Common use of Independent Manager Clause in Contracts

Independent Manager. On the Closing Date, the Administrative Agent shall have received evidence satisfactory to it that Company has appointed an Independent Manager who is acceptable to it in its sole discretion.

Appears in 9 contracts

Samples: Credit Agreement (Enova International, Inc.), Credit Agreement (Enova International, Inc.), Credit Agreement (Enova International, Inc.)

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Independent Manager. On the Closing Date, the Administrative Agent shall have received evidence satisfactory to it that Company has appointed an Independent Manager who is acceptable to it in its sole discretion. The Administrative Agent and each Lender, by delivering its signature page to this Agreement, shall be deemed to have acknowledged receipt of, and consented to and approved, each Credit Document and each other document required to be approved by the Administrative Agent, Requisite Lenders or Lenders, as applicable on the Closing Date.

Appears in 3 contracts

Samples: Credit Agreement (On Deck Capital Inc), Credit Agreement (On Deck Capital Inc), Credit Agreement (On Deck Capital Inc)

Independent Manager. On the Closing Date, the Administrative Agent shall have received evidence satisfactory to it that Company the Borrower has appointed an Independent Manager who is acceptable to it in its sole reasonable discretion.

Appears in 1 contract

Samples: Credit Agreement (Nicholas Financial Inc)

Independent Manager. On the Closing Date, the Administrative Agent shall have received evidence satisfactory to it that Company has appointed an Independent Manager who is acceptable to it in its sole discretion. The Administrative Agent and each Purchaser, by delivering its signature page to this Agreement, shall be deemed to have acknowledged receipt of, and consented to and approved, each Funding Document and each other document required to be approved by the Administrative Agent, Requisite Purchasers or Purchasers, as applicable on the Closing Date.

Appears in 1 contract

Samples: Note Issuance and Purchase Agreement (On Deck Capital, Inc.)

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Independent Manager. On the Closing Date, the Administrative Agent and Xxxxxxx shall have received evidence satisfactory to it them that Company has appointed an Independent Manager who is acceptable to it in its sole discretion.

Appears in 1 contract

Samples: Credit Agreement (Enova International, Inc.)

Independent Manager. On the Closing Date, the Administrative Agent and Lenders shall have received evidence satisfactory to it them that Company has appointed an Independent Manager who is acceptable to it in its sole discretion.

Appears in 1 contract

Samples: Credit Agreement (Enova International, Inc.)

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