Initial Closing Date Conditions Sample Clauses

Initial Closing Date Conditions. The obligations of the applicable Lenders to make the Loans to be made on the Initial Closing Date are subject to (a) receipt by Agent, on or prior to the Initial Closing Date, of each item listed in Part I of Schedule 3.01, each in form and substance satisfactory to Agent and each Lender, and with sufficient copies for, Agent and each Lender, (b) the termination of the Outstanding U.S. Loan Facility and payment by LSI in full of all amounts payable thereunder, (c) either confirmation in form and substance satisfactory to Agent and each Lender that the transactions contemplated by this Agreement do not contravene the provisions of the Outstanding Japanese Loan Facility, if the Initial Closing Date is the U.S. Closing Date, or the termination of the Outstanding Japanese Loan Facility and payment by LLJS in full of all amounts payable thereunder, if the Initial Closing Date is the Japanese Closing Date, and (d) confirmation in form and substance satisfactory to Agent and each Lender that the transactions contemplated by this Agreement do not contravene the provisions of the Outstanding Japanese Lease Facility. The obligations of the applicable Lenders to maintain the Loans made on the Initial Closing Date are subject to receipt by Agent within ten (10) Business Days after the Initial Closing Date of each item listed in Part II of Schedule 3.01, each in form and substance satisfactory to Agent and each Lender, and with sufficient copies for, Agent and each Lender.
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Initial Closing Date Conditions. Trustee's obligations ------------------------------- hereunder shall be subject to the satisfaction (or waiver by Trustee, Bond Insurer and Purchaser) on the Initial Closing Date of each of the following conditions precedent:
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Initial Closing Date Conditions. The Purchaser's obligations hereunder shall be subject to the satisfaction (or waiver thereof by the Purchaser, the Trustee, the Bond Insurer and Centre Square) on the Initial Closing Date of each of the conditions precedent set forth in Section 2.02 of the Purchase Agreement, which conditions precedent are hereby incorporated by reference herein to the extent they relate to Seller, with respect to the Lease Contracts and related Equipment covered by this Agreement.
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Initial Closing Date Conditions 
Sample 1

Related to Initial Closing Date Conditions

  • Effective Date Conditions The effectiveness of the amendment and restatement of the Original Credit Agreement in the form of this Agreement is subject to the satisfaction of the following conditions precedent:

  • Initial Closing Date The obligation of each Buyer hereunder to purchase the Initial Preferred Shares at the Initial Closing is subject to the satisfaction, at or before the Initial Closing Date, of each of the following conditions, provided that these conditions are for each Buyer's sole benefit and may be waived by such Buyer at any time in its sole discretion:

  • Closing Date and Option Closing Date Opinions of Counsel On the Closing Date and the Option Closing Date, if any, the Representative shall have received the favorable opinions and negative assurance statements of Ellenoff Xxxxxxxx & Schole LLP, dated the Closing Date or the Option Closing Date, as the case may be, addressed to the Representative as representative for the several Underwriters and in form and substance satisfactory to the Representative and GM.

  • Closing Date and Option Closing Date Opinion of Counsel On each of the Closing Date and the Option Closing Date, if any, the Representative shall have received the favorable opinion of GM, dated the Closing Date or the Option Closing Date, as the case may be, addressed to the Representative and in form and substance reasonably satisfactory to BM, confirming as of the Closing Date and, if applicable, the Option Closing Date, the statements made by GM in their opinion delivered on the Effective Date.

  • Conditions to Closing Date This Agreement shall become effective upon, and the obligation of each Lender to make the initial Extensions of Credit on the Closing Date is subject to, the satisfaction of the following conditions precedent:

  • Subsequent Closing On the terms and subject to the conditions of this Agreement, at the Subsequent Closing, the Company shall issue and sell to Sentinel and the Additional Purchasers, if any, and Sentinel and the Additional Purchasers, if any, shall purchase from the Company, in the aggregate, 2,880 shares of Series B Preferred Stock (the "Subsequent B Shares" and, together with the Sentinel B Shares, the Xxxxxxxxxxx B Shares, the GE B Shares, the Midwest B Shares, the Xxxxx B Shares and the Slack B Shares, the "Series B Shares"), for an aggregate purchase price of $288,000 (the "Subsequent B Purchase Price"), and a Note or Notes having an aggregate principal amount of $336,000 (the "Subsequent Note(s)"), for an aggregate purchase price of $336,000 (together with the Subsequent B Purchase Price, the "Subsequent Purchase Price"). The Subsequent B Shares and Subsequent Notes shall be sold on the same terms as the Series B Shares and Notes sold at the Closing. "Additional Purchasers" shall be such Persons, who shall be reasonably acceptable to the Company and Sentinel, who execute and deliver to the Company a counterpart of this Agreement, a joinder to the Stockholders Agreement and a joinder to the Registration Agreement, and purchase Subsequent B Shares and Subsequent Notes on the Subsequent Closing Date. Each Additional Purchaser shall purchase such number of Subsequent B Shares and a Subsequent Note in such principal amount as agreed to by such Additional Purchaser and Sentinel. Sentinel shall purchase all Subsequent B Shares which the Additional Purchasers, if any, do not purchase. Sentinel shall purchase a Subsequent Note having a principal amount equal to $336,000 minus the aggregate principal amount of the Subsequent Notes, if any, purchased by the Additional Purchasers, if any. Each Additional Purchaser shall be deemed a "Purchaser" hereunder. The respective amounts of Subsequent B Shares and Subsequent Notes purchased by Sentinel and each Additional Purchaser, if any, shall be set forth on a Schedule of Subsequent Purchase and shall be attached hereto on the Subsequent Closing Date.

  • Closing Date Certificate Borrower shall have delivered to Administrative Agent an originally executed Closing Date Certificate, together with all attachments thereto.

  • Closing Date Deliveries On the Closing Date, the Company shall have delivered to the Representative executed copies of the Representative’s Purchase Option.

  • Initial Conditions Precedent The obligation of the Lenders to effect or permit the occurrence of the first Credit Event hereunder, whether as the making of a Loan or the issuance of a Letter of Credit, is subject to the satisfaction or waiver of the following conditions precedent:

  • Additional Closing Deliveries At each Closing, the Company shall deliver or cause to be delivered to the Investor the following (the“Company Deliverables”):

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