Initial Loans to a Subsidiary Borrower. The Lenders shall not be required to make Revolving Loans to any Subsidiary Borrower unless (a) the conditions precedent set forth in Sections 11.1 and 11.2 have been satisfied and (b) such Subsidiary Borrower has furnished to the Administrative Agent:
Appears in 4 contracts
Samples: Credit Agreement (Regal Beloit Corp), Credit Agreement (Regal Beloit Corp), Credit Agreement (Regal Beloit Corp)
Initial Loans to a Subsidiary Borrower. The Lenders Banks shall not be required to make Revolving Loans to any Subsidiary Borrower unless (a) the conditions precedent set forth in Sections 11.1 and 11.2 have been satisfied and (b) such Subsidiary Borrower has furnished to the Administrative AgentAgent with sufficient copies for the Banks:
Appears in 2 contracts
Samples: Assignment Agreement (Regal Beloit Corp), Credit Agreement (Regal Beloit Corp)
Initial Loans to a Subsidiary Borrower. The Lenders shall not be required to make Revolving Loans to any Subsidiary Borrower unless (ai) the conditions precedent set forth in Sections 11.1 and 11.2 have been satisfied and (bii) such Subsidiary Borrower has furnished the Administrative Agent shall have received all of the following, each duly executed and dated a date reasonably satisfactory to the Administrative Agent, and each in form and substance reasonably satisfactory to (and in the number of counterparts reasonably requested by) the Administrative Agent:
Appears in 2 contracts
Samples: Security Agreement (MIDDLEBY Corp), Pledge Agreement (Middleby Corp)
Initial Loans to a Subsidiary Borrower. The Lenders shall not be required to make Revolving Loans to any Subsidiary Borrower unless (a) the conditions precedent set forth in Sections 11.1 and 11.2 have been satisfied and (b) such Subsidiary Borrower has furnished the Administrative Agent shall have received all of the following, each duly executed and dated a date satisfactory to the Administrative Agent, and each in form and substance reasonably satisfactory to (and in the number of counterparts reasonably requested by) the Administrative Agent:
Appears in 1 contract
Samples: Security Agreement (Middleby Corp)
Initial Loans to a Subsidiary Borrower. The Revolving Lenders shall not be required to make Revolving Loans to any Subsidiary Borrower unless (a) the conditions precedent set forth in Sections 11.1 and 11.2 5.01and 5.02 have been satisfied and (b) such Subsidiary Borrower has furnished to the Administrative AgentAgent with sufficient copies for the Revolving Lenders:
Appears in 1 contract
Initial Loans to a Subsidiary Borrower. The Lenders shall not be required to make Revolving Loans to any Subsidiary Borrower unless (a) the conditions precedent set forth in Sections 11.1 and 11.2 have been satisfied and (b) such Subsidiary Borrower has furnished the Administrative Agent shall have received all of the following, each duly executed and dated a date reasonably satisfactory to the Administrative Agent, and each in form and substance reasonably satisfactory to (and in the number of counterparts reasonably requested by) the Administrative Agent:
Appears in 1 contract
Samples: Security Agreement (Middleby Corp)
Initial Loans to a Subsidiary Borrower. The Lenders shall not be required to make Revolving Loans to any Subsidiary Borrower unless (a) the conditions precedent set forth in Sections 11.1 5.01 and 11.2 5.02 have been satisfied and (b) such Subsidiary Borrower has furnished to the Administrative AgentAgent with sufficient copies for the Lenders:
Appears in 1 contract
Initial Loans to a Subsidiary Borrower. The Lenders shall not be required to make Revolving Loans to any Subsidiary Borrower unless (ai) the conditions precedent set forth in 113 Sections 11.1 and 11.2 have been satisfied and (bii) such Subsidiary Borrower has furnished the Administrative Agent shall have received all of the following, each duly executed and dated a date reasonably satisfactory to the Administrative Agent, and each in form and substance reasonably satisfactory to (and in the number of counterparts reasonably requested by) the Administrative Agent:
Appears in 1 contract
Samples: Credit Agreement (Middleby Corp)