Loan Closings. All documents required by the provisions of this Agreement to have been executed or delivered by the Borrower to the Administrative Agent, any Lender or the Issuer on or before the applicable Borrowing Date shall have been so executed or delivered on or before such Borrowing Date.
Loan Closings. All documents required by the provisions of the Loan Documents to be executed or delivered to the Administrative Agent on or before the applicable Borrowing Date or prior to the issuance of a Letter of Credit shall have been executed and shall have been delivered at the office of the Administrative Agent set forth in Section 11.2 on or before such Borrowing Date.
Loan Closings. All documents required by the provisions of the Loan Documents to be executed or delivered to the Bank on or before the applicable Borrowing Date shall have been executed and shall have been delivered at the office of the Bank set forth in Section 10.2 on or before such Borrowing Date.
Loan Closings. (a) The Participating Lender must promptly close all STLP loans in ac- cordance with the terms and conditions approved by DOT OSDBU in its Guar- xxxxx Agreement. The Participating Lender must report circumstances con- cerning any STLP loans not closed within a reasonable time period after DOT OSDBU approval.
(b) The Participating Lender uses its own internal loan closing documents and must use standard banking prac- tices and procedures to ensure proper execution of the debt and perfection of the collateral. The Participating Lend- er must forward copies of all executed closing documents and filings to DOT OSDBU within the time period speci- fied in the cooperative agreement.
Loan Closings. (a) The Participating Lender must promptly close all STLP loans in ac- cordance with the terms and conditions approved by DOT OSDBU in its Guar- xxxxx Agreement. The Participating Lender must report circumstances con- cerning any STLP loans not closed within a reasonable time period after DOT OSDBU approval.
(b) The Participating Lender uses its own internal loan closing documents and must use standard banking prac-
Loan Closings. All documents required by paragraphs 5 and 6 of this Agreement to be executed and/or delivered to the Agent on or before the applicable Borrowing Date shall have been executed and delivered at the office of the Agent set forth in paragraph 11 on or before such Borrowing Date.
Loan Closings. Closings of each of the Loans may be consummated by exchange of electronic documents and signatures and the payment of monies in accordance with, and subject to the terms and conditions contained in, this Agreement. At each Closing, the Issuers will deliver to the applicable Purchasers a Note in a principal amount equal to such Purchaser’s Loan, together with the such other instruments and documents provided for in this Agreement, and each Purchaser will fund its Loan by check payable to any Issuer, on behalf of all of the Issuers, or by wire transfer to a bank account designated by the Issuers.
Loan Closings. The closing, if any, of each Additional Loan (each, a “Loan Closing”) shall take place at the offices of Xxxxxxx XxXxxxxxx LLP, One Federal Street, Boston, Massachusetts, at 12:00 p.m. (Eastern Time) on the 5th business day following the later of the delivery of a Loan Request or the date on which all the conditions in Section 2.3 hereof have been satisfied, or at such other time, date and place as are mutually agreed upon by the Company and BSC (each, a “Loan Closing Date”). On each Loan Closing Date, subject to the conditions set forth in Section 2.3 hereof, BSC or an Affiliate designated thereby shall make the applicable Loan pursuant to Section 2.1(a), (b) or (c), as applicable. At each Loan Closing, the following transactions shall occur and documents shall be delivered, which transactions shall be deemed to take place simultaneously and no transactions shall be deemed to have been completed or any document delivered until all such transactions have been completed and all required documents delivered:
(a) The Company shall deliver to BSC the following documents:
(i) a true copy of the resolutions of the board of directors of the Company (1) authorizing the Loan Request and issuing the Note for such Loan to BSC, and (2) reserving the Conversion Shares for issuance upon conversion of such Note;
(ii) a validly executed Note for such Loan to be issued to BSC (or its designated Affiliate); and
(iii) a compliance certificate, dated as of such Loan Closing Date and signed by the Company’s President or Chief Executive Officer, certifying as to and, where appropriate, attaching certified copies of (1) the fulfillment of the conditions specified in Section 2.3(a) - (i) below,(2) the resolutions duly adopted by the board of directors of the Company authorizing the Loan Request and the issuance of such Note, and (3) all third party and governmental consents, approvals and filings required in connection with the consummation of the transactions hereunder.
(b) BSC shall make payment of the applicable Loan on the Loan Closing Date in cash, by certified bank check, or wire transfer pursuant to wiring instructions provided by the Company no later than three (3) business days prior to the Loan Closing Date.
Loan Closings. All documents required by the provisions of this Agreement to be executed or delivered to the Administrative Agent on or before the applicable Borrowing Date shall have been executed and shall have been delivered at the office of the Administrative Agent set forth in Section 11.2 on or before such Borrowing Date.
Loan Closings. (a) The Lender shall extend a Loan (each, a “Loan”) in the amount set forth in the Borrowing Notice with respect to such Loan, and such Loan shall be delivered in the form of wire transfer of immediately available funds to an account designated in writing by the Company, subject to the satisfaction of the following conditions:
