New Loan Documents. The New Loan Documents shall have each been duly executed and delivered by the respective parties thereto.
New Loan Documents. Agent shall have received the New Loan Documents, each been duly executed and delivered by Borrower.
New Loan Documents. The obligation of Lender to enter into this Agreement shall be subject to Original Borrower and/or Borrower having delivered or causing to be delivered on or prior to the date of this Agreement the New Loan Documents in form and substance acceptable to Lender.
New Loan Documents. Parent and the other borrowers and guarantors, if any, thereunder, shall have executed and delivered each of the New Loan Documents to the lenders or holders thereunder, unless Parent pays cash in lieu of the full Aggregate New Notes Amount pursuant to Section 3.4(b)(ii).
New Loan Documents. An authorized officer of Borrower shall have properly executed and delivered each New Loan Document to which it is a party, each in form and substance satisfactory to the Agent and Lenders. An authorized officer of each Guarantor shall have properly executed and delivered each New Loan Document to which such Guarantor is a party, each in form and substance satisfactory to the Agent and Lenders.
New Loan Documents. The Company and the Investor shall enter into new loan documents in the substantially the form of the Note Purchase Agreement, Secured Promissory Note, Pledge Agreement and Guaranty Agreement attached hereto as Annexes “A,” “B,” “C’” and “D” attached hereto and incorporated herein reference for all purposes (the “New Loan Documents”). The New Loan Documents shall provide for the consolidation and cancellation of the Existing Notes and the loan of the Additional Loan Amount under a new Secured Promissory Note on the terms set forth therein, which new Secured Promissory Note will be secured by a pledge of all of the membership interests of the Company’s wholly owned subsidiary, Provident Energy Associates of Montana, LLC, a Montana limited liability company, and the guaranty of the indebtedness set forth therein by the Company’s parent Corporation, Arkanova Energy Corporation (“AEC”). Interest on the Existing Notes shall be paid in full in unregistered shares of the common stock of AEC at the time of the signing of the New Loan Documents on the terms set forth therein. At the time of signing of the new Secured Promissory Note and the issuance of shares of AEC in payment of the accrued interest thereunder, the Existing Notes shall be deemed cancelled and consolidated into the new Secured Promissory Note.
New Loan Documents. The RUS shall receive duly executed originals of the New Loan Documents. The New Notes and this Agreement must be received within ninety (90) days of the date of the Designation Notice for the applicable New FFB Note committing FFB to purchase such New FFB Note (each, a “Designation Notice”) in the manner prescribed in such Designation Notice and all conditions set forth in such Designation Notice and the contract of guarantee must be satisfied; (d)
