No Event of Default; Satisfaction of Financial Covenants. On the Closing Date and after giving effect to the disbursement of the Loan, no Event of Default or Unmatured Event of Default shall exist and all of the financial covenants contained in Articles VII and VIII shall be satisfied.
Appears in 2 contracts
Samples: Term Loan Credit Agreement (Manufactured Home Communities Inc), Credit Agreement (Manufactured Home Communities Inc)
No Event of Default; Satisfaction of Financial Covenants. On the Closing Date and after giving effect to the disbursement initial disbursements of the LoanLoans, no Event of Default or Unmatured Event of Default shall exist exist, and all the covenant contained in Section 8.5, and each of the financial covenants contained in Articles VII and VIII Article IX, shall be satisfied.
Appears in 2 contracts
Samples: Credit Agreement (Spieker Properties Inc), Credit Agreement (Spieker Properties Inc)
No Event of Default; Satisfaction of Financial Covenants. On the Closing Date and after giving effect to the disbursement initial disbursements of the LoanLoans, no Event of Default or Unmatured Event of Default shall exist and all of the financial covenants contained in Articles VII 6, 7, 8 and VIII 9 shall be satisfied.
Appears in 1 contract
Samples: Credit Agreement (Paragon Group Inc)
No Event of Default; Satisfaction of Financial Covenants. On the Closing Date and after giving effect to the disbursement initial disbursements of the LoanLoans, no Event of Default or Unmatured Event of Default shall exist and all of the financial covenants contained in Articles VII and VIII Article IX shall be satisfied.
Appears in 1 contract
No Event of Default; Satisfaction of Financial Covenants. On the Closing Date and after giving effect to the disbursement initial disbursements of the LoanLoans, no Event of Default or Unmatured Event of Default shall exist and all of the financial covenants contained in Articles VII VIII and VIII IX shall be satisfied.
Appears in 1 contract
Samples: Credit Agreement (Manufactured Home Communities Inc)
No Event of Default; Satisfaction of Financial Covenants. On the Closing Date and after giving effect to the disbursement initial disbursements of the LoanLoans, no Event of Default or Unmatured Event of Default shall exist and all of the financial covenants contained in Articles VII Sections 8.05 and VIII 8.06 and Article IX shall be satisfied.
Appears in 1 contract
Samples: Credit Agreement (Prudential Bache Equitec Real Estate Partnership)
