Post-Closing Agreement. Administrative Agent shall have received an executed and delivered post-closing agreement (the “Post-Closing Agreement”) with respect to certain post-closing undertakings by the Credit Parties.
Post-Closing Agreement. Administrative Agent shall have received an executed and delivered post-closing agreement (the “Post-Closing Agreement”) with respect to certain post-closing undertakings by the Credit Parties. Each Lender hereby agrees that by its execution and delivery of its signature page hereto and by the funding of its Loan to be made on the Initial Borrowing Date, such Lender approves of and consents to each of the matters set forth in Section 5.1 and Section 5.2 which must be approved by, or which must be satisfactory to, the Administrative Agent or the Majority Lenders or Lenders, as the case may be; provided that, in the case of any agreement or document which must be approved by, or which must be satisfactory to, the Majority Lenders, Administrative Agent or Company shall have delivered a copy of such agreement or document to such Lender on or prior to the Initial Borrowing Date if requested.
Post-Closing Agreement. The Borrower and, to the extent applicable, each of the other Loan Parties party thereto shall deliver to the Administrative Agent on or before the applicable date set forth in the Post Closing Agreement all items required by such Post Closing Agreement.
Post-Closing Agreement. On the Closing Date, the Seller shall execute, and shall cause Xxxx Xxxx and Xxxxxx Xxxx to execute, a Post-Closing Agreement with the Buyers including covenants not to compete with the Buyers in the markets served by the Stations in the form of Exhibit D attached hereto. A portion of the Purchase Price equal to One Hundred Thousand Dollars ($100,000) shall be paid to the Seller, on behalf of all parties other than the Buyers, on the Closing Date as consideration for the agreements set forth in the Post-Closing Agreement.
Post-Closing Agreement. If Purchaser declares bankruptcy or seeks receivership protection within 12 months after the Closing Date, or if Purchaser does not commence site development of the Property within 12 months after the Closing Date, Seller shall be entitled to repurchase the Property for the full consideration paid by Purchaser and dispose of or keep the Property as Seller may at that time determine in its sole discretion. A repurchase option shall be recorded with the Washtenaw County Register of Deeds at the time of closing to preserve Seller’s rights herein.
Post-Closing Agreement. Holdings hereby agrees to take, and cause the other applicable Credit Parties to take, the actions listed on Schedule II to this Agreement within 90 days of the Amendment No. 2 Effective Date (or such later date as the Administrative Agent in its reasonable discretion may agree).
Post-Closing Agreement. A Post-Closing Agreement (the “Post-Closing Agreement”) satisfactory to the Administrative Agent setting forth certain conditions precedent waived by the Administrative Agent, which the Borrower agrees to satisfy no later than the respective dates specified therein.
Post-Closing Agreement. A Post-Closing Agreement dated the applicable Closing Date in the form reasonably agreed to by the parties hereto, duly executed by Seller.
