Common use of Post-Closing Agreement Clause in Contracts

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.