Common use of Post-Closing Conditions Clause in Contracts

Post-Closing Conditions. Within thirty (30) days of the Effective Date, Borrower shall deliver to Bank evidence satisfactory to Bank that the insurance policies and endorsements required by Section 6.5 hereof are in full force and effect, together with appropriate evidence showing lender loss payable and/or additional insured clauses or endorsements in favor of Bank.

Appears in 2 contracts

Samples: Loan and Security Agreement (Pandion Therapeutics Holdco LLC), Loan and Security Agreement (Pandion Therapeutics Holdco LLC)

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Post-Closing Conditions. Within thirty (30) days of after the Effective Date, Borrower shall deliver to Bank Bank, in form and substance satisfactory to Bank, evidence satisfactory to Bank that the insurance policies and endorsements required by Section 6.5 hereof are in full force and effect, together with appropriate evidence showing lender loss payable and/or additional insured clauses or endorsements in favor of Bank.

Appears in 2 contracts

Samples: Loan and Security Agreement (Mersana Therapeutics, Inc.), Loan and Security Agreement (Mersana Therapeutics, Inc.)

Post-Closing Conditions. Within thirty (30a) As soon as possible, but no later than fifteen (15) days of after the Effective Date, Borrower shall deliver to Bank evidence evidence, satisfactory to Bank in its sole discretion, that the insurance policies and endorsements required by Section 6.5 6.7 hereof are in full force and effect, together with appropriate evidence showing lender loss payable and/or additional insured clauses or endorsements in favor of Bank.;

Appears in 2 contracts

Samples: Loan and Security Agreement (Twist Bioscience Corp), Loan and Security Agreement (Twist Bioscience Corp)

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Post-Closing Conditions. Within thirty (30) days of after the Effective DateDate (or such later date as Bank may agree to in writing in its sole and absolute discretion), Borrower shall deliver to Bank evidence satisfactory to Bank that the insurance policies and endorsements required by Section 6.5 hereof are in full force and effect, together with appropriate evidence showing lender loss payable and/or additional insured clauses or endorsements in favor of Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Homology Medicines, Inc.)

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