Post-Closing Undertaking. Perform and satisfy to the satisfaction of the Agent and its counsel the requirements (the “Post-Closing Undertaking”) listed in Schedule 8.01(21) on or before the date by which such Post-Closing Undertaking is required to be performed pursuant thereto. The Agent, by instrument in writing and without any consent from any of the Lenders, may, in its sole and absolute discretion, extend any deadline for completion of the Post-Closing Undertaking.
Post-Closing Undertaking. The Borrower, on behalf of each Obligor, hereby agrees that it shall take (or cause to be taken, as applicable) the following actions within the applicable time periods set out below, and further agrees that any failure of the Borrower to take such actions within such time period shall constitute, at the option of the Agent, an Event of Default:
Post-Closing Undertaking. (a) The Loan Parties shall use commercially reasonable efforts to deliver to the Administrative Agent executed estoppel letters addressed to the Administrative Agent and the Lenders, in form and substance reasonably satisfactory to the Administrative Agent, as reasonably requested by counsel to the Administrative Agent with respect to any security interests and PPSA financing statements filed against any Loan Party or its Subsidiaries (other than Exempt Immaterial Subsidiaries) within 60 days after the Closing Date.
Post-Closing Undertaking. Within 180 days of the Restatement Effective Date, Landlord shall either (i) pay off and otherwise satisfy all outstanding obligations under the Fleet Mortgage and deliver to Tenant a document executed and delivered by Fleet National Bank in form and substance reasonably satisfactory to Tenant evidencing such satisfaction or (ii) deliver to Tenant an SNDA executed by the holder of the Fleet Mortgage as such Fleet Mortgage may have been modified or amended (a "Fleet SNDA"). If Landlord fails to comply with the provisions of the preceding sentence when and as required to do so, then Tenant shall be entitled to an offset of $50,000 per month (prorated daily) against Fixed Rent, so long as such failure continues.
Post-Closing Undertaking. The Borrower shall use commercially reasonable efforts to cause The Bank of Nova Scotia to enter into a blocked account agreement or similar agreement in form and substance satisfactory to the Agent in respect of the Borrower’s accounts with numbers 476968870918 and 476961125117 within thirty (30) days of the date hereof; provided that, if The Bank of Nova Scotia refuses to or is unable to enter into a blocked account agreement or similar agreement in form and substance satisfactory to the Agent witching thirty (30) days of the date hereof, the Borrower shall move such accounts to another financial institution and enter into a blocked account agreement or similar agreement in form and substance satisfactory to the Agent within sixty (60) days of the date hereof.
Post-Closing Undertaking. Each party shall take all such steps following the Closing as may be necessary to cause the then-current directors and officers of the Third Coast Companies to resign and to cause the MGA to take all steps necessary to appoint and elect new officers and directors of each such Third Coast Company to serve as officers and directors from and after the Closing Date.
Post-Closing Undertaking. The Co-Borrowers hereby covenant and agree that they shall deliver to the Lender, on or prior to October 31, 2020, a Landlord Subordination Agreement in form and substance reasonably acceptable to Lender with respect to the property leased by Interwork located at 0000 Xxxxxxx Xxxx, Xxxxx 000, Xxxx, New York 14059.
Post-Closing Undertaking. On or before (A) the 60th day following the Closing Date, Borrowers shall use commercially reasonable efforts to deliver or cause to be delivered to Agent (unless waived by Agent or unless such deadline is extended by Agent in writing, in each case in its sole discretion), Lien Waivers with respect to each of the locations at which Eligible Inventory is located and such other locations set forth in Schedule 8.6.1 and (B) the 10th Business Day following the Closing Date, Borrowers shall deliver or cause to be delivered to Agent (unless such deadline is extended by Agent in writing in its sole discretion) original stock certificates representing all of the issued and outstanding Equity Interests in each of Xxxxxxx Group and Oly NC.
Post-Closing Undertaking. The seller and management shareholder jointly undertake that:
Post-Closing Undertaking. Within 30 days following the Closing Date, deliver to Agent a Collateral Access Agreement with respect to (i) the location leased by Borrower at 0000 00xx Xxxxxx Xxxxx, Xxx Xxxx, Xxxxxxxxx, and (ii) the location leased by FUNimation Productions, Ltd. at 0000 Xxxxxxxx Xxxxxxx, Xxxxxxxx 0, Xxxxxx Xxxxx, Xxxxx.
