STRUCTURE OF THE TRANSACTION; THE LOANS Sample Clauses

STRUCTURE OF THE TRANSACTION; THE LOANS. 2.01. General Structure of the Transaction. The Lessees, the Owner Trustee, the Investor, the Administrative Agent, the Syndication Agent, the Real Estate Administrative Agent and the Lenders participate in a transaction pursuant to which: (a) the Lenders will agree, as more particularly described below, to make Loans to the Owner Trustee from time to time in an aggregate principal amount not to exceed $250,000,000, (b) the Owner Trustee is acting as an agent for the Lessees, the Lessors and the Agree SPCs to obtain financing on behalf of the Lessors and Agree SPCs, (c) the Guarantors will unconditionally guarantee certain of the obligations of the Owner Trustee to the Lenders, (d) the Owner Trustee will use the proceeds of the Loans solely to make Project Loans to (i) certain special purpose entities acceptable to the Real Estate Administrative Agent and formed solely for the purpose of paying the costs of owning, developing and constructing the Properties (each a "Lessor" and collectively the "Lessors") or (ii) to an Agree SPC as more particularly described in Article XIV, (e) the Lessors (other than an Agree Lessor), in turn, will use the proceeds of each Project Loan solely for the purpose of acquiring, leasing and/or constructing properties to be used by the Lessees as stores or other facilities, and, with respect to an Agree Project Loan, the Agree SPC's will use the proceeds of each Project Loan solely for the purpose of making a capital contribution to the applicable Agree Lessor who will use such contribution solely for the purpose of acquiring, leasing and/or constructing properties to be used by the Lessees as stores or other facilities, (f) the applicable Lessee will unconditionally guarantee to the Owner Trustee the completion of each Property and (g) upon the acquisition of each Property, the applicable Lessee will enter into a Lease with respect to such Property. As security for each Project Loan which is not an Agree Project Loan, each Lessor will deliver to the Owner Trustee a Mortgage, encumbering the Lessor's interest in the Property, an Assignment of Development Agency Agreement and an
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Related to STRUCTURE OF THE TRANSACTION; THE LOANS

  • Closing of the Transactions The Transactions set forth in the Business Combination Agreement shall have been or will be consummated substantially concurrently with the Closing.

  • Closing of the Transaction All conditions precedent to effect the closing of the Transaction shall have been satisfied or waived (other than those conditions that, by their nature, may only be satisfied at the consummation of the closing of the Transaction but subject to satisfaction or waiver thereof).

  • Consummation of the Transactions Subject to the terms and conditions of this Agreement, each party shall use its commercially reasonable efforts to cause the Closing to occur upon the terms and conditions set forth herein. FCG shall cooperate with the Investor, and the Investor shall cooperate with FCG, in filing any necessary applications, reports or other documents with, giving any notices to, and seeking any consents from, all Governmental Entities and all third parties as may be required in connection with the consummation of the transactions contemplated by this Agreement, and each party requesting such cooperation shall reimburse the other party's reasonable out-of-pocket expenses in providing such cooperation.

  • Consummation of the Transaction Each Party shall, and shall cause its respective Affiliates to, (i) make or cause to be made any filings to the extent required or requested of such Party or any of its Affiliates under any applicable Laws or by any Governmental Authority with competent jurisdiction with respect to this Agreement and the other Transaction Documents as promptly as is reasonably practicable; (ii) reasonably cooperate with the other Parties and furnish all information in such Party’s possession that is necessary in connection with any other Party’s filings; (iii) use commercially reasonable efforts to secure the expiration or termination of any applicable waiting period and clearance or approval by any relevant Governmental Authority with respect to this Agreement and the other Transaction Documents as promptly as is reasonably practicable (including, with respect to Acquirors, by refraining from acquiring or seeking to acquire any entity or assets (other than pursuant to the transactions contemplated by this Agreement) that would present a material risk of delaying or making it more difficult to secure such Required Approvals); (iv) promptly inform the other Parties of (and, at any other Party’s reasonable request, supply to such other Party) any communication (or other correspondence, submission or memoranda) from or to, and any proposed understanding or agreement with, any Governmental Authority in respect of any applicable filings; (v) comply, as promptly as is reasonably practicable and with due regard to maintaining the confidentiality of information that would be commercially harmful if publicly disclosed, with any requests received by such Party or any of its Affiliates under any Laws for additional information, documents, submissions or other materials; (vi) use commercially reasonable efforts to respond to and resolve any objections as may be asserted by any Governmental Authority with respect to this Agreement and the other Transaction Documents; and (vii) use commercially reasonable efforts to contest and resist any Proceeding instituted (or threatened in writing to be instituted) by any Governmental Authority challenging this Agreement and the other Transaction Documents as violative of any Law. Notwithstanding anything to the contrary in this Section 6.2, materials and information provided to another Party or its outside counsel may be redacted, or to the extent reasonably necessary withheld entirely, (x) to remove references or other information concerning the valuation of the Subject Interests, (y) as necessary to comply with contractual arrangements (other than any contractual arrangements specifically entered into in order to avoid disclosure under this Section 6.2) and (z) as necessary to address reasonable attorney-client or other privilege or confidentiality concerns. Notwithstanding anything to the contrary in this Agreement, no Acquiror, nor any of the Equity Investors, nor any of their respective Affiliates or Subsidiaries (including, for the avoidance of doubt, any direct or indirect portfolio companies of investment funds advised or managed by an Equity Investor or its Affiliates) will be required to sell, license, divest of, hold separate or dispose of its or any of its Affiliates’ businesses, product lines or assets or any interest therein.

  • Structure of the Merger Upon the terms and subject to the conditions set forth in this Agreement, at the Effective Time (as defined in Section 1.3), Merger Sub shall be merged with and into the Company, and the separate existence of Merger Sub shall cease. The Company will continue as the surviving corporation in the Merger (the “Surviving Corporation”).

  • Terms of the Transaction 9 2.1 Agreement to Sell and to Purchase the Securities................ 9 2.2

  • Conditions to the Transaction 7.1 Conditions to Obligations of Each Party to Effect the Transaction. The respective obligations of each party to this Agreement to effect the Transaction shall be subject to the satisfaction at or prior to the Closing Date of the following conditions:

  • Related Transactions 10 3.10 Insurance.............................................................................10 3.11

  • Transaction Financing The Company shall use its reasonable best efforts to take, or cause to be taken, all actions, and do, or cause to be done, and to assist and cooperate with the other parties in doing, all things necessary, proper or advisable to obtain a commitment letter (the “Transaction Financing Commitment Letter”), from a reputable financial institution to provide financing for the Merger and the transactions contemplated hereby on commercially reasonable terms and conditions.

  • Transactions identified under Section 2 of this Agreement shall be deemed exception services ("Exception Services") when such transactions:

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