Common use of Third Party Diligence Clause in Contracts

Third Party Diligence. Lender shall have completed to its satisfaction (i) its due diligence with respect to the business, management, customers and vendors of the Loan Parties, (ii) its legal due diligence with respect to the Loan Parties, including satisfactory review of Closing Date Acquisition Documents, organizational documents and contracts with members of management, (iii) its third party financial and market due diligence, (iv) its site visits to the Loan Parties, (v) its meetings with members of management of the Loan Parties, and (vi) its review of the organizational and capital structure (including all outstanding debt and equity) of the Loan Parties and Lender shall have received copies of all third party diligence and related reports received by Sponsor.