Closing Conditions of Closing and Borrowing. 50 SECTION 6.1 Closing....................................................................... 50 SECTION 6.2 Conditions to Closing and Initial Extensions of Credit........................ 50 SECTION 6.3 Conditions to All Extensions of Credit........................................ 55
Closing Conditions of Closing and Borrowing. 30 SECTION 4.1 Closing....................................................................................30 SECTION 4.2 Conditions to Closing and Term Loan........................................................30
Closing Conditions of Closing and Borrowing. 34 SECTION 5.1 Closing 34 SECTION 5.2 Conditions to Closing and Initial Extensions of Credit 34 SECTION 5.3 Conditions to All Extensions of Credit 36
Closing Conditions of Closing and Borrowing. 3.1 Conditions of Initial Loans and Advances 17 3.2 Conditions to all Loans 20 3.3 Waiver of Conditions Precedent 20
Closing Conditions of Closing and Borrowing. 12 SECTION 4.1 Closing........................................................................12 SECTION 4.2 Conditions to Closing..........................................................12
Closing Conditions of Closing and Borrowing. SECTION 6.1
Closing Conditions of Closing and Borrowing. 38 SECTION 4.1 Closing ..................................................................... 38 SECTION 4.2 Conditions to Closing and Initial Construction Loan Advance ................. 38 SECTION 4.3 Conditions to All Construction Loan Advances ................................ 47 SECTION 4.4 Final Construction Loan Advance for Improvements ............................ 48
Closing Conditions of Closing and Borrowing. 37 SECTION 5.1 Conditions to Closing and Initial Extensions of Credit 37 SECTION 5.2 Conditions to All Extensions of Credit 39 ARTICLE VI REPRESENTATIONS AND WARRANTIES OF THE BORROWER 39 SECTION 6.1 Representations and Warranties 39 SECTION 6.2 Survival of Representations and Warranties, Etc 43 ARTICLE VII FINANCIAL INFORMATION AND NOTICES 43 SECTION 7.1 Financial Statements 43 SECTION 7.2 Officer’s Compliance Certificate 44 SECTION 7.3 Other Reports 44 SECTION 7.4 Notice of Default and Other Matters 45 SECTION 7.5 Accuracy of Information 45 ARTICLE VIII AFFIRMATIVE COVENANTS 45 SECTION 8.1 Corporate Existence, Etc 46 SECTION 8.2 Maintenance of Property 46 SECTION 8.3 Insurance 46 SECTION 8.4 Books and Records 46 SECTION 8.5 Payment of Taxes and Claims 46 SECTION 8.6 Compliance With Law 46 SECTION 8.7 Visits and Inspections 46 SECTION 8.8 Use of Proceeds 46 SECTION 8.9 Further Assurances 47 SECTION 8.10 Compliance with Anti-Terrorism Laws 47 ARTICLE IX FINANCIAL COVENANTS 47 SECTION 9.1 Consolidated Leverage Ratio 47 SECTION 9.2 Consolidated Fixed Charge Coverage Ratio 47 SECTION 9.3 Priority Debt 47 ARTICLE X NEGATIVE COVENANTS 47 SECTION 10.1 Limitations on Liens 47 SECTION 10.2 Limitations on Asset Dispositions 49 SECTION 10.3 Limitations on Mergers and Liquidation 49 SECTION 10.4 Transactions with Affiliates 49 SECTION 10.5 Certain Accounting Changes; Organizational Documents 49 SECTION 10.6 Restrictive Agreements 49 SECTION 10.7 Nature of Business 50 ARTICLE XI DEFAULT AND REMEDIES 50 SECTION 11.1 Events of Default 50 SECTION 11.2 Remedies 52 SECTION 11.3 Rights and Remedies Cumulative; Non-Waiver; etc 52 SECTION 11.4 Crediting of Payments and Proceeds 53 SECTION 11.5 Administrative Agent May File Proofs of Claim 53 ARTICLE XII THE ADMINISTRATIVE AGENT 54 SECTION 12.1 Appointment and Authority 54 SECTION 12.2 Rights as a Lender 54 SECTION 12.3 Exculpatory Provisions 54 SECTION 12.4 Reliance by the Administrative Agent 55 SECTION 12.5 Delegation of Duties 55 SECTION 12.6 Resignation of Administrative Agent 55 SECTION 12.7 Non-Reliance on Administrative Agent and Other Lenders 56 SECTION 12.8 No Other Duties, etc 56 ARTICLE XIII MISCELLANEOUS 56 SECTION 13.1 Notices 56 SECTION 13.2 Amendments, Waivers and Consents 57 SECTION 13.3 Expenses; Indemnity 58 SECTION 13.4 Right of Set-off 59 SECTION 13.5 Governing Law 60 SECTION 13.6 Waiver of Jury Trial 60 SECTION 13.7 Reversal of Payments 61 SECTION 13.8 Punitive Damages 61 SECTION 13.9 Accounting Matters 6...
Closing Conditions of Closing and Borrowing. 3.1 Conditions of Initial Borrowing......................... 58 3.2
Closing Conditions of Closing and Borrowing. 45 SECTION 6.1 Closing.........................................................45 SECTION 6.2 Conditions to Closing and Initial Advances......................45 SECTION 6.3 Conditions to All Advances......................................48
