Lender Approvals definition
Examples of Lender Approvals in a sentence
The Issuer shall use commercially reasonable efforts to obtain any Senior Lender Approvals, Subordinated Debt and Preferred Equity Approvals and regulatory approvals that are required to consummate the Exchange Transaction.
Promptly upon execution and delivery of this Agreement, Brookdale shall use good faith and commercially reasonable efforts to satisfy the conditions set forth in Sections 6.1(a)(viii) and (xiv) and 6.1(b)(viii) and (ix), including promptly and timely making application for and using commercially reasonable efforts to diligently pursue and obtain all such Lender Approvals and Required Governmental Approvals.
The ISH Parties will use their best efforts to obtain the Lender Approvals as promptly as practicable and, in any event, prior to the mailing by RRF to its shareholders of the Proxy Statement.
Brookdale shall promptly deliver to HCP copies of all application(s) for all such Lender Approvals and Required Governmental Approvals and copies of any such Lender Approvals and Required Governmental Approvals issued in connection therewith (if and when obtained).
From and after the Effective Date, Brookdale shall keep HCP reasonably apprised of the status of its efforts to satisfy such conditions for the benefit of all Parties including all material communications with lenders and all Governmental Authorities and the status of obtaining the Lender Approvals and the Required Governmental Approvals.
Each of the Acquired Entities, the Shareholders and the Purchaser shall, at its expense, furnish to the Lender all information, documents and opinions required with respect to such Person by the Lender in connection with obtaining the Lender Approvals.
Except for the loan assumption or transfer fee charged by the Lender in connection with the Lender Approvals (the “Lender Assumption Fee”), each of the Purchaser, on the one hand, and the Shareholders, on the other hand, shall pay one-half of all costs and expenses of the Lender in connection with the Lender Approvals.
Paragraph 3(D)(5) of the Original Contract is modified to provide that Buyer shall have the right extend the Closing Date for a period not to exceed thirty (30) to the extent that Seller is diligently pursuing the Lender Approvals and the satisfaction of all the Lender requirements.
Promptly following the execution of this Agreement by the Waisterisk Sellers and the TAR Purchasers, the parties shall commence the process of obtaining the Lender Approvals by providing each Lender with a letter generally in the form of Exhibit N hereto or such other form as may be mutually agreed upon by the parties.
All consents, approvals, orders or authorizations of, or registrations, declarations or filings with any Person required in connection with the execution, delivery or performance hereof, including the Lender Approvals, shall have been obtained or made and shall be in full force and effect, in each case in form and substance reasonably satisfactory to the Purchaser.