Examples of Second Borrowing Date in a sentence
On the Second Borrowing Date, the Lender shall have received an opinion, addressed to the Lender and dated the Second Borrowing Date, from Sidley & Austin, special counsel to the Borrower, covering the creation and perfection of the security interests under the Security Documents, which opinion shall be in form and substance satisfactory to the Lender.
No Default or Event of Default shall have occurred and be continuing on the Second Borrowing Date both before and after giving effect to the Second Borrowing to be made on such date.
Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make Advances to the Borrower on the Closing Date and on the Second Borrowing Date, in an aggregate amount not to exceed such Lender’s Commitment.
Lender shall have received an opinion, in form and substance satisfactory to Lender, with respect to whether Xxxxxxxx is solvent, both immediately before the Second Borrowing Date and after giving effect to the Loan and the other transactions contemplated hereby and by the Amended and Restated Loan Agreement.
On the Second Borrowing Date, the Administrative Agent shall have received a certificate dated such date signed by an appropriate officer of the Borrower stating that all of the applicable conditions set forth in Sections 5.24, 5.25, 5.26 and 5.33 exist as of such date.