Closing Conditions of Closing and Advances Sample Clauses

Closing Conditions of Closing and Advances. AND EXPEDITED ADVANCES 60 Section 3.1 Conditions to Closing and Initial Advances 60 Section 3.2 Conditions Precedent to All Advances and Expedited Advances 61 ARTICLE IV REPRESENTATIONS AND WARRANTIES 63 Section 4.1 Representations and Warranties of the Borrower 63 Section 4.2 Representations and Warranties of the Borrower Relating to the Agreement and the Loans 71 Section 4.3 Breach of Certain Representations and Warranties 72 ARTICLE V GENERAL COVENANTS OF THE BORROWER 73 Section 5.1 Covenants of the Borrower 73 Section 5.2 Hedging Agreement 78 Section 5.3 Delivery of Loan Files 79 ARTICLE VI PERFECTION OF TRANSFER AND PROTECTION OF SECURITY INTERESTS 79 Section 6.1 Custody of Transferred Loans 79 Section 6.2 Filing 80 Section 6.3 Changes in Name, Corporate Structure or Location 80 Section 6.4 Chief Executive Office 80 Section 6.5 Costs and Expenses 80 Section 6.6 Sale Treatment 81 ARTICLE VII ADMINISTRATION AND SERVICING OF LOANS 81 Section 7.1 Appointment of the Servicer 81 Section 7.2 Duties and Responsibilities of the Servicer 81 Section 7.3 Authorization of the Servicer 83 Section 7.4 Collection of Payments 83 Section 7.5 Servicer Advances 85 Section 7.6 Realization Upon Defaulted Loans or Charged-Off Loans 85 Section 7.7 Maintenance of Insurance Policies 86 Section 7.8 Representations and Warranties of the Servicer 86 Section 7.9 Covenants of the Servicer 88 Section 7.10 The Collateral Custodian 90 Section 7.11 Representations and Warranties of the Collateral Custodian 94 Section 7.12 Covenants of the Collateral Custodian 95 Section 7.13 The Backup Servicer 95 Section 7.14 Representations and Warranties of the Backup Servicer 98 Section 7.15 Covenants of the Backup Servicer 99 Section 7.16 Payment of Certain Expenses by the Servicer and the Borrower 99 Section 7.17 Reports 100 Section 7.18 Annual Statement as to Compliance 100 Section 7.19 Annual Independent Public Accountant’s Servicing Reports 101 Section 7.20 Limitation on Liability of the Servicer and Others 101 Section 7.21 The Servicer, the Backup Servicer and the Collateral Custodian Not to Resign 101 Section 7.22 Access to Certain Documentation and Information Regarding the Loans 102 Section 7.23 [Reserved] 102 Section 7.24 Identification of Records 102 Section 7.25 Servicer Termination Events 102 Section 7.26 Appointment of Successor Servicer 104 Section 7.27 Market Servicing Fee 105 ARTICLE VIII SECURITY INTEREST 106 Section 8.1 Grant of Security Interest 106 Section 8.2 Release of Lien o...
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Closing Conditions of Closing and Advances. 39 SECTION 3.1
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Closing Conditions of Closing and Advances 
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Related to Closing Conditions of Closing and Advances

  • 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

  • Conditions of Closing and Borrowing Section 5.1 Closing......................................................31 Section 5.2 Conditions to Closing and Initial Extensions of Credit.......31 Section 5.3 Conditions to All Loans......................................33

  • Conditions of Closing The Closing shall be held at the offices of the Investor or its counsel. The obligations of the Placement Agent hereunder shall be subject to the continuing accuracy of the representations and warranties of the Company and the Investor herein as of the date hereof and as of the Date of Closing (the "Closing Date") with respect to the Company or the Investor, as the case may be, as if it had been made on and as of such Closing Date; the accuracy on and as of the Closing Date of the statements of the officers of the Company made pursuant to the provisions hereof; and the performance by the Company and the Investor on and as of the Closing Date of its covenants and obligations hereunder and to the following further conditions:

  • Closing Conditions (a) The obligations of the Company hereunder in connection with the Closing are subject to the following conditions being met:

  • Conditions of the Purchasers’ Obligations at Closing The obligations of each Purchaser to the Company under this Agreement are subject to the fulfillment, on or before the Closing, of each of the following conditions, unless otherwise waived:

  • Conditions to Obligations of Buyer and Seller The obligations of Buyer and Seller to consummate the Closing are subject to the satisfaction of the following conditions:

  • CONDITIONS PRECEDENT TO OBLIGATIONS OF SELLERS The obligations of Sellers to consummate the transactions contemplated by this Agreement are subject to the fulfillment, prior to or on the Closing Date, of each of the following conditions (any or all of which may be waived by Sellers in whole or in part to the extent permitted by applicable Law):

  • CONDITIONS PRECEDENT TO OBLIGATIONS OF THE BUYER The obligations of the Buyer under this Agreement shall be subject to the satisfaction, at or prior to the Closing Date, of all of the following conditions, any one or more of which may be waived by the Buyer:

  • CONDITIONS PRECEDENT TO OBLIGATIONS OF SELLER The obligations of Seller to consummate the transactions contemplated by this Agreement are subject to the fulfillment, prior to or on the Closing Date, of each of the following conditions (any or all of which may be waived by Seller in whole or in part to the extent permitted by applicable Law):

  • Closing Conditions to Closing The Lender will not be obligated to make the initial Loans or to obtain any Letters of Credit on the Closing Date, unless the following conditions precedent have been satisfied in a manner satisfactory to Lender:

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