Common use of Closing Date Conditions Precedent Clause in Contracts

Closing Date Conditions Precedent. The effectiveness of this Agreement and the obligations of the parties hereto are subject to the conditions precedent that the Administrative Agent shall have received or waived receipt of the following on or prior to the Closing Date (unless otherwise noted): (a) a copy of this Agreement and each of the other Transaction Documents identified on the closing list attached as Exhibit C (Closing List) hereto, in each case duly executed by each party thereto, and each other item identified on such closing list; (b) for each Credit Party, a list of such Credit Party’s officers who are authorized to act on behalf of such Credit Party pursuant to the Transaction Documents, together with incumbency signatures therefor, duly certified by the secretary or assistant secretary of such Credit Party; (c) a copy of the resolutions or consents of the board of directors or other governing body of each Credit Party authorizing the transactions contemplated hereby, certified by the secretary or assistant secretary of such Credit Party, as applicable; (d) evidence that the Collection Account has been established; (e) financing statements on Form UCC1 or amendments thereto naming the Borrower as debtor and the Administrative Agent as secured party in proper form for filing in the office in which the filings are necessary or, in the reasonable opinion of the Administrative Agent, desirable under the UCC or any comparable law of all appropriate jurisdictions to perfect the security interest of the Administrative Agent granted in Section 1.03 (