CONDITIONS AND SECURITY Sample Clauses

CONDITIONS AND SECURITY. 2.1 Company agrees to furnish Bank, prior to the borrowing hereunder, in form to be satisfactory to Bank, with (i) an opinion of Company's legal counsel; (ii) certified copies of resolutions of the Board of Directors of Company evidencing approval of the borrowings hereunder, (iii) certified copies of Company's Articles of Incorporation and Bylaws, and (iv) a certificate of good standing from the State of Company's incorporation and from each jurisdiction in which it is required to be qualified to do business.
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CONDITIONS AND SECURITY. 4.1 Borrower shall have executed and delivered to Bank, or caused to have been executed and delivered to the Bank, this Agreement, the Note(s) and all other applicable Loan Documents (including all schedules, exhibits, certificates, opinions, financial statements and other documents to be delivered pursuant hereto), and the Note(s) and other applicable Loan Documents (when executed and delivered to Bank) shall be in full force and effect and binding and enforceable obligations of Borrower and any other persons who may be parties thereto, except to the extent limited by applicable bankruptcy, insolvency or other insolvency laws.
CONDITIONS AND SECURITY. 6.1 Company agrees to furnish Bank prior to the initial borrowing under this Agreement, in form and substance to be satisfactory to Bank, with (i) certified copies of the Articles of Incorporation and Bylaws of Company; (ii) certified copies of resolutions of the board of directors of Company evidencing approval of the borrowings and transactions contemplated hereunder; (iii) a certificate of good standing from the state of Company's incorporation and from the state(s) in which Company is required to be qualified to do business; (iv) an opinion of counsel to Company in form satisfactory to Bank; and (v) such other documents and instruments as Bank may reasonably require.
CONDITIONS AND SECURITY. 6.1 Companies agree to furnish Bank, prior to the initial borrowing hereunder, in form to be satisfactory to Bank, with (i) an opinion of Companies' counsel with respect to the legal matters referred to in Sections 6.1 through 6.3 hereof and such other matters reasonably requested by Bank; (ii) certified copies of resolutions of the Board of Directors of each of the Companies evidencing approval of the borrowings hereunder, (iii) certified copies of each of the Companies' Articles of Incorporation and Bylaws, and (iv) a certificate of good standing from each jurisdiction in which any Company conducts business or in which any Company's activities require it to be qualified to do business.
CONDITIONS AND SECURITY. 33 3.1 Effectiveness . . . . . . . . . . . . . . . . . . . . . . 33 3.2

Related to CONDITIONS AND SECURITY

  • Conditions to All Parties’ Obligations Notwithstanding any other provision of this Agreement to the contrary, the obligations of each of the parties to this Agreement to consummate the transactions described herein shall be conditioned upon the satisfaction of each of the following conditions precedent on or prior to the Closing Date:

  • Conditions to Obligations OF EACH PARTY TO EFFECT THE MERGER. The respective obligations of each party to this Agreement to effect the Merger shall be subject to the satisfaction at or prior to the Closing Date of the following conditions:

  • Conditions to Obligations of Parent The obligation of Parent to effect the Merger is further subject to satisfaction or waiver of the following conditions:

  • Conditions of Leave The Town Board will specify the duration of an unpaid leave of absence and to impose such other terms, conditions and restrictions on the employee as the Town Board, in its discretion, deems appropriate.

  • Conditions to Loan Section 3.1 Conditions to Funding of the Loan on the Closing Date......................................... 33

  • Conditions and Covenants All of the provisions of this Lease shall be deemed as running with the land, and construed to be “conditions” as well as “covenants” as though the words specifically expressing or imparting covenants and conditions were used in each separate provision.

  • CONDITIONS OF SALE 1. RESERVE PRICE AND BIDDING AT AUCTION

  • Satisfaction of Conditions The conditions precedent set out in Section 6.1, Section 6.2 and Section 6.3 shall be conclusively deemed to have been satisfied, waived or released at the Effective Time.

  • Conditions to Obligation of the Buyer The obligation of the Buyer to consummate the transactions to be performed by it in connection with the Closing is subject to satisfaction of the following conditions:

  • Conditions to Obligation of Each Party to Effect the Merger. The respective obligations of each party to effect the Merger shall be subject to the satisfaction at or prior to the Effective Time of the following conditions:

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