Conditions Subsequent Sample Clauses

Conditions Subsequent. The Borrower undertakes as soon as possible (but in any event within 10 days of the Effective Date) to deliver to the Facility Agent copies of the financing statements (Form UCC-1 or the equivalent) and the search results (Form UCC-11) prepared, filed and/or obtained by the Borrower’s counsel, ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇ LLP, to the extent required, in connection with the restatement of the Original Credit Agreement pursuant to this Agreement.

Conditions Subsequent. Any of the conditions referred to in Clause 3.4 (Conditions subsequent) is not satisfied within the time reasonably required by the Agent.

Conditions Subsequent. The obligation of the Lender Group (or any member thereof) to continue to make Advances (or otherwise extend credit hereunder) is subject to the fulfillment, on or before the date applicable thereto, of the conditions subsequent set forth on Schedule 3.6 (the failure by Borrower to so perform or cause to be performed such conditions subsequent as and when required by the terms thereof, shall constitute an Event of Default).

Conditions Subsequent. (A) The Issuer shall have submitted to the Debenture Trustee, in a form and manner satisfactory to the Debenture Trustee, the following: (i) resolution of the board or a committee thereof for allotment and issue of the letter of allotment on the Deemed Date of Allotment; (ii) Certified true copy of evidence certified by its company secretary with respect to the tax dues / liabilities of the Issuer as shown on the online portal of the income tax department. (B) The Issuer shall maintain a complete record of all private placement offers made by it in relation to the Debentures in form PAS–5 as provided in Companies (Prospectus and Allotment of Securities) Rules, 2014. (C) The Issuer shall file a return of allotment of the Debentures with the Registrar of Companies within 4 (four) Business Days from the Issue Closing Date or such shorter timeline as prescribed under Law, in Form PAS-3 as provided in Companies (Prospectus and Allotment of Securities) Rules, 2014 along with a complete list of Debenture Holders and containing such details as required under Law. (D) The Issuer shall complete the process of listing the Debentures in accordance with the provisions of Section 2.8 of this Deed and provide confirmation of listing of the Debentures to the Debenture Trustee and file the Information Memorandum with the Stock Exchange within timelines as prescribed under Law and shall have submitted all other documents and made all filings with the Stock Exchange as required by, and within the timelines as stipulated by, Stock Exchange or any other Applicable Law. (E) The Issuer shall be in compliance with all Applicable Laws with respect to issuance of the Debentures including but not limited to the SEBI Regulations. The Issuer shall have made all filings of all the relevant forms with the concerned Registrar of Companies in accordance with, and within the timelines prescribed under, Applicable Laws or within time period if any stated in the Debenture Documents, whichever is shorter; (F) The Issuer shall have validly created and perfected the Security, required to be created and perfected within the time period as stipulated in Section 4. The Issuer shall have provided evidence of creation and perfection of Security to the satisfaction of the Debenture Trustee, including the permissions required under Section 281 of the Income Tax Act, 1961, filings of Form CHG-9 and Form CHG-1 with the relevant Registrar of Companies, and any other documents required to create and/or pe...

Conditions Subsequent. Within 45 days after the Initial Extension of Credit (or, upon the request of the Borrower, such later date as the Administrative Agent shall approve in its reasonable discretion (such approval not to be unreasonably withheld or delayed) so long as the Borrower shall have used commercially reasonable efforts to satisfy the conditions set forth below within such 45-day period), furnish to the Administrative Agent Deeds of trust, trust deeds and mortgages in substantially the form of Exhibit G hereto (with such changes as may be satisfactory to the Administrative Agent and its counsel to account for local law matters) and covering the properties listed on Schedule 4.01(w) to the Disclosure Letter (together with the Assignments of Leases and Rents referred to therein and each other mortgage delivered pursuant to Section 5.01(j), in each case as amended, the “Mortgages”), duly executed by the appropriate Loan Party, together with: (i) evidence that counterparts of the Mortgages have been either (x) duly recorded on or before the Effective Date or (y) duly executed, acknowledged and delivered in form suitable for filing or recording, in all filing or recording offices that the Administrative Agent may deem necessary or desirable in order to create a valid and subsisting Lien having the required priority on the property described therein in favor of the Collateral Agent for the benefit of the Secured Parties and that all filing and recording taxes and fees have been paid, (ii) fully paid American Land Title Association Lender’s Extended Coverage title insurance policies (the “Mortgage Policies”) in form and substance, with endorsements and in amount acceptable to the Administrative Agent, issued, coinsured and reinsured by title insurers acceptable to the Administrative Agent, insuring the Mortgages to be valid first and subsisting Liens on the property described therein, free and clear of all defects and encumbrances, excepting only Permitted Liens and other Liens created or permitted by the Loan Documents, and providing for such other affirmative insurance (including endorsements for future advances under the Loan Documents and for mechanics’ and materialmen’s Liens) and such coinsurance and direct access reinsurance as the Administrative Agent may deem necessary or desirable, and with respect to any property located in a state in which a zoning endorsement is not available, a zoning compliance letter from the applicable municipality or a zoning report from Pl...

Conditions Subsequent. Any of the conditions referred to in Clause 3.5 is not satisfied within the time reasonably required by the Lender.

Conditions Subsequent. 1 Evidence of Borrower’s title Certificate of ownership and encumbrance (or equivalent) issued by the Registrar of Ships (or equivalent official) of the flag stated in Recital (A) confirming that (a) the Vessel is permanently registered under that flag in the ownership of the Borrower, (b) the Mortgage has been registered with first priority against the Vessel and (c) there are no further Encumbrances registered against the Vessel.

Conditions Subsequent. The obligation of Lender to continue to make Advances (or otherwise extend credit hereunder) is subject to the fulfillment, on or before the date applicable thereto, of the conditions subsequent set forth on Exhibit C (the failure by any Borrower or any other Loan Party to so perform or cause to be performed such conditions subsequent as and when required by the terms thereof, shall constitute an Event of Default).

Conditions Subsequent. The waivers set forth in Section 1 hereof and the amendments set forth in Section 2 hereof shall cease to be effective unless the Offering shall have been consummated on or before May 30, 1997 and the following shall have occurred on or before the date on which the Offering is consummated: (a) the Lender shall have received payment in full in cash of (i) all Obligations then due and payable under the Parent Loan Agreement, (ii) Indebtedness in the principal amount of $2,000,000 under the RCL Loan Agreement and (iii) at least $2,000,000 in principal amount of the Revolving Loan (as defined in the Opco Credit Agreement); (b) the Preferred Stockholder shall have received payment in full in cash of all Obligations then due and payable under the PIK Dividend Note Agreement and the Notes (as defined in the PIK Dividend Note Agreement); (c) the Restated Certificate of Incorporation and the Merger Agreement shall have been filed with the Secretary of State of the State of Delaware, and the Merger shall be effective; and (d) the Lender shall have received the following documents, each in form and substance satisfactory to the Lender and its counsel: (i) an opinion of O'Melveny & ▇▇▇▇▇ LLP, counsel to Parent, Opco and KTI, with respect to the Merger, the Recapitalization, the Offering and this Waiver. (ii) a reaffirmation and assumption of the Loan Documents and the Opco Loan Documents (as amended hereby) executed by KTI; (iii) a revised Schedule 5.01-D to each of the Parent Loan Agreement and the Opco Credit Agreement; and (iv) a certificate of the Secretary of KTI certifying the names and true signatures of the incumbent officers of KTI authorized to sign the Loan Documents and the Opco Loan Documents.