Conditions Subsequent to Initial Purchase Sample Clauses

Conditions Subsequent to Initial Purchase. The Seller agreed that not later than 45 days after the date of the initial Purchase, it would deliver to the Agent, in form and substance satisfactory to the Agent:
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Conditions Subsequent to Initial Purchase. Deliver to the Agent (i) as soon as possible, and in any event within 30 days after the Closing Date (or such later date as may be agreed in writing by the Seller and the Agent), completed requests for information, dated after the Closing Date, listing the financing statements referred to in Section 3.01 (b) and (g) and all other effective financing statements filed in the jurisdictions referred to in subsection 3.01(b) and (g) that name the Seller or Maxtor as debtor or seller, together with copies of such other financing statements (none of which shall cover any Seller Assets other than Seller Assets covered by financing statements with respect to which the Agent received financing statements of the type described in Section 3. 01 (b) and (g)), and (ii) on or before April 10, 1998 (or such later date as may be agreed in writing by the Seller and the Agent), a Parent Undertaking in substantially the form of Exhibit K duly executed by Hyundai Electronics Industries Co., LTD. (which undertaking shall be released upon satisfaction of the conditions precedent referred to in Section 3.01(o), (p), (q) and (r)).
Conditions Subsequent to Initial Purchase. The Seller agreed that not later than 45 days after the date of the initial Purchase, it would deliver to the Agent, in form and substance satisfactory to the Agent: (a) Certified copies of Requests for Information or Copies (Form UCC-11) (or a similar search report certified by a party acceptable to the Agent), listing all effective financing statements (including those referred to in Section 3.01(d)) which name the Seller (under its present name and any previous name) as debtor and which are filed in the jurisdictions in which filings were made pursuant to Section 3.01(d), together with copies of such financing statements (none of which (except those filed pursuant to Section 3.01(f)) shall cover any Receivables or Contracts); and (b) Acknowledgment copies of proper Financing Statements (Form UCC-3), if any, necessary to release all security interests and other rights, except the lien, if applicable, referred to in Section 4.01(h), of any Person in the Receivables previously granted by the Seller; and (c) Acknowledgment copies of proper Financing Statements (Form UCC-1), dated a date reasonably near to the date of the initial Purchase, naming the Seller as the assignor of Receivables and CNAI, as Agent, as assignee, or other, similar instruments or documents, as may be necessary or, in the opinion of the Agent, desirable under the UCC of all appropriate jurisdictions or any comparable law to perfect the ownership interests in all Receivables in which an interest may be assigned hereunder. SECTION 3.04.

Related to Conditions Subsequent to Initial Purchase

  • Conditions Precedent to Initial Purchase The Initial Purchase under this Agreement is subject to the following conditions precedent that the Administrator shall have received on or before the date of such purchase, each in form and substance (including the date thereof) satisfactory to the Administrator:

  • Conditions Subsequent to Effectiveness As an accommodation to the Loan Parties, the Agents and the Lenders have agreed to execute this Agreement and to make the Loans on the Effective Date notwithstanding the failure by the Loan Parties to satisfy the conditions set forth below on or before the Effective Date. In consideration of such accommodation, the Loan Parties agree that, in addition to all other terms, conditions and provisions set forth in this Agreement and the other Loan Documents, including, without limitation, those conditions set forth in Section 5.01, the Loan Parties shall satisfy each of the conditions subsequent set forth below on or before the date applicable thereto (it being understood that (i) the failure by the Loan Parties to perform or cause to be performed any such condition subsequent on or before the date applicable thereto shall constitute an Event of Default and (ii) to the extent that the existence of any such condition subsequent would otherwise cause any representation, warranty or covenant in this Agreement or any other Loan Document to be breached, the Required Lenders hereby waive such breach for the period from the Effective Date until the date on which such condition subsequent is required to be fulfilled pursuant to this Section 5.03):

  • Conditions to Initial Purchasers’ Obligations The respective obligations of the Initial Purchasers hereunder are subject to the accuracy, when made and on and as of the Closing Date, of the representations and warranties of the Company and the Guarantors contained herein, to the performance by the Company and the Guarantors of their respective obligations hereunder, and to each of the following additional terms and conditions:

  • Conditions to the Initial Purchasers’ Obligations The several obligations of the Initial Purchasers to purchase and pay for the Firm Securities on the Closing Date are subject to the following conditions:

  • CONDITIONS PRECEDENT TO PURCHASER'S OBLIGATION TO CLOSE Purchaser’s obligation to purchase the Assets and to take the other actions required to be taken by Purchaser at the Closing is subject to the satisfaction, at or prior to the Closing, of each of the following conditions (any of which may be waived by Purchaser, in whole or in part, in writing):

  • Conditions Precedent to Closing Date The obligation of the Lenders to make each Loan hereunder, and the obligation of the Letter of Credit Issuer to issue Letters of Credit hereunder, in each case, on the Closing Date are subject to the satisfaction on or prior to the Closing Date of each of the following conditions:

  • Conditions Precedent to Purchase The Purchase under this Agreement is subject to the conditions precedent that (a) Buyer shall have received on or before the date of such purchase those documents listed on Schedule A and (b) all of the conditions to the initial purchase under the Purchase Agreement shall have been satisfied or waived in accordance with the terms thereof.

  • CONDITIONS PRECEDENT TO THE BUYER’S OBLIGATION TO PURCHASE The obligation of the Buyer hereunder to purchase the Note at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for the Buyer’s sole benefit and may be waived by the Buyer at any time in its sole discretion:

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