Common use of Conditions Term of Agreement Clause in Contracts

Conditions Term of Agreement. 31 3.1 Conditions Precedent to the Initial Extension of Credit 31 3.2 Conditions Precedent to all Extensions of Credit 31 3.3 Maturity 32 3.4 Effect of Maturity 32 3.5 Early Termination by Borrowers 32 4. REPRESENTATIONS AND WARRANTIES. 32 4.1 Due Organization and Qualification; Subsidiaries 32 4.2 Due Authorization; No Conflict. 33 4.3 Governmental Consents 33 4.4 Binding Obligations; Perfected Liens 34 4.5 Title to Assets; No Encumbrances 34 4.6 Jurisdiction of Organization; Location of Chief Executive Office and Tangible Assets; Organizational Identification Number; Commercial Tort Claims 34 4.7 Litigation 35 4.8 Compliance with Laws 35 4.9 No Material Adverse Change 35 4.10 Solvency 35 4.11 Employee Benefits 35 4.12 Environmental Condition 35 4.13 Intellectual Property 36 4.14 Leases 36 4.15 Deposit Accounts and Securities Accounts 36 4.16 Complete Disclosure 36 4.17 Material Contracts 36 4.18 Patriot Act; etc 37 4.19 [Reserved] 37 4.20 Payment of Taxes 37 4.21 Margin Stock 37 4.22 Governmental Regulation 37 4.23 OFAC 37 4.24 Employee and Labor Matters 38 4.25 Eligible Accounts 38 4.26 Eligible Inventory 38 4.27 Locations of Inventory and Equipment 38 4.28 Inventory Records 38 4.29 Common Enterprise 38 4.30 Eligible Equipment 39 4.31 Eligible Real Property 39 4.32 Specified Equipment Lease Documents 39 5. AFFIRMATIVE COVENANTS. 39 5.1 Financial Statements, Reports, Certificates 39 5.2 Collateral Reporting 39 5.3 Existence 39 5.4 Maintenance of Properties 39 5.5 Taxes 39 5.6 Insurance 40 5.7 Inspection 40 5.8 Compliance with Laws 40 5.9 Environmental 40 5.10 Reserved 41 5.11 Formation of Subsidiaries 41 5.12 Further Assurances 42 5.13 Lender Meetings 42 5.14 Material Contracts 42 5.15 Location of Inventory and Equipment 42 6. NEGATIVE COVENANTS. 43 6.1 Indebtedness 43 6.2 Liens 43 6.3 Restrictions on Fundamental Changes. 43 6.4 Disposal of Assets 43 6.5 Change Name 44 6.6 Nature of Business 44 6.7 Certain Payments of Debt and Amendments 44 6.8 Change of Control 45 6.9 Restricted Payments 45 6.10 Accounting Methods 46 6.11 Investments; Controlled Investments 46

Conditions Term of Agreement. 31 28 3.1 Conditions Precedent to the Initial Extension of Credit 31 28 3.2 Conditions Precedent to all Extensions of Credit 31 28 3.3 Maturity 32 29 3.4 Effect of Maturity 32 29 3.5 Early Termination by Borrowers 32 29 3.6 Conditions Subsequent 29 4. REPRESENTATIONS AND WARRANTIES. 32 WARRANTIES 29 4.1 Due Organization and Qualification; Subsidiaries 32 30 4.2 Due Authorization; No Conflict. 33 Conflict 30 4.3 Governmental Consents 33 31 4.4 Binding Obligations; Perfected Liens 34 31 4.5 Title to Assets; No Encumbrances 34 31 4.6 Jurisdiction of Organization; Location of Chief Executive Office and Tangible Assets; Organizational Identification Number; Commercial Tort Claims 34 Litigation 31 4.7 Litigation 35 4.8 Compliance with Laws 35 4.9 32 4.8 No Material Adverse Change 35 Effect 32 4.9 Solvency 32 4.10 Solvency 35 4.11 Employee Benefits 35 4.12 32 4.11 Environmental Condition 35 4.13 Intellectual Property 36 4.14 Leases 36 4.15 Deposit Accounts and Securities Accounts 36 4.16 32 4.12 Complete Disclosure 36 4.17 Material Contracts 36 4.18 33 4.13 Patriot Act; etc 37 4.19 [Reserved] 37 4.20 Act 33 TABLE OF CONTENTS (continued) Page 4.14 Indebtedness 33 4.15 Payment of Taxes 37 4.21 33 4.16 Margin Stock 37 4.22 34 4.17 Governmental Regulation 37 4.23 34 4.18 OFAC 37 4.24 34 4.19 Employee and Labor Matters 38 4.25 34 4.20 Leases 34 4.21 Eligible Accounts 38 4.26 Eligible Inventory 38 4.27 Locations of Inventory and Equipment 38 4.28 Inventory Records 38 4.29 Common Enterprise 38 4.30 Eligible Equipment 39 4.31 Eligible Real Property 39 4.32 Specified Equipment Lease Documents 39 35 4.22 Health Care Matters. 35 4.23 Hedge Agreements 37 5. AFFIRMATIVE COVENANTS. 39 COVENANTS 37 5.1 Financial Statements, Reports, Certificates 39 37 5.2 Collateral Reporting 39 37 5.3 Existence 39 37 5.4 Maintenance of Properties 39 37 5.5 Taxes 39 38 5.6 Insurance 40 38 5.7 Inspection 40 38 5.8 Compliance with Laws 40 39 5.9 Environmental 40 39 5.10 Reserved 41 Disclosure Updates 39 5.11 Formation of Subsidiaries 41 39 5.12 Further Assurances 42 40 5.13 Lender Meetings 42 40 5.14 Material Contracts 42 5.15 Location of Inventory and Equipment 41 5.15 Compliance with Health Care Laws. 41 5.16 Bank Products 41 5.17 Acquisition Documentation 42 6. NEGATIVE COVENANTS. 43 COVENANTS 42 6.1 Indebtedness 43 42 6.2 Liens 43 42 6.3 Restrictions on Fundamental Changes. 43 Changes 42 6.4 Disposal of Assets 43 42 6.5 Change Name 44 6.6 Nature of Business 44 6.7 Certain Payments of Debt 43 6.6 Prepayments and Amendments 43 6.7 Restricted Payments 43 6.8 Accounting Methods 44 6.8 6.9 Investments 44 6.10 Transactions with Affiliates 44 6.11 Use of Proceeds 45 6.12 Limitation on Issuance of Equity Interests 45 7. FINANCIAL COVENANTS 45 8. EVENTS OF DEFAULT. 46 8.1 Payments 46 8.2 Covenants 46 8.3 Judgments 47 TABLE OF CONTENTS (continued) Page 8.4 Voluntary Bankruptcy, etc 47 8.5 Involuntary Bankruptcy, etc 47 8.6 Default Under Other Agreements 47 8.7 Representations, etc 47 8.8 Guaranty 47 8.9 Security Documents 47 8.10 Loan Documents 48 8.11 Change of Control 45 6.9 Restricted Payments 45 6.10 Accounting Methods 46 6.11 Investments; Controlled Investments 4648 8.12 Overpayment 48 8.13 Lockbox Instructions 48 8.14 Health Care Laws 48 8.15 AB-PCI Intercreditor Agreement 49

Conditions Term of Agreement. 31 8991 3.1 Conditions Precedent to the Initial Extension of Credit 31 8991 3.2 Conditions Precedent to all Extensions of Credit 31 8991 3.3 Maturity 32 8992 3.4 Effect of Maturity 32 8992 3.5 Early Termination by Borrowers 32 8992 4. REPRESENTATIONS AND WARRANTIES. 32 9092 4.1 Due Organization and Qualification; Subsidiaries 32 9092 4.2 Due Authorization; No Conflict. 33 Conflict 9093 4.3 Governmental Consents 33 9193 4.4 Binding Obligations; Perfected Liens 34 9194 4.5 Title to Assets; No Encumbrances 34 9194 4.6 Jurisdiction of Organization; Location of Chief Executive Office and Tangible Assets; Organizational Identification Number; Commercial Tort Claims 34 Litigation 9294 4.7 Litigation 35 4.8 Compliance with Laws 35 4.9 9294 4.8 No Material Adverse Change 35 Effect 9294 4.9 Solvency 9295 4.10 Solvency 35 4.11 Employee Benefits 35 4.12 9295 4.11 Environmental Condition 35 4.13 Intellectual Property 36 4.14 Leases 36 4.15 Deposit Accounts and Securities Accounts 36 4.16 9395 4.12 Complete Disclosure 36 4.17 Material Contracts 36 4.18 9396 4.13 Patriot Act; etc 37 4.19 [Reserved] 37 4.20 Xxx 0000 4.14 Indebtedness 9496 i 125672876_9 151541717_6 TABLE OF CONTENTS (continued) Page 4.15 Payment of Taxes 37 4.21 9496 4.16 Margin Stock 37 4.22 9497 4.17 Governmental Regulation 37 4.23 OFAC 37 4.24 9497 4.18 OFAC; Sanctions; Anti-Corruption Laws; Anti-Money Laundering Laws 9497 4.19 Employee and Labor Matters 38 4.25 9597 4.20 [Reserved] 9598 4.21 Leases 9598 4.22 Eligible Accounts 38 4.26 Accounts; Eligible Credit Card Receivables 9598 4.23 Eligible Inventory 38 4.27 Locations 9598 4.24 Eligible IP 9598 4.25 Location of Inventory and Equipment 38 4.28 9698 4.26 Inventory Records 38 9698 4.27 [Reserved] 9698 4.28 [Reserved] 9698 4.29 Common Enterprise 38 Immaterial Subsidiary 9698 4.30 Eligible Equipment 39 Hedge Agreements 9698 4.31 Eligible Real Property 39 Credit Card Arrangements 9699 4.32 Specified Equipment Lease Documents 39 Material Contracts 9699 5. AFFIRMATIVE COVENANTS. 39 9699 5.1 Financial Statements, Reports, Certificates 39 9699 5.2 Collateral Reporting 39 9799 5.3 Existence 39 97100 5.4 Maintenance of Properties 39 97100 5.5 Taxes 39 97100 5.6 Insurance 40 97100 5.7 Inspection 40 98101 5.8 Compliance with Laws 40 99101 5.9 Environmental 40 99102 5.10 Reserved 41 Disclosure Updates 99102 5.11 Formation of Subsidiaries 41 99102 5.12 Further Assurances 42 100103 5.13 Lender Meetings 42 [Reserved] 101103 5.14 Location of Inventory; Chief Executive Office 101104 5.15 Compliance with ERISA and the IRC 101104 5.16 OFAC; Sanctions; Anti-Corruption Laws; Anti-Money Laundering Laws 101104 5.17 Material Contracts 42 5.15 Location of Inventory and Equipment 42 102104 5.18 Post-Closing Obligations 102104 6. NEGATIVE COVENANTS. 43 102105 6.1 Indebtedness 43 102105 6.2 Liens 43 102105 6.3 Restrictions on Fundamental Changes. 43 Changes 102105 6.4 Disposal of Assets 43 102105 6.5 Change Name 44 6.6 Nature of Business 44 6.7 Certain Payments of Debt 103105 6.6 Prepayments and Amendments 44 6.8 Change of Control 45 6.9 103106 6.7 Restricted Payments 45 6.10 103106 6.8 Accounting Methods 46 6.11 Investments; Controlled 104107 6.9 Investments 46104107 ii 125672876_9 151541717_6

Conditions Term of Agreement. 31 3.1 Conditions 9 3.1.Conditions Precedent to the Initial Extension of Credit 31 3.2 Conditions Precedent to all Extensions of Credit 31 3.3 Maturity 32 3.4 Effect 9 3.2.[Reserved] 9 3.3.Maturity 9 3.4.Effect of Maturity 32 3.5 Early Termination by Borrowers 32 4. REPRESENTATIONS 9 3.5.[Reserved] 10 4.REPRESENTATIONS AND WARRANTIES. 32 4.1 Due 10 4.1.Due Organization and Qualification; Subsidiaries 32 4.2 Due Qualification 10 4.2.Due Authorization; No Conflict. 33 4.3 Governmental 10 4.3.Governmental Consents 33 4.4 Binding 10 4.4.Binding Obligations; Perfected Liens 34 4.5 Title 10 4.5.Title to Assets; No Encumbrances 34 4.6 Jurisdiction 11 4.6.Jurisdiction of Organization; Location of Chief Executive Office and Tangible AssetsOffice; Organizational Identification Number; Commercial Tort Claims 34 4.7 Litigation 35 4.8 Compliance Claims. 11 4.7.Litigation 11 4.8.Compliance with Laws 35 4.9 11 4.9.Historical Financial Statements; No Material Adverse Change 35 4.10 Solvency 35 4.11 Employee 11 4.10.Fraudulent Transfer. 12 4.11.Employee Benefits 35 4.12 Environmental 12 4.12.Environmental Condition 35 4.13 Intellectual 12 4.13.Intellectual Property 36 4.14 Leases 36 4.15 Deposit Accounts and Securities Accounts 36 4.16 Complete 12 i Table of Contents Page 4.14.Leases 12 4.15.Reserved 12 4.16.Complete Disclosure 36 4.17 Material Contracts 36 4.18 Patriot Act; etc 37 4.19 [Reserved] 37 4.20 Payment 12 4.17.Reserved 13 4.18.Patriot Act 13 4.19.Reserved 13 4.20.Payment of Taxes 37 4.21 Margin 13 4.21.Margin Stock 37 4.22 Governmental 13 4.22.Governmental Regulation 37 4.23 OFAC 37 4.24 Employee and Labor Matters 38 4.25 Eligible Accounts 38 4.26 Eligible Inventory 38 4.27 Locations of Inventory and Equipment 38 4.28 Inventory Records 38 4.29 Common Enterprise 38 4.30 Eligible Equipment 39 4.31 Eligible Real Property 39 4.32 Specified Equipment Lease Documents 39 5. AFFIRMATIVE 13 4.23.OFAC 13 4.24.Reserved 14 4.25.Reserved 14 4.26.Senior Indebtedness 14 5.AFFIRMATIVE COVENANTS. 39 5.1 Financial 14 0.0.Xxxxxxxxx Statements, Reports, Certificates 39 5.2 Collateral Reporting 39 5.3 Existence 39 5.4 Maintenance 14 5.2.[Reserved] 14 5.3.Existence 14 5.4.Maintenance of Properties 39 5.5 Taxes 39 5.6 Insurance 40 5.7 Inspection 40 5.8 Compliance 14 5.5.Taxes 14 0.0.Xxxxxxxxx 14 5.7.Inspection 15 5.8.Compliance with Laws 40 5.9 Environmental 40 5.10 Reserved 41 5.11 Formation 15 5.9.Environmental 15 5.10.Disclosure Updates 16 5.11.Formation of Subsidiaries 41 5.12 Further 16 5.12.Further Assurances 42 5.13 Lender Meetings 42 5.14 Material Contracts 42 5.15 Location of Inventory and Equipment 42 6. NEGATIVE 16 6.NEGATIVE COVENANTS. 43 6.1 Indebtedness 43 6.2 Liens 43 6.3 Restrictions 17 6.1.Reserved 17 6.2.Liens 17 6.3.Restrictions on Fundamental Changes. 43 6.4 Disposal 17 6.4.Disposal of Assets 43 6.5 Change 17 6.5.Change Name 44 6.6 Nature of Business 44 6.7 Certain Payments of Debt and Amendments 44 6.8 Change 17 6.6.Reserved 17 6.7.Reserved 17 6.8.Change of Control 45 6.9 Restricted Payments 45 6.10 Accounting 17 6.9.Reserved 17 6.10.Accounting Methods 46 6.11 Investments17 6.11.Reserved 17 6.12.Reserved 17 6.13.Use of Proceeds 18 0.XXXXXXXXX COVENANTS. 18 0.XXXXXX OF DEFAULT. 18 ii Table of Contents Page 9.RIGHTS AND REMEDIES. 20 9.1.Rights and Remedies 20 9.2.Remedies Cumulative 20 10.WAIVERS; Controlled Investments 46INDEMNIFICATION. 20 10.1.Demand; Protest; etc 20 10.2.The Lender Group’s Liability for Collateral 21 10.3.Indemnification 21

Conditions Term of Agreement. 31 62 3.1 Conditions Precedent to the Initial Extension of Credit 31 62 3.2 Conditions Precedent to all Extensions of Credit 31 62 3.3 Maturity 32 63 3.4 Effect of Maturity 32 63 3.5 Early Termination by Borrowers 32 [Reserved] 63 3.6 Conditions Subsequent 63 4. REPRESENTATIONS AND WARRANTIES. 32 63 4.1 Due Organization and Qualification; Subsidiaries 32 Subsidiaries. 63 4.2 Due Authorization; No Conflict. 33 64 4.3 Governmental Consents 33 64 4.4 Binding Obligations; Perfected Liens 34 Liens. 65 4.5 Title to Assets; No Encumbrances 34 65 4.6 Jurisdiction of Organization; Location of Chief Executive Office and Tangible Assets; Organizational Identification Number; Commercial Tort Claims 34 Litigation. 65 4.7 Litigation 35 4.8 Compliance with Laws 35 4.9 65 4.8 No Material Adverse Change 35 Effect 66 4.9 Solvency. 66 4.10 Solvency 35 4.11 Employee Benefits 35 4.12 66 4.11 Environmental Condition 35 4.13 Intellectual Property 36 4.14 Leases 36 4.15 Deposit Accounts and Securities Accounts 36 4.16 67 4.12 Complete Disclosure 36 67 4.13 Patriot Act 68 4.14 Payment of Taxes 68 4.15 Margin Stock 68 4.16 Governmental Regulation 68 4.17 Material Contracts 36 OFAC; Sanctions; Anti-Corruption Laws; Anti-Money Laundering Laws 68 4.18 Patriot Act; etc 37 Employee and Labor Matters 69 4.19 [Reserved] 37 69 4.20 Payment of Taxes 37 [Reserved] 69 4.21 Margin Stock 37 [Reserved] 69 4.22 Governmental Regulation 37 [Reserved] 69 4.23 OFAC 37 [Reserved] 69 4.24 Employee and Labor Matters 38 [Reserved] 69 4.25 Eligible Accounts 38 4.26 Eligible Inventory 38 4.27 Locations of Inventory and Equipment 38 4.28 Inventory Records 38 4.29 Common Enterprise 38 4.30 Eligible Equipment 39 4.31 Eligible Real Property 39 4.32 Specified Equipment Lease Documents 39 Health Care Matters. 69 5. AFFIRMATIVE COVENANTS. 39 71 5.1 Financial Statements, Reports, Certificates 39 71 5.2 Collateral Reporting 39 71 5.3 Existence 39 71 5.4 Maintenance of Properties 39 71 5.5 Taxes 39 71 5.6 Insurance 40 71 5.7 Inspection 40 72 5.8 Compliance with Laws 40 72 5.9 Environmental 40 73 5.10 Reserved 41 [Reserved]. 73 5.11 Formation of Subsidiaries 41 73 5.12 Further Assurances 42 74 5.13 Lender Meetings 42 5.14 Material Contracts 42 5.15 Location of Inventory Chief Executive Office 74 5.14 Compliance with ERISA and Equipment 42 the IRC 75 5.15 OFAC; Sanctions; Anti-Corruption Laws; Anti-Money Laundering Laws 75 5.16 Compliance with Health Care Laws. 75 6. NEGATIVE COVENANTS. 43 76 6.1 Indebtedness 43 76 6.2 Liens 43 76 6.3 Restrictions on Fundamental Changes. 43 Changes 76 6.4 Disposal of Assets 43 76 6.5 Change Name 44 6.6 Nature of Business 44 6.7 Certain Payments of Debt 77 6.6 Prepayments and Amendments 44 77 6.7 Restricted Payments 77 6.8 Accounting Methods 78 6.9 Investments 78 6.10 Transactions with Affiliates 78 6.11 Use of Proceeds 79 6.12 ABL Borrowings 79 6.13 Inconsistent Activities 79 6.14 Employee Benefits 80 6.15 Anti-Layering 80 7. [RESERVED] 81 8. EVENTS OF DEFAULT. 81 8.1 Payments 81 8.2 Covenants 81 8.3 Judgments 82 8.4 Voluntary Bankruptcy, etc 82 8.5 Involuntary Bankruptcy, etc 82 8.6 Default Under Other Agreements 82 8.7 Representations, etc 82 8.8 Guaranty 82 8.9 Security Documents 82 8.10 Loan Documents 83 8.11 ERISA 83 8.12 Change of Control 45 6.9 Restricted Payments 45 6.10 Accounting Methods 46 6.11 Investments83 8.13 Health Care Laws 83 9. RIGHTS AND REMEDIES. 83 9.1 Rights and Remedies 83 9.2 Remedies Cumulative 84 10. WAIVERS; Controlled Investments 46INDEMNIFICATION. 84 10.1 Demand; Protest; etc. 84 10.2 The Lender Group’s Liability for Xxxxxxxxxx 00 00.0 Xxxxxxxxxxxxxxx 00

Conditions Term of Agreement. 31 3.1 30 3.1. Conditions Precedent to the Initial Extension of Credit 31 3.2 30 3.2. Conditions Precedent to all Extensions of Credit 30 3.3. Maturity 31 3.3 Maturity 32 3.4 3.4. Effect of Maturity 32 3.5 31 3.5. Early Termination by Borrowers 32 31 4. REPRESENTATIONS AND WARRANTIES. 32 4.1 31 4.1. Due Organization and Qualification; Subsidiaries Subsidiaries. 32 4.2 4.2. Due Authorization; No Conflict. 33 4.3 32 4.3. Governmental Consents 33 4.4 4.4. Binding Obligations; Perfected Liens 34 4.5 Liens. 33 4.5. Title to Assets; No Encumbrances 34 4.6 33 4.6. Jurisdiction of Organization; Location of Chief Executive Office and Tangible AssetsOffice; Organizational Identification Number; Commercial Tort Claims Claims. 33 4.7. Litigation. 34 4.7 Litigation 35 4.8 4.8. Compliance with Laws 35 4.9 34 4.9. No Material Adverse Change 34 4.10. Fraudulent Transfer. 35 4.10 Solvency 35 4.11 4.11. Employee Benefits 35 4.12 4.12. Environmental Condition 35 4.13 4.13. Intellectual Property 36 4.14 35 4.14. Leases 36 4.15 35 4.15. Deposit Accounts and Securities Accounts 36 4.16 4.16. Complete Disclosure 36 4.17 4.17. Material Contracts 36 4.18 4.18. Patriot Act; etc Act 36 4.19. Indebtedness 37 4.19 [Reserved] 37 4.20 4.20. Payment of Taxes 37 4.21 4.21. Margin Stock 37 4.22 4.22. Governmental Regulation 37 4.23 4.23. OFAC 37 4.24 4.24. Employee and Labor Matters 38 4.25 4.25. Intentionally Deleted 38 4.26. Intentionally Deleted 38 4.27. Eligible Accounts 38 4.26 4.28. Eligible Inventory 38 4.27 4.29. Eligible Trademarks 39 4.30. Eligible Real Property 39 4.31. Locations of Inventory and Equipment 38 4.28 39 4.32. Inventory Records 38 4.29 Common Enterprise 38 4.30 Eligible Equipment 39 4.31 Eligible Real Property 39 4.32 Specified Equipment Lease Documents 39 5. AFFIRMATIVE COVENANTS. 39 5.1 5.1. Financial Statements, Reports, Certificates 39 5.2 5.2. Collateral Reporting 39 5.3 5.3. Existence 39 5.4 5.4. Maintenance of Properties 39 5.5 40 5.5. Taxes 39 5.6 Insurance 40 5.7 5.6. Insurance. 40 5.7. Inspection 40 5.8 41 5.8. Compliance with Laws 40 5.9 Environmental 40 5.10 Reserved 41 5.11 42 5.9. Environmental. 42 5.10. Disclosure Updates 42 5.11. Formation of Subsidiaries 41 5.12 43 5.12. Further Assurances 42 5.13 44 5.13. Lender Meetings 42 5.14 44 5.14. Material Contracts 42 5.15 44 5.15. Location of Inventory and Equipment 42 44 5.16. Bills of Lading and Other Documents of Title. 44 5.17. Assignable Material Contracts 45 5.18. Applications under Insolvency Statutes 45 5.19. Cash Management System 45 5.20. UK Bank Accounts 45 5.21. Post Closing Matters 46 6. NEGATIVE COVENANTS. 43 6.1 46 6.1. Indebtedness 43 6.2 46 6.2. Liens 43 6.3 46 6.3. Restrictions on Fundamental Changes. 43 6.4 46 6.4. Disposal of Assets 43 6.5 46 6.5. Change Name 44 6.6 47 6.6. Nature of Business 44 6.7 Certain Payments of Debt and Amendments 44 6.8 Change of Control 45 6.9 Restricted Payments 45 6.10 Accounting Methods 46 6.11 Investments; Controlled Investments 4647

Conditions Term of Agreement. 31 3.1 20 3.1. Conditions Precedent to the Initial Extension of Credit 31 3.2 20 3.2. Conditions Precedent to all Extensions of Credit 31 3.3 20 3.3. Maturity 32 3.4 21 3.4. Effect of Maturity 32 3.5 21 3.5. Early Termination by Borrowers 32 21 4. REPRESENTATIONS AND WARRANTIES. 32 4.1 21 4.1. Due Organization and Qualification; Subsidiaries 32 4.2 Qualification 22 4.2. Due Authorization; No ConflictConflict 22 4.3. 33 4.3 Governmental Consents 33 4.4 23 4.4. Binding Obligations; Perfected Liens 34 4.5 Liens. 23 4.5. Title to Assets; No Encumbrances 34 4.6 Jurisdiction 24 4.6. Litigation. 24 4.7. Compliance with Laws 24 4.8. No Material Adverse Effect 24 4.9. Reserved. 24 4.10. Employee Benefits 24 4.11. Environmental Condition 25 4.12. Complete Disclosure 25 4.13. Patriot Act 26 4.14. Reserved 26 4.15. Payment of Organization; Location Taxes 26 4.16. Margin Stock 26 4.17. Governmental Regulation 26 4.18. OFAC 27 4.19. Employee and Labor Matters 27 4.20. Reserved. 27 4.21. Reserved 27 4.22. Eligible Accounts 27 4.23. Locations of Chief Executive Office and Tangible Assets; Organizational Identification Number; Commercial Tort Claims 34 4.7 Litigation 35 4.8 Compliance with Laws 35 4.9 No Material Adverse Change 35 4.10 Solvency 35 4.11 Employee Benefits 35 4.12 Environmental Condition 35 4.13 Intellectual Property 36 4.14 Leases 36 4.15 Deposit Accounts and Securities Accounts 36 4.16 Complete Disclosure 36 4.17 Material Contracts 36 4.18 Patriot Act; etc 37 4.19 [Reserved] 37 4.20 Payment of Taxes 37 4.21 Margin Stock 37 4.22 Governmental Regulation 37 4.23 OFAC 37 4.24 Employee and Labor Matters 38 4.25 Eligible Accounts 38 4.26 Eligible Inventory 38 4.27 Locations of Inventory and Equipment 38 4.28 Inventory Records 38 4.29 Common Enterprise 38 4.30 Eligible Equipment 39 4.31 Eligible Real Property 39 4.32 Specified Equipment Lease Documents 39 28 4.24. Financing Order 28 5. AFFIRMATIVE COVENANTS. 39 5.1 28 5.1. Financial Statements, Reports, Certificates 39 5.2 Collateral 28 5.2. Reporting 39 5.3 28 5.3. Existence 39 5.4 28 5.4. Maintenance of Properties 39 5.5 29 5.5. Taxes 39 5.6 29 5.6. Insurance 40 5.7 29 5.7. Inspection 40 5.8 30 5.8. Compliance with Laws 40 5.9 30 5.9. Environmental 40 5.10 Reserved 41 5.11 Formation of Subsidiaries 41 5.12 30 5.10. Disclosure Updates 31 5.11. Further Assurances 42 5.13 Lender Meetings 42 5.14 Material Contracts 42 5.15 31 5.12. Reserved 31 5.13. Location of Inventory and Equipment 42 Chief Executive Office 31 5.14. Reserved 32 5.15. Chief Restructuring Officer 32 5.16. Sale Milestones 32 5.17. Bankruptcy Matters 32 6. NEGATIVE COVENANTS. 43 6.1 32 6.1. Indebtedness 43 6.2 32 6.2. Liens 43 6.3 32 6.3. Restrictions on Fundamental ChangesChanges 32 6.4. 43 6.4 Disposal of Assets 43 6.5 Change Name 44 6.6 32 6.5. Nature of Business 44 6.7 Certain Payments of Debt 33 6.6. Prepayments and Amendments 44 6.8 33 6.7. Restricted Payments 33 6.8. Accounting Methods 33 6.9. Investments 33 6.10. Transactions with Affiliates 34 6.11. Use of Proceeds 34 6.12. Limitation on Issuance of Equity Interests 34 6.13. Change Name 34 6.14. Reserved. 34 6.15. Financing Order 35 7. FINANCIAL COVENANTS. 35 8. EVENTS OF DEFAULT. 35 8.1. Payments 35 8.2. Covenants 36 8.3. Judgments 36 8.4. Reserved 36 8.5. Reserved 36 8.6. Reserved. 36 8.7. Representations, etc 36 8.8. Guaranty 36 8.9. Security Documents 36 8.10. Loan Documents 36 8.11. Change of Control 45 6.9 Restricted Payments 45 6.10 Accounting Methods 46 6.11 Investments; Controlled Investments 4637 8.12. Reserved 37 8.13. Reserved 37 8.14. Reserved 37 8.15. Curtailment of Business 37 8.16. Reserved 37 8.17. Reserved. 37 8.18. Reserved 37 8.19. Bankruptcy Defaults 37