Conditions to Funding of the First Amendment Term Loan Sample Clauses

Conditions to Funding of the First Amendment Term Loan. (a) The Incremental Arranger shall have received counterparts of each of the following, each of which shall be originals or facsimiles or “pdf” files (followed promptly by originals to the extent requested by the Incremental Arranger), each properly e...
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Conditions to Funding of the First Amendment Term Loan. The obligation of each First Amendment Term Lender to make a First Amendment Term Loan hereunder on the First Amendment Closing Date during the Certain Funds Period is subject only to the satisfaction (or waiver by each First Amendment Term Lender) of the following conditions precedent in form and substance satisfactory to the Incremental Arranger (the “Conditions” and the date on which such conditions have been satisfied (or waived by each First Amendment Term Lender) and the First Amendment Term Loans have been funded to the Borrower, the “First Amendment Closing Date”), such satisfaction to be conditioned on, with respect to each condition precedent satisfied by delivery of a document, that document having been agreed in form by the Incremental Arranger prior to the date of this Amendment: The Incremental Arranger shall have received counterparts of each of the following, each of which shall be originals or facsimiles or “pdf” files (followed promptly by originals to the extent requested by the Incremental Arranger), each properly executed by a Responsible Officer of the signing Loan Party, each dated as of the First Amendment Closing Date: a Committed Loan Notice with respect to the First Amendment Term Loans; such customary documents and certifications (including Organization Documents and, if applicable, good standing certificates and, if customary, board and/or shareholder resolutions or equivalent) as the Incremental Arranger may reasonably require to evidence (A) the identity, authority and capacity of each Responsible Officer of the Loan Parties and the Offeror acting as such in connection with this Agreement and the other Loan Documents and (B) that Holdings, Intermediate Holdings, the Borrower, each Guarantor and the Offeror is duly organized or formed, and that each of them is validly existing and, to the extent applicable, in good standing, except to the extent that failure to be so qualified could not reasonably be expected to have a Material Adverse Effect; an opinion of Xxxxxxx Procter LLP, special New York counsel to Holdings, the Borrower, the Subsidiary Guarantors and, with respect to enforceability, the Offeror, addressed to each First Amendment Term Lender, in form and substance substantially consistent with the form agreed by the Incremental Arranger; a certificate of a Responsible Officer of the Borrower certifying that the conditions set forth in Sections 6(c), (d) and (e) herein have been satisfied in form and substance substantia...
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Related to Conditions to Funding of the First Amendment Term Loan

  • Conditions to Initial Extension of Credit The agreement of each Lender to make the initial extension of credit requested to be made by it is subject to the satisfaction, prior to or concurrently with the making of such extension of credit on the Closing Date, of the following conditions precedent:

  • Conditions to Effective Date It shall be a condition to the Effective Date that each of the following conditions shall have been satisfied or waived as of such date, and upon such satisfaction or waiver, this Agreement shall be effective:

  • Conditions Precedent to the Initial Extension of Credit The obligation of each Lender to make the initial extensions of credit provided for hereunder is subject to the fulfillment, to the satisfaction of Agent and each Lender, of each of the conditions precedent set forth on Schedule 3.1 (the making of such initial extensions of credit by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent).

  • CONDITIONS OF INITIAL EXTENSION OF CREDIT The obligation of Bank to extend any credit contemplated by this Agreement is subject to the fulfillment to Bank's satisfaction of all of the following conditions:

  • Conditions to Effectiveness of this Amendment This Amendment shall become effective as of the date hereof, upon the satisfaction of the conditions precedent that:

  • Conditions Precedent to Initial Extension of Credit The obligation of each Lender to make an Advance or of any Issuing Bank to issue a Letter of Credit on the occasion of the Initial Extension of Credit hereunder is subject to the satisfaction of the following conditions precedent before or concurrently with the Initial Extension of Credit:

  • Conditions to Each Extension of Credit The agreement of each Lender to make any extension of credit requested to be made by it on any date (including its initial extension of credit) is subject to the satisfaction of the following conditions precedent:

  • Conditions to Initial Extensions of Credit The agreement of each Lender to make the initial extension of credit requested to be made by it is subject to the satisfaction, immediately prior to or concurrently with the making of such extension of credit on the Closing Date, of the following conditions precedent:

  • Conditions to Initial Advance Lender shall have no obligation to make the Initial Advance of funds to Borrower unless and until Contractor has furnished Borrower and Lender the Bond permitted by this Contract, and the following conditions have been satisfied:

  • Conditions Precedent to the Effectiveness of this Amendment This Amendment shall become effective as of the date first written above when, and only when, each of the following conditions precedent shall have been satisfied or waived (the “Amendment No. 1 Effective Date”) by the Administrative Agent:

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