Conditions to the Initial Credit Extensions Sample Clauses


Conditions to the Initial Credit Extensions. The obligation of each L/C Issuer and each Lender to make its initial Credit Extension hereunder is subject to satisfaction or waiver of the following conditions precedent:


Conditions to the Initial Credit Extensions. The obligation of each L/C Issuer and each Lender to make its initial Credit Extension hereunder is subject to satisfaction or waiver of the conditions set forth in Section 4.01 and the following conditions precedent:

Conditions to the Initial Credit Extensions. The obligations of Lenders to make the Term Loans on the Closing Date are, in addition to the conditions precedent specified in subsection 4.2, subject to prior or concurrent satisfaction or waiver of the following conditions:C. Loan Party Documents. On or before the Closing Date, Company shall, and shall cause each other Loan Party to, deliver to Administrative Agent the following with respect 509265-1822-13506-Active.15159325.22 to Company or such Loan Party, as the case may be, each, unless otherwise noted, dated the Closing Date:(v) Copies of the Organizational Documents of such Person, certified by the Secretary of State of its jurisdiction of organization or, if such document is of a type that may not be so certified, certified by the secretary or similar Officer of the applicable Loan Party, together with a good standing certificate from the Secretary of State of its jurisdiction of organization, dated a recent date prior to the Closing Date;(vi) Resolutions of the Governing Body of such Person approving and authorizing the execution, delivery and performance of the Loan Documents to which it is a party, certified as of the Closing Date by the secretary or similar officer of such Person as being in full force and effect without modification or amendment;(vii) Signature and incumbency certificates of the Officers of such Person executing the Loan Documents to which it is a party; and(viii) Executed Loan Documents to which such Person is to be a party on the Closing Date.D. Fees. Company shall have paid to Administrative Agent the fees payable on the Closing Date referred to in subsection 2.3.E. Performance of Agreements. Company shall have delivered to Administrative Agent an Officer’s Certificate, in form and substance reasonably satisfactory to Administrative Agent, to the effect that Company shall have performed in all material respects all agreements and satisfied all conditions which this Agreement provides shall be performed or satisfied by it on or before the Closing Date.F. [Reserved.]G. Opinions of Counsel to Loan Parties. Lenders shall have received copies of one or more written opinions of Goodwin Procter LLP, counsel for the domestic Loan Parties, dated as of the Closing Date (this Agreement constituting a written request by Company to such counsel to deliver such opinions to Lenders). H. Solvency Certificate. On the Closing Date, Administrative Agent and Lenders shall have received an Officer’s Certificate from the chief financial ...