{"component": "clause", "props": {"groups": [{"size": 47, "snippet": "The Lenders shall not be required to make the initial Advance hereunder unless the Borrower has made payment to the Administrative Agent for the account of the Lenders in immediately available funds the upfront fees payable under Section 2.4 and the Borrower has furnished to the Administrative Agent with sufficient copies for the Lenders:\n(i) Copies of the restated articles or certificate of incorporation of the Borrower, together with all amendments, and a certificate of good standing, each certified by the appropriate governmental officer in its jurisdiction of incorporation, as well as any other information required by Section 326 of the USA Patriot Act or necessary for the Administrative Agent or any Lender to verify the identity of Borrower as required by Section 326 of the USA Patriot Act.\n(ii) Copies, certified by the Secretary or Assistant Secretary of the Borrower, of its by-laws and of its Board of Directors\u2019 resolutions and of resolutions or actions of any other body authorizing the execution of the Loan Documents to which the Borrower is a party.\n(iii) An incumbency certificate, executed by the Secretary or Assistant Secretary of the Borrower, which shall identify by name and title and bear the signatures of the Authorized Officers and any other officers of the Borrower authorized to sign the Loan Documents to which the Borrower is a party, upon which certificate the Administrative Agent and the Lenders shall be entitled to rely until informed of any change in writing by the Borrower.\n(iv) A certificate, signed by the chief financial officer or treasurer of the Borrower, stating that on the date of the initial Advance no Default or Unmatured Default has occurred and is continuing.\n(v) A written opinion of the Borrower\u2019s counsel, addressed to the Lenders in substantially the form of Exhibit A.\n(vi) Any Note requested by a Lender pursuant to Section 2.10 payable to the order of such requesting Lender.\n(vii) Evidence satisfactory to the Administrative Agent of any required governmental approvals or consents regarding this Agreement.\n(viii) Such other documents as any Lender or its counsel may have reasonably requested.", "snippet_links": [{"key": "the-initial-advance", "type": "clause", "offset": [42, 61]}, {"key": "payment-to-the", "type": "clause", "offset": [101, 115]}, {"key": "the-account", "type": "clause", "offset": [141, 152]}, {"key": "immediately-available-funds", "type": "clause", "offset": [171, 198]}, {"key": "fees-payable", "type": "definition", "offset": [211, 223]}, {"key": "section-24", "type": "definition", "offset": [230, 241]}, {"key": "sufficient-copies", "type": "definition", "offset": [306, 323]}, {"key": "copies-of-the", "type": "clause", "offset": [345, 358]}, {"key": "restated-articles", "type": "clause", "offset": [359, 376]}, {"key": "of-the-borrower", "type": "clause", "offset": [409, 424]}, {"key": "a-certificate-of-good-standing", "type": "clause", "offset": [460, 490]}, {"key": "certified-by", "type": "definition", "offset": [497, 509]}, {"key": "jurisdiction-of-incorporation", "type": "clause", "offset": [554, 583]}, {"key": "information-required", "type": "clause", "offset": [606, 626]}, {"key": "section-326-of-the-usa-patriot-act", "type": "clause", "offset": [630, 664]}, {"key": "necessary-for", "type": "definition", "offset": [668, 681]}, {"key": "to-verify", "type": "definition", "offset": [721, 730]}, {"key": "as-required-by", "type": "clause", "offset": [756, 770]}, {"key": "secretary-or-assistant-secretary", "type": "clause", "offset": [837, 869]}, {"key": "board-of-directors", "type": "definition", "offset": [913, 931]}, {"key": "the-loan-documents", "type": "clause", "offset": [1022, 1040]}, {"key": "a-party", "type": "clause", "offset": [1066, 1073]}, {"key": "an-incumbency-certificate", "type": "clause", "offset": [1081, 1106]}, {"key": "executed-by", "type": "definition", "offset": [1108, 1119]}, {"key": "name-and-title", "type": "definition", "offset": [1198, 1212]}, {"key": "authorized-officers", "type": "clause", "offset": [1244, 1263]}, {"key": "officers-of-the", "type": "clause", "offset": [1278, 1293]}, {"key": "authorized-to-sign", "type": "clause", "offset": [1303, 1321]}, {"key": "the-administrative-agent-and-the-lenders", "type": "clause", "offset": [1398, 1438]}, {"key": "entitled-to-rely", "type": "clause", "offset": [1448, 1464]}, {"key": "in-writing", "type": "clause", "offset": [1494, 1504]}, {"key": "by-the-borrower", "type": "clause", "offset": [1505, 1520]}, {"key": "chief-financial-officer-or-treasurer", "type": "clause", "offset": [1556, 1592]}, {"key": "date-of", "type": "clause", "offset": [1630, 1637]}, {"key": "no-default-or-unmatured-default", "type": "clause", "offset": [1658, 1689]}, {"key": "written-opinion", "type": "clause", "offset": [1728, 1743]}, {"key": "addressed-to", "type": "definition", "offset": [1771, 1783]}, {"key": "form-of", "type": "clause", "offset": [1817, 1824]}, {"key": "requested-by", "type": "definition", "offset": [1850, 1862]}, {"key": "a-lender", "type": "definition", "offset": [1863, 1871]}, {"key": "pursuant-to-section", "type": "definition", "offset": [1872, 1891]}, {"key": "payable-to", "type": "definition", "offset": [1897, 1907]}, {"key": "order-of", "type": "clause", "offset": [1912, 1920]}, {"key": "requesting-lender", "type": "definition", "offset": [1926, 1943]}, {"key": "approvals-or-consents", "type": "clause", "offset": [2030, 2051]}, {"key": "regarding-this-agreement", "type": "clause", "offset": [2052, 2076]}, {"key": "other-documents", "type": "clause", "offset": [2090, 2105]}], "samples": [{"hash": "dUyR6b8HVDR", "uri": "/contracts/dUyR6b8HVDR#initial-advance", "label": "Credit Agreement (Mge Energy Inc)", "score": 19.0, "published": true}], "hash": "274d1605862f2acec2dd545b31e9c9dc", "id": 3}, {"size": 27, "snippet": "At or prior to the making of the initial extension of credit hereunder, the following conditions precedent shall also have been satisfied:\n(a) the Agent shall have received the following for the account of the Lenders (each to be properly executed and completed) and the same shall have been approved as to form and substance by the Agent:\n(i) the Revolving Notes;\n(ii) the Swing Note;\n(iii) the Security Agreements;\n(iv) the Guaranty Agreement;\n(v) UCC Financing Statements to be filed against the Company and each Subsidiary, as debtor, in favor of the Agent, as secured party;\n(vi) the Agent shall have received evidence of insurance required to be maintained under the Loan Documents, naming the Agent as loss payee;\n(vii) copies (executed or certified, as may be appropriate) of all legal documents or proceedings taken in connection with the execution and delivery of this Agreement and the other Loan Documents to the extent the Agent or its counsel may reasonably request; and\n(viii) an incumbency certificate containing the name, title and genuine signatures of each of the Company's Authorized Representatives.\n(b) the Agent and the Lenders shall have received the initial fees (if any) called for hereby;\n(c) the Agent shall have received a Y2K Questionnaire in form and substance acceptable to the Agent duly completed by the Company;\n(d) each Lender shall have received such evaluations and certifications as it may reasonably require (including a Borrowing Base Certificate in the form attached hereto as Exhibit F, containing calculations of the Borrowing Base and compliance calculations of the financial covenants as of the date of this Agreement) in order to satisfy itself as to the value of the Collateral, the financial condition of the Company and its Subsidiaries, and the lack of material contingent liabilities of the Company and its Subsidiaries;\n(e) the Agent shall have received financing statement, tax and judgment lien search results against the Property of the Company and each Subsidiary evidencing the absence of Liens on its Property except as permitted by Section 8.8 hereof;\n(f) the Agent shall have received pay-off and lien release letters from secured creditors of the Company and each Subsidiary setting forth, among other things, the total amount of indebtedness outstanding and owing to them (or outstanding letters of credit issued for the account of the Company or any Subsidiary) and containing an undertaking to cause to be delivered to the Agent UCC termination statements and any other lien release instruments necessary to release their Liens on the assets of the Company and each Subsidiary, which pay-off and lien release letters shall be in form and substance acceptable to the Agent;\n(g) the Agent shall have received such assurances as it may reasonably require in order to satisfy itself the Company and its Subsidiaries are current in the payment of their rent expense;\n(h) legal matters incident to the execution and delivery of this Agreement and the other Loan Documents and to the transactions contemplated hereby shall be satisfactory to each Lender and its counsel; and the Agent shall have received for the account of the Lenders the written opinion of counsel for the Company in form and substance satisfactory to the Lender and its counsel; and\n(i) the Agent shall have received for the account of the Lenders such other agreements, instruments, documents, certificates and opinions as the Agent or the Lenders may reasonably request.", "snippet_links": [{"key": "prior-to-the", "type": "clause", "offset": [6, 18]}, {"key": "initial-extension-of-credit", "type": "clause", "offset": [33, 60]}, {"key": "conditions-precedent", "type": "definition", "offset": [86, 106]}, {"key": "the-agent-shall", "type": "clause", "offset": [143, 158]}, {"key": "the-account", "type": "clause", "offset": [191, 202]}, {"key": "properly-executed", "type": "definition", "offset": [230, 247]}, {"key": "form-and-substance", "type": "clause", "offset": [307, 325]}, {"key": "by-the-agent", "type": "clause", "offset": [326, 338]}, {"key": "the-revolving-notes", "type": "clause", "offset": [344, 363]}, {"key": "swing-note", "type": "definition", "offset": [374, 384]}, {"key": "the-security-agreements", "type": "clause", "offset": [392, 415]}, {"key": "the-guaranty-agreement", "type": "clause", "offset": [422, 444]}, {"key": "ucc-financing-statements", "type": "clause", "offset": [450, 474]}, {"key": "in-favor-of", "type": "clause", "offset": [539, 550]}, {"key": "secured-party", "type": "definition", "offset": [565, 578]}, {"key": "evidence-of-insurance-required", "type": "clause", "offset": [615, 645]}, {"key": "the-loan-documents", "type": "clause", "offset": [669, 687]}, {"key": "the-agent-as", "type": "definition", "offset": [696, 708]}, {"key": "loss-payee", "type": "definition", "offset": [709, 719]}, {"key": "legal-documents", "type": "definition", "offset": [788, 803]}, {"key": "in-connection-with", "type": "clause", "offset": [825, 843]}, {"key": "agreement-and-the-other-loan-documents", "type": "clause", "offset": [879, 917]}, {"key": "to-the-extent", "type": "clause", "offset": [918, 931]}, {"key": "reasonably-request", "type": "definition", "offset": [961, 979]}, {"key": "an-incumbency-certificate", "type": "clause", "offset": [992, 1017]}, {"key": "authorized-representatives", "type": "definition", "offset": [1093, 1119]}, {"key": "the-agent-and-the-lenders", "type": "clause", "offset": [1125, 1150]}, {"key": "initial-fees", "type": "clause", "offset": [1175, 1187]}, {"key": "by-the-company", "type": "clause", "offset": [1331, 1345]}, {"key": "each-lender", "type": "clause", "offset": [1351, 1362]}, {"key": "borrowing-base-certificate", "type": "definition", "offset": [1461, 1487]}, {"key": "exhibit-f", "type": "definition", "offset": [1519, 1528]}, {"key": "compliance-calculations", "type": "clause", "offset": [1580, 1603]}, {"key": "financial-covenants", "type": "clause", "offset": [1611, 1630]}, {"key": "date-of-this-agreement", "type": "clause", "offset": [1641, 1663]}, {"key": "in-order-to", "type": "clause", "offset": [1665, 1676]}, {"key": "value-of-the-collateral", "type": "clause", "offset": [1702, 1725]}, {"key": "the-company-and-its-subsidiaries", "type": "clause", "offset": [1754, 1786]}, {"key": "lack-of", "type": "clause", "offset": [1796, 1803]}, {"key": "liabilities-of-the-company", "type": "clause", "offset": [1824, 1850]}, {"key": "lien-search-results", "type": "clause", "offset": [1945, 1964]}, {"key": "property-of-the-company", "type": "clause", "offset": [1977, 2000]}, {"key": "absence-of-liens", "type": "clause", "offset": [2036, 2052]}, {"key": "section-88", "type": "clause", "offset": [2092, 2103]}, {"key": "lien-release-letters", "type": "clause", "offset": [2158, 2178]}, {"key": "creditors-of-the-company", "type": "clause", "offset": [2192, 2216]}, {"key": "indebtedness-outstanding", "type": "clause", "offset": [2292, 2316]}, {"key": "outstanding-letters-of-credit", "type": "definition", "offset": [2339, 2368]}, {"key": "ucc-termination-statements", "type": "clause", "offset": [2494, 2520]}, {"key": "release-instruments", "type": "definition", "offset": [2540, 2559]}, {"key": "assets-of-the-company", "type": "clause", "offset": [2600, 2621]}, {"key": "payment-of", "type": "definition", "offset": [2896, 2906]}, {"key": "rent-expense", "type": "definition", "offset": [2913, 2925]}, {"key": "legal-matters", "type": "definition", "offset": [2931, 2944]}, {"key": "incident-to", "type": "definition", "offset": [2945, 2956]}, {"key": "contemplated-hereby", "type": "clause", "offset": [3055, 3074]}, {"key": "company-in", "type": "clause", "offset": [3233, 3243]}, {"key": "other-agreements", "type": "definition", "offset": [3381, 3397]}, {"key": "certificates-and-opinions", "type": "clause", "offset": [3423, 3448]}], "samples": [{"hash": "ckYc2ioGsgl", "uri": "/contracts/ckYc2ioGsgl#initial-advance", "label": "Credit Agreement (Anicom Inc)", "score": 18.0, "published": true}], "hash": "8825e99043dd2dfc8104e26a18564e11", "id": 6}, {"size": 269, "snippet": "Borrower shall have delivered to Lender each of the following, in form and substance satisfactory to Lender (the date on which each of the following shall have been so delivered is referred to herein as the \u201cEffective Date\u201d):\n(a) executed originals of the Loan Documents and all other documents and instruments reasonably required by Lender to effectuate the transactions contemplated hereby or to create and perfect the Liens of Lender with respect to all Collateral, in all cases in form and substance reasonably acceptable to Lender;\n(b) certified copy of resolutions of Borrower\u2019s board of directors evidencing approval of (i) the Loan and other transactions evidenced by the Loan Documents; and (ii) the Warrant and transactions evidenced thereby;\n(c) certified copies of the Certificate of Incorporation and the Bylaws, as amended through the Closing Date, of Borrower;\n(d) a certificate of good standing for Borrower from its state of incorporation and similar certificates from all other jurisdictions in which it does business and where the failure to be qualified would have a Material Adverse Effect;\n(e) a certificate of incumbency as to each officer of Borrower who is authorized to execute the Loan Documents, the Warrant, and all other documents and instruments to be delivered pursuant to the Loan Documents and the Warrant on behalf of Borrower, including, without limitation, the chief financial officer of Borrower;\n(f) payment of the Facility Charge and reimbursement of Lender\u2019s current expenses reimbursable pursuant to this Agreement, which amounts may be deducted from the initial Advance;\n(g) Landlord Consents or Bailee Agreements, as applicable, for the premises where the Financed Equipment will, upon completion of transit, be located; provided, that up to $3,750,000 of the initial Advance may be used for the purchase of International Based Financed Equipment without delivering to Lender, prior to the disbursement of such Advance, any Landlord Consents in respect of the premises in the continental United States where such International Based Financed Equipment may be located temporarily, so long as (i) prior to the disbursement of such Advance, one or more Bailee Agreements, as applicable, are delivered in respect of the foreign premises where such International Based Financed Equipment will be located upon completion of transit, and (ii) within 90 days of the Effective Date (or any subsequent Advance Date with respect to any International Based Financed Equipment not financed on the Effective Date), such International Based Financed Equipment is relocated to such foreign premises;\n(h) a Consent Letter from each Incumbent Lender;\n(i) a Release Letter from each Incumbent Lender with respect to the Financed Equipment purchased with the proceeds of the initial Advance; and\n(j) such other documents as Lender may reasonably request.", "snippet_links": [{"key": "borrower-shall", "type": "clause", "offset": [0, 14]}, {"key": "to-lender", "type": "definition", "offset": [30, 39]}, {"key": "form-and-substance", "type": "clause", "offset": [66, 84]}, {"key": "executed-originals", "type": "clause", "offset": [230, 248]}, {"key": "other-documents-and-instruments", "type": "clause", "offset": [279, 310]}, {"key": "by-lender", "type": "definition", "offset": [331, 340]}, {"key": "contemplated-hereby", "type": "clause", "offset": [372, 391]}, {"key": "the-liens", "type": "clause", "offset": [417, 426]}, {"key": "with-respect-to", "type": "clause", "offset": [437, 452]}, {"key": "in-all-cases", "type": "clause", "offset": [469, 481]}, {"key": "resolutions-of-borrower", "type": "clause", "offset": [559, 582]}, {"key": "board-of-directors", "type": "definition", "offset": [585, 603]}, {"key": "approval-of", "type": "definition", "offset": [615, 626]}, {"key": "other-transactions", "type": "clause", "offset": [644, 662]}, {"key": "the-warrant", "type": "clause", "offset": [705, 716]}, {"key": "certificate-of-incorporation-and", "type": "clause", "offset": [781, 813]}, {"key": "the-bylaws", "type": "clause", "offset": [814, 824]}, {"key": "as-amended", "type": "definition", "offset": [826, 836]}, {"key": "the-closing-date", "type": "clause", "offset": [845, 861]}, {"key": "a-certificate-of-good-standing", "type": "clause", "offset": [880, 910]}, {"key": "state-of-incorporation", "type": "clause", "offset": [933, 955]}, {"key": "all-other-jurisdictions", "type": "clause", "offset": [986, 1009]}, {"key": "failure-to", "type": "clause", "offset": [1050, 1060]}, {"key": "material-adverse-effect", "type": "definition", "offset": [1087, 1110]}, {"key": "certificate-of-incumbency", "type": "clause", "offset": [1118, 1143]}, {"key": "pursuant-to-the-loan-documents", "type": "clause", "offset": [1293, 1323]}, {"key": "on-behalf-of", "type": "definition", "offset": [1340, 1352]}, {"key": "without-limitation", "type": "clause", "offset": [1374, 1392]}, {"key": "the-chief-financial-officer", "type": "definition", "offset": [1394, 1421]}, {"key": "facility-charge", "type": "clause", "offset": [1454, 1469]}, {"key": "reimbursement-of-lender", "type": "clause", "offset": [1474, 1497]}, {"key": "expenses-reimbursable", "type": "clause", "offset": [1508, 1529]}, {"key": "pursuant-to-this-agreement", "type": "clause", "offset": [1530, 1556]}, {"key": "the-initial-advance", "type": "clause", "offset": [1593, 1612]}, {"key": "landlord-consents", "type": "definition", "offset": [1618, 1635]}, {"key": "bailee-agreements", "type": "clause", "offset": [1639, 1656]}, {"key": "for-the-premises", "type": "clause", "offset": [1673, 1689]}, {"key": "completion-of", "type": "clause", "offset": [1730, 1743]}, {"key": "purchase-of", "type": "clause", "offset": [1840, 1851]}, {"key": "international-based-financed-equipment", "type": "definition", "offset": [1852, 1890]}, {"key": "prior-to-the", "type": "clause", "offset": [1921, 1933]}, {"key": "in-respect-of", "type": "clause", "offset": [1986, 1999]}, {"key": "in-the-continental-united-states", "type": "definition", "offset": [2013, 2045]}, {"key": "subsequent-advance-date", "type": "definition", "offset": [2425, 2448]}, {"key": "on-the-effective-date", "type": "clause", "offset": [2521, 2542]}, {"key": "consent-letter", "type": "definition", "offset": [2634, 2648]}, {"key": "release-letter", "type": "definition", "offset": [2683, 2697]}, {"key": "equipment-purchased", "type": "clause", "offset": [2754, 2773]}, {"key": "lender-may", "type": "definition", "offset": [2848, 2858]}, {"key": "reasonably-request", "type": "definition", "offset": [2859, 2877]}], "samples": [{"hash": "8RQVnT5XBA4", "uri": "/contracts/8RQVnT5XBA4#initial-advance", "label": "Loan and Security Agreement", "score": 31.3408622742, "published": true}, {"hash": "C2tDCt3NgP", "uri": "/contracts/C2tDCt3NgP#initial-advance", "label": "Loan and Security Agreement (Enphase Energy, Inc.)", "score": 23.0835037231, "published": true}, {"hash": "cn3FdB3Xs0", "uri": "/contracts/cn3FdB3Xs0#initial-advance", "label": "Loan and Security Agreement (Enphase Energy, Inc.)", "score": 22.8891162872, "published": true}], "hash": "e1e724632129fbbb3f9a96f7360a78be", "id": 1}, {"size": 82, "snippet": "On or prior to the Closing Date, Borrower shall have delivered to Lender the following:\n(a) executed originals of the Loan Documents, Account Control Agreements, a legal opinion of Borrower\u2019s counsel, and all other documents and instruments reasonably required by Lender to effectuate the transactions contemplated hereby or to create and perfect the Liens of Lender with respect to all Collateral, in all cases in form and substance reasonably acceptable to Lender;\n(b) certified copy of resolutions of Borrower\u2019s board of directors evidencing approval of (i) the Loan and other transactions evidenced by the Loan Documents; and (ii) the Warrant and transactions evidenced thereby;\n(c) certified copies of the Certificate of Incorporation and the Bylaws, as amended through the Closing Date, of Borrower;\n(d) a certificate of good standing for Borrower from its state of incorporation and similar certificates from all other jurisdictions in which it does business and where the failure to be qualified would have a Material Adverse Effect;\n(e) payment of the Facility Charge and reimbursement of Lender\u2019s current expenses reimbursable pursuant to this Agreement, which amounts may be deducted from the initial Advance; and\n(f) such other documents as Lender may reasonably request.", "snippet_links": [{"key": "prior-to-the-closing-date", "type": "clause", "offset": [6, 31]}, {"key": "borrower-shall", "type": "clause", "offset": [33, 47]}, {"key": "to-lender", "type": "definition", "offset": [63, 72]}, {"key": "executed-originals", "type": "clause", "offset": [92, 110]}, {"key": "the-loan-documents", "type": "clause", "offset": [114, 132]}, {"key": "account-control-agreements", "type": "clause", "offset": [134, 160]}, {"key": "opinion-of-borrower", "type": "definition", "offset": [170, 189]}, {"key": "other-documents-and-instruments", "type": "clause", "offset": [209, 240]}, {"key": "by-lender", "type": "definition", "offset": [261, 270]}, {"key": "contemplated-hereby", "type": "clause", "offset": [302, 321]}, {"key": "the-liens", "type": "clause", "offset": [347, 356]}, {"key": "with-respect-to", "type": "clause", "offset": [367, 382]}, {"key": "in-all-cases", "type": "clause", "offset": [399, 411]}, {"key": "form-and-substance", "type": "clause", "offset": [415, 433]}, {"key": "resolutions-of-borrower", "type": "clause", "offset": [489, 512]}, {"key": "board-of-directors", "type": "definition", "offset": [515, 533]}, {"key": "approval-of", "type": "definition", "offset": [545, 556]}, {"key": "other-transactions", "type": "clause", "offset": [574, 592]}, {"key": "the-warrant", "type": "clause", "offset": [635, 646]}, {"key": "certificate-of-incorporation-and", "type": "clause", "offset": [711, 743]}, {"key": "the-bylaws", "type": "clause", "offset": [744, 754]}, {"key": "as-amended", "type": "definition", "offset": [756, 766]}, {"key": "a-certificate-of-good-standing", "type": "clause", "offset": [810, 840]}, {"key": "state-of-incorporation", "type": "clause", "offset": [863, 885]}, {"key": "all-other-jurisdictions", "type": "clause", "offset": [916, 939]}, {"key": "failure-to", "type": "clause", "offset": [980, 990]}, {"key": "material-adverse-effect", "type": "definition", "offset": [1017, 1040]}, {"key": "facility-charge", "type": "clause", "offset": [1061, 1076]}, {"key": "reimbursement-of-lender", "type": "clause", "offset": [1081, 1104]}, {"key": "expenses-reimbursable", "type": "clause", "offset": [1115, 1136]}, {"key": "pursuant-to-this-agreement", "type": "clause", "offset": [1137, 1163]}, {"key": "the-initial-advance", "type": "clause", "offset": [1200, 1219]}, {"key": "lender-may", "type": "definition", "offset": [1253, 1263]}, {"key": "reasonably-request", "type": "definition", "offset": [1264, 1282]}], "samples": [{"hash": "lftHxOiJ6rG", "uri": "/contracts/lftHxOiJ6rG#initial-advance", "label": "Loan and Security Agreement (Concert Pharmaceuticals, Inc.)", "score": 26.1635856628, "published": true}, {"hash": "lJKIAyJhQI8", "uri": "/contracts/lJKIAyJhQI8#initial-advance", "label": "Loan and Security Agreement (Dicerna Pharmaceuticals Inc)", "score": 25.0739212036, "published": true}, {"hash": "fhVZD6EWoq7", "uri": "/contracts/fhVZD6EWoq7#initial-advance", "label": "Loan and Security Agreement (Concert Pharmaceuticals, Inc.)", "score": 25.0328540802, "published": true}], "hash": "482cbe42f52f48ae2c977b6dcb62df19", "id": 2}, {"size": 34, "snippet": "The obligation of the Lender to make its initial Advance hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Advance, of the following conditions precedent:", "snippet_links": [{"key": "the-lender", "type": "clause", "offset": [18, 28]}, {"key": "subject-to-the", "type": "definition", "offset": [70, 84]}, {"key": "prior-to-or-concurrently-with-the", "type": "clause", "offset": [111, 144]}, {"key": "conditions-precedent", "type": "definition", "offset": [186, 206]}], "samples": [{"hash": "jQKoD4V3in6", "uri": "/contracts/jQKoD4V3in6#initial-advance", "label": "Master Loan and Security Agreement (Aames Investment Corp)", "score": 21.0, "published": true}, {"hash": "iYG7RoxxzDH", "uri": "/contracts/iYG7RoxxzDH#initial-advance", "label": "Warehouse Loan and Security Agreement (Aames Financial Corp/De)", "score": 21.0, "published": true}, {"hash": "edaQUlx3kL5", "uri": "/contracts/edaQUlx3kL5#initial-advance", "label": "Master Loan and Security Agreement (Fleetwood Enterprises Inc/De/)", "score": 21.0, "published": true}], "hash": "dcad2862cfaab06a6350902e2f5adf49", "id": 4}, {"size": 31, "snippet": "The Lenders shall not be required to make the initial Advance hereunder unless, and the Closing Date shall occur when, the Borrower has furnished to the Agent:\n(a) A joinder agreement executed by Cash America and its Domestic Subsidiaries to the extent required under Section 6.20, together with an updated Schedule 1 reflecting the addition of such Subsidiary.\n(b) Copies of the articles or certificate of incorporation of each Loan Party, together with all amendments, and a certificate of good standing, each certified by the appropriate governmental officer in such Loan Party\u2019s jurisdiction of incorporation.\n(c) For each Loan Party, copies of its by-laws and of its Board of Directors\u2019 resolutions and of resolutions or actions of any other body authorizing the execution of the Loan Documents to which such Loan Party is a party.\n(d) An incumbency certificate, executed by the Secretary or Assistant Secretary of each Loan Party, which shall identify by name and title and bear the signatures of the Authorized Officers and any other officers of such Loan Party authorized to sign the Loan Documents to which such Loan Party is a party, upon which certificate the Agent and the Lenders shall be entitled to rely until informed of any change in writing by such Loan Party.\n(e) If applicable and requested by the Agent, (a) written money transfer instructions and (b) an account designation letter in substantially the form of Exhibit D, in each case, addressed to the Agent and signed by an Authorized Officer.\n(f) Original certificates of good standing, existence or its equivalent with respect to each Loan Party certified as of a recent date by the appropriate Governmental Authorities of the state of incorporation or organization and each other state in which the failure to so qualify and be in good standing could reasonably be expected to have a Material Adverse Effect.\n(g) An opinion or opinions (including, if requested by the Agent, opinions of in-house counsel) of counsel for the Loan Parties which are included in the Aggregate Revenue Threshold, dated the date hereof and addressed to the Agent and the Lenders, in form and substance reasonably acceptable to the Agent (which shall include, without limitation, opinions with respect to the due organization and valid existence of each such Loan Party and opinions as to the non-contravention of such Loan Parties\u2019 organizational documents).\n(h) A certificate, in form and substance reasonably satisfactory to the Agent, executed by an Authorized Officer of the Borrower as of the Closing Date stating that the Merger has been consummated in accordance with the Merger Agreement as in effect on April 28, 2016, without (i) any waiver of any condition set forth in the Merger Agreement, and (ii) the occurrence of any event, circumstance, default or breach of a representation that affords the Borrower or its affiliates the ability to terminate the Merger Agreement or their respective obligations thereunder pursuant to the Merger Agreement, in each case to the extent any such waiver or the occurrence of any such event, circumstance, default or breach of a representation is materially adverse to the interests of the Lenders. The Agent shall have received a copy, certified by an officer of the Borrower as true and correct, of the Merger Agreement and all other material documentation with respect to the Merger as originally executed and delivered, together with all exhibits and schedules thereto.\n(i) A Borrowing Notice with respect to the Loans to be made on the Closing Date.\n(j) Evidence that all of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (including Cash America) (other than Indebtedness permitted hereunder) shall be repaid in full and all security interests related thereto shall be terminated on or prior to the Closing Date.\n(k) Evidence that since December 31, 2015, there shall have been no material adverse effect on the business, assets, financial condition or results of operations of (i) the Borrower and its Subsidiaries, taken as a whole, or (ii) Cash America and its Subsidiaries, taken as a whole.\n(l) Evidence that all governmental and third party consents required in connection with the Transactions have been obtained (without material qualification or condition) and are in full force and effect as of the Closing Date.\n(m) Copies of the financial statements referred to in Section 5.4.\n(n) A certificate, in form and substance reasonably satisfactory to the Agent, executed by an Authorized Officer of the Borrower as of the Closing Date stating that, after giving effect to the consummation of the Merger, the Borrower is in pro forma compliance with each of the financial covenants set forth in Section 6.19 (as evidenced through detailed calculations of such financial covenants on a schedule to such certificate) for the twelve-month period ended as of the most recent month end prior to the Closing Date for which financial statements are available.\n(o) At least five (5) days prior to the Closing Date, documentation and other information requested by the Agent in order to comply with requirements of the PATRIOT Act, applicable \u201cknow your customer\u201d and anti-money laundering rules and regulations.\n(p) The Agent and the Lenders shall have received all fees and expenses, if any, owing pursuant to this Agreement and the other Loan Documents.", "snippet_links": [{"key": "the-initial-advance", "type": "clause", "offset": [42, 61]}, {"key": "executed-by", "type": "definition", "offset": [184, 195]}, {"key": "cash-america", "type": "definition", "offset": [196, 208]}, {"key": "domestic-subsidiaries", "type": "definition", "offset": [217, 238]}, {"key": "to-the-extent", "type": "clause", "offset": [239, 252]}, {"key": "updated-schedule-1", "type": "clause", "offset": [299, 317]}, {"key": "addition-of", "type": "clause", "offset": [333, 344]}, {"key": "the-articles", "type": "clause", "offset": [376, 388]}, {"key": "incorporation-of", "type": "clause", "offset": [407, 423]}, {"key": "each-loan-party", "type": "definition", "offset": [424, 439]}, {"key": "a-certificate-of-good-standing", "type": "clause", "offset": [475, 505]}, {"key": "certified-by", "type": "definition", "offset": [512, 524]}, {"key": "jurisdiction-of-incorporation", "type": "clause", "offset": [583, 612]}, {"key": "board-of-directors", "type": "definition", "offset": [672, 690]}, {"key": "the-loan-documents", "type": "clause", "offset": [781, 799]}, {"key": "a-party", "type": "clause", "offset": [828, 835]}, {"key": "an-incumbency-certificate", "type": "clause", "offset": [841, 866]}, {"key": "secretary-or-assistant-secretary", "type": "clause", "offset": [884, 916]}, {"key": "name-and-title", "type": "definition", "offset": [961, 975]}, {"key": "authorized-officers", "type": "clause", "offset": [1007, 1026]}, {"key": "other-officers", "type": "definition", "offset": [1035, 1049]}, {"key": "authorized-to-sign", "type": "clause", "offset": [1069, 1087]}, {"key": "the-agent-and-the-lenders", "type": "clause", "offset": [1167, 1192]}, {"key": "entitled-to-rely", "type": "clause", "offset": [1202, 1218]}, {"key": "in-writing", "type": "clause", "offset": [1248, 1258]}, {"key": "if-applicable", "type": "clause", "offset": [1283, 1296]}, {"key": "by-the-agent", "type": "clause", "offset": [1311, 1323]}, {"key": "money-transfer-instructions", "type": "clause", "offset": [1337, 1364]}, {"key": "account-designation-letter", "type": "clause", "offset": [1376, 1402]}, {"key": "form-of", "type": "clause", "offset": [1424, 1431]}, {"key": "exhibit-d", "type": "clause", "offset": [1432, 1441]}, {"key": "each-case", "type": "definition", "offset": [1446, 1455]}, {"key": "addressed-to", "type": "definition", "offset": [1457, 1469]}, {"key": "signed-by", "type": "clause", "offset": [1484, 1493]}, {"key": "certificates-of-good-standing", "type": "clause", "offset": [1530, 1559]}, {"key": "with-respect-to", "type": "clause", "offset": [1589, 1604]}, {"key": "governmental-authorities", "type": "definition", "offset": [1670, 1694]}, {"key": "state-of-incorporation", "type": "clause", "offset": [1702, 1724]}, {"key": "other-state", "type": "definition", "offset": [1750, 1761]}, {"key": "failure-to", "type": "clause", "offset": [1775, 1785]}, {"key": "in-good-standing", "type": "definition", "offset": [1804, 1820]}, {"key": "could-reasonably-be-expected-to", "type": "definition", "offset": [1821, 1852]}, {"key": "an-opinion", "type": "clause", "offset": [1889, 1899]}, {"key": "house-counsel", "type": "clause", "offset": [1966, 1979]}, {"key": "the-loan-parties", "type": "definition", "offset": [1996, 2012]}, {"key": "aggregate-revenue-threshold", "type": "definition", "offset": [2039, 2066]}, {"key": "date-hereof", "type": "clause", "offset": [2078, 2089]}, {"key": "form-and-substance", "type": "clause", "offset": [2137, 2155]}, {"key": "without-limitation", "type": "clause", "offset": [2213, 2231]}, {"key": "due-organization-and-valid-existence", "type": "clause", "offset": [2262, 2298]}, {"key": "the-non", "type": "clause", "offset": [2342, 2349]}, {"key": "organizational-documents", "type": "clause", "offset": [2386, 2410]}, {"key": "authorized-officer-of-the-borrower", "type": "definition", "offset": [2507, 2541]}, {"key": "as-of-the-closing-date", "type": "clause", "offset": [2542, 2564]}, {"key": "in-accordance-with", "type": "definition", "offset": [2610, 2628]}, {"key": "in-effect", "type": "definition", "offset": [2653, 2662]}, {"key": "on-april", "type": "clause", "offset": [2663, 2671]}, {"key": "waiver-of", "type": "clause", "offset": [2698, 2707]}, {"key": "breach-of", "type": "clause", "offset": [2820, 2829]}, {"key": "ability-to-terminate", "type": "clause", "offset": [2895, 2915]}, {"key": "agreement-or", "type": "definition", "offset": [2927, 2939]}, {"key": "respective-obligations", "type": "clause", "offset": [2946, 2968]}, {"key": "pursuant-to-the-merger-agreement", "type": "clause", "offset": [2980, 3012]}, {"key": "materially-adverse", "type": "definition", "offset": [3149, 3167]}, {"key": "the-interests", "type": "clause", "offset": [3171, 3184]}, {"key": "the-agent-shall", "type": "clause", "offset": [3201, 3216]}, {"key": "an-officer", "type": "clause", "offset": [3252, 3262]}, {"key": "true-and-correct", "type": "clause", "offset": [3282, 3298]}, {"key": "other-material", "type": "clause", "offset": [3332, 3346]}, {"key": "executed-and-delivered", "type": "clause", "offset": [3402, 3424]}, {"key": "exhibits-and-schedules", "type": "definition", "offset": [3444, 3466]}, {"key": "borrowing-notice", "type": "definition", "offset": [3482, 3498]}, {"key": "loans-to", "type": "clause", "offset": [3519, 3527]}, {"key": "indebtedness-for-borrowed-money", "type": "definition", "offset": [3595, 3626]}, {"key": "borrower-and-its-subsidiaries", "type": "definition", "offset": [3634, 3663]}, {"key": "repaid-in-full", "type": "definition", "offset": [3744, 3758]}, {"key": "security-interests", "type": "definition", "offset": [3767, 3785]}, {"key": "prior-to-the-closing-date", "type": "clause", "offset": [3828, 3853]}, {"key": "since-december", "type": "clause", "offset": [3873, 3887]}, {"key": "material-adverse-effect-on-the-business", "type": "definition", "offset": [3923, 3962]}, {"key": "financial-condition", "type": "definition", "offset": [3972, 3991]}, {"key": "results-of-operations", "type": "definition", "offset": [3995, 4016]}, {"key": "taken-as-a-whole", "type": "clause", "offset": [4059, 4075]}, {"key": "consents-required", "type": "definition", "offset": [4189, 4206]}, {"key": "in-connection-with", "type": "clause", "offset": [4207, 4225]}, {"key": "the-transactions", "type": "clause", "offset": [4226, 4242]}, {"key": "full-force-and-effect", "type": "clause", "offset": [4319, 4340]}, {"key": "the-financial-statements", "type": "clause", "offset": [4379, 4403]}, {"key": "section-54", "type": "clause", "offset": [4419, 4430]}, {"key": "after-giving", "type": "clause", "offset": [4598, 4610]}, {"key": "consummation-of-the-merger", "type": "clause", "offset": [4625, 4651]}, {"key": "compliance-with", "type": "clause", "offset": [4682, 4697]}, {"key": "financial-covenants", "type": "clause", "offset": [4710, 4729]}, {"key": "detailed-calculations", "type": "clause", "offset": [4778, 4799]}, {"key": "schedule-to", "type": "definition", "offset": [4833, 4844]}, {"key": "most-recent-month-end", "type": "definition", "offset": [4907, 4928]}, {"key": "days-prior", "type": "definition", "offset": [5023, 5033]}, {"key": "other-information-requested", "type": "clause", "offset": [5073, 5100]}, {"key": "the-patriot-act", "type": "clause", "offset": [5154, 5169]}, {"key": "know-your-customer", "type": "clause", "offset": [5183, 5201]}, {"key": "rules-and-regulations", "type": "definition", "offset": [5229, 5250]}, {"key": "fees-and-expenses", "type": "clause", "offset": [5306, 5323]}, {"key": "agreement-and-the-other-loan-documents", "type": "clause", "offset": [5356, 5394]}], "samples": [{"hash": "jnHuSMtv8eg", "uri": "/contracts/jnHuSMtv8eg#initial-advance", "label": "Credit Agreement (FirstCash Holdings, Inc.)", "score": 35.6036949158, "published": true}, {"hash": "kq6tzJjEDNl", "uri": "/contracts/kq6tzJjEDNl#initial-advance", "label": "Credit Agreement (FirstCash Holdings, Inc.)", "score": 33.6625595093, "published": true}, {"hash": "88ARmjIgmEL", "uri": "/contracts/88ARmjIgmEL#initial-advance", "label": "Credit Agreement (Firstcash, Inc)", "score": 32.9479789734, "published": true}], "hash": "1cc9082cf1d34fc3d8590ee77adda192", "id": 5}, {"size": 26, "snippet": "At or prior to the making of the initial extension of credit hereunder, the following conditions precedent shall also have been satisfied:\n(a) the Bank shall have received the following (each to be properly executed and completed) and the same shall have been approved as to form and substance by the Bank:\n(i) the Note;\n(ii) copies of resolutions of the Board of Directors or other appropriate body of the Company authorizing the execution and delivery of the Loan Documents to which it is a party, certified by the Secretary or Assistant Secretary of the Company and of all other legal documents or proceedings taken in connection with the execution and delivery of this Agreement and the other Loan Documents to the extent the Bank or its counsel may reasonably request;\n(iii) an incumbency certificate containing the name, title and genuine signatures of each of the Company's Authorized Representatives; and\n(iv) certified copies of the articles of incorporation or charter and bylaws of the Company;\n(b) the Bank shall have received the initial fees called for hereby;\n(c) the Bank shall have received such valuations and certifications as it may reasonably require in order to satisfy itself as to, the financial condition of the Company and its Subsidiaries, and the lack of material contingent liabilities of the Company and its Subsidiaries;\n(d) legal matters incident to the execution and delivery of this Agreement and the other Loan Documents and to the transactions contemplated hereby shall be reasonably satisfactory to the Bank and its counsel; and the Bank shall have received the favorable written opinion of counsel for the Company in form and substance reasonably satisfactory to the Bank and its counsel;\n(e) the Bank shall have received a good standing certificate for the Company (dated as of the date no earlier than thirty (30) days prior to the date hereof) from the office of the secretary of state of the state of its incorporation and each state in which it is qualified to do business as a foreign corporation; and", "snippet_links": [{"key": "prior-to-the", "type": "clause", "offset": [6, 18]}, {"key": "initial-extension-of-credit", "type": "clause", "offset": [33, 60]}, {"key": "conditions-precedent", "type": "definition", "offset": [86, 106]}, {"key": "the-bank-shall", "type": "clause", "offset": [143, 157]}, {"key": "properly-executed", "type": "definition", "offset": [198, 215]}, {"key": "form-and-substance", "type": "clause", "offset": [275, 293]}, {"key": "by-the-bank", "type": "clause", "offset": [294, 305]}, {"key": "the-note", "type": "clause", "offset": [311, 319]}, {"key": "resolutions-of-the-board-of-directors", "type": "clause", "offset": [336, 373]}, {"key": "appropriate-body", "type": "definition", "offset": [383, 399]}, {"key": "the-execution", "type": "clause", "offset": [427, 440]}, {"key": "delivery-of-the-loan-documents", "type": "clause", "offset": [445, 475]}, {"key": "a-party", "type": "clause", "offset": [491, 498]}, {"key": "certified-by", "type": "definition", "offset": [500, 512]}, {"key": "secretary-of-the-company", "type": "clause", "offset": [540, 564]}, {"key": "legal-documents", "type": "definition", "offset": [582, 597]}, {"key": "in-connection-with", "type": "clause", "offset": [619, 637]}, {"key": "agreement-and-the-other-loan-documents", "type": "clause", "offset": [673, 711]}, {"key": "to-the-extent", "type": "clause", "offset": [712, 725]}, {"key": "reasonably-request", "type": "definition", "offset": [754, 772]}, {"key": "an-incumbency-certificate", "type": "clause", "offset": [780, 805]}, {"key": "authorized-representatives", "type": "definition", "offset": [881, 907]}, {"key": "bylaws-of-the-company", "type": "clause", "offset": [983, 1004]}, {"key": "initial-fees", "type": "clause", "offset": [1043, 1055]}, {"key": "in-order-to", "type": "clause", "offset": [1172, 1183]}, {"key": "the-company-and-its-subsidiaries", "type": "clause", "offset": [1233, 1265]}, {"key": "lack-of", "type": "clause", "offset": [1275, 1282]}, {"key": "liabilities-of-the-company", "type": "clause", "offset": [1303, 1329]}, {"key": "legal-matters", "type": "definition", "offset": [1356, 1369]}, {"key": "incident-to", "type": "definition", "offset": [1370, 1381]}, {"key": "contemplated-hereby", "type": "clause", "offset": [1480, 1499]}, {"key": "to-the-bank", "type": "clause", "offset": [1533, 1544]}, {"key": "company-in", "type": "clause", "offset": [1644, 1654]}, {"key": "good-standing-certificate", "type": "clause", "offset": [1762, 1787]}, {"key": "dated-as-of", "type": "definition", "offset": [1805, 1816]}, {"key": "date-no", "type": "clause", "offset": [1821, 1828]}, {"key": "days-prior", "type": "definition", "offset": [1854, 1864]}, {"key": "date-hereof", "type": "clause", "offset": [1872, 1883]}, {"key": "state-of", "type": "definition", "offset": [1921, 1929]}, {"key": "the-state", "type": "clause", "offset": [1930, 1939]}, {"key": "qualified-to-do-business", "type": "clause", "offset": [1991, 2015]}, {"key": "foreign-corporation", "type": "definition", "offset": [2021, 2040]}], "samples": [{"hash": "ifeNBi2hclW", "uri": "/contracts/ifeNBi2hclW#initial-advance", "label": "Revolving Credit Agreement (Newport Corp)", "score": 18.0, "published": true}, {"hash": "iJeycZoVDhm", "uri": "/contracts/iJeycZoVDhm#initial-advance", "label": "Credit Agreement (Newport Corp)", "score": 18.0, "published": true}, {"hash": "WmSZSf4oaK", "uri": "/contracts/WmSZSf4oaK#initial-advance", "label": "Revolving Credit Agreement (Newport Corp)", "score": 18.0, "published": true}], "hash": "3eaca5c79bb8468190d2f9a37bec1d9a", "id": 7}, {"size": 20, "snippet": "On or prior to the Closing Date, Borrower delivered to Agent the following:\n(a) executed copies of the Loan Documents (other than the Warrant issued as of the Closing Date, which was an an original), Account Control Agreements, a customary legal opinion of Borrower\u2019s counsel, and all other documents and instruments reasonably required by Agent to effectuate the transactions contemplated hereby or to create and perfect the Liens of Agent with respect to all Collateral, in all cases in form and substance reasonably acceptable to Agent;\n(b) certified copy of resolutions of Borrower\u2019s board of directors evidencing approval of (i) the Loan and other transactions evidenced by the Loan Documents; and (ii) the Warrant and transactions evidenced thereby;\n(c) certified copies of the Certificate of Incorporation and the Bylaws, as amended through the Closing Date, of Borrower;\n(d) a certificate of good standing for Borrower from its state of incorporation and similar certificates from all other jurisdictions in which it does business and where the failure to be qualified could have a Material Adverse Effect;\n(e) payment of the Closing Date Facility Charge and reimbursement of Agent\u2019s and Lender\u2019s current expenses reimbursable pursuant to this Agreement, which amounts may be deducted from the initial Advance;\n(f) all certificates of insurance and copies of each insurance policy required hereunder; and\n(g) such other documents as Agent may reasonably request.", "snippet_links": [{"key": "prior-to-the-closing-date", "type": "clause", "offset": [6, 31]}, {"key": "copies-of-the-loan-documents", "type": "clause", "offset": [89, 117]}, {"key": "the-warrant", "type": "clause", "offset": [130, 141]}, {"key": "as-of-the-closing-date", "type": "clause", "offset": [149, 171]}, {"key": "account-control-agreements", "type": "clause", "offset": [200, 226]}, {"key": "opinion-of-borrower", "type": "definition", "offset": [246, 265]}, {"key": "other-documents-and-instruments", "type": "clause", "offset": [285, 316]}, {"key": "by-agent", "type": "clause", "offset": [337, 345]}, {"key": "contemplated-hereby", "type": "clause", "offset": [377, 396]}, {"key": "the-liens", "type": "clause", "offset": [422, 431]}, {"key": "with-respect-to", "type": "clause", "offset": [441, 456]}, {"key": "in-all-cases", "type": "clause", "offset": [473, 485]}, {"key": "form-and-substance", "type": "clause", "offset": [489, 507]}, {"key": "resolutions-of-borrower", "type": "clause", "offset": [562, 585]}, {"key": "board-of-directors", "type": "definition", "offset": [588, 606]}, {"key": "approval-of", "type": "definition", "offset": [618, 629]}, {"key": "other-transactions", "type": "clause", "offset": [647, 665]}, {"key": "certified-copies", "type": "clause", "offset": [760, 776]}, {"key": "certificate-of-incorporation-and", "type": "clause", "offset": [784, 816]}, {"key": "the-bylaws", "type": "clause", "offset": [817, 827]}, {"key": "as-amended", "type": "definition", "offset": [829, 839]}, {"key": "a-certificate-of-good-standing", "type": "clause", "offset": [883, 913]}, {"key": "state-of-incorporation", "type": "clause", "offset": [936, 958]}, {"key": "all-other-jurisdictions", "type": "clause", "offset": [989, 1012]}, {"key": "failure-to", "type": "clause", "offset": [1053, 1063]}, {"key": "material-adverse-effect", "type": "definition", "offset": [1090, 1113]}, {"key": "closing-date-facility-charge", "type": "definition", "offset": [1134, 1162]}, {"key": "reimbursement-of-agent", "type": "clause", "offset": [1167, 1189]}, {"key": "and-lender", "type": "clause", "offset": [1192, 1202]}, {"key": "expenses-reimbursable", "type": "clause", "offset": [1213, 1234]}, {"key": "pursuant-to-this-agreement", "type": "clause", "offset": [1235, 1261]}, {"key": "the-initial-advance", "type": "clause", "offset": [1298, 1317]}, {"key": "insurance-and", "type": "clause", "offset": [1343, 1356]}, {"key": "insurance-policy", "type": "definition", "offset": [1372, 1388]}, {"key": "reasonably-request", "type": "definition", "offset": [1451, 1469]}], "samples": [{"hash": "bWlvoWSewOq", "uri": "/contracts/bWlvoWSewOq#initial-advance", "label": "Loan and Security Agreement (Tricida, Inc.)", "score": 31.3791923523, "published": true}, {"hash": "2fBaPYuJ6zl", "uri": "/contracts/2fBaPYuJ6zl#initial-advance", "label": "Loan and Security Agreement (Tricida, Inc.)", "score": 30.2347698212, "published": true}], "hash": "a65a0383c92d454c052d2010b0a60854", "id": 8}, {"size": 19, "snippet": "On or prior to the Closing Date, Borrower shall have delivered to Agent the following:\n(a) executed copies of the Loan Documents and all other documents and instruments reasonably required to create and perfect the Liens of Agent with respect to all Collateral, in all cases in form and substance reasonably acceptable to Agent;\n(b) a legal opinion of Borrower\u2019s counsel in form and substance reasonably acceptable to Agent;\n(c) certified copy of resolutions of Borrower\u2019s board of directors evidencing approval of the Loan and other transactions evidenced by the Loan Documents;\n(d) certified copies of the Certificate of Incorporation and the Bylaws, as amended through the Closing Date, of Borrower;\n(e) a certificate of good standing for Borrower from its state of incorporation and similar certificates from all other jurisdictions in which it does business and where the failure to be qualified could have a Material Adverse Effect;\n(f) payment of the Initial Facility Charge and reimbursement of Agent\u2019s and the Lenders\u2019 current expenses reimbursable pursuant to this Agreement, which amounts may be deducted from the initial Advance;\n(g) all certificates of insurance and copies of each insurance policy required hereunder; and\n(h) such other documents as Agent may reasonably request.", "snippet_links": [{"key": "prior-to-the-closing-date", "type": "clause", "offset": [6, 31]}, {"key": "borrower-shall", "type": "clause", "offset": [33, 47]}, {"key": "copies-of-the-loan-documents", "type": "clause", "offset": [100, 128]}, {"key": "other-documents-and-instruments", "type": "clause", "offset": [137, 168]}, {"key": "the-liens", "type": "clause", "offset": [211, 220]}, {"key": "with-respect-to", "type": "clause", "offset": [230, 245]}, {"key": "in-all-cases", "type": "clause", "offset": [262, 274]}, {"key": "form-and-substance", "type": "clause", "offset": [278, 296]}, {"key": "opinion-of-borrower", "type": "definition", "offset": [341, 360]}, {"key": "resolutions-of-borrower", "type": "clause", "offset": [447, 470]}, {"key": "board-of-directors", "type": "definition", "offset": [473, 491]}, {"key": "approval-of-the-loan", "type": "clause", "offset": [503, 523]}, {"key": "other-transactions", "type": "clause", "offset": [528, 546]}, {"key": "certified-copies", "type": "clause", "offset": [584, 600]}, {"key": "certificate-of-incorporation-and", "type": "clause", "offset": [608, 640]}, {"key": "the-bylaws", "type": "clause", "offset": [641, 651]}, {"key": "as-amended", "type": "definition", "offset": [653, 663]}, {"key": "a-certificate-of-good-standing", "type": "clause", "offset": [707, 737]}, {"key": "state-of-incorporation", "type": "clause", "offset": [760, 782]}, {"key": "all-other-jurisdictions", "type": "clause", "offset": [813, 836]}, {"key": "failure-to", "type": "clause", "offset": [877, 887]}, {"key": "material-adverse-effect", "type": "definition", "offset": [914, 937]}, {"key": "payment-of-the", "type": "clause", "offset": [943, 957]}, {"key": "initial-facility-charge", "type": "definition", "offset": [958, 981]}, {"key": "reimbursement-of-agent", "type": "clause", "offset": [986, 1008]}, {"key": "the-lenders", "type": "clause", "offset": [1015, 1026]}, {"key": "expenses-reimbursable", "type": "clause", "offset": [1036, 1057]}, {"key": "pursuant-to-this-agreement", "type": "clause", "offset": [1058, 1084]}, {"key": "the-initial-advance", "type": "clause", "offset": [1121, 1140]}, {"key": "insurance-and", "type": "clause", "offset": [1166, 1179]}, {"key": "insurance-policy", "type": "definition", "offset": [1195, 1211]}, {"key": "reasonably-request", "type": "definition", "offset": [1274, 1292]}], "samples": [{"hash": "f3ftP5CtBnb", "uri": "/contracts/f3ftP5CtBnb#initial-advance", "label": "Loan and Security Agreement (G1 Therapeutics, Inc.)", "score": 33.585899353, "published": true}, {"hash": "9jdFRXxk2Wd", "uri": "/contracts/9jdFRXxk2Wd#initial-advance", "label": "Loan and Security Agreement (G1 Therapeutics, Inc.)", "score": 32.8384666443, "published": true}, {"hash": "gR7hfk1fEjX", "uri": "/contracts/gR7hfk1fEjX#initial-advance", "label": "Loan and Security Agreement (G1 Therapeutics, Inc.)", "score": 31.5927448273, "published": true}], "hash": "d12df50fe7d0591a73d18a779ddd35b0", "id": 9}, {"size": 16, "snippet": "The obligation of Credit Agent to make the initial Advance under this Agreement is subject to the satisfaction, in the sole discretion of Credit Agent, of the following conditions precedent:\n(a) Credit Agent must receive the following, all of which must be satisfactory in form and content to Credit Agent, in its sole discretion:\n(1) The Notes and this Agreement, duly executed by Borrower.\n(2) The Lennar Undertaking, on the form prescribed by Lender, duly executed by Lennar.\n(3) All certificates and instruments representing or evidencing the Pledged Shares, together with stock powers or other instruments of assignment, duly completed in blank\n(4) UAMC's articles of incorporation, together with all amendments, as certified by the Secretary of State of Florida; UAMC's bylaws, together with all amendments, certified by the corporate secretary or assistant secretary of UAMC; and certificates of good standing dated within 60 days of the date of this Agreement.\n(5) A resolution of the board of directors of UAMC authorizing the execution, delivery and performance of this Agreement and the other Loan Documents, each Advance Request and all other agreements, instruments or documents to be delivered by UAMC under this Agreement.\n(6) A certificate as to the incumbency and authenticity of the signatures of the officers of UAMC executing this Agreement and the other Loan Documents, and of the officers and employees of UAMC delivering each Advance Request and all other agreements, instruments or documents to be delivered under this Agreement (Credit Agent being entitled to rely on that certificate until a new incumbency certificate has been furnished to Credit Agent).\n(7) Assumed Name Certificates dated within 30 days of the date of this Agreement for any assumed name used by UAMC in the conduct of its business.\n(8) EHMI's articles of incorporation, together with all amendments, as certified by the Secretary of State of Washington; EHMI's bylaws, together with all amendments, certified by the corporate secretary or assistant secretary of EHMI; and certificates of good standing dated within 30 days of the date of this Agreement.\n(9) A resolution of the board of directors of EHMI authorizing the execution, delivery and performance of this Agreement and the other Loan Documents, each Advance Request and all other agreements, instruments or documents to be delivered by EHMI under this Agreement.\n(10) A certificate as to the incumbency and authenticity of the signatures of the officers of EHMI executing this Agreement and the other Loan Documents, and of the officers and employees of EHMI delivering each Advance Request and all other agreements, instruments or documents to be delivered under this Agreement (Credit Agent being entitled to rely on that certificate until a new incumbency certificate has been furnished to Credit Agent).\n(11) Assumed Name Certificates dated within 30 days of the date of this Agreement for any assumed name used by EHMI in the conduct of its business.\n(12) AFSI's articles of incorporation, together with all amendments, as certified by the Secretary of State of California; AFSI's bylaws, together with all amendments, certified by the corporate secretary or assistant secretary of AFSI; and certificates of good standing dated within 30 days of the date of this Agreement.\n(13) A resolution of the board of directors of AFSI authorizing the execution, delivery and performance of this Agreement and the other Loan Documents, each Advance Request and all other agreements, instruments or documents to be delivered by AFSI under this Agreement.\n(14) A certificate as to the incumbency and authenticity of the signatures of the officers of AFSI executing this Agreement and the other Loan Documents, and of the officers and employees of AFSI delivering each Advance Request and all other agreements, instruments or documents to be delivered under this Agreement (Credit Agent being entitled to rely on that certificate until a new incumbency certificate has been furnished to Credit Agent).\n(15) Assumed Name Certificates dated within 30 days of the date of this Agreement for any assumed name used by AFSI in the conduct of its business.\n(16) UAMCC's articles of incorporation, together with all amendments, as certified by the Secretary of State of California; UAMCC's bylaws, together with all amendments, certified by the corporate secretary or assistant secretary of UAMCC; and certificates of good standing dated within 30 days of the date of this Agreement.\n(17) A resolution of the board of directors of UAMCC authorizing the execution, delivery and performance of this Agreement and the other Loan Documents, each Advance Request and all other agreements, instruments or documents to be delivered by UAMCC under this Agreement.\n(18) A certificate as to the incumbency and authenticity of the signatures of the officers of UAMCC executing this Agreement and the other Loan Documents, and of the officers and employees of UAMCC delivering each Advance Request and all other agreements, instruments or documents to be delivered under this Agreement (Credit Agent being entitled to rely on that certificate until a new incumbency certificate has been furnished to Credit Agent).\n(19) Assumed Name Certificates dated within 30 days of the date of this Agreement for any assumed name used by UAMCC in the conduct of its business.\n(20) UAMC Asset's articles of incorporation, together with all amendments, as certified by the Secretary of State of Nevada; UAMC Asset's bylaws, together with all amendments, certified by the corporate secretary or assistant secretary of UAMC Asset; and certificates of good standing dated within 30 days of the date of this Agreement.\n(21) A resolution of the board of directors of UAMC Asset authorizing the execution, delivery and performance of this Agreement and the other Loan Documents, each Advance Request and all other agreements, instruments or documents to be delivered by UAMC Asset under this Agreement.\n(22) A certificate as to the incumbency and authenticity of the signatures of the officers of UAMC Asset executing this Agreement and the other Loan Documents, and of the officers and employees of UAMC Asset delivering each Advance Request and all other agreements, instruments or documents to be delivered under this Agreement (Credit Agent being entitled to rely on that certificate until a new incumbency certificate has been furnished to Credit Agent).\n(23) Assumed Name Certificates dated within 30 days of the date of this Agreement for any assumed name used by UAMC Asset in the conduct of its business.\n(24) Lennar's articles or certificate of incorporation, together with all amendments, as certified by the Secretary of State of Florida, bylaws certified by the corporate secretary of Lennar and certificates of good standing dated within 30 days of the date of this Agreement.\n(25) A resolution of the board of directors of Lennar, certified as of the date of the Agreement by its corporate secretary, authorizing the execution, delivery and performance of Lennar Undertaking, and all other agreements, instruments or documents to be delivered by Lennar under this Agreement.\n(26) A certificate as to the incumbency and authenticity of the signatures of the officers of Lennar executing Lennar Undertaking and all other agreements, instruments or documents to be delivered under this Agreement (Lender being entitled to rely on that certificate until a new incumbency certificate has been furnished to Lender).\n(27) Financial statements of Lennar containing a balance sheet as of November 30, 2000, and related statements of income, changes in stockholders' equity and cash flows for the period ended on the that date, all prepared in accordance with GAAP applied on a basis consistent with prior periods and audited by independent certified public accountants of recognized standing acceptable to Lender.\n(28) A favorable written opinion of counsel to each Borrower and Lennar, addressed to Lenders and dated as of the date of this Agreement, covering such matters as Credit Agent may reasonably request.\n(29) Uniform Commercial Code, tax lien and judgment searches of the appropriate public records for each Borrower that do not disclose the existence of any prior Lien on the Collateral other than in favor of Credit Agent or as permitted under this Agreement.\n(30) Copies of the certificates, documents or other written instruments that evidence each Borrower's eligibility described in Section 2.3, all in form and substance satisfactory to Credit Agent.\n(31) Copies of each Borrower's errors and omissions insurance policy or mortgage impairment insurance policy, and blanket bond coverage policy, or certificates in lieu of policies, showing compliance by each Borrower as of the date of this Agreement with the related provisions of Section 8.9.\n(32) Executed financing statements in recordable form covering the Collateral and ready for filing in all jurisdictions required by Credit Agent.\n(33) Receipt by Credit Agent and Lenders of any fees due on the date of this Agreement.\n(34) An agreement among each Borrower that is selling Loans to \u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587, Lender and \u2587\u2587\u2587\u2587\u2587\u2587 Mae, pursuant to which \u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587 agrees to send all cash proceeds of Mortgage Loans sold by such Borrower to \u2587\u2587\u2587\u2587\u2587\u2587 Mae to the Cash Collateral Account.\n(35) An executed Funding Bank Agreement.\n(36) An executed Electronic Tracking Agreement among Borrowers, Credit Agent and Mortgage Electronic Registration Systems, Inc. (\"MERS\"), and MERCORP, Inc., pursuant to which Credit Agent will have the authority to, among other things, withdraw Mortgages from the MERS system, if either the Mortgage Loan has been registered on the MERS system naming Borrower as servicer or subservicer, or the Mortgage Loan has not yet been registered on the MERS system.\n(b) If any Borrower is indebted to any of its directors, officers, shareholders or Affiliates, as of the date of this Agreement, which indebtedness is in excess of $35,000,000, the Person to whom that Borrower is indebted must have executed a Subordination of Debt Agreement, on the form prescribed by Credit Agent; and Credit Agent must have received an executed copy of that Subordination of Debt Agreement, certified by the corporate secretary of the respective Borrower to be true and complete and in full force and effect as of the date of the Advance.", "snippet_links": [{"key": "the-obligation", "type": "clause", "offset": [0, 14]}, {"key": "credit-agent", "type": "definition", "offset": [18, 30]}, {"key": "the-initial-advance", "type": "clause", "offset": [39, 58]}, {"key": "subject-to-the", "type": "definition", "offset": [83, 97]}, {"key": "sole-discretion", "type": "clause", "offset": [119, 134]}, {"key": "conditions-precedent", "type": "definition", "offset": [169, 189]}, {"key": "form-and-content", "type": "clause", "offset": [273, 289]}, {"key": "the-notes", "type": "clause", "offset": [335, 344]}, {"key": "by-borrower", "type": "clause", "offset": [379, 390]}, {"key": "by-lender", "type": "definition", "offset": [443, 452]}, {"key": "certificates-and-instruments", "type": "clause", "offset": [487, 515]}, {"key": "the-pledged-shares", "type": "clause", "offset": [543, 561]}, {"key": "stock-powers", "type": "clause", "offset": [577, 589]}, {"key": "instruments-of-assignment", "type": "definition", "offset": [599, 624]}, {"key": "articles-of-incorporation", "type": "clause", "offset": [661, 686]}, {"key": "certified-by", "type": "definition", "offset": [721, 733]}, {"key": "state-of-florida", "type": "definition", "offset": [751, 767]}, {"key": "secretary-or-assistant-secretary", "type": "clause", "offset": [841, 873]}, {"key": "certificates-of-good-standing", "type": "clause", "offset": [887, 916]}, {"key": "date-of-this-agreement", "type": "clause", "offset": [945, 967]}, {"key": "resolution-of-the-board-of-directors", "type": "definition", "offset": [975, 1011]}, {"key": "the-execution", "type": "clause", "offset": [1032, 1045]}, {"key": "agreement-and-the-other-loan-documents", "type": "clause", "offset": [1080, 1118]}, {"key": "advance-request", "type": "clause", "offset": [1125, 1140]}, {"key": "other-agreements", "type": "definition", "offset": [1149, 1165]}, {"key": "documents-to-be-delivered-by", "type": "clause", "offset": [1182, 1210]}, {"key": "the-officers", "type": "clause", "offset": [1315, 1327]}, {"key": "executing-this-agreement", "type": "clause", "offset": [1336, 1360]}, {"key": "employees-of", "type": "clause", "offset": [1415, 1427]}, {"key": "entitled-to-rely", "type": "clause", "offset": [1573, 1589]}, {"key": "incumbency-certificate", "type": "definition", "offset": [1622, 1644]}, {"key": "assumed-name", "type": "definition", "offset": [1686, 1698]}, {"key": "agreement-for", "type": "clause", "offset": [1753, 1766]}, {"key": "conduct-of-its-business", "type": "clause", "offset": [1804, 1827]}, {"key": "state-of-washington", "type": "clause", "offset": [1930, 1949]}, {"key": "state-of-california", "type": "clause", "offset": [3115, 3134]}, {"key": "state-of-nevada", "type": "definition", "offset": [5501, 5516]}, {"key": "certificate-of-incorporation", "type": "definition", "offset": [6649, 6677]}, {"key": "date-of-the-agreement", "type": "definition", "offset": [6975, 6996]}, {"key": "financial-statements", "type": "definition", "offset": [7539, 7559]}, {"key": "balance-sheet", "type": "definition", "offset": [7583, 7596]}, {"key": "changes-in", "type": "definition", "offset": [7656, 7666]}, {"key": "cash-flows", "type": "definition", "offset": [7692, 7702]}, {"key": "the-period", "type": "clause", "offset": [7707, 7717]}, {"key": "in-accordance-with", "type": "definition", "offset": [7755, 7773]}, {"key": "consistent-with", "type": "definition", "offset": [7798, 7813]}, {"key": "independent-certified-public-accountants", "type": "definition", "offset": [7843, 7883]}, {"key": "opinion-of-counsel-to", "type": "clause", "offset": [7954, 7975]}, {"key": "each-borrower", "type": "clause", "offset": [7976, 7989]}, {"key": "to-lenders", "type": "definition", "offset": [8012, 8022]}, {"key": "dated-as-of", "type": "definition", "offset": [8027, 8038]}, {"key": "reasonably-request", "type": "definition", "offset": [8109, 8127]}, {"key": "uniform-commercial-code", "type": "clause", "offset": [8134, 8157]}, {"key": "lien-and-judgment-searches", "type": "clause", "offset": [8163, 8189]}, {"key": "public-records", "type": "definition", "offset": [8209, 8223]}, {"key": "prior-lien", "type": "definition", "offset": [8284, 8294]}, {"key": "the-collateral", "type": "clause", "offset": [8298, 8312]}, {"key": "in-favor-of", "type": "clause", "offset": [8324, 8335]}, {"key": "the-certificates", "type": "definition", "offset": [8402, 8418]}, {"key": "written-instruments", "type": "definition", "offset": [8439, 8458]}, {"key": "section-23", "type": "clause", "offset": [8514, 8525]}, {"key": "form-and-substance", "type": "clause", "offset": [8534, 8552]}, {"key": "errors-and-omissions-insurance-policy", "type": "definition", "offset": [8614, 8651]}, {"key": "mortgage-impairment-insurance-policy", "type": "definition", "offset": [8655, 8691]}, {"key": "blanket-bond", "type": "definition", "offset": [8697, 8709]}, {"key": "in-lieu-of", "type": "clause", "offset": [8743, 8753]}, {"key": "provisions-of", "type": "clause", "offset": [8850, 8863]}, {"key": "section-89", "type": "clause", "offset": [8864, 8875]}, {"key": "financing-statements", "type": "definition", "offset": [8891, 8911]}, {"key": "required-by", "type": "definition", "offset": [8997, 9008]}, {"key": "agent-and-lenders", "type": "definition", "offset": [9046, 9063]}, {"key": "fees-due", "type": "clause", "offset": [9071, 9079]}, {"key": "an-agreement", "type": "clause", "offset": [9116, 9128]}, {"key": "loans-to", "type": "clause", "offset": [9165, 9173]}, {"key": "pursuant-to", "type": "clause", "offset": [9209, 9220]}, {"key": "agrees-to", "type": "clause", "offset": [9238, 9247]}, {"key": "mortgage-loans-sold", "type": "clause", "offset": [9274, 9293]}, {"key": "the-cash-collateral-account", "type": "clause", "offset": [9328, 9355]}, {"key": "funding-bank-agreement", "type": "definition", "offset": [9374, 9396]}, {"key": "electronic-tracking-agreement", "type": "definition", "offset": [9415, 9444]}, {"key": "registration-systems", "type": "clause", "offset": [9499, 9519]}, {"key": "authority-to", "type": "definition", "offset": [9600, 9612]}, {"key": "mers-system", "type": "clause", "offset": [9662, 9673]}, {"key": "the-mortgage-loan", "type": "definition", "offset": [9685, 9702]}, {"key": "borrower-as-servicer", "type": "clause", "offset": [9749, 9769]}, {"key": "subordination-of-debt-agreement", "type": "definition", "offset": [10098, 10129]}, {"key": "executed-copy", "type": "clause", "offset": [10210, 10223]}, {"key": "true-and-complete", "type": "clause", "offset": [10335, 10352]}, {"key": "full-force-and-effect", "type": "clause", "offset": [10360, 10381]}, {"key": "the-advance", "type": "clause", "offset": [10400, 10411]}], "samples": [{"hash": "gmFEyhitmo4", "uri": "/contracts/gmFEyhitmo4#initial-advance", "label": "Warehousing Credit and Security Agreement (Lennar Corp /New/)", "score": 18.0, "published": true}], "hash": "860a48eca3c2731f56042cf2a1183fb3", "id": 10}], "next_curs": "ClgSUmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjQLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ihhpbml0aWFsLWFkdmFuY2UjMDAwMDAwMGEMogECZW4YACAA", "clause": {"size": 1254, "children": [["insurance", "Insurance"], ["loan-documents", "Loan Documents"], ["opinion-of-counsel", "Opinion of Counsel"], ["good-standing", "Good Standing"], ["fees", "Fees"]], "parents": [["conditions-precedent", "Conditions Precedent"], ["conditions-precedent-to-loan", "CONDITIONS PRECEDENT TO LOAN"], ["miscellaneous", "Miscellaneous"], ["conditions-of-closing", "CONDITIONS OF CLOSING"], ["conditions", "Conditions"]], "title": "Initial Advance", "id": "initial-advance", "related": [["initial-advances", "Initial Advances", "<strong>Initial Advances</strong>"], ["conditions-to-initial-advance", "Conditions to Initial Advance", "Conditions to <strong>Initial Advance</strong>"], ["conditions-precedent-to-the-initial-advance", "Conditions Precedent to the Initial Advance", "Conditions Precedent to the <strong>Initial Advance</strong>"], ["conditions-precedent-to-initial-advance", "Conditions Precedent to Initial Advance", "Conditions Precedent to <strong>Initial Advance</strong>"], ["initial-loan", "Initial Loan", "Initial Loan"]], "related_snippets": [], "updated": "2026-03-27T05:59:04+00:00"}, "json": true, "cursor": ""}}