Common use of Initial Transactions Clause in Contracts

Initial Transactions. The Agent on behalf of the Banks shall have received from the Company (i) a certificate from an authorized executive officer of the Company, dated as of the Effective Date, certifying that, substantially simultaneous with the Initial Loan, each of the Initial Transactions shall have been consummated, and attaching a true, complete and correct copy of each AHPI Merger Document, which shall be in form and substance reasonably satisfactory to the Agent and the Banks, and (ii) other evidence reasonably satisfactory to the Agent that the transactions described in clause (ii) of the definition of "Initial Transactions" shall have been consummated.

Appears in 2 contracts

Sources: 364 Day Revolving Credit Agreement (Health Care Property Investors Inc), Revolving Credit Agreement (Health Care Property Investors Inc)