LENDER'S SATISFACTION Clause Samples
A lenders-satisfaction clause gives lenders the right to approve or reject certain aspects of a transaction or agreement based on their own discretion or satisfaction. In practice, this clause may require that the lender be satisfied with the borrower's financial condition, the completion of due diligence, or the fulfillment of specific conditions before proceeding with funding or closing. Its core function is to protect the lender by ensuring they are comfortable with the risk and terms before committing to the transaction, thereby reducing the likelihood of unforeseen issues or defaults.
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LENDER'S SATISFACTION will be conditional on the Company providing to the Lenders such evidence as the Lenders may require that the relevant Milestones have been achieved, and the Lenders confirming (in their absolute discretion) that the relevant Milestones have been achieved to their satisfaction; and
LENDER'S SATISFACTION. All instruments and legal documents and proceedings in connection with the transactions contemplated by this Agreement shall be satisfactory in form and substance to Lender and its counsel, and Lender shall have received all documents, including records of corporate proceedings and opinions of counsel, which Lender may have requested in connection therewith.
LENDER'S SATISFACTION. All instruments and legal documents and proceedings in connection with the transactions contemplated by this Agreement shall be reasonably satisfactory
LENDER'S SATISFACTION. Whenever any matter in this Agreement or in any Credit Document is required to be satisfactory to the Lender, the Lender shall (unless otherwise expressly provided) determine its satisfaction in the Lender’s sole discretion.
LENDER'S SATISFACTION. Borrowers shall deliver from time to time all instruments and ---------------------- legal documents in connection with the transactions contemplated by this Agreement as shall be reasonably requested by Agent, in form and substance satisfactory to Agent and its counsel.
LENDER'S SATISFACTION. For purposes of determining compliance with the conditions specified in Section 3 hereof, each of the undersigned Lenders shall be deemed to have consented to, approved or accepted or to be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to a Lender upon its execution and delivery of a counterpart of this Second Amendment.
LENDER'S SATISFACTION. All proceedings taken in connection with the transactions provided for herein, all insurance policies and documents required or contemplated by this Agreement or the Loan Documents and the persons responsible for the execution and preparation thereof shall be satisfactory to Lender.