Common use of Post-Closing Condition Clause in Contracts

Post-Closing Condition. Notwithstanding anything in Section 6.01, after the Closing Date, but prior to the initial Credit Extension, the Borrower shall deliver to the Administrative Agent recorded copies or other evidence of filing of mortgage amendments, assignments or releases, in each case releasing any Receivables and Related Security described in any mortgages filed in favor of the Credit Agreement Agent, in form and substance acceptable to the Administrative Agent.

Appears in 3 contracts

Sources: Receivables Financing Agreement (Compass Minerals International Inc), Receivables Financing Agreement (Compass Minerals International Inc), Receivables Financing Agreement (Compass Minerals International Inc)