Common use of Refinancing Closing Clause in Contracts

Refinancing Closing. The closing of the Refinancing and the Closing hereunder shall occur simultaneously. At the Closing, Transferor and Transferee shall deliver, and shall cause Newco and its subsidiaries to deliver, those documents, instruments and other deliveries as are required to be delivered to consummate the Refinancing, including, without limitation, any guaranties, to the extent reasonably acceptable to Transferor and Transferee, and any such documents shall constitute Restructuring Documents hereunder.

Appears in 2 contracts

Sources: Transfer Agreement (CNL Healthcare Trust, Inc.), Transfer Agreement (Sunrise Senior Living Inc)