Common use of Reserve Amount Clause in Contracts

Reserve Amount. The Reserve Amount shall be held in the Reserve Account at all times from the Closing Date until the earliest of (i) the consummation of the Hope Heal Health Acquisition, (ii) such other time as consented to by the Administrative Agent and the Required Lenders in writing, provided that, in the case of request by the Borrower for use of the Reserve Amount for acquisitions described in Sections 8.4(d) through 8.4(f), such consent shall not be unreasonably withheld, delayed or conditioned, and (iii) irrevocable payment in full of all Obligations hereunder, to be confirmed by the Administrative Agent in writing (the earliest of such dates, the “Reserve Amount Release Date”). Upon the Reserve Amount Release Date, the Agents shall take all necessary actions, if any, to permit the Loan Parties to exercise control over the Reserve Account, including to withdraw the Reserve Amount therefrom, provided that, in the event of a Reserve Amount Release Date under clause (i) of the preceding sentence, the Administrative Agent and the Lender have been provided assurances reasonably acceptable to them that the Hope Heal Health Acquisition has occurred or will occur upon the disbursement of Reserve Amount to the Borrower.

Reserve Amount. The Reserve Amount shall be held in the Reserve Account at all times from the Closing Date until the earliest of (i) the consummation of the Hope Heal Health Health‌ Acquisition, (ii) such other time as consented to by the Administrative Agent and the Required Lenders in writing, provided that, in the case of request by the Borrower for use of the Reserve Amount for acquisitions described in Sections 8.4(d) through 8.4(f), such consent shall not be unreasonably withheld, delayed or conditioned, and (iii) irrevocable payment in full of all Obligations hereunder, to be confirmed by the Administrative Agent in writing (the earliest of such dates, the “Reserve Amount Release Date”). Upon the Reserve Amount Release Date, the Agents shall take all necessary actions, if any, to permit the Loan Parties to exercise control over the Reserve Account, including to withdraw the Reserve Amount therefrom, provided that, in the event of a Reserve Amount Release Date under clause (i) of the preceding sentence, the Administrative Agent and the Lender have been provided assurances reasonably acceptable to them that the Hope Heal Health Acquisition has occurred or will occur upon the disbursement of Reserve Amount to the Borrower.