Common use of Satisfactory Proceedings Clause in Contracts

Satisfactory Proceedings. All proceedings taken in connection with the transactions contemplated by this Agreement, and all documents necessary to the consummation thereof, shall be satisfactory in form and substance to Lender and Lender's counsel.

Appears in 2 contracts

Samples: Loan and Security Agreement (Interactive Magic Inc /Md/), Loan Agreement (Smart Choice Automotive Group Inc)

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Satisfactory Proceedings. All proceedings taken in connection with the transactions contemplated by this Agreement, and all documents necessary to the consummation thereof, shall be satisfactory in form and substance to Lender and Lender's counsel and to Borrower and Borrower's counsel.

Appears in 1 contract

Samples: Senior Subordinated Loan and Security Agreement (Waste Industries Inc)

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Satisfactory Proceedings. All proceedings taken in connection with the transactions contemplated by this Agreement, and all documents necessary to the consummation thereof, shall be reasonably satisfactory in form and substance to the Lender and the Lender's counsel, and the Lender shall have received a copy (executed or certified as may be appropriate) of all legal documents or proceedings taken in connection with the consummation of said transactions.

Appears in 1 contract

Samples: Credit and Security Agreement (Computer Outsourcing Services Inc)

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