Common use of XXXX Events Clause in Contracts

XXXX Events. Each of the parties hereto acknowledges and agrees that, if there are any Mortgaged Properties, any increase, extension or renewal of any of the Commitments or Loans (including the provision of Incremental Revolving Loans) or any other incremental or additional credit facilities hereunder, but excluding (a) any continuation or conversion of borrowings, (b) the making of any Revolving Loans or (c) the issuance, renewal or extension of Letters of Credit shall be subject to and conditioned upon: (i) the prior delivery of all flood hazard determination certifications, acknowledgements and evidence of flood insurance and other flood-related documentation with respect to such Mortgaged Properties as required by the Flood Insurance Laws and as otherwise reasonably required by the Administrative Agent and (ii) the Administrative Agent shall have received written confirmation from the Lenders that flood insurance due diligence and flood insurance compliance have been completed by the Lenders (such written confirmation not to be unreasonably conditioned, withheld or delayed).

Appears in 3 contracts

Samples: Revolving Credit Agreement (Bath & Body Works, Inc.), Revolving Credit Agreement (Victoria's Secret & Co.), Revolving Credit Agreement (L Brands, Inc.)

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XXXX Events. Each of the parties hereto acknowledges and agrees that, if there are any Mortgaged PropertiesMortgages, any increase, extension or renewal of any of the Commitments or Loans (including the provision of any Incremental Revolving Loans) Facility or any other incremental or additional credit facilities hereunder, but excluding (ai) any continuation or conversion of borrowingsAdvances, (bii) the making of any Revolving Credit Loans or (ciii) the issuance, renewal or extension of Letters of Credit shall Credit) may at the discretion of the Designated Lender be subject to (and conditioned upon: ): (i1) the prior delivery of all flood hazard determination certifications, acknowledgements and evidence of flood insurance and other flood-related documentation with respect to such Mortgaged Properties Mortgages as required by the Flood Insurance Laws Regulations and as otherwise reasonably required by the Administrative Agent or Designated Lender and (ii2) the Administrative Agent shall have having received written confirmation from the Lenders that Designated Lender (if any), flood insurance due diligence and flood insurance compliance have has been completed by the Lenders thereby (such written confirmation not to be unreasonably conditionedwithheld, withheld conditioned or delayed).

Appears in 2 contracts

Samples: Credit Agreement (DIEBOLD NIXDORF, Inc), Credit Agreement (DIEBOLD NIXDORF, Inc)

XXXX Events. Each of the parties hereto acknowledges and agrees that, at any time after the First Amendment Effective Date, if there are any Mortgaged Properties, any increase, extension or renewal of any of the Commitments or Loans (including the provision of Incremental Revolving LoansCommitments and Extended Commitments) or any other incremental or additional credit facilities hereunder, but excluding (ai) any continuation or conversion of borrowings, (bii) the making of any Revolving Loans Loans, or (ciii) the issuance, renewal or extension of Letters of Credit shall be subject to and conditioned upon: (i1) the prior delivery of all flood hazard determination certifications, acknowledgements and evidence of flood insurance and other flood-related documentation with respect to such Mortgaged Properties as required by the Flood Insurance Laws and as otherwise reasonably required by the Administrative Agent and (ii2) the Administrative Agent shall have received written confirmation from the Lenders that flood insurance due diligence and flood insurance compliance have been completed by the Lenders (such written confirmation not to be unreasonably conditioned, withheld or delayed).

Appears in 2 contracts

Samples: First Amendment Agreement (PET Acquisition LLC), First Amendment Agreement (PET Acquisition LLC)

XXXX Events. Each of the parties hereto acknowledges and agrees that, if there are any Mortgaged Real Properties, any increase, extension or renewal of any of the Commitments or Loans (including the provision of an Incremental Revolving Loans) Facility or any other incremental or additional credit facilities hereunder, but excluding (ai) any continuation or conversion of borrowings, (bii) the making of any Revolving Loans or (ciii) the issuance, renewal or extension of Letters of Credit Credit) shall be subject to (and conditioned upon: ): (i1) the prior delivery of all flood hazard determination certifications, acknowledgements and evidence of flood insurance and other flood-related documentation with respect to such Mortgaged Real Properties as required by the Flood Insurance Laws and as otherwise reasonably required by the Administrative Agent Lenders and (ii2) the Administrative Agent shall have received written confirmation from the Lenders that Lenders, flood insurance due diligence and flood insurance compliance have has been completed by the Lenders (such written confirmation not to be unreasonably conditionedwithheld, withheld conditioned or delayed).

Appears in 2 contracts

Samples: Credit Agreement (PGT Innovations, Inc.), Credit Agreement (PGT Innovations, Inc.)

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XXXX Events. Each of the parties hereto acknowledges and agrees thatthat notwithstanding anything to the contrary contained in the Credit Agreement, if there are any Mortgaged Properties, any increase, extension or renewal of any of the Commitments or Loans (including the provision of Incremental Revolving LoansSection 2.19 of the Credit Agreement) or any other incremental or additional credit facilities hereunder, but excluding (ai) any continuation or conversion of borrowings, (bii) the making of any Revolving Loans Loans, or (ciii) the issuance, renewal or extension of Letters of Credit shall be subject to and conditioned upon: (i1) the prior delivery of all flood hazard determination certifications, acknowledgements and evidence of flood insurance and other flood-related documentation with respect to such Mortgaged Properties as required by the Flood Insurance Laws and as otherwise reasonably required by the Administrative Agent and (ii2) the Administrative Agent shall have received written confirmation from the Lenders that flood insurance due diligence and flood insurance compliance have been completed by the Lenders (such written confirmation not to be unreasonably conditioned, withheld or delayed).

Appears in 1 contract

Samples: Credit Agreement (Big Lots Inc)

XXXX Events. Each of the parties hereto acknowledges and agrees that, if there are any Mortgaged Properties, any increase, extension or renewal of any of the Commitments or Loans (including the provision of Incremental Revolving Loansthe accordion in Section 2.23) or and any other incremental or additional credit facilities hereunder, but excluding (ai) any continuation or conversion of borrowings, (bii) the making of any Revolving Credit Loans or (ciii) the issuance, renewal or extension of Letters of Credit Credit) shall be subject to (and conditioned upon: ): (i1) the prior delivery of all flood hazard determination certifications, acknowledgements and evidence of flood insurance and other flood-related documentation with respect to such Mortgaged Properties as required by the Flood Insurance Laws and as otherwise reasonably required by the Administrative Agent Bank and (ii2) the Administrative Agent shall have received written confirmation from the Lenders that Banks, flood insurance due diligence and flood insurance compliance have has been completed by the Lenders Banks (such written confirmation not to be unreasonably conditionedwithheld, withheld conditioned or delayed).

Appears in 1 contract

Samples: Credit Agreement (Saia Inc)

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