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 any Increase) or any other incremental or additional credit facilities hereunder, but excluding (i) any continuation or conversion of borrowings, (ii) the making of any Revolving Loans, or (iii) the issuance, renewal or extension of Letters of Credit shall be subject to and conditioned upon: (1) 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 Laws and as otherwise reasonably required by the Agent and (2) the 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: Credit Agreement (Liberty Energy Inc.), Credit Agreement (Liberty Energy Inc.), Credit Agreement (Liberty Oilfield Services Inc.)

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XXXX Events. Each of the parties hereto acknowledges and agrees that, if there are is any Mortgaged PropertiesReal Estate subject to a Mortgage, any increase, extension or renewal of any of the Commitments or Loans (including any Increase) or any other incremental or additional credit facilities hereunder, but excluding (i) any continuation or conversion of borrowings, (ii) the making of any Revolving Loans, or (iii) the issuance, renewal or extension of Letters of Credit shall be subject to and conditioned upon: (1) 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 Real Estate subject to a Mortgage as required by the Flood Laws and as otherwise reasonably required by the Administrative Agent and (2) 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 (American Eagle Outfitters Inc)

XXXX Events. Each of the parties hereto to this Agreement acknowledges and agrees that, if there are any Mortgaged Properties, any increase, extension or renewal of any of the Revolving Loan Commitments or Loans (including any Increase) or any other incremental or additional credit facilities hereunder, but excluding (i) any continuation or conversion of borrowingsBorrowings, (ii) the making of any Revolving Loans, Loans or Swingline Loans or (iii) the issuance, renewal or extension of Letters of Credit Credit) shall be subject to (and conditioned upon: ) (1) 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 Laws Insurance Law and as otherwise reasonably required by the Administrative Agent and (2) the Administrative Agent shall have received written confirmation from the Lenders Impacted Lender that flood insurance due diligence and flood insurance compliance have has been completed by the Lenders Impacted Lender (such written confirmation not to be unreasonably conditionedwithheld, withheld conditioned or delayed).

Appears in 1 contract

Samples: Increase Agreement (Matrix Service Co)

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 Revolving Credit Commitments or Loans (including any Increase) or any other incremental or additional credit facilities hereunderincrease pursuant to Section 2.10, but excluding (i) any continuation or conversion of borrowings, (ii) the making of any Revolving Loans, Credit Loans or (iii) the issuance, renewal or extension of Letters of Credit Credit) shall be subject to (and conditioned upon: ): (1) 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 Agent Lenders and (2) 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 1 contract

Samples: Credit Agreement (Crocs, 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 any Increase) the provision of Incremental Commitments or any other incremental or additional credit facilities hereunder, but excluding (i) any continuation or conversion of borrowings, (ii) the making of any Revolving Loans, Loans or (iii) the issuance, renewal or extension of Letters of Credit Credit) shall be subject to (and conditioned upon: (1) ): 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 Agent and (2) Administrative Agent; provided that the Agent shall have received written confirmation from the Lenders that flood insurance due diligence and flood insurance compliance have been completed by the Lenders (effectiveness of each such written confirmation not event pursuant to be unreasonably conditioned, withheld or delayed).this -168-

Appears in 1 contract

Samples: Credit Agreement (Academy Sports & Outdoors, Inc.)

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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 Revolving Loan Commitments or Loans (including any Increase) the provision of Incremental Loans or any other incremental or additional credit facilities hereunder, but excluding (i) any continuation or conversion of borrowings, (ii) the making of any Revolving Loans, Loans or (iii) the issuance, renewal or extension of Letters of Credit Credit) shall be subject to (and conditioned upon: ): (1) 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 Laws and as otherwise reasonably required by the Agent Lenders and (2) 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 1 contract

Samples: Credit Agreement (Dynatrace, Inc.)

XXXX Events. Each of the parties hereto acknowledges and agrees that, if there are is any Mortgaged PropertiesReal Estate subject to a mortgage in favor of Agent for the benefit of the Credit Parties, any increase, extension or renewal of any of the Commitments or Loans (including any Increase) or any other incremental or additional credit facilities hereunder, but excluding (i) any continuation or conversion of borrowings, (ii) the making of any Revolving Committed Loans, or (iii) the issuance, renewal or extension of Letters of Credit shall be subject to and conditioned upon: (1) 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 Real Estate as required by the Flood Insurance Laws and as otherwise reasonably required by the Agent and (2) the 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 (Foot Locker, Inc.)

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