XXXX Events. If there are any Mortgaged Properties, any (x) increase or extension (including a renewal) of the Revolving Loans or (y) extension (including a renewal) of Term Loans (excluding, in each case (i) any continuation or conversion of Advances, (ii) the making of any Revolving Loans or (iii) the issuance, renewal or extension of any Letter of Credit) shall be subject to (and conditioned upon): (1) the prior delivery of all flood-related documentation with respect to such Mortgaged Properties as required by subsection (v)(c) of the definition of Collateral and Guarantee Requirement and (2) the Administrative Agent shall have received written confirmation from the Arrangers, that flood insurance due diligence and flood insurance compliance has been completed by it (such written confirmation not to be unreasonably withheld, conditioned or delayed).
Appears in 4 contracts
Samples: Credit Agreement (Energizer Holdings, Inc.), Credit Agreement (Energizer Holdings, Inc.), Credit Agreement (Energizer Holdings, Inc.)
XXXX Events. If there are any Mortgaged Properties, any (x) increase or extension (including a renewal) of the Revolving Loans or (y) extension (including a renewal) of Term Loans (excluding, in each case (i) any continuation or conversion of Advances, (ii) the making of any Revolving Loans or (iii) the issuance, renewal or extension of any Letter of Credit) shall be subject to (and conditioned upon): (1) the prior delivery of all flood-related documentation with respect to such Mortgaged Properties as required by subsection (v)(c) of the definition of Collateral and Guarantee Requirement and (2) the Administrative Agent shall have received written confirmation from the Arrangers, that flood insurance due diligence and flood insurance compliance has been completed by it (such written confirmation not to be unreasonably withheld, conditioned or delayed).. ARTICLE 3
Appears in 2 contracts
Samples: Credit Agreement (Energizer Holdings, Inc.), Credit Agreement (Energizer Holdings, Inc.)
