Additional Seller Conditions Precedent definition

Additional Seller Conditions Precedent means, in respect of any proposed Additional Seller, that (i) each Purchaser’s know-your-customer requirements with respect to such proposed Additional Seller have been satisfied; (ii) a Parent Guaranty covering the obligations of such proposed Additional Seller has been issued and is in full force and effect; and (iii) the Additional Seller has delivered any documents and opinions requested by the Administrative Agent in its reasonable discretion, it being understood that deliverables shall be generally consistent with the conditions precedent described in Section 8.1.
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Additional Seller Conditions Precedent means, in respect of any proposed Additional Seller, that (i) each Purchaser’s know-your-customer requirements with respect to such proposed Additional Seller have been satisfied; (ii) the CACI Performance Undertaking covering the obligations of such proposed Additional Seller has been issued and is in full force and effect; and (iii) that the Additional Seller has delivered any documents and opinions requested by the Administrative Agent in its reasonable discretion, it being understood that deliverables shall be consistent with the conditions precedent described in Section 8.1; provided that no true sale opinion will be required.
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Additional Seller Conditions Precedent set forth in Section 1.1 of the Existing Agreement is deleted in its entirety and restated as follows:
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Examples of Additional Seller Conditions Precedent in a sentence

  • Any such request shall be made by the Seller Representative to the Administrative Agent and the Purchasers, and provided that the Additional Seller Conditions Precedent are satisfied (as determined by each Purchaser in its sole and absolute discretion), the Administrative Agent (at the direction of the Purchasers) shall approve any such request.

  • Any such request shall be made by the Seller Representative to the Purchaser, and provided that the Additional Seller Conditions Precedent are satisfied (as determined by the Purchaser in its sole and absolute discretion), the Purchaser shall approve any such request.


More Definitions of Additional Seller Conditions Precedent

Additional Seller Conditions Precedent means, in respect of any proposed Additional Seller, that (i) each Purchaser’s know-your- customer requirements with respect to such proposed Additional Seller have been satisfied; (ii) a Parent Guaranty covering the obligations of such proposed Additional Seller has been issued and is in full force and effect; and (iii) the Additional Seller has delivered any documents and opinions requested by the Administrative Agent in its reasonable discretion, it being
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Additional Seller Conditions Precedent means, in respect of any proposed Additional Seller, that (i) each Purchaser’s know-your- customer requirements with respect to such proposed Additional Seller have been satisfied; and (ii) each applicable Parent Guaranty covering the obligations of such proposed Additional Seller has been issued and is in full force and effect.
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Additional Seller Conditions Precedent means, in respect of any proposed Additional Seller, that (i) each Purchaser’s know-your-customer requirements with respect to such proposed Additional Seller have been satisfied; and (ii) each applicablethe CSRA Inc. Parent Guaranty covering the obligations of such proposed Additional Seller has been issued and is in full force and effect.
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Additional Seller Conditions Precedent means, in respect of any proposed Additional Seller, that (i) each Purchaser's know-your- customer requirements with respect to such proposed Additional Seller have been satisfied; (ii) the CACI Performance Undertaking covering the obligations of such proposed Additional Seller has been issued and is in full force and effect; and (iii) that the Additional Seller has delivered any documents and opinions requested by the Administrative Agent in its reasonable discretion, it being understood that deliverables shall be consistent with the conditions precedent described in Section 8.1; provided that no true sale opinion will be required.
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Related to Additional Seller Conditions Precedent

  • Conditions Precedent shall have the meaning set forth in Clause 4.2.

  • Closing Conditions shall include, but are not limited to, SI Securities determining in its sole discretion that at the time of a closing, the Minimum Offering has been met, the investment remains suitable for investors, investors have successfully passed ID, KYC, AML, OFAC, and suitability screening, and that Issuer has completed all actions required by it as communicated by SI Securities at the time of a closing.

  • Closing Checklist means the schedule, including all appendices, exhibits or schedules thereto, listing certain documents and information to be delivered in connection with the Agreement, the other Loan Documents and the transactions contemplated thereunder, substantially in the form attached hereto as Annex D.

  • Condition Satisfaction Date shall have the meaning set forth in Section 7.2.

  • Seller's Closing Certificate means the certificate of Seller in the form of Exhibit C attached hereto.

  • Specified Conditions means, at any time of determination thereof, (a) no Incremental Term Loans in the form of an institutional term loan B facility have been issued and are outstanding pursuant to Section 2.20 of the Credit Agreement and (b) (i) the Company’s “corporate credit rating” from S&P (or such other term as S&P may from time to time use to describe the Company’s senior unsecured non-credit enhanced long term indebtedness, such rating, the “S&P Rating”) shall be at least BBB- (with a stable outlook) and the Company’s “corporate family rating” from Xxxxx’x (or such other term as Xxxxx’x may from time to time use to describe the Company’s senior unsecured non-credit enhanced long term indebtedness, such rating, the “Xxxxx’x Rating”) shall be at least Baa3 (with a stable outlook) or (ii) (x) the Company’s S&P Rating shall be at least BBB- (with a stable outlook) or the Company’s Xxxxx’x Rating shall be at least Baa3 (with a stable outlook) and (y) the Leverage Ratio is less than or equal to 2.50 to 1.00.

  • Additional Closing has the meaning set forth in Section 2.3.

  • Seller Closing Certificate has the meaning set forth in Section 7.02(d).

  • Amendment Closing Date means the first date that all the conditions precedent set forth in this Amendment are satisfied or waived in accordance herewith.

  • Buyer Closing Certificate has the meaning set forth in Section 7.03(d).

  • Offer Conditions has the meaning set forth in Section 1.01(b).

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Additional Closing Date shall have the meaning set forth in Section 2.3.2.

  • Satisfaction Date has the meaning set forth in Section 2.6.

  • Step Down Conditions As of any Distribution Date on which any decrease in any Senior Prepayment Percentage may apply, (i) the outstanding Principal Balance of all Mortgage Loans 60 days or more Delinquent (including Mortgage Loans in REO and foreclosure), averaged over the preceding six month period, as a percentage of the aggregate of the Class Certificate Principal Balances of the Classes of Subordinate Certificates on such Distribution Date, does not equal or exceed 50% and (ii) cumulative Realized Losses with respect to all of the Mortgage Loans do not exceed: · for any Distribution Date on or after the seventh anniversary until the eighth anniversary of the first Distribution Date, 30% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the eighth anniversary until the ninth anniversary of the first Distribution Date, 35% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the ninth anniversary until the tenth anniversary of the first Distribution Date, 40% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the tenth anniversary until the eleventh anniversary of the first Distribution Date, 45% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, and · for any Distribution Date on or after the eleventh anniversary of the first Distribution Date, 50% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date.

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • First Amendment Closing Date has the meaning assigned to such term in the First Amendment.

  • Subsequent Closing has the meaning set forth in Section 3.2.

  • Second Closing Date has the meaning set forth in Section 1.3.

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Third Amendment Closing Date has the meaning assigned to such term in the Third Amendment.

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Specified Acquisition Agreement Representations means such of the representations and warranties made by, or with respect to, the Company and its Subsidiaries in the Acquisition Agreement as are material to the interests of the Lenders, but only to the extent that the Borrower or its Affiliates has the right to terminate its (or their) obligations under the Acquisition Agreement, or decline to consummate the Acquisition in accordance with the terms of the Acquisition Agreement, as a result of a breach of such representations and warranties.

  • Second Closing has the meaning set forth in Section 2.2.

  • Termination Conditions means, collectively, (a) the payment in full in cash of the Obligations (other than (i) contingent indemnification obligations not then due and (ii) Obligations under Secured Hedge Agreements and Secured Cash Management Agreements) and (b) the termination of the Commitments and the termination or expiration of all Letters of Credit under this Agreement (unless the Outstanding Amount of the L/C Obligations related thereto has been Cash Collateralized on terms reasonably acceptable to the applicable Issuing Bank, backstopped by a letter of credit reasonably satisfactory to the applicable Issuing Bank or deemed reissued under another agreement reasonably acceptable to the applicable Issuing Bank).

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.