Examples of Initial Banks in a sentence
The Initial Banks shall consult among themselves, and each Bank hereby agrees to provide information upon request to any Initial Bank, regarding the number of Shares that may be deemed from time to time during the term of this Agreement to be beneficially owned (as such term is defined for purposes of Section 13(d) of the Securities and Exchange Act of 1934) by such Bank.
The Agent shall have received all documents required by Section 4.01 reasonably satisfactory in form and substance to the Initial Banks.
As consideration for the Commitments of the Initial Banks and their agreements to perform the services described in the Commitment Letter (as amended hereby), you hereby agree to pay to the Initial Banks the fees set forth in Fee Letter.
The Agent shall have received UCC searches (including tax liens and judgments) conducted in such jurisdictions in which the Borrower and the Guarantors conduct business as may be satisfactory to the Initial Banks (dated as of a date reasonably satisfactory to them), reflecting the absence of Liens and encumbrances on the assets of the Borrower and the Guarantors other than such Liens permitted hereunder and as may be satisfactory to the Initial Banks.
Such letters of credit will be documented on the Initial Bank's standard forms.