Post Closing Letter definition
Examples of Post Closing Letter in a sentence
Notwithstanding anything to the contrary set forth herein or in any other Loan Document, it shall not be a condition precedent to the funding of any Loan hereunder or the effectiveness hereof that the Loan Parties complete prior to the later date set forth in the Post Closing Letter any action, or execute and deliver (or cause to be executed and delivered) any document, set forth in the Post-Closing Letter.
Subject to the Post Closing Letter, all property policies shall have a lender’s loss payable endorsement showing Collateral Agent as lender loss payee and waive subrogation against Collateral Agent, and all liability policies shall show, or have endorsements showing, Collateral Agent, as additional insured.
Notwithstanding the foregoing, until all Collateral Accounts (other than Excluded Accounts) in existence on the Effective Date are subject to a Control Agreement in favor of the Collateral Agent in accordance with the terms of this Section 6.6 and the Post Closing Letter, the Designated Deposit Account shall maintain funds of not less than an amount equal to the aggregate principal amount of Term Loans which have been funded.
Other than as may be set forth in the Post Closing Letter, notwithstanding anything to the contrary contained in Sections 2.1 and 2.2, if any Pledged Equity Interests are uncertificated securities, the respective Pledgor hereby notifies the Pledgee thereof in Annex A hereof, and hereby represents that it has taken all actions required to perfect the security interest of the Pledgee in such uncertificated Pledged Equity Interests under applicable law.
The filings of record in public offices indicated on Annex 6.2(x) only until such time as they are required to be released pursuant to the terms of the Post Closing Letter, from the Borrower to the Lender, dated as of the date hereof.