Conditions Precedent to Loans and Letters of Credit. 57 Section 3.1. Conditions to Effectiveness 57 Section 3.2. Conditions to Each Credit Event 60 Section 3.3. Delivery of Documents 60
Conditions Precedent to Loans and Letters of Credit. 32 Section 3.1 Conditions To Effectiveness.................................................32 Section 3.2 Each Credit Event...........................................................33 Section 3.3 Delivery of Documents.......................................................34
Conditions Precedent to Loans and Letters of Credit. The agreement of each Bank to make the initial extension of credit requested to be made by it is subject to the satisfaction, prior to or concurrently with the making of such extension of credit on the Closing Date, of the following conditions precedent:
Conditions Precedent to Loans and Letters of Credit. In addition to the requirements of Section 5.01, the obligation of each Lender to make any Loan and the obligation of CIT or any Lender to assist the Administrative Borrower in obtaining the issuance of any Letter of Credit is subject to the fulfillment, in a manner satisfactory to the Agent, of each of the following conditions precedent:
Conditions Precedent to Loans and Letters of Credit. Notwithstanding any other provision of this Agreement, the initial Loans will not be made, and no Letters of Credit will be issued, until the fulfillment of each of the following conditions prior to or contemporaneously with the making of the first to be made of such Loans or issuance of such Letters of Credit:
Conditions Precedent to Loans and Letters of Credit. The obligation of the Bank to issue any Letter of Credit, if applicable, or to make any loan under or pursuant to this Agreement shall be subject to the following conditions precedent:
Conditions Precedent to Loans and Letters of Credit. 53 Section 3.1. Conditions To Effectiveness 53 Section 3.2. Each Credit Event 55 Section 3.3. Delivery of Documents 57 TABLE OF CONTENTS (continued) Page ARTICLE IV REPRESENTATIONS AND WARRANTIES 57 Section 4.1. Existence; Power 57 Section 4.2. Organizational Power; Authorization 57 Section 4.3. Governmental Approvals; No Conflicts 57 Section 4.4. Financial Statements 57 Section 4.5. Litigation and Environmental Matters 58 Section 4.6. Compliance with Laws and Agreements; Note Purchase Agreement Representations 58 Section 4.7. Investment Company Act, Etc. 58 Section 4.8. Taxes 58 Section 4.9. Margin Regulations 59 Section 4.10. ERISA 59 Section 4.11. Ownership of Property 60 Section 4.12. Disclosure 60 Section 4.13. Labor Relations 60 Section 4.14. Subsidiaries 61 Section 4.15. Personal Holding Company; Subchapter S 61 Section 4.16. Solvency 61 Section 4.17. Foreign Assets Control Regulations, Etc. 61 Section 4.18. OFAC 61 Section 4.19. Capital 62 Section 4.20. Health Care Permits 62 Section 4.21. Health Care Laws 62 Section 4.22. HIPAA 63 ARTICLE V AFFIRMATIVE COVENANTS 64 Section 5.1. Financial Statements and Other Information 64 Section 5.2. Notices of Material Events 66 Section 5.3. Existence; Conduct of Business 67 Section 5.4. Compliance with Laws, Etc. 67 Section 5.5. Payment of Obligations 67 Section 5.6. Books and Records 67 Section 5.7. Visitation, Inspection, Etc. 67 Section 5.8. Maintenance of Properties; Insurance 68 Section 5.9. Use of Proceeds 68 Section 5.10. Additional Subsidiaries 68 Section 5.11. Security Documents 69 Section 5.12. Health Care 70 Section 5.13. Further Assurances 70 Section 5.14. Covenant to Secure Obligations Equally 70 Section 5.15. Guaranteed Obligations 70 TABLE OF CONTENTS (continued) Page ARTICLE VI FINANCIAL COVENANTS 71 Section 6.1. Leverage Ratio 71 Section 6.2. Interest Coverage Ratio 71 Section 6.3. Consolidated Net Worth 71 ARTICLE VII NEGATIVE COVENANTS 71 Section 7.1. Indebtedness 71 Section 7.2. Negative Pledge 72 Section 7.3. Fundamental Changes 73 Section 7.4. Investments, Loans, Etc. 73 Section 7.5. Restricted Payments 74 Section 7.6. Sale of Assets 75 Section 7.7. Transactions with Affiliates 75 Section 7.8. Restrictive Agreements 75 Section 7.9. Sale and Leaseback Transactions 76 Section 7.10. Hedging Agreements 76 Section 7.11. Amendment to Material Documents 76 Section 7.12. Accounting Changes 77 Section 7.13. Acquisitions 77 Section 7.14. Subsidiaries 77 Section 7.15. ERISA Violation 78 Section 7.16...
Conditions Precedent to Loans and Letters of Credit. The obligation of the Lender to make Loans or issue Letters of Credit hereunder shall be subject to the satisfaction of each of the following conditions:
Conditions Precedent to Loans and Letters of Credit. Section 3.1. Conditions To Effectiveness. *
Conditions Precedent to Loans and Letters of Credit. As a condition precedent to the Administrative Agent or any Lender making any Loan (including the initial Loans on the Effective Date), or the Agents assisting the Borrowers in establishing, or opening any Letter of Credit (including the initial Letters of Credit on the Effective Date), each of the following conditions precedent shall be fulfilled in a manner satisfactory to the Administrative Agent;
