Initial Transactions. The Company has complied with all agreements and satisfied all conditions on its part to be performed or satisfied in connection with the Initial Transactions as required by the applicable Transaction Agreement, applicable law and the Company’s charter and other organizational documents, and the Initial Transactions have been consummated.
Initial Transactions. (a) Upon the request of Parent, the Company shall furnish to Parent its reasonable, good faith estimate of the amount that the Company will be required to pay pursuant to Section 7.6(b)(i) and (ii) and of cash on hand of the Company and its Subsidiaries on the Closing Date.
Initial Transactions. The following transactions have occurred prior to the date hereof (the "Initial Transactions"):
Initial Transactions. Notwithstanding anything to the contrary in any Loan Document, nothing contained in this Article shall prevent the consummation of any of the Initial Transactions.
Initial Transactions. 6.1 On execution hereof:
Initial Transactions. The Agent on behalf of the Banks shall have received from the Company (i) a certificate from an authorized executive officer of the Company, dated as of the Effective Date, certifying that, substantially simultaneous with the Initial Loan, each of the Initial Transactions shall have been consummated, and attaching a true, complete and correct copy of each AHPI Merger Document, which shall be in form and substance reasonably satisfactory to the Agent and the Banks, and (ii) other evidence reasonably satisfactory to the Agent that the transactions described in clause (ii) of the definition of "Initial Transactions" shall have been consummated.
Initial Transactions. (a) Prior to the Effective Date:
Initial Transactions. (a) NNA Equity Issuance. Simultaneously herewith, NNA and Parent are consummating the NNA Equity Issuance, and in furtherance thereof, NNA hereby issues, sells and delivers to Parent, and Parent hereby subscribes for and purchases from NNA, effective as of the date hereof, 44,117,647 newly issued shares of NNA Common Stock (the “Equity Issuance Shares”), free and clear of any and all Liens (other than restrictions under applicable securities laws), for a price of $3.40 per share in cash and $150,000,000 in the aggregate (the “Aggregate Purchase Price”). Simultaneously herewith, Parent is remitting the Aggregate Purchase Price to NNA by wire transfer to an account of NNA. As promptly as practicable after the date hereof, NNA shall deliver to Parent a copy of the records of NNA’s transfer agent showing Parent as the registered owner of the Equity Issuance Shares.
Initial Transactions. The parties to this Master Agreement shall use commercially reasonable efforts to accomplish the following summarized transactions (collectively, the “Initial Transactions”) as soon as practicable, subject to the timing provisions set forth in the Related Transaction Documents, and all in accordance with and pursuant to the terms and provisions set forth in the applicable Related Transaction Documents:
Initial Transactions. The Administrative Agent shall have received a certificate, dated the Second Restatement Date and signed by the chief executive officer or the chief financial officer of each of the Parent and the Borrower (i) confirming that each Initial Transaction has been consummated in accordance with the terms and conditions of the applicable Initial Transaction Documents, all of which shall be in form and substance reasonably satisfactory to the Credit Parties, and (ii) attaching a true, complete and correct copy of each Initial Transaction Document, which shall be in form and substance reasonably satisfactory to the Credit Parties.
