New Loan Documents Sample Clauses

New Loan Documents. The New Loan Documents shall have each been duly executed and delivered by the respective parties thereto.
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New Loan Documents. Parent and the other borrowers and guarantors, if any, thereunder, shall have executed and delivered each of the New Loan Documents to the lenders or holders thereunder, unless Parent pays cash in lieu of the full Aggregate New Notes Amount pursuant to Section 3.4(b)(ii). 77
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New Loan Documents. Agent shall have received the New Loan Documents, each been duly executed and delivered by Borrower.
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New Loan Documents. The Company and the Investor shall enter into new loan documents in the substantially the form of the Note Purchase Agreement, Secured Promissory Note, Pledge Agreement and Guaranty Agreement attached hereto as Annexes “A,” “B,” “C’” and “D” attached hereto and incorporated herein reference for all purposes (the “New Loan Documents”). The New Loan Documents shall provide for the consolidation and cancellation of the Existing Notes and the loan of the Additional Loan Amount under a new Secured Promissory Note on the terms set forth therein, which new Secured Promissory Note will be secured by a pledge of all of the membership interests of the Company’s wholly owned subsidiary, Provident Energy Associates of Montana, LLC, a Montana limited liability company, and the guaranty of the indebtedness set forth therein by the Company’s parent Corporation, Arkanova Energy Corporation (“AEC”). Interest on the Existing Notes shall be paid in full in unregistered shares of the common stock of AEC at the time of the signing of the New Loan Documents on the terms set forth therein. At the time of signing of the new Secured Promissory Note and the issuance of shares of AEC in payment of the accrued interest thereunder, the Existing Notes shall be deemed cancelled and consolidated into the new Secured Promissory Note.
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New Loan Documents. An authorized officer of Borrower shall have properly executed and delivered each New Loan Document to which it is a party, each in form and substance satisfactory to the Agent and Lenders. An authorized officer of each Guarantor shall have properly executed and delivered each New Loan Document to which such Guarantor is a party, each in form and substance satisfactory to the Agent and Lenders.
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New Loan Documents. The obligation of Lender to enter into this Agreement shall be subject to Original Borrower and/or Borrower having delivered or causing to be delivered on or prior to the date of this Agreement the New Loan Documents in form and substance acceptable to Lender.
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Related to New Loan Documents

  • Existing Loan Documents Copies of all Existing Loan Documents.

  • Loan Documents Borrower shall provide to Lender the following documents for the Loan: (1) the Note; (2) Security Agreements granting to Lender security interests in the Collateral; (3) financing statements and all other documents perfecting Lender's Security Interests; (4) evidence of insurance as required below; (5) together with all such Related Documents as Lender may require for the Loan; all in form and substance satisfactory to Lender and Lender's counsel.

  • Senior Loan Documents Borrower represents and warrants that it has provided PFG with true and complete copies of all existing Senior Loan Documents, and Borrower covenants that it will, in the future, provide PFG with true and complete copies of any future Senior Loan Documents, including without limitation any amendments to any existing Senior Loan Documents.

  • Other Loan Documents The occurrence of any default under any Loan Document or any other agreement between Borrower and Lender and such default continues for more than ten (10) days after the earlier of (a) Lender has given notice of such default to Borrower, or (b) Borrower has actual knowledge of such default; or

  • Perform Loan Documents Borrower shall observe, perform and satisfy all the terms, provisions, covenants and conditions of, and shall pay when due all costs, fees and expenses to the extent required under the Loan Documents executed and delivered by, or applicable to, Borrower.

  • Credit Agreement; Loan Documents This Agreement or counterparts hereof shall have been duly executed by, and delivered to, Borrowers, each other Credit Party, Agent and Lenders; and Agent shall have received such documents, instruments, agreements and legal opinions as Agent shall reasonably request in connection with the transactions contemplated by this Agreement and the other Loan Documents, including all those listed in the Closing Checklist attached hereto as Annex D, each in form and substance reasonably satisfactory to Agent.

  • Required Loan Documents The Collateral Custodian will not dispose of any documents constituting the Required Loan Documents in any manner that is inconsistent with the performance of its obligations as the Collateral Custodian pursuant to this Agreement and will not dispose of any Collateral Portfolio except as contemplated by this Agreement.

  • Credit Documents The Administrative Agent shall have received:

  • Amendment of Loan Documents Grantor authorizes Bank, without notice or demand and without affecting its liability hereunder, from time to time to (a) renew, extend, or (with the approval of Borrower) otherwise change the terms of any Loan Document, or any part thereof; (b) take and hold security for the payment of any Loan Document, and exchange, enforce, waive and release any such security; and (c) apply such security and direct the order or manner of sale thereof as Bank in its sole discretion may determine.

  • Execution of Credit Agreement; Loan Documents The Administrative Agent shall have received (i) counterparts of this Agreement, executed by a Responsible Officer of each Loan Party and a duly authorized officer of each Lender, (ii) for the account of each Lender requesting a Note, a Note executed by a Responsible Officer of the Borrower, (iii) counterparts of the Security Agreement and each other Collateral Document, executed by a Responsible Officer of the applicable Loan Parties and a duly authorized officer of each other Person party thereto, as applicable and (iv) counterparts of any other Loan Document, executed by a Responsible Officer of the applicable Loan Party and a duly authorized officer of each other Person party thereto.

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