Adequacy of Collateral. All of the conditions to the effectiveness of the Collateral Agreement specified in Article XIII thereof shall have occurred and the Administrator shall have confirmed to the Bank pursuant to Section 3.1(a) thereof that the Collateral Value of the Collateral Pool is sufficient to secure all of the initial Committed Loan.
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Sources: Credit Agreement (Piper Jaffray Companies Inc), Credit Agreement (Piper Jaffray Companies Inc)
Adequacy of Collateral. All of the conditions to the effectiveness of the Collateral Agreement specified in Article XIII thereof shall have occurred and the The Administrator shall have confirmed to the Bank pursuant to Section 3.1(a) thereof of the Collateral Agreement that the Collateral Value of the Collateral Pool is sufficient to secure all of the initial such Committed Loan.
Appears in 2 contracts
Sources: Credit Agreement (Piper Jaffray Companies Inc), Credit Agreement (Piper Jaffray Companies Inc)
Adequacy of Collateral. All of the conditions to the effectiveness of the Collateral Agreement specified in Article XIII XII thereof shall have occurred and the Administrator shall have confirmed to the Bank pursuant to Section 3.1(a) thereof that the Collateral Value of the Collateral Pool is sufficient to secure all of the initial Committed Loan.
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Adequacy of Collateral. All of the conditions to the effectiveness of the Collateral Agreement specified in Article XIII thereof shall have occurred and the The Administrator shall have confirmed to the Bank pursuant to Section 3.1(a) thereof of the Collateral Agreement that the Collateral Value of the Collateral Pool is sufficient to secure all of the initial such Committed Loan.. 3.2
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