Conditions of Closing and Borrowing Clause Samples

Conditions of Closing and Borrowing. 37 SECTION 5.1 Closing.................................................................................... 37 SECTION 5.2 Conditions to Closing and Initial Extensions of Credit..................................... 37 SECTION 5.3 Conditions to All Extensions of Credit..................................................... 40

Conditions of Closing and Borrowing. SECTION 4.1 Conditions to Closing and Initial Extensions of Credit

Conditions of Closing and Borrowing. Section 5.1 Conditions to Closing. 64 Section 5.2 Conditions to All Extensions of Credit. 67 Section 5.3 Initial Extension of Credit to Each New Foreign Subsidiary Borrower. 68

Conditions of Closing and Borrowing. 28 SECTION 4.1 Conditions to Closing and Initial Extensions of Credit 28 SECTION 4.2 Conditions to All Extensions of Credit 29 ARTICLE V REPRESENTATIONS AND WARRANTIES OF THE CREDIT PARTIES 30 SECTION 5.1 Organization; Power; Qualification 30 SECTION 5.2 Ownership 30 SECTION 5.3 Authorization; Enforceability 30 SECTION 5.4 Compliance of Agreement, Loan Documents and Borrowing with Laws, Etc 30 SECTION 5.5 Compliance with Law; Governmental Approvals 31 SECTION 5.6 Taxes 31 SECTION 5.7 Intellectual Property Matters 31 SECTION 5.8 Environmental Matters 31 SECTION 5.9 Employee Benefit Matters 31 SECTION 5.10 Margin Stock 31 SECTION 5.11 Investment Company Act, Etc 32 SECTION 5.12 Employee Relations 32 SECTION 5.13 Financial Statements 32 SECTION 5.14 No Material Adverse Effect 32 SECTION 5.15 Solvency 32 SECTION 5.16 Title to Properties 32 SECTION 5.17 Litigation 32 SECTION 5.18 Sanctions; Anti-Corruption Laws and Anti-Money Laundering Laws 32 SECTION 5.19 Absence of Defaults 33 SECTION 5.20 Disclosure 33 ARTICLE VI AFFIRMATIVE COVENANTS 33 SECTION 6.1 Financial Statements and Budgets 33 SECTION 6.2 Certificates; Other Reports 34 SECTION 6.3 Notice of Litigation and Other Matters 35 SECTION 6.4 Preservation of Corporate Existence and Related Matters 36 SECTION 6.5 Maintenance of Properties 36 SECTION 6.6 Insurance 36 SECTION 6.7 Payment of Taxes 36 SECTION 6.8 Compliance with Laws and Approvals 36 SECTION 6.9 Compliance with Anti-Corruption Laws; Anti-Money Laundering Laws and Sanctions 36

Conditions of Closing and Borrowing. 22 SECTION 4.1. Closing............................................. 22 SECTION 4.2. Conditions to Closing and Initial Loan.............. 22

Conditions of Closing and Borrowing. 44 ----------------------------------------------------------------------------------------------- SECTION 6.1 Closing............................................................... 44 ------- SECTION 6.2 Conditions to Closing................................................. 44 --------------------- SECTION

Conditions of Closing and Borrowing. 36 SECTION 6.1. CLOSING.................................................. 36 SECTION 6.2. CONDITIONS OF LOAN....................................... 36 SECTION 6.3. CONDITIONS TO ALL LOANS, LETTERS OF CREDIT AND ACCEPTANCES.......................................... 39 SECTION 6.4. WAIVER OF CONDITIONS PRECEDENT........................... 40 ARTICLE VII

Conditions of Closing and Borrowing. 69 SECTION 6.1 Conditions to Closing and Initial Extensions of Credit 73 SECTION 6.2 Conditions to All Extensions of Credit 73 ARTICLE VII REPRESENTATIONS AND WARRANTIES OF THE CREDIT PARTIES 73 SECTION 7.1 Organization; Power; Qualification 74 SECTION 7.3 Authorization; Enforceability 74 SECTION 7.4 Compliance of Agreement, Loan Documents and Borrowing with Laws, Etc 75 SECTION 7.6 Tax Returns and Payments 75 SECTION 7.7 Intellectual Property Matters 75 SECTION 7.8 Environmental Matters 75 SECTION 7.9 Employee Benefit Matters 50788495_7 Page 76 SECTION 7.10 Margin Stock 76 SECTION 7.11 Government Regulation 77 SECTION 7.12 Material Contracts 77 SECTION 7.13 Employee Relations 77 SECTION 7.14 Financial Statements 77 SECTION 7.15 No Material Adverse Change 77 SECTION 7.16 Solvency 77 SECTION 7.17 Title to Properties 77 SECTION 7.18 Litigation 78 SECTION 7.19 Anti-Terrorism; Anti-Money Laundering 78 SECTION 7.20 Senior Indebtedness Status 78 SECTION 7.21 Disclosure 78 ARTICLE VIII AFFIRMATIVE COVENANTS 78 SECTION 8.1 Financial Statements and Budgets

Conditions of Closing and Borrowing. 35 - SECTION 4.1. Closing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . - 35 - SECTION 4.2. Conditions to Closing and Initial Loan . . . . . . . . . . . . . . . . . . . . . . . . . . - 35 - SECTION 4.3. Conditions to All Loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . - 39 -