Common use of Conditions of Closing and Borrowing Clause in Contracts

Conditions of Closing and Borrowing. 31 Section 4.1 Conditions to Closing and Initial Loans 31 Section 4.2 Conditions to All Loans 33 ARTICLE V REPRESENTATIONS AND WARRANTIES 33 Section 5.1 Corporate Existence and Power 33 Section 5.2 Corporate Authorization; No Contravention 34 Section 5.3 Governmental Authorization 34 Section 5.4 Binding Effect 34 Section 5.5 Litigation 34 Section 5.6 No Default 35 Section 5.7 ERISA Compliance 35 Section 5.8 Use of Proceeds; Margin Regulations 35 Section 5.9 Title to Properties 35 Section 5.10 Taxes 36 Section 5.11 Financial Condition 36 Section 5.12 Environmental Matters 36 Section 5.13 Regulated Entities 36 Section 5.14 No Burdensome Restrictions 37 Section 5.15 Subsidiaries 37 Section 5.16 Insurance 37 Section 5.17 Full Disclosure 37 ARTICLE VI AFFIRMATIVE COVENANTS 38 Section 6.1 Financial Statements 38 Section 6.2 Certificates; Other Information 38 Section 6.3 Notices 39 Section 6.4 Preservation of Corporate Existence, Etc 40 Section 6.5 Maintenance of Property 41 Section 6.6 Insurance 41 Section 6.7 Payment of Obligations 41 Section 6.8 Compliance with Laws 41 Section 6.9 Compliance with ERISA 42 Section 6.10 Inspection of Property and Books and Records 42 Section 6.11 Environmental Laws 42 Section 6.12 Use of Proceeds 42 Section 6.13 OFAC, PATRIOT Act Compliance 42 ARTICLE VII NEGATIVE COVENANTS 42 Section 7.1 Limitation on Liens 42 Section 7.2 Disposition of Assets 44 Section 7.3 Consolidations and Mergers 44 Section 7.4 Loans and Investments 44 Section 7.5 Limitation on Subsidiary Debt 45 Section 7.6 Transactions with Affiliates 45 Section 7.7 Use of Proceeds 45 Section 7.8 ERISA 46 Section 7.9 Change in Business 46 Section 7.10 Restriction on Subsidiary Dividends 46

Conditions of Closing and Borrowing. 31 Section 4.1 6765 SECTION 5.1 Conditions to Closing and Initial Loans 31 Section 4.2 Extensions of Credit 6765 SECTION 5.2 Conditions to All Loans 33 Extensions of Credit 7068 ARTICLE V VI REPRESENTATIONS AND WARRANTIES 33 Section 5.1 Corporate Existence and Power 33 Section 5.2 Corporate OF THE CREDIT PARTIES 7069 SECTION 6.1 Organization; Power; Qualification 7069 SECTION 6.2 Ownership 7170 SECTION 6.3 Authorization; Enforceability 7170 SECTION 6.4 Compliance of Agreement, Loan Documents and Borrowing with Laws, Etc 7170 SECTION 6.5 Compliance with Law; Governmental Approvals 7270 SECTION 6.6 Tax Returns and Payments 7271 SECTION 6.7 Intellectual Property Matters 7271 SECTION 6.8 Environmental Matters 7271 SECTION 6.9 Employee Benefit Matters 7372 SECTION 6.10 Margin Stock 7473 SECTION 6.11 Government Regulation 7573 ii 142128979_6 170630523_7 TABLE OF CONTENTS (continued) Page SECTION 6.12 Material Contracts 7573 SECTION 6.13 Employee Relations 7574 SECTION 6.14 Financial Statements 7574 SECTION 6.15 No Contravention 34 Section 5.3 Governmental Authorization 34 Section 5.4 Binding Effect 34 Section 5.5 Litigation 34 Section 5.6 No Default 35 Section 5.7 ERISA Compliance 35 Section 5.8 Use of Proceeds; Margin Regulations 35 Section 5.9 Material Adverse Change 7574 SECTION 6.16 Solvency 7574 SECTION 6.17 Title to Properties 35 Section 5.10 Taxes 36 Section 5.11 Financial Condition 36 Section 5.12 Environmental Matters 36 Section 5.13 Regulated Entities 36 Section 5.14 No Burdensome Restrictions 37 Section 5.15 Subsidiaries 37 Section 5.16 Insurance 37 Section 5.17 Full 7674 SECTION 6.18 Litigation 7674 SECTION 6.19 Anti-Corruption Laws and Sanctions 7675 SECTION 6.20 Absence of Defaults 7675 SECTION 6.21 Disclosure 37 7675 ARTICLE VI VII AFFIRMATIVE COVENANTS 38 Section 6.1 7675 SECTION 7.1 Financial Statements 38 Section 6.2 and Budgets 7775 SECTION 7.2 Certificates; Other Information 38 Section 6.3 Notices 39 Section 6.4 Preservation of Corporate Existence, Etc 40 Section 6.5 Maintenance of Property 41 Section 6.6 Insurance 41 Section 6.7 Payment of Obligations 41 Section 6.8 Compliance with Laws 41 Section 6.9 Compliance with ERISA 42 Section 6.10 Inspection of Property and Books and Records 42 Section 6.11 Environmental Laws 42 Section 6.12 Use of Proceeds 42 Section 6.13 OFAC, PATRIOT Act Compliance 42 ARTICLE VII NEGATIVE COVENANTS 42 Section 7.1 Limitation on Liens 42 Section 7.2 Disposition of Assets 44 Section 7.3 Consolidations and Mergers 44 Section 7.4 Loans and Investments 44 Section 7.5 Limitation on Subsidiary Debt 45 Section 7.6 Transactions with Affiliates 45 Section 7.7 Use of Proceeds 45 Section 7.8 ERISA 46 Section 7.9 Change in Business 46 Section 7.10 Restriction on Subsidiary Dividends 46Reports 7876 SECTION 7.3

Conditions of Closing and Borrowing. 31 Section 4.1 69 SECTION 6.1 Conditions to Closing and Initial Loans 31 Section 4.2 Extensions of Credit 73 SECTION 6.2 Conditions to All Loans 33 Extensions of Credit 73 ARTICLE V VII REPRESENTATIONS AND WARRANTIES 33 Section 5.1 Corporate Existence and Power 33 Section 5.2 Corporate 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 Contravention 34 Section 5.3 Governmental Authorization 34 Section 5.4 Binding Effect 34 Section 5.5 Litigation 34 Section 5.6 No Default 35 Section 5.7 ERISA Compliance 35 Section 5.8 Use of Proceeds; Margin Regulations 35 Section 5.9 Material Adverse Change 77 SECTION 7.16 Solvency 77 SECTION 7.17 Title to Properties 35 Section 5.10 Taxes 36 Section 5.11 Financial Condition 36 Section 5.12 Environmental Matters 36 Section 5.13 Regulated Entities 36 Section 5.14 No Burdensome Restrictions 37 Section 5.15 Subsidiaries 37 Section 5.16 Insurance 37 Section 5.17 Full 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 37 78 ARTICLE VI VIII AFFIRMATIVE COVENANTS 38 Section 6.1 78 SECTION 8.1 Financial Statements 38 Section 6.2 Certificates; Other Information 38 Section 6.3 Notices 39 Section 6.4 Preservation of Corporate Existence, Etc 40 Section 6.5 Maintenance of Property 41 Section 6.6 Insurance 41 Section 6.7 Payment of Obligations 41 Section 6.8 Compliance with Laws 41 Section 6.9 Compliance with ERISA 42 Section 6.10 Inspection of Property and Books and Records 42 Section 6.11 Environmental Laws 42 Section 6.12 Use of Proceeds 42 Section 6.13 OFAC, PATRIOT Act Compliance 42 ARTICLE VII NEGATIVE COVENANTS 42 Section 7.1 Limitation on Liens 42 Section 7.2 Disposition of Assets 44 Section 7.3 Consolidations and Mergers 44 Section 7.4 Loans and Investments 44 Section 7.5 Limitation on Subsidiary Debt 45 Section 7.6 Transactions with Affiliates 45 Section 7.7 Use of Proceeds 45 Section 7.8 ERISA 46 Section 7.9 Change in Business 46 Section 7.10 Restriction on Subsidiary Dividends 46Budgets