Common use of Conditions Precedent to Making of Loans on the Closing Date Clause in Contracts

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make any additional Revolving Loans and the Term Loan on the Closing Date, and the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of Credit, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender: (a) This Agreement and the other Loan Documents, including each Mortgage to be delivered on the Closing Date, shall have been executed by each party thereto and the Loan Parties shall have performed and complied in all material respects with all covenants, agreements and conditions contained herein and the other Loan Documents which are required to be performed or complied with by the Loan Parties before or on the Closing Date. (b) [RESERVED]. (c) All representations and warranties made hereunder and in the other Loan Documents shall be true and correct as if made on such date.

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make any additional the initial Revolving Loans and the Term Loan on the Closing DateDate and to make the Term Loan, and the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of CreditCredit on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner reasonably satisfactory to the Agent and each Lender: (a) This Agreement and the other Loan Documents, including each Mortgage to be delivered on the Closing Date, Documents shall have been executed by each party thereto and the Loan Parties Borrower and each Guarantor shall have performed and complied in all material respects with all covenants, agreements and conditions contained herein and the other Loan Documents which are required to be performed or complied with by the Loan Parties Borrower and each Guarantor before or on the such Closing Date. (b) [RESERVED]. (c) All representations and warranties made hereunder and in the other Loan Documents shall be true and correct as if made on such date.