Conditions Precedent to the Initial Extension of Credit. The obligation of the Lender Group (or any member thereof) to make the initial Advance (or otherwise to extend any credit provided for hereunder), is subject to the fulfillment, to the satisfaction of Agent, of each of the conditions precedent set forth below: (a) the Closing Date shall occur on or before April 16, 2001; (b) Agent shall have received all financing statements required by Agent, duly executed by the applicable Borrowers, and Agent shall have received searches reflecting the filing of all such financing statements; (c) Agent shall have received each of the following documents, in form and substance satisfactory to Agent, duly executed, and each such document shall be in full force and effect: (i) [Intentionally Omitted] (ii) the Disbursement Letter, (iii) the Due Diligence Letter, (iv) the Fee Letter, (v) the Guaranties, (vi) the Cash Management Agreements, (vii) the Contribution Agreement,
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Conditions Precedent to the Initial Extension of Credit. The obligation of the Lender Group (or any member thereof) to make the initial Advance (or otherwise to extend any credit provided for hereunder), is subject to the fulfillment, to the satisfaction of Agent, of each of the conditions precedent set forth below:
(a) the Closing Date shall occur on or before April 16May 31, 20012002;
(b) Agent shall have received filed all financing statements required by Agent, duly executed by the applicable BorrowersBorrower, and Agent shall have received searches reflecting the filing of all such financing statements;
(c) Agent shall have received each of the following documents, in form and substance satisfactory to Agent, duly executed, and each such document shall be in full force and effecteffect and, if required by Agent, recorded in the appropriate filing office:
(i) [Intentionally Omitted]Reserved
(ii) the Disbursement LetterGuaranty,
(iii) the Due Diligence LetterMortgages,
(iv) the Fee LetterCopyright Security Agreement,
(v) the GuarantiesPatent Security Agreement,
(vi) the Trademark Security Agreement,
(vii) the Cash Management Agreements,
(viiviii) the Contribution any other Control Agreements,
(ix) Bailee Acknowledgements with respect to each leased location which is not subject to a Collateral Access Agreement,;
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Conditions Precedent to the Initial Extension of Credit. The obligation of the Lender Group (or any member thereof) to make the initial Advance (or otherwise to extend any credit provided for hereunder)) on the Closing Date, is subject to the fulfillment, to the satisfaction of Agent, of each of the conditions precedent set forth below:
(a) the Closing Date shall occur on or before April 16, 2001;
(b) Agent shall have received all financing statements required by Agent, duly executed by the applicable Borrowers, and Agent shall have received searches reflecting the filing of all such financing statements;
(c) Agent shall have received each of the following documents, in form and substance satisfactory to Agent, duly executed, and each such document shall be in full force and effect:
(i) [Intentionally Omitted]
(ii) the Disbursement Letter,
(iii) the Due Diligence Letter,
(iv) the Fee Letter,
(v) the Guaranties,
(vi) the Cash Management Agreements,
(vii) the Contribution Agreement,
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