Common use of Conditions to Borrowing Clause in Contracts

Conditions to Borrowing. 35 5.1. Initial Borrowing......................................... 35 5.1.1.Resolutions, etc.......................................... 35 ▇.▇.▇.▇▇▇▇▇▇▇▇ of Notes......................................... 36 5.1.3.Applicable Margin......................................... 36 5.1.4.Guaranty.................................................. 36 5.1.5.Pledge Agreements......................................... 36 ▇.▇.▇.▇▇▇▇▇▇▇▇ Agreement........................................ 36 5.1.7.Intellectual Property Assignment.......................... 37 5.1.8.Opinions of Counsel....................................... 37 5.1.9.Agreements................................................ 37 5.1.10.Closing Fees, Expenses, etc.............................. 37 5.2. All Borrowings and Letters of Credit...................... 37 5.2.1.Compliance with Warranties, No Default, etc............... 37 5.2.2.Borrowing Request; LC Notice.............................. 38 5.2.3.Satisfactory Legal Form................................... 38 ARTICLE VI

Appears in 1 contract

Sources: Credit Agreement (Novamed Eyecare Inc)

Conditions to Borrowing. 35 5.1. 39 SECTION 5.1 Initial Borrowing......................................... 35 5.1.1.Resolutions...........................................................39 SECTION 5.1.1 Resolutions, etc.......................................... 35 ▇.▇.▇.▇▇▇▇▇▇▇▇ .......................................................40 SECTION 5.1.2 Delivery of Notes......................................... 36 5.1.3.Applicable ......................................................40 SECTION 5.1.3 Applicable Margin......................................... 36 5.1.4.Guaranty.................................................. 36 5.1.5.Pledge ......................................................40 SECTION 5.1.4 Guaranty...............................................................40 SECTION 5.1.5 Pledge Agreements......................................... 36 ▇.▇.▇.▇▇▇▇▇▇▇▇ Agreement........................................ 36 5.1.7.Intellectual ......................................................40 SECTION 5.1.6 Security Agreements....................................................40 SECTION 5.1.7 Intellectual Property Assignment.......................... 37 5.1.8.Opinions .......................................41 SECTION 5.1.8 Opinions of Counsel....................................... 37 5.1.9.Agreements................................................ 37 5.1.10.Closing ....................................................41 SECTION 5.1.9 Agreements.............................................................41 SECTION 5.1.10 Closing Fees, Expenses, etc.............................. 37 5.2. ...........................................41 SECTION 5.2 All Borrowings and Letters of Credit...................... 37 5.2.1.Compliance with Warranties, No Default, etc............... 37 5.2.2.Borrowing Request; LC Notice.............................. 38 5.2.3.Satisfactory Legal Form................................... 38 ARTICLE VI........................................41

Appears in 1 contract

Sources: Credit Agreement (Novamed Eyecare Inc)

Conditions to Borrowing. 35 5.1. SECTION 5.1 Initial Borrowing......................................... ...............................................35 5.1.1.ResolutionsSECTION 5.1.1 Resolutions, etc.......................................... 35 ▇.▇.▇.▇▇▇▇▇▇▇▇ ............................................36 SECTION 5.1.2 Delivery of Notes......................................... ...........................................36 5.1.3.Applicable SECTION 5.1.3 Applicable Margin......................................... ...........................................36 5.1.4.Guaranty.................................................. SECTION 5.1.4 Guaranty....................................................36 5.1.5.Pledge SECTION 5.1.5 Pledge Agreements......................................... ...........................................36 ▇.▇.▇.▇▇▇▇▇▇▇▇ Agreement........................................ SECTION 5.1.6 Security Agreements.........................................36 5.1.7.Intellectual SECTION 5.1.7 Intellectual Property Assignment.......................... ............................37 5.1.8.Opinions SECTION 5.1.8 Opinions of Counsel....................................... .........................................37 5.1.9.Agreements................................................ SECTION 5.1.9 Agreements..................................................37 5.1.10.Closing SECTION 5.1.10 Closing Fees, Expenses, etc.............................. ................................37 5.2. SECTION 5.2 All Borrowings and Letters of Credit...................... 37 5.2.1.Compliance with Warranties, No Default, etc............... 37 5.2.2.Borrowing Request; LC Notice.............................. 38 5.2.3.Satisfactory Legal Form................................... 38 ARTICLE VI............................37

Appears in 1 contract

Sources: Credit Agreement (Novamed Eyecare Inc)

Conditions to Borrowing. 35 5.1. 38 SECTION 5.1 Initial Borrowing......................................... 35 5.1.1.Resolutions.............................................................38 SECTION 5.1.1 Resolutions, etc.......................................... 35 ▇.▇.▇.▇▇▇▇▇▇▇▇ .........................................................39 SECTION 5.1.2 Delivery of Notes......................................... 36 5.1.3.Applicable ........................................................39 SECTION 5.1.3 Applicable Margin......................................... 36 5.1.4.Guaranty.................................................. 36 5.1.5.Pledge ........................................................39 SECTION 5.1.4 Guaranty.................................................................39 SECTION 5.1.5 Pledge Agreements......................................... 36 ▇.▇.▇.▇▇▇▇▇▇▇▇ Agreement........................................ 36 5.1.7.Intellectual ........................................................39 SECTION 5.1.6 Security Agreements......................................................39 SECTION 5.1.7 Intellectual Property Assignment.......................... 37 5.1.8.Opinions .........................................40 SECTION 5.1.8 Opinions of Counsel....................................... 37 5.1.9.Agreements................................................ 37 5.1.10.Closing ......................................................40 SECTION 5.1.9 Agreements...............................................................40 SECTION 5.1.10 Closing Fees, Expenses, etc.............................. 37 5.2. .............................................40 SECTION 5.2 All Borrowings and Letters of Credit...................... 37 5.2.1.Compliance with Warranties, No Default, etc............... 37 5.2.2.Borrowing Request; LC Notice.............................. 38 5.2.3.Satisfactory Legal Form................................... 38 ARTICLE VI..........................................40

Appears in 1 contract

Sources: Credit Agreement (Novamed Eyecare Inc)

Conditions to Borrowing. 35 5.1. 38 SECTION 5.1 Initial Borrowing......................................... 35 5.1.1.ResolutionsBorrowing .......................................................... 38 SECTION 5.1.1 Resolutions, etc.......................................... 35 ▇.▇.▇.▇▇▇▇▇▇▇▇ etc ........................................................ 38 SECTION 5.1.2 Delivery of Notes......................................... 36 5.1.3.Applicable Margin......................................... 36 5.1.4.Guaranty.................................................. 36 5.1.5.Pledge Agreements......................................... 36 ▇.▇.▇.▇▇▇▇▇▇▇▇ AgreementNotes ....................................................... 38 SECTION 5.1.3 Applicable Margin ....................................................... 38 SECTION 5.1.4 Guaranty ................................................................ 38 SECTION 5.1.5 Pledge Agreements ....................................................... 38 SECTION 5.1.6 Security Agreements ..................................................... 38 SECTION 5.1.7 Intellectual Property Assignment ........................................ 36 5.1.7.Intellectual Property Assignment.......................... 37 5.1.8.Opinions 39 SECTION 5.1.8 Opinions of Counsel....................................... 37 5.1.9.Agreements................................................ 37 5.1.10.Closing Counsel ..................................................... 39 SECTION 5.1.9 Agreements .............................................................. 39 SECTION 5.1.10 Closing Fees, Expenses, etc.............................. 37 5.2. etc ............................................ 40 SECTION 5.2 All Borrowings and Letters of Credit...................... 37 5.2.1.Compliance with Warranties, No Default, etc............... 37 5.2.2.Borrowing Request; LC Notice.............................. 38 5.2.3.Satisfactory Legal Form................................... 38 ARTICLE VICredit ....................................... 40

Appears in 1 contract

Sources: Credit Agreement (Novamed Eyecare Inc)