Common use of Conditions to Each Closing Clause in Contracts

Conditions to Each Closing. Notwithstanding anything herein contained, the obligation of each Lender to consummate the purchase of the Debentures at the Initial Closing and each Additional Closing, if any, and to pay the Purchase Price will be subject to the fulfillment of the following conditions at or prior to each Closing Date, and the Borrowers covenant to use their respective commercially reasonable efforts to ensure that such conditions are fulfilled.