Common use of Documents in Satisfactory Form Clause in Contracts

Documents in Satisfactory Form. All proceedings taken prior to or at the Closing in connection with the amendment and restatement of the First Amended and Restated Securities Purchase Agreement and the First Amended Term B Note, the issuance and sale of the Bridge Note and the Term C Note and the consummation of the other transactions contemplated hereby (including the MFN Merger), and all papers and other documents relating thereto, shall be in form and substance satisfactory to the Purchaser and its legal counsel, and the Purchaser shall have received copies of such documents and papers, all in form and substance satisfactory to the Purchaser and its counsel, all such documents, where appropriate, to be counterpart originals and/or certified by proper authorities, corporate officials and other Persons. Without limiting the generality of the foregoing, the Company shall have made such arrangements as may be requested by the Purchaser (a) to ensure that the proceeds from the issuance and sale of the Bridge Note and the Term C Note will be applied in the manner set forth in SECTION 2.4 and (b) for the direct payment to the Purchaser's third party service providers of the costs and expenses incurred by the Purchaser, as provided in SECTION 11.8.

Appears in 1 contract

Sources: Securities Purchase Agreement (Consumer Portfolio Services Inc)

Documents in Satisfactory Form. All proceedings taken prior to or at the Closing in connection with the issuance and sale of the Term A Note, the amendment and restatement of the First Amended and Restated November 1998 Securities Purchase Agreement and the First Amended April 1999 Note into the Term B Note, the issuance and sale grant of Liens in favor of the Bridge Note and the Term C Note Purchaser and the consummation of the other transactions contemplated hereby (including the MFN Merger)hereby, and all papers and other documents relating thereto, shall be in form and substance satisfactory to the Purchaser and its legal counsel, and the Purchaser shall have received copies of such documents and papers, all in form and substance satisfactory to the Purchaser and its counsel, all such documents, where appropriate, to be counterpart originals and/or and/ or certified by proper authorities, corporate officials and other Persons. Without limiting the generality of the foregoing, the Company shall have made such arrangements as may be requested by the Purchaser (a) to ensure that the proceeds from the issuance and sale of the Bridge Note and the Term C A Note will be applied in the manner set forth in SECTION 2.4 Section 2.5 and (b) for the direct payment to the Purchaser's third party service providers of the costs and expenses incurred by the Purchaser, as provided in SECTION 11.8Section 11.10.

Appears in 1 contract

Sources: Securities Purchase Agreement (Levine Leichtman Capital Partners Ii Lp)