Common use of Performance of Obligations of SIC Clause in Contracts

Performance of Obligations of SIC. SIC shall have (i) performed in all material respects all obligations required to be performed by it under this Agreement (other than its obligations under Section 7.15) at or prior to the Effective Time, and (ii) performed in all respects all obligations required to be performed by it under Section 7.15 at or prior to the Effective Time; and MCC shall have received a certificate signed on behalf of SIC by the Chief Executive Officer or the Chief Financial Officer of SIC to such effect.

Appears in 2 contracts

Sources: Merger Agreement (Sierra Income Corp), Merger Agreement (Medley Capital Corp)