Reserved; and Sample Clauses
The clause titled "Reserved; and" serves as a placeholder within a contract, indicating that a section or provision is intentionally left blank for potential future use or to maintain consistent numbering and formatting. In practice, this clause does not impose any obligations or rights on the parties and contains no substantive content. Its core function is to preserve the structure of the agreement, ensuring clarity and organization, and to allow for easy insertion of additional terms if needed in the future without disrupting the document's sequence.
Reserved; and. The parties will have received the opinion of the law firm of Dechert LLP (based on certain facts, assumptions and representations), addressed to Acquiring Fund and Acquired Fund, substantially to the effect that, for federal income tax purposes:
Reserved; and. (i) The Agent (at the direction of the Required Lenders) shall not have issued notice to the Borrower that, in the Required Lenders’ reasonable discretion, the Required Lenders have determined that a proposed acquisition is not a Permitted Acquisition as a result of the Borrower’s failure to satisfy any of the conditions set forth in paragraphs (a) through (h) of this Section 6.17.B, any such notice to be delivered to the Borrower within 15 days of receipt of notice from the Borrower required by paragraph (a) of this Section 6.17.B and such notice to set forth, in reasonable detail, the basic for such determination by the Required Lenders. Each acquisition consummated in accordance with the provisions of subsections 6.17.A and B shall be referred to as a “Permitted Acquisition”.
Reserved; and the assignee shall not be a Competitor, provided that a list of Competitors shall have been made available to Lender prior to any assignment.
Reserved; and the Borrower shall have (i) delivered to the Administrative Agent a certificate of a Responsible Officer certifying that all of the requirements set forth above have been satisfied or will be satisfied on or prior to the consummation of such purchase or other Acquisition and (ii) provided such other documents and other information as may be reasonably requested by the Administrative Agent or the Required Lenders (through the Administrative Agent) in connection with such purchase or other Acquisition.
Reserved; and. (i) contingent liabilities in respect of any indemnification obligation, adjustment of purchase price, non-compete, or similar obligation of any Loan Party incurred in connection with the consummation of one or more Permitted Acquisitions;
(j) the ▇▇▇▇▇.▇▇▇ Earnout Payments in an aggregate principal amount not exceeding $3,000,000; provided that such amounts are paid in accordance with the terms of the ▇▇▇▇▇.▇▇▇ Acquisition Agreement, as in effect on the Effective Date;
Reserved; and. The Loan Parties shall have satisfied the Acquisition Conditions or the Availability Conditions.