Phase 1 Closing Date definition
Examples of Phase 1 Closing Date in a sentence
- QHPC hereby represents and warrants to AHC that the statements set forth in this Article III are true and correct as of the date hereof and shall be true and correct as of the Phase 1 Closing Date, except as set forth in the applicable Disclosure Schedule, as may be supplemented or amended prior to the Phase 1 Closing Date pursuant to Section 8.2(a)(v). 
- Each Legacy Owner represents and warrants on behalf of itself to AHC that the statements set forth in this Article V with respect to such Legacy Owner are true and correct as of the date hereof and shall be true and correct as of the Phase 1 Closing Date, except as set forth in the applicable Disclosure Schedule, as may be supplemented or amended by each Legacy Owner prior to the Phase 1 Closing Date pursuant to Section 8.2(a)(v). 
- Seller has incurred no obligations relating to the installation of or connection to any sanitary sewers or storm sewers which shall be enforceable against the Property, and, to the extent that Seller is obligated to do so, all public improvements ordered, advertised, commenced or completed prior to the Phase 1 Closing Date shall be paid for in full by Seller prior to the Phase 1 Closing Date. 
- The Ceding Company and the Reinsurer agree that the Existing IMR Amount and the Transaction IMR Amount as of the Phase 1 Closing Date were calculated by the Ceding Company and ceded to the Reinsurer. 
- On the Phase 2 Closing Date, after giving effect to the application of the proceeds of the Loans made on the Phase 1 Closing Date and the Phase 2 Closing Date, the outstanding principal amount of the Term Loan B (as defined in the JPMorgan Facility) shall be no greater than $250,000,000. 
- On or prior to the date that is thirty (30) days after (x) the Phase 1 Closing Date and (y) each Upsize Effective Date (or, in each case, such later date acceptable to the Administrative Agent in its sole discretion), the Borrowers shall enter into Rate Contracts hedging interest rate exposure with respect to a notional amount equal to at least 50% of the outstanding principal amount of the Loans as of the Phase 1 Closing Date or the applicable Upsize Effective Date. 
- AHC hereby represents and warrants to the Legacy Owners and the Quartz Parent Entities that the statements set forth in this Article II are true and correct as of the date hereof and shall be true and correct as of the Phase 1 Closing Date, except as set forth in the applicable Disclosure Schedule, as may be supplemented or amended prior to the Phase 1 Closing Date pursuant to Section 8.1(a)(iii). 
- Notwithstanding anything to the contrary in this Credit Agreement or any other Fundamental Document, the Borrowers and Guarantors shall not, without the prior written consent of the Administrative Agent, cause or permit any change in application of GAAP, or any method of GAAP utilized, by the Borrowers and Guarantors in their Financial Statements after the Phase 1 Closing Date. 
- Provide, within ninety (90) days after the Phase 1 Closing Date (for Library Titles as of the Phase 1 Closing Date) or the Phase 2 Closing Date (for Library Titles included in Annex A on the Phase 2 Closing Date), executed Laboratory Agreements sufficient to fully exploit the rights held by any Borrower or Receivables Sub in such Library Title for each laboratory or facility that is holding physical elements or digital masters. 
- Except with respect to the Borrowing made on the Phase 1 Closing Date, the Borrowers shall have delivered a Compliance Certificate giving pro forma effect to such Borrowing.