(k) Fl Documentary Stamp Taxation. Seller or Company shall have provided to Administrative Agent evidence that it has mailed payment to the Florida Department of Revenue of all amounts owed in relation to the Florida documentary stamp tax, in accordance with Rule 12B-4 of the Florida Administrative Code.
People Resource Find should be carried out because of the a 3rd party Manager into the a writing delivered to Management Agent, Spending Representative each Bank
(l) End out of Proceedings. All corporate, limited liability and other proceedings taken or to be taken in connection with the transactions contemplated hereby and all documents incidental thereto shall be reasonably satisfactory in form and substance to each Lender and the Administrative Agent, and each Lender, and the Administrative Agent shall have received all such counterpart originals or certified copies of such documents as they may request.
(i) about one or two (2) Working days in advance of for example Credit Day, Administrative Representative, Paying Agent and every Financial shall have received a fully performed and you will brought Money See and a borrowing from the bank Base Certificate, evidencing enough Access depending on the asked Finance, and you may a borrowing from the bank Ft Report;
(ii) both before and after and also make one Loans requested toward eg Credit Big date, the entire Using Duties should not meet or exceed the fresh new Credit Foot;
(iii) since instance Borrowing from the bank Time, brand new representations and you can warranties consisted of herein as well as in others Credit Data files might be true and correct in all point areas with the and as of the Borrowing from the bank Day towards exact same the total amount while the even though made into so that as of these date (except if these symbol or guarantee identifies a specific go out, whereby, they can be genuine and you may proper throughout situation areas due to the fact of such date);
(iv) at the time of such as Borrowing Go out, no knowledge should keeps happened and be continuing otherwise carry out impact regarding consummation of your relevant Loan get fast cash for you house Idaho who make up an Experiences out-of Default otherwise a standard;
(vii) depending on the related Verification Experiences to own such Credit Time, Schedule II of these Confirmation Certification notes just about this new deeper of (i) 7 (8) of such Lease Records examined by the Confirmation Agent or (ii) 5% of these Book data assessed by the Confirmation Broker;
(viii) with the the quantity that guarantee of any Lease do bring about brand new aggregate Amortized Lease Property value all of the Accommodations this new Obligors out-of which have charging addresses in every one to state so you can go beyond twenty two.5% of the Amortized Lease Value of all of the Pledged Renting, an appropriate viewpoint with respect to conformity having legislation this kind of condition, relatively appropriate towards Management Broker; and
The responsibility of any Bank and come up with people Mortgage on the people Credit Day are susceptible to new pleasure, or waiver in line with
The fresh new Management Agent shall be named, although not obligated to, request and you may receive, prior to the while making of every Financing, more info relatively high enough toward Management Broker or any Lender verifying the fresh pleasure of every of the foregoing if the, regarding the reasonable discretion of the Administrative Representative otherwise such as for example Lender eg consult is actually justified under the factors.
So you’re able to trigger lenders to go into on the which Arrangement in order to build for every Financing as produced and therefore, Company stands for and you will is deserving of to each Bank that each and every of their representations and you can guarantees contained in the Arrangement is actually genuine and best by the brand new Closure Date each Borrowing from the bank Time:
4.1 Organization; Requisite Power and Authority; Qualification; Other Namespany (a) is duly organized or formed, validly existing and in good standing under the laws of its jurisdiction of organization or formation as identified in Plan dos, (b) has all requisite power and authority to own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the Credit Documents to which it is a party and to carry out the transactions contemplated thereby and (c) is qualified to do business and in good standing in every jurisdiction where its assets are located and wherever necessary to carry out its business and operations, except in jurisdictions where the failure to be so qualified or in good standing has not had, and would not be expected to result in a Material Adverse Effectpany does not operate or do business under any assumed, trade or fictitious namepany has no Subsidiaries.