(k) Fl Documentary Stamp Tax. 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 Observe are carried out from the a third party Manager from inside the an authorship delivered to Management Agent, Purchasing Agent and each Bank
(l) Completion out of Process. 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) at the least several (2) Working days ahead of instance Credit Go out, Administrative Representative, Paying Representative and every Lender will have received a totally conducted and you may put Money Notice including a borrowing from the bank Foot Certificate, evidencing enough Access with respect to the requested Money, and you can a borrowing Legs Report;
(ii) before and after and make people Loans asked on such Borrowing from the bank Big date, the total Using Duties will perhaps not go beyond the newest Borrowing from the bank Base;
(iii) as of particularly Borrowing from the bank Go out, brand new representations and you can warranties contains herein and in additional Borrowing from the bank Data shall be genuine and you may proper in all point respects into and as of this Credit Time towards exact same the total amount as even in the event produced on the so when of these date (unless any such icon or promise relates to a particular time, in which case, it will likely be real and you will correct throughout matter areas because of these time);
(iv) as of for example Borrowing Time, no knowledge should keeps took place and stay carried on or create impact in the consummation of one’s applicable Financing who would make-up a keen Knowledge from Default otherwise a default;
(vii) with respect to the related Confirmation Experiences getting such as for example Borrowing from the bank Date, Agenda II of such Confirmation Certification notes no more than the new better from (i) 7 (8) of these Rent Data files analyzed by the Confirmation Broker otherwise (ii) 5% of such Lease documents reviewed by the Confirmation Agent;
(viii) on the the amount the promise of every Lease manage cause the fresh aggregate Amortized Rent Value of all Renting the fresh Obligors of which have charging you addresses in every one condition to help you exceed twenty two.5% of your Amortized Book Worth of the https://paydayloansgeorgia.net/cities/blairsville/ Pledged Renting, a legal opinion with respect to conformity which have legislation such condition, relatively acceptable to the Management Representative; and
The responsibility of every Lender to make people Loan to the any Credit Day are at the mercy of the fulfillment, otherwise waiver prior to
The brand new Administrative Broker is named, not obligated to, consult and found, ahead of the and come up with of every Mortgage, addiitional information reasonably high enough to your Administrative Agent or one Financial guaranteeing the latest pleasure of every of your own foregoing in the event that, on reasonable discretion of your own Administrative Broker otherwise such as for example Lender eg request try warranted beneath the situations.
To cause lenders to go into with the this Contract also to make for every single Loan to be produced and so, Business is short for and you will is deserving of every single Bank that each of their representations and you can guarantees contained in the Contract was real and you will best at the time of this new Closing Big date and each Credit Big date:
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 Schedule 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.
