(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 Financial support Observe is going to be conducted from the an authorized Administrator in the a writing taken to Administrative Broker, Expenses Broker and each Lender
(l) Achievement away from Legal proceeding. 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 very least a few (2) Business days ahead of particularly Credit Go out, Management Representative, Purchasing Agent and every Bank shall have obtained a fully carried out and you will produced Investment See along with a borrowing from online payday loans in IL the bank Legs Certification, evidencing enough Accessibility depending on the expected Finance, and you can a borrowing Foot Declaration;
(ii) pre and post to make people Finance requested with the such as Borrowing from the bank Go out, the full Using Requirements shall maybe not exceed new Borrowing from the bank Ft;
(iii) as of such as for example Borrowing Day, new representations and you will guarantees contains here as well as in the other Credit Documents will be genuine and you may correct in most issue respects into and also as of this Credit Time towards exact same the amount because the in the event made for the so that as of that big date (until such symbolization otherwise assurance refers to a certain time, in which particular case, they will be genuine and best in most issue areas since the of such go out);
(iv) by particularly Borrowing from the bank Time, no knowledge should features happened and be continuous or manage effect on consummation of one’s applicable Financing who would create an enthusiastic Feel off Standard otherwise a standard;
(vii) depending on the related Confirmation Enjoy to possess such as for instance Borrowing Go out, Plan II of such Confirmation Certification cards only about the fresh deeper off (i) 7 (8) of these Book Files assessed because of the Verification Agent otherwise (ii) 5% of such Rent files analyzed of the Verification Broker;
(viii) on the the amount the guarantee of every Book do result in the new aggregate Amortized Rent Value of the Renting the fresh Obligors out-of having charging you contact in any one county so you’re able to exceed twenty two.5% of the Amortized Rent Worth of the Bound Renting, an appropriate viewpoint regarding conformity that have laws this kind of condition, reasonably appropriate toward Management Broker; and you may
The obligation of any Lender while making any Loan with the any Borrowing from the bank Go out is susceptible to brand new satisfaction, or waiver relative to
The fresh Management Agent are entitled, however compelled to, consult and you can found, before the and make of every Mortgage, info reasonably satisfactory into Administrative Broker otherwise people Bank verifying the fulfillment of every of your foregoing when the, throughout the sensible discernment of one’s Management Representative or instance Bank such as for example request was rationalized beneath the points.
So you can trigger lenders to enter into it Arrangement and also to create for each Financing getting produced and therefore, Providers means and warrants to every Bank that every of their representations and you may warranties part of the Arrangement is actually genuine and right as of brand new Closure Time each Borrowing Day:
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 2, (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.