Conditions Precedent. This Eighth Amendment shall become effective as of the date hereof upon satisfaction of each of the following conditions precedent:

Conditions Precedent. This Amendment shall become effective as of the date hereof (the “Effective Date”) upon satisfaction of each of the following conditions precedent in each case in a manner reasonably satisfactory to the Administrative Agent:

Conditions Precedent. This Amendment shall be effective (the “Seventh Amendment Closing Date”) when the Lender shall have received a copy hereof executed by the Borrower.

Conditions Precedent. This Seventh Amendment shall become effective as of the date hereof upon satisfaction of each of the following conditions precedent:

Conditions Precedent. This Second Amendment shall be effective when the Agent shall have received an executed original hereof and each of the following documents (collectively, the “Second Amendment Documents”), along with the payment of a modification fee in the amount of $12,000: the Acknowledgment and Agreement of Guarantors set forth at the end of this Second Amendment, duly executed by the Guarantor.

Conditions Precedent. This Amendment shall become effective upon the satisfaction in full of each of the following conditions:

Conditions Precedent. The performance of every covenant to be performed by Borrower, and the truth of every representation made by Borrower, shall be a condition precedent to each and every advance to be made by Lender under the terms hereof, or to any other obligation whatsoever of Lender under the terms hereof; and, Lender shall not be required to make any advance to Borrower at a time that Borrower is then in default on any obligation to Lender, or in default hereunder or under any instrument executed pursuant hereto.

Conditions Precedent. Except as provided in Section 3.4, this Agreement shall not be binding unless and until each of the following conditions are satisfied (“Conditions Precedent”):

Conditions precedent to PEF’s obligations under this Agreement shall include, without limitation:

Conditions Precedent to Closing. In addition to those conditions precedent which are standard for similar transactions, closing of the Exchange will be subject to the following additional conditions: