Conditions of Initial Credit Extension The obligation of the L/C Issuer and each Lender to make its initial Credit Extension hereunder is subject to satisfaction of the following conditions precedent:

Conditions to all Credit Extensions. 79

Conditions Precedent to Initial Credit Extension. Bank’s obligation to make the initial Credit Extension is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, such documents, and completion of such other matters, as Bank may reasonably deem necessary or appropriate, including, without limitation:

Each Credit Extension. The Lenders and Issuers shall not be required to make any Credit Extension unless the conditions set forth in [Section 4.1] have been satisfied and on the applicable Borrowing Date or issuance date:

Extension of Credit. The Lender hereby agrees to extend credit to the Companies in the amount of $75,000 (the “Facility”). The funds will be wired directly to the account of ​/​ Research Canada, Inc.

Section # Conditions to Initial Credit Extension. The obligation of each Lender to make a Credit Extension hereunder on the Closing Date is subject to satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent:

SECTION # AFFIRMATIVE COVENANTS 4041

Request for Credit Extension. Administrative Agent shall have received in accordance with this Agreement, as the case may be, a Revolving Credit Borrowing Request, Letter of Credit Application or Swing Line Loan Request, as applicable, pursuant to Administrative Agent’s requirements and executed by a Responsible Officer of Borrower;

“Tranche” means # with respect to Term Loans or commitments, refers to whether such Term Loans or commitments are # Tranche B-1 Term Loans or Tranche B-1 Term Loan Commitments, # New Term Loans with the same terms and conditions made on the same day and increased from time to time or # Extended Term Loans (of the same Extension Series) and # with respect to Revolving Credit Loans or commitments, refers to whether such Revolving Credit Loans or commitments are # Initial Revolving Credit Commitments or Initial Revolving Credit Loans or # Extended Revolving Credit Loans or Extended Revolving Credit Commitments (of the same Extension Series).

#Conditions to Closing Date . The occurrence of the Closing Date, and the agreement of each Bank to make the initial Extension of Credit requested to be made by it on or after the Closing Date, shall be subject to the satisfaction, on or prior to December 23, 2016, of the following conditions precedent: