This excerpt taken from the ALL 8-K filed May 9, 2007.
ARTICLE
5.
CONDITIONS
Section 5.1 Effective Date. The obligations of
the Lenders to make Loans hereunder shall not become effective until the date
on which each of the following conditions is satisfied (or waived in accordance
with Section 10.2):
(a) Credit Agreement. The Administrative Agent (or its counsel)
shall have received from each party hereto either (i) a counterpart of this
Credit Agreement signed on behalf of such party or (ii) written evidence
satisfactory to the Administrative Agent (which may include facsimile transmission
of a signed signature page of this Credit Agreement) that such party has signed
a counterpart of this Credit Agreement.
(b) Legal Opinions. The Administrative Agent shall have
received favorable written opinions (addressed to the Credit Parties and dated
the Effective Date) from (i) Mary J. McGinn, Secretary and Deputy General
Counsel of the Company and acting as counsel to the other Borrowers, and (ii)
LeBoeuf, Lamb, Greene & MacRae LLP, special New York counsel to the
Borrowers, substantially in the forms of Exhibit B and B-1,
respectively, covering such other matters
