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Conditions to Each Extension of Credit
Conditions to Each Extension of Credit contract clause examples

Each request for an Extension of Credit by any Borrower shall constitute a representation and warranty by the Company and such Borrower that as of the date of such Extension of Credit the conditions contained in this [subsection 10.2] have been satisfied.

Each Request for Credit Extension submitted by a Borrower shall be deemed to be a representation and warranty that the conditions specified in [Sections 5.02(a) and (b)])] have been satisfied on and as of the date of the applicable Credit Extension.

Each Request for Credit Extension submitted by the Borrower shall be deemed to be a representation and warranty that the conditions specified in Sections 4.02(a) and (b) have been satisfied on and as of the date of the applicable Credit Extension.

Each Request for Credit Extension submitted by the shall be deemed to be a representation and warranty that the conditions specified in [Sections 4.02(a) and (b)])] have been satisfied on and as of the date of the applicable Credit Extension.

Each borrowing and each request for issuance of a Letter of Credit by hereunder shall constitute a representation and warranty by as of the date of such extension of credit that the conditions contained in this [subsection 5.2] have been satisfied.

Each Credit Extension hereunder shall be deemed to be a representation and warranty by Borrower that the conditions specified in this Section 5.2 have been satisfied on and as of the date of the applicable Credit Extension.

Each Request for Credit Extension (other than a Loan Notice requesting only a conversion of Loans to the other Type or a continuation of SOFR Loans) submitted by the shall be deemed to be a representation and warranty that the conditions specified in [Sections 4.02(a) and (b)])] have been satisfied on and as of the date of the applicable Credit Extension.

Each Request for Credit Extension (other than a Loan Notice requesting only a conversion of Loans to the other Type or a continuation of Term SOFR Loans or Alternative Currency Term Rate Loans) submitted by shall be deemed to be a representation and warranty that the conditions specified in [Sections 4.02(a) and (b)])] have been satisfied on and as of the date of the applicable Credit Extension.

The delivery of a Borrowing Request pursuant to this Section ‎4.03 and the acceptance by the Borrower of the proceeds of such Credit Extension shall constitute a representation and warranty by the Borrower and each other Loan Party that on the date of such Credit Extension (both immediately before and after giving effect to such Credit Extension and the application of the proceeds thereof) the conditions contained in this Section ‎4.03 have been satisfied.

The delivery of a Borrowing Request pursuant to this Section 4.02 and the acceptance by the Borrower of the proceeds of such Credit Extension shall constitute a representation and warranty by the Borrower and each other Loan Party that on the date of such Credit Extension (both immediately before and after giving effect to such Credit Extension and the application of the proceeds thereof) the conditions contained in this Section 4.02 have been satisfied.

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