Example ContractsClauseseach loan or letter of creditVariants
Each Loan or Letter of Credit
Each Loan or Letter of Credit contract clause examples

Each submission by the to the [[Administrative Agent:Organization]] of a Notice of Borrowing or a Swing Loan Request and the acceptance by the of the proceeds of each Loan requested therein, and each submission by the to an Issuer of a Letter of Credit Request, and the Issuance of each Letter of Credit requested therein, shall be deemed to constitute a representation and warranty by the that the conditions specified in [clause (b) above] have been satisfied on and as of the date of the making of such Loan or the Issuance of such Letter of Credit.

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 delivery of a Borrowing Notice and each request for the issuance of a Letter of Credit shall constitute a representation and warranty by the applicable Borrower (and, if the Company is not the Borrower, by the Company) that the conditions contained in [Sections 4.2(a) and (b)])] have been satisfied on and as of the date of such Borrowing Notice or request for the issuance or Modification of a Letter of Credit.

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