Common use of Conditions to Each Loan Clause in Contracts

Conditions to Each Loan. The agreement of each Lender to make any Loan requested to be made by it on any date is subject to the satisfaction of all conditions precedent set forth in Section 5.3 and 5.4 of the Participation Agreement required by said Sections to be satisfied on or prior to the date of the applicable Loan. Each borrowing by the Borrower hereunder shall constitute a representation and warranty by the Borrower as of the date of such Loan that the conditions contained in this Section 4.2 have been satisfied.

Appears in 12 contracts

Samples: Credit Agreement (Sabre Holdings Corp), Credit Agreement (Sabre Holdings Corp), Credit Agreement (Franklin Resources Inc)

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Conditions to Each Loan. The agreement of each Lender to make any Loan requested to be made by it on any date is subject to the satisfaction of all the conditions precedent set forth specified in Section 5.3 and 5.4 6 of the Participation Agreement required by said Sections to be satisfied on or prior to the date of the applicable LoanAgreement. Each borrowing by the Borrower hereunder shall constitute a representation and warranty by the Borrower or the Lessee, as the case may be, as of the date of such Loan that the conditions contained in this Section 4.2 have been satisfied.

Appears in 2 contracts

Samples: Credit Agreement (Fred Meyer Inc), Credit Agreement (Quality Food Centers Inc)

Conditions to Each Loan. The agreement of each Lender to make any Loan requested to be made by it on any date is subject to the satisfaction of all conditions precedent set forth in Section 5.3 and 5.4 of the Participation Agreement required by said Sections to be satisfied on or prior to the date of the applicable Loan. Each borrowing by the Borrower hereunder shall constitute a representation and warranty by the Borrower as of the date of such Loan that, subject to any determination that must be made by the Agent, the Lenders or the Holders, the conditions contained in this Section 4.2 have been satisfied.

Appears in 1 contract

Samples: Credit Agreement (Guilford Pharmaceuticals Inc)

Conditions to Each Loan. The agreement of each Lender to make any Loan requested to be made by it on any date is subject to the satisfaction of all conditions precedent set forth in Section 5.3 and 5.4 of the Participation Agreement required by said Sections to be satisfied on or prior to the date of the applicable Loan. Each borrowing by the Borrower hereunder shall constitute a representation and warranty by the Borrower as of the date of such Loan that the conditions contained in this Section 4.2 4.2, as applicable, have been satisfied.

Appears in 1 contract

Samples: Credit Agreement (Us Foodservice/Md/)

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Conditions to Each Loan. The agreement of each Lender the Bank to make any Loan requested to be made by it on any date is subject to the satisfaction of all conditions precedent set forth in Section 5.3 and 5.4 of the Participation Agreement required by said Sections to be satisfied on or prior to the date of the applicable Loan. Each borrowing by the Borrower hereunder shall constitute a representation and warranty by the Borrower as of the date of such Loan that the conditions contained in this Section 4.2 have been satisfied.

Appears in 1 contract

Samples: Credit Agreement (Dollar Tree Stores Inc)

Conditions to Each Loan. The agreement of each Lender to make any Loan requested to be made by it on any date is subject to the satisfaction of all conditions precedent set forth in Section 5.3 and 5.4 of the Participation Agreement required by said Sections to be satisfied on or prior to the date of the applicable Loan. Each borrowing by the Borrower hereunder shall constitute a representation and warranty by the Borrower as of the date of such Loan that the conditions contained in this Section 4.2 have been satisfied.

Appears in 1 contract

Samples: Credit Agreement (Sunrise Assisted Living Inc)

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