Acceptance of Borrowings. The acceptance by Borrower of the proceeds of each Advance shall constitute a representation and warranty by Borrower to Agent and the Co-Lenders that all of the conditions required to be satisfied under this Section 3 in connection with the making of such Advance and all of the terms and provisions of this Agreement have been satisfied.
Appears in 2 contracts
Samples: Line of Credit Agreement (Sun Communities Inc), Senior Secured Revolving Line of Credit Agreement (Interstate Hotels Corp)
Acceptance of Borrowings. The acceptance by Borrower of the proceeds of each Advance shall constitute a representation and warranty by Borrower to Agent and the Co-Lenders Lender that all of the conditions required to be satisfied under this Section 3 in connection with the making of such Advance and all of the terms and provisions of this Agreement have been satisfied.
Appears in 2 contracts
Samples: Loan Agreement (Starwood Lodging Corp), Line of Credit Agreement (Starwood Lodging Corp)
Acceptance of Borrowings. The acceptance by Borrower of the proceeds of each Advance shall constitute a representation and warranty by Borrower and the Company to Agent and the Co-Lenders that all of the conditions required to be satisfied under this Section 3 in connection with the making of such Advance and all of the terms and provisions of this Agreement have been satisfied.
Appears in 2 contracts
Samples: Line of Credit Agreement (Agree Realty Corp), Line of Credit Agreement (Agree Realty Corp)
Acceptance of Borrowings. The acceptance by Borrower of the proceeds of each an Advance shall constitute a representation and warranty by Borrower to Agent and the Co-Lenders that all of the conditions required to be satisfied under this Section 3 SECTION 3.4 and 3.5 in connection with the making of such the Advance and all of the terms and provisions of this Agreement have been satisfiedsatisfied or waived in accordance with SECTION 8.4.
Appears in 1 contract
Acceptance of Borrowings. The acceptance by Borrower of the proceeds of each an Advance shall constitute a representation and warranty by Borrower to Agent and the Co-Lenders Lender that all of the conditions required to be satisfied under this Section 3 3.1 in connection with the making of such the Advance and all of the terms and provisions of this Agreement have been satisfiedsatisfied by Borrower or waived in writing by Lender.
Appears in 1 contract
Samples: Loan Agreement (Malibu Entertainment Worldwide Inc)
