Common use of Additional Conditions Applicable to Foreign Subsidiary Borrowers Clause in Contracts

Additional Conditions Applicable to Foreign Subsidiary Borrowers. The obligations of each Lender to make Loans and of each Issuing Bank to issue Letters of Credit requested to be made by it to any Foreign Subsidiary Borrower on any date is subject to satisfaction or waiver of, in addition to the conditions precedent set forth in Section 4.01, the following conditions precedent: (a) in the case of the making of any extension of credit to any Foreign Subsidiary Borrower for the first time, the delivery to the Administrative Agent of (i) the executed legal opinion of counsel to such Foreign Subsidiary Borrower, in form and substance reasonably satisfactory to the Administrative Agent, and (ii) the collateral and security documents, in form and substance reasonably satisfactory to the Administrative Agent, executed and delivered by a duly authorized officer of such Foreign Subsidiary Borrower and each of its subsidiaries, and such other documents, instruments and agreements as may be reasonably requested by the Administrative Agent and (b) the truthfulness and correctness in all material respects on and as of such date of the following additional representations and warranties:

Appears in 4 contracts

Samples: Credit Agreement (VWR Corp), Credit Agreement (VWR Corp), Credit Agreement (VWR Funding, Inc.)

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Additional Conditions Applicable to Foreign Subsidiary Borrowers. The obligations agreement of each Lender to make Loans and of each Issuing Bank to issue Letters any Extension of Credit requested to be made by it to any Foreign Subsidiary Borrower on any date (including, without limitation, the initial Extension of Credit) is subject to satisfaction or waiver of, in addition to the conditions precedent set forth in Section 4.01subsections 6.1 (in the case of the initial Extension of Credit) and 6.2, the following conditions precedent: (a) in the case of the making of any extension Extension of credit Credit to any Foreign Subsidiary Borrower for the first time, the delivery to the Administrative Agent Agent, with a copy for each Lender, of (i) the executed legal opinion of counsel to such Foreign Subsidiary Borrower, as to the matters set forth in Exhibit D-4 and otherwise in form and substance reasonably satisfactory to the Administrative Agent, Agent and (ii) in the case of any Foreign Subsidiary Borrower, guarantee, collateral and security documents, in form and substance reasonably satisfactory to the Administrative Agent, executed and delivered by a duly authorized officer of such Foreign Subsidiary Borrower and each of its subsidiariesSubsidiaries, and such other documents, instruments and agreements as may be reasonably requested by the Administrative Agent and (b) the truthfulness and correctness in all material respects on and as of such date of the following additional representations and warranties:

Appears in 2 contracts

Samples: Credit Agreement (VWR International, Inc.), Credit Agreement (VWR International, Inc.)

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Additional Conditions Applicable to Foreign Subsidiary Borrowers. The obligations agreement of each Lender to make Loans and of each Issuing Bank to issue Letters any Extension of Credit requested to be made by it to any Foreign Subsidiary Borrower on any date (including, without limitation, the initial Extension of Credit) is subject to satisfaction or waiver of, in addition to the conditions precedent set forth in Section 4.01subsections 6.1 (in the case of the initial Extension of Credit) and 6.2, the following conditions precedent: (a) in the case of the making of any extension Extension of credit Credit to any Foreign Subsidiary Borrower for the first time, the delivery to the Administrative Agent Agent, with a copy for each Lender, of (i) the executed legal opinion of counsel to such Foreign Subsidiary Borrower, as to the matters set forth in Exhibit D-4 and otherwise in form and substance reasonably satisfactory to the Administrative Agent, and (ii) in the case of any Foreign Subsidiary Borrower, guarantee, collateral and security documents, in form and substance reasonably satisfactory to the Administrative Agent, executed and delivered by a duly authorized officer of such Foreign Subsidiary Borrower and each of its subsidiariesSubsidiaries, and such other documents, instruments and agreements as may be reasonably requested by the Administrative Agent and (b) the truthfulness and correctness in all material respects on and as of such date of the following additional representations and warranties:

Appears in 1 contract

Samples: Credit Agreement (Sirva Inc)

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