Common use of Any Extension of Credit Clause in Contracts

Any Extension of Credit. In addition to the occurrence of the Effective Date, the obligation of each Lender and any Issuing Lender to make any Extension of Credit, including on the Effective Date, is subject to the following conditions precedent: (a) the representations and warranties of Borrower contained in Section 5 are true and correct in all material respects as though made on and as of the above date; (b) no Default or Event of Default has occurred and is continuing, or would result from such proposed Extension of Credit; (c) Administrative Agent shall have timely received a duly completed Request for Extension of Credit or Letter of Credit Application, as applicable, by Requisite Notice by the Requisite Time therefor; and

Appears in 1 contract

Samples: Credit Agreement (Reliance Steel & Aluminum Co)

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Any Extension of Credit. In addition to the occurrence of the Effective Date, the The obligation of each Lender and any Issuing Lender to make any Extension of Credit, including on the Effective Date, Credit is subject to the following conditions precedent: (a) the representations and warranties of Borrower Borrowers contained in Section 5 are true and correct in all material respects as though made on and as of the above date; (b) no Default or Event of Default has occurred and is continuing, or would result from such proposed Extension of Credit;. (c) Administrative Agent shall have timely received a duly completed Request for Extension of Credit or Letter of Credit Application, as applicable, by Requisite Notice by the Requisite Time therefor; and

Appears in 1 contract

Samples: Credit Agreement (Reliance Steel & Aluminum Co)

Any Extension of Credit. In addition to the occurrence of the Effective Date, the The obligation of each Lender and any Issuing Lender to make any Extension of Credit, including on the Effective Date, Credit is subject to the following conditions precedent: (a) the representations and warranties of Borrower Borrowers contained in Section 5 are true and correct in all material respects as though made on and as of the above date; (b) no Default or Event of Default has occurred and is continuing, or would result from such proposed Extension of Credit;. (c) Administrative Agent shall have timely received a duly completed Request for Extension of Credit or Letter of Credit Application, as applicable, by Requisite Notice by the Requisite Time therefor; and

Appears in 1 contract

Samples: Credit Agreement (Reliance Steel & Aluminum Co)

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Any Extension of Credit. In addition to the occurrence of the Effective Date, the The obligation of each Lender and any Issuing Lender to make any Extension of Credit, including on the Effective Date, Credit is subject to the following conditions precedent: (a) the representations and warranties of Borrower Borrowers contained in Section 5 are true and correct in all material respects as though made on and as of the above date; (b) no Default or Event of Default has occurred and is continuing, or would result from such proposed Extension of Credit; (c) Administrative Agent shall have timely received a duly completed Request for Extension of Credit or Letter of Credit Application, as applicable, by Requisite Notice by the Requisite Time therefor; and

Appears in 1 contract

Samples: Credit Agreement (Reliance Steel & Aluminum Co)

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