Borrowing Representations and Warranties Sample Clauses

Borrowing Representations and Warranties. Each and every request or deemed request by the Borrowers (through the Loan Party Representative) for, and acceptance by the Borrowers of, a Loan or other extension of credit hereunder shall, in each case, constitute the Borrowers’ representation and warranty that (and the Administrative Agents’ and the Lenders’ obligation to make any such Loan or other extension of credit shall be subject to the conditions precedent that), both on the date of such request for such Loan or other extension of credit and on the date any such Loan or other extension of credit is made, (i) no Unmatured Event of Default or Event of Default has occurred and is continuing, (ii) the Borrowers’ representations and warranties set forth in this Agreement, as supplemented from time to time, are true and correct in all material respects (or, if such representations and warranties are qualified by materiality or Material Adverse Effect, in all respects) except to the extent any such representation and warranty expressly speaks to an earlier date and (iii) all conditions precedent to the making of such Loan set forth in Sections 12.1 (in the case of the initial Loans and other extensions of credit hereunder), 12.2 and, in the case of Term Reborrowing Loans, 12.3 shall have been satisfied. 2.5 Section 5.1 of the Credit Agreement is hereby amended and restated in its entirety to read as follows:

Borrowing Representations and Warranties. Each and every request (or deemed request) by the Borrowers (through the Loan Party Representative) for, and acceptance by the Borrowers of, a Revolving Loan or Letter of Credit shall, in each case, constitute the Borrowers’ representation and warranty that (and the Administrative Agents’ and the Lenders’ obligation to make any such Revolving Loan or issue or participate in any Letter of Credit shall be subject to the conditions precedent that), both on the date of such request for such Revolving Loan and/or Letter of Credit and on the date any such Revolving Loan is made or Letter of Credit is issued, (i) no Unmatured Event of Default or Event of Default has occurred and is continuing, (ii) the Borrowers’ representations and warranties set forth in this Agreement, as supplemented from time to time, are true and correct in all material respects (or, if such representations and warranties are qualified by materiality or Material Adverse Effect, in all respects) except to the extent any such representation and warranty expressly speaks to an earlier date, and (iii) after giving effect to such Revolving Loan and/or Letter of Credit, no violation of Section 11.13.1 would then exist or result therefrom.