Common use of Compliance with Loan Documents Clause in Contracts

Compliance with Loan Documents. Without limiting the provisions of Section 2.8, it is a condition precedent to the Advance that the representations and warranties of Borrower and Guarantors contained in the Loan Documents shall be true, and there shall be no outstanding Default or Event of Default thereunder by any of the Loan Documents, and there shall not exist any Material adverse condition with respect to a Credit Party that has not been contained in the most recent written information about them, their assets, their businesses, and their financial condition that has not heretofore been disclosed to Lender in writing.

Compliance with Loan Documents. Without limiting the provisions of Section 2.8, it It is a condition precedent to the Advance that the representations and warranties of Borrower and Guarantors contained in the Loan Documents shall be true, and there shall be no outstanding Default or Event of Default thereunder by any of the Loan Documents, and there shall not exist any Material adverse condition with respect to a Credit Party that has not been contained in the most recent written information about them, their assets, their businesses, and their financial condition that has not heretofore been disclosed to Lender in writing.