Common use of Compliance with Warranties, No Default, etc Clause in Contracts

Compliance with Warranties, No Default, etc. Both before and after giving effect to any Credit Extension the following statements shall be true and correct: (a) the representations and warranties set forth in each Loan Document shall, in each case, be true and correct in all material respects (except that any representation and warranty that is qualified as to “materiality” or “Material Adverse Effect” shall be true and correct in all respects) with the same effect as if then made (unless stated to relate solely to an earlier date, in which case such representations and warranties shall be true and correct in all material respects as of such earlier date); and (b) no Default shall have then occurred and be continuing.

Appears in 4 contracts

Samples: Credit Agreement (Reddy Ice Holdings Inc), Credit Agreement (Reddy Ice Holdings Inc), Credit Agreement (Reddy Ice Holdings Inc)

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Compliance with Warranties, No Default, etc. Both before Concurrently with and immediately after giving effect to any Credit Extension Extension, the following statements shall be true and correct: (a) the representations and warranties set forth in each Loan Document shall, in each case, be true and correct in all material respects (except that any representation and warranty that is qualified as to “materiality” or “Material Adverse Effect” shall be true and correct in all respects) with the same effect as if then made (unless stated to relate solely to an earlier date, in which case such representations and warranties shall be true and correct in all material respects as of such earlier date); and (b) no Default shall have then occurred and be continuing.

Appears in 3 contracts

Samples: Credit Agreement (WRC Media Inc), Credit Agreement (WRC Media Inc), Credit Agreement (World Almanac Education Group Inc)

Compliance with Warranties, No Default, etc. Both before and after giving effect to any Credit Extension the following statements shall be true and correct: (a) the representations and warranties set forth in each Loan Document shall, in each case, shall be true and correct in all material respects (except that any representation and warranty that is qualified as to “materiality” or “Material Adverse Effect” shall be true and correct in all respects) with the same effect as if then made (unless stated to relate solely to an earlier date, in which case such representations and warranties shall be have been true and correct in all material respects as of such earlier date), in each case other than representations and warranties that are subject to a Material Adverse Effect or a materiality qualifier, in which case such representations and warranties shall be (or shall have been) true and correct; and (b) no Default shall have then occurred and be continuing.

Appears in 3 contracts

Samples: First Lien Credit Agreement (Mitel Networks Corp), Credit Agreement (Sabre Industries, Inc.), Credit Agreement (Sabre Industries, Inc.)

Compliance with Warranties, No Default, etc. Both before and after giving effect to any such Credit Extension the following statements shall be true and correct: (a) the representations and warranties set forth in each Loan Document shall, in each case, shall be true and correct in all material respects (except that any representation and warranty that is qualified as to “materiality” or “Material Adverse Effect” shall be true and correct in all respects) with the same effect as if then made (unless stated to relate solely to an earlier date, in which case such representations and warranties shall be have been true and correct in all material respects as of such earlier date), in each case other than representations and warranties which are subject to a materiality qualifier, in which case such representations and warranties shall be (or shall have been) true and correct; and (b) no Default shall have then occurred and be continuing.

Appears in 2 contracts

Samples: Credit Agreement (Swift Transportation Co Inc), Credit Agreement (Swift Transportation Co Inc)

Compliance with Warranties, No Default, etc. Both before and after giving effect to any Credit Extension the following statements shall be true and correct: (a) the representations and warranties set forth in Article VI and in each other Loan Document shall, in each case, be true and correct in all material respects (except that any representation and warranty that is qualified as to “materiality” or “Material Adverse Effect” shall be true and correct in all respects) with the same effect as if then made (unless stated to relate solely to an earlier date, in which case such representations and warranties shall be true and correct in all material respects as of such earlier date); and (b) no Default shall have then occurred and be continuing.

Appears in 2 contracts

Samples: Credit Agreement (Mueller Holdings (N.A.), Inc.), Credit Agreement (Brand Scaffold Services Inc)

Compliance with Warranties, No Default, etc. Both before and after giving effect to any Credit Extension the following statements shall be true and correct: (a) the representations and warranties set forth in each Loan Document shall, in each case, shall be true and correct in all material respects (except that any representation and warranty that is qualified as to “materiality” or “Material Adverse Effect” shall be true and correct in all respects) with the same effect as if then made (unless stated to relate solely to an earlier date, in which case such representations and warranties shall be have been true and correct in all material respects as of such earlier date), in each case other than representations and warranties that are subject to a Material Adverse Effect or other materiality qualifier, in which case such representations and warranties shall be (or shall have been) true and correct in all respects; and (b) no Default shall have then occurred and be continuing.

Appears in 2 contracts

Samples: Credit Agreement (Kansas City Southern), Credit Agreement (Kansas City Southern De Mexico, S.A. De C.V.)

Compliance with Warranties, No Default, etc. Both before and after giving effect to any Credit Extension Loan the following statements shall be true and correct: (a) the representations and warranties set forth in each Loan Document shall, in each case, be true and correct in all material respects (except that any representation and warranty that is qualified as to “materiality” or “Material Adverse Effect” shall be true and correct in all respects) with the same effect as if then made (unless stated to relate solely to an earlier date, in which case such representations and warranties shall be true and correct in all material respects as of such earlier date); (b) no Material Adverse Effect has occurred since December 31, 2005; and (bc) no Default shall have then occurred and be continuing.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Energy Xxi (Bermuda) LTD), Second Lien Credit Agreement (Energy Xxi (Bermuda) LTD)

Compliance with Warranties, No Default, etc. Both before and after giving effect to any the Credit Extension Extension, the following statements shall be true and correct: (a) the representations and warranties set forth in each Loan Document shall, in each case, shall be true and correct in all material respects (except that any representation and warranty that is qualified as to “materiality” or “Material Adverse Effect” shall be true and correct in all respects) with the same effect as if then made (unless stated to relate solely to an earlier date, in which case such representations and warranties shall be have been true and correct in all material respects as of such earlier date), in each case other than representations and warranties that are subject to a materiality qualifier, in which case such representations and warranties shall be (or shall have been) true and correct; and (b) no Default shall have then occurred and be continuing.

Appears in 2 contracts

Samples: Credit Agreement (Hecla Mining Co/De/), Credit Agreement (Hecla Mining Co/De/)

Compliance with Warranties, No Default, etc. Both before and after giving effect to any Credit Extension Loan the following statements shall be true and correct: (a) the representations and warranties set forth in each Loan Document shall, in each case, shall be true and correct in all material respects (except that any representation and warranty that is qualified as to “materiality” or “Material Adverse Effect” shall be true and correct in all respects) with the same effect as if then made (unless stated to relate solely to an earlier date, in which case such representations and warranties shall be have been true and correct in all material respects as of such earlier date), in each case other than representations and warranties that are subject to a Material Adverse Effect or a materiality qualifier, in which case such representations and warranties shall be (or shall have been) true and correct; and (b) no Default shall have then occurred and be continuing.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Mitel Networks Corp)

Compliance with Warranties, No Default, etc. Both before and after giving effect to any Credit Extension (other than the initial Credit Extension), the following statements shall be true and correct: (a) the representations and warranties set forth in each Loan Document shall, in each case, shall be true and correct in all material respects (except that any representation and warranty that is qualified as to “materiality” or “Material Adverse Effect” shall be true and correct in all respects) with the same effect as if then made (unless stated to relate solely to an earlier date, in which case such representations and warranties shall be have been true and correct in all material respects as of such earlier date), in each case other than representations and warranties that are subject to a Material Adverse Effect or a materiality qualifier, in which case such representations and warranties shall be (or shall have been) true and correct; and (b) no Default shall have then occurred and be continuing.

Appears in 1 contract

Samples: Credit Agreement (Mitel Networks Corp)

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Compliance with Warranties, No Default, etc. Both before and after giving effect to any Credit Extension the following statements shall be true and correct: (a) the representations and warranties set forth in each Loan Document shall, in each case, be true and correct in all material respects (except that any representation and warranty that is qualified as to “materiality” or “Material Adverse Effect” shall be true and correct in all respects) with the same effect as if then made (unless stated to relate solely to an earlier date, in which case such representations and warranties shall be true and correct in all material respects as of such earlier date); (b) no Material Adverse Effect has occurred since September 30, 2005; and (bc) no Default shall have then occurred and be continuing.

Appears in 1 contract

Samples: First Lien Credit Agreement (Energy Xxi (Bermuda) LTD)

Compliance with Warranties, No Default, etc. Both before and after giving effect to any Credit Extension the following statements shall be true and correct: (a) the representations and warranties set forth in each Loan Document shall, in each case, shall be true and correct in all material respects (except that any representation and warranty that is qualified as to “materiality” or “Material Adverse Effect” shall be true and correct in all respects) with the same effect as if then made (unless stated to relate solely to an earlier date, in which case such representations and warranties shall be have been true and correct in all material respects as of such earlier date), in each case other than representations and warranties that are subject to a Material Adverse Effect or other materiality qualifier, in which case such representations and warranties shall be (or shall have been) true and correct; and (b) no Default shall have then occurred and be continuing.

Appears in 1 contract

Samples: Credit Agreement (Kansas City Southern De Mexico, S.A. De C.V.)

Compliance with Warranties, No Default, etc. Both immediately before and immediately after giving effect to any Credit Extension Extension, the following statements shall be true and correct: (a) the representations and warranties set forth in each Loan Document shall, in each case, be true and correct (i) in all material respects (except that any representation the case of representations and warranty that is warranties not qualified as by references to “materiality” or a Material Adverse Effect” shall be true , in all material respects, and correct (ii) otherwise, in all respects) , in each case with the same effect as if then made (unless stated to relate solely to an earlier date, in which case such representations and warranties shall be true and correct in all material respects as of such earlier date); and (b) no Default shall have then occurred and be continuing.

Appears in 1 contract

Samples: Debtor in Possession Credit Agreement (Champion Enterprises Inc)

Compliance with Warranties, No Default, etc. Both before and after giving effect to any Credit Extension the following statements shall be true and correct: (a) the representations and warranties set forth in each Loan Document (other than the representations and warranties set forth in clause (b) of Section 6.4 and Section 6.6) shall, in each case, be true and correct in all material respects (except that any representation and warranty that is qualified as to “materiality” or “Material Adverse Effect” shall be true and correct in all respects) with the same effect as if then made (unless stated to relate solely to an earlier date, in which case such representations and warranties shall be true and correct in all material respects as of such earlier date); and (b) no Default shall have then occurred and be continuing.

Appears in 1 contract

Samples: Reimbursement Agreement (PPL Energy Supply LLC)

Compliance with Warranties, No Default, etc. Both before and after giving effect to any Credit Extension (other than the initial Credit Extension), the following statements shall be true and correct: (a) the representations and warranties set forth in each Loan Document shall, in each case, shall be true and correct in all material respects (except that any representation and warranty that is qualified as to “materiality” or “Material Adverse Effect” shall be true and correct in all respects) with the same effect as if then made (unless stated to relate solely to an earlier date, in which case such representations and warranties shall be have been true and correct in all material respects as of such earlier date), in each case other than representations and warranties that are qualified as to “materiality,” Material Adverse Effect or similar language, in which case such representations and warranties shall be (or shall have been) true and correct; and (b) no Default shall have then occurred and be continuing.

Appears in 1 contract

Samples: Credit Agreement (Mitel Networks Corp)

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