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

Compliance with Warranties, No Default. Both before and after giving effect to any borrowing of the Loans the following shall be true and correct: (a) the representations and warranties of each Loan Party set forth in this Agreement and the other Loan Documents are true and correct in all material respects (unless any such representation or warranty is by its terms qualified by concepts of materiality, in which that representation or warranty is true and correct in all respects) with the same effect as if then made (except to the extent stated to relate to a specific earlier date, in which case that representation or warranty is true and correct in all material respects or in all respects, as applicable, as of that earlier date); and (b) no Default or Event of Default shall have then occurred and be continuing or would result from such borrowing.

Compliance with Warranties, No Default. Both before and after giving effect to any borrowing of the Loans the following shall be true and correct: (a) a. the representations and warranties of each Loan Party set forth in this Agreement and the other Loan Documents are true and correct in all material respects (unless any such representation or warranty is by its terms qualified by concepts of materiality, in which that representation or warranty is true and correct in all respects) with the same effect as if then made (except to the extent stated to relate to a specific earlier date, in which case that representation or warranty is true and correct in all material respects or in all respects, as applicable, as of that earlier date); and (b) b. no Default or Event of Default shall have then occurred and be continuing or would result from such borrowing.

Compliance with Warranties, No Default. Both before and after giving effect to any borrowing of the New Loans the following shall be true and correct: (a) the representations and warranties of each Loan Party set forth in this Agreement and the other Loan Documents are true and correct in all material respects (unless any such representation or warranty is by its terms qualified by concepts of materiality, in which that representation or warranty is true and correct in all respects) with the same effect as if then made (except to the extent stated to relate to a specific earlier date, in which case that representation or warranty is true and correct in all material respects or in all respects, as applicable, as of that earlier date); and (b) no Default or Event of Default shall have then occurred and be continuing or would result from such borrowing.