Common use of Conditions for Drawdowns Clause in Contracts

Conditions for Drawdowns. On or before each Drawdown hereunder the following conditions shall be satisfied: (a) the Agent shall have received a proper and timely Drawdown Notice from the Borrower requesting the Drawdown; (b) the representations and warranties set forth in Section 8.1 shall be true and accurate in all material respects on and as of the date of the requested Drawdown; (c) no event shall have occurred and be continuing which would constitute an Event of Default or a Default nor shall the requested Drawdown result in the occurrence of any such event; and (d) after giving effect to the requested Drawdown, the Outstanding Principal of all Loans outstanding under the Credit Facility shall not exceed the maximum amount of the Credit Facility.

Conditions for Drawdowns. On or before each Drawdown hereunder the following conditions shall be satisfied: (a) the Agent shall have received a proper and timely Drawdown Notice from the Borrower requesting the Drawdown; (b) the representations and warranties set forth in Section 8.1 7.1 shall be true and accurate in all material respects on and as of the date of the requested Drawdown; (c) no event shall have occurred and be continuing which would constitute an Event of Default or a Default nor shall the requested Drawdown result in the occurrence of any such event; and (d) after giving effect to the requested Drawdown, the Outstanding Principal of all Loans outstanding under the Credit Facility shall not exceed the maximum amount of the Credit Facility.

Conditions for Drawdowns. On or before For each Drawdown hereunder the following conditions shall be satisfiedsatisfied as conditions precedent to the making of such Drawdown: (a) the applicable Agent shall have received a proper and timely Drawdown Notice from the applicable Borrower requesting the Drawdown; (b) the representations and warranties set forth in Section 8.1 9.1 shall be true and accurate in all material respects on and as of the date of the requested Drawdown; (c) no event shall have occurred and be continuing which would constitute an Event of Default or a Default nor shall the requested Drawdown result in the occurrence of any such event; and (d) after giving effect to the requested proposed Drawdown, the Outstanding Principal of all Loans outstanding under the relevant Credit Facility shall not exceed the maximum amount of the such Credit Facility.

Conditions for Drawdowns. On or before each Drawdown hereunder the following conditions shall be satisfied: (a) the Agent shall have received a proper and timely Drawdown Notice from the Borrower requesting the Drawdown; (b) the representations and warranties set forth in Section 8.1 9.1 shall be true and accurate in all material respects on and as of the date of the requested Drawdown; (c) no event Default or Event of Default shall have occurred and be continuing which would constitute an Event of Default or a Default nor shall the requested Drawdown result in the occurrence of any such eventa Default or Event of Default; and (d) after giving effect to the requested proposed Drawdown, the Outstanding Principal of all Loans outstanding under the Credit Facility shall not exceed the maximum amount of the Credit Facility.