Common use of Conditions Precedent to Any Advance Clause in Contracts

Conditions Precedent to Any Advance. The obligation of the Lenders to make any Advance under the Credit is conditional upon each of the following conditions having been satisfied: 10.3.1 the representations and warranties contained in this Agreement shall continue to be true and correct (except where stated to be made as at a particular date); 10.3.2 the Borrower shall have delivered to the Agent a completed Notice of Borrowing; 10.3.3 nothing shall have occurred since the Sixth Amendment Closing Date which would constitute a Material Adverse Change; and 10.3.4 no Default shall have occurred and be continuing and no Event of Default shall have occurred.

Appears in 2 contracts

Samples: Credit Agreement (Videotron 1998 Ltee), Credit Agreement (Videotron Ltee)

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Conditions Precedent to Any Advance. The obligation of the Lenders to make any Advance under the Credit is conditional upon each of the following conditions having been satisfied: 10.3.1 10.2.1 the representations and warranties contained in this Agreement shall continue to be true and correct (except where stated to be made as at a particular date); 10.3.2 10.2.2 except in the case of Swing Line Advances, the Borrower shall have delivered to the Agent or the Finnvera Facility Agent, as applicable, a completed Notice of Borrowing; 10.3.3 10.2.3 nothing shall have occurred since the Sixth Amendment Closing Date March 31, 2011 which would constitute a Material Adverse Change; and 10.3.4 10.2.4 no Default shall have occurred and be continuing and no Event of Default shall have occurred.

Appears in 1 contract

Samples: Credit Agreement (Videotron Ltee)

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Conditions Precedent to Any Advance. The obligation of the Lenders to make any Advance under the Credit is conditional upon each of the following conditions having been satisfied: 10.3.1 the representations and warranties contained in this Agreement shall continue to be true and correct (except where stated to be made as at a particular date); 10.3.2 the Borrower shall have delivered to the Agent or the Finnvera Facility Agent, as applicable, a completed Notice of Borrowing; 10.3.3 nothing shall have occurred since the Sixth Amendment Closing Date which would constitute a Material Adverse Change; and 10.3.4 no Default shall have occurred and be continuing and no Event of Default shall have occurred.

Appears in 1 contract

Samples: Credit Agreement (Videotron Ltee)

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