Common use of Conditions Precedent to Certain Borrowings Clause in Contracts

Conditions Precedent to Certain Borrowings. The obligation of each Lender to make an Advance on the occasion of each Borrowing (including the initial Borrowing) that would increase the aggregate amount of Advances outstanding shall be subject to the further conditions precedent that on the date of such Borrowing the following statements shall be true, and each of the giving of the applicable Notice of a Borrowing and the acceptance by the Borrower of the proceeds of such Borrowing shall constitute a representation and warranty by the Borrower that on the date of such Borrowing such statements are true:

Conditions Precedent to Certain Borrowings. The obligation of each Lender Bank to make that portion of an Advance on the occasion of each any Borrowing (including the initial Borrowing) that which would increase the aggregate outstanding amount of Advances owing to such Bank over the amount of Advances owing to such Bank outstanding immediately prior to the making of such Advance shall be subject to the further conditions precedent that on the date of such Borrowing the following statements shall be true, true (and each of the giving of the applicable Notice of a Borrowing and the acceptance by the Borrower of the proceeds of such Borrowing shall constitute a representation and warranty by the Borrower that on the date of such Borrowing such statements are true:):