Common use of Conditions Precedent to Each Borrowing, Issuance, Commitment Increase and Extension Date Clause in Contracts

Conditions Precedent to Each Borrowing, Issuance, Commitment Increase and Extension Date. The obligation of each Lender to make a Loan on the occasion of each Borrowing, the obligation of any Issuing Bank to issue a Letter of Credit, each Commitment Increase and each extension of Commitments pursuant to Section 2.20 shall be subject to the conditions precedent that the Effective Date shall have occurred and on the date of such Borrowing or issuance, the applicable Increase Date or the applicable Extension Date (a) the following statements shall be true (and each of the giving of the applicable Notice of Borrowing, request for issuance, request for Commitment Increase or request for Commitment extension 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 or issuance, such Increase Date or such Extension Date such statements are true):

Appears in 2 contracts

Samples: Credit Agreement (Applied Materials Inc /De), Credit Agreement (Applied Materials Inc /De)

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Conditions Precedent to Each Borrowing, Issuance, Commitment Increase and Extension Date. The obligation of each Lender to make a Loan on the occasion of each Borrowing, the obligation of any Issuing Bank to issue a Letter of Credit, each Commitment Increase and each extension of Commitments pursuant to Section 2.20 shall be subject to the conditions precedent that the Effective Date shall have occurred and on the date of such Borrowing or issuance, the applicable Increase Date or the applicable Extension Date (a) or the following statements shall be true (and each of the giving of the applicable Notice of Borrowing, request for issuance, request for Commitment Increase or request for Commitment extension 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 or issuance, such Increase Date or such Extension Date such statements are true):

Appears in 1 contract

Samples: Credit Agreement (Applied Materials Inc /De)

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Conditions Precedent to Each Borrowing, Issuance, Commitment Increase and Extension Date. The obligation of each Lender to make a Loan an Advance on the occasion of each Borrowing, the obligation of any Issuing Bank to issue a Letter of Crediteach Issuance, each Commitment Increase and each extension of Commitments pursuant to Section 2.20 2.19 shall be subject to the conditions precedent that the Effective Date shall have occurred and on the date of such Borrowing or issuanceBorrowing, Issuance, the applicable Increase Date or the applicable Extension Date (a) the following statements shall be true (and each of the giving of the applicable Notice of Borrowing, request for issuanceNotice of Issuance, request for Commitment Increase or Increase, request for Commitment extension and the acceptance by the Borrower of the proceeds of such Borrowing or Letter of Credit shall constitute a representation and warranty by the Borrower that on the date of such Borrowing or issuanceBorrowing, such Issuance, such Increase Date or such Extension Date such statements are true):

Appears in 1 contract

Samples: Credit Agreement (Intuit Inc)

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