Conditions to All Term Loans Clause Samples

Conditions to All Term Loans. The obligations of the Lenders to make any Term Loan (including the initial Term Loan) are subject to the satisfaction of the following conditions precedent on the relevant borrowing date: (A) The Administrative Agent shall have received a Notice of Borrowing from the Borrower in accordance with Section 2.2. (B) The representations contained in this Agreement and the other Loan Documents are true and correct in all material respects, on and as of such borrowing date with the same effect as if made on and as of such date (except for any such representation that by its terms is made only as of an earlier date, which representation remains true and correct in all material respects as of such earlier date). (C) No Default or Event of Default exists on the borrowing date with respect to such Term Loans or after giving effect to the Term Loans to be made on such date. (D) No event, development or circumstance has occurred or exists that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Conditions to All Term Loans. The obligation of Lenders to make Term Loans is subject to the further satisfaction (or waiver in accordance with Section 10.01) of, immediately prior to or concurrently with the making of each such Term Loan, each of the following conditions precedent: (a) (a) The representations and warranties of each Loan Party contained in Article V or any other Loan Document, shall be true and correct in all material respects on and as of the date of the making of each such Term Loan and after giving effect thereto, except (i) to the extent that such representations and warranties specifically refer to an earlier date, in which case they shall be true and correct in all material respects as of such earlier date, (ii) in the case of any representation and warranty qualified by materiality, they shall be true and correct in all respects and (iii) for purposes of this Section 4.02, the representations and warranties contained in subsections (a) and (b) of Section 5.05 shall be deemed to refer to the most recent statements furnished pursuant to clauses (a) and (b), respectively, of Section 6.01. (b) (b) No Default or Event of Default shall exist, or would result from the making of such Term Loan or from the application of the proceeds thereof. (c) (c) Administrative Agent shall have timely received a duly executed and completed Committed Loan Notice.

Conditions to All Term Loans. The obligations of Lenders to make Term Loans on each Funding Date are subject to the following further conditions precedent: A. Administrative Agent and each Lender shall have received before that Funding Date, in accordance with the provisions of subsection 2.1B, an originally executed Notice of Borrowing, in each case signed by the president, chief financial officer, treasurer or other senior officer of the Borrower on behalf of the Borrower in a writing delivered to Administrative Agent.

Conditions to All Term Loans. The obligation of the Bank to make any Term Loan to be made by it (including its initial Term Loan), and to continue or convert any Term Loan is subject to the satisfaction of the following conditions precedent on the relevant Borrowing Date or Conversion/Continuation Date: (a)