Common use of Conditions to Each Borrowing Clause in Contracts

Conditions to Each Borrowing. The election of each Conduit Investor to fund, and the obligation of each Committed Note Purchaser to fund, any Borrowing on any day (including the initial Borrowing) shall be subject to the conditions precedent that on the date of the Borrowing, before and after giving effect thereto and to the application of any proceeds therefrom, the following statements shall be true:

Appears in 7 contracts

Samples: Series 2010 2 Note Purchase Agreement (Hertz Global Holdings Inc), Note Purchase Agreement (Ihop Corp), Note Purchase Agreement (Hertz Global Holdings Inc)

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Conditions to Each Borrowing. The election of each Conduit Investor to fund, and the obligation of each Committed Note Purchaser to fund, any Borrowing on any day (including the initial Borrowing) shall be subject to the conditions precedent that on the date of the Borrowing, before and after giving effect thereto and to the application of any proceeds therefrom, the following statements shall be true:

Appears in 3 contracts

Samples: Note Purchase Agreement (Cinelease, LLC), Note Purchase Agreement (Hertz Global Holdings Inc), Note Purchase Agreement (Hertz Global Holdings Inc)

Conditions to Each Borrowing. The election of each Conduit Investor to fund, and the obligation of each Committed Note Purchaser to fund, any Borrowing on any day (including the initial Borrowing) shall be subject to the following conditions precedent that on the date of the Borrowing, (both before and after giving effect thereto and to the application of any proceeds therefrom, the following statements shall be true:):

Appears in 2 contracts

Samples: Note Purchase Agreement (Zipcar Inc), Note Purchase Agreement (Zipcar Inc)

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Conditions to Each Borrowing. The election of each Conduit Investor to fund, and the obligation of each Committed Note Purchaser to fund, any Borrowing on any day (including the initial BorrowingBorrowing following the Restatement Effective Date) shall be subject to the following conditions precedent that on the date of the Borrowing, (both before and after giving effect thereto and to the application of any proceeds therefrom, the following statements shall be true:):

Appears in 1 contract

Samples: Series 2010 1 Note Purchase Agreement (Zipcar Inc)

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