Conditions to Each Revolving Loan and Letter of Credit Sample Clauses

Conditions to Each Revolving Loan and Letter of Credit. Lender shall have no obligation to advance additional Revolving Loans or issue any Letters of Credit unless, as to each such Loan, the following statements shall be true and correct:
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Conditions to Each Revolving Loan and Letter of Credit. On the ------------------------------------------------------ date of the making of any Revolving Loan or the issuance of any Letter of Credit, both immediately before and after giving effect thereto and to the application of the proceeds therefrom, the following statements shall be true to the satisfaction of the Agent (and each delivery or deemed delivery of each Notice of Borrowing and a Letter of Credit Request, and the acceptance by the Borrower of the proceeds of such Revolving Loans or issuance of such Letter of Credit, shall constitute a representation and warranty by the Borrower that on the date of such Revolving Loans or issuance of such Letter of Credit immediately before and after giving effect thereto and to the application of the proceeds therefrom, such statements are true):
Conditions to Each Revolving Loan and Letter of Credit. The obligation of the Agent or any Bank to make any Loan and to try to cause any Person to issue any Letter of Credit is subject to the fulfillment to the reasonable satisfaction of the Agent and the Banks immediately prior to or contemporaneously with such Loan or Letter of Credit of each of the following conditions:
Conditions to Each Revolving Loan and Letter of Credit. Notwithstanding any other provision contained in this Agreement, the making of any Revolving Loan and the issuance of any Letter of Credit under this Agreement, including without limitation the continuation of any LIBOR Rate Advance from one Interest Period to another or conversion of one Type of Advance to another Type of Advance, shall be conditioned upon receipt by Agent of all notices and other communications required under Subsection 2.5 and upon the satisfaction of the following, in each case to the satisfaction of Agent, both before and after giving effect thereto and to the application of the proceeds therefrom (and each request for the borrowing of a Revolving Loan or request for a Letter of Credit, as the case may be, and the continuation of any LIBOR Rate Advance from one Interest Period to another or conversion of one Type of Advance to another Type of Advance, and the acceptance by any Borrower of the proceeds of such Revolving Loan or Advance or issuance of such Letter of Credit, shall constitute a representation and warranty by such Borrower that on the date of such Loan or Advance or issuance of such Letter of Credit before and after giving effect thereto and to the application of the proceeds therefrom, the following such statements are true); provided, however, that (i) Subsection 4.2(B) shall not apply to a continuation of a LIBOR Rate Advance from one Interest Period to another Interest Period or to a conversion of one Type of Advance to another Type of Advance and (ii) Subsection 4.2(C) shall not apply to such a continuation or conversion if the Agent consents (as provided in Subsection 2.5(A)) to the making thereof notwithstanding the failure of such Borrower to satisfy the conditions set forth in Subsection 4.2(C):

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