Common use of Conditions to Effectiveness of Extension Clause in Contracts

Conditions to Effectiveness of Extension. Notwithstanding the foregoing, any extension of any Applicable Maturity Date pursuant to this Section 2.22 shall not be effective with respect to any Extending Lender and each Additional Commitment Lender unless (i) no Default or Event of Default shall have occurred and be continuing on the applicable Extension Date and immediately after giving effect thereto; and (ii) the representations and warranties of the Borrowers set forth in this Agreement, and of each Loan Party in each of the other Loan Documents to which it is a party, are true and correct in all material respects (or in all respects if the applicable representation or warranty is qualified by Material Adverse Effect or materiality) on and as of the applicable Extension Date and after giving effect thereto, as though made on and as of such date (or, if any such representation or warranty is expressly stated to have been made as of a specific date, as of such date), as evidenced by delivery of a certificate of a Financial Officer of the Company on the Extension Date.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Cooper Companies, Inc.), Revolving Credit and Term Loan Agreement (Cooper Companies, Inc.), Credit and Term Loan Agreement (Cooper Companies, Inc.)

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Conditions to Effectiveness of Extension. Notwithstanding the foregoing, any extension of any Applicable Maturity Date pursuant to this Section 2.22 shall not be effective with respect to any Extending Lender and each Additional Commitment Lender unless (i) no Default or Event of Default shall have occurred and be continuing on the applicable Extension Date and immediately after giving effect thereto; and (ii) the representations and warranties of the Borrowers Borrower set forth in this Agreement, and of each Loan Party in each of the other Loan Documents to which it is a party, are true and correct in all material respects (or in all respects if the applicable representation or warranty is qualified by Material Adverse Effect or materiality) on and as of the applicable Extension Date and after giving effect thereto, as though made on and as of such date (or, if any such representation or warranty is expressly stated to have been made as of a specific date, as of such date), as evidenced by delivery of a certificate of a Financial Officer of the Company Borrower on the Extension Date.

Appears in 3 contracts

Samples: Term Loan Agreement (Cooper Companies, Inc.), Term Loan Agreement (Cooper Companies, Inc.), Assignment and Assumption (Cooper Companies, Inc.)

Conditions to Effectiveness of Extension. Notwithstanding the foregoing, any extension of any Applicable Maturity Date pursuant to this Section 2.22 2.17 shall not be effective with respect to any Extending Lender and each Additional Commitment Lender unless (i) no Event of Default or Event of Potential Default shall have occurred and be continuing on the applicable Extension Date and immediately after giving effect thereto; and (ii) the representations and warranties of the Borrowers Borrower set forth in this Agreement, and of each Loan Party in each of the other Loan Related Documents to which it is a party, are true and correct in all material respects (or, to the extent qualified by materiality or Material Adverse Effect, in all respects if the applicable representation or warranty is qualified by Material Adverse Effect or materialityrespects) on and as of the applicable Extension Date and after giving effect thereto, as though made except to the extent such representations and warranties specifically relate to an earlier date, in which case such representations and warranties shall have been true and correct in all material respects (or, to the extent qualified by materiality or Material Adverse Effect, in all respects) on and as of such date (or, if any such representation or warranty is expressly stated to have been made as of a specific earlier date, as of such date), as evidenced by delivery of a certificate of a Financial Officer of the Company on the Extension Date.

Appears in 2 contracts

Samples: Credit Agreement (UL Solutions Inc.), Credit Agreement (UL Inc.)

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Conditions to Effectiveness of Extension. Notwithstanding the foregoing, any extension of any Applicable Maturity Date pursuant to this Section 2.22 2.17 shall not be effective with respect to any Extending Lender and each Additional Commitment Lender unless (i) no Event of Default or Event of Potential Default shall have occurred and be continuing on the applicable Extension Date and immediately after giving effect thereto; and (ii) the representations and warranties of the Borrowers Borrower set forth in this Agreement, and of each Loan Party in each of the other Loan Related Documents to which it is a party, are true and correct in all material respects (or, to the extent qualified by materiality or Material Adverse Effect, in all respects if the applicable representation or warranty is qualified by Material Adverse Effect or materialityrespects) on and as of the applicable Extension Date and after giving effect thereto, as though made except to the extent such representations and warranties specifically relate to an earlier date, in which case such representations and warranties shall have been true and correct in all material respects (or, to the extent qualified by materiality or Material Adverse Effect, in all respects) on and as of such date (or, if any such representation or warranty is expressly stated to have been made as of a specific earlier date, as of such date), as evidenced by delivery of a certificate of a Financial Officer of the Company Borrower on the Extension Date.. (g)

Appears in 1 contract

Samples: Credit Agreement (UL Solutions Inc.)

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