Common use of Credit Events Clause in Contracts

Credit Events. On the date of each Credit Event, including the date of each refinancing of a Borrowing as contemplated by Section 2.5: (a) The Administrative Agent shall have received in respect of such advance or refinancing a Borrowing Notice as required by Section 2.3. (b) The representations and warranties set forth in Article III hereof shall have been true and correct in all material respects both (i) on the date hereof and (ii) as of such date, except to the extent such representations and warranties expressly relate and are limited to a different date. (c) At the time of and immediately after such advance or refinancing no Event of Default or Potential Default shall have occurred and be continuing. Each advance or refinancing hereunder shall be deemed to constitute a representation and warranty by the Borrower on the date of such Credit Event as to the satisfaction of the conditions specified in paragraphs (b) and (c) of this Section 4.1.

Credit Events. On the date of each Credit Event, including the date of each refinancing reborrowing of a Borrowing as contemplated by Section 2.5: (a) The Administrative Agent Lender shall have received in respect of such advance or refinancing reborrowing a Borrowing Notice as required by Section 2.3. (b) The representations and warranties set forth in Article III hereof shall have been true and correct in all material respects both (i) on the date hereof and (ii) as of such date, except to the extent such representations and warranties expressly relate and are limited to a different date. (c) At the time of and immediately after such advance or refinancing reborrowing no Event of Default or Potential Default shall have occurred and be continuingcontinuing or shall exist. Each advance or refinancing hereunder shall be deemed to constitute a representation and warranty by the Borrower on the date of such Credit Event as to the satisfaction of the conditions specified in paragraphs (b) and (c) of this Section 4.1.

Credit Events. On the date of each Credit Event, including the date of each refinancing reborrowing of a Borrowing as contemplated by Section 2.5: (a) The Administrative Agent shall have received in respect of such advance or refinancing reborrowing a Borrowing Notice as required by Section 2.3. (b) The representations and warranties set forth in Article III hereof shall have been true and correct in all material respects both (i) on the date hereof and (ii) as of such date, except to the extent such representations and warranties expressly relate and are limited to a different date. (c) At the time of and immediately after such advance or refinancing reborrowing no Event of Default or Potential Default shall have occurred and be continuingcontinuing or shall exist. Each advance or refinancing hereunder shall be deemed to constitute a representation and warranty by the Borrower on the date of such Credit Event as to the satisfaction of the conditions specified in paragraphs (b) and (c) of this Section 4.1.