Common use of Deemed Representation Clause in Contracts

Deemed Representation. Each of the giving of any Accommodation Request and the acceptance or use by the Borrower of the proceeds of any Accommodation shall be deemed to constitute a representation and warranty by the Borrower that, on the date of such Accommodation Request and on the date of any Accommodation being provided and after giving effect thereto, the applicable conditions precedent set forth in this Article 6 shall have been satisfied, fulfilled or otherwise met.

Appears in 3 contracts

Samples: Third Amending Agreement (Telus Corp), Credit Agreement (Kinder Morgan Inc), Credit Agreement (Kinder Morgan Inc)

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Deemed Representation. Each of the giving of any Accommodation Request and the acceptance or use by the Borrower of the proceeds of any Accommodation shall be deemed to constitute a representation and warranty by the Borrower that, on the date of such Accommodation Request and on the date of any Accommodation being provided and after giving effect thereto, the applicable conditions precedent set forth in this Article ARTICLE 6 shall have been satisfied, fulfilled or otherwise met.

Appears in 1 contract

Samples: Credit Agreement (Telus Corp)

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