Common use of Default, etc Clause in Contracts

Default, etc. On the Effective Date (both before and after giving effect to the occurrence of the Effective Date) there shall exist no Default or Event of Default and all representations and warranties made by the Loan Parties herein or in the other Loan Documents or otherwise by the Loan Parties in writing in connection herewith or therewith shall be true and correct in all material respects with the same effect as though such representations and warranties have been made at and as of such time.

Appears in 5 contracts

Samples: Credit Agreement (Firstcity Financial Corp), Revolving Credit Agreement (Firstcity Financial Corp), Term Loan and Revolving Credit Agreement (Firstcity Financial Corp)

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Default, etc. On the Effective Date (both before and after giving effect to the occurrence of the Effective DateDate assuming such Effective Date has occurred) there shall exist no Default or Event of Default and all representations and warranties made by the Loan Parties Borrower herein or in the other Loan Documents or otherwise by the Loan Parties Borrower in writing in connection herewith or therewith shall be true and correct in all material respects with the same effect as though such representations and warranties have been made at and as of such time.

Appears in 1 contract

Samples: Reducing Note Facility Agreement (Firstcity Financial Corp)

Default, etc. On the Effective Date (both before and after giving effect to the occurrence of the Effective DateDate assuming such Effective Date has occurred) there shall exist no Default or Event of Default and all representations and warranties made by the Loan Parties herein or in the other Loan Documents or otherwise by the Loan Parties in writing in connection herewith or therewith shall be true and correct in all material respects with the same effect as though such representations and warranties have been made at and as of such time.

Appears in 1 contract

Samples: Reducing Note Facility Agreement (Firstcity Financial Corp)

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Default, etc. On the Effective Date (both before and after giving effect to the occurrence of the Effective DateDate assuming such Date has occurred) there shall exist no Default or Event of Default and all representations and warranties made by the Loan Parties herein or in the other Loan Documents or otherwise by the Loan Parties in writing in connection herewith or therewith shall be true and correct in all material respects with the same effect as though such representations and warranties have been made at and as of such time.

Appears in 1 contract

Samples: Reducing Note Facility Agreement (Firstcity Financial Corp)

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