Each Commitment Increase. The Commitments shall not be increased in accordance with Section 2.19 unless on the applicable Increase Date: (a) No Default or Unmatured Default shall have occurred and be continuing and none would result from such Commitment Increase. (b) The representations and warranties contained in Article V are true and correct (in all respects to the extent qualified by “material” or “material adverse effect” and in all material respects to the extent not so qualified) as of such Increase Date immediately after giving effect to such Commitment Increase (or, to the extent that any such representation and warranty specifically refers to an earlier date, as of such earlier date). Each notice of Commitment Increase with respect to each such Commitment Increase shall constitute a representation and warranty by the Borrower Representative that the applicable conditions contained in Section 4.4 shall be satisfied (or waived).
Appears in 5 contracts
Samples: Credit Agreement (Aon PLC), Credit Agreement (Aon PLC), Credit Agreement (Aon PLC)
Each Commitment Increase. The Commitments shall not be increased in accordance with Section 2.19 unless on the applicable Increase Date:
(a) No There exists no Default or Unmatured Default shall have occurred and be continuing and none would result from such Commitment Increase.
(b) The representations and warranties contained in Article V are true and correct (in all respects to the extent qualified by “material” or “material adverse effect” and in all material respects to the extent not so qualified) as of such Increase Date immediately after giving effect to such Commitment Increase (or, to the extent that any such representation and warranty specifically refers to an earlier date, as of such earlier date). Each notice of Commitment Increase with respect to each such Commitment Increase shall constitute a representation and warranty by the Borrower ParentBorrower Representative that the applicable conditions contained in Section 4.4 shall be satisfied (or waived).
Appears in 1 contract
Samples: Five Year Credit Agreement (Aon PLC)
Each Commitment Increase. The Commitments shall not be increased in accordance with Section 2.19 unless on the applicable Increase Date:
(a) No There exists no Default or Unmatured Default shall have occurred and be continuing and none would result from such Commitment Increase.
(b) The representations and warranties contained in Article V are true and correct (in all respects to the extent qualified by “material” or “material adverse effect” and in all material respects to the extent not so qualified) as of such Increase Date immediately after giving effect to such Commitment Increase (or, to the extent that any such representation and warranty specifically refers to an earlier date, as of such earlier date). Each notice of Commitment Increase with respect to each such Commitment Increase shall constitute a representation and warranty by the Borrower Representative Parent that the applicable conditions contained in Section 4.4 shall be satisfied (or waived)have been satisfied.
Appears in 1 contract
Samples: Credit Agreement (Aon PLC)
Each Commitment Increase. The Commitments shall not be increased in accordance with Section 2.19 unless on the applicable Increase Date:
(a) No There exists no Default or Unmatured Default shall have occurred and be continuing and none would result from such Commitment Increase.
(b) The representations and warranties contained in Article V are true and correct (in all respects to the extent qualified by “material” or “material adverse effect” and in all material respects to the extent not so qualified) as of such Increase Date immediately after giving effect to such Commitment Increase (or, to the extent that any such representation and warranty specifically refers to an earlier date, as of such earlier date). Each notice of Commitment Increase with respect to each such Commitment Increase shall constitute a representation and warranty by the Borrower ParentBorrower Representative that the applicable conditions contained in Section 4.4 shall have beenshall be satisfied (or waived).
Appears in 1 contract
Samples: Five Year Credit Agreement (Aon PLC)
Each Commitment Increase. The Commitments shall not be increased in accordance with Section 2.19 unless on the applicable Increase Date:
(a) No There exists noNo Default or Unmatured Default shall have occurred and be continuing and none would result from such Commitment Increase.
(b) The representations and warranties contained in Article V are true and correct (in all respects to the extent qualified by “material” or “material adverse effect” and in all material respects to the extent not so qualified) as of such Increase Date immediately after giving effect to such Commitment Increase (or, to the extent that any such representation and warranty specifically refers to an earlier date, as of such earlier date). Each notice of Commitment Increase with respect to each such Commitment Increase shall constitute a representation and warranty by the Borrower Representative that the applicable conditions contained in Section 4.4 shall be satisfied (or waived).
Appears in 1 contract
Samples: Five Year Credit Agreement (Aon PLC)
Each Commitment Increase. The Commitments shall not be increased in accordance with Section 2.19 unless on the applicable Increase Date:
(a) No There exists no Default or Unmatured Default shall have occurred and be continuing and none would result from such Commitment Increase.
(b) The representations and warranties contained in Article V are true and correct (in all respects to the extent qualified by “material” or “material adverse effect” and in all material respects to the extent not so qualified) as of such Increase Date immediately after giving effect to such Commitment Increase (or, to the extent that any such representation and warranty specifically refers to an earlier date, as of such earlier date). Each notice of Commitment Increase with respect to each such Commitment Increase shall constitute a representation and warranty by the Borrower Representative Parent that the applicable conditions contained in Section 4.4 shall be satisfied (or waived).
Appears in 1 contract
Samples: Credit Agreement (Aon PLC)