Each Extension of Credit. The obligation of each Lender to make a Loan on the occasion of any Borrowing, and of the Issuing Banks to issue, amend, renew or extend any Letter of Credit, is subject to the satisfaction of the following conditions: (a) The representations and warranties of the Borrower set forth in this Agreement (other than the representations contained in Section 3.04(b) and 3.06(b)) shall be true and correct in all material respects on and as of the date of such Borrowing or the date of issuance, amendment, renewal or extension of such Letter of Credit, as applicable, except in the case of any representation or warranty that by its terms relates to a specified earlier date or dates, in which case such representation or warranty shall have been true and correct in all material respects as of such earlier date or dates. (b) At the time of and immediately after giving effect to such Borrowing or the issuance, amendment, renewal or extension of such Letter of Credit, as applicable, no Default or Event of Default shall have occurred and be continuing. Each Borrowing and each issuance, amendment, renewal or extension of a Letter of Credit shall be deemed to constitute a representation and warranty by the Borrower on the date thereof as to the matters specified in paragraphs (a) and (b) of this Section.
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Each Extension of Credit. The obligation of each Lender to make a Loan on the occasion of any Borrowing, Borrowing and the obligation of the any LC Issuing Banks Bank to issue, amend, renew or extend any Letter of Credit, is are each subject to receipt of the Borrower’s request therefor in accordance herewith and to the satisfaction of the following conditions:
(a) The representations and warranties of the Borrower each Credit Party set forth in this Agreement (other than the representations contained in Section 3.04(b) and 3.06(b)) Loan Documents shall be true and correct in all material respects on and as of the date of such Borrowing or the date of issuance, amendment, renewal or extension of such Letter of Credit, as applicable, except in the case of any representation or warranty that by its terms relates to a specified earlier date or dates, in which case such representation or warranty shall have been true and correct in all material respects as of such earlier date or dates.
(b) At the time of and immediately Immediately after giving effect to such Borrowing or the issuance, amendment, renewal or extension of such Letter of Credit, as applicable, no Default or Event of Default shall have occurred and be continuing. Each Borrowing and each issuance, amendment, renewal or extension of a Letter of Credit shall be deemed to constitute a representation and warranty by the Borrower on the date thereof as to the matters specified in paragraphs clauses (a) and (b) of this Section.
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Samples: Credit Agreement (Gear & Broach, Inc. C/O FastenTech, Inc.)
Each Extension of Credit. The obligation of each Lender to make a Loan on the occasion of any Borrowing, Borrowing and the obligation of the any LC Issuing Banks Bank to issue, amend, renew or extend any Letter of Credit, is are each subject to receipt of the Borrower's request therefor in accordance herewith and to the satisfaction of the following conditions:
(a) The representations and warranties of the Borrower each Credit Party set forth in this Agreement (other than the representations contained in Section 3.04(b) and 3.06(b)) Loan Documents shall be true and correct in all material respects on and as of the date of such Borrowing or the date of issuance, amendment, renewal or extension of such Letter of Credit, as applicable, except in the case of any representation or warranty that by its terms relates to a specified earlier date or dates, in which case such representation or warranty shall have been true and correct in all material respects as of such earlier date or dates.
(b) At the time of and immediately Immediately after giving effect to such Borrowing or the issuance, amendment, renewal or extension of such Letter of Credit, as applicable, no Default or Event of Default shall have occurred and be continuing. Each Borrowing and each issuance, amendment, renewal or extension of a Letter of Credit shall be deemed to constitute a representation and warranty by the Borrower on the date thereof as to the matters specified in paragraphs clauses (a) and (b) of this Section.
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Samples: Credit Agreement (Integrated Energy Technologies Inc)
Each Extension of Credit. The obligation of each Lender to make a Loan on the occasion of any Borrowing, Borrowing and the obligation of the LC Issuing Banks Bank to issue, amend, renew or extend any Letter of Credit, is are each subject to receipt of the Borrower's request therefor in accordance herewith and to the satisfaction of the following conditions:
(a) The representations and warranties of the Borrower each Credit Party set forth in this Agreement (other than the representations contained in Section 3.04(b) and 3.06(b)) Loan Documents shall be true and correct in all material respects on and as of the date of such Borrowing or the date of issuance, amendment, renewal or extension of such Letter of Credit, as applicable, except in the case of any representation or warranty that by its terms relates to a specified earlier date or dates, in which case such representation or warranty shall have been true and correct in all material respects as of such earlier date or dates.
(b) At the time of and immediately Immediately after giving effect to such Borrowing or the issuance, amendment, renewal or extension of such Letter of Credit, as applicable, no Default or Event of Default shall have occurred and be continuing. Each Borrowing and each issuance, amendment, renewal or extension of a Letter of Credit shall be deemed to constitute a representation and warranty by Holdings and the Borrower Company on the date thereof as to the matters specified in paragraphs clauses (a) and (b) of this Section.
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