Common use of Incorrect Representations Clause in Contracts

Incorrect Representations. If any representation or warranty made by the Borrower or any Restricted Subsidiary in this Agreement or any other Loan Document is incorrect in any material respect when made and (if capable of being remedied) such inaccuracy continues for a period of 30 days after notice is given to the Borrower by the Agent specifying such default and requiring it to be remedied (or such longer period as may be acceptable to the Majority Lenders acting reasonably if the Borrower is diligently taking steps to remedy such inaccuracy).

Appears in 3 contracts

Samples: Credit Agreement (Nova Chemicals Corp /New), Credit Agreement (Nova Chemicals Corp /New), Credit Agreement (Nova Chemicals Corp /New)

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Incorrect Representations. If any representation or warranty made by the Borrower or any Restricted Subsidiary in this Agreement or any other Loan Document is incorrect in any material respect when made and (if capable of being remedied) such inaccuracy continues for a period of 30 10 days after notice is given to the Borrower by the Agent specifying making of such default and requiring it to be remedied (representation or such longer period as may be acceptable to the Majority Lenders acting reasonably if the Borrower is diligently taking steps to remedy such inaccuracywarranty).

Appears in 1 contract

Samples: Credit Agreement (Nova Chemicals Corp /New)

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