Common use of No Existing Default Clause in Contracts

No Existing Default. No Default or Event of Default shall exist or shall result from such Borrowing, continuation or conversion, or Issuance. Each Notice of Borrowing, Notice of Conversion/Continuation, Competitive Bid Request, L/C Application and L/C Amendment Application submitted by a Borrower hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such notice or request and as of each disbursement date, Conversion/Continuation Date or Issuance Date, as applicable, that the conditions in this Section 5.02 are satisfied.

No Existing Default. No Default or Event of Default shall exist exists or shall result from such Borrowing, Borrowing or continuation or conversion, or Issuance. Each Notice of Borrowing, Notice of Conversion/ContinuationSwing Line Loans, Competitive Bid Request, notice of acceptance of an L/C Application and L/C Amendment Application and Notice of Conversion/Continuation submitted by a Borrower the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such notice or request and as of each disbursement dateBorrowing Date, Issuance Date or Conversion/Continuation Date or Issuance Date, as applicable, that the conditions in this Section 5.02 are satisfied.

No Existing Default. No Default or Event of Default shall exist or shall result from such Borrowing, continuation or conversion, conversion or Issuance. Each Notice of Borrowing, Notice of Conversion/Continuation, Competitive Bid Request, Continuation and L/C Application and or L/C Amendment Application submitted by a the Borrower hereunder shall constitute a representation and warranty by the Company Borrower hereunder, as of the date of each such notice or request and as of each disbursement dateBorrowing Date, Conversion/Continuation Date or Issuance Date, as applicable, that the conditions in this Section 5.02 are satisfied.

No Existing Default. No Default or Event of Default shall exist or shall result from the making of such Borrowing, Loan or its continuation or conversion, conversion or Issuance. ; and Each Notice of Borrowing, Notice of Conversion/Continuation, Competitive Bid Request, L/C Application Continuation and L/C Amendment Application application or L/C amendment application submitted by a the Borrower hereunder shall constitute a representation and warranty by the Company Borrower hereunder, as of the date of each such notice or request and as of each disbursement dateBorrowing Date, Conversion/Continuation Date Date, or Issuance Date, Date as applicable, that the conditions in this Section 5.02 are satisfied.

No Existing Default. No Default or Event of Default shall exist or shall result from such Borrowing, Issuance or continuation or conversion, or Issuance. Each The delivery of each Notice of Borrowing, Notice of Conversion/Continuation, Competitive Bid Request, Invitation for Competitive Bid, L/C Application and L/C Amendment Application submitted by a Borrower to the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such notice or request and as of each disbursement dateBorrowing Date, Issuance Date or Conversion/Continuation Date or Issuance Date, as applicable, that the conditions in this Section 5.02 5.2 are satisfied.

No Existing Default. No Default or Event of Default shall exist ------------------- or shall result from such Borrowing, Borrowing or continuation or conversion, conversion or Issuance. Each Notice of Borrowing, Notice of Conversion/Continuation, Competitive Bid Request, Continuation and L/C Application and or L/C Amendment Application submitted by a the Borrower hereunder shall constitute a representation and warranty by the Company Borrower hereunder, as of the date of each such notice or request and as of each disbursement dateBorrowing Date, Conversion/Continuation Date Date, or Issuance Date, as applicable, that the conditions in this Section 5.02 are satisfied.

No Existing Default. No Default or Event of Default shall exist or shall result from the making of such Borrowing, Loan or its continuation or conversion, conversion or Issuance. ; and Each Notice of Borrowing, Notice of Conversion/Continuation, Competitive Bid Request, Continuation and L/C Application and or L/C Amendment Application submitted by a the Borrower hereunder shall constitute a representation and warranty by the Company Borrower hereunder, as of the date of each such notice or request and as of each disbursement dateBorrowing Date, Conversion/Continuation Date Date, or Issuance Date, Date as applicable, that the conditions in this Section 5.02 are satisfied.

No Existing Default. No Default or Event of Default shall exist or shall result from such Borrowing, continuation or conversioncontinuation, conversion or Issuance. Each Notice of Borrowing, Notice of Conversion/Continuation, Competitive Bid Requestoral notice of borrowing under Section 2.4, L/C Application and L/C Amendment Application submitted by a Borrower the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such notice or request and as of each disbursement dateBorrowing Date, Conversion/Continuation Date or Issuance Date, as applicable, that the conditions in this Section 5.02 5.2 are satisfied.

No Existing Default. No Default or Event of Default shall exist or shall result from such Borrowing, continuation or conversion, Issuance or Issuanceextension. Each Notice of Borrowing, Borrowing and Notice of Conversion/Continuation, Competitive Bid Request, Continuation and L/C Application and or L/C Amendment Application submitted by a Borrower hereunder shall constitute a representation and warranty by the Company all Borrowers hereunder, as of the date of each such notice or request application and as of each disbursement dateBorrowing Date, Conversion/Continuation Date or Issuance DateDate or date of extension, as applicable, that the conditions in this Section 5.02 5.2 are satisfied.

No Existing Default. No Default or Event of Default shall exist or shall result from such Borrowing, continuation or continuation, conversion, Issuance, or Issuanceamendment or extension. Each Notice of Borrowing, Notice of Conversion/Continuation, Competitive Bid Request, L/C Application Application, and L/C Amendment Application submitted by a Borrower the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such notice or request and as of each disbursement dateBorrowing Date, Conversion/Continuation Date Date, or date of Issuance Dateor amendment or extension, as applicable, that the conditions in this Section 5.02 5.3 are satisfied.