Common use of No Existing Default Clause in Contracts

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from such Borrowing or Issuance. Each Notice of Borrowing and L/C Application or L/C Amendment Application submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of such notice and as of the applicable Borrowing Date or Issuance Date, that the conditions in this Section 5.3 are satisfied.

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from such Borrowing or Issuance. Each Notice of Borrowing and L/C Application or L/C Amendment Application submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of such notice and as of the applicable Borrowing Date or Issuance Date, that the conditions in this Section 5.3 5.2 are satisfied.

No Existing Default. No Event of Default or Unmatured Event of Default shall exist ------------------- or shall result from such Borrowing or continuation or conversion or Issuance. Each Notice of Borrowing Borrowing, Notice of Conversion/Continuation and L/C Application or L/C Amendment Application submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such notice and as of the applicable each Borrowing Date Date, Conversion/Continuation Date, or Issuance Date, as applicable, that the conditions in this Section 5.3 5.02 are satisfied.

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

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from such Borrowing or continuation or conversion or Issuance. Each Notice of Borrowing and Borrowing, L/C Application or L/C Amendment Application submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such notice and as of the applicable each Borrowing Date or Issuance Date, as applicable, that the conditions in this Section 5.3 SECTION 5.02 are satisfied.

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from such Borrowing or Issuance. Each Notice of Borrowing submitted by the Borrower hereunder and each L/C Application or L/C Amendment Application submitted by the Company Borrower hereunder shall constitute a representation and warranty by the Company Borrower hereunder, as of the date of each such notice and as of the applicable each Borrowing Date or Issuance Date, as applicable, that the conditions in this Section 5.3 5.02 are satisfied.

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from such Borrowing or Issuancecontinuation or conversion. Each Notice of Borrowing and Borrowing, L/C Application or L/C Amendment Application submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such notice and as of the applicable each Borrowing Date Date, or Issuance Date, as applicable, that the conditions in this Section 5.3 6.3 are satisfied.

No Existing Default. No Event of Default or Unmatured Event of Default shall exist ------------------- or shall result from such Borrowing or Issuance. Each Notice of Borrowing and L/C Application or L/C Amendment Application submitted by the Company Borrowers' Designee hereunder shall constitute a representation and warranty by the Company Borrowers' Designee and the applicable Borrower hereunder, as of the date of each such notice and as of the applicable each Borrowing Date or Issuance Date, as applicable, that the conditions in this Section 5.3 are satisfied.

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from such Borrowing or continuation or conversion or Issuance. Each Notice of Borrowing Borrowing, Notice of Conversion/Continuation and L/C Application or L/C Amendment Application submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such notice and as of the applicable each Borrowing Date Date, Conversion/Continuation Date, or Issuance Date, as applicable, that the conditions in this Section 5.3 5.2 are satisfied.

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from such Borrowing or continuation or conversion or Issuance. Each Notice of Borrowing and Borrowing, L/C Application or L/C Amendment Application submitted by the Company Borrower hereunder shall constitute a representation and warranty by the Borrower and the Company hereunder, as of the date of each such notice and as of the applicable each Borrowing Date or Issuance Date, as applicable, that the conditions in this Section 5.3 5.02 are satisfied.

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from after giving effect to such Borrowing or Issuance. Each Notice of Borrowing Borrowing, and each L/C Application or and, if requesting a Credit Extension, L/C Amendment Application Application, submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunderthat, as of the date of each such notice and as of the applicable each Borrowing Date or Issuance Date, that the conditions in this Section 5.3 subsections 5.02(a), (b) and (c) are satisfied.

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from such Borrowing or IssuanceBorrowing. Each Notice of Borrowing and L/C Application or L/C Amendment Application submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such notice and as of the applicable each Borrowing Date or Issuance Date, that the conditions in this Section 5.3 5.02 are satisfied.

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from such Borrowing or continuation or conversion or Issuance. Each Notice of Borrowing and Borrowing, L/C Application or L/C Amendment Application submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such notice and as of the applicable each Borrowing Date, Special Funding Date or Issuance Date, as applicable, that the conditions in this Section 5.3 SECTION 5.02 are satisfied.

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from such Borrowing or Issuance. Each Notice of Borrowing and L/C Application or L/C Amendment Application submitted by the Company Borrowers hereunder shall constitute a representation and warranty by the Company Borrowers hereunder, as of the date of each such notice and as of the applicable each Borrowing Date or Issuance Date, as applicable, that all of the conditions in this Section 5.3 5.02 are satisfied.

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from such Borrowing or Issuance. Each Notice of Borrowing and Borrowing, L/C Application or L/C Amendment Application submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such notice and as of the applicable each Borrowing Date or Issuance Date, as applicable, that the conditions in this Section 5.3 5.02 are satisfied.

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from such Borrowing or Issuance. Each Notice of Borrowing and L/C Application or L/C Amendment Application submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such notice and as of the applicable each Borrowing Date or Issuance Date, as applicable, that the conditions in this Section 5.3 SECTION 5.02 are satisfied.

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from such Borrowing or Issuance. Each Notice of Borrowing and L/C Application or L/C Amendment Application submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such notice and as of the applicable each Borrowing Date or Issuance Date, that the conditions in this Section 5.3 subsection 5.02(a), (b) and (c) are satisfied.

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from such Borrowing or Issuance. Each Notice of Borrowing and Borrowing, notice of acceptance of an L/C Application or and L/C Amendment Application submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunderthat, as of the date of each such notice and as of the applicable relevant Borrowing Date or Issuance Date, that as applicable, the conditions in this Section 5.3 5.2 are satisfied.

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from such Borrowing or Issuance. Each Notice of Borrowing and Borrowing, L/C Application or L/C Amendment Application submitted or deemed submitted by the Company Borrowers hereunder shall constitute a representation and warranty by the Company Borrowers hereunder, as of the date of each such notice and as of the applicable each Borrowing Date or and Issuance Date, Date that the conditions in this Section 5.3 5.2 are satisfied.

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from such Borrowing or Issuance. Each Notice of Borrowing and L/C Application or L/C Amendment Application submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such notice and as of the applicable each Borrowing Date or Issuance Date, that the conditions in this Section 5.3 subsection 5.02(a), (b) and (c) are satisfied.. -44- 52

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from such Borrowing or Issuance. Each Notice of Borrowing and L/C Application or L/C Amendment Application submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of such notice and as of the applicable Borrowing Date or -57- 65 Issuance Date, that the conditions in this Section 5.3 are satisfied.

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from such Borrowing or Issuance. Each Notice of Borrowing and Committed Borrowing, notice of acceptance of a Competitive Bid, L/C Application or and L/C Amendment Application submitted by the Company a Borrower hereunder shall constitute a representation and warranty by the Company hereundersuch Borrower that, as of the date of each such notice and as of the applicable relevant Borrowing Date or Issuance Date, that as applicable, the conditions in this Section 5.3 5.2 are satisfied.

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from such Borrowing or continuation or conversion or Issuance. Each Notice of Borrowing and Borrowing, Notice of Conversion/Continuation, L/C Application or and L/C Amendment Application submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such notice and as of the applicable each Borrowing Date Date, Conversion/Continuation Date, or Issuance DateDate as applicable, that the conditions in this Section 5.3 5.02 are satisfied.

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from after giving effect to such Borrowing or Issuance. Each Notice of Borrowing Borrowing, Notice of Competitive Bid Request and L/C Application or L/C Amendment Application submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such notice and as of the applicable each Borrowing Date or Issuance Date, that the conditions in this Section 5.3 subsection 5.02(a), (b) and (c) are satisfied.

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from such Borrowing or IssuanceBorrowing. Each Notice of Borrowing and Committed Borrowing, Invitation for Competitive Bids, L/C Application or and L/C Amendment Application submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunderthat, as of the date of such notice or request and as of the applicable Borrowing Date or Issuance Date, that the conditions in this Section 5.3 SECTION 5.2 are satisfied.

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall ------------------- result from such Borrowing or IssuanceBorrowing. Each Notice of Borrowing and L/C Application or L/C Amendment Application submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such notice and as of the applicable each Borrowing Date or Issuance Date, as applicable, that the conditions in this Section 5.3 5.2 are satisfied.. -----------

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from after giving effect to such Borrowing or Issuance. Each Notice of Borrowing and L/C Application or L/C Amendment Application submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such notice and as of the applicable each Borrowing Date or Issuance Date, that the conditions in this Section 5.3 subsections 5.02(a), (b) and (c) are satisfied.

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from such Borrowing or Issuance. Each Notice of Borrowing and Borrowing, L/C Application or L/C Amendment Application submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such notice and as of the applicable each Borrowing Date or Issuance Date, as applicable, that the conditions in this Section 5.3 SECTION 5.02 are satisfied.

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from after giving effect to such Borrowing Borrowing, continuation, conversion or Issuance. Each Notice of Borrowing and Borrowing, L/C Application or L/C Amendment Application submitted by the Company hereunder by, or on behalf of, a Borrower shall constitute a representation and warranty by the Company hereundersuch Borrower, as of the date of each such notice and as of the applicable each Borrowing Date or Issuance Date, as applicable, that the conditions in this Section 5.3 5.02 are satisfied.

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from such Borrowing or IssuanceBorrowing. Each Notice of Borrowing and L/C Application or (if such L/C Amendment Application requests a Credit Extension) submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunderthat, as of the date of such notice or request and as of the applicable Borrowing Date or Issuance Date, that the conditions in this Section 5.3 4.2 are satisfied.

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from such Borrowing or continuation or conversion or Issuance. Each Notice of Borrowing and Borrowing, L/C Application or L/C Amendment Application submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such notice and as of the applicable each Borrowing Date or Issuance Date, as applicable, that the conditions in this Section 5.3 5.03 are satisfied.. -48-

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from such Borrowing or Issuance. Each Notice of Borrowing and L/C Application or L/C Amendment Application submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such notice and as of the applicable each Borrowing Date or Issuance Date, that the conditions in this Section 5.3 are satisfied.or

No Existing Default. No Event of Default or Unmatured Event of Default shall exist or shall result from such Borrowing or continuation or Issuance. Each Notice of Borrowing and Borrowing, L/C Application or L/C Amendment Application submitted by the Company Borrower hereunder shall constitute a representation and warranty by the Company Borrower hereunder, as of the date of each such notice and as of the applicable each Borrowing Date or Issuance Date, as applicable, that the conditions in this Section 5.3 5.02 are satisfied.