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 or continuation or conversion. Each Notice of Borrowing and Notice of Conversion/Continuation and Competitive Bid Request submitted by Company hereunder shall constitute a representation and warranty by Company hereunder, as of the date of each such notice or request and as of each disbursement date or Conversion/Continuation Date, as applicable, that the conditions in this Section are satisfied.

No Existing Default. No Default or Event of Default shall exist or ------------------- shall result from such Borrowing or continuation or conversion. Each Notice of Borrowing and Notice of Conversion/Continuation and Competitive Bid Request submitted by 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 date Borrowing Date or Conversion/Continuation Date, as applicable, that the conditions in this Section 4.02 are satisfied.

No Existing Default. No Default or Event of Default shall exist or shall result from such Borrowing or continuation or conversion. Each Notice of Borrowing and Notice of Conversion/Continuation and Competitive Bid Request submitted by Company either of the Companies hereunder shall constitute a representation and warranty by Company the Companies hereunder, as of the date of each such notice or request and as of each disbursement date Borrowing Date or Conversion/Continuation Date, as applicable, that the conditions in this Section 4.02 are satisfied.

No Existing Default. No Default or Event of Default shall exist ------------------- or shall result from such Borrowing or continuation or conversion. Each Notice of Borrowing and Notice of Conversion/Continuation and Competitive Bid Request submitted by the Company hereunder shall constitute a representation and warranty by Company hereunderthe Company, as of the date of each such notice or request and as of each disbursement date Borrowing Date or Conversion/Continuation Date, as applicable, that the conditions in this Section 4.02 are satisfied.

No Existing Default. No Default or Event of Default shall exist or ------------------- shall result from such Borrowing or continuation or conversion. Each Notice of Borrowing and Notice of Conversion/Continuation and Competitive Bid Request submitted by the Company hereunder hereunder, and any notice submitted by the Company pursuant to subsection 2.1(b), 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 Borrowing Date or Conversion/Continuation Date, as applicablethe case may be, that the applicable conditions in this Section 4.2 are satisfied.

No Existing Default. No Default or Event of Default shall exist or shall result from such Borrowing or continuation or conversion. Each Notice of Borrowing and Notice of Conversion/Continuation and Competitive Bid Request submitted by the Company hereunder hereunder, and any notice submitted by the Company pursuant to subsection 2.1(c), 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 Borrowing Date or Conversion/Continuation Date, as applicablethe case may be, that the applicable conditions in this Section 4.2 are satisfied.

No Existing Default. No Default or Event of Default shall exist or shall result from such Borrowing or continuation or conversion. Each Notice of Committed Borrowing and Notice of Conversion/Continuation and Competitive Bid Request submitted by the Company hereunder shall constitute a representation and warranty by the Company (and by the relevant Borrower, as applicable) hereunder, as of the date of each such notice or request and as of each disbursement date Borrowing Date or Conversion/Continuation Date, as applicable, that the conditions in this Section 4.02 are satisfied.

No Existing Default. No Default or Event of Default shall exist or shall result from such Borrowing borrowing or a continuation or conversion. Each Notice of Borrowing and Notice of Conversion/Continuation and Competitive Bid Request each telephonic notice of a requested borrowing, conversion or continuation submitted by 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 requested borrowing date or Conversion/Continuation Datedate of such conversion or continuation, as applicable, that the conditions in this Section 11.2 are satisfied.

No Existing Default. No Default or Event of Default shall exist or shall result from such Borrowing Borrowing, or continuation or conversion. Each Notice of Borrowing and Notice of Conversion/Continuation and Competitive Bid Request submitted by a Company hereunder shall constitute a representation and warranty by Company the Companies hereunder, as of the date of each such notice or request and as of each disbursement date Borrowing Date or Conversion/Continuation Date, as applicable, that the conditions in this Section 4.2 are satisfied.

No Existing Default. No Default or Event of Default shall exist or shall result from such Borrowing or Borrowing, continuation or conversion. Each Notice of Borrowing Borrowing, Competitive Bid Request, and Notice of Conversion/Continuation and Competitive Bid Request submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such notice or request application and as of the date of each disbursement date Borrowing, conversion or Conversion/Continuation Date, as applicable, continuation that the conditions in this Section 4.02 are satisfied.

No Existing Default. No Default or Event of Default shall exist or shall result from such Borrowing or continuation or conversion. Each Notice of Borrowing Borrowing, LC Application and Notice of Conversion/Continuation and Competitive Bid Request submitted by 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 date Borrowing Date or Conversion/Continuation Date, as applicable, that the conditions in this Section 4.2 are satisfied.

No Existing Default. No Default or Event of Default shall exist or shall result from such Borrowing or continuation or conversionconversion or issuance. Each Notice of Borrowing and Notice of ConversionContinuation/Continuation and Competitive Bid Request Conversion submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such notice or request application and as of the date of each disbursement date Borrowing, continuation or Conversion/Continuation Dateconversion or issuance, as applicable, that the conditions in this Section 4.2 are satisfied.

No Existing Default. No Default or Event of Default shall ------------------- exist or shall result from such Borrowing or continuation or conversionBorrowing. Each Notice of Borrowing and Notice of Conversion/Continuation and Competitive Bid Request submitted by 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 date or Conversion/Continuation Date, as applicable, Borrowing Date that the conditions in this Section 5.2 are satisfied.