Common use of Notice of Borrowing Representation Clause in Contracts

Notice of Borrowing Representation. Each Notice of Borrowing given by a Borrower in accordance with Section 2.4 hereof and the acceptance by Borrower of the proceeds of a Revolving Credit Loan shall constitute a representation and warranty by the Borrower, made as of the time of the making of such Revolving Credit Loan, that the conditions specified in Sections 7.1 (solely with respect to the initial Revolving Credit Loan and Letter of Credit issuances) and 7.2 (with respect to all other Revolving Credit Loans or Letter of Credit issuances) have been fulfilled as of such time.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Phoenix Footwear Group Inc), Revolving Credit and Term Loan Agreement (Phoenix Footwear Group Inc)

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Notice of Borrowing Representation. Each Notice of Borrowing given by a Borrower in accordance with Section 2.4 1.7 hereof and the acceptance by Borrower of the proceeds of a Revolving Credit Loan shall constitute a representation and warranty by the Borrower, made as of the time of the making of such Revolving Credit Loan, that the conditions specified in Sections 7.1 1.63 (solely with respect to the initial Revolving Credit Loan and Letter of Credit issuances) and 7.2 1.64 (with respect to all other Revolving Credit Loans or Letter of Credit issuances) have been fulfilled as of such time.

Appears in 1 contract

Samples: Credit Facility Agreement (Phoenix Footwear Group Inc)

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Notice of Borrowing Representation. Each Notice of Borrowing given by a Borrower in accordance with Section 2.4 6.1 hereof and the acceptance by Borrower of the proceeds of a Revolving Credit Loan shall constitute a representation and warranty by the Borrower, made as of the time of the making of such Revolving Credit Loan, that the conditions specified in Sections 7.1 8.1 (solely with respect to the initial Revolving Credit Loan and Letter of Credit issuances) and 7.2 8.2 (with respect to all other Revolving Credit Loans or Letter of Credit issuances) have been fulfilled as of such time.

Appears in 1 contract

Samples: Credit Facility Agreement (Phoenix Footwear Group Inc)

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