Renewal of Representations. It is a condition precedent to any disbursement under this Agreement that the representations, warranties and covenants contained in this Agreement are true at the time of payment and that the Recipient is not in default of compliance with any terms of this Agreement.
Renewal of Representations. All Borrower’s representations and warranties herein (whether made by incorporation under Section 4(d) hereof or in this Section 5 or otherwise) are made as of the Closing and as of each date thereafter that FHI requests a Draw. and as of each date that FHI receives a Draw.
Renewal of Representations. All Borrower’s representations and warranties herein (whether made by incorporation under Section 4.4 hereof or in this Section 5 or otherwise) were made as of September 15, 2006, are made as of the date hereof, and shall be deemed remade as of each date that FHI requests or receives a Draw.
Renewal of Representations. When submitting a claim for payment, as well as when submitting any report in accordance with Schedule 5, the Proponent must provide TPC with an update on all representations, warranties and undertakings made hereabove; all representations, warranties and undertakings not updated will be deemed renewed and unchanged from the date of execution of this Agreement or the last update as the case may be. Failure to update will constitute an Event of Default as a material change.
