Common use of Representation by the Lender Clause in Contracts

Representation by the Lender. Each Lender hereby represents that it is a commercial lender or financial institution which makes loans in the ordinary course of its business and that it will make its Loans hereunder for its own account in the ordinary course of such business; provided that, subject to Section 7.05 of this Agreement, the disposition of the Notes or an interest in this Agreement held by such Lender shall at all times be within its exclusive control.

Appears in 13 contracts

Samples: Five Year Credit Agreement (South Carolina Electric & Gas Co), Five Year Credit Agreement (South Carolina Electric & Gas Co), Five Year Credit Agreement (South Carolina Electric & Gas Co)

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Representation by the Lender. Each The Lender hereby represents ---------------------------- that it is a commercial lender or financial institution which makes loans Revolving Loans in the ordinary course of its business and that it will make its Revolving Loans hereunder for its own account in the ordinary course of such business; provided provided, however that, subject to Section 7.05 of this Agreement7.6, the disposition of the Notes or an interest in this Agreement Note held ----------------- by such the Lender shall at all times be within its exclusive control.

Appears in 1 contract

Samples: Credit Agreement (Certegy Inc)

Representation by the Lender. Each Lender hereby represents that it is a commercial lender or financial institution which makes loans in the ordinary course of its business and that it will make its Loans hereunder for its own account in the ordinary course of such business; provided that, subject to Section 7.05 of this Agreement, the disposition of the Notes or an interest in this Agreement held by such Lender shall at all times be within its exclusive control.to

Appears in 1 contract

Samples: Credit Agreement (Scana Corp)

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Representation by the Lender. Each Lender hereby represents that it is a commercial lender or financial institution which makes loans in the ordinary course of its business and that it will make its Loans hereunder for its LEGAL02/33565081v8 own account in the ordinary course of such business; provided that, subject to Section 7.05 of this Agreement, the disposition of the Notes or an interest in this Agreement held by such Lender shall at all times be within its exclusive control.

Appears in 1 contract

Samples: Credit Agreement (Scana Corp)

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