Representations and Warranties; Effect on Credit Agreement. Section 3.1. Each Co-Borrower hereby represents and warrants as follows: a. This Amendment and the Credit Agreement, as amended hereby, constitute legal, valid and binding obligations of the Co-Borrowers and are enforceable against the Co-Borrowers in accordance with their respective terms. b. Upon the effectiveness of this Amendment, the Co-Borrowers hereby reaffirm all covenants, representations and warranties made in the Credit Agreement to the extent that the same are not amended hereby and each Co-Borrower agrees that all such covenants, representations and warranties shall be deemed to have been remade as of the date hereof. c. No Default or Event of Default has occurred and is continuing or would exist after giving effect to this Amendment. d. No Co-Borrower has any defense, counterclaim or offset with respect to the Credit Agreement.
Appears in 4 contracts
Samples: Credit Agreement (P&f Industries Inc), Credit Agreement (P&f Industries Inc), Credit Agreement (P&f Industries Inc)
Representations and Warranties; Effect on Credit Agreement. Section 3.14.1. Each Co-Borrower hereby represents and warrants as follows:
a. This Amendment and the Credit Agreement, as amended hereby, constitute legal, valid and binding obligations of the Co-Borrowers and are enforceable against the Co-Borrowers in accordance with their respective terms.
b. Upon the effectiveness of this Amendment, the Co-Borrowers hereby reaffirm all covenants, representations and warranties made in the Credit Agreement to the extent that the same are not amended hereby and each Co-Borrower agrees that all such covenants, representations and warranties shall be deemed to have been remade as of the date hereof.
c. No Default or Event of Default has occurred and is continuing or would exist after giving effect to this Amendment.
d. No Co-Borrower has any defense, counterclaim or offset with respect to the Credit Agreement.
Appears in 2 contracts
Samples: Credit Agreement (P&f Industries Inc), Credit Agreement (P&f Industries Inc)
Representations and Warranties; Effect on Credit Agreement. Section 3.1. Each Co-Borrower hereby represents and warrants as follows:
a. This Amendment and the Credit Agreement, as amended hereby, constitute legal, valid and binding obligations of the Co-Borrowers and are enforceable against the Co-Borrowers in accordance with their respective terms.
b. Upon the effectiveness of this Amendment, the Co-Borrowers hereby reaffirm all covenants, representations and warranties made in the Credit Agreement and the other Loan Documents to the extent that the same are not amended hereby and each Co-Borrower agrees that all such covenants, representations and warranties shall be deemed to have been remade as of the date hereof.
c. No Default or Event of Default has occurred and is continuing or would exist after giving effect to this Amendment.
d. No Co-Borrower has any defense, counterclaim or offset with respect to the Credit Agreement.
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Representations and Warranties; Effect on Credit Agreement. Section 3.1. Each Co-Borrower hereby represents and warrants as follows:
a. This Amendment and the Credit Agreement, as amended hereby, constitute legal, valid and binding obligations of the Co-Borrowers and are enforceable against the Co-Borrowers in accordance with their respective terms.
b. Upon the effectiveness of this Amendment, the Co-Borrowers hereby reaffirm all covenants, representations and warranties made in the Credit Agreement to the extent that the same are not amended hereby and each Co-Borrower agrees that all such covenants, representations and warranties shall be deemed to have been remade as of the date hereofhereof except to the extent such representations or warranties relate to an earlier date in which case they shall be true and correct in all material respects as of such earlier date.
c. No Default or Event of Default has occurred and is continuing or would exist after giving effect to this Amendment.
d. No Co-Borrower has any defense, counterclaim or offset with respect to the Credit Agreement.
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Representations and Warranties; Effect on Credit Agreement. Section 3.1. Each Co-Borrower hereby represents and warrants as follows:
a. This Amendment and Waiver and the Credit Agreement, as amended hereby, constitute legal, valid and binding obligations of the Co-Borrowers and are enforceable against the Co-Borrowers in accordance with their respective terms.
b. Upon the effectiveness of this AmendmentAmendment and Waiver, the Co-Borrowers hereby reaffirm all covenants, representations and warranties made in the Credit Agreement to the extent that the same are not amended hereby and each Co-Borrower agrees that all such covenants, representations and warranties shall be deemed to have been remade as of the date hereof.
c. No Default or Event of Default has occurred and is continuing or would exist after giving effect to this AmendmentAmendment and Waiver.
d. No Co-Borrower has any defense, counterclaim or offset with respect to the Credit Agreement.
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