Common use of Representations and Warranties of the Loan Parties Clause in Contracts

Representations and Warranties of the Loan Parties. The Loan Parties represent and warrant to the Administrative Agent and the Lenders that (a) the representations and warranties of the Loan Parties set forth in Article VI of the Credit Agreement are true and correct in all material respects as of the date hereof, (b) after giving effect to this Amendment, no event has occurred and is continuing which constitutes a Default or an Event of Default and (c) the Collateral Documents continue to create a valid perfected security interest in the Collateral prior to all Liens other than Permitted Liens.

Appears in 4 contracts

Samples: Credit Agreement (Fortress Investment Group LLC), Credit Agreement and Waiver (Fortress Investment Group LLC), Credit Agreement (Fortress Investment Group Holdings LLC)

AutoNDA by SimpleDocs

Representations and Warranties of the Loan Parties. The Loan Parties represent and warrant to the Administrative Agent and the Lenders that after giving effect to this Amendment (a) the representations and warranties of the Loan Parties set forth in Article VI V of the Credit Agreement are true and correct in all material respects as of the date hereof, and (b) after giving effect to this Amendment, no event has occurred and is continuing which constitutes a Default or an Event of Default and (c) the Collateral Documents continue to create a valid perfected security interest in the Collateral prior to all Liens other than Permitted LiensDefault.

Appears in 3 contracts

Samples: Credit Agreement (Greenbrier Companies Inc), Credit Agreement (Greenbrier Companies Inc), Credit Agreement (Greenbrier Companies Inc)

Representations and Warranties of the Loan Parties. The Loan Parties represent and warrant to the Administrative Agent and the Lenders that after giving effect to this Amendment (a) the representations and warranties of the Loan Parties set forth contained in Article VI III of the Credit Agreement or in any of the other Loan Documents are true and correct in all material respects (or, in the case of representations and warranties qualified as to materiality, in all respects) and (b) no Event of Default has occurred or is continuing as of the date hereof, (b) after giving effect to this Amendment, no event has occurred and is continuing which constitutes a Default or an Event of Default and (c) the Collateral Documents continue to create a valid perfected security interest in the Collateral prior to all Liens other than Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Vishay Intertechnology Inc)

Representations and Warranties of the Loan Parties. The Loan Parties represent and warrant to the Administrative Agent and the Lenders that (a) the representations and warranties of the Loan Parties set forth in Article VI of the Credit Agreement are true and correct in all material respects as of the date hereof, hereof and (b) after giving effect to this AmendmentAmendment and the other transactions contemplated herein, no event has occurred and is continuing which constitutes a Default or an Event of Default and (c) the Collateral Documents continue to create a valid perfected security interest in the Collateral prior to all Liens other than Permitted LiensDefault.

Appears in 1 contract

Samples: Credit Agreement (Florida East Coast Industries, Inc.)

Representations and Warranties of the Loan Parties. The Loan Parties represent and warrant to the Administrative Agent and the Lenders that (a) the representations and warranties of the Loan Parties set forth in Article VI of the Credit Agreement are true and correct in all material respects as of the date hereof, and (b) after giving effect to this Amendment, no event has occurred and is continuing which constitutes a Default or an Event of Default and (c) the Collateral Documents continue to create a valid perfected security interest in the Collateral prior to all Liens other than Permitted LiensDefault.

Appears in 1 contract

Samples: Credit Agreement (TRM Corp)

AutoNDA by SimpleDocs

Representations and Warranties of the Loan Parties. The Loan Credit Parties represent and warrant to the Administrative Agent and the Lenders that (a) the representations and warranties of the Loan Credit Parties set forth in Article VI Section 6 of the Credit Agreement are true and correct in all material respects as of the date hereof, (b) after giving effect to this Amendment, no event has occurred and is continuing which constitutes a Default or an Event of Default and (c) the Collateral Documents continue to create a valid perfected security interest in the Cash Collateral prior to all Liens other than Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (DCP Midstream Partners, LP)

Representations and Warranties of the Loan Parties. The Loan Parties represent and warrant to the Administrative Agent and the Lenders that (a) the representations and warranties of the Loan Parties set forth in Article VI of the Credit Agreement are true and correct in all material respects as of the date hereof, hereof (except to the extent a representation and warranty specifically refers to an earlier date and then as of such earlier date) and (b) after giving effect to this Amendment, no event has occurred and is continuing which constitutes a Default or an Event of Default and (c) the Collateral Documents continue to create a valid perfected security interest in the Collateral prior to all Liens other than Permitted LiensDefault.

Appears in 1 contract

Samples: Consent and Waiver (Fortress Investment Group LLC)

Representations and Warranties of the Loan Parties. The Loan Parties represent and warrant to the Administrative Agent and the Lenders that after giving effect to this Agreement (a) the representations and warranties of the Loan Parties set forth in Article VI of the Credit Agreement are true and correct in all material respects as of the date hereof, and (b) after giving effect to this Amendment, no event has occurred and is continuing which constitutes a Default or an Event of Default and (c) the Collateral Documents continue to create a valid perfected security interest in the Collateral prior to all Liens other than Permitted LiensDefault.

Appears in 1 contract

Samples: Credit Agreement (Nautilus, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!