Common use of Representations of the Administrative Agent and Transferor Clause in Contracts

Representations of the Administrative Agent and Transferor. 3.1. Transferor and the Administrative Agent represent and warrant that (a) Transferor’s Individual 5-Year Commitment is not less than Purchaser’s 5-Year Loan Commitment Amount, and (b) the total principal amount advanced and outstanding by Transferor under the 5-Year Facility as of the Effective Date is not less than Purchaser’s Outstanding 5-Year Loan Obligations Amount.

Appears in 3 contracts

Samples: Credit Agreement (CHS Inc), Credit Agreement (CHS Inc), Credit Agreement (CHS Inc)

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Representations of the Administrative Agent and Transferor. 3.1. Transferor and the Administrative Agent represent and warrant that (a) Transferor’s Individual 53-Year Commitment is not less than Purchaser’s 53-Year Loan Commitment Amount, and (b) the total principal amount advanced and outstanding by Transferor under the 53-Year Facility as of the Effective Date is not less than Purchaser’s Outstanding 53-Year Loan Obligations Amount.

Appears in 1 contract

Samples: Credit Agreement (CHS Inc)

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