Common use of Representations True and No Defaults Clause in Contracts

Representations True and No Defaults. (a) The representations and warranties contained in Section 6 shall be true and correct on and as of the particular Borrowing Date as though made on and as of such date; (b) The Borrower shall not be in default in the due performance of any covenant on its part contained in this Agreement; (c) no material adverse change shall have occurred with respect to the business, assets, properties or condition (financial or otherwise) of the Borrower reflected in the quarterly financial statements of the Borrower dated March 31, 2000 (copies of such audited financial statements having been supplied to the Agent and each Bank); and (d) no Event of Default or Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Revolving Credit Agreement (Southern Union Co)

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Representations True and No Defaults. (a) The representations and warranties contained in Section 6 shall be true and correct on and as of the particular Borrowing Date as though made on and as of such date; (b) The Borrower shall not be in default in the due performance of any covenant on its part contained in this AgreementAgree- ment; (c) no material adverse change shall have occurred with respect to the business, assets, properties or condition (financial or otherwise) of the Borrower reflected in the quarterly audited financial statements of the Borrower dated March 31June 30, 2000 1998, (copies of such audited financial statements having been supplied to the Agent and each Bank); and (d) no Event of Default or Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Revolving Credit Agreement (Southern Union Co)

Representations True and No Defaults. (a) The representations and warranties contained in Section 6 shall be true and correct on and as of the particular Borrowing Date as though made on and as of such date; (b) The Borrower shall not be in default in the due performance of any covenant on its part contained in this Agreement; (c) no No material adverse change shall have occurred with respect to the business, assets, properties or condition (financial or otherwise) of the Borrower reflected in the quarterly financial statements of the Borrower dated March December 31, 2000 2001 (copies of such audited unaudited financial statements having been supplied to the Agent and each Bank); and (d) no No Event of Default or Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Revolving Credit Agreement (Southern Union Co)

Representations True and No Defaults. (a) The representations and warranties contained in Section 6 7 shall be true and correct on and as of the particular Borrowing Date as though made on and as of such date; (b) The Borrower shall not be in default in the due performance of any covenant on its part contained in this Agreement; (c) no material adverse change shall have occurred with respect to the business, assets, properties or condition (financial or otherwise) of the Borrower reflected in the quarterly financial statements of the Borrower dated March December 31, 2000 2003 (copies of such audited financial statements having been supplied to the Agent and each Bank); and (d) no Event of Default or Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Revolving Credit Agreement (Southern Union Co)

Representations True and No Defaults. (a) The representations and warranties contained in Section 6 shall be true and correct on and as of the particular Borrowing Date as though made on and as of such date; (b) The Borrower shall not be in default in the due performance of any covenant on its part contained in this Agreement; (c) no No material adverse change shall have occurred with respect to the business, assets, properties or condition (financial or otherwise) of the Borrower reflected in the quarterly financial statements of the Borrower dated March 31, 2000 (copies of such audited financial statements having been supplied to the Agent and each Bank); and (d) no No Event of Default or Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Southern Union Co)

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Representations True and No Defaults. (a) The representations and warranties contained in Section 6 7 shall be true and correct on and as of the particular Borrowing Date as though made on and as of such date; (b) The Borrower shall not be in default in the due performance of any covenant on its part contained in this Agreement; (c) no material adverse change shall have occurred with respect to the business, assets, properties or condition (financial or otherwise) of the Borrower reflected in the quarterly financial statements of the Borrower dated March 31, 2000 (copies of such audited financial statements having been supplied to the Agent and each Bank); and (d) no Event of Default or Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Revolving Credit Agreement (Southern Union Co)

Representations True and No Defaults. (a) The representations and warranties contained in Section 6 7 shall be true and correct on and as of the particular Borrowing Date as though made on and as of such date; (b) The Borrower shall not be in default in the due performance of any covenant on its part contained in this AgreementAgree- ment; (c) no material adverse change shall have occurred with respect to the business, assets, properties or condition (financial or otherwise) of the Borrower reflected in the quarterly audited financial statements of the Borrower dated March 31June 30, 2000 1998, (copies of such audited financial statements having been supplied to the Agent and each Bank); and (d) no Event of Default or Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Revolving Credit Agreement (Southern Union Co)

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