Common use of Representations True; No Event of Default Clause in Contracts

Representations True; No Event of Default. Each of the representations and warranties of any of the Borrower and its Subsidiaries contained in this Credit Agreement, the other Loan Documents or in any document or instrument delivered pursuant to or in connection with this Credit Agreement shall be true as of the date as of which they were made and shall also be true at and as of the time of the making of such Loan, with the same effect as if made at and as of that time (except to the extent of changes resulting from transactions contemplated or permitted by this Credit Agreement and the other Loan Documents and changes occurring in the ordinary course of business that singly or in the aggregate are not materially adverse, and to the extent that such representations and warranties relate expressly to an earlier date) and no Default or Event of Default shall have occurred and be continuing. The Agent shall have received a certificate of the Borrower signed by an authorized officer of the Borrower to such effect.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Connectivity Technologies Inc), Revolving Credit and Term Loan Agreement (Trailer Bridge Inc)

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Representations True; No Event of Default. Each of the representations and warranties of any and covenants of the Borrower Borrower, the Guarantor and its PWF and the PWF Subsidiaries contained in this Credit Agreement, Agreement or the other Loan Documents or in any document or instrument delivered pursuant to or in connection with this Credit Agreement shall be true as of the date as of which they were made and shall also be true at and as of the time of the making of such Loan, with the same effect as if made at and as of that time (except to the extent of changes resulting from transactions contemplated or and permitted by this Credit Agreement and the other Loan Documents and changes occurring in the ordinary course of business that singly or in the aggregate are not materially adverse, and except to the extent that such representations and warranties relate expressly to an earlier date) and no Default or Event of Default shall have occurred and be continuing. The Agent Each of the Lenders shall have received a certificate of the Borrower signed by an authorized officer of the Borrower to such effect.

Appears in 2 contracts

Samples: Acquisition Loan Agreement (Charter Municipal Mortgage Acceptance Co), Acquisition Loan Agreement (Chartermac)

Representations True; No Event of Default. Each of the representations and warranties of any of the Borrower Parent and its Subsidiaries contained in this Credit Agreement, the other Loan Documents or in any document or instrument delivered pursuant to or in connection with this Credit Agreement shall be true as of the date as of which they were made and shall also be true at and as of the time of the making of such Loan, with the same effect as if made at and as of that time (except to the extent of changes resulting from transactions contemplated or and permitted by this Credit Agreement and the other Loan Documents and changes occurring in the ordinary course of business that singly or in the aggregate are not materially adverse, and except to the extent that such representations and warranties relate expressly to an earlier date) and no Default or Event of Default shall have occurred and be continuing. The Agent Each of the Lenders shall have received a certificate of the Borrower signed by an authorized officer of the Borrower to such effect.

Appears in 1 contract

Samples: Revolving Credit Agreement (Sunglass Hut International Inc)

Representations True; No Event of Default. Each of the representations and warranties of any of the Borrower Borrowers and its their Subsidiaries contained in this Credit Agreement, the other Loan Documents or in any document or instrument delivered pursuant to or in connection with this Credit Agreement shall be true as of the date as of which they were made and shall also be true at and as of the time of the making of such Loan, with the same effect as if made at and as of that time (except to the extent of changes resulting from transactions contemplated or and permitted by this Credit Agreement and the other Loan Documents and changes occurring in the ordinary course of business that singly or in the aggregate are not materially adverse, and except to the extent that such representations and warranties relate expressly to an earlier date) and no Default or Event of Default shall have occurred and be continuing. The Agent Lender shall have received a certificate of the Borrower Borrowers signed by an authorized officer of the Borrower Borrowers to such effect.

Appears in 1 contract

Samples: Revolving Credit Agreement (Nutramax Products Inc /De/)

Representations True; No Event of Default. Each Subject to Sections 6.1 and 8.21, each of the representations and warranties of any of the Borrower and its Subsidiaries contained in this Credit Agreement, the other Loan Documents or in any document or instrument delivered pursuant to or in connection with this Credit Agreement shall be true as of the date as of which they were made and shall also be true at and as of the time of the making of such Loan, with the same effect as if made at and as of that time (except to the extent of changes resulting from transactions contemplated or permitted by this Credit Agreement and the other Loan Documents and changes occurring in the ordinary course of business that singly or in the aggregate are not materially adverse, and except to the extent that such representations and warranties relate expressly to an earlier date) and no Default or Event of Default shall have occurred and be continuing. The Agent Lender shall have received a certificate of the Borrower signed by an authorized officer of the Borrower to such effect.

Appears in 1 contract

Samples: Loan Agreement (Franklin Street Partners Lp)

Representations True; No Event of Default. Each of the ----------------------------------------- representations and warranties of any of the Borrower and its Subsidiaries contained in this Credit Agreement, the other Loan Documents or in any document or instrument delivered pursuant to or in connection with this Credit Agreement shall be true as of the date as of which they were made and shall also be true at and as of the time of the making of such Loan, with the same effect as if made at and as of that time (except to the extent of changes resulting from transactions contemplated or and permitted by this Credit Agreement and the other Loan Documents and changes occurring in the ordinary course of business that singly or in the aggregate are not materially adverse, and except to the extent that such representations and warranties relate expressly to an earlier date) and no Default or Event of Default shall have occurred and be continuing. The Agent Lender shall have received a certificate of the Borrower signed by an authorized officer of the Borrower to such effect.

Appears in 1 contract

Samples: Term Loan Agreement (Periscope Sportswear Inc)

Representations True; No Event of Default. Each of the representations and warranties of any of the Borrower and its Subsidiaries Borrowers contained in this Credit Agreement, the other Loan Documents Agreement or in any document or instrument delivered pursuant to or in connection with this Credit Agreement shall be true as of the date as of which they were made and shall also be true at and as of the time of the making of such Loanthe Revolving Credit Loan or at the time of the issuance of a Letter of Credit, with the same effect as if made at and as of that time (except to the extent of changes resulting from transactions contemplated or permitted by this Credit Agreement and the other Loan Documents and changes occurring in the ordinary course of business that singly or in the aggregate are not materially adverse, and to the extent that such representations and warranties relate expressly to an earlier date) and no Default or Event of Default shall have occurred and be continuing. The Agent shall have received a certificate of the Borrower Borrowers signed by an authorized officer of each of the Borrower Borrowers to such effect.

Appears in 1 contract

Samples: Revolving Credit Agreement (Au Bon Pain Co Inc)

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Representations True; No Event of Default. Each of the representations and warranties of any of the Borrower and its Subsidiaries contained in this Credit Loan Agreement, the other Loan Documents or in any document or instrument delivered pursuant to or in connection with this Credit Loan Agreement shall be true as of the date as of which they were made and shall also be true at and as of the time of the making of such Loan, Loan with the same effect as if made at and as of that time (except to the extent of changes resulting from transactions contemplated or permitted by this Credit Loan Agreement and the other Loan Documents and changes occurring in the ordinary course of business that singly or in the aggregate are not materially adverse, and to the extent that such representations and warranties relate expressly to an earlier date) and no Default or Event of Default shall have occurred and be continuing. The Administrative Agent shall have received a certificate of the Borrower signed by an authorized officer of the Borrower to such effect.

Appears in 1 contract

Samples: Loan Agreement (Omnipoint Corp \De\)

Representations True; No Event of Default. Each of the representations and warranties of any and covenants of the Borrower and its Subsidiaries the Guarantors contained in this Credit Agreement, Agreement or the other Loan Documents or in any document or instrument delivered pursuant to or in connection with this Credit Agreement shall be true as of the date as of which they were made and shall also be true at and as of the time of the making of such LoanWarehousing Advance, with the same effect as if made at and as of that time (except to the extent of changes resulting from transactions contemplated or and permitted by this Credit Agreement and the other Loan Documents and changes occurring in the ordinary course of business that singly or in the aggregate are not materially adverse, and except to the extent that such representations and warranties relate expressly to an earlier date) and no Default or Event of Default shall have occurred and be continuing. The Agent Each of the Lenders shall have received a certificate of the Borrower signed by an authorized officer of the Borrower to such effect.

Appears in 1 contract

Samples: Mortgage Warehousing Credit and Security Agreement (Chartermac)

Representations True; No Event of Default. Each of the representations and warranties of any of the Borrower and its Subsidiaries contained in this Credit Agreement, the other Loan Documents or in any document or instrument delivered pursuant to or in connection with this Credit Agreement shall be true as of the date as of which they were made and shall also be true at and as of the time of the making of such Loan, with the same effect as if made at and as of that time (except to the extent of changes resulting from transactions contemplated or permitted by this Credit Agreement and the other Loan Documents and changes occurring in the ordinary course of business that singly or in the aggregate are not materially adverse, and to the extent that such representations and warranties relate expressly to an earlier date) and no Default or Event of Default shall have occurred and be continuing. The Agent shall have received a certificate of the Borrower signed by an authorized officer of the Borrower to such effect.

Appears in 1 contract

Samples: Revolving Credit Agreement (Outsource International Inc)

Representations True; No Event of Default. Each of the representations and warranties of any of the Borrower and its Subsidiaries Subsidiaries, to the extent applicable, contained in this Credit Agreement, the other Loan Documents or in any document or instrument delivered pursuant to or in connection with this Credit Agreement shall be true as of the date as of which they were made and shall also be true at and as of the time of the making of such Loan, with the same effect as if made at and as of that time (except to the extent of changes resulting from transactions contemplated or and permitted by this Credit Agreement and the other Loan Documents and changes occurring in the ordinary course of business that singly or in the aggregate are not materially adverse, and except to the extent that such representations and warranties relate expressly to an earlier date) and no Default or Event of Default shall have occurred and be continuing. The Agent Lender shall have received a certificate of the Borrower signed by an authorized officer of the Borrower to such effect.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Microfluidics International Corp)

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