Common use of Satisfaction of Other Conditions Clause in Contracts

Satisfaction of Other Conditions. On the date of Issuance of such Letter of Credit, all conditions precedent described in Section 5.05 shall be satisfied to the same extent as if the Issuance of such Letter of Credit were the making of a Loan and the date of Issuance of such Letter of Credit were a Borrowing Date. Each Letter of Credit Request submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such Letter of Credit Request and as of the date on which the Letter of Credit is Issued, that the conditions in this Section 5.06 are satisfied.

Satisfaction of Other Conditions. On the date of Issuance of -------------------------------- such Letter of Credit, all conditions precedent described in Section 5.05 5.02 shall be satisfied to the same extent as if the Issuance of such Letter of Credit were the making of a Loan and the date of Issuance of such Letter of Credit were a Borrowing Date. Each Letter of Credit Request submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such Letter of Credit Request and as of the date on which the Letter of Credit is Issued, that the conditions in this Section 5.06 5.03 are satisfied.