Common use of Times for making representations and warranties Clause in Contracts

Times for making representations and warranties. (a) The representations and warranties set out in this Clause are made by each Original Obligor on the date of this Agreement. (b) Unless a representation and warranty is expressed to be given at a specific date, each representation and warranty (other than a representation and warranty under Clause 19.18 (United States laws)) is deemed to be repeated by: (i) each Additional Obligor and the Company on the date on which that Additional Obligor becomes an Obligor; and (ii) each Obligor on the date of each Request and the first day of each Term. (c) At any time prior to the occurrence of the Trigger Event and, following the occurrence of the Trigger Event, at any time there is a U.S. Obligor, each representation and warranty under Clause 19.18 (United States laws)) is deemed to be repeated by: (i) each Additional Obligor and the Company on the date on which that Additional Obligor becomes an Obligor; and (ii) each Obligor on the date of each Request and the first day of each Term. (d) When a representation and warranty in Subclause 19.6 (No default) is repeated on a Request for a Rollover Loan or the first day of a Term for a Loan (other than the first Term for that Loan), the reference to a Default will be construed as a reference to an Event of Default. (e) When a representation and warranty is repeated, it is applied to the circumstances existing at the time of repetition.

Appears in 3 contracts

Samples: Credit Facilities Agreement (Amec PLC), Credit Facilities Agreement (Amec PLC), Credit Facilities (Amec PLC)

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Times for making representations and warranties. (a) The representations and warranties set out in this Clause are made by each Original Obligor on the date of this Agreement. (b) Unless a representation and warranty is expressed to be given at a specific date, each representation and warranty (other than a representation and warranty under Clause 19.18 17.18 (United States laws)) is deemed to be repeated by: (i) each Additional Obligor and the Company on the date on which that Additional Obligor becomes an Obligor; and (ii) each Obligor on the date of each Request and the first day of each Term. (c) At any time prior to the occurrence of the Trigger Event and, following the occurrence of the Trigger Event, at any time there is a U.S. Obligor, each representation and warranty under Clause 19.18 17.18 (United States laws)) is deemed to be repeated by: (i) each Additional Obligor and the Company on the date on which that Additional Obligor becomes an Obligor; and (ii) each Obligor on the date of each Request and the first day of each Term. (d) When a representation and warranty in Subclause 19.6 17.6 (No default) is repeated on a Request for a Rollover Loan or the first day of a Term for a Loan (other than the first Term for that Loan), the reference to a Default will be construed as a reference to an Event of Default. (e) When a representation and warranty is repeated, it is applied to the circumstances existing at the time of repetition.

Appears in 2 contracts

Samples: Credit Facilities Agreement (Amec PLC), Credit Facilities Agreement (Amec PLC)

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