Common use of Truth and Correctness of Representations and Warranties Clause in Contracts

Truth and Correctness of Representations and Warranties. The representations and warranties of each Borrower and each other Loan Party contained in Article V or any other Loan Document will be true and correct in all material respects (except that such materiality qualifier will not be applicable to any portion of any representation and warranty that is already qualified or modified by materiality in the text thereof) on and as of the date of such Credit Extension, except to the extent that such representations and warranties specifically refer to an earlier date, in which case they will be true and correct in all material respects (except that such materiality qualifier will not be applicable to any portion of any representation and warranty that is already qualified or modified by materiality in the text thereof) as of such earlier date, and except that for purposes of this Section 4.02, the representations and warranties contained in Section 5.10 will be deemed to refer to the most recent statements furnished pursuant to Sections 6.01(a) and (b).

Appears in 5 contracts

Samples: Credit Agreement (Ch2m Hill Companies LTD), Credit Agreement (Ch2m Hill Companies LTD), Credit Agreement (Ch2m Hill Companies LTD)

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Truth and Correctness of Representations and Warranties. The representations and warranties of each Borrower and each other Loan Credit Party contained in Article V or any other Loan Document will Document, or that are contained in any document furnished at any time under or in connection herewith or therewith, shall be true and correct in all material respects (except that such materiality qualifier will not be applicable to any portion of any representation and warranty that is already qualified or modified by materiality in the text thereof) on and as of the date of such Credit ExtensionBorrowing, except to the extent that such representations and warranties specifically refer to an earlier date, in which case they will such representations and warranties shall be true and correct in all material respects (except that such materiality qualifier will not be applicable to any portion of any representation and warranty that is already qualified or modified by materiality in the text thereof) as of such earlier date, and that any such representation or warranty which is subject to any materiality qualifier shall be required to be true and correct in all respects, and except that for purposes of this Section 4.02, the representations and warranties contained in subsections (a) and (b) of Section 5.10 will 5.11 shall be deemed to refer to each of the Financial Statements and the most recent statements furnished pursuant to Sections 6.01(asubsections (a) and (b), respectively, of Section 6.01.

Appears in 1 contract

Samples: Credit Agreement (FlexShopper, Inc.)

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