>Conditions to All Loans definition

>Conditions to All Loans. <A HREF="#_Toc508084495">*</A></td> <td width="181" height="19" align="center">27</td> </tr> <tr>
>Conditions to All Loans. Each Loan under the Credit Facility will be subject to the (i) absence of any Default or Event of Default, (ii) continued accuracy in all material respects of representations and warranties (except representations and warranties which are made only as of a prior date) and (iii) absence of any Material Adverse Effect. Representations and Usual for facilities and transactions of this type Warranties: and such additional representations and warranties as are appropriate under the circumstances, including, but not limited to, corporate existence; corporate power and authority; enforceability of credit documents; accuracy of financial statements and information; no material adverse change; absence of litigation and contingent liabilities; no violation of organizational documents, agreements or instruments; compliance with laws (including the Public Utility Holding Company Act of 1935); payment of taxes; ownership of properties; solvency; no governmental or third party approvals and consents required (except as have been obtained and are in full force and effect); labor matters; environmental matters; no Default or Event of Default; not an investment company or, prior to the Acquisition, a public utility holding company; Year 2000 compliance.
>Conditions to All Loans. In addition to the conditions set forth under "Availability" above, the making of each Loan will be conditioned only upon (a) all representations and warranties in the Loan Agreement being true and correct in all material respects and (b) there being no Event of Default (as defined below) in existence at the time of, or after giving effect to, the making of such Loan. Representations and Warranties: The representations and warranties will be limited to the following: o Due incorporation and good standing; o Due authorization, execution and delivery of the Loan Agreement; o Enforceability of the Loan Agreement; o No consent, approval or filing necessary for the Loan Agreement which has not been obtained; and o No conflict of the Loan Agreement with laws or other existing agreements to which the Company is subject or bound, to the extent any such conflict would cause the Company to be in breach of, or to violate, such laws or other agreements.

Examples of >Conditions to All Loans in a sentence

  • For purposes of Section 3.2 (Conditions to All Loans) only, any extension of the expiry date of a Letter of Credit to a date beyond the first anniversary of the issuance thereof shall constitute an "issuance" of such Letter of Credit for all purposes hereof.

  • CONDITIONS PRECEDENT 46 5.1 Conditions of Initial Loans 46 5.2 Conditions to All Loans 47 SECTION 6.

  • Conditions to All Loans and Letters of Credit ........................

  • Conditions to All Loans and Letters of Credit..........................42 ARTICLE V.

  • Conditions to All Loans and Letters of Credit.......................................

  • CONDITIONS PRECEDENT 36 4.1 Conditions to Effective Date 36 4.2 Conditions to All Loans 36 SECTION 5.

  • Conditions to All Loans, Letters of Credit and Swing Line Loans .

  • Conditions to All Loans..........................................

  • Conditions to All Loans Against Consumer Loan Collateral....................................................

  • Conditions to All Loans and Letters of Credit......................

Related to >Conditions to All Loans

  • Conditions of Contract means those statements contained in or delivered with your Ticket/s or Itinerary/Receipt, identified as such and which incorporate by reference, these Conditions of Carriage and notices.

  • Special Conditions of Contract means the pages completed by the Procuring Entity entitled Special Conditions of Contract which constitute Part A of the Special Conditions.

  • General Conditions of Contract means the ‘Instructions to Tenderers’ and ‘General Conditions of Contract’ pertaining to the work for which above tenders have been called for.

  • Conditions of Use means these terms and conditions as may be varied by us from time to time.

  • Conditions of Sale means the Conditions of Sale set out in Part 3 of this TenderDocument;

  • Funding Conditions With respect to any proposed Funding Date, the following conditions:

  • Conditions of Service means the document developed by a distributor in accordance with subsection 2.4 of the Code that describes the operating practices and connection rules for the distributor; (DSC)

  • Refinancing Conditions the following conditions for Refinancing Debt: (a) it is in an aggregate principal amount that does not exceed the principal amount of the Debt being extended, renewed or refinanced; (b) it has a final maturity no sooner than, a weighted average life no less than, and an interest rate no greater than, the Debt being extended, renewed or refinanced; (c) it is subordinated to the Obligations at least to the same extent as the Debt being extended, renewed or refinanced; (d) the representations, covenants and defaults applicable to it are no less favorable to Borrowers than those applicable to the Debt being extended, renewed or refinanced; (e) no additional Lien is granted to secure it; (f) no additional Person is obligated on such Debt; and (g) upon giving effect to it, no Default or Event of Default exists.

  • GENERAL AND SPECIAL CONDITIONS OF CONTRACT means the instructions to Tenderer and General and special conditions of contract pertaining to the work for which above tenders have been called for.

  • Conditions of Approval means condition(s) imposed by the Municipality in the approval of a land development application, including any conditions contained in the annexure(s) and/or plans and/or attachment(s) that form part of the approval and/or are referred to in the approval of the land development application;

  • Payment Conditions means, at the time of determination with respect to a proposed payment to fund a Specified Transaction, that:

  • Conditions Precedent shall have the meaning set forth in Clause 4.2.

  • Conditions of Tender means the Conditions of Tender for the said land as set out in Annexure A;

  • Minimum Participation Requirements means a set of minimum training, risk management, communication and capital or collateral requirements required for Participants in the PJM Markets, as set forth herein and in the Form of Annual Certification set forth as Tariff, Attachment Q, Appendix 1. Participants transacting in FTRs in certain circumstances will be required to demonstrate additional risk management procedures and controls as further set forth in the Annual Certification found in Tariff, Attachment Q, Appendix 1.

  • Closing Conditions shall include, but are not limited to, SI Securities determining in its sole discretion that at the time of a closing, the Minimum Offering has been met, the investment remains suitable for investors, investors have successfully passed ID, KYC, AML, OFAC, and suitability screening, and that Issuer has completed all actions required by it as communicated by SI Securities at the time of a closing.

  • Mortgage Conditions means the mortgage conditions booklet reference MORT 0154 MAY 13 HF;

  • Specific Conditions means the conditions in addition or in variation to the general conditions which the Commission may lay down specifically for a distribution licensee;

  • Credit Requirements means a long-term credit rating (corporate or long-term senior unsecured debt) of (1) “Baa3” or greater by Xxxxx’x, or (2) “BBB-” or greater by S&P, or such other indicia of creditworthiness acceptable to PacifiCorp in its reasonable judgment.

  • Conditions of Carriage means these conditions of carriage.

  • Risk Retention Requirements means the credit risk retention requirements of Section 15G of the Exchange Act (15 U.S.C. §78o-11), as added by Section 941 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

  • Additional Conditions means the terms and conditions set out in the Offer Document.

  • Terms & Conditions means the Special Conditions of Contract and General Conditions of Contract herein mentioned and other stipulations incorporated in any part of Tender Document and /or Agreement.

  • Special Conditions means Special Conditions of Contract, which override the General Conditions, also referred to as SCC.

  • General Conditions means the “International Development Association General Conditions for Credits and Grants”, dated July 1, 2005 (as amended through October 15, 2006).

  • Permitted Other Debt Conditions means that such applicable debt (i) does not mature or have scheduled amortization payments of principal or payments of principal and is not subject to mandatory redemption, repurchase, prepayment or sinking fund obligations (except customary asset sale or change of control provisions that provide for the prior repayment in full of the Loans and all other Obligations), in each case on or prior to the Latest Maturity Date at the time such Indebtedness is incurred, (ii) is not at any time guaranteed by any Subsidiaries other than Subsidiaries that are Guarantors, and (iii) to the extent secured, the security agreements relating to such Indebtedness are substantially the same as or more favorable to the Loan Parties than the Collateral Documents (with such differences as are reasonably satisfactory to the Administrative Agent).

  • Restricted Payment Conditions is defined in Section 10.9.