Common use of Additional Conditions to Letters of Credit Clause in Contracts

Additional Conditions to Letters of Credit. If the issuance of a Letter of Credit is requested, all conditions set fort in Section 2.7 shall have been satisfied. Other than the initial Extensions of Credit hereunder on the Closing Date, each request for an Extension of Credit (including extensions and conversions) and each acceptance by a Borrower of an Extension of Credit (including extensions and conversions) shall be deemed to constitute a representation and warranty by the Credit Parties as of the date of such Loan that the conditions in subsections (a) through (h) of this Section have been satisfied.

Appears in 2 contracts

Samples: Security Agreement (Rock-Tenn CO), Credit Agreement (Rock-Tenn CO)

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Additional Conditions to Letters of Credit. If the issuance of a Letter of Credit is requested, all conditions set fort in Section 2.7 2.4 shall have been satisfied. Other than the initial Extensions of Credit hereunder on the Closing Date, each Each request for an Extension of Credit (including extensions and conversions) and each acceptance by a the Borrower of an any such Extension of Credit (including extensions and conversions) shall be deemed to constitute a representation and warranty by the Credit Parties Borrower as of the date of such Loan Extension of Credit that the applicable conditions in subsections paragraphs (a) through (h) of this Section have been satisfied.

Appears in 1 contract

Samples: Credit Agreement (Integrated Defense Technologies Inc)

Additional Conditions to Letters of Credit. If the issuance of a Letter of Credit is requested, all conditions set fort in Section 2.7 2.2 shall have been satisfied. Other than the initial Extensions of Credit hereunder on the Closing Date, each Each request for an Extension of Credit (including extensions and conversions) and each acceptance by a Borrower of an any such Extension of Credit (including extensions and conversions) shall be deemed to constitute a representation representations and warranty warranties by the Credit Parties as of the date of such Loan Extension of Credit that the applicable conditions in subsections paragraphs (a) through (hf) of this Section have been satisfied.

Appears in 1 contract

Samples: Credit Agreement (Newark Group Inc)

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Additional Conditions to Letters of Credit. If the issuance of a Letter of Credit is requested, all conditions set fort in Section 2.7 2.5 shall have been satisfied. Other than the initial Extensions of Credit hereunder on the Closing Date, each Each request for an Extension of Credit (including extensions and conversions) and each acceptance by a Borrower of an Extension of Credit (including extensions and conversions) shall be deemed to constitute a representation and warranty by the Credit Parties as of the date of such Loan that the conditions in subsections (a) through (hi) of this Section have been satisfied.

Appears in 1 contract

Samples: Credit Agreement (Rock-Tenn CO)

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