All Events Sample Clauses
All Events. On the date of each borrowing of Revolving Credit Loans hereunder and on the date of each issuance of a Letter of Credit hereunder:
(a) The Administrative Agent shall have received a notice of such borrowing or the Issuing Bank shall have received a notice requesting the issuance of such Letter of Credit, as required by Section 2.04 or 2.18, as applicable.
(b) The representations and warranties set forth in the Loan Documents shall be true and correct with the same effect as though made on and as of such date (except insofar as such representations expressly relate to an earlier date), NWS and its Subsidiaries shall be in compliance in all material respects with all the terms and provisions contained herein and in the other Loan Documents required to be observed or performed, and at the time of and immediately after giving effect to such borrowing or issuance, no Event of Default or event which with notice or lapse of time or both would constitute an Event of Default shall have occurred and be continuing.
(c) The Lenders shall have received a Borrowing Base Certificate in accordance with Section 5.05(d). After giving effect to such new Revolving Credit Loan or the issuance of such Letter of Credit, the Revolving Credit Exposure shall not exceed the lesser of (i) the Total Revolving Credit Commitment and (ii) the then current Borrowing Base. Each borrowing hereunder and each issuance of a Letter of Credit hereunder shall be deemed to be a representation and warranty by the Borrowers on the date of such borrowing or issuance as to the matters specified in paragraph (b) and the last sentence of paragraph (c) of this Section 4.01.
All Events. The obligations of the Lenders to make Loans and of the Issuing Banks to issue Letters of Credit hereunder are subject to the satisfaction on the date of each Borrowing (including each Borrowing of a Swingline Loan) and on the date of each issuance of a Letter of Credit of the following conditions:
(a) In the case of a Borrowing (other than a Swingline Loan), the Administrative Agent shall have received a Borrowing Request as required by Section 2.03 or, in the case of the issuance of a Letter of Credit, the applicable Issuing Bank and the Administrative Agent shall have received a notice requesting the issuance of such Letter of Credit as required by Section 2.19(b) or, in the case of a Borrowing of a Swingline Loan, the Swingline Lender and the Administrative Agent shall have received a notice requesting such Swingline Loan as required by the Swingline Loan Agreement.
(b) The representations and warranties set forth in Article III hereof (except, in the case of a reborrowing of a Revolving Credit Borrowing that does not increase the aggregate principal amount of Revolving Credit Loans outstanding, the representations set forth in the last sentence of Section 3.08(b) and Section 3.15) and in each other Credit Document shall be true and correct in all material respects on and as of such date with the same effect as though made on and as of such date, except to the extent such representations and warranties expressly relate to an earlier date.
(c) Each of the Credit Parties shall be in compliance in all material respects with all the terms and provisions set forth herein and in each other Credit Document on its part to be observed or performed, and at the time of and immediately after such Borrowing or issuance of such Letter of Credit, as the case may be, no Event of Default or Default shall have occurred and be continuing.
(d) In the case of a Borrowing of a Swingline Loan, the Borrower in respect thereof shall have executed and delivered to the Swingline Lender a Swingline Note, if requested by the Swingline Lender, complying with the provisions of Section 2.20(c).
01. Without limiting the foregoing, each Borrowing and each issuance of a Letter of Credit shall further be deemed to constitute a representation and warranty by Holding and ASI and by the applicable Borrower that on the basis of (i) such inquiries as one or more Financial Officers of ASI shall have deemed necessary and (ii) advice of counsel (which may be general advice or advice as to a part...
All Events on the premises where beverage alcohol is available are required to be held under a properly issued Special Occasion Permit (SOP). SOPs are issued through the Liquor Control Board of Ontario ("LCBO") throughout the province on behalf of the Alcohol and Gaming Commission of Ontario (“AGCO”).
a) The two types of SOPs that are typically applicable to Events held at the Facility are “Private Event SOP” and “Public Event SOP”. Generally, a Private Event SOP would be applicable to all buck and does, weddings, birthdays, anniversaries, reunions, staff parties, funerals, bridal showers etc. A Public Event SOP can only be issued to a charity registered under the Income Tax Act (Canada), a non-profit organization or association organized to promote charitable, educational, religious or community objects, or an individual or business if organizing or conducting an Event of “municipal (requires resolution of Municipal Council), provincial, national or international significance”, as agreed to by the Registrar of Alcohol and Gaming (the Registrar).
b) For the benefit of the Lessee, and solely in addition to provisions of the issued SOP and existing AGCO rules and regulations, the Municipality has prepared the attached document (Schedule ‘B’ –
All Events. 68 4.02 Effectiveness................................ 69 V. AFFIRMATIVE COVENANTS
