All Loan Fundings Sample Clauses

All Loan Fundings. On or before each Funding Date:
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All Loan Fundings. On the Funding Date of any Advance or issuance date of any Letter of Credit: (a) Lender shall have received a Notice of Borrowing as required by Section 2.2.2; (b) the representations and warranties set forth in Article 4 hereof shall be true and correct 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 relate to an earlier date or changes have been disclosed to Lender and not objected to by Lender; (c) no Event of Default or Unmatured Event of Default shall have occurred and be continuing; and (d) Borrower shall be in compliance with all of the terms and conditions hereof, of the Note, and of all other Loan Documents, in each case on and as of the date of the performance of such obligations by Lender. Each Advance and issuance of a Letter of Credit shall be deemed to constitute a representation and warranty by Borrower on the respective Funding Date or issuance date as to the matters specified in paragraphs (b), (c) and (d) of this Section. Continuations and conversions of outstanding portions of the Revolving Credit shall not be deemed to be new borrowings for purposes of this Section.
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All Loan Fundings. On the Funding Date of any Advance, Venture Loan or issuance date of any Letter of Credit: (a) Agent shall have received a Notice of Borrowing as required by Section 2.2.2; (b) the representations and warranties set forth in Articles 4 and 4A hereof shall be true and correct 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 relate to an earlier date or changes have been disclosed to all Lenders and not objected to by Requisite Lenders; (c) no Event of Default or Unmatured Event of Default shall have occurred and be continuing; (d) Borrower shall be in compliance with all of the terms and conditions hereof, of the Notes, and of all other Loan Documents, in each case on and as of the date of the performance of such obligations by Lenders; and (e) with respect to each Venture Loan, Borrower shall cause to be delivered to Agent the organizational documents and all amendments thereto of the Venture receiving the Venture Loan, a copy of the action or resolutions of such Venture authorizing the execution, delivery and performance of the Venture Notes to be executed by such Venture, and a signature and incumbency certificate with respect to the officers or partners of the entities signing on behalf of such Venture, each certified as true, complete and correct as of the Funding Date of such Venture Loan. Each Advance, Venture Loan and issuance of a Letter of Credit shall be deemed to constitute a representation and warranty by Borrower on the respective Funding Date or issuance date as to the matters specified in paragraphs (b), (c) and (d) of this Section. Continuations and conversions of outstanding portions of the Revolving Credit shall not be deemed to be new borrowings for purposes of this Section.
Sample 1
All Loan Fundings. On the Funding Date of any Advance of the Revolving Credit, Term Loan, Venture Loan or issuance date of any Letter of Credit: (a) Lender shall have received a Notice of Borrowing as required by Section 2.2.2; (b) the representations and warranties set forth in Articles 5 and 5A hereof shall be true and correct 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 relate to an earlier date or changes have been disclosed to Lender and not objected to by Lender; (c) no Event of Default or Unmatured Event of Default shall have occurred and be continuing; (d) Borrower shall be in compliance with all of
Sample 1
All Loan Fundings. On the Funding Date: (a) Lender shall have received a Notice of Borrowing as required by Section 2.4.1; (b) the representations and warranties set forth in Article 4 hereof shall be true and correct 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 relate to an earlier date or changes have theretofore been disclosed to Lender in writing and not objected to; (c) no Event of Default shall have occurred and be continuing; and (d) Borrowers shall be in compliance with all of the terms and conditions hereof, of the Note, and of all other Loan Documents, in each case on and as of the date of the performance of such obligations by Lender. Each Loan shall be deemed to constitute a representation and warranty by Borrowers on the respective Funding Date as to the matters specified in clauses (b), (c) and (d) of this Section 3.2.
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All Loan Fundings. On the Funding Date of any Advance of the Facility or Venture Loan and on the issuance date of any Letter of Credit:
Sample 1

Related to All Loan Fundings

  • Loan Funding The obligation of the Lender to close the transactions contemplated by this Agreement shall be subject to satisfaction of the following conditions, unless waived in writing by the Lender: (a) all legal matters and Loan Documents incident to the transactions contemplated hereby shall be reasonably satisfactory, in form and substance, to Lender's counsel; (b) the Lender shall have received (i) certificates by an authorized officer or representative of Borrower upon which the Lender may conclusively rely until superseded by similar certificates delivered to the Lender, certifying that (1) all requisite action taken in connection with the transactions contemplated hereby has been duly authorized and (2) the names, signatures, and authority of Borrower's authorized signers executing the Loan Documents, and (ii) such other documents as the Lender may reasonably require to be executed by, or delivered on behalf of, Borrower; (c) the Lender shall have received the Notes with all blanks appropriately completed, executed by an authorized signer for Borrower; (d) the Borrower shall have paid to the Lender the fee(s) then due and payable under this Agreement and the other Loan Documents; (e) Borrower and Guarantor shall each have maintained their respective financial condition in a manner satisfactory to the Lender, and no material adverse change shall have occurred in Borrower's or Guarantor's financial condition or prospects; (f) the Lender shall have received the written opinion(s) of legal counsel for the Borrower selected by the Borrower and satisfactory to the Lender, and covering the Loan Documents and such other matter(s) as the Lender may reasonably require; (g) the Lender shall have received written instructions by the Borrower with respect to disbursement of the proceeds of the Loan; and (h) the Lender shall have received all Security Instruments duly executed by all parties thereto.

  • All Loans The obligation of each Lender to fund any Loan which results in an increase in the aggregate outstanding principal amount of Loans under this Agreement on the occasion of any Borrowing shall be subject to the satisfaction of each of the conditions precedent set forth in this Section 4.2.

  • Conditions Precedent to All Loans and Letter of Credit Accommodations Each of the following is an additional condition precedent to Lender making Loans and/or providing Letter of Credit Accommodations to Borrower, including the initial Loans and Letter of Credit Accommodations and any future Loans and Letter of Credit Accommodations:

  • Conditions Precedent to Initial Loans and Letter of Credit Accommodations Each of the following is a condition precedent to Lender making the initial Loans and providing the initial Letter of Credit Accommodations hereunder:

  • Conditions to All Loans and Letters of Credit The obligations of the Lenders to make any Loan or issue any Letter of Credit is subject to the satisfaction of the following conditions precedent on the relevant borrowing or issue date, as applicable:

  • Conditions Precedent to All Loans and Letters of Credit In addition to satisfaction or waiver of the conditions precedent contained in Section 6.1., the obligations of (i) the Lenders to make any Loans and (ii) the Issuing Banks to issue, extend or increase any Letters of Credit are each subject to the further conditions precedent that: (a) no Default or Event of Default shall exist as of the date of the making of such Loan or date of issuance, extension or increase of such Letter of Credit or would exist immediately after giving effect thereto, and no violation of the limits described in Section 2.16. would occur after giving effect thereto; (b) the representations and warranties made or deemed made by the Borrower and each other Loan Party in the Loan Documents to which any of them is a party, shall be true and correct in all material respects (except in the case of a representation or warranty qualified by materiality, in which case such representation or warranty shall be true and correct in all respects) on and as of the date of the making of such Loan or date of issuance, extension or increase of such Letter of Credit with the same force and effect as if made on and as of such date except to the extent that such representations and warranties expressly relate solely to an earlier date (in which case such representations and warranties shall have been true and correct in all material respects (except in the case of a representation or warranty qualified by materiality, in which case such representation or warranty shall be true and correct in all respects) on and as of such earlier date) and (c) in the case of the borrowing of Revolving Loans, the Administrative Agent shall have received a timely Notice of Borrowing, in the case of a Swingline Loan, the Swingline Lender shall have received a timely Notice of Swingline Borrowing, and in the case of the issuance, extension or increase of a Letter of Credit the applicable Issuing Bank and the Administrative Agent shall have received a timely request for the issuance, extension or increase of such Letter of Credit. Each Credit Event shall constitute a certification by the Borrower to the effect set forth in the preceding sentence (both as of the date of the giving of notice relating to such Credit Event and, unless the Borrower otherwise notifies the Administrative Agent prior to the date of such Credit Event, as of the date of the occurrence of such Credit Event). In addition, the Borrower shall be deemed to have represented to the Administrative Agent and the Lenders at the time any Loan is made or any Letter of Credit is issued, extended or increased that all conditions to the making of such Loan or issuing, extending or increasing of such Letter of Credit contained in this Article VI. have been satisfied. Unless set forth in writing to the contrary, the making of its initial Loan by a Lender shall constitute a certification by such Lender to the Administrative Agent for the benefit of the Administrative Agent and the Lenders that the conditions precedent for initial Loans set forth in Sections 6.1. and 6.2. that have not previously been waived by the Lenders in accordance with the terms of this Agreement have been satisfied.

  • Funding Each Lender may, if it so elects, fulfill its obligation to make, continue or convert LIBO Rate Loans hereunder by causing one of its foreign branches or Affiliates (or an international banking facility created by such Lender) to make or maintain such LIBO Rate Loan; provided, however, that such LIBO Rate Loan shall nonetheless be deemed to have been made and to be held by such Lender, and the obligation of the Borrower to repay such LIBO Rate Loan shall nevertheless be to such Lender for the account of such foreign branch, Affiliate or international banking facility. In addition, the Borrower hereby consents and agrees that, for purposes of any determination to be made for purposes of Section 4.1, 4.2, 4.3 or 4.4, it shall be conclusively assumed that each Lender elected to fund all LIBO Rate Loans by purchasing Dollar deposits in its LIBOR Office's interbank eurodollar market.

  • Limitations on Loans, Advances, Investments and Acquisitions Purchase, own, invest in or otherwise acquire, directly or indirectly, any Capital Stock, interests in any partnership or joint venture (including, without limitation, the creation or capitalization of any Subsidiary), evidence of Indebtedness or other obligation or security, substantially all or a portion of the business or assets of any other Person or any other investment or interest whatsoever in any other Person, or make or permit to exist, directly or indirectly, any loans, advances or extensions of credit to, or any investment in cash or by delivery of property in, any Person except:

  • Additional Loan Documents Borrower shall have executed and delivered to Lender such other documents as shall have been requested by Lender to renew, and extend, the Loan Documents to secure payment of the Obligations of Borrower, all in form satisfactory to Lender and its counsel.

  • Conditions Precedent to Initial Loans and Letters of Credit The obligation of each Lender to make the Loans requested to be made by it on the Closing Date and the obligation of each Issuer to Issue Letters of Credit on the Closing Date is subject to the satisfaction or due waiver in accordance with Section 11.1 (

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