Any Loan Clause Samples

Any Loan. In addition to any applicable conditions precedent set forth elsewhere in this Article 8, the obligation of Banks to make any Loan, to redesignate any Loan, and issue any Standby Letter of Credit are subject to the following conditions precedent: (a) except (i) for representations and warranties which speak as of a particular date or are no longer true and correct as a result of a change which is permitted by this Agreement or (ii) as disclosed by Borrowers and approved in writing by the Requisite Banks, the representations and warranties contained in Article 4 shall be true and correct on and as of the date of the Loan or redesignation or issuance or creation, as the case may be, as though made on and as of that date; (b) except for (i) the matters set forth in Schedule 4.10, (ii) any matter fully covered as to subject matter and amount (subject to applicable deductibles and retentions) by insurance for which the insurance carrier has not asserted lack of subject matter coverage or reserved its right to do so, or (iii) any matter, or series of related matters, involving a claim against Borrowers of less than $100,000, there shall be no actions, suits or proceedings pending against or affecting Borrowers or any of their Subsidiaries or any Property of any of them in any court of Law or before any Governmental Agency which might reasonably be expected to have a material adverse effect on the business, operations or condition (financial or otherwise) of Borrowers and their Subsidiaries, taken as a whole; (c) no material adverse change shall have occurred in the business, operations or condition (financial or otherwise) of Borrowers and their Subsidiaries, taken as a whole, since the Closing Date; (d) no Default shall have occurred and be continuing; (e) Agent shall have timely received a properly completed Request for Loan, Request for Redesignation of Loans or Request for Standby Letter of Credit, as the case may be, in compliance with all applicable provisions of Article 2; and Agent shall have received, dated as of the date of the Loan or redesignation or issuance or creation, as the case may be, a Certificate of a Responsible Official of a Borrower to the effect that all of the above conditions have been satisfied, with any changes or exceptions thereto being described in a schedule attached to such certificate and with such changes or exceptions being subject to the approval of the Requisite Banks; and (f) Agent shall have received, in form and substanc...