Conditions Precedent to Effectiveness of Agreement to Make. Initial Revolving Loans 68 6.2 Conditions Precedent to All Revolving Loans 68 ARTICLE 7 REPRESENTATIONS AND WARRANTIES 69 7.1 Organization; Powers 69 7.2 Authorization; Enforceability 69 7.3 No Conflicts 70 7.4 Governmental Approvals 70 7.5 Financial Statements; No Material Adverse Effect; Solvent 70 7.6 Assets; No Liens 71 7.7 Litigation 71 7.8 Compliance with Laws 71 7.9 Environmental Condition 71 7.10 No Defaults 72 7.11 Material Contracts 72 7.12 Restrictive Agreements 72 7.13 Taxes 72 7.14 ERISA 72 7.15 Insurance 73 7.16 Capitalization and Subsidiaries 73 7.17 Security Interest in Collateral 73 7.18 Brokers 73 7.19 Intellectual Property 73 7.20 [Reserved 74 7.21 Labor Relations 74 7.22 Payable Practices 74 7.23 Margin Stock 74 7.24 Investment Company Act; Regulated Investment Company 74 7.25 Anti-Terrorism Laws; Anti-Money Laundering Laws 75 7.26 Equity Investments and Debt Investments 75 7.27 Credit and Compliance Policies 77 7.28 Pledge Agreement 77 7.29 Complete Disclosure 77 ARTICLE 8 AFFIRMATIVE COVENANTS 78 8.1 Financial Statements, Borrowing Base Certificate and Other Information 78 8.2 Notices of Material Events 78 8.3 Existence; Business Development Company; Regulated Investment Company 79 8.4 Payment of Obligations 79 8.5 Maintenance of Properties 79 8.6 Compliance with Laws 79 8.7 Insurance 79 8.8 Inspection Rights; Field Examinations; Valuations 80 8.9 Use of Proceeds 80 8.10 Cash Management; Collection of Proceeds of Collateral 80 8.11 Additional Collateral; Further Assurances 82
