Conditions Precedent to Subsequent Borrowings Sample Clauses

Conditions Precedent to Subsequent Borrowings. Borrowings after the initial Borrowing (other than conversions or continuations) shall be made from time to time as requested by the Borrower, and the obligation of each Lender to make any Borrowing is subject to the following terms and conditions:
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Conditions Precedent to Subsequent Borrowings. It shall be a condition of each Borrowing (other than a Rollover or Conversion) that the representations and warranties contained in Article 7 hereof shall be true in all material respects on and as of the date of each Borrowing (other than a Rollover or Conversion). It shall be a condition of each Borrowing (including a Rollover or Conversion) that no Default or Event of Default shall exist on the date of the Borrowing or be created by such Borrowing. The applicable Borrower will, at the request of the Administration Agent, deliver to the Administration Agent a certificate or certificates of a Responsible Officer of such Borrower to that effect.
Conditions Precedent to Subsequent Borrowings. It shall be a condition of each Borrowing (other than an Advance under Section 5.3(c) or Section 12.7, a Rollover or Conversion) that the representations and warranties contained in Article 7 hereof shall be true in all material respects on and as of the date of each such Borrowing, except where such representations and warranties were expressed to be made as of a specified date. It shall be a condition of each Borrowing (including a Rollover or Conversion but excluding an Advance under Section 5.3(c) or Section 12.7) that no Default or Event of Default shall exist on the date of the Borrowing or be created by such Borrowing. Each Borrower will, at the request of the Agent or the US Agent (as applicable), deliver to the Agent or the US Agent a certificate or certificates of an Authorized Officer of such Borrower to that effect.
Conditions Precedent to Subsequent Borrowings. It shall be a condition of each advance, renewal or conversion that the representations and warranties contained in Section 2 hereof shall be true on and as of the date of each advance, renewal or conversion and that Royal is satisfied that there has been no material adverse change in the financial condition or operation of the Borrower or the Guarantor. The Borrower will, upon request of Royal, deliver to Royal a certificate or certificates of an officer on behalf of the Borrower or the Guarantor to that effect.
Conditions Precedent to Subsequent Borrowings. Notwithstanding the execution of this Agreement by any of the parties hereto, the Lenders shall not be bound by the terms of this Agreement nor obliged to make available any portion of any Borrowing after the initial Borrowing, unless the Borrower (by way of the delivery of a Borrower's Certificate of Compliance), or the Borrower's counsel (if appropriate), confirms to the Administrative Agent that each of the following conditions is satisfied:
Conditions Precedent to Subsequent Borrowings. The Lenders’ and Issuing Banksobligations to continue to make available any Borrowings under the Facilities on any Drawdown Date or AcceptanceRollover Date (other than in respect of a Conversion pursuant to Section 2.3) or date of issuance, extension or increase of a Letter of Credit is subject to and conditional upon the satisfaction of each of the following conditions:
Conditions Precedent to Subsequent Borrowings. It shall be a condition of each Borrowing that the representations and warranties contained in Part II shall be true on and as of the date of each Borrowing and that Royal is satisfied that there has been no material adverse change in the financial condition or operation of the Borrower. The Borrower will, upon request of Royal, deliver to Royal a certificate or certificates of an officer on behalf of the Borrower to that effect.
Conditions Precedent to Subsequent Borrowings. It shall be a condition of each subsequent advance, renewal or conversion under the Credit Facility that:
Conditions Precedent to Subsequent Borrowings. In addition to the satisfaction of the conditions precedent set out in Section 5.02 in the case of a Borrowing under the Acquisition Facility and the satisfaction of the conditions precedent set out in Section 5.03 in the case of a Borrowing under the Term Facility, it shall be a condition of each Borrowing under this Agreement, with the exception only of Canadian Prime Rate Advances and U.S. Base Rate Advances under the Operating Facility, that the representations and warranties contained in Article 6 hereof shall be true on and as of the date of each Borrowing and that no Default or Event of Default shall exist on the date of the Borrowing or be created by such Borrowing. The Borrowers will, at the request of the Lenders, deliver to the Lenders a certificate or certificates of a Responsible Officer of each of the Borrowers to that effect.
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