Common use of Deemed Representation Clause in Contracts

Deemed Representation. Each delivery of a Notice of Borrowing requesting a Revolving Credit Loan shall constitute a representation and warranty that the statements contained in Section 2.02 are true and correct both on the date of such delivery of the Notice of Borrowing and as of the date of the providing of such Revolving Credit Loan.

Deemed Representation. Each delivery of a Borrowing Notice of Borrowing by the Borrower requesting a Revolving Credit Loan shall constitute a representation and warranty that the statements contained in Section 2.02 7.01 hereof are true and correct both on the date of such delivery of the Borrowing Notice and, unless the Borrower otherwise notifies the Agent prior to the receipt of Borrowing and such Revolving Loan, as of the date of the providing of such Revolving Credit Loan.