Common use of Each Supplement Clause in Contracts

Each Supplement. The execution by the Company of each Supplement hereto (other than the Initial Supplement) shall constitute a representation and warranty that, except as otherwise provided in an officer’s certificate executed by the Company and delivered to CoBank in connection with such Supplement: (A) Reaffirmation. Each of the representations and warranties set forth in Section 4.01 hereof are true and correct as of the date of such Supplement, except that: (1) the references to the financial statements in Section 4.01(F) hereof, and all references in Section 4.01(G) hereof to such statements, shall be deemed to be to the latest annual financial statements and, if more recent than the latest annual financial statements, to the latest quarterly financial statements furnished to CoBank under Section 5.06(A) and (B) hereof; (2) the references in Sections 4.01(D), (H) and (I) to the application or officer’s certificate furnished in connection with this Agreement and the Initial Supplement hereto shall be deemed to refer to any application and/or officer’s certificate furnished in connection with the Supplement being executed at the time.

Appears in 1 contract

Sources: Master Loan Agreement (Chugach Electric Association Inc)

Each Supplement. The execution by the Company of each Promissory Note and Supplement hereto (other than the Initial Promissory Note and Supplement) shall constitute a representation and warranty that, except as otherwise provided in an officer’s 's certificate executed by the Company and delivered to CoBank in connection with such Promissory Note and Supplement: (A) Reaffirmation. Each of the representations and warranties set forth in Section 4.01 hereof are true and correct as of the date of such the Promissory Note and Supplement, except that: (1) the references to the financial fmancial statements in Section 4.01(F) hereof, and all references in Section 4.01(G4.0 1(G) hereof to such statements, shall be deemed to be to the latest annual financial statements and, if more recent than the latest annual financial statements, to the latest quarterly financial statements furnished to CoBank under Section 5.06(A) and (B) hereof; , (2) the references in Sections 4.01(D), (H) and (I1) to the application or officer’s 's certificate furnished in connection with this Agreement and the Initial Promissory Note and Supplement hereto shall be deemed to refer to any application and/or officer’s 's certificate furnished in connection with the Promissory Note and Supplement being executed at the time.

Appears in 1 contract

Sources: Master Loan Agreement (Chugach Electric Association Inc)