Initial and Subsequent Loans and Letters of Credit. The obligation of the Lenders to make Loans to the Borrower upon the occasion of each borrowing hereunder and to issue, renew, extend or reissue Letters of Credit for the account of the Borrower (including the Initial Funding) is subject to the further conditions precedent that, as of the date of such Loans and after giving effect thereto:
Initial and Subsequent Loans and Letters of Credit. The obligation of the Banks to make Loans to the Company upon the occasion of each borrowing hereunder and to issue, renew, extend or reissue Letters of Credit for the account of the Company (including the Initial Funding) is subject to the further conditions precedent that, as of the date of such Loans and after giving effect thereto: (i) no Default shall have occurred and be continuing; (ii) no Material Adverse Effect shall have occurred since the date of the Financial Statements; and (iii) the representations and warranties made by the Company in Section 7 shall be true on and as of the date of the making of such Loans or issuance, renewal, extension or reissuance of a Letter of Credit with the same force and effect as if made on and as of such date and following such new borrowing, unless such representation or warranty was expressly limited to an earlier date (which representation or warranty remains true as to such earlier date) or except as such representations and warranties are modified to give effect to transactions expressly permitted hereby or in the case of Section 7.15 changes of which the Agent has been notified. Each request for a borrowing or issuance, renewal, extension or reissuance of a Letter of Credit by the Company hereunder shall constitute a certification by the Company to the effect set forth in the preceding sentence (both as of the date of such notice and, unless the Company otherwise notifies the Agent prior to the date of and immediately following such borrowing or issuance, renewal, extension or reissuance of a Letter of Credit, as of the date thereof).
Initial and Subsequent Loans and Letters of Credit. The obligation of the Lenders to make Loans to the Borrower upon the occasion of each borrowing hereunder and to issue, renew, extend or reissue Letters of Credit for the account of the Borrower (including the Initial Funding) is subject to the further conditions precedent that, as of the date of such Loans and after giving effect thereto: (i) no Default shall have occurred and be continuing; (ii) no Material Adverse Effect shall have occurred; and (iii) the representations and warranties made by the Borrower in Article VII and in the Security Instruments shall be true on and as of the date of the making of such Loans or issuance, renewal, extension or reissuance of a Letter of Credit with the same force and effect as if made on and as of such date and following such new borrowing, except to the extent such representations and warranties are expressly limited to an earlier date or the Majority Lenders may expressly consent in writing to the contrary. Each request for a borrowing or issuance, renewal, extension or reissuance of a Letter of Credit by the Borrower hereunder shall constitute a certification by the Borrower to the effect set forth in the preceding sentence (both as of the date of such notice and, unless the Borrower otherwise notifies the Agent prior to the date of and immediately following such borrowing or issuance, renewal, extension or reissuance of a Letter of Credit as of the date thereof).
Initial and Subsequent Loans and Letters of Credit. (a) The obligation of the Lenders to make Loans to the Borrower upon the occasion of each borrowing hereunder and to issue, renew, extend or reissue Letters of Credit for the account of the Borrower (including the Initial Funding) is subject to the further conditions precedent that, as of the date of such Loans and after giving effect thereto:
Initial and Subsequent Loans and Letters of Credit. The obligation of the Lenders to make, convert or continue Loans (other than Base Rate Loans which are made pursuant to the terms hereof solely to convert existing Loans in the normal course on the last day of an Interest Period therefor) to the Company upon the occasion of each borrowing hereunder (including the initial borrowing) or of the Administrative Agent to issue, renew, extend or reissue Letters of Credit is subject to the further conditions precedent that, as of the date of such Loans, conversions or continuations or issuance, renewal, extension or reissuance of such Letter of Credit and after giving effect thereto: (i) no Event of Default shall have occurred and be continuing; (ii) no condition causing a Material Adverse Effect shall have occurred and be continuing; and (iii) the representations and warranties made by the Company in Article VII shall be true in material respects on and as of the date of the making, conversion or continuation of such Loans or the issuance, renewal, extension or reissuance of such Letters of Credit with the same force and effect as if made on and as of such date and following such new borrowing, conversion or continuation or issuance, renewal, extension or reissuance except as such representations and warranties specifically relate to an earlier date or are modified to give effect to transactions expressly permitted hereby. Each request for a borrowing, conversion or continuation and selection of an Interest Period (other than Base Rate Loans which are made pursuant to the terms hereof solely to convert existing Loans in the normal course on the last day of an Interest Period therefor) or request for the issuance, renewal, extension or reissuance of a Letter of Credit by the Company hereunder shall constitute a certification by the Company to the effect set forth in the preceding sentence (both as of the date of such notice and, unless the Company otherwise notifies the Administrative Agent prior to the date of and immediately following such borrowing, conversion or continuation, or issuance, renewal, extension or reissuance as of the date thereof).
Initial and Subsequent Loans and Letters of Credit. The obligation of each Lender to make any Loan to be made by it hereunder, or to issue any Letter of Credit hereunder, is subject to the conditions precedent that, as of the date of such Loan or such issuance, and before and after giving effect thereto:
Initial and Subsequent Loans and Letters of Credit. The obligation of the Banks to make Loans to the Company upon the occasion of each borrowing hereunder and to issue, renew, extend or reissue Letters of Credit for the account of the Company (including the Initial Funding) is subject to the further conditions precedent that, as of the date of such Loans and after giving effect thereto: (i) no Default shall have occurred and be continuing; (ii) no Material Adverse Effect shall have occurred since the date of the Financial Statements; and (iii) the representations and warranties made by the Company in Section 7 shall be true on and as of the date of the making of such Loans or issuance, renewal, extension or
Initial and Subsequent Loans and Letters of Credit. 39 Section 6.03 CONDITIONS PRECEDENT FOR THE BENEFIT OF LENDERS . . . . . . . . . . . . . 39
Initial and Subsequent Loans and Letters of Credit. The obligation of the Lenders to make Loans to Borrower upon the occasion of each borrowing hereunder (including the Initial Funding), or to convert any Loan into a LIBOR Loan under Section 2.02(e), and the obligation of Issuing Bank to issue, renew, extend or reissue Letters of Credit for the account of Borrower (including the Initial Funding), is subject to the conditions precedent that, as of the date of such Loans or Letter of Credit issuance and after giving effect thereto:
Initial and Subsequent Loans and Letters of Credit. ...39 Section 6.03 CONDITIONS RELATING TO LETTERS OF CREDIT................39
