Common use of Request for Advances Clause in Contracts

Request for Advances. Each request for an Advance or a Letter of Credit by the Borrowing Agent hereunder shall constitute a representation and warranty by each Loan Party as of the date of such Advance or Letter of Credit that the conditions contained in this Section shall have been satisfied.

Appears in 2 contracts

Sources: Credit and Security Agreement (Stoneridge Inc), Credit and Security Agreement (Stoneridge Inc)

Request for Advances. Each request for an Advance or a Letter of Credit by the Borrowing Agent hereunder shall constitute a representation and warranty by each Loan Party as of the date of such Advance or Letter of Credit that the conditions contained in this Section 8.3 shall have been satisfied.

Appears in 1 contract

Sources: Credit and Security Agreement (Stoneridge Inc)