Common use of Conditions Precedent to Each Borrowing Clause in Contracts

Conditions Precedent to Each Borrowing. The obligation of -------------------------------------- the Bank to make a Loan on the occasion of each Borrowing (including the initial Borrowing) shall be subject to the further conditions precedent that on the date of such Borrowing (a) the following statements shall be true and the Bank shall have received the notice required by Section 2.01(b), which notice shall be deemed to be a certification by the Borrower that:

Appears in 5 contracts

Samples: Credit Agreement (Southwest Water Co), Credit Agreement (Southwest Water Co), Credit Agreement (Southwest Water Co)

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Conditions Precedent to Each Borrowing. The obligation of -------------------------------------- the Bank Lender to make a Loan on the occasion of each Borrowing (including the initial Borrowing) shall be subject to the further conditions condition precedent that on the date of such Borrowing (a) Borrowing, the following statements shall be true and the Bank Lender shall have received the notice required by Section 2.01(b), which notice shall be deemed to be a certification by the Borrower that:

Appears in 5 contracts

Samples: Credit Agreement (Box Inc), Credit Agreement (Box Inc), Credit Agreement (Box Inc)

Conditions Precedent to Each Borrowing. The obligation -------------------------------------- of -------------------------------------- the Bank to make a Loan on the occasion of each Borrowing (including the initial Borrowing) shall be subject to the further conditions precedent that on the date of such Borrowing (a) the following statements shall be true and the Bank shall have received the notice required by Section 2.01(b), which notice shall be deemed to be a certification by the Borrower that:

Appears in 2 contracts

Samples: Credit Agreement (Southwest Water Co), Credit Agreement (Southwest Water Co)

Conditions Precedent to Each Borrowing. The obligation of -------------------------------------- the each Bank to make a Loan on the occasion of each any Borrowing (including the initial Borrowing) shall be subject to the further conditions precedent that on the date of such Borrowing (a) the Administrative Agent shall have received a Notice of Borrowing in accordance with Section 2.02 and (b) the following statements shall be true (and each of the giving of the applicable Notice of Borrowing and the Bank shall have received the notice required by Section 2.01(b), which notice shall be deemed to be a certification acceptance by the Borrower that:of the proceeds of such Borrowing shall constitute a representation and warranty by the Borrower that on the date of such Borrowing such statements are true):

Appears in 2 contracts

Samples: Bridge Loan Agreement (Brinker International Inc), Bridge Loan Agreement (Brinker International Inc)

Conditions Precedent to Each Borrowing. The obligation of -------------------------------------- the Bank to make a Loan on the occasion of each Borrowing (including the initial Borrowing) or to provide L/Cs shall be subject to the further conditions precedent that on the date of such Borrowing or the issuance of an L/C (a) the following statements shall be true and (b) the Bank shall have received the notice required by Section 2.01(b2.1(b), which notice shall be deemed to be a certification by the Borrower that:

Appears in 2 contracts

Samples: Credit Agreement (Elite Information Group Inc), Credit Agreement (Elite Information Group Inc)

Conditions Precedent to Each Borrowing. The obligation -------------------------------------- of -------------------------------------- the Bank to make a Loan on the occasion of each Borrowing (including the initial Borrowing) shall be subject to the further conditions precedent that on the date of such Borrowing (a) the following statements shall be true and the Bank shall have received the notice required by Section 2.01(b2.1(b), which notice shall be deemed to be a certification by the Borrower that:

Appears in 1 contract

Samples: Credit Agreement (Keystone Automotive Industries Inc)

Conditions Precedent to Each Borrowing. The obligation of each -------------------------------------- the Bank Lender to make a Loan on the occasion of each Borrowing (including the initial Initial Borrowing) shall be subject to the further conditions precedent that on the date of such Borrowing (a) the following statements shall be true and the Bank Agent shall have received the notice Notice of Borrowing required by Section 2.01(b2.1(b), which notice shall be deemed to be include a certification by the Borrower Borrowers that:

Appears in 1 contract

Samples: Credit Agreement (Bei Technologies Inc)

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Conditions Precedent to Each Borrowing. The obligation of -------------------------------------- the any Bank to make a Revolving Loan on the occasion of each Borrowing (including the initial Borrowing) shall be subject to the further conditions precedent that on the date of such Borrowing (a) the following statements shall be true and the Bank Agent, on behalf of the Banks, shall have received the notice required by Section 2.01(b2.1(b), which notice shall be deemed to be a certification by the Borrower that:

Appears in 1 contract

Samples: Credit Agreement (Komag Inc /De/)

Conditions Precedent to Each Borrowing. The obligation of -------------------------------------- the Bank to make a Revolving Loan on the occasion of each Borrowing (including the initial Borrowing) shall be subject to the further conditions precedent that on the date of such Borrowing (a) the following statements shall be true and the Bank shall have received the notice required by Section 2.01(b2.1(c), which notice shall be deemed to be a certification by the Borrower that:

Appears in 1 contract

Samples: Credit Agreement (Watson Pharmaceuticals Inc)

Conditions Precedent to Each Borrowing. The obligation of -------------------------------------- the Bank Lender to make a Loan on the occasion of each Borrowing (including the initial Borrowing) shall be subject to the further conditions precedent that on the date of such Borrowing (a) the following statements shall be true and the Bank Lender shall have received the notice required by Section 2.01(b), which notice shall be deemed to be a certification by the Borrower that:

Appears in 1 contract

Samples: Credit Agreement (Safetytek Corp)

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