Common use of Additional Representations and Covenants of Assignee Clause in Contracts

Additional Representations and Covenants of Assignee. [The][Each] Assignee represents and warrants that (a) it is an Affiliated Lender pursuant to Section 9.04(e) of the Credit Agreement; (b) no Default or Event of Default has occurred or is continuing or would result therefrom, and (c) as of the Effective Date, after giving effect to this Affiliated Lender Assignment and Assumption, the aggregate principal amount of the Loans and Commitments held by all Affiliated Lenders does not exceed 25.0% of the total Commitments and Loans outstanding. By executing this Affiliated Lender Assignment and Assumption, each Affiliated Lender agrees to be bound by the terms of Section 9.22 of the Credit Agreement.]3

Appears in 1 contract

Sources: Credit Agreement (Potomac Electric Power Co)

Additional Representations and Covenants of Assignee. [The][Each] Assignee represents and warrants that (a) it is an Affiliated Lender pursuant to Section 9.04(e) of the Credit Agreement; (b) no Default or Event of Default has occurred or is continuing or would result therefromfrom this Affiliated Lender Assignment and Acceptance, and (c) as of the Effective Date, after giving effect to this Affiliated Lender Assignment and AssumptionAcceptance, the aggregate principal amount of the Loans and Commitments held by all Affiliated Lenders does not exceed 25.0% of the total Commitments and Loans outstanding. By executing this Affiliated Lender Assignment and AssumptionAcceptance, each Affiliated Lender agrees to be bound by the terms of Section 9.22 of the Credit Agreement.]3Agreement.]

Appears in 1 contract

Sources: Assignment and Acceptance (Exelon Generation Co LLC)

Additional Representations and Covenants of Assignee. [The][Each] Assignee represents and warrants that (a) it is an Affiliated Lender pursuant to Section 9.04(e) of the Credit Agreement; (b) no Default or Event of Default has occurred or is continuing or would result therefrom, and (c) as of the Effective Date, after giving effect to this Affiliated Lender Assignment and Assumption, the aggregate principal amount of the Loans and Commitments held by all Affiliated Lenders does not exceed 25.0% of the total Commitments and Loans outstanding. By executing this Affiliated Lender Assignment and Assumption, each Affiliated Lender agrees to be bound by the terms of Section 9.22 9.21 of the Credit Agreement.]3

Appears in 1 contract

Sources: Credit Agreement (Exelon Generation Co LLC)