Common use of Conditions for Drawdowns Clause in Contracts

Conditions for Drawdowns. On or before each Drawdown hereunder the following conditions shall be satisfied: (a) the Agent shall have received a proper and timely Drawdown Notice from the Borrower requesting the Drawdown; (b) the representations and warranties set forth in Section 9.1 shall be true and accurate in all respects on and as of the date of the requested Drawdown;