Conditions to the Advance. The obligation of Lenders to fund the Advance is subject to the satisfaction of the following conditions and requirements: (a) timely receipt by Administrative Agent of the Advance Request related to the Advance; (b) immediately before and after giving effect to the Advance, no Default or Event of Default shall have occurred and be continuing and the making of the Advance shall not cause a Default; (c) the representations and warranties contained in the Revolving Credit Agreement and incorporated herein by reference and in the other Loan Documents shall be true and correct in all material respects on and as of the date of the Advance, except that all representations and warranties that speak as of a particular date shall only be required on the date of the Advance to be true and correct in all material respects as of the date to which such representation or warranty speaks and not as of any subsequent date; and (d) such other information and documentation as Administrative Agent shall reasonably deem necessary or desirable in connection with the Advance.
Appears in 2 contracts
Sources: Credit Agreement (Camden Property Trust), Credit Agreement (Camden Property Trust)