Credit Request. The Agent shall have received the related Borrowing Request or Issuance Request, as the case may be, for such Credit Extension, which Borrowing Request or Issuance Request will include a statement that all conditions to such Borrowing have been met. Each of the delivery of a Borrowing Request or an Issuance Request and the acceptance by any Borrower of the proceeds of the Borrowing or the issuance of the Letter of Credit, as applicable, shall constitute a representation and warranty by the Borrowers that on the date of such Borrowing (both immediately before and after giving effect to such Borrowing and the application of the proceeds thereof) or the issuance of the Letter of Credit, as applicable, the statements made in Section 6.2.1 are true and correct.
Appears in 2 contracts
Sources: Credit Agreement (Simpson Industries Inc), Credit Agreement (Simpson Industries Inc)
Credit Request. The Agent shall have received the related a Borrowing Request or Issuance RequestLetter of Credit Application, as the case may be, for such Credit ExtensionExtension or, which Borrowing in the case of a Bid Loan, the Lenders shall have received the Competitive Bid Request or Issuance Request will include a statement that all conditions to for such Borrowing have been metBid Loan. Each of the delivery of a Borrowing Request Request, Letter of Credit Application or an Issuance Competitive Bid Request and the acceptance by any Borrower the Company of the proceeds of the Borrowing or the issuance of the Letter of Credit, as applicable, shall constitute a representation and warranty by the Borrowers Company that on the date of such Borrowing (both immediately before and after giving effect to such Borrowing and the application of the proceeds thereof) or the issuance of the Letter of Credit, as applicable, the statements made in Section 6.2.1 are true and correct.
Appears in 1 contract
Sources: Credit Agreement (Norrell Corp)