Common use of Deemed Representations Clause in Contracts

Deemed Representations. Each Notice of Borrowing hereunder and acceptance by any Borrower of the proceeds of such Borrowing shall constitute a representation and warranty that the statements contained in Section 4.2(a) are true and correct both on the date of such notice and, unless any Borrower otherwise notifies the Bank prior to such Borrowing, as of the date of such Borrowing.

Appears in 5 contracts

Sources: Credit Agreement (Transact Technologies Inc), Credit Agreement (Tridex Corp), Credit Agreement (Tridex Corp)

Deemed Representations. Each Notice of Borrowing hereunder and acceptance by any the Borrower of the proceeds of such Borrowing shall constitute a representation and warranty that the statements contained in Section 4.2(a) are true and correct both on the date of such notice and, unless any the Borrower otherwise notifies the Bank prior to such Borrowing, as of the date of such Borrowing.

Appears in 2 contracts

Sources: Credit Agreement (Transact Technologies Inc), Credit Agreement (First Aviation Services Inc)

Deemed Representations. Each Notice of Borrowing hereunder and acceptance by any the Borrower of the proceeds of such Borrowing borrowing shall constitute a representation and warranty that the statements contained in Section 4.2(a) are true and correct both on the date of such notice and, unless any the Borrower otherwise notifies the Bank Lender prior to such Borrowingborrowing, as of the date of such Borrowingborrowing.

Appears in 2 contracts

Sources: Credit Agreement, Credit Agreement (Sturm Ruger & Co Inc)

Deemed Representations. Each Notice of Borrowing hereunder ---------------------- and acceptance by any the Borrower of the proceeds of such Borrowing shall constitute a representation and warranty that the statements contained in Section 4.2(a) are true and correct both on the date of such notice Notice of Borrowing and, unless any the Borrower otherwise notifies the Bank prior to such Borrowing, as of the date of such Borrowing.

Appears in 2 contracts

Sources: Credit Agreement (Centris Group Inc), Credit Agreement (Centris Group Inc)

Deemed Representations. Each Notice of Borrowing or request for the issuance of a Letter of Credit hereunder and acceptance by any Borrower of the proceeds of such Borrowing or the benefit of such Letter of Credit shall constitute a representation and warranty that the statements contained in Section 4.2(a) 5.2 are true and correct both on the date of such notice and, unless any such Borrower otherwise notifies the Bank Administrative Agent prior to such BorrowingBorrowing or issuance, as of the date of such BorrowingBorrowing or issuance.

Appears in 2 contracts

Sources: Credit Agreement (Cannondale Corp /), Credit Agreement (Cannondale Corp /)

Deemed Representations. Each Notice of Borrowing hereunder and acceptance by any the Borrower of the proceeds of such Borrowing shall constitute a representation and warranty that the statements contained in Section 4.2(a3.2(a) are true and correct both on the date of such notice Notice of Borrowing and, unless any the Borrower otherwise notifies the Bank Agent prior to such Borrowing, as of the date of such Borrowing.

Appears in 2 contracts

Sources: Credit Agreement (Donegal Group Inc), Credit Agreement (Core Inc)

Deemed Representations. Each Notice notice of Borrowing hereunder a Loan and acceptance by any the Borrower of the proceeds of such Borrowing thereof shall constitute a representation and warranty that the statements contained in Section 4.2(aSections 4.02(a), 4.02(b) and 4.02(c) are true and correct both on the date of such notice and, unless any the Borrower otherwise notifies the Bank prior to such Borrowingborrowing, as of the date of such BorrowingLoan.

Appears in 1 contract

Sources: Credit Agreement (MFS Multimarket Income Trust)

Deemed Representations. Each Notice of Borrowing and Money Market Quote Request hereunder and acceptance by any the Borrower of the proceeds of such Borrowing shall constitute a representation and warranty that the statements contained in Section 4.2(a) are true and correct both on the date of such notice and, unless any the Borrower otherwise notifies the Bank Administrative Agent prior to such Borrowing, as of the date of such Borrowing.. 37

Appears in 1 contract

Sources: Credit Agreement (Nfo Worldwide Inc)

Deemed Representations. Each Notice of Borrowing hereunder and ---------------------- acceptance by any the Borrower of the proceeds of such Borrowing shall constitute a representation and warranty that the statements contained in Section 4.2(a) are true and correct both on the date of such notice and, unless any the Borrower otherwise notifies the Bank prior to such Borrowing, as of the date of such Borrowing.

Appears in 1 contract

Sources: Credit Agreement (Mercator Software Inc)

Deemed Representations. Each Notice of Borrowing hereunder and acceptance by any the Borrower of the proceeds of such Borrowing shall constitute a representation and warranty that the statements contained in Section 4.2(a(a) are true and correct both on the date of such notice Notice of Borrowing and, unless any the Borrower otherwise notifies the Bank prior to such Borrowing, as of the date of such Borrowing.

Appears in 1 contract

Sources: Credit Agreement (Donegal Group Inc)

Deemed Representations. Each Notice notice of Borrowing hereunder and acceptance by any the Borrower of the proceeds of such Borrowing shall constitute a representation and warranty that the statements contained in Section 4.2(a4.02(a) are true and correct both on the date of such notice and, unless any the Borrower otherwise notifies the Bank Agent prior to such Borrowing, as of the date of such Borrowing.

Appears in 1 contract

Sources: Credit Agreement (Seneca Foods Corp /Ny/)

Deemed Representations. Each Notice notice of Borrowing hereunder and acceptance by any the Borrower of the proceeds of such Borrowing borrowing shall constitute a representation and warranty that the statements contained in Section 4.2(a) Article IV are true and correct both on the date of such notice and, unless any the Borrower otherwise notifies the Bank Lender prior to such Borrowingborrowing or issuance, as of the date of such Borrowingborrowing or issuance.

Appears in 1 contract

Sources: Revolving Credit Agreement (Patriot Capital Funding, Inc.)

Deemed Representations. Each Notice of Borrowing hereunder Request and each acceptance by any the applicable Borrower of the proceeds of such Borrowing Borrowing, shall constitute a representation and warranty by the Borrowers that the statements contained in Section 4.2(a) 4.2 are true and correct both on the date of such notice Borrowing Request and, unless any Borrower the Borrowers otherwise notifies notify the Bank Administrative Agent prior to such Borrowing, as of the date of such Borrowing.

Appears in 1 contract

Sources: Credit Agreement (Movado Group Inc)

Deemed Representations. Each Notice of Borrowing hereunder and acceptance by any the Borrower of the proceeds of such Borrowing shall constitute a representation and warranty that the statements contained in Section 4.2(a) are true and correct both on the date of such notice Notice of Borrowing and, unless any the Borrower otherwise notifies the Bank prior to such Borrowing, as of the date of such Borrowing.

Appears in 1 contract

Sources: Credit Agreement (Lincoln Snacks Co)

Deemed Representations. Each Notice of Borrowing hereunder and acceptance by any Borrower the Borrowers of the proceeds of such Borrowing borrowing shall constitute a representation and warranty that the statements contained in Section 4.2(a4.3(a) are true and correct both on the date of such notice and, unless any Borrower the Borrowers otherwise notifies notify the Bank Agent prior to such Borrowingborrowing, as of the date of such Borrowingborrowing.

Appears in 1 contract

Sources: Credit Agreement (Amscan Holdings Inc)

Deemed Representations. Each Notice notice of Borrowing hereunder a Loan and acceptance by any the Borrower of the proceeds of such Borrowing thereof shall constitute a representation and warranty that the statements contained in Section 4.2(a4.02(a) are true and correct both on the date of such notice and, unless any the Borrower otherwise notifies the Bank prior to such Borrowingborrowing, as of the date of such BorrowingLoan.

Appears in 1 contract

Sources: Credit Agreement (Hardinge Inc)

Deemed Representations. Each Notice notice of Borrowing borrowing hereunder and acceptance by any the Borrower of the proceeds of such Borrowing borrowing shall constitute a representation and warranty that the statements contained in Section 4.2(a5.02(a) are true and correct both on the date of such notice and, unless any the Borrower otherwise notifies the Bank Agent prior to such Borrowingborrowing, as of the date of such Borrowingborrowing.

Appears in 1 contract

Sources: Credit Agreement (Conmed Corp)

Deemed Representations. Each Notice The notice of Borrowing borrowing hereunder and acceptance by any the Borrower of the proceeds of such Borrowing borrowing shall constitute a representation and warranty by Borrower that the statements contained in Section 4.2(aSections 5.02(a) and 5.03 are true and correct both on the date of such notice and, unless any the Borrower otherwise notifies the Bank Agent prior to such Borrowingborrowing, as of the date of such Borrowingborrowing.

Appears in 1 contract

Sources: Credit Agreement (Conmed Corp)