Deemed Representations. Each request by Borrower for, and acceptance by Borrower of, an advance of proceeds of the Loans shall constitute a representation and warranty by Borrower as to the satisfaction of the conditions in clauses (2) and (3) of Section 4.02, as of both the date of such request and the date of such advance or issuance.
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Sources: Term Loan Agreement (Avalonbay Communities Inc), Term Loan Agreement (Avalonbay Communities Inc)
Deemed Representations. Each request by Borrower ▇▇▇▇▇▇▇▇ for, and acceptance by Borrower of, an advance of proceeds of the Loans Loans, shall constitute a representation and warranty by Borrower as to the satisfaction of the conditions in clauses (2) and (3) of Section 4.02, as of both the date of such request and the date of such advance or issuance.
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Deemed Representations. Each request by Borrower ▇▇▇▇▇▇▇▇ for, and acceptance by Borrower of, an advance of proceeds of the Loans Loans, and each request by Borrower for, and each issuance or extension by the Issuing Bank of, a Letter of Credit, shall constitute a representation and warranty by Borrower as to the satisfaction of the conditions in clauses (2) and (3) of Section 4.02, as of both the date of such request and the date of such advance or issuance.
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Sources: Revolving Loan Agreement (Avalonbay Communities Inc)
Deemed Representations. Each request by Borrower for, and acceptance by Borrower of, an advance of proceeds of the Loans shall constitute a representation and warranty by Borrower as to the satisfaction of the conditions in clauses (2) and (3) of Section 4.02that, as of both the date of such request and the date of such the advance (1) no Default or issuanceEvent of Default has occurred and is continuing, and (2) each representation or warranty contained in this Agreement or the other Loan Documents is true and correct.
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Deemed Representations. Each request by Borrower forBor▇▇▇▇▇ ▇▇r, and acceptance by Borrower of, an advance of proceeds of the Loans Loans, and each request by Borrower for, and each issuance or extension by the Issuing Bank of, a Letter of Credit, shall constitute a representation and warranty by Borrower as to the satisfaction of the conditions in clauses (2) and (3) of Section 4.02, as of both the date of such request and the date of such advance or issuance.
Appears in 1 contract
Sources: Revolving Loan Agreement (Avalonbay Communities Inc)
Deemed Representations. Each request by Borrower B▇▇▇▇▇▇▇ for, and acceptance by Borrower of, an advance of proceeds of the Loans Loans, shall constitute a representation and warranty by Borrower as to the satisfaction of the conditions in clauses (2) and (3) of Section 4.02, as of both the date of such request and the date of such advance or issuance.
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