Common use of Each Commitment Increase Clause in Contracts

Each Commitment Increase. The Commitments shall not be increased in accordance with Section 2.19 unless on the applicable Increase Date: (a) There exists no Default or Unmatured Default and none would result from such Commitment Increase; (b) The representations and warranties contained in Article V are true and correct as of such Increase Date after giving effect to such Commitment Increase (or, to the extent that any such representation and warranty specifically refers to an earlier date, as of such earlier date); and (c) All legal matters incident to the making of such Commitment Increase shall be satisfactory to the Administrative Agent and its counsel. Each notice of Commitment Increase with respect to each such Commitment Increase shall constitute a representation and warranty by the Borrower that the conditions contained in Section 4.3 have been satisfied.

Each Commitment Increase. The Commitments shall not be increased in accordance with Section 2.19 unless on the applicable Increase Date: (a) There exists no Default or Unmatured Default and none would result from such Commitment Increase; (b) The representations and warranties contained in Article V are true and correct as of such Increase Date after giving effect to such Commitment Increase (or, to the extent that any such representation and warranty specifically refers to an earlier date, as of such earlier date)Increase; and (c) All legal matters incident to the making of such Commitment Increase shall be satisfactory to the Administrative Agent and its counsel. Each notice of Commitment Increase with respect to each such Commitment Increase shall constitute a representation and warranty by the Borrower that the conditions contained in Section 4.3 have been satisfied.