Common use of Further conditions precedent Clause in Contracts

Further conditions precedent. The obligations of each Lender to participate in any Loan are subject to the further conditions precedent that on both the date of the Request and the Utilisation Date for that Loan: (a) the Repeating Representations are correct in all material respects; and (b) no Default or, in the case of a Rollover Loan, no Event of Default is outstanding or would result from the Loan.

Appears in 14 contracts

Sources: Credit Facility Agreement (Telesystem International Wireless Inc), Credit Facility Agreement (PPL Corp), Credit Facility (Tele2 Ab)

Further conditions precedent. The obligations of each Lender to participate in advance any Loan are subject to the further conditions precedent that on both the date of the Request and the Utilisation Date for that Loan: (a) the Repeating Representations representations made under Clause 14 (Representations) are correct in all material respects; and (b) no Default or, in the case of a Rollover Loan, no Event of Default is outstanding or would result from the Loanthat Loan being made.

Appears in 3 contracts

Sources: Credit Facility Agreement (Seaspan CORP), Reducing Revolving Credit Facility (Seaspan CORP), Reducing Revolving Credit Facility (Seaspan CORP)

Further conditions precedent. The obligations of each Lender to participate in any Loan are subject to the further conditions precedent that on both the date of the Request and the Utilisation Drawdown Date for that Loan: (a) 4.2.1 the Repeating Representations are correct in all material respects; and (b) 4.2.2 no Default or, in the case of a Rollover Loan, no Event of Default is outstanding or would result from the Loan.

Appears in 3 contracts

Sources: Multicurrency Revolving Facilities Agreement (PPL Energy Supply LLC), Amendment and Restatement Agreement (PPL Energy Supply LLC), Multicurrency Revolving Facilities Agreement (PPL Energy Supply LLC)

Further conditions precedent. The obligations of each Lender to participate in any Loan are subject to the further conditions precedent that on both the date of the Request and the Utilisation Date for that Loan, the Borrower represents and warrants for the benefit of the Lenders that: (a) no Default has occurred and is continuing or would result from the Repeating Representations are correct in all material respectsproposed Loan; and (b) no Default or, the Representations made by the Borrower (other than the representations set out in the case of a Rollover Loan, no Event of Default is outstanding or would result from the Loan.Clause

Appears in 2 contracts

Sources: Fixed Rate Convertible Shareholder Loan Facility, Fixed Rate Convertible Shareholder Loan Facility

Further conditions precedent. The obligations of each Lender to participate in any Loan are subject to the further conditions precedent that on both the date of the Request and the Utilisation Date for that Loan: (a) the Repeating Representations are correct in all material respects; and (b) no Event of Default orand, in the case of a Loan other than a Rollover Loan, no Event of Default Default, is outstanding or would result from the Loan.

Appears in 2 contracts

Sources: Loan Agreement (Smith & Nephew PLC), Facility Agreement (Smith & Nephew PLC)

Further conditions precedent. The obligations of each Lender to participate in any Loan are subject to the further conditions precedent that on both the date of the Request and the Utilisation Date for that Loan: (a) the Repeating Representations are correct in all material respects; and (b) no Default or, in the case of a Rollover Loan, no Event of Default is outstanding or would result from the proposed Loan.

Appears in 2 contracts

Sources: Revolving Credit Facility (Sara Lee Corp), Revolving Credit Facility (D.E Master Blenders 1753 B.V.)

Further conditions precedent. The obligations of each Lender to participate in any Loan are subject to the further conditions precedent that on both the date of the Request and the Utilisation Date for that Loan (other than a Rollover Loan:): (a) the Repeating Representations are correct in all material respects; and (b) no Default or, in the case of a Rollover Loan, no Event of Default is outstanding or would result from making the Loan.

Appears in 2 contracts

Sources: Revolving Credit Facility Agreement (MGM Resorts International), Revolving Credit Facility Agreement (MGM Resorts International)

Further conditions precedent. The obligations of each Lender to participate in any Loan are subject to the further conditions precedent that on both the date of the Request and the Utilisation Date for that Loan: (a) the Repeating Representations are correct in all material respects; and (b) no Default or, in the case of a Rollover Loan, no Event of Default is outstanding or would result from the Loan.

Appears in 2 contracts

Sources: Finance Agreement, Credit Facilities Agreement (Imperial Tobacco Group PLC)

Further conditions precedent. The obligations of each Lender to participate in any the Loan are subject to the further conditions precedent that on both the date of the Request and the Utilisation Date for that the Loan: (a) the Repeating Representations are correct in all material respects; and (b) no Default or, in the case of a Rollover Loan, no Event of Default is outstanding or would result from the Loan.

Appears in 2 contracts

Sources: Credit Facility Agreement (Baidu, Inc.), Credit Facility Agreement (Bausch & Lomb Inc)

Further conditions precedent. The obligations of each Lender to participate in any Loan are subject to the further conditions precedent that on both the date of the Request and the Utilisation Date for that Loan: (a) the Repeating Representations are correct in all material respects; and (b) no Potential Event of Default or, in the case of a Rollover Loan, no or Event of Default is outstanding or would result from the Loan.

Appears in 2 contracts

Sources: Credit Facility Agreement (International Paper Co /New/), Credit Facility Agreement (International Paper Co /New/)

Further conditions precedent. The obligations of each Lender to participate in any advance the Loan are subject to the further conditions precedent that on both the date of the Request and the Utilisation Date for that the Loan: (a) the Repeating Representations representations made under Clause 14 (Representations) are correct in all material respects; and (b) no Default or, in the case of a Rollover Loan, no Event of Default is outstanding or would result from the LoanLoan being made.

Appears in 1 contract

Sources: Credit Facility Agreement (Seaspan CORP)

Further conditions precedent. The obligations of each Lender the Lenders to participate in any make a Loan are subject to the further conditions precedent that on both the date of the Request and a Request, the Utilisation Date for that LoanDate: (a) the Repeating Representations are correct in all material respects; and (b) no Default or, in the case of a Rollover Loan, no Event of Default is outstanding or would result from the making of the Loan.

Appears in 1 contract

Sources: Amendment and Restatement Agreement (Strategic Hotels & Resorts, Inc)

Further conditions precedent. The obligations of each Lender the Lenders to participate in any make a Loan (which until the Term-out Date shall not include the roll-over of an existing Loan) are subject to the further conditions precedent that on both the date of the Request and a Request, the Utilisation Date for that LoanDate: (a) the Repeating Representations are correct in all material respects; and (b) no Default or, in the case of a Rollover Loan, no Event of Default is outstanding or would result from the making of the Loan.

Appears in 1 contract

Sources: Facility Agreement (Strategic Hotels & Resorts, Inc)

Further conditions precedent. The obligations of each the Lender to participate in make any Loan are subject to the further conditions precedent that on both the date of the Request and the Utilisation Date for that the Loan: (a) the Repeating Representations are correct in all material respects; and (b) no Default is outstanding or, in the case of a Rollover Loan, no Event of Default is outstanding or would result from the Rollover Loan.

Appears in 1 contract

Sources: Facilities Agreement (Mitcham Industries Inc)

Further conditions precedent. The obligations of each Lender to participate advance its participation in any Loan are subject to the further conditions precedent that on both the date of the Request and the Utilisation Date for that Loan: (a) the Repeating Representations and Warranties are correct in all material respects; and (b) no Default or, in the case of a Rollover Loan, no Event of Default Default, is outstanding or would result from the advance of the Loan.

Appears in 1 contract

Sources: Facility Agreement (United States Steel Corp)

Further conditions precedent. The obligations of each Lender to participate in advance any Loan are subject to the further conditions precedent that on both the date of the Request and the Utilisation Date for that Loan: (a) other than in the Repeating Representations case of a Rollover Loan, the representations made under Clause 14 (Representations) are correct in all material respects; and (b) no Default or, in the case of a Rollover Loan, no Event of Default is outstanding or would result from the Loan, and in the case of any other Loan, no Default is outstanding or would result from that Loan.

Appears in 1 contract

Sources: Credit Agreement (Global Ship Lease, Inc.)

Further conditions precedent. The obligations of each Lender to participate in any Loan are subject to the further conditions precedent that on both the date of the Request and the Utilisation Date for that Loan: (a) 4.2.1 the Repeating Representations are correct in all material respects; and (b) 4.2.2 no Default or, in the case of a Rollover Loan, no Event of Default is outstanding or would result from the Loan.

Appears in 1 contract

Sources: Multicurrency Revolving Facility Agreement (PPL Energy Supply LLC)

Further conditions precedent. The obligations of each Lender to participate in any the Loan are subject to the further conditions precedent that on both the date of the Request and the Utilisation Date for that Loan: (a) the Repeating Representations are correct in all material respects; and (b) no Default or, in the case of a Rollover Loan, no Event of Default is outstanding or would result from the Loan.

Appears in 1 contract

Sources: Credit Facilities Agreement

Further conditions precedent. The obligations of each the Lender to participate in any Loan are subject to the further conditions precedent that on both the date of the Request and the Utilisation Date for that Loan: (a) the Repeating Representations representations are correct in all material respects; and (b) no Default or, in the case of a Rollover Loan, no Event of Default is outstanding or would result from the Loan.

Appears in 1 contract

Sources: Credit Facility Agreement (United Auto Group Inc)

Further conditions precedent. The obligations of each Lender to participate in any Loan are subject to the further conditions precedent that on both the date of the Request and the Utilisation Date for that Loan: (a) the Repeating Representations are correct in all material respects; and; (b) no Default or, in the case of a Rollover Loan, no Event of Default is outstanding or would result from the Loan; and (c) there is no outstanding failure to comply with any of the financial covenants in Clause 20 (Financial Covenants).

Appears in 1 contract

Sources: Credit Facility (Vivendi Universal)

Further conditions precedent. The obligations of each the Lender to participate in any the Loan are subject to the further conditions precedent that on both the date of the Request and the Utilisation Date for that the Loan: (a) the Repeating Representations are correct in all material respects; and (b) no Default or, in the case of a Rollover Loan, no Event of Default is outstanding or would result from the Loan.

Appears in 1 contract

Sources: Facility Agreement (Baidu, Inc.)

Further conditions precedent. The obligations of each Lender to participate in any Loan are subject to the further conditions precedent that that: (a) on both the date of the Request and the Utilisation Date for that Loan: (ai) the Repeating Representations are correct in all material respects; and (bii) no Default or, in the case of a Rollover Loan, no Event of Default is outstanding or would result from the Loan; and (b) on the Utilisation Date of the first Revolving Credit Loan made after the Effective Date, all Revolving Credit Loans outstanding on the Effective Date will have been repaid.

Appears in 1 contract

Sources: Term and Revolving Credit Facility Agreement (Kellwood Co)

Further conditions precedent. The obligations of each Lender to participate in any Loan are subject to the further conditions precedent that on both the date of the Request and the proposed Utilisation Date for that Loan: (a) the Repeating Representations are correct in all material respects; and (b) no Default or, in the case of a Rollover Loan, no Event of Default is outstanding or would result from the Loan.

Appears in 1 contract

Sources: Credit Facility Agreement (Eros International PLC)

Further conditions precedent. The obligations of each Lender to participate in advance any Loan are subject to the further conditions precedent that on both the date of the Request and the Utilisation Date for that Loan: (a) the Repeating Representations representations made under Clause 14 (Representations) are correct in all material respects; and (b) no Default or, in the case of a Rollover Loan, no Event of Default is outstanding or would result from the Loanthat Drawing or that Rollover Loan being made.

Appears in 1 contract

Sources: Credit Facility (Seaspan CORP)

Further conditions precedent. The obligations of each Lender to participate in any Loan are subject to the further conditions precedent that on both the date of the Request and the Utilisation Date for that Loan: (a) the Repeating Representations are correct in all material respects; and; (b) no Default or, in the case of a Rollover Loan, no Event of Default is outstanding or would result from the Loan; and (c) the Facility Agent has received confirmation that the Loan will constitute Senior Indebtedness for the purposes of the HYB Indenture.

Appears in 1 contract

Sources: Facilities Agreement (Preem Holdings Ab Publ)

Further conditions precedent. The obligations of each Lender to participate in any Loan are subject to the further conditions precedent that on both the date of the Request and the Utilisation Date for that Loan: (a) the Repeating Representations are correct in all material respects; and (b) no Default or, in the case of a Rollover Loan, no Event of Default is outstanding or would result from the Loan.

Appears in 1 contract

Sources: Credit Facility Agreement (Aramark Corp/De)

Further conditions precedent. The obligations of each Lender to participate in any Loan (other than a Rollover Loan) are subject to the further conditions precedent that on both the date of the Request and the Utilisation Date for that Loan: (a) the Repeating Representations are correct in all material respects; and (b) no Default or, in the case of a Rollover Loan, no Event of Default is outstanding or would result from the Loan.

Appears in 1 contract

Sources: Credit Agreement (MGM Resorts International)

Further conditions precedent. The obligations of each Lender to participate in any the Loan are subject to the further conditions precedent that on both the date of the Request and the Utilisation Date for that the Loan: (a) the Repeating Representations are correct in all material respects; and (b) no Default or, in the case of a Rollover Loan, no Event of Default is outstanding or would result from the Loan.

Appears in 1 contract

Sources: Credit Facility Agreement (EnerSys)

Further conditions precedent. The obligations of each Lender to participate in any Loan are subject to the further conditions precedent that on both the date of the Request and the Utilisation Date for that Loan: (a) the Repeating Representations are correct in all material respects; and; (b) no Default or, in the case of a Rollover Loan, no Event of Default is outstanding or would result from the Loan; and (c) there has been no disruption of, or material adverse change in, the financial, banking or capital market conditions which would have an impact on the Lender’s ability to make that Loan.

Appears in 1 contract

Sources: Credit Facility Agreement (Photronics Inc)

Further conditions precedent. The obligations of each Lender to participate in any Loan are subject to the further conditions precedent that on both the date of the Request and the Utilisation Date for that Loan: (a) the Repeating Representations are correct in all material respects; and (b) no Default or, in the case of a Rollover Loan, no Event of Default is outstanding or would result from the Loan.

Appears in 1 contract

Sources: Bridge Facility Agreement (Preem Holdings Ab Publ)