Common use of Representations and Warranties; Compliance with Conditions Clause in Contracts

Representations and Warranties; Compliance with Conditions. The representations and warranties of all Loan Parties contained in this Agreement and the other Loan Documents shall be true and correct in all material respects on and as of the Substitution Date after giving effect to the Substitution Event with the same effect as if made on and as of the Substitution Date, no Material Adverse Change shall have occurred, and no Default or Event of Default shall have occurred and be continuing (x) on the Substitution Date which will not be cured by the Substitution Event or (y) after giving effect to the Substitution Event.