Common use of Representations of the Borrowers Clause in Contracts

Representations of the Borrowers. The Borrowers represent and warrant that: (a) the representations and warranties set forth in the Loan Documents are true and correct in all material respects on and as of the Term B Refinancing Effective Date after giving effect hereto with the same effect as though made on and as of such date, except to the extent such representations and warranties expressly relate to an earlier date (in which case such representations and warranties shall be true and correct in all material respects as of such earlier date); and (b) no Event of Default or Default was continuing on and as of the Term B Refinancing Effective Date after giving effect hereto and to the extension of credit requested to be made on the Term B Refinancing Effective Date.

Appears in 1 contract

Sources: Incremental Assumption Agreement (Rexnord Corp)

Representations of the Borrowers. The Borrowers represent and warrant that: (a) the representations and warranties set forth in the Loan Documents are true and correct in all material respects on and as of the Term B Refinancing Incremental Effective Date after giving effect hereto with the same effect as though made on and as of such date, except to the extent such representations and warranties expressly relate to an earlier date (in which case such representations and warranties shall be true and correct in all material respects as of such earlier date); and (b) no Event of Default or Default was continuing on and as of the Term B Refinancing Incremental Effective Date after giving effect hereto and to the extension of credit requested to be made on the Term B Refinancing Incremental Effective Date.

Appears in 1 contract

Sources: Incremental Assumption and Amendment Agreement (Rexnord Corp)