FR EA

Contract analysis

Clause-by-clause risk read on any document of the firm. Pick a contract, or open any document from a matter.

Contract analysis / form-borrowing-request.docx
form-borrowing-request.docx
1019-00002 · 4 clauses
High · 1 Medium · 2 Standard · 0
Section 1: Borrowing Details Medium
⚑ Notice / time limit to track
Section 1: Borrowing Details 1.1 Type of Borrowing The type of Borrowing requested hereby is a: [Check or insert one:] Revolving Credit Borrowing Swingline Borrowing Instruction Note: If this Borrowing Request is for a Swingline Borrowing, the Swingline Lender is Prescott National Bank, N.A. The aggregate principal amount of all Swingline Loans outstanding at any time shall not exceed the Swingline Sub-Facility Limit
Section 2: Representations and Certifications Medium
⚑ Liability cap to check against exposure
Section 2: Representations and Certifications The undersigned authorized officer of the Borrower hereby certifies and represents to the Administrative Agent and each Lender that, as of the date hereof and as of the Borrowing Date (both before and after giving effect to the requested Borrowing and the application of the proceeds thereof): 2.1 Representations and Warranties The representations and warranties of the Bor
Section 3: Conditions Precedent Acknowledgment
Section 3: Conditions Precedent Acknowledgment The Borrower hereby acknowledges and confirms that the conditions to borrowing set forth in Section 4.02 of the Credit Agreement (Conditions to Each Credit Event) have been satisfied, or will be satisfied as of the Borrowing Date, including without limitation: (a) the delivery of this Borrowing Request in accordance with Section 2.03 of the Credit Agreement within the ti
Section 4: Administrative Agent Authorization High
⚑ Indemnity / guarantee obligation
Section 4: Administrative Agent Authorization The Borrower hereby irrevocably authorizes the Administrative Agent to charge the Borrower's deposit account maintained with Prescott National Bank, N.A. (or any affiliate thereof) for all principal, interest, fees, expenses, indemnities, and other amounts due and payable by the Borrower under the Credit Agreement and the other Loan Documents, in each case on the dates su