This excerpt taken from the NDAQ 10-Q filed Nov 9, 2007.
Subsequent Borrowing Under the
Senior Secured Credit Facilities:
Each borrowing or issuance or renewal of a Letter of Credit under the Credit Facilities (other than as contemplated under Initial
Conditions Precedent as set forth above) will be subject to satisfaction of the following conditions precedent: (i) all of the representations and warranties in the loan documentation shall be materially correct and (ii) no defaults
or Events of Default shall have occurred and be continuing.
Bet you've never seen portfolio analytics like these.