Common use of Bank Satisfaction Clause in Contracts

Bank Satisfaction. The Bank shall not know or have any reasonable reason to believe that, as of such Disbursement Date: (a) Any Default or Event of Default has occurred and is continuing; (b) Any warranty or representation set forth in Section 5 of this Agreement shall not be true and correct; or (c) Any provision of law, any order of any court or other agency of government or any regulation, rule or interpretation thereof shall have had any material adverse effect on the validity or enforceability of this Agreement, the Note, the Security Agreement, the Financing Statement, or the Guaranties.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Sterling Construction Co Inc)

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Bank Satisfaction. The Bank shall not know or have any reasonable reason to believe that, as of such Disbursement Date: (a) Any Default or Event of Default has occurred and is continuing; ; (b) Any warranty or representation set forth in Section 5 of this Agreement shall not be true and correct; or (c) Any provision of law, any order of any court or other agency of government or any regulation, rule or interpretation thereof shall have had any material adverse effect on the validity or enforceability of this Agreement, the Note, the Security Agreement, the Financing Statement, or the Guaranties.

Appears in 1 contract

Samples: Loan Agreement (Maxco Inc)

Bank Satisfaction. The Bank shall not know or have any reasonable reason to believe that, as of such Disbursement Date: (a) Any Default or Event of Default has occurred and is continuing; (b) Any warranty or representation set forth in Section 5 of this Agreement shall not be true and correct; or (c) Any provision of law, any order of any court or other agency of government or any regulation, rule or interpretation thereof shall have had any material adverse effect on the validity or enforceability of this Agreement, the Note, the Security Agreement, the Pledge Agreement, the Financing Statement, or the Guaranties.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Sterling Construction Co Inc)

Bank Satisfaction. The Bank shall not know or have any reasonable reason to believe that, as of such Disbursement Date: (a) Any Default or Event of Default has occurred and is continuing; (b) Any warranty or representation set forth in Section 5 5. of this Agreement shall not be true and correctcorrect in all material respects; or (c) Any provision of law, any order of any court or other agency of government or any regulation, rule or interpretation thereof shall have has had any a material adverse effect on the validity or enforceability of this Agreement, the Note, the Security Agreement, the Financing Statement, or the Guarantiesany Loan Document.

Appears in 1 contract

Samples: Loan Agreement (Plymouth Commercial Mortgage Fund)

Bank Satisfaction. The Bank shall not know or have any reasonable reason to ----------------- believe that, as of such Disbursement Date: (a) Any Default or Event of Default has occurred and is continuing; (b) Any warranty or representation set forth in Section 5 4 of this Agreement shall not be true and correct; or (c) Any provision of law, any order of any court or other agency of government or on any regulation, rule or interpretation thereof shall have had any material adverse effect on the validity or enforceability of this Agreement, the Revolving Credit Note, the Security Agreement, the Financing Statement, or the Guarantiesother documents contemplated hereby.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Symmetricom Inc)

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Bank Satisfaction. The Bank shall not know or have any reasonable reason to believe that, as of such Disbursement Date: (a) Any Default or Event of Default has occurred and is continuing; (b) Any warranty or representation set forth in Section 5 of this Agreement shall not be true and correctcorrect in all material respects; or (c) Any provision of law, any order of any court or other agency of government or any regulation, rule or interpretation thereof shall have had any material adverse effect on the validity or enforceability of this Agreement, the Note, the Security Agreement, the Financing Statementany existing security agreements or financing statements, or the GuarantiesSubordination Agreement.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Bestway Inc)

Bank Satisfaction. The Bank shall not know or have any reasonable reason to believe that, as of such Disbursement Date: (a) Any Default or Event of Default has occurred and is continuing;: (b) Any warranty or representation set forth in Section 5 of this Agreement shall not be true and correct; or (c) Any provision of law, any order of any court or other agency of government or any regulation, rule or interpretation thereof shall have had any material adverse effect on the validity or enforceability of this Agreement, the Note, the Security Agreement, the Financing Statement, Revolving Credit Note or the Guarantiesother documents contemplated hereby.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Manatron Inc)

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