Bona Fide Obligation. Each Note is a bona fide, good, valid, and subsisting obligation of the account debtor thereunder, and, to Borrower’s actual knowledge, there are no facts which impairs or will impair the validity of any such Note.
Appears in 2 contracts
Samples: Loan and Security Agreement (Iron Bridge Mortgage Fund LLC), Loan and Security Agreement (Iron Bridge Mortgage Fund LLC)
Bona Fide Obligation. Each Eligible Note is a bona fide, good, valid, and subsisting obligation of the account debtor thereunder, and, to Borrower’s actual knowledge, there are no facts which impairs impair or will impair the validity of any such Eligible Note.
Appears in 1 contract
Samples: Loan and Security Agreement (InPoint Commercial Real Estate Income, Inc.)
Bona Fide Obligation. Each Eligible Note is a bona fide, good, valid, and subsisting obligation of the account debtor thereunder, and, to Borrower’s actual 's knowledge, there are no facts which impairs impair or will impair the validity of any such Eligible Note.
Appears in 1 contract
Samples: Loan and Security Agreement (Angel Oak Mortgage, Inc.)
