Borrower's Affidavit. The Borrower shall have delivered to the Bank the affidavit of the Borrower affirming (among other things) as of the date of each draw, (i) that all costs for labor and material for the construction and equipping of all improvements comprising any part of the Project furnished to the date of Borrower's affidavit have been paid in full (in accordance with Section 5.6 above), and (ii) that no bankruptcy or other insolvency proceedings have been instituted by or against the Borrower.
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Samples: Reimbursement Agreement (Core Materials Corp), Reimbursement Agreement (Core Molding Technologies Inc)
Borrower's Affidavit. The Borrower shall have delivered -------------------- to the Bank the affidavit of the Borrower affirming (among other things) as of the date of each drawdisbursement, (i) that all costs for labor and material for the construction and equipping of all improvements comprising any part of the Project furnished to the date of Borrower's affidavit have been paid in full (in accordance with Section 5.6 above), and (ii) that no bankruptcy or other insolvency proceedings have been instituted by or against the Borrower.
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Borrower's Affidavit. The Borrower shall have delivered to the Bank the affidavit of the Borrower Borrower's affirming (among other things) as of the date of each draw, (i) that all invoiced costs that as of the date prior to such draw were due and payable for labor and material for the construction and equipping of all improvements comprising any part of the Project furnished to the date of Borrower's affidavit have been paid in full (in accordance with Section 5.6 5.5 above), and (ii) that no bankruptcy or other insolvency proceedings have been instituted by or against the Borrower.
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