Common use of Borrower’s Financial Condition Clause in Contracts

Borrower’s Financial Condition. The Undersigned acknowledges that he has reviewed and is familiar with the Loan Documents and is familiar with the operations and financial condition of Borrower, and agrees that Lender shall not have any duty or obligation to communicate to the Undersigned any information regarding Borrower’s financial condition or affairs.

Appears in 3 contracts

Samples: Credit Agreement, Credit Agreement (THEDIRECTORY.COM, Inc.), Credit Agreement (Social Reality)

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Borrower’s Financial Condition. The Undersigned acknowledges that he has reviewed and is familiar with the Loan Documents and is familiar with the operations and financial condition of each Borrower, and agrees that Lender shall not have any duty or obligation to communicate to the Undersigned any information regarding Borrower’s Borrowers’ financial condition or affairs.

Appears in 1 contract

Samples: Credit Agreement (Poet Technologies Inc.)

Borrower’s Financial Condition. The Undersigned acknowledges that he has reviewed and is familiar with the Loan Note, the Purchase Agreement and all other Transaction Documents and is familiar with the operations and financial condition of the Borrower, and agrees that Lender shall not have any duty or obligation to communicate to the Undersigned any information regarding Borrower’s Borrower 's financial condition or affairs.

Appears in 1 contract

Samples: Validity Guaranty (Millennium Healthcare Inc.)

Borrower’s Financial Condition. The Each of the Undersigned acknowledges that he has reviewed and is familiar with the Loan Documents and is familiar with the operations and financial condition of Borrower, and agrees that Lender shall not have any duty or obligation to communicate to the Undersigned any information regarding Borrower’s financial condition or affairs.

Appears in 1 contract

Samples: Senior Secured Credit Facility Agreement (Drone USA Inc.)

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Borrower’s Financial Condition. The Undersigned acknowledges that he has reviewed and is familiar with the Loan Debentures, the Purchase Agreement and all other Transaction Documents and is familiar with the operations and financial condition of the Borrower, and agrees that Lender shall not have any duty or obligation to communicate to the Undersigned any information regarding Borrower’s financial condition or affairs.

Appears in 1 contract

Samples: Validity Guaranty (POSITIVEID Corp)

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