Common use of Certification as to Representations and Warranties Clause in Contracts

Certification as to Representations and Warranties. Seller, by accepting the Initial Purchase Price paid for each purchase of Purchased Receivables on any day, shall be deemed to have certified that its representations and warranties contained herein are true and correct on and as of such day, with the same effect as though made on and as of such day (except that any such representation or warranty that is expressly stated as being made only as of a specified earlier date shall be true and correct in all material respects as of such earlier date).

Appears in 4 contracts

Samples: Accounts Receivable Purchase Agreement (Telos Corp), Accounts Receivable Purchase Agreement (Implant Sciences Corp), Accounts Receivable Purchase Agreement (American Defense Systems Inc)

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