Common use of CREDITOR'S REPRESENTATIONS AND WARRANTIES Clause in Contracts

CREDITOR'S REPRESENTATIONS AND WARRANTIES. Creditor represents and warrants to Lender that: (a) no representations or agreements of any kind have been made to Creditor which would limit or qualify in any way the terms of this Agreement; (b) this Agreement is executed at Borrower's request and not at the request of Lender; (c) Lender has made no representation to Creditor as to the creditworthiness of Borrower; and (d) Creditor has established adequate means of obtaining from Borrower on a continuing basis information regarding Borrower's financial condition. Creditor agrees to keep adequately informed from such means of any facts, events, or circumstances which might in any way affect Creditor's risks under this Agreement, and Creditor further agrees that Lender shall have no obligation to disclose to Creditor information or material acquired by Lender in the course of its relationship with Borrower.

Appears in 3 contracts

Samples: Loan Agreement (U S Laboratories Inc), Business Loan Agreement (U S Laboratories Inc), Subordination Agreement (Lithia Motors Inc)

AutoNDA by SimpleDocs

CREDITOR'S REPRESENTATIONS AND WARRANTIES. Creditor represents and warrants to Lender that: (aA) no representations or agreements of any kind have been made to Creditor which would limit or qualify in any way the terms of this Agreement; (bB) this Agreement is executed at Borrower's ’s request and not at the request of Lender; (cC) Lender has made no representation to Creditor as to the creditworthiness of Borrower; and (dD) Creditor has established adequate means of obtaining from Borrower on a continuing basis information regarding Borrower's ’s financial condition. Creditor agrees to keep adequately informed from such means of any facts, events, or circumstances which might in any way affect Creditor's ’s risks under this Agreement, and Creditor further agrees that Lender shall have no obligation to disclose to Creditor information or material acquired by Lender in the course of its relationship with Borrower.

Appears in 2 contracts

Samples: Subordination Agreement (Blonder Tongue Laboratories Inc), Business Loan Agreement (TX Holdings, Inc.)

CREDITOR'S REPRESENTATIONS AND WARRANTIES. Each Creditor represents and warrants to Lender that: (aA) no representations or agreements of any kind have been made to Creditor Creditors which would limit or qualify in any way the terms of this Agreement; (bB) this Agreement is executed at Borrower's ’s request and not at the request of Lender; (cC) Lender has made no representation to Creditor Creditors as to the creditworthiness of Borrower; and (dD) Creditor has Creditors have established adequate means of obtaining from Borrower on a continuing basis information regarding Borrower's ’s financial condition. Creditor agrees Creditors agree to keep adequately informed from such means of any facts, events, or circumstances which might in any way affect Creditor's Creditors’ risks under this Agreement, and Creditor Creditors further agrees agree that Lender shall have no obligation to disclose to Creditor Creditors information or material acquired by Lender in the course of its relationship with Borrower.

Appears in 2 contracts

Samples: Subordination Agreement, Subordination Agreement (Blonder Tongue Laboratories Inc)

CREDITOR'S REPRESENTATIONS AND WARRANTIES. Creditor represents and warrants to Lender that: (aA) no representations or agreements of any kind have been made to Creditor which would limit or qualify in any way the terms of this Agreement; (bB) this Agreement is executed at Borrower's request and not at the request of Lender; (cC) Lender has made no representation to Creditor as to the creditworthiness of Borrower; and (dD) Creditor has established adequate means of obtaining from Borrower on a continuing basis information regarding Borrower's financial condition. Creditor agrees to keep adequately informed from such means of any facts, events, or circumstances which might in any way affect Creditor's risks under this Agreement, and Creditor further agrees that Lender shall have no obligation to disclose to Creditor information or material acquired by Lender in the course of its relationship with Borrower.

Appears in 2 contracts

Samples: Subordination Agreement (Biomerica Inc), Subordination Agreement (Amexdrug Corp)

CREDITOR'S REPRESENTATIONS AND WARRANTIES. Creditor represents and warrants to Lender that: (aA) no representations or agreements of any kind have been made to Creditor which would limit or qualify in any way the terms of this Agreement; (bB) this Agreement is executed at Borrower's request and not at the request of Lender; (cC) Lender has made no representation to Creditor as to the creditworthiness of Borrower; and (dD) Creditor has established adequate means of obtaining from Borrower on a continuing basis information regarding Borrower's financial condition. Creditor agrees to keep adequately informed from such means of any facts, events, events or circumstances which might in any way affect Creditor's risks under this Agreement, and Creditor further agrees that Lender shall have no obligation to disclose to Creditor information or material acquired by Lender in the course of its relationship with Borrower.

Appears in 1 contract

Samples: Subordination Agreement (Microhelix Inc)

CREDITOR'S REPRESENTATIONS AND WARRANTIES. Creditor represents and warrants to Lender that: (aA) no representations or agreements of any kind have been made to Creditor which would limit or qualify in any way the terms of this Agreement; Agreement (bB) this Agreement is executed at Borrower's request and not at the request of Lender; (cC) Lender has made no representation to Creditor as to the creditworthiness of Borrower; and (d0) Creditor has established adequate means of obtaining from Borrower on a continuing basis information regarding Borrower's financial condition. Creditor agrees to keep adequately informed from such means of any facts, events, or circumstances which might in any way affect Creditor's risks under this Agreement, and Creditor further agrees that Lender shall have no obligation to disclose to Creditor information or material acquired by Lender Xxxxxx in the the, course of its relationship with Borrower.

Appears in 1 contract

Samples: Subordination Agreement (Pacifichealth Laboratories Inc)

CREDITOR'S REPRESENTATIONS AND WARRANTIES. Creditor represents and warrants to Lender that: (aA) no representations or agreements of any kind have been made to Creditor which would limit or qualify in any way the terms of this Agreement; (bB) this Agreement is executed at the Borrower's request and not at the request of Lender; (cC) Lender has made no representation to Creditor as to the creditworthiness of Borrower; and (dD) Creditor has established adequate means of obtaining from Borrower on a continuing basis information regarding Borrower's financial condition. Creditor agrees to keep adequately informed from such means of any facts, events, or circumstances which might in any way affect Creditor's risks under this Agreement, and Creditor further agrees that Lender shall have no obligation to disclose to Creditor information or material acquired by Lender in the course of its relationship with Borrower.

Appears in 1 contract

Samples: Subordination Agreement (Fresh Enterprises Inc)

AutoNDA by SimpleDocs

CREDITOR'S REPRESENTATIONS AND WARRANTIES. Creditor represents and warrants to Lender that: that (a) no representations or agreements of any kind have been made to Creditor which would limit or qualify quality in any way the terms of this Agreement; (b) this Agreement is executed at Borrower's request and not at the request of Lender; (c) Lender has made no representation to Creditor as to the creditworthiness of Borrower; , and (d) Creditor has established adequate means of obtaining from Borrower on a continuing basis information regarding Borrower's financial condition. Creditor agrees to keep adequately informed from such means of any facts, events, or circumstances which might in any way affect Creditor's risks under this Agreement, and Creditor further agrees that Lender shall have no obligation to disclose to Creditor information or material acquired by Lender in the course of its relationship with Borrower.

Appears in 1 contract

Samples: Subordination Agreement (Worldwide Medical Corp/Ca/)

CREDITOR'S REPRESENTATIONS AND WARRANTIES. Creditor represents and warrants to Lender that: (aA) no representations or agreements of any kind have been made to Creditor which would limit or qualify in any way the terms of this Agreement; (bB) this Agreement is executed at Borrower's ’s request and not at the request of Lender; (cC) Lender has made no representation to Creditor as to the creditworthiness of Borrower; and (dD) Creditor has established adequate means of obtaining from Borrower on a continuing basis information regarding Borrower's ’s financial condition. Creditor agrees to keep adequately informed from such means of any facts, events, or SUBORDINATION AGREEMENT circumstances which might in any way affect Creditor's ’s risks under this Agreement, and Creditor further agrees that Lender shall have no obligation to disclose to Creditor information or material acquired by Lender in the course of its relationship with Borrower.

Appears in 1 contract

Samples: Subordination Agreement (Siboney Corp)

CREDITOR'S REPRESENTATIONS AND WARRANTIES. Creditor represents and warrants to Lender that: (a) no representations or agreements of any kind have been made to Creditor which would limit or qualify in any way the terms of this Agreement; (b) this Agreement is executed at Borrower's request and not at the request of Lender; (c) Lender has made no representation to Creditor as to the creditworthiness of Borrower; and (d) Creditor has established adequate means of obtaining from Borrower on a continuing basis information regarding Borrower's financial condition. Creditor agrees to keep adequately informed from such means of any facts, events, or circumstances which might in any way affect Creditor's risks under this Agreement, and Creditor further agrees that Lender shall have no obligation to disclose to Creditor information Information or material acquired by Lender in the course of its relationship with Borrower.

Appears in 1 contract

Samples: Loan Agreement (1 800 Contacts Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.