Common use of Deemed Representations Clause in Contracts

Deemed Representations. Unless Borrower otherwise notifies the Bank prior to any borrowing hereunder, the acceptance by Borrower of the proceeds of any Loan shall constitute a representation and warranty that the statements contained in Section 6.02(a) are true and correct as of the date of such Loan.

Appears in 3 contracts

Samples: Credit Agreement (Vicon Industries Inc /Ny/), Credit Agreement (Disc Graphics Inc /De/), Credit Agreement (Disc Graphics Inc /De/)

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Deemed Representations. Unless the Borrower otherwise notifies the Bank prior to any borrowing hereunderborrowing, the acceptance by the Borrower of the proceeds of any Loan shall constitute a representation and warranty that the statements contained in Section 6.02(a3.02(a) are true and correct as of the date of such Loan.

Appears in 1 contract

Samples: Revolving Credit Agreement (Comforce Corp)

Deemed Representations. Unless Borrower otherwise notifies the Bank prior to any borrowing hereunder, the Each Loan request hereunder and acceptance by Borrower of the proceeds of any Loan thereof shall constitute a representation and warranty by Borrower that the statements contained in Section 6.02(aclauses (a), (b) and (c) of Subsection 5.02 above are true and correct as of both on the date of such request and, unless Borrower otherwise notifies Bank prior to the making of such Loan, on the date of the making of such Loan.

Appears in 1 contract

Samples: Loan and Security Agreement (Creditrust Corp)

Deemed Representations. Unless Borrower otherwise notifies the Bank and the Agent prior to any borrowing hereunder, the acceptance by Borrower of the proceeds of any Loan shall constitute a representation and warranty that the statements contained in Section 6.02(a) are true and correct as of the date of such Loan.. (THE BALANCE OF THIS PAGE IS INTENTIONALLY BLANK)

Appears in 1 contract

Samples: Credit Agreement (Disc Graphics Inc /De/)

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Deemed Representations. Unless Borrower otherwise notifies the Bank prior to any borrowing hereunder, the acceptance by Borrower of the proceeds of any Loan shall constitute a representation and warranty that the statements contained in Section 6.02(a) are true and correct as of the date of such Loan.. (THE BALANCE OF THIS PAGE IS INTENTIONALLY BLANK)

Appears in 1 contract

Samples: Credit Agreement (Disc Graphics Inc /De/)

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