Common use of Effect of Draw Request Clause in Contracts

Effect of Draw Request. That each Draw Request shall constitute an affirmation that the representations and warranties of this Article 3 remain true and correct as of the date hereof, and, unless Lender is notified to the contrary prior to the disbursement of the requested advance or any portion thereof, shall constitute an affirmation that the same remain true and correct on the date of such disbursement.

Effect of Draw Request. That each Draw Request submitted to Lender as provided in Article 6 hereof shall constitute an affirmation that the representations and warranties contained in Article 3 of this Article 3 Agreement and in the other Loan Documents remain true and correct as of the date hereof, and, thereof; and unless Lender is notified to the contrary contrary, in writing, prior to the disbursement of the requested advance Advance or any portion thereof, shall constitute an affirmation that the same remain true and correct on the date of such disbursement.

Effect of Draw Request. That each Draw Request Each draw request shall constitute an affirmation that the representations and warranties of this Article 3 IV remain true and correct as of the date hereofthereof, and, unless Lender is notified to the contrary prior to the disbursement of the requested advance (or any portion thereof), shall constitute an affirmation that the same remain true and correct on the date of such disbursement.