Common use of Eligible Instruments Clause in Contracts

Eligible Instruments. Each Instrument which is assigned to Lender pursuant to this Agreement and against which an Advance is requested shall be an Eligible Instrument at the time of assignment. Borrower has performed all of its obligations to Purchasers, and there are no executory obligations to Purchasers to be performed by Borrower, except for Completion of the Work. Borrower further warrants and guarantees the enforceability of the Receivables Collateral.

Eligible Instruments. Each Instrument which is assigned to Lender pursuant to this Agreement and against which an Advance of the Receivables Loan is requested or which is assigned in satisfaction of Borrower's obligations under paragraph 2.7 or 3.2 shall be an Eligible Instrument at the time of assignment. Borrower has performed Performed all of its obligations to Purchasers, and there are no executory obligations to Purchasers to be performed Performed by Borrower, except for Completion of the Work. Borrower further warrants non-delinquent and guarantees the enforceability of the Receivables Collateralexecutory obligations disclosed to Purchasers in their Purchase Contracts.

Eligible Instruments. Each Instrument which is assigned to Lender pursuant to this Loan Agreement and against which an Advance is requested or which is assigned in satisfaction of Borrower's obligations under this Loan Agreement shall be an Eligible Instrument at the time of assignment. Borrower has performed all of its obligations to Purchasers, and there are no executory obligations to Purchasers to be performed by Borrower, except for Completion of the Work. Borrower further warrants non-delinquent and guarantees the enforceability of the Receivables Collateralexecutory obligations disclosed to Purchasers in their Purchase Contracts.

Eligible Instruments. Each Instrument which is assigned to Lender pursuant to this Agreement and against which an Advance is requested or which is assigned in satisfaction of Borrower's obligations under paragraph 2.7 or 3.2 shall be an Eligible Instrument at the time of assignment. Borrower has performed Performed all of its obligations to Purchasers, and there are no executory obligations to Purchasers to be performed Performed by Borrower, except for Completion of the Work. Borrower further warrants non-delinquent and guarantees the enforceability of the Receivables Collateralexecutory obligations disclosed to Purchasers in their Purchase Contracts.