Financial Information. Each financial statement of Borrower supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will constitute, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 57 contracts
Samples: Business Loan Agreement (Mackie Designs Inc), Business Loan Agreement (New America Network Inc), Business Loan Agreement (Sigma Designs Inc)
Financial Information. Each financial statement of Borrower supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal EffectLEGAL EFFECT. This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will constitute, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 55 contracts
Samples: Business Loan Agreement (Discas Inc), Business Loan Agreement (Southwest Water Co), Business Loan Agreement (Trex Co Inc)
Financial Information. Each of Borrower's financial statement of Borrower statements supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument or agreement Borrower is required hereunder to be given by Borrower give under this Agreement when delivered will constitute, constitute legal, valid valid, and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 46 contracts
Samples: Business Loan Agreement (Karat Packaging Inc.), Business Loan Agreement (Torotel Inc), Business Loan Agreement (Collectors Universe Inc)
Financial Information. Each of Borrower’s financial statement of Borrower statements supplied to Lender truly and completely disclosed Borrower's ’s financial condition as of the date of the statement, and there has been no material adverse change in Borrower's ’s financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument or agreement Borrower is required hereunder to be given by Borrower give under this Agreement when delivered will constitute, constitute legal, valid valid, and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 8 contracts
Samples: Business Loan Agreement, Change in Terms Agreement (Apollo Medical Holdings, Inc.), Business Loan Agreement (Asset Based) (Mammoth Energy Partners LP)
Financial Information. Each financial statement of Borrower supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal EffectLEGAL EFFECT. This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will constitute, constitute legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 6 contracts
Samples: Business Loan Agreement (Faroudja Inc), Business Loan Agreement (Information Advantage Software Inc), Loan Agreement (PDS Financial Corp)
Financial Information. Each of Borrower's financial statement of Borrower statements supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument or agreement Borrower is required hereunder to be given by Borrower give under this Agreement when delivered will constitute, constitute legal, valid valid, and binding obligations of Borrower enforceable against Borrower in accordance with their respective termsBorrower.
Appears in 3 contracts
Samples: Business Loan Agreement (Portland Brewing Co /Or/), Business Loan Agreement (Portland Brewing Co /Or/), Business Loan Agreement (Portland Brewing Co /Or/)
Financial Information. Each financial statement of Borrower supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, statement and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will constitute, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 2 contracts
Samples: Loan Agreement (Pacific Aerospace & Electronics Inc), Loan Agreement (Pacific Aerospace & Electronics Inc)
Financial Information. Each of Borrower's financial statement of Borrower statements supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument or agreement Borrower is required hereunder to be given by Borrower when delivered will constitute, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.give under this Agreement when
Appears in 2 contracts
Samples: Business Loan Agreement (Heritage Global Inc.), Business Loan Agreement (Heritage Global Inc.)
Financial Information. Each financial statement of Borrower supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument Instrument or agreement required hereunder to be given by Borrower when delivered will constitute, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 2 contracts
Samples: Business Loan Agreement (Quadrax Corp), Business Loan Agreement (Quadrax Corp)
Financial Information. Each financial statement of Borrower supplied to Lender truly and completely disclosed Borrower's Borrowers financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will constitute, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 2 contracts
Samples: Business Loan Agreement (Web Press Corp), Loan Agreement (Web Press Corp)
Financial Information. Each financial statement of Borrower supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will constitute, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective termsBorrower.
Appears in 2 contracts
Samples: Loan Agreement (Portland Brewing Co /Or/), Business Loan Agreement (Portland Brewing Co /Or/)
Financial Information. Each financial statement of Borrower supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will constitute, constitute legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 2 contracts
Samples: Business Loan Agreement (Medi Hut Co Inc), Loan Agreement (Ion Networks Inc)
Financial Information. Each financial statement of Borrower supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal EffectLEGAL EFFECT. This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will constitute, legal, valid and binding obligations obligation of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Samples: Business Loan Agreement (California Beach Restaurants Inc)
Financial Information. Each financial statement of Borrower supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will constitute, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.. 59
Appears in 1 contract
Samples: Business Loan Agreement (Personal Computer Products Inc)
Financial Information. Each of Borrower's financial statement of Borrower statements supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument or agreement Borrower is required hereunder to be given by Borrower give under this Agreement when delivered will constitute, legal, valid valid, and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Samples: Business Loan Agreement (Hastings Manufacturing Co)
Financial Information. Each financial statement of Borrower supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in In Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will constitute, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Samples: Revolving Line of Credit Agreement (Daw Technologies Inc /Ut)
Financial Information. Each financial statement of Borrower supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will constitute, legalLegal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Financial Information. Each financial statement of Borrower supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no not material contingent obligations except as disclosed in such financial statements. Legal EffectLEGAL EFFECT. This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will constitute, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Financial Information. Each financial statement of Borrower supplied to Lender truly and completely disclosed in all material respect Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will constitute, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Financial Information. Each financial statement of Borrower supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will constitute, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Samples: Business Loan Agreement (NPR Inc)
Financial Information. Each financial statement of Borrower supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. Effect- This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will constitute, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Financial Information. Each financial statement of Borrower supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal EffectLEGAL EFFECT. This Agreement constitutes, and any an instrument or agreement required hereunder to be given by Borrower when delivered will constitute, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Samples: Commercial Security Agreement (Aspec Technology Inc)
Financial Information. Each financial statement of Borrower supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such s financial statements. Legal EffectLEGAL EFFECT. This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will constitute, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Financial Information. Each of Borrower's financial statement of Borrower statements supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument or agreement Borrower is required hereunder to be given by Borrower give under this Agreement when delivered will constitute, constitute legal, valid valid, and binding obligations of Borrower enforceable against Borrower .Borrower in accordance with their respective terms.
Appears in 1 contract
Financial Information. Each of Borrower's financial statement of Borrower statements supplied to Lender truly and completely disclosed discloses Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument or agreement Borrower is required hereunder to be given by Borrower give under this Agreement when delivered will constitute, constitute legal, valid valid, and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Financial Information. Each of Borrower's financial statement of Borrower statements supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument or agreement Borrower is required hereunder to be given by Borrower give under this Agreement when delivered will constitute, legal, valid valid, and binding obligations of Borrower enforceable against Borrower in accordance with their respective termsterm.
Appears in 1 contract
Samples: Business Loan Agreement (Chicago Pizza & Brewery Inc)
Financial Information. Each financial statement of Borrower supplied to Lender Xxxxxx truly and completely disclosed Borrower's financial condition xxxxxxion as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will xxxl constitute, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Financial Information. Each financial statement of Borrower supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will constitute, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Financial Information. Each financial statement of Borrower supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. Effect This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will constitute, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Financial Information. Each financial statement of Borrower supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, statement and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal EffectLEGAL EFFECT. This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will constitute, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Samples: Loan Agreement (Credit Concepts Inc)
Financial Information. Each financial statement of Borrower supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's Borrowers financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will constitute, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Financial Information. Each financial Financial statement of Borrower supplied to Lender truly and completely Lender(E) disclosed Borrower's financial condition as of the date of the statement, statement (F) and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will constitute, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective termsterms(G).
Appears in 1 contract
Financial Information. Each of Borrower’s financial statement of Borrower statements supplied to Lender truly and completely disclosed Borrower's ’s financial condition as of the date of the statement, and there has been no material adverse change in Borrower's ’s financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statementsstatement. Legal Effect. This Agreement constitutes, and any instrument or agreement Borrower is required hereunder to be given by Borrower give under this Agreement when delivered will constitute, constitute legal, valid valid, and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Samples: Business Loan Agreement (Medalist Diversified REIT, Inc.)
Financial Information. Each of Borrower's financial statement of Borrower statements supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to LenderXxxxxx. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument or agreement Borrower is required hereunder to be given by Borrower give under this Agreement when delivered will constitute, constitute legal, valid valid, and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Samples: Business Loan Agreement (Tandy Leather Factory Inc)
Financial Information. Each financial statement of Borrower supplied to Lender truly and completely disclosed Borrower's financial condition conditions as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will constitute, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Financial Information. Each of Borrower's financial statement of Borrower statements supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Lender Borrower has no material contingent obligations except as disclosed in such financial statements. Legal EffectLEGAL EFFECT. This Agreement constitutes, and any instrument or agreement Borrower is required hereunder to be given by Borrower give under this Agreement when delivered will constitute, legal, constitute legal valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Samples: Business Loan Agreement (Ironclad Performance Wear Corp)
Financial Information. Each financial statement of Borrower supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal EffectLEGAL EFFECT. This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will constitute, legal, valid and binding obligations of Borrower enforceable against Borrower borrower in accordance with their respective terms.
Appears in 1 contract
Financial Information. Each financial statement of Borrower supplied to Lender lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal EffectLEGAL EFFECT. This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will constitute, constitute legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Financial Information. Each of Borrower's financial statement of Borrower statements supplied to Lender lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lenderlender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal legal Effect. This Agreement constitutes, and any instrument or OJ agreement Borrower is required hereunder to be given by Borrower give under this Agreement when delivered will constitute, constitute legal, valid valid, and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Samples: Lease
Financial Information. Each financial statement of Borrower supplied to Lender truly and completely disclosed Borrower's Borrowers financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal EffectLEGAL EFFECT. This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will constitute, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Financial Information. Each of Borrower's financial statement of Borrower statements supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument or agreement Borrower is required hereunder to be given by Borrower give under this Agreement when delivered will constitute, constitute legal, valid valid. and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Financial Information. Each financial statement of Borrower supplied to Lender truly and completely disclosed Borrower's Borrowers financial condition as of the date of the statement, and there has been no material adverse change in Borrower's Borrowers financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal EffectLEGAL EFFECT. This Agreement constitutes, and any instrument or agreement required hereunder to be given by Borrower when delivered will constitute, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Financial Information. Each of Borrower's financial statement of Borrower statements supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect·. This Agreement constitutes, and any instrument or agreement Borrower is required hereunder to be given by Borrower give under this Agreement when delivered will constitute, constitute legal, valid valid, and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Samples: Business Loan Agreement (Asset Based) (Addvantage Technologies Group Inc)
Financial Information. Each of Borrower’s financial statement of Borrower statements supplied to Lender truly and completely disclosed Borrower's ’s financial condition as of the date of the statement, and there has been no material adverse change in Borrower's ’s financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. Effect This Agreement constitutes, and any instrument or agreement Borrower is required hereunder to be given by Borrower give under this Agreement when delivered will constitute, constitute legal, valid valid, and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Financial Information. Each of Borrower's financial statement of Borrower statements supplied to Lender truly and completely disclosed Borrower's financial condition as of the date of the statement, and there has been no material adverse change in Borrower's financial condition subsequent to So the date of the most mos recent financial statement supplied to So Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect. This Agreement constitutes, and any instrument or agreement Borrower is required hereunder to be given by Borrower give under this Agreement when delivered will constitute, constitute legal, valid valid, and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.
Appears in 1 contract
Samples: Change in Terms Agreement (Paneltech International Holdings, Inc.)