Common use of Guarantor’s Representations and Warranties Clause in Contracts

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

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Alanco Technologies Inc), Loan Agreement (Alanco Technologies Inc)

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Guarantor’s Representations and Warranties. Guarantor represents and warrants to Lender that (a) no representations representation or agreements of any kind have been made to Guarantor which would limit or qualify in any way the terms of this Guaranty; (b) this Guaranty is executed at Borrower's request and not at the request of Lender; (c) Lender has made no representation to Guarantor as to the creditworthiness of Borrower; (c) if Guarantor is no longer required to make its financial statements publicly available, upon Lender's request (which shall not be made more than once each calendar quarter), Guarantor will provide to Lender copies of Guarantor’s financial statements; and (d) Guarantor has established adequate means of obtaining from Borrower on a continuing basis information regarding Borrower's financial condition. Guarantor agrees to keep adequately informed from such means of any facts, events, or circumstances which might in any way affect Guarantor's risks under this Guaranty, and Guarantor further agrees that, absent a request for information, Lender shall have no obligation to disclose to Guarantor any information or documents acquired by Lender in the course of its relationship with Borrower.

Appears in 1 contract

Samples: Asset Purchase Agreement (Nevada Gold & Casinos Inc)

Guarantor’s Representations and Warranties. Guarantor represents and warrants to Lender that (a) no representations or agreements of any kind have been made to Guarantor which by Bank that would limit or qualify in any way the terms of this Guaranty; (b) until the Indebtedness is repaid in full, on and after the date of this Guaranty is executed at BorrowerGuarantor will not, without the prior written consent of Bank, sell, lease, assign, encumber, hypothecate, transfer, or otherwise dispose of all or substantially all of Guarantor's request and not at the request of Lenderassets; (c) Lender has made no representation Guarantor will provide to Bank such financial and credit information as may be requested by Bank, and such financial information provided will be true and correct in all material respects and will fairly present the financial condition of Guarantor as to of the creditworthiness of Borrowerdates thereof; and (d) Guarantor has established adequate means of obtaining from Borrower on a continuing basis information regarding Borrower's financial condition. Guarantor agrees to keep adequately informed from such means of any facts, events, or circumstances which that might in any way affect Guarantor's risks under this Guaranty, and Guarantor further agrees that, absent a request for information, Lender that Bank shall have no obligation to disclose to Guarantor any information or documents acquired by Lender Bank in the course of its relationship with Borrower.

Appears in 1 contract

Samples: Williams Controls Inc

Guarantor’s Representations and Warranties. Guarantor warrants and represents and warrants to Lender that Lessor that: (a) no representations or agreements of any kind have been made to Guarantor which would limit or qualify in any way the terms of this Guaranty; (b) this Guaranty is executed at BorrowerLessee's request and not at the request of LenderLessor; (c) Lender Lessor has made no representation to Guarantor the undersigned as to the creditworthiness credit-worthiness of BorrowerLessee; and (d) Guarantor has established adequate means of obtaining from Borrower Lessee on a continuing basis information regarding BorrowerLessee's financial condition. Guarantor agrees to keep adequately informed from such means of any facts, events, or circumstances which might in any way affect Guarantor's risks under this Guaranty, and Guarantor further agrees that, absent a request for information, Lender Lessor shall have no obligation to disclose to Guarantor any information or documents acquired by Lender Lessor in the course of its relationship with BorrowerLessee.

Appears in 1 contract

Samples: Lease Guaranty (Adcare Health Systems, Inc)

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

Appears in 1 contract

Samples: Sportsline Usa Inc

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