Common use of Imaging of Documents Clause in Contracts

Imaging of Documents. Borrower understands and agrees that (a) Lender’s document retention policy may involve the electronic imaging of executed Loan Documents and the destruction of the paper originals, and (b) Borrower waives any right that it may have to claim that the imaged copies of the Loan Documents are not originals.

Appears in 6 contracts

Samples: Loan Agreement, Loan Agreement (Del Frisco's Restaurant Group, Inc.), Loan Agreement (American Electric Technologies Inc)

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Imaging of Documents. Borrower understands and agrees that (a) Lender’s 's document retention policy may involve the electronic imaging of executed Loan Documents and the destruction of the paper originals, and (b) Borrower waives any right that it may have to claim that the imaged copies of the Loan Documents are not originals.

Appears in 3 contracts

Samples: Loan Agreement (State National Companies, Inc.), Loan Agreement (Internet America Inc), Security Agreement (Micropac Industries Inc)

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Imaging of Documents. Borrower understands and agrees that that: (a) LenderBank’s document retention policy may involve the electronic imaging of executed Loan Documents and the destruction of the paper originals, ; and (b) Borrower waives any right that it may have to claim that the imaged copies of the Loan Documents are not originals.

Appears in 1 contract

Samples: Loan Agreement (Applied Blockchain, Inc.)

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