Common use of Imaging of Documents Clause in Contracts

Imaging of Documents. Grantor (and Xxxxxxxx, if Xxxxxxxx is not the Grantor) understands and agrees that (a) Xxxxxx’s document retention policy may involve the electronic imaging of executed Loan Documents and the destruction of the paper originals, and (b) Grantor (and Xxxxxxxx, if Borrower is not the Grantor) 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: Pledge and Security Agreement (Rush William M Rusty)

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Imaging of Documents. Grantor (and XxxxxxxxBorrower, if Xxxxxxxx Borrower is not the Grantor) understands and agrees that (a) Xxxxxx’s Lender's document retention policy may involve the electronic imaging of executed Loan Documents and the destruction of the paper originals, and (b) Grantor (and XxxxxxxxBorrower, if Borrower is not the Grantor) 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 (Micropac Industries Inc)

Imaging of Documents. Grantor (and XxxxxxxxBorrower, if Xxxxxxxx Borrower is not the Grantor) understands and agrees that (a) Xxxxxx’s Lender's document retention policy may involve the electronic imaging of executed Loan Documents and the destruction of the paper originals, and (b) Grantor (and XxxxxxxxBorrower, if Borrower is not the Grantor) waives any right that it may have to claim that the imaged copies of the Loan Documents are not originals. EXECUTED as of the date first written above.

Appears in 1 contract

Samples: Pledge and Security Agreement (State National Companies, Inc.)

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Imaging of Documents. Grantor (and XxxxxxxxBorrower, if Xxxxxxxx Borrower is not the Grantor) understands and agrees that (a) XxxxxxLender’s document retention policy may involve the electronic imaging of executed Loan Documents and the destruction of the paper originals, and (b) Grantor (and XxxxxxxxBorrower, if Borrower is not the Grantor) 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: Pledge and Security Agreement

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