Common use of Information concerning the Obligors Clause in Contracts

Information concerning the Obligors. (a) The Security Provider represents and warrants to the Collateral Agent and the other Finance Parties that the Security Provider is affiliated with each Obligor or is otherwise in a position to have access to all relevant information bearing on the present and continuing creditworthiness of each Obligor and the risk that any Obligor will be unable to pay the Secured Liabilities when due.

Appears in 5 contracts

Samples: Security Agreement (Warp Technology Holdings Inc), Security Agreement (Warp Technology Holdings Inc), Security Agreement (Warp Technology Holdings Inc)

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Information concerning the Obligors. (a) The Each Security Provider represents and warrants to the Collateral Security Agent and the other Finance Parties that the such Security Provider is affiliated with each Obligor or is otherwise in a position to have access to all relevant information bearing on the present and continuing creditworthiness of each Obligor and the risk that any Obligor will be unable to pay the Secured Liabilities when due.

Appears in 2 contracts

Samples: Security Agreement, Security Agreement (Iridium Communications Inc.)

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Information concerning the Obligors. (a) The Each Security Provider represents and warrants to the Collateral Agent Security Trustee and the other Finance Parties that the such Security Provider is affiliated with each other Obligor or is otherwise in a position to have access to all relevant information bearing on the present and continuing creditworthiness of each other Obligor and the risk that any Obligor will be unable to pay the Secured Liabilities when due.

Appears in 1 contract

Samples: Security Agreement (Eagle Bulk Shipping Inc.)

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