Loans and Representations Clause Samples
Loans and Representations. At the time of each Loan request, the Borrower, unless otherwise disclosed to the Lender in writing, shall be deemed to represent and warrant to the Lender, as an inducement to having the Lender make the requested Loan, that as of the date of such Loan request (a) all representations and warranties contained in this Agreement are true and correct in all respects, and (b) no Default or Event of Default exists.
Loans and Representations. As of the date of each Advance Request, the Borrower, unless otherwise disclosed to the Lender in writing, shall be deemed to represent and warrant to the Lender, as an inducement to having the Lender make the requested Loan, that as of the date of such Loan request (a) the representations and warranties contained in Sections 8.1, 8.4, 8.7, 8.15 and 8.17 of this Agreement are true and correct in all material respects, (b) the requirements of Section 7.2.2 have been complied with and (c) the Lender will have a first CREDIT AGREEMENT - Page 27 priority security interest and lien on the Collateral covered by the invoice or ▇▇▇▇ of sale (or similar document), if any, to which the Loan request relates.
Loans and Representations. As of the date of each Advance Request, each Borrower, unless otherwise disclosed to the Lender in writing, shall be deemed to represent and warrant to the Lender, as an inducement to having the Lender make the requested Loan, that as of the date of such Loan request (a) the representations and warranties contained in Sections 7.1, 7.4, 7.7, 7.15 and 7.17 of this Agreement are true and correct in all material respects, (b) the requirements of Section 6.