Common use of Reaffirmations Clause in Contracts

Reaffirmations. Each request for a loan made by Borrower pursuant to this Agreement shall constitute (i) an automatic representation and warranty by Borrower to FINOVA that there does not then exist any Event of Default and (ii) a reaffirmation as of the date of said request of all of the representations and warranties of Borrower contained in this Agreement and the other Loan Documents.

Appears in 13 contracts

Samples: Loan and Security Agreement (Automotive One Parts Stores Inc), Loan and Security Agreement (Javelin Systems Inc), Loan and Security Agreement (Play Co Toys & Entertainment Corp)

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Reaffirmations. Each request for a loan made by Borrower pursuant to this -------------- Agreement shall constitute (i) an automatic representation and warranty by Borrower to FINOVA that there does not then exist any Event of Default and (ii) a reaffirmation as of the date of said request of all of the representations and warranties of Borrower contained in this Agreement and the other Loan Documents.

Appears in 2 contracts

Samples: Loan and Security Agreement (Cumetrix Data Systems Corp), Loan and Security Agreement (Avery Communications Inc)

Reaffirmations. Each request for a loan made by a Borrower pursuant to this Agreement shall constitute (i) an automatic representation and warranty by each Borrower to FINOVA that there does not then exist any Event of Default and (ii) a reaffirmation as of the date of said request of all of the representations and warranties of each Borrower contained in this Agreement and the other Loan Documents.

Appears in 2 contracts

Samples: Loan and Security Agreement (Digital Solutions Inc), Loan and Security Agreement (Digital Solutions Inc)

Reaffirmations. Each request for a loan made by Borrower pursuant to this Agreement shall constitute (i) an automatic representation and warranty by Borrower to FINOVA TEXTRON that there does not then exist any Event of Default and (ii) a reaffirmation as of the date of said request of all of the representations and warranties of Borrower contained in this Agreement and the other Loan Documents.

Appears in 2 contracts

Samples: Loan and Security Agreement (Micros to Mainframes Inc), Loan and Security Agreement (I Sector Corp)

Reaffirmations. Each request for a loan Loan made by Borrower pursuant to this Agreement shall constitute (i) an automatic representation and warranty by Borrower to FINOVA Agent and the Lenders that there does not then exist any Event of Default and (ii) a reaffirmation as of the date of said request and each Loan advance of all of the representations and warranties of Borrower contained in this Agreement and the other Loan Documents.

Appears in 2 contracts

Samples: Loan and Security Agreement (Usa Detergents Inc), Loan and Security Agreement (Usa Detergents Inc)

Reaffirmations. Each request for a loan Loan made by Borrower pursuant to this Agreement shall constitute (i) an automatic representation and warranty by Borrower to FINOVA that there does not then exist any Event of Default and (ii) a reaffirmation as of the date of said request and each Loan advance of all of the representations and warranties of Borrower contained in this Agreement and the other Loan Documents.

Appears in 2 contracts

Samples: Loan and Security Agreement (Community Medical Transport Inc), Loan and Security Agreement (Community Medical Transport Inc)

Reaffirmations. Each request for a loan made by Borrower pursuant to this Agreement shall constitute (i) an automatic representation and warranty by Borrower to FINOVA that there does not then exist any Event of Default and (ii) a reaffirmation as of the date of said request of all of the representations and warranties of Borrower contained in this Agreement and the other Loan Documents.and

Appears in 1 contract

Samples: Loan and Security Agreement (1 800 Autotow Inc)

Reaffirmations. Each request for a loan made by Borrower pursuant to this Agreement shall constitute (i) an automatic representation and warranty by Borrower to FINOVA that there does not then exist any Event of Default and (ii) a reaffirmation as of the date of said request of all that each of the representations and warranties of Borrower contained in this Agreement and the other Loan DocumentsDocuments is accurate in all material respects.

Appears in 1 contract

Samples: Loan and Security Agreement (Intellicall Inc)

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Reaffirmations. Each request for a loan made by Borrower pursuant to -------------- this Agreement shall constitute (i) an automatic representation and warranty by Borrower to FINOVA that there does not then exist any Event of Default and (ii) a reaffirmation as of the date of said request of all of the representations and warranties of Borrower contained in this Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Utilx Corp)

Reaffirmations. Each request for a loan made by Borrower pursuant to this Agreement shall constitute (i) an automatic representation and warranty by Borrower to FINOVA CB&T that there does not then exist any Event of Default and (ii) a reaffirmation as of the date of said request of all of the representations and warranties of Borrower contained in this Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Collectors Universe Inc)

Reaffirmations. Each request for a loan made by a Borrower pursuant to this Agreement shall constitute (i) an automatic representation and warranty by such Borrower to FINOVA Lender that there does not then exist any Event of Default and (ii) a reaffirmation as of the date of said request of all of the representations and warranties of such Borrower contained in this Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Core Technologies Pennsylvania Inc)

Reaffirmations. Each request for a loan made by Borrower pursuant to this Agreement shall constitute (i) an automatic representation and warranty by Borrower to FINOVA Lender that there does not then exist any Event of Default and (ii) a reaffirmation as of the date of said request of all of the representations and warranties of Borrower contained in this Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Rockford Corp)

Reaffirmations. Each request for a loan made by Borrower pursuant -------------- to this Agreement shall constitute (i) an automatic representation and warranty by Borrower to FINOVA Lender that there does not then exist any Event of Default and (ii) a reaffirmation as of the date of said request of all of the representations and warranties of Borrower contained in this Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Ameritruck Distribution Corp)

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