Reliance by Lender; Cumulative. Each warranty, representation and agreement contained in this Agreement shall be automatically deemed repeated by Borrower with each request for an Advance and shall be conclusively presumed to have been relied on by Lender regardless of any investigation made or information possessed by Lender. The warranties, representations and agreements set forth herein shall be cumulative and in addition to any and all other warranties, representations and agreements which Borrower shall now or hereafter give, or cause to be given, to Lender.
Appears in 7 contracts
Samples: Loan and Security Agreement (Polar Power, Inc.), Loan and Security Agreement (Optical Cable Corp), Loan and Security Agreement (AMERI Holdings, Inc.)
Reliance by Lender; Cumulative. Each warranty, warranty and representation and agreement contained in this Agreement automatically shall be automatically deemed repeated by Borrower with each request for an Advance advance and shall be conclusively presumed to have been relied on upon by Lender regardless of any investigation made or information possessed by Lender. The warranties, warranties and representations and agreements set forth herein shall be cumulative and in addition to any and all other warranties, warranties and representations and agreements which Borrower shall that Borrowers now or hereafter shall give, or cause to be given, to LenderLender pursuant to the terms and conditions of this Agreement.
Appears in 2 contracts
Samples: Loan and Security Agreement (Proxim Corp), Loan and Security Agreement (Proxim Corp)
Reliance by Lender; Cumulative. Each warranty, warranty and representation and agreement contained in this Agreement automatically shall be automatically deemed repeated by Borrower with each request for an Advance in a manner consistent with Section 3.2(b) and shall be conclusively presumed to have been relied on upon by Lender regardless of any investigation made or information possessed by Lender. The warranties, warranties and representations and agreements set forth herein shall be cumulative and in addition to any and all other warranties, warranties and representations and agreements which that Borrower shall now or hereafter shall give, or cause to be given, to LenderLender pursuant to the terms and conditions of any Loan Document.
Appears in 1 contract
Reliance by Lender; Cumulative. Each warranty, warranty and representation and agreement contained in this Agreement automatically shall be automatically deemed repeated by Borrower with each request for an Advance advance and shall be conclusively presumed to have been relied on by Lender regardless of any investigation made or information possessed by Lender. The warranties, warranties and representations and agreements set forth herein shall be cumulative and in addition to any and all other warranties, warranties and representations and agreements which that Borrower shall now or hereafter shall give, or cause to be given, given to Lender.
Appears in 1 contract
Samples: Loan and Security Agreement (Voice Powered Technology International Inc)
Reliance by Lender; Cumulative. Each warranty, representation representation, and agreement contained in this Agreement shall be automatically deemed repeated by Borrower with each request for an Advance and shall be conclusively presumed to have been relied on by Lender regardless of any investigation made or information possessed by LenderXxxxxx. The warranties, representations representations, and agreements set forth herein in this Agreement shall be cumulative and in addition to any and all other warranties, representations representations, and agreements which Borrower shall now or hereafter give, or cause to be given, to Lender.
Appears in 1 contract
Samples: Business Loan Agreement