Common use of Representation of Lenders Clause in Contracts

Representation of Lenders. Each Lender hereby represents that it will make each Loan hereunder as a commercial loan for its own account in the ordinary course of its business; PROVIDED, HOWEVER, that subject to SECTION 12.1 hereof, the disposition of the Notes or other evidence of the Secured Obligations held by any Lender shall at all times be within its exclusive control.

Appears in 3 contracts

Samples: Loan and Security Agreement (Burke Industries Inc /Ca/), Loan and Security Agreement (Burke Industries Inc /Ca/), Loan and Security Agreement (Nabi /De/)

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Representation of Lenders. Each Lender hereby represents that it will make each Loan hereunder as a commercial loan for its own account in the ordinary course of its business; PROVIDED, HOWEVER, that subject to SECTION 12.1 14.1 hereof, the disposition of the Notes or other evidence of the Secured Obligations held by any Lender shall at all times be within its exclusive control.

Appears in 3 contracts

Samples: Loan and Security Agreement (Russell Corp), Loan and Security Agreement (Ridgeview Inc), Loan and Security Agreement (Supreme International Corp)

Representation of Lenders. Each Lender hereby represents that it will make each Loan hereunder as a commercial loan for its own account in the ordinary course of its business; PROVIDEDprovided, HOWEVER, that that, subject to SECTION 12.1 hereofsubsection 10.2, the disposition of the Notes or other evidence evidences of the Secured Obligations Indebtedness held by any that Lender shall at all times be within its exclusive control.

Appears in 1 contract

Samples: Secured Credit Agreement (Owens Illinois Inc /De/)

Representation of Lenders. Each Lender hereby represents that it will make each Loan hereunder as a commercial loan for its own account in the ordinary course of its business; PROVIDED, HOWEVER, that subject to SECTION 12.1 hereof, the disposition of the Notes or other evidence of the Secured Obligations held by any Lender shall at all times be within its exclusive control.

Appears in 1 contract

Samples: Loan and Security Agreement (Galileo Corp)

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Representation of Lenders. Each Lender hereby represents that it will make each Loan hereunder as a commercial loan for its own account in the ordinary course of its business; PROVIDED, HOWEVERhowever, that subject to SECTION 12.1 13.1 hereof, the disposition of the Notes or other evidence of the Secured Obligations held by any Lender shall at all times be within its exclusive control.

Appears in 1 contract

Samples: Loan and Security Agreement (Kellstrom Industries Inc)

Representation of Lenders. Each Lender hereby represents that it will make each Loan hereunder as a commercial loan for its own account in the ordinary course of its business; PROVIDED, HOWEVER, that subject to SECTION 12.1 hereof15.1, the disposition of the Notes or other evidence of the Secured Obligations held by any Lender shall at all times be within its exclusive control.

Appears in 1 contract

Samples: Loan and Security Agreement (Compusa Inc)

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