Common use of Representations and Warranties Concerning Inventory Clause in Contracts

Representations and Warranties Concerning Inventory. With respect to the Inventory, Borrower represents and warrants to Lender: (1) All Inventory represented by Borrower to be Eligible Inventory for purposes of this Agreement conforms to the requirements of the definition of Eligible Inventory; (2) All Inventory values listed on schedules delivered to Lender will be true and correct, subject to immaterial variance;

Appears in 1 contract

Samples: Business Loan Agreement (Addvantage Technologies Group Inc)

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Representations and Warranties Concerning Inventory. With respect to the Inventory, Borrower represents and warrants to Lender: (1) All Inventory represented by Borrower to be Eligible Inventory for purposes of this Agreement conforms to the requirements of the definition of Eligible Inventory; (2) All Inventory values listed on schedules delivered to Lender will be true and correct, subject to immaterial variance;; (3) The value of the Inventory will be determined on a consistent accounting

Appears in 1 contract

Samples: Loan Agreement (Naco Industries Inc)

Representations and Warranties Concerning Inventory. With respect to the Inventory, Borrower represents and warrants to Lender: (1) All Al! Inventory represented by Borrower to be Eligible Inventory for purposes of this Agreement conforms to the requirements of the definition of Eligible Inventory; (2) All Inventory values listed on schedules delivered to Lender will be true and correct, subject to immaterial variance;

Appears in 1 contract

Samples: Loan Agreement (Addvantage Technologies Group Inc)

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Representations and Warranties Concerning Inventory. With respect to the Inventory, Borrower represents and warrants to Lender: Lender (1) All Inventory represented by Borrower to be Eligible Inventory for purposes of this Agreement conforms to the requirements of the definition of Eligible Inventory; , (2) All Inventory inventory values listed on schedules delivered to Lender Lander will be true and correct, subject to immaterial variance;

Appears in 1 contract

Samples: Business Loan Agreement (Keystone Consolidated Industries Inc)

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