REPRESENTATIONS RELATING TO RECEIVABLES. Borrower represents and warrants to Greyrock as follows: Each Receivable with respect to which Loans are requested by Borrower shall, on the date each Loan is requested and made, represent an undisputed, bona fide, existing, unconditional obligation of the Account Debtor created by the sale, delivery, and acceptance of goods or the rendition of services, in the ordinary course of Borrower's business.
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Samples: Security Agreement (Pilot Network Services Inc), And Security Agreement (Software Technologies Corp/), And Security Agreement (Software Technologies Corp/)
REPRESENTATIONS RELATING TO RECEIVABLES. Borrower represents and warrants to Greyrock as follows: Each Receivable with respect to which Loans are requested by Borrower shall, on the date each Loan is requested and made, (i) represent an undisputed, bona fide, existing, unconditional obligation of the Account Debtor created by the sale, delivery, and acceptance of goods or the rendition of services, in the ordinary course of Borrower's business, and (ii) meet the Minimum Eligibility Requirements set forth in Section 8 below.
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REPRESENTATIONS RELATING TO RECEIVABLES. Borrower represents and warrants to Greyrock as follows: Each Eligible Receivable with respect to which Loans are requested by Borrower shall, on the date each Loan is requested and made, represent an undisputed, bona fide, existing, unconditional obligation of the Account Debtor on such Receivable created by the sale, delivery, and acceptance of goods or the rendition of services, in the ordinary course of Borrower's business.
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Samples: P Com Inc
REPRESENTATIONS RELATING TO RECEIVABLES. Borrower represents and warrants to Greyrock as follows: Each Receivable with respect to which Loans are requested by Borrower shall, on the date each Loan is requested and made, represent an undisputed, bona fide, existing, unconditional obligation of the Account Debtor created by the sale, delivery, and acceptance of goods or the rendition of services, in the ordinary course of Borrower's businessbusiness and meet the Minimum Eligibility Requirements set forth in Section 8 below.
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Samples: Loan and Security Agreement (Digital Microwave Corp /De/)
REPRESENTATIONS RELATING TO RECEIVABLES. Borrower represents and warrants to Greyrock as follows: Each Receivable with respect to which Loans are requested by Borrower shall, on the date each Loan is requested and made, represent an undisputed, bona fide, Greyrock Capital Loan and Security Agreement -------------------------------------------------------------------------------- existing, unconditional obligation of the Account Debtor created by the sale, delivery, and acceptance of goods or the rendition of services, in the ordinary course of Borrower's business.
Appears in 1 contract
Samples: Loan and Security Agreement (Greenfield Online Inc)