Common use of REPRESENTATIONS RELATING TO RECEIVABLES Clause in Contracts

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.

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.

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.

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.

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.