Survival and Non-Merger. All representations, warranties, covenants and agreements made in this Agreement or otherwise in writing in connection with this Agreement by the Borrower and the Guarantor, as the case may be, shall remain binding on each of the Borrower and the Guarantor notwithstanding the advance of the Loan. The covenant of the Borrower to pay interest at the rate provided herein shall not merge in any judgment in respect of any obligation of the Borrower under this Agreement, and any judgment shall bear interest at the same rate.
Appears in 2 contracts
Samples: Loan Agreement (World Heart Corp), Loan Agreement (World Heart Corp)
Survival and Non-Merger. All representations, warranties, covenants and agreements made in this Agreement or otherwise in writing in connection with this Agreement by the Borrower and the Guarantor, as the case may be, shall remain binding on each of the Borrower and the Guarantor notwithstanding the advance of the Loan. The covenant of the Borrower to pay interest at the rate provided herein shall not merge in any judgment in respect of any obligation of the Borrower under this Agreement, Agreement and any judgment shall bear interest at the same rate.
Appears in 1 contract
Survival and Non-Merger. All representations, warranties, covenants and agreements made in this Agreement or otherwise in writing in connection with this Agreement by the Borrower and the Guarantor, as the case may be, shall remain binding on each of the Borrower and the Guarantor them notwithstanding the advance of the Loan. The covenant of the Borrower to pay interest at the rate provided herein shall not merge in any judgment in respect of any obligation of the Borrower under this Agreement, Agreement and any judgment shall bear interest at the same rate.
Appears in 1 contract
Samples: Loan Agreement (Acorn Energy, Inc.)