Common use of Warranties of Merchant Clause in Contracts

Warranties of Merchant. Merchant represents and warrants to Bank and Company at the time of execution and during the term of this Agreement the following: (a) All information contained in the Merchant Application or any other documents delivered to Bank or Company is true and complete and properly reflects Merchant’s business, financial condition, and principal partners, owners, or officers.

Warranties of Merchant. Merchant represents and warrants to Bank and Company at the time of execution and during the term of this Agreement the following: (a) All information contained in the Merchant Application or any other documents delivered to Bank or Company in connection herewith and therewith is true and complete and properly reflects Merchant’s business, financial condition, and principal partners, owners, owners or officers. (b) Merchant is a Corporation, Limited Liability Company, Partnership, Sole Proprietorship or other legitimate and legally organized organization validly existing and organized in the United States.