Common use of XXXXXXXX'S REPRESENTATIONS, WARRANTIES, COVENANTS Clause in Contracts

XXXXXXXX'S REPRESENTATIONS, WARRANTIES, COVENANTS. AND UNDERTAKINGS With a view to induce ABFL to grant the Facility/Loan to him/her, the Borrower, hereby represents/warrants to/ covenants/ undertakes with ABFL that he/she- (i) Has given complete and correct information and details in the application form about himself/herself. (ii) ABFL's associates, the Partner, agencies, Credit Information Companies and/or any other agency so authorized may use, process the said information and data disclosed to ABFL in the manner as deemed fit by them. (iii) has no pending claims, demands, litigation or proceedings against him/her before any court or authority (public or private); (iv) shall ensure that the purpose for the Loan is advanced by ABFL is fulfilled in all respects and produced to ABFL, the necessary documents, as may be required by ABFL; (v) shall in addition to the income/ financial statement/s required by ABFL furnish such other information/ documents concerning his/her employment, trade, business, profession or otherwise as ABFL may require from time to time; (vi) shall promptly and without requiring any notice or reminder from ABFL, repay the Facility in accordance with the terms mentioned herein (vii) shall (in case of more than one borrower) be jointly and severally liable to repay the Facility, interest and all other sums due and payable under this Standard Terms and to observe its terms and conditions; (viii) where applicable, shall inform ABFL of any likely change in his/her employment; (ix) shall not stand surety or guarantor for any third party liability or obligation;

Appears in 12 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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