1Loan Documents Clause Samples
The 'Loan Documents' clause defines the set of agreements, instruments, and certificates that collectively govern the terms and administration of a loan transaction. This clause typically lists or references all documents that are considered part of the loan arrangement, such as the loan agreement itself, promissory notes, security agreements, and any related guarantees or collateral documents. By clearly identifying which documents are included, the clause ensures that all parties understand the full scope of their rights and obligations, thereby reducing ambiguity and potential disputes over which documents are enforceable or relevant to the loan.
1Loan Documents. Notwithstanding any provision contained herein to the contrary, Lender shall have no obligation to advance any sums under this Agreement or any of the Loan Documents unless and until Lender shall have first received the following, each of which must be in form and substance and executed and delivered in a manner acceptable to Lender:
(a) This Agreement.
(b) The Notes.
(c) A Security Agreement granting to Lender a first in priority Lien on the Collateral.
1Loan Documents. The Loan Parties agree and confirm that the Loan Documents are legal, valid, binding and enforceable against the Loan Parties in accordance with their terms and that except as expressly provided in the May Forbearance Agreement and by this Agreement, the terms of the Loan Documents remain unchanged.
1Loan Documents. The Note, this Agreement and any other Loan Documents shall have been duly executed by the Borrower and delivered to the Bank and the Guaranty has been executed and delivered by the Guarantor to the Bank.
1Loan Documents. The Loan Documents are legal, valid, binding and enforceable against the Loan Parties in accordance with their terms. Except as expressly provided herein, the terms of the Loan Documents remain unchanged.