Common use of Account Warranties Clause in Contracts

Account Warranties. Debtor warrants and represents that (i) Secured Party may, in determining which Accounts listed on any Borrowing Base Report are Eligible Accounts, rely without independent investigation on all statements or representations made by it on or with respect to any such Borrowing Base Report and, (ii) unless otherwise indicated in writing by Debtor (in which case such Account shall not be considered an Eligible Account), each of the criteria set forth in the definition of “Eligible Account” has been met with respect to each Account included as an Eligible Account on any Borrowing Base Report.

Account Warranties. Debtor warrants and represents that (ia) Secured Party may, in determining which Accounts listed on any Borrowing Base Report are Eligible Accounts, rely without independent investigation on all statements or representations made by it Debtor on or with respect to any such Borrowing Base Report and, (iib) unless otherwise indicated in writing by Debtor (in which case such Account shall not be considered an Eligible Account), each of the criteria set forth in the definition of “Eligible AccountAccounts” has been met with respect to each Account included as an Eligible Account on any Borrowing Base Report.

Account Warranties. Such Debtor warrants and represents that (ia) Secured Party may, in determining which Accounts listed on any Borrowing Base Report borrowing base report are Eligible AccountsAccounts Receivable, rely without independent investigation on all statements or representations made by it such Debtor on or with respect to any such Borrowing Base Report borrowing base report and, (iib) unless otherwise indicated in writing by such Debtor (in which case such Account shall not be considered an Eligible AccountAccount Receivable), each of the criteria set forth in the definition of “Eligible AccountAccount Receivable” has been met with respect to each Account included as an Eligible Account Receivable on any Borrowing Base Reportborrowing base report.

Account Warranties. Each Debtor warrants and represents that (i) Secured Party may, in determining which Accounts listed on any Borrowing Base Report borrowing base report are Eligible Accounts, rely without independent investigation on all statements or representations made by it on or with respect to any such Borrowing Base Report borrowing base report and, (ii) unless otherwise indicated in writing by Debtor the Debtors (in which case such Account shall not be considered an Eligible Account), each of the criteria set forth in the definition of “"Eligible Account” " has been met with respect to each Account included as an Eligible Account on any Borrowing Base Reportborrowing base report.