COVENANTS, WARRANTIES AND REPRESENTATIONS OF BORROWER Clause Samples
This clause sets out the promises, assurances, and factual statements made by the borrower to the lender in a loan agreement. It typically includes commitments by the borrower to perform certain actions (such as maintaining insurance or complying with laws), as well as guarantees about the accuracy of information provided and the borrower's legal standing. By clearly outlining these obligations and assurances, the clause helps protect the lender by ensuring the borrower meets specific standards and provides recourse if the borrower's statements prove false or if covenants are breached.
COVENANTS, WARRANTIES AND REPRESENTATIONS OF BORROWER. Borrower covenants, warrants, represents and agrees as follows:
COVENANTS, WARRANTIES AND REPRESENTATIONS OF BORROWER. Borrower covenants, warrants, represents and agrees with and to Trustee and Lender as follows:
COVENANTS, WARRANTIES AND REPRESENTATIONS OF BORROWER