Common use of Demographic Information Clause in Contracts

Demographic Information. Grantor certifies to Bank that the information contained in the Information Schedule relative to its name, address, chief executive office, places of business, jurisdiction of organization, location of the Collateral, trade names and identity of any real property to which some or all of the Collateral is affixed is true and accurate in all respects, agrees to promptly inform Bank in writing of any changes therein or any inaccuracies thereto and acknowledges (1) that Bank is relying upon the information being complete and accurate, and (2) that Bank is under no obligation to make an independent investigation with respect to the completeness and accuracy thereof and has not made an independent investigation regarding same.