Common use of Document Imaging Clause in Contracts

Document Imaging. Each of Lenders and Agent shall be entitled, in its sole discretion, to image or make copies of all or any selection of the agreements, instruments, documents, and items and records governing, arising from or relating to any of Pledgor's loans, including, without limitation, this Agreement and any documents and agreements executed in connection with this Agreement, and Lenders and Agent may destroy or archive the paper originals. The parties hereto (i) waive any right to insist or require that Lender produce paper originals, (ii) agree that such images shall be accorded the same force and effect as the paper originals, (iii) agree that Lenders and Agent are entitled to use such images in lieu of destroyed or archived originals for any purpose, including as admissible evidence in any demand, presentment or other proceedings, and (iv) further agree that any executed facsimile (faxed), scanned, or other imaged copy of this Agreement or any documents and agreements executed in connection with this Agreement shall be deemed to be of the same force and effect as the original manually executed document.

Appears in 1 contract

Samples: Pledge Agreement (Owens Realty Mortgage, Inc.)

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Document Imaging. Each of Agent and Lenders and Agent shall be entitled, in its their sole discretion, to image or make copies of all or any selection of the agreements, instruments, documents, and items and records governing, arising from or relating to any of PledgorBorrower's loans, including, without limitation, this Agreement and any documents and agreements executed in connection with this Agreementthe other Loan Documents, and Agent and Lenders and Agent may destroy or archive the paper originals. The parties hereto (ia) waive any right to insist or require that Agent or any Lender produce paper originals, (iib) agree that such images shall be accorded the same force and effect as the paper originals, (iiic) agree that Agent and Lenders and Agent are entitled to use such images in lieu of destroyed or archived originals for any purpose, including as admissible evidence in any demand, presentment or other proceedings, and (ivd) further agree that any executed facsimile (faxed), scanned, or other imaged copy of this Agreement document or any documents and agreements executed in connection with this Agreement Loan Document shall be deemed to be of the same force and effect as the original manually executed document.

Appears in 1 contract

Samples: Credit Agreement (Insperity, Inc.)

Document Imaging. Each of Agent and Lenders and Agent shall be entitled, in its their sole discretion, to image or make copies of all or any selection of the agreements, instruments, documents, and items and records governing, arising from or relating to any of Pledgor's Borrower’s loans, including, without limitation, this Agreement and any documents and agreements executed in connection with this Agreementthe other Loan Documents, and Agent and Lenders and Agent may destroy or archive the paper originals. The parties hereto (ia) waive any right to insist or require that Agent or any Lender produce paper originals, (iib) agree that such images shall be accorded the same force and effect as the paper originals, (iiic) agree that Agent and Lenders and Agent are entitled to use such images in lieu of destroyed or archived originals for any purpose, including as admissible evidence in any demand, presentment or other proceedings, and (ivd) further agree that any executed facsimile (faxed), scanned, or other imaged copy of this Agreement documentAgreement or any documents and agreements executed in connection with this Agreement other Loan Document shall be deemed to be of the same force and effect as the original manually executed document.

Appears in 1 contract

Samples: Credit Agreement (Insperity, Inc.)

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Document Imaging. Each of Agent and Lenders and Agent shall be entitled, in its their sole discretion, to image or make copies of all or any selection of the agreements, instruments, documents, and items and records governing, arising from or relating to any of PledgorBorrower's loans, including, without limitation, this Agreement Amendment and any documents and agreements executed in connection with this Agreementthe Loan Documents, and Agent and Lenders and Agent may destroy or archive the paper originals. The parties hereto (ia) waive any right to insist or require that Agent or any Lender produce paper originals, (iib) agree that such images shall be accorded the same force and effect as the paper originals, (iiic) agree that Agent and Lenders and Agent are entitled to use such images in lieu of destroyed or archived originals for any purpose, including as admissible evidence in any demand, presentment or other proceedings, and (ivd) further agree that any executed facsimile (faxed), scanned, or other imaged copy of this Agreement document or any documents and agreements executed in connection with this Agreement Loan Document shall be deemed to be of the same force and effect as the original manually executed document.

Appears in 1 contract

Samples: Credit Agreement (Insperity, Inc.)

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