Common use of Each Loan Clause in Contracts

Each Loan. (i) represents the valid and legally binding obligation of the obligor, maker, co-maker, guarantor, endorser or debtor (such person referred to as an “Obligor”) thereunder, and is evidenced by legal, valid and binding instruments executed by the Obligor. Seller has no knowledge that any such Obligor at the time of such execution lacked capacity to contract, and any signature on any Loan Documents is the true original or facsimile signature of the Obligor on the Loan involved;

Each Loan. (i) represents the valid and legally binding obligation of the obligor, maker, co-maker, guarantor, endorser or debtor (such person referred to as an “Obligor”) thereunder, and is evidenced by legal, valid and binding instruments executed by the Obligor. Seller has To Seller’s knowledge, no knowledge that any such Obligor at the time of such execution lacked capacity under applicable laws to contract, contract and any no signature on any Loan Documents is not the true original or facsimile signature of the Obligor on the Loan involved;

Each Loan. (i) represents the valid and legally binding obligation of the obligor, maker, co-maker, guarantor, endorser or debtor (such person referred to as an “Obligor”) thereunder, and is evidenced by legal, valid and binding instruments executed by the Obligor. Seller has no knowledge that any such To Seller’s Knowledge, each Obligor at the time of such execution lacked did not lack capacity to contract, and any signature on any Loan Documents is the true original or facsimile signature of the Obligor on the Loan involved;

Each Loan. (i) represents the valid and legally binding obligation of the obligor, maker, co-maker, guarantor, endorser or debtor (such person referred to as an “"Obligor”") thereunder, and is evidenced by legal, valid and binding instruments executed by the Obligor. Seller has no knowledge that any such Obligor at the time of such execution lacked capacity under applicable law to contract, and contract or that any signature on any of the Loan Documents is not the true original or facsimile signature of the Obligor on the Loan involved;

Each Loan. (i) represents the valid and legally binding obligation of the obligor, maker, co-maker, guarantor, endorser or debtor (such person referred to as an “Obligor”) thereunder, and is evidenced by legal, valid and binding instruments executed by the Obligor. Seller has no knowledge that any such Obligor , each of which at the time of such execution lacked had capacity to contract, and any signature on any Loan Documents is the true original or facsimile signature of the Obligor on the Loan involved;