Genuineness. Borrower represents and warrants to Lender that each, every and all of the Collateral is genuine and what it purports to be; that all signatures on any and all Collateral are genuine; that any and all contracts and agreements constituting Collateral are enforceable according to their terms and free of any defenses, set-offs and counter-claims or other demands; that Borrower and its officers, agents and employees will assist Lender with regard to any claim or defense pertaining to the Collateral, including appearing as witnesses in any litigation.
Appears in 2 contracts
Sources: Business Loan Agreement, Business Loan Agreement (Basin Water, Inc.)