Common use of Imaging Clause in Contracts

Imaging. Borrower understands and agrees that (i) Lender's document retention policy involves the imaging of executed loan documents and the destruction of the paper originals, and (ii) Borrower waives any right that it may have to claim that the imaged copies of the loan documents are not originals.

Appears in 2 contracts

Samples: Loan Agreement (Maxxam Inc), Loan Agreement (Maxxam Inc)

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Imaging. The Borrower understands and agrees that (i) the Lender's document retention policy involves the imaging of executed loan documents and the destruction of the paper originals, and (ii) the Borrower waives any right that it may have to claim that the imaged copies of this Agreement and the loan documents Collateral Documents are not originalsoriginals in any court proceedings pertaining thereto.

Appears in 1 contract

Samples: Loan Agreement (GMX Resources Inc)

Imaging. Borrower understands and agrees that (ia) Lender's ’s document retention policy involves the imaging of executed loan documents and the destruction of the paper originals, and (iib) Borrower waives any right that it may have to claim that the imaged copies of the loan documents Loan Documents are not originals.

Appears in 1 contract

Samples: Loan Agreement (Sharps Compliance Corp)

Imaging. Each Borrower understands and agrees that (i) Lender's ’s document retention policy involves the imaging of executed loan documents and the destruction of the paper originals, and (ii) each Borrower waives any right that it may have to claim that the imaged copies of the loan documents are not originals.

Appears in 1 contract

Samples: Business Loan Agreement (Fuse Medical, Inc.)

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Imaging. Borrower understands and agrees that (ia) Lender's document retention policy involves the imaging of executed loan documents and the destruction of the paper originals, and (iib) Borrower waives any right that it may have to claim that the imaged copies of the loan documents Loan Documents are not originals.

Appears in 1 contract

Samples: Loan Agreement (Sharps Compliance Corp)

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