Common use of Inducement to Lender Clause in Contracts

Inducement to Lender. The representations and warranties contained in this Loan Agreement and the other Loan Documents (i) are made to induce Lender to make the Loan and extend any other credit to or for the account of Borrower pursuant hereto, and Lender is relying thereon and will continue to rely thereon, and (ii) shall survive the execution and delivery of this Loan Agreement and any bankruptcy proceedings involving Borrower, or any Property, foreclosure, or conveyance in lieu of foreclosure.

Appears in 2 contracts

Samples: Loan Agreement (ExchangeRight Income Fund), Loan Agreement (ExchangeRight Income Fund)

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Inducement to Lender. The representations and warranties contained in this Loan Agreement and the other Loan Documents (ia) are made to induce Lender to make the Loan and extend any other credit to or for the account of the Borrower pursuant hereto, and Lender is relying thereon thereon, and will continue to rely thereon, and (iib) shall survive the execution and delivery of this Loan Agreement and any bankruptcy proceedings involving Borrower, Guarantor or any the Property, foreclosure, or conveyance in lieu of foreclosure.

Appears in 2 contracts

Samples: Construction Loan Agreement (Interline Resources Corp), Construction Loan Agreement (Pharmaceutical Product Development Inc)

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