Lender’s Commitment. Lender's obligation to extend the Loans to Borrower is a valid, legal, irrevocable and binding corporate obligation which shall not be rescinded or withdrawn in the event of a change of Lender's present management or ownership.
Appears in 4 contracts
Sources: Loan Agreement (Faro Technologies Inc), Loan Agreement (Faro Technologies Inc), Loan Agreement (Faro Technologies Inc)
Lender’s Commitment. Lender's obligation to extend the Loans Loan to Borrower is a valid, legal, irrevocable and binding corporate obligation which shall not be rescinded or withdrawn in the event of a change of Lender's present management or ownership.
Appears in 2 contracts
Sources: Loan Agreement (Faro Technologies Inc), Loan Agreement (Faro Technologies Inc)