Provisions Concerning Accounts. (a) Borrower represents and warrants that each Account reflected in Borrower's books and records and on each Collateral Report submitted to Bank is, or at the time it arises will be owned by Borrower free and clear of all Liens in favor of any third party, will be a bona fide existing obligation created by the final sale and delivery goods or the completed performance of services by Borrower in the ordinary course of its business, will be for a liquidated amount maturing as stated in the supporting data covering such transaction, and will not be subject to any known deduction, offset, counterclaim, return privilege or other condition, except as reflected on Borrower's books and records and on all Collateral Reports delivered to Bank. Borrower will not redate any invoices. Any allowances between Borrower and its customers will be in accordance with the usual customary practices of Borrower, as they exist at this time.
Provisions Concerning Accounts. .. 12 Section 5.1. Office and Records of Borrower .......................... 12 Section 5.2. Representations ......................................... 12 i
Provisions Concerning Accounts. (a) Each Borrower represents and ------------------------------- warrants that each Account reflected in its books and records submitted to Bank is, or will at the time it arises be, owned by such Borrower free and clear of all Liens in favor of any third party, will be a bona fide existing obligation created by the final sale and delivery of goods or the completed performance of services by such Borrower in the ordinary course of its business, will be for a liquidated amount maturing as stated in the supporting data covering such transaction, and will not be subject to any known deduction, offset, counterclaim, return privilege or other condition except as reflected on Borrowers' books and records delivered to Bank. No Borrower shall re-date any invoices. Any allowances between a Borrower and its customers will be in accordance with the usual customary practices of such Borrower, as they exist on the date of this Agreement.
Provisions Concerning Accounts. 25 6.4. Liens.............................................................................................. 26 6.5. Further Assurances................................................................................. 26
Provisions Concerning Accounts. Borrower represents and warrants that except as otherwise disclosed herein, each Account is reflected in its books and records is, or will at the time it arises be, owned by the Borrower free and clear of all Liens in favor of any third party, will be a bona fide existing obligation created by the final sale and delivery of goods or the completed performance of services by the Borrower in the ordinary course of its business, will be for a liquidated amount maturing as stated in the supporting data covering such transaction, and will not be subject to any known deduction, offset, counterclaim, return privilege or other condition, except as reflected on the Borrower's books and records.
Provisions Concerning Accounts. Section 3.1 Office and Records of Debtor. Debtor's chief executive office is located at: 0000 Xxxxx Xxxxxx, Horizon Terrace, Xxxxx Xxxxx, Xxxxxx, Xxxxxxxx 00000. Debtor maintains all of its records with respect to its Accounts in Colorado. Debtor shall not maintain its chief executive office or its records with respect to its Accounts at any other location except after thirty (30) days prior written notice to the Agent.
Provisions Concerning Accounts. 13 SECTION 5.1.
Provisions Concerning Accounts. (a) Borrower represents and warrants to Bank that each Account reflected in Borrower's books and records is, or will at the time it arises be, owned by Borrower free and clear of all Liens in favor of any third party, will be a bona fide existing obligation created by the final sale and delivery of goods or the completed performance of services by Borrower in the ordinary course of its business, will be for a liquidated amount maturing as stated in the supporting data covering such transaction, and to Borrower's knowledge will not be subject to any deduction, offset, counterclaim, return privilege or other condition, except as reflected on Borrower's books and records. Borrower shall not redate any invoices. Any allowances between Borrower and its customers will be in accordance with the usual customary practices of Borrower.
Provisions Concerning Accounts. The Company represents and warrants that each Account reflected in its books and records is, or will at the time it arises be, owned by the Company free and clear of all Liens in favor of any third party, will be a bona fide existing obligation created by the final sale and delivery of goods or the completed performance of services by the Company in the ordinary course of its business, will be for a liquidated amount maturing as stated in the supporting data covering such transaction, and will not be subject to any known deduction, offset, counterclaim, return privilege or other condition, except as reflected on the Company's books and records.
Provisions Concerning Accounts. Section 5.1. Office and Records of Borrower Borrower's chief executive offices are located at: 000 Xxx Xxxxx Xxxxxx Xx., Xxx 000, Xxxxx XX 19087 Borrower maintains all of its records with respect to Accounts at 000 Xxx Xxxxx Xxxxxx Xx., Xxx 000, Xxxxx XX 00000. Borrower has not at any time within the past four (4) months maintained their chief executive office or their records with respect to Accounts at any other location and shall not do so hereafter except with the prior wrItten consent of Lender.
