Common use of Representations by Banks Clause in Contracts

Representations by Banks. Each Bank hereby represents that it ------------------------ will make each Loan hereunder in the ordinary course of its business and not with a view to engage in any distribution of any evidence of indebtedness to the public; provided, however, disposition of any evidence of indebtedness held by -------- ------- such Bank shall at all times be within its exclusive control subject only to the provisions of Section 11.11 hereof and Section 10 of Exhibit B.

Appears in 2 contracts

Sources: Credit Agreement (Hughes Electronics Corp), Credit Agreement (Hughes Electronics Corp)

Representations by Banks. Each Bank hereby represents that it will ------------------------ will make each Loan hereunder in the ordinary course of its business and not with a view to engage in any distribution of any evidence of indebtedness to the public; provided, however, disposition of any evidence of indebtedness held by -------- ------- such Bank shall at all times be within its exclusive control subject only to the provisions of Section 11.11 hereof and Section 10 of Exhibit B..

Appears in 1 contract

Sources: Revolving Credit Agreement (Hughes Electronics Corp)