REPRESENTATIONS RELATING TO RECEIVABLES. Borrower represents and warrants to Silicon as follows: Each Receivable with respect to which Loans are requested by Borrower shall, on the date each Loan is requested and made, (i) represent an undisputed bona fide existing unconditional obligation of the Account Debtor created by the sale, delivery, and acceptance of goods or the rendition of services in the ordinary course of Borrower's business, and (ii) meet the Minimum Eligibility Requirements set forth in Section 8 below.
REPRESENTATIONS RELATING TO RECEIVABLES. Borrower represents and warrants to Coast as follows: Each Receivable with respect to which Loans are requested by Borrower shall, on the date each Loan is requested and made, represent an undisputed bona fide existing unconditional obligation of the Account Debtor created by the sale, delivery and acceptance of goods or the rendition of services in the ordinary course of Borrower's business.
REPRESENTATIONS RELATING TO RECEIVABLES. Borrower represents and warrants to GBC as follows: Each Receivable with respect to which Loans are requested by Borrower shall, on the date each Loan is requested and made, represent an undisputed, bona fide, existing, unconditional obligation of the Account Debtor created by the sale, delivery, and acceptance of goods or the rendition of services, in the ordinary course of Borrower's business.
REPRESENTATIONS RELATING TO RECEIVABLES. Borrower represents and warrants to Silicon as follows: In all material respects, each Receivable with respect to which Loans are requested by Borrower shall, on the date each Loan is requested and made, (i) represent an undisputed bona fide existing unconditional obligation of the Account Debtor created by the sale, delivery, and acceptance of goods or the rendition of services in the ordinary course of Borrower's business, and (ii) meet the Minimum Eligibility Requirements set forth in Section 8 below.
REPRESENTATIONS RELATING TO RECEIVABLES. Borrower represents and warrants to Greyrock as follows: Each Receivable with respect to which Loans are requested by Borrower shall, on the date each Loan is requested and made, represent an undisputed, bona fide, existing, unconditional obligation of the Account Debtor created by the sale, delivery, and acceptance of goods or the rendition of services, in the ordinary course of Borrower's business.
REPRESENTATIONS RELATING TO RECEIVABLES. Borrower and each Related Company represents and warrants to GC that each Receivable with respect to which Loans are requested by Borrower shall, on the date each Loan is requested and made, represent an undisputed, bona fide, existing, unconditional obligation of the Account Debtor created by the sale, delivery, and acceptance of goods* or the rendition of services, in the ordinary course of Borrower's business or any Related Company's business**. *, THE LICENSING OF SOFTWARE, **(EXCEPT AS DISCLOSED TO AND APPROVED BY GC)
REPRESENTATIONS RELATING TO RECEIVABLES. Borrower represents and warrants to Lender as follows: Each Receivable with respect to which Loans are requested by Borrower shall, on the date each Loan is requested and made, represent an undisputed bona fide existing unconditional obligation of the Account Debtor created by the sale, delivery and acceptance of goods or the rendition of services in the ordinary course of Borrower's business.
REPRESENTATIONS RELATING TO RECEIVABLES. Debtor represents and warrants to GC that each of its Receivables represents an undisputed, bona fide, existing, unconditional obligation of the Account Debtor created by the sale, delivery, and acceptance of goods* or the rendition of services, in the ordinary course of Debtor's business business**. *, THE LICENSING OF SOFTWARE, **(EXCEPT AS DISCLOSED TO AND APPROVED BY GC)
REPRESENTATIONS RELATING TO RECEIVABLES. Borrower represents and warrants to Greyrock as follows: Each Receivable with respect to which Loans are requested by Borrower shall, on the date each Loan is requested and made, represent an undisputed, bona fide, existing, un-conditional obligation of the Account Debtor created by the sale, delivery, and acceptance of goods or the rendition of services, in the ordinary course of Borrower's business*. *, EXCEPT FOR RECEIVABLES WITH RESPECT TO MAINTENANCE, SERVICES AND CUSTOM DEVELOPMENT WORK, FOR WHICH BORROWER CUSTOMARILY BILLS IN ADVANCE, AS TO WHICH RECEIVABLES BORROWER REPRESENTS AND WARRANTS TO GREYROCK THAT SUCH RECEIVABLES ARE THE UNDISPUTED, BONA FIDE, EXISTING OBLIGATIONS OF THE ACCOUNT DEBTORS AND BORROWER HAS NO REASON TO BELIEVE SUCH RECEIVABLES WILL NOT BE COLLECTED. 4.2
REPRESENTATIONS RELATING TO RECEIVABLES. Borrower represents and warrants to Coast as follows: all Collections with respect to which Loans are requested by Borrower shall, on the date each Loan is requested and made, represent bona fide existing unconditional Collections from Account Debtors on Receivables created by the sale, delivery and acceptance of goods or the rendition of services in the ordinary course of Borrower's business.
