Common use of WARRANTIES AND REPRESENTATIONS AS TO ELIGIBLE RECEIVABLES Clause in Contracts

WARRANTIES AND REPRESENTATIONS AS TO ELIGIBLE RECEIVABLES. With respect to Eligible Receivables, Borrower and Guarantor continuously warrant and represent to Lender that during the term of this Agreement and so long as any of the Indebtedness remains unpaid: (i) in determining which Receivables are "Eligible Receivables," Lender may rely upon all statements or representations made by Borrower; and (ii) those Receivables designated as Eligible Receivables meet each requirement set forth below at the time any request for advance is provided to Lender.

Appears in 9 contracts

Samples: Loan and Security Agreement (Crown Group Inc /Tx/), Loan and Security Agreement (Stewart Finance Co), Loan and Security Agreement (American Business Financial Services Inc /De/)

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WARRANTIES AND REPRESENTATIONS AS TO ELIGIBLE RECEIVABLES. With respect to Eligible Receivables, Borrower continuously warrants and Guarantor continuously warrant and represent represents to Lender that during the term of this Agreement and so long as any of the Indebtedness remains unpaid: (i) in determining which Receivables are "Eligible Receivables," Lender may rely upon all statements or representations made by Borrower; and (ii) those Receivables designated as Eligible Receivables meet each requirement set forth below at the time any request for advance is provided to Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Crown Group Inc /Tx/)

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WARRANTIES AND REPRESENTATIONS AS TO ELIGIBLE RECEIVABLES. With respect to Eligible Receivables, Borrower and Guarantor continuously warrant and represent to Lender that during the term of this Agreement and so long as any of the Indebtedness remains unpaid: (i) in determining which Receivables are "Eligible Receivables," Lender may rely upon all statements or representations made by Borrower; and (ii) those Receivables designated as Eligible Receivables meet each requirement set forth below at the time any request for advance is provided Provided to Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Finantra Capital Inc)

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