Common use of Financial Condition of Borrowers Clause in Contracts

Financial Condition of Borrowers. Guarantor represents and warrants to Foothill that Guarantor is currently informed of the financial condition of each Borrower and of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Guaranteed Obligations. Guarantor further represents and warrants to Foothill that Guarantor has read and understands the terms and conditions of the Loan Documents. Guarantor hereby covenants that Guarantor will continue to keep informed of each Borrower's financial condition, the financial condition of other guarantors, if any, and of all other circumstances which bear upon the risk of nonpayment or nonperformance of the Guaranteed Obligations.

Financial Condition of Borrowers. Guarantor represents and warrants to Foothill Agent that Guarantor it is currently informed of the financial condition of each Borrower Borrowers and of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Guaranteed Guarantied Obligations. Guarantor further represents and warrants to Foothill Agent that Guarantor it has read and understands the terms and conditions of the Loan DocumentsAgreement and each other Loan Document. Guarantor hereby covenants that Guarantor it will continue to keep himself informed of each Borrower's Borrowers' financial condition, the financial condition of other guarantors, if any, and of all other circumstances which bear upon the risk of nonpayment or nonperformance of the Guaranteed Guarantied Obligations.

Financial Condition of Borrowers. Guarantor represents and -------------------------------- warrants to Foothill that Guarantor is currently informed of the financial condition of each Borrower Borrowers and of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Guaranteed Obligations. Guarantor further represents and warrants to Foothill that Guarantor has read and understands the terms and conditions of the Loan Documents. Guarantor hereby covenants that Guarantor will continue to keep informed of each Borrower's Borrowers' financial condition, the financial condition of other guarantors, if any, and of all other circumstances which bear upon the risk of nonpayment or nonperformance of the Guaranteed Obligations.

Financial Condition of Borrowers. Each Guarantor represents and warrants to Foothill the Lender Group that Guarantor it is currently informed of the financial condition of each Borrower Borrowers and of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Guaranteed Guarantied Obligations. Each Guarantor further represents and warrants to Foothill the Lender Group that Guarantor it has read and understands the terms and conditions of the this Agreement and each other Loan DocumentsDocument. Each Guarantor hereby covenants that Guarantor it will continue to keep itself informed of each Borrower's Borrowers’ financial condition, the financial condition of other guarantors, if any, and of all other circumstances which bear upon the risk of nonpayment or nonperformance of the Guaranteed Guarantied Obligations.