Common use of Inducement to Lender Clause in Contracts

Inducement to Lender. The representations and warranties contained in the Loan Documents are made by Borrower as an inducement to Lender to make the Loan. Borrower understands that Lender is relying on such representations and warranties and that such representations and warranties shall survive any (a) bankruptcy proceedings involving Borrower, or (b) foreclosure of the Security Agreement.

Appears in 2 contracts

Samples: Loan Agreement (Plains Capital Corp), Loan Agreement (Plains Capital Corp)

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Inducement to Lender. The representations and warranties contained in the Loan Documents are made by Borrower as an inducement to Lender to make the Loan. Loan and Borrower understands that Lender is relying on such representations and warranties and that such representations and warranties shall survive any (a) bankruptcy proceedings involving Borrower, Borrower or (b) foreclosure of the Security AgreementPremises.

Appears in 2 contracts

Samples: Disbursement Agreement (Campus Crest Communities, Inc.), Secured Construction Loan Agreement (Campus Crest Communities, Inc.)

Inducement to Lender. The representations and warranties contained in the Loan Documents are made by Borrower as an inducement to Lender to make the Loan. Loan and Borrower understands that Lender lender is relying on the truth and accuracy of such representations and warranties and that such representations and warranties shall survive any (a) bankruptcy proceedings involving Borrower, or (b) foreclosure of the Security Agreementwarranties.

Appears in 1 contract

Samples: Construction Loan Agreement (Campus Crest Communities, Inc.)

Inducement to Lender. The representations and warranties contained in the Loan Documents are made by Borrower as an inducement to Lender to make the Loan. Borrower understands that Lender is relying on such representations and warranties and that such representations and warranties shall survive any (a) bankruptcy proceedings involving Borrower, or (b) foreclosure of the Security Agreement.

Appears in 1 contract

Samples: Subordinate Credit Agreement (Plains Capital Corp)

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Inducement to Lender. The representations and warranties contained in the Loan Documents Instruments are made by Borrower as an inducement to Lender to make the Loan. Loan and Borrower understands that Lender is relying on such representations and warranties and that such representations and warranties shall survive any (a) bankruptcy proceedings involving Borrower, Borrower or (b) foreclosure of the Security AgreementPremises.

Appears in 1 contract

Samples: Construction and Semi Permanent Loan Agreement (Advanced Environmental Recycling Technologies Inc)

Inducement to Lender. The representations and warranties contained in the Loan Documents are made by Borrower as an inducement to Lender to make the Loan. Loan and Borrower understands that Lender is relying on the truth and accuracy of such representations and warranties and that such representations and warranties shall survive any (a) bankruptcy proceedings involving Borrower, or (b) foreclosure of the Security Agreementwarranties.

Appears in 1 contract

Samples: Construction Loan Agreement (Campus Crest Communities, Inc.)

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