Common use of Representations Relating to Documents and Legal Compliance Clause in Contracts

Representations Relating to Documents and Legal Compliance. Borrower represents and warrants to Coast as follows: All statements made and all unpaid balances appearing in all invoices, instruments and other documents evidencing the Receivables are and shall be true and correct in all material respects and all such invoices, instruments and other documents and all of Borrower's books and records are and shall be genuine and in all respects what they purport to be. All sales and other transactions underlying or giving rise to each Receivable shall fully comply in all material respects with all applicable laws and governmental rules and regulations. All signatures and indorsements on all documents, instruments, and agreements relating to all Receivables are and shall be genuine, and all such documents, instruments and agreements are and shall be legally enforceable in accordance with their terms.

Appears in 1 contract

Samples: Security Agreement (Cyanotech Corp)

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Representations Relating to Documents and Legal Compliance. Borrower represents and warrants to Coast REMINGTON as follows: All statements made and all unpaid balances appearing in all invoices, instruments and other documents evidencing the Receivables are and shall be true and correct in all material respects cor­rect and all such invoices, instruments and other documents docu­ments and all of Borrower's books and records are and shall be genuine and in all respects what they purport to be, and all signatories and endorsers have the capacity to contract. All sales and other transactions underlying or giving rise to each Receivable shall fully comply in all material respects with all applicable laws and governmental rules and regulations. All signatures and indorsements endorsements on all documents, instrumentsinstru­ments, and agreements relating to all Receivables are and shall be genuine, and all such documents, instruments and agreements are and shall be legally enforceable in accordance accor­dance with their terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Broadcaster Inc)

Representations Relating to Documents and Legal Compliance. Borrower represents and warrants to Coast as follows: All statements made and all unpaid balances appearing in all invoices, instruments and other documents evidencing the Receivables and Collections are and shall be true and correct in all material respects and all such invoices, instruments and other documents and all of Borrower's books and records are and shall be genuine and in all respects what they purport to be. All sales and other transactions underlying or giving rise to each Receivable and Collection shall fully comply in all material respects with all applicable laws and governmental rules and regulations. All signatures and indorsements on all documents, instruments, and agreements relating to all Receivables and Collections are and shall be genuine, and all such documents, instruments and agreements are and shall be legally enforceable in accordance with their terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Health Fitness Corp /Mn/)

Representations Relating to Documents and Legal Compliance. Borrower represents and warrants to Coast as follows: All statements made and all unpaid balances appearing in all invoices, instruments and other documents evidencing the Receivables are and shall be true and correct in all material respects and all such invoices, instruments and other documents and all of Borrower's books and records are and shall be genuine and in all respects what they purport to be. All sales and other transactions underlying or giving rise to each Receivable shall fully comply in all material respects with all applicable laws and governmental rules and regulations. All signatures of and indorsements by Borrower on all documents, instruments, and agreements relating to all Receivables are and shall be genuine, and all such documents, instruments and agreements are and shall be legally enforceable in accordance with their terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Webvalley Inc)

Representations Relating to Documents and Legal Compliance. Borrower represents and warrants to Coast Xxxxxx as follows: All statements made and all unpaid balances appearing in all invoices, instruments and other documents evidencing the Receivables are and shall be true and correct in all material respects and all such invoices, instruments and other documents and all of Borrower's books and records are and shall be genuine and in all respects what they purport to be. All sales and other transactions underlying or giving rise to each Receivable shall fully comply in all material respects with all applicable laws and governmental rules and regulations. All signatures and indorsements endorsements on all documents, instruments, and agreements relating to all Receivables are and shall be genuine, and all such documents, instruments and agreements are and shall be legally enforceable in accordance with their terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Dotronix Inc)

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Representations Relating to Documents and Legal Compliance. Borrower represents and warrants to Coast Lender as follows: All statements made and all unpaid balances appearing in all invoices, instruments and other documents evidencing the Receivables Accounts are and shall be true and correct in all material respects cor‐rect and all such invoices, instruments and other documents and all of Borrower's books and records are and shall be genuine and in all respects what they purport to be. All sales and other transactions underlying or giving rise to each Receivable Account shall fully comply in all material respects with all applicable laws and governmental rules and regulations. All signatures and indorsements endorsements on all documents, instruments, and agreements relating to all Receivables Accounts and submitted by Borrower to Lender are and shall be genuine, and all such documents, instruments and agreements are and shall be (to the best of Borrower’s knowledge) legally enforceable in accordance with their terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Yunhong CTI Ltd.)

Representations Relating to Documents and Legal Compliance. Borrower represents and warrants to Coast Greyrock as follows: All statements made and all unpaid balances appearing in all invoices, instruments and other documents evidencing the Receivables are and shall be true and correct in all material respects and all such invoices, instruments and other documents and all of Borrower's books and records are and shall be genuine and in all respects what they purport to be, and all signatories and endorsers have the capacity to contract. All sales and other transactions underlying or giving rise to each Receivable shall fully comply in all material respects with all applicable laws and governmental rules and regulations. All signatures and indorsements endorsements on all documents, instruments, and agreements relating to all Receivables are and shall be genuine, and all such documents, instruments and agreements are and shall be legally enforceable in accordance with their terms.

Appears in 1 contract

Samples: Security Agreement (Inventa Technologies Inc)

Representations Relating to Documents and Legal Compliance. Borrower represents and warrants to Coast Lenders as follows: All statements made and all unpaid balances appearing in all invoices, purchase orders, contracts, instruments and other documents evidencing the Receivables are and shall be true and correct in all material respects and all such invoices, instruments and other documents and all of Borrower's books and records are and shall be genuine and in all respects what they purport to be. All sales and other transactions underlying or giving rise to each Receivable shall fully comply in all material respects with all applicable laws and governmental rules and regulations. All signatures and indorsements endorsements on all documents, instruments, and agreements relating to all Receivables are and shall be genuine, and all such documents, instruments and agreements are and shall be legally enforceable in accordance with their terms.

Appears in 1 contract

Samples: Security Agreement (Intelligent Medical Imaging Inc)

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