Affirmation of Representations. Each request for a loan or advance ------------------------------ made by Borrower pursuant to this Agreement or any of the other Loan Documents shall constitute (i) an automatic representation and warranty by Borrower to Bank that there does not then exist any default or Event of Default and (ii) a reaffirmation as of the date of said request that all of the representations and warranties of Borrower contained in this Agreement and the other Loan Documents are true in all material respects except for any changes in the nature of Borrower's business or operations that would render the information contained in any exhibit attached hereto either inaccurate or incomplete, so long as Bank has consented to such changes or such changes are expressly permitted by this Agreement.
Appears in 2 contracts
Sources: Loan and Security Agreement (Color Imaging Inc), Loan and Security Agreement (Color Imaging Inc)
Affirmation of Representations. Each request for a loan or ------------------------------ advance ------------------------------ made by Borrower pursuant to this Agreement or any of the other Loan Documents shall constitute (i) an automatic representation and warranty by Borrower to Bank that there does not then exist any default or Event of Default and (ii) a reaffirmation as of the date of said request that all of the representations and warranties of Borrower contained in this Agreement and the other Loan Documents are true in all material respects respects, except for any changes in the nature of Borrower's business or operations that would render the information contained in any exhibit attached hereto either inaccurate or incomplete, so long as Bank has consented to such changes or such changes are expressly permitted by this Agreement.
Appears in 1 contract
Sources: Loan and Security Agreement (Display Technologies Inc)
Affirmation of Representations. Each request for a loan or advance ------------------------------ advancement made by Borrower Borrowers pursuant to this Agreement or any of the other Loan Documents shall constitute (ia) an automatic representation and warranty by Borrower Borrowers to Bank that there does not then exist any default or Event of Default and (iib) a reaffirmation as of the date of said request that all of the representations and warranties of Borrower Borrowers contained in this Agreement and the other Loan Documents are true in all material respects respects, except for any changes in the nature of Borrower's Borrowers' business or operations that would render the information contained in any exhibit attached hereto either inaccurate or incomplete, so long as Bank has consented to such changes or such changes are expressly permitted by this Agreement.
Appears in 1 contract
Sources: Loan Agreement (Kimmins Corp/De)