Common use of Nature of Transaction Clause in Contracts

Nature of Transaction. Lender makes no representation whatsoever, express or implied, concerning the legal character of the transaction evidenced hereby, for tax or any other purpose.

Appears in 20 contracts

Sources: Senior Loan and Security Agreement (Xcyte Therapies Inc), Senior Loan and Security Agreement (Matritech Inc/De/), Senior Loan and Security Agreement (Resourcephoenix Com)

Nature of Transaction. Except as expressly set forth herein, Lender makes no representation whatsoever, express or implied, concerning the legal character of the transaction evidenced hereby, for tax or any other purpose.

Appears in 1 contract

Sources: Senior Loan and Security Agreement (Latitude Communications Inc)