Common use of Survival; Successors and Assigns Clause in Contracts

Survival; Successors and Assigns. All warranties, representations, and covenants made by the Borrower herein or on any certificate or other instrument delivered by it or on its behalf under this Agreement shall be considered to have been relied upon by the Bank and shall survive the closing of the Loan regardless of any investigation made by the Bank on its behalf. All statements in any such certificate or other instrument shall constitute warranties and representations by the Borrower. This Agreement shall inure to the benefit of and be binding upon the heirs, successors and assigns of each of the parties.

Appears in 3 contracts

Sources: Loan Agreement (Chateau Properties Inc), Loan Agreement (Aironet Wireless Communications Inc), Loan and Security Agreement (Ca Short Co)

Survival; Successors and Assigns. All warranties, representations, and covenants made by the any Borrower herein or on any certificate or other instrument delivered by it or on its behalf under this Agreement shall be considered to have been relied upon by the Bank Lender and shall survive the closing of the Loan regardless of any investigation made by the Bank Lender on its behalf. All statements in any such certificate or other instrument shall constitute warranties and representations by the Borrower. This Agreement shall inure to the benefit of and be binding upon the heirs, successors and assigns of each of the parties.

Appears in 3 contracts

Sources: Loan and Security Agreement (Great Lakes Capital Acceptance LLC), Loan and Security Agreement (Great Lakes Capital Acceptance LLC), Loan and Security Agreement (Great Lakes Capital Acceptance LLC)

Survival; Successors and Assigns. All warranties, representations, and covenants made by the Borrower Companies herein or on any certificate or other instrument delivered by it or on its behalf under this Agreement shall be considered to have been relied upon by the Bank and shall survive the closing of the Loan Revolving Line of Credit regardless of any investigation made by the Bank on its behalf. All statements in any such certificate or other instrument shall constitute warranties and representations by the BorrowerCompanies. This Agreement shall inure to the benefit of and be binding upon the heirs, successors and assigns of each of the parties.

Appears in 2 contracts

Sources: Loan and Security Agreement (Lexford Inc), Loan and Security Agreement (Lexford Residential Trust /Md/)

Survival; Successors and Assigns. All warranties, representations, and covenants made by the Borrower herein or on any certificate or other instrument delivered by it or on its behalf under this Agreement shall be considered to have been relied upon by the Bank and shall survive the closing of the Loan Loans regardless of any investigation made by the Bank on its behalf. All statements in any such certificate or other instrument shall constitute warranties and representations by the Borrower. This Agreement shall inure to the benefit of and be binding upon the heirs, successors and assigns of each of the parties.

Appears in 2 contracts

Sources: Loan and Security Agreement (Bcam International Inc), Loan and Security Agreement (Peco Ii Inc)

Survival; Successors and Assigns. All warranties, representations, and covenants made by the Borrower Companies herein or on any certificate or other instrument delivered by it them or on its their behalf under this Agreement shall be considered to have been relied upon by the Bank and shall survive the closing of the Loan regardless of any investigation made by the Bank on its their behalf. All statements in any such certificate or other instrument shall constitute warranties and representations by the BorrowerCompanies. This Agreement shall inure to the benefit of and be binding upon the heirs, successors and assigns of each of the parties.

Appears in 1 contract

Sources: Loan Agreement (Intrenet Inc)

Survival; Successors and Assigns. All warranties, representations, and covenants made by the Borrower Borrowers herein or on any certificate or other instrument delivered by it or on its behalf under this Agreement shall be considered to have been relied upon by the Bank and shall survive the closing of the Loan Loans regardless of any investigation made by the Bank on its behalf. All statements in any such certificate or other instrument shall constitute warranties and representations by the BorrowerBorrowers. This Agreement shall inure to the benefit of and be binding upon the heirs, successors and assigns of each of the parties.

Appears in 1 contract

Sources: Loan Agreement (Metatec Corp)

Survival; Successors and Assigns. All warranties, representations, and covenants made by the Borrower herein or on any certificate or other instrument delivered by it or on its behalf under this Agreement shall be considered to have been relied upon by the Bank and shall survive the closing of the Loan and disbursement of funds regardless of any investigation made by the Bank on its behalf. All statements in any such certificate or other instrument shall constitute warranties and representations by the Borrower. This Agreement shall inure to the benefit of and be binding upon the heirs, successors and assigns of each of the parties.

Appears in 1 contract

Sources: Loan and Security Agreement (Zaring National Corp)