Common use of Validity of Accounts Clause in Contracts

Validity of Accounts. (a) The amount of each Account shown on the books, records, and invoices of the Borrower represented as owing by each Account Debtor is and will be the correct amount actually owing by such Account Debtor and shall have been fully earned by performance by the Borrower. (b) The Borrower has no knowledge of any impairment of the validity or collectibility of any of the Accounts and shall notify the Lender of any such fact immediately after Borrower becomes aware of any such impairment. (c) The Borrower shall not post any bond to secure the Borrower's performance under any agreement to which the Borrower is a party nor cause any surety, guarantor, or other third party obligee to become liable to perform any obligation of the Borrower (other than to the Lender) in the event of the Borrower's failure so to perform.

Validity of Accounts. (a) The amount of each Account shown on the books, records, and invoices of the Borrower represented as owing by each Account Debtor is and will be the correct amount actually owing by such Account Debtor and shall have been fully earned by performance by the Borrower. (b) The Borrower has no knowledge of any impairment of the validity or collectibility of any of the Accounts and shall notify the Lender of any such fact immediately after Borrower becomes aware of any such impairment. (c) The Borrower shall not post any bond to secure the Borrower's performance under any agreement to which the Borrower is a party nor cause any surety, guarantor, or other third party obligee to become liable to perform any obligation of the Borrower (other than to the LenderLender ) in the event of the Borrower's failure so to perform.

Validity of Accounts. (a) The amount of each Account shown on the books, records, and invoices of the Borrower Borrowers represented as owing by each Account Debtor is and will be the correct amount actually owing by such Account Debtor and shall have been fully earned by performance by the BorrowerBorrowers. (b) The Borrower has Borrowers have no knowledge of any material impairment of the validity or collectibility of any of the Accounts and shall notify the Lender Agent of any such fact immediately after Borrower becomes the Borrowers become aware of any such material impairment. (c) The Borrower Borrowers shall not post any bond to secure the Borrower's Borrowers' performance under any agreement to which the any Borrower is a party nor cause any surety, guarantor, or other third party obligee to become liable to perform any obligation of the any Borrower (other than to the LenderAgent ) in the event of the such Borrower's failure so to perform.

Validity of Accounts. (a) The amount of each Account shown on the books, records, and invoices of the Borrower represented as owing by each Account Debtor is and will be the correct amount actually owing by such Account Debtor and shall have been fully earned by performance by the Borrower. (b) The Borrower has no knowledge of any impairment of the validity or collectibility of any of the Accounts and shall notify the Lender Administrative Agent of any such fact immediately after Borrower becomes aware of any such impairment. (c) The Borrower shall not post any bond to secure the Borrower's performance under any agreement to which the Borrower is a party nor cause any surety, guarantor, or other third party obligee to become liable to perform any obligation of the Borrower (other than to the LenderAdministrative Agent ) in the event of the Borrower's failure so to perform.

Validity of Accounts. (a) The amount of each Account shown on the books, records, and invoices of the Borrower represented as owing by each Account Debtor is and will be the correct amount actually owing by such Account Debtor and shall have been fully earned by performance by the Borrower. (b) The Borrower has no knowledge of any impairment of the validity or collectibility of any of the Accounts and shall notify the Lender of any such fact immediately after Borrower becomes aware of any such impairment. (c) The Borrower shall not post any bond to secure the Borrower's ’s performance under any agreement to which the Borrower is a party nor cause any surety, guarantor, or other third party obligee to become liable to perform any obligation of the Borrower (other than to the Lender) in the event of the Borrower's ’s failure so to performperform other than as may be required under workers’ compensation laws and the like.

Validity of Accounts. (a) The amount of each Account shown on the books, records, and invoices of the Borrower represented as owing by each Account Debtor is and will be the correct amount actually owing by such Account Debtor and shall have been fully earned by performance by the Borrower. (b) The Borrower has no knowledge of any impairment of the validity or collectibility of any of the Accounts and shall notify the Lender Agent of any such fact immediately after Borrower becomes aware of any such impairment. (c) The Borrower shall not post any bond to secure the Borrower's performance under any agreement to which the Borrower is a party nor cause any surety, guarantor, or other third party obligee to become liable to perform any obligation of the Borrower (other than to the LenderAgent ) in the event of the Borrower's failure so to perform.

Validity of Accounts. (a) The amount of each Account shown on the books, records, and invoices of the Borrower Borrowers represented as owing by each Account Debtor is and will be the correct amount actually owing by such Account Debtor and shall have been fully earned by performance by the BorrowerBorrowers. (b) The Borrower has Borrowers have no knowledge of any impairment of the validity or collectibility of any of the Accounts and shall notify the Lender Administrative Agent of any such fact immediately after Borrower becomes the Borrowers become aware of any such impairment. (c) The No Borrower shall not post any bond to secure the Borrower's Borrowers' performance under any agreement to which the that Borrower is a party nor cause any surety, guarantor, or other third party obligee to become liable to perform any obligation of the a Borrower (other than to the LenderWorking Capital Lenders ) in the event of the Borrower's Borrowers' failure so to perform.