Example ContractsClausesborrower’s representationsIdentical
Borrower’s Representations
Borrower’s Representations contract clause examples

Representations and Warranties Concerning Accounts. With respect to he Accounts, Borrower represents and warrants to Lender: (1) Each Account represented by Borrower to be an Eligible Account for purposes of this Agreement conforms to the requirements of the definition of an Eligible Account; (2) All Account information listed on schedules delivered to Lender will be true and correct, subject to immaterial variance; and (3) Lender, its assigns, or agents shall have the right at any time, and at Borrower’s expense to inspect, examine, and audit Borrower’s records and to confirm with Account Debtors the accuracy of such Accounts.

BUSINESS LOAN AGREEMENT (ASSET BASED)
Source: SEC EDGAR database • Date: May 15, 2023 • SIC: 8742 • CIK: 8742

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