Representation and Warranty Clause Example with 5 Variations from Business Contracts

Representation and Warranty. Each Obligor hereby represents and warrants to the Lender Parties as of the date hereof as follows: (a) Such Obligor (i) is duly incorporated or formed and validly existing and in good standing under the law of its jurisdiction of incorporation or formation and (ii) is duly qualified and in good standing as a foreign company in each other jurisdiction in which it owns or leases property or in which the conduct of its business requires it to so qualify or be licensed except where, in each case, t...he failure to so qualify or be licensed and be in good standing could not reasonably be expected to have a Material Adverse Effect or which may affect the legality, validity, binding effect or enforceability of this Third Amendment Fourth Waiver or the Forbearance and Waiver Agreement. 2 (b) Such Obligor has the capacity and has taken all action, if applicable, and no consent of any person is required, for it to execute this Third Amendment Fourth Waiver and to comply with its obligations hereunder. This Third Amendment Fourth Waiver has been duly executed and delivered on behalf of each Obligor. (c) This Third Amendment Fourth Waiver constitutes the legal, valid and binding obligations of each Obligor enforceable against it in accordance with their respective terms, subject to any relevant insolvency laws affecting creditors' rights generally. (d) The execution of this Third Amendment Fourth Waiver by each Obligor and compliance by each Obligor herewith will not result in a contravention of (i) any law or regulation, (ii) the constitutional documents of any Obligor or (iii) any contractual or other obligation or restriction which is binding on any Obligor or any of its assets. (e) Other than the Specified Defaults, Defaults (as defined in the Forbearance and Waiver Agreement), no Potential Event of Default or Event of Default has occurred and is continuing as of the date hereof. View More

Representation and Warranty. Each Obligor hereby represents and warrants to the Lender Parties as of the date hereof as follows: (a) Such Obligor (i) is duly incorporated or formed and validly existing and in good standing under the law of its jurisdiction of incorporation or formation and (ii) is duly qualified and in good standing as a foreign company in each other jurisdiction in which it owns or leases property or in which the conduct of its business requires it to so qualify or be licensed except where, in each case, t...he failure to so qualify or be licensed and be in good standing could not reasonably be expected to have a Material Adverse Effect or which may affect the legality, validity, binding effect or enforceability of this Third Fifth Amendment or the Forbearance Agreement. (b) Such Obligor has the capacity and has taken all action, if applicable, and no consent of any person is required, for it to execute this Third Fifth Amendment and to comply with its obligations hereunder. This Third Fifth Amendment has been duly executed and delivered on behalf of each Obligor. (c) This Third Fifth Amendment constitutes the legal, valid and binding obligations of each Obligor enforceable against it in accordance with their respective terms, subject to any relevant insolvency laws affecting creditors' rights generally. (d) The execution of this Third Fifth Amendment by each Obligor and compliance by each Obligor herewith will not result in a contravention of (i) any law or regulation, (ii) the constitutional documents of any Obligor or (iii) any contractual or other obligation or restriction which is binding on any Obligor or any of its assets. (e) Other than the Specified Defaults, no Potential Event of Default or Event of Default has occurred and is continuing as of the date hereof. View More

Representation and Warranty. Each Obligor hereby represents and warrants to the Lender Parties as of the date hereof as follows: (a) Such Obligor (i) is duly incorporated or formed and validly existing and in good standing under the law of its jurisdiction of incorporation or formation and (ii) is duly qualified and in good standing as a foreign company in each other jurisdiction in which it owns or leases property or in which the conduct of its business requires it to so qualify or be licensed except where, in each case, t...he failure to so qualify or be licensed and be in good standing could not reasonably be expected to have a Material Adverse Effect or which may affect the legality, validity, binding effect or enforceability of this Third Amendment or the Forbearance Agreement. (b) Such Obligor has the capacity and has taken all action, if applicable, and no consent of any person is required, for it to execute this Third Amendment Forbearance Agreement and to comply with its obligations hereunder. This Third Amendment Forbearance Agreement has been duly executed and delivered on behalf of each Obligor. (c) This Third Amendment Forbearance Agreement constitutes the legal, valid and binding obligations of each Obligor enforceable against it in accordance with their respective terms, subject to any relevant insolvency laws affecting creditors' rights generally. (d) The execution of this Third Amendment Forbearance Agreement by each Obligor and compliance by each Obligor herewith will not result in a contravention of (i) any law or regulation, (ii) the constitutional documents of any Obligor or (iii) any contractual or other obligation or restriction which is binding on any Obligor or any of its assets. (e) Other than the Specified Defaults, no Potential Event of Default or Event of Default has occurred and is continuing as of the date hereof. View More

Representation and Warranty. Each Obligor hereby represents and warrants to the Lender Parties as of the date hereof as follows: (a) Such Obligor (i) is duly incorporated or formed and validly existing and in good standing under the law of its jurisdiction of incorporation or formation and (ii) is duly qualified and in good standing as a foreign company in each other jurisdiction in which it owns or leases property or in which the conduct of its business requires it to so qualify or be licensed except where, in each case, t...he failure to so qualify or be licensed and be in good standing could not reasonably be expected to have a Material Adverse Effect or which may affect the legality, validity, binding effect or enforceability of this Third Waiver and Amendment or the Forbearance Agreement. (b) Such Obligor has the capacity and has taken all action, if applicable, and no consent of any person is required, for it to execute this Third Waiver and Amendment and to comply with its obligations hereunder. This Third Waiver and Amendment has been duly executed and delivered on behalf of each Obligor. (c) This Third Waiver and Amendment constitutes the legal, valid and binding obligations of each Obligor enforceable against it in accordance with their respective terms, subject to any relevant insolvency laws affecting creditors' rights generally. (d) The execution of this Third Waiver and Amendment by each Obligor and compliance by each Obligor herewith will not result in a contravention of (i) any law or regulation, (ii) the constitutional documents of any Obligor or (iii) any contractual or other obligation or restriction which is binding on any Obligor or any of its assets. (e) Other than the Specified Defaults, no Potential Event of Default or Event of Default has occurred and is continuing as of the date hereof. View More

Representation and Warranty. Each Obligor hereby represents and warrants to the Lender Parties as of the date hereof as follows: (a) Such Obligor (i) is duly incorporated or formed and validly existing and in good standing under the law of its jurisdiction of incorporation or formation and (ii) is duly qualified and in good standing as a foreign company in each other jurisdiction in which it owns or leases property or in which the conduct of its business requires it to so qualify or be licensed except where, in each case, t...he failure to so qualify or be licensed and be in good standing could not reasonably be expected to have a Material Adverse Effect or which may affect the legality, validity, binding effect or enforceability of this Third Seventh Amendment or the Forbearance Agreement. (b) Such Obligor has the capacity and has taken all action, if applicable, and no consent of any person is required, for it to execute this Third Seventh Amendment and to comply with its obligations hereunder. This Third Seventh Amendment has been duly executed and delivered on behalf of each Obligor. (c) This Third Seventh Amendment constitutes the legal, valid and binding obligations of each Obligor enforceable against it in accordance with their respective terms, subject to any relevant insolvency laws affecting creditors' rights generally. (d) The execution of this Third Seventh Amendment by each Obligor and compliance by each Obligor herewith will not result in a contravention of (i) any law or regulation, (ii) the constitutional documents of any Obligor or (iii) any contractual or other obligation or restriction which is binding on any Obligor or any of its assets. 2 (e) Other than the Specified Defaults, no Potential Event of Default or Event of Default has occurred and is continuing as of the date hereof. View More