Representation and Warranty Clause Example from Business Contracts

Representation and Warranty. In order to induce the Administrative Agent and the Lenders to enter into this Amendment, the Company represents and warrants to the Administrative Agent and the Lenders, both before and after giving effect to this Amendment, as follows: (a) the representations and warranties contained in Article V of the Credit Agreement and the other Loan Documents are true and correct in all material respects on and as of the date hereof, except to the extent that such representations and warranties specifica...lly refer to an earlier date, in which case they are true and correct in all material respects as of such earlier date; (b) this Amendment has been duly authorized, executed and delivered by the Company and constitutes a legal, valid and binding obligation of the Company, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws generally affecting the rights of creditors, and subject to equitable principles of general application; and (c) no Default or Event of Default under the Credit Agreement has occurred and is continuing. View More