Common use of Assignor’s Representations and Warranties Clause in Contracts

Assignor’s Representations and Warranties. Assignor represents and warrants to Assignee that: (a) the Lease is in full force and effect, unmodified except as provided in this Agreement; (b) Assignor’s interest in the Lease is free and clear of any liens, encumbrances or adverse interests of third parties; (c) Assignor possesses the requisite legal authority to assign its interest in the Lease as provided herein. (d) There are no sums due and owing by Assignor under the Lease as of the effective date hereof, and there exists no condition of default thereunder.

Appears in 3 contracts

Sources: Consent to Assignment of Lease, Consent to Assignment of Lease, Assignment and Assumption of Lease Agreement (Global Casinos Inc)

Assignor’s Representations and Warranties. Assignor represents and warrants to Assignee that: (a) the Lease is in full force and effect, unmodified except as provided in this Agreement; (b) Assignor’s interest in the Lease is free and clear of any liens, encumbrances or adverse interests of third parties; (c) Assignor possesses the requisite legal authority to assign its interest in the Lease as provided herein. (d) There are no sums due and owing by Assignor under the Lease as of the effective date hereof, and there exists no condition of default thereunder.

Appears in 1 contract

Sources: Assignment and Assumption of Lease Agreement

Assignor’s Representations and Warranties. Assignor represents and warrants to Assignee that: (a) the Lease is in full force and effect, unmodified except as provided in this Agreement; (b) Assignor’s interest in the Lease is free and clear of any liens, encumbrances or adverse interests of third parties; (c) Assignor possesses the requisite legal authority to assign its interest in the Lease as provided herein.; (d) There are no sums due and owing by Assignor under the Lease as of the effective date hereof, and there exists no condition of default thereunder.

Appears in 1 contract

Sources: Assignment of Lease Agreement