Common use of Basic Representations Clause in Contracts

Basic Representations. (i) Status It is duly organised and validly existing under the laws of the jurisdiction of its organisation or incorporation and, if relevant under such laws, in good standing;

Appears in 1 contract

Sources: Isda Master Agreement (Affiliate Investment, Inc.)

Basic Representations. (i) Status It is duly organised and validly existing under the laws of the jurisdiction of its organisation or incorporation and, if relevant under such laws, in good standing;

Appears in 1 contract

Sources: Isda Master Agreement (Lehman XS Trust 2006-5)