Common use of Certain Representations and Warranties Regarding the Collateral Clause in Contracts

Certain Representations and Warranties Regarding the Collateral. The Pledgor represents and warrants that on the date hereof: (i) the KSE Stock held by the Pledgor is listed on Annex A hereto; (ii) such KSE Stock referenced in clause (i) of this paragraph constitutes that percentage of the issued and outstanding capital stock of the issuing corporation as is set forth in Annex A hereto; and (iii) the Pledgor has complied with the respec- tive procedure set forth in Section 3.2(a)(i) through (iii) hereof with respect to each item of Collateral as of the date hereof.

Appears in 2 contracts

Sources: Bridge Loan Agreement, Pledge Agreement