CERTAIN REPRESENTATIONS BY THE BORROWER Clause Samples

The 'Certain Representations by the Borrower' clause requires the borrower to affirm specific facts or conditions as true at the time of entering into the agreement. These representations may include statements about the borrower's legal authority to enter the contract, the accuracy of financial statements, or the absence of undisclosed liabilities. By making these representations, the borrower provides assurances to the lender, which helps the lender assess risk and make informed decisions about extending credit.
CERTAIN REPRESENTATIONS BY THE BORROWER. Description of the Project and Description of the Facilities Section 2.02. Capital Expenditures Section 2.03. Prior Issues and $40 Million Limit Section 2.04. Federal Tax Return Information Section 2.05. Composite Issues
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CERTAIN REPRESENTATIONS BY THE BORROWER. Section 2.1. Description of the Project and Description of the Facilities...12 Section 2.2.
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CERTAIN REPRESENTATIONS BY THE BORROWER. Description of the Project and Description of the Facilities...
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CERTAIN REPRESENTATIONS BY THE BORROWER. Section 2.01. Description of the Project and Description of the Facilities...................................... 11 Section 2.02. Capital Expenditures.............................................................................. 12 Section 2.03. Prior Issues and $40 Million Limit................................................................ 13 Section 2.04. Federal Tax Return Information.................................................................... 13 Section 2.05. Composite Issues.................................................................................. 13 Section 2.06.
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Related to CERTAIN REPRESENTATIONS BY THE BORROWER

  • Certain Representations Borrower represents and warrants that, as of the Effective Date: (a) Borrower has full power and authority to execute the Modification Papers to which it is a party and such Modification Papers constitute the legal, valid and binding obligation of Borrower enforceable in accordance with their terms, except as enforceability may be limited by general principles of equity and applicable bankruptcy, insolvency, reorganization, moratorium, and other similar laws affecting the enforcement of creditors’ rights generally; (b) no authorization, approval, consent or other action by, notice to, or filing with, any Governmental Authority or other Person is required for the execution, delivery and performance by Borrower thereof; and (c) no Default has occurred and is continuing or will result from the consummation of the transactions contemplated by this Amendment. In addition, Borrower represents that after giving effect to the Modification Papers, all representations and warranties contained in the Credit Agreement and the other Loan Documents are true and correct in all material respects (provided that any such representations or warranties that are, by their terms, already qualified by reference to materiality shall be true and correct without regard to such additional materiality qualification) on and as of the Effective Date as if made on and as of such date except to the extent that any such representation or warranty expressly relates to an earlier date, in which case such representation or warranty is true and correct in all material respects (or true and correct without regard to such additional materiality qualification, as applicable) as of such earlier date.

  • REPRESENTATIONS BY THE COMPANY The Company represents and warrants to the Subscriber that:

  • Representations by the Issuer The Issuer represents and warrants to the Subscriber that as of the date of the closing of this Offering (the “Closing Date”): 2.1 The Issuer is a Limited Liability Company duly organized, validly existing and in good standing under the laws of the State of Delaware, authorized to do business in the State of Delaware and has the corporate power to conduct the business which it conducts and proposes to conduct. 2.2 The execution, delivery and performance of this Subscription Agreement by the Issuer have been duly authorized by the Issuer and all other corporate action required to authorize and consummate the offer and sale of the Interests has been duly taken and approved. This Subscription Agreement is valid, binding and enforceable against the Issuer in accordance with its terms; except as enforcement may be limited by bankruptcy, insolvency, moratorium or similar laws or by legal or equitable principles relating to or limiting creditors’ rights generally, the availability of equity remedies, or public policy as to the enforcement of certain provisions, such as indemnification provisions. 2.3 The Interests have been duly and validly authorized and issued. 2.4 The Issuer knows of no pending or threatened legal or governmental proceedings to which the Issuer is a party which would materially adversely affect the business, financial condition or operations of the Issuer.

  • Certain Representations and Warranties Each of the parties hereto represents and warrants to the other that, as of the date hereof; this Agreement has been duly and validly authorized by all necessary action (corporate, limited liability company or otherwise) on the part of such party, has been duly executed and delivered by such party and constitutes the valid and legally binding obligation of such party, enforceable against such party in accordance with its terms and conditions.

  • Representations and Warranties by the Manager The Manager represents and warrants to each Underwriter at the date hereof, the Applicable Time, the Closing Time and each Date of Delivery, if any, and agrees with each Underwriter, as follows: