Common use of Covenants, Representations and Warranties of the Holders Clause in Contracts

Covenants, Representations and Warranties of the Holders. Each Holder, severally and not jointly, hereby covenants as follows, and makes the following representations and warranties as to itself, each of which is and shall be true and correct on the date hereof and at each Closing (provided that only the Backstop Parties shall be obligated to make the following representations and warranties at the Backstop Party Exchange Closing), and all such covenants, representations and warranties shall survive such Closing. As used in this Article II, “Exchange” includes the Backstop Party Exchange and the Subsequent Exchange, as applicable.