Common use of Ratifications Representations and Warranties Clause in Contracts

Ratifications Representations and Warranties. (a) The terms and provisions set forth in this Amendment shall modify and supersede all inconsistent terms and provisions set forth in the Facility Agreements and, except as expressly modified and superseded by this Amendment, the terms and provisions of the Facility Agreements are ratified and confirmed and shall continue in full force and effect. MMCF, MMI and the Bank agree that the Facility Agreements, as amended hereby, shall continue to be legal, valid, binding and enforceable in accordance with their respective terms. (b) To induce the Bank to enter into this Amendment, MMCF and MMI ratify and confirm each representation and warranty set forth in the Facility Agreements as if such representations and warranties were made on the even date herewith, and further represent and warrant (i) that there has not occurred since the date of the last financial statements delivered to the Bank any event or circumstance that has resulted or could reasonably be expected to result in a Material Adverse Effect, (ii) that no Event of Default exists on the date hereof, and (iii) that MMCF and MMI are each fully authorized to enter into this Amendment.

Appears in 3 contracts

Sources: Letter of Credit Facility Agreement (Municipal Mortgage & Equity LLC), Letter of Credit Facility Agreement (Municipal Mortgage & Equity LLC), Letter of Credit Facility Agreement (Municipal Mortgage & Equity LLC)

Ratifications Representations and Warranties. (a) The terms and provisions set forth in this Amendment shall modify and supersede all inconsistent terms and provisions set forth in the Facility Agreements Credit Agreement and, except as expressly modified and superseded by this Amendment, the terms and provisions of the Facility Agreements Credit Agreement are ratified and confirmed and shall continue in full force and effect. MMCF, MMI The Borrowers and the Bank Banks agree that the Facility AgreementsCredit Agreement and the Loan Documents, as amended hereby, shall continue to be legal, valid, binding and enforceable in accordance with their respective terms. (b) To induce the Bank Banks to enter into this Amendment, MMCF each Borrower ratifies and MMI ratify and confirm confirms each representation and warranty set forth in the Facility Agreements Credit Agreement as if such representations and warranties were made on the even date herewith, and further represent represents and warrant warrants (i) that there has not occurred since the date of the last financial statements delivered to the Bank any Banks no event or circumstance that has resulted or could reasonably be expected to result in a Material Adverse Effect, (ii) that no Event of Default exists on the date hereof, and (iii) that MMCF and MMI are each Borrower is fully authorized to enter into this Amendment.

Appears in 2 contracts

Sources: Credit Agreement (Avista Corp), Credit Agreement (Avista Corp)

Ratifications Representations and Warranties. (a) 5.1. The terms and provisions set forth in this Amendment shall modify and supersede all inconsistent terms and provisions set forth in the Facility Agreements and, except as expressly modified and superseded by this Amendment, the terms and provisions of the Facility Agreements are ratified and confirmed and shall continue in full force and effect. MMCF, MMI and the Bank agree that the Facility Agreements, as amended hereby, shall continue to be legal, valid, binding and enforceable in accordance with their respective terms. (b) 5.2. To induce the Bank to enter into this Amendment, MMCF and MMI ratify and confirm each representation and warranty set forth in the Facility Agreements as if such representations and warranties were made on the even date herewith, and further represent and warrant (i) that there has not occurred since the date of the last financial statements delivered to the Bank any event or circumstance that has resulted or could reasonably be expected to result in a Material Adverse Effect, (ii) that no Event of Default exists on the date hereof, and (iii) that MMCF and MMI are each fully authorized to enter into this Amendment.

Appears in 1 contract

Sources: Letter of Credit Facility Agreement (Municipal Mortgage & Equity LLC)

Ratifications Representations and Warranties. (a) The terms and provisions set forth in this Amendment shall modify and supersede all inconsistent terms and provisions set forth in the Facility Agreements Credit Agreement and, except as expressly modified and superseded by this Amendment, the terms and provisions of the Facility Agreements Credit Agreement are ratified and confirmed and shall continue in full force and effect. MMCF, MMI Borrower and the Bank Banks agree that the Facility AgreementsCredit Agreement, as amended hereby, shall continue to be legal, valid, binding and enforceable in accordance with their respective its terms. (b) To induce the Bank Banks to enter into this Amendment, MMCF the Borrower ratifies and MMI ratify and confirm confirms each representation and warranty set forth in the Facility Agreements Credit Agreement as if such representations and warranties were made on the even date herewith, and further represent represents and warrant warrants (i) that there has not occurred since the date of the last financial statements delivered to the Bank any Banks no event or circumstance that has resulted or could reasonably be expected to result in a Material Adverse Effect, (ii) that no Event of Default exists on the date hereofboth before and after giving effect to this Amendment, and (iii) that MMCF and MMI are each the Borrower is fully authorized to enter into this Amendment.

Appears in 1 contract

Sources: Credit Agreement (Black Hills Corp /Sd/)