REPRESENTATIONS AND WARRANTIES BY LESSOR Clause Samples

REPRESENTATIONS AND WARRANTIES BY LESSOR. Lessor warrants that Lessor is the sole owner of the land and improvements comprising the office building and that Lessor has full right to enter into this lease. Lessor's duties and warranties are limited to those expressly stated in this lease and shall not include any implied duties or implied warranties, now or in the future. No representations or warranties have been made by Lessor other than those expressly contained in this lease.
View SourceView Similar (7)
REPRESENTATIONS AND WARRANTIES BY LESSOR. Lessor hereby represents and warrants to Lessee:
View SourceView Similar (3)
REPRESENTATIONS AND WARRANTIES BY LESSOR. 8.1 Lessor hereby expressly represents and warrants the following. (i) Lessor has the full ownership of the Buildings and all information furnished to Lessee with respect to the Buildings are true, complete and correct and the use of the Buildings by Lessee as described in this agreement is in no way prohibited; (ii) that as of the date hereof the Buildings are fit for the use and the present industrial activity of Lessee and meet the technical requirements and zoning requirements for the carrying out by Lessee of the activity that Lessee proposes to carry out, as described in this agreement and known to Lessor; (iii) the Buildings are not subject to any restriction of any kind; (iv) as of the date hereof the Buildings are in compliance with the laws, regulations and permits applicable to the carrying out by Lessee of the activity that Lessee is proposing to carry out, as described in this agreement. To this purpose, Lessor shall deliver to Lessee copy of all relevant administrative documentation, technical certifications and authorizations; (v) Lessor has not and will not violate any applicable environmental laws, as a consequence of which the occupancy of the Buildings could be jeopardized or which could constitute a risk pursuant to the laws on safety at work as from time to time in force. Lessor furthermore undertakes, in case Dangerous Materials are ascertained to be present in the Building, in the shared areas or in the vicinity thereof- to the extent that the vicinity is such that the occupancy of the same is jeopardized or there are risks pursuant to the laws on safety at work from time to time - and evidence is given that
View Source
REPRESENTATIONS AND WARRANTIES BY LESSOR. Lessor warrants that Lessor has full right to enter into this Lease. Lessor's duties and warranties are limited to those expressly stated in this Lease and shall not include any implied duties or implied warranties, now or in the future. No representations or warranties have been made by Lessor other than those expressly contained in this Lease.
View Source
REPRESENTATIONS AND WARRANTIES BY LESSOR. Lessor represents and warrants to Lessee that (i) the making of this Lease and any Lease Schedule executed by Lessor is duly authorized on the part of Lessor and that upon due execution thereof by Lessor and Lessee they shall constitute valid obligations binding upon, and enforceable against, Lessor in accordance with their terms; (ii) neither the making of this Lease or such Lease Schedule, nor the due performance by Lessor, including the commitment and lease of Equipment, shall result in any breach of, or constitute a default under, or violation of, Lessor's organizing documents, articles of incorporation, by-laws, or indentures, notes or any material agreement to which Lessor is a party or by which Lessor is bound; (iii) no material approval or consent not already obtained or withholding of objection is required from any governmental authority with respect to the entering into, or performance of this Lease or any Lease Schedule by Lessor; (iv) Lessor has obtained all material licenses and permits required under applicable Gaming Laws for the operation of its business; (v) Lessor has obtained representations from manufacturers of slot machines leased hereunder that the Machines, and any progressive Machines, as well as any associated computer monitoring and communication equipment are currently, or will be Year 2000 Compliant prior to the year 2000. Year 2000 Compliant means that the functionality of the Machine or product is not affected by dates prior to, during or after the year 2000, or the fact that year 2000 is a leap year.
View Source
REPRESENTATIONS AND WARRANTIES BY LESSOR. LESSOR represents and warrants to LESSEE that the statements contained in this Section 2 are correct and complete as of the date of this Agreement and will be --------- correct and complete as of the date of closing.
View Source

Related to REPRESENTATIONS AND WARRANTIES BY LESSOR

  • Representations and Warranties by Seller Seller represents and warrants to Buyer as follows:

  • Representations and Warranties by Purchaser The Purchaser represents and warrants to the Seller that:

  • Representations and Warranties by You You represent and warrant that: 2.1.1 You are an insurance company duly organized and in good standing under the laws of your state of incorporation. 2.1.2 All of your directors, officers, employees, and other individuals or entities dealing with the money and/or securities of the Trust are and shall be at all times covered by a blanket fidelity bond or similar coverage for the benefit of the Trust, in an amount not less than $5 million. Such bond shall include coverage for larceny and embezzlement and shall be issued by a reputable bonding company. You agree to make all reasonable efforts to see that this bond or another bond containing such provisions is always in effect, and you agree to notify us in the event that such coverage no longer applies. 2.1.3 Each Account is a duly organized, validly existing segregated asset account under applicable insurance law and interests in each Account are offered exclusively through the purchase of or transfer into a "variable contract" within the meaning of such terms under Section 817 of the Internal Revenue Code of 1986, as amended ("Code") and the regulations thereunder. You will use your best efforts to continue to meet such definitional requirements, and will notify us immediately upon having a reasonable basis for believing that such requirements have ceased to be met or that they might not be met in the future. 2.1.4 Each Account either: (i) has been registered or, prior to any issuance or sale of the Contracts, will be registered as a unit investment trust under the Investment Company Act of 1940 ("1940 Act"); or (ii) has not been so registered in proper reliance upon an exemption from registration under Section 3(c) of the 1940 Act; if the Account is exempt from registration as an investment company under Section 3(c) of the 1940 Act, you will use your best efforts to maintain such exemption and will notify us immediately upon having a reasonable basis for believing that such exemption no longer applies or might not apply in the future. 2.1.5 The Contracts or interests in the Accounts: (i) are or, prior to any issuance or sale will be, registered as securities under the Securities Act of 1933, as amended (the "1933 Act"); or (ii) are not registered because they are properly exempt from registration under Section 3(a)(2) of the 1933 Act or will be offered exclusively in transactions that are properly exempt from registration under Section 4(2) or Regulation D of the 1933 Act, in which case you will make every effort to maintain such exemption and will notify us immediately upon having a reasonable basis for believing that such exemption no longer applies or might not apply in the future.

  • REPRESENTATIONS AND WARRANTIES BY BUYER Buyer hereby represents and warrant as follows:

  • Representations and Warranties of Lessor Lessor represents and warrants for the benefit of DIR and each Lessee: (a) Lessor is an entity authorized and validly existing under the laws of its state of organization, is authorized to do business in Texas, and is not in default as to taxes owed to the State of Texas and any of its political subdivisions; (b) The MOLA and each Schedule executed in conjunction to this MOLA have been duly authorized, executed and delivered by Lessor and constitute valid, legal and binding agreements of Lessor, enforceable with respect to the obligations of Lessor herein in accordance with their terms; (c) No approval, consent or withholding of objection is required from any federal or other governmental authority or instrumentality with respect to the entering into or performance by Lessor of this MOLA or any Schedule; (d) The entering into and performance of the MOLA or any Schedule will not violate any judgment, order, law or regulation applicable to Lessor or result in any breach of, or constitute a default under, or result in the creation of any lien, charge, security interest or other encumbrance upon the assets of Lessor, including the Hardware or Software leased under the MOLA and Schedules thereto, pursuant to any instrument to which Lessor is a party or by which it or its assets may be bound; (e) To the best of Lessor’s knowledge and belief, there are no suits or proceedings pending or threatened against or affecting Lessor, which if determined adversely to Lessor will have a material adverse effect on the ability of Lessor to fulfill its obligations under the MOLA or any Schedule; (f) Lessor acknowledges that DIR and any Lessee that is a state agency, as government agencies, are subject to the Texas Public Information Act, and that DIR and Lessees that are state agencies will comply with such Act, including all opinions of the Texas Attorney General's Office concerning this Act.