Representations and Warranties of SUBI Trustee Clause Samples
The 'Representations and Warranties of SUBI Trustee' clause sets out the specific statements and assurances that the SUBI Trustee makes regarding its authority, capacity, and compliance with relevant laws in connection with the agreement. Typically, this clause will confirm that the SUBI Trustee is duly organized, has the power to enter into the transaction, and that its actions do not violate any governing documents or legal requirements. By including these representations and warranties, the clause provides assurance to the other parties that the SUBI Trustee is legally able and properly authorized to perform its obligations, thereby reducing the risk of disputes or invalid transactions.
Representations and Warranties of SUBI Trustee. The SUBI Trustee hereby makes the following representations and warranties on which the Settlor and Initial Beneficiary, each of their permitted assignees and each holder of the Transaction SUBI Certificate may rely: