Common use of Representations and Warranties of the Collateral Agent Clause in Contracts

Representations and Warranties of the Collateral Agent. The Collateral Agent represents and warrants that: (a) the Collateral Agent is duly organized and validly existing under the laws of the jurisdiction of its organization; (b) the Collateral Agent has full power and authority to deliver and perform this Agreement and has taken all necessary action to authorize the execution, delivery and performance by it of this Agreement and each other Basic Document to which it is a party; (c) each of this Agreement and each other Basic Document to which it is a party has been duly executed and delivered by the Collateral Agent and constitutes its legal, valid and binding obligation in accordance with its terms, except as such enforceability may be limited by Insolvency Laws and except as such enforceability may be limited by general principles of equity (whether considered in a suit at law or in equity); and (d) the Collateral Agent meets the eligibility requirements set forth in Section 13.10.

Representations and Warranties of the Collateral Agent. The Collateral Agent represents and warrants that: : (a) the Collateral Agent is duly organized and validly existing under the laws of the jurisdiction of its organization; ; (b) the Collateral Agent has full power and authority to deliver and perform this Agreement and has taken all necessary action to authorize the execution, delivery and performance by it of this Agreement and each other Basic Document to which it is a party; ; (c) each of this Agreement and each other Basic Document to which it is a party has been duly executed and delivered by the Collateral Agent and constitutes its legal, valid and binding obligation in accordance with its terms, except as such enforceability may be limited by Insolvency Laws and except as such enforceability may be limited by general principles of equity (whether considered in a suit at law or in equity); and and (d) the Collateral Agent meets the eligibility requirements set forth in Section 13.10.