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 to the Issuer and the Secured Parties that it has been duly organized and is validly existing and in good standing under the laws of the State of New York and that this Security Agreement has been duly authorized, executed and delivered by it.

Appears in 2 contracts

Sources: Security Agreement (New Century Financial Corp), Security Agreement (New Century Financial Corp)

Representations and Warranties of the Collateral Agent. The Collateral Agent represents and warrants to the Issuer Company and the Secured Parties that it has been duly organized and is validly existing and in good standing under the laws of the State of New York and that this Security Agreement has been duly authorized, executed and delivered by it.

Appears in 1 contract

Sources: Security Agreement (New Century Financial Corp)