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

Representations and Warranties of the Paying Agent. The Paying Agent represents and warrants to Continental, the Investors, the Escrow Agent and the Pass Through Trustee as follows: (i) it is a national banking association duly organized and validly existing in good standing under the laws of its jurisdiction of incorporation;

Appears in 3 contracts

Sources: Escrow and Paying Agent Agreement (Continental Airlines Inc /De/), Escrow and Paying Agent Agreement (Continental Airlines Inc /De/), Escrow and Paying Agent Agreement (Continental Airlines Inc /De/)

Representations and Warranties of the Paying Agent. The Paying Agent represents and warrants to Continental, the Investors, the Escrow Agent and the Pass Through Trustee as follows: (i) it is a national Delaware banking association company duly organized and validly existing in good standing under the laws of its jurisdiction of incorporation; (ii) it has full power, authority and legal right to conduct its business and operations as currently conducted and to enter into and perform its obligations under this Agreement;

Appears in 3 contracts

Sources: Escrow and Paying Agent Agreement (Continental Airlines Inc /De/), Escrow and Paying Agent Agreement (Continental Airlines Inc /De/), Escrow and Paying Agent Agreement (Continental Airlines Inc /De/)

Representations and Warranties of the Paying Agent. The Paying Agent represents and warrants to Continental, the Investors, the Escrow Agent and the Pass Through Trustee as follows: (i) it is a national Delaware banking association company duly organized and validly existing in good standing under the laws of its jurisdiction of incorporation;

Appears in 1 contract

Sources: Escrow and Paying Agent Agreement (Continental Airlines Inc /De/)