REPRESENTATIONS AND WARRANTIES OF THE SPE Sample Clauses

The "Representations and Warranties of the SPE" clause sets out the specific statements of fact and assurances that the Special Purpose Entity (SPE) makes to the other parties in an agreement. These typically include confirmations about the SPE's legal existence, authority to enter into the contract, ownership of assets, and absence of undisclosed liabilities or litigation. By requiring the SPE to make these representations and warranties, the clause provides assurance to counterparties about the SPE's status and reliability, thereby reducing risk and supporting informed decision-making in the transaction.
REPRESENTATIONS AND WARRANTIES OF THE SPE. Except as disclosed in the Prospectus or the schedules hereto, the SPE represents and warrants to the Operating Partnership that the following statements are true and correct as of the Closing Date:
REPRESENTATIONS AND WARRANTIES OF THE SPE. The SPE represents and warrants to each Purchaser/Lender Party as of the Closing Date, on each Settlement Date and on each day that an Investment, Loan or Release shall have occurred:
REPRESENTATIONS AND WARRANTIES OF THE SPE. Except as disclosed in the Prospectus or the schedules attached hereto, the SPE represents and warrants to the REIT that the following statements are true and correct as of the Closing Date:

Related to REPRESENTATIONS AND WARRANTIES OF THE SPE

  • Representations and Warranties of the Seller The Seller hereby represents and warrants to the Purchaser as follows:

  • Representations and Warranties of the Bank The Bank represents and warrants to the Fund that: 3.01 It is a trust company duly organized and existing and in good standing under the laws of the Commonwealth of Massachusetts. 3.02 It is duly qualified to carry on its business in the Commonwealth of Massachusetts. 3.03 It is empowered under applicable laws and by its Charter and By-Laws to enter into and perform this Agreement. 3.04 All requisite corporate proceedings have been taken to authorize it to enter into and perform this Agreement. 3.05 It has and will continue to have access to the necessary facilities, equipment and personnel to perform its duties and obligations under this Agreement.

  • Representations and Warranties of the Company The Company represents and warrants to the Underwriters as follows: