Common use of Representations of Assignee Clause in Contracts

Representations of Assignee. Assignee covenants, warrants and represents the following to Assignor, which covenants, representations and warranties shall be continuing covenants, representations and warranties: A. The execution, delivery and performance of this Assignment has been duly and validly authorized and is legally binding and enforceable against Assignee in accordance with its terms; and B. The execution and delivery of this Assignment by Assignee and the consummation of the transactions contemplated hereby do not violate, conflict with, contravene or result in a breach of the terms, conditions and provisions of any instrument executed by Assignee or by which Assignee is bound.