Representations, Warranties and Covenants of the Contributor Clause Samples
The "Representations, Warranties and Covenants of the Contributor" clause sets out the specific statements of fact, assurances, and ongoing promises that the contributor makes to the other party in an agreement. Typically, this clause will require the contributor to confirm that they have the authority to enter into the agreement, that the assets or rights being contributed are free from undisclosed encumbrances, and that they will perform certain actions or refrain from specific conduct during the term of the agreement. By clearly outlining these obligations and assurances, the clause helps allocate risk and ensures that both parties have a shared understanding of the contributor's responsibilities and the condition of the contributed assets or rights.
Representations, Warranties and Covenants of the Contributor. Contributor hereby makes the following representations, warranties and covenants, each of which is material and being relied upon by the Operating Partnership, each and every one of which is true, correct, and complete, as of the date of this Agreement (unless they expressly provide for a future date), and will be true, correct, and complete as of the Closing Date.
Representations, Warranties and Covenants of the Contributor. As a material inducement to the Operating Partnership to enter into this Agreement and to consummate the transactions contemplated hereby, the Contributor hereby makes to the Operating Partnership, with respect to the Interest, each of the representations and warranties set forth in this Article III, which representations and warranties (unless otherwise noted) are true as of the date hereof. As a condition to the Operating Partnership's obligation to purchase the Interest in exchange of payment of the Consideration.
Representations, Warranties and Covenants of the Contributor. The Contributor hereby represents and warrants to the Depositor as of the Closing Date and each Funding Date (except as otherwise provided):
(a) On the Closing Date, with respect to the Initial Receivables, and on the related Funding Date, with respect to the Subsequent Receivables:
Representations, Warranties and Covenants of the Contributor. The Contributor hereby represents and warrants to the Depositor as of the Restatement Date and each Funding Date (except as otherwise provided):
(a) On the related Funding Date (except as otherwise provided), each of the representations and warranties set forth in Part I of the Schedule of Representations attached hereto as Schedule II is true and correct with respect to the related Subsequent Receivables. Additionally, on the Cutoff Date related to each Funding Date, each of the representations and warranties set forth in Part II of the Schedule of Representations attached hereto as Schedule II is true and correct.
Representations, Warranties and Covenants of the Contributor. The Contributor hereby acknowledges, represents and warrants to, and covenants and agrees with Parent and the Operating Partnership as follows:
Representations, Warranties and Covenants of the Contributor. As a material inducement to the Operating Partnership to enter into this Agreement and to consummate the transactions contemplated hereby, the Contributor hereby makes to the Operating Partnership, with respect to the Interest, each of the representations and warranties set forth in this Article III, which representations and warranties (unless otherwise noted) are true as of the date hereof. As a condition to the Operating Partnership's obligation to consummate the contribution of the Contributor's Interests to the capital of the Operating Partnership, such representations and warranties must be true as of the Closing Date.
Representations, Warranties and Covenants of the Contributor. The Contributor hereby reaffirms to each Funding Agent and each Lender its covenants made to the Borrower in Article V of the Contribution Agreement.
Representations, Warranties and Covenants of the Contributor. As a material inducement to the Operating Partnership to enter into this Agreement and to consummate the transactions contemplated hereby, the Contributor hereby makes to the Operating Partnership, with respect to the Partnership and the Distribution, each of the