Common use of Representatives and Warranties Clause in Contracts

Representatives and Warranties. The Lender hereby covenants and represents to the City as follows: a) The Lender is a duly organized and existing CORPORATION currently in good standing under the laws under which it was formed. b) The Lender has become familiar with the general Program description as contained in the document entitled a City of Porterville First Time Low Income Home Buyer Loan Program Guidelines and is familiar with the unique underwriting requirements of the Program as outlined in the Lender’s