Administrator’s Representations and Warranties. The Administrator represents and warrants to the Issuer, the Owner Trustee and the Indenture Trustee as of the Closing Date:
Administrator’s Representations and Warranties. The Administrator represents and warrants to the Trust, the Owner Trustee and the Master Collateral Agent as of the date of this Agreement and represents and warrants to the Trust, the Owner Trustee, the Master Collateral Agent and the Indenture Trustee for the related Indenture Series as of the Closing Date for each Series:
Administrator’s Representations and Warranties. (a) Administrator represents and warrants that it shall make Advisor Class shares available, and shall provide services under this Agreement, only to Wrap Fee Accounts, Advisory Fee Accounts or Benefit Plan Accounts;
(b) If Administrator makes available Advisor Class shares to Advisory Fee Accounts, Administrator represents and warrants that (i) it is a financial planner, trust company, bank trust department or registered investment adviser, and (ii) each Investor investing in Advisor Class shares through an Advisory Account made available by the Administrator shall invest at least $10,000 through such Advisory Account;
(c) If Administrator makes available Advisor Class shares to Wrap Fee Accounts, Administrator represents and warrants that (i) it is the sponsor of such Wrap Fee Accounts, and (ii) each Investor investing in Advisor Class shares through a Wrap Fee Account made available by the Administrator shall invest at least $10,000 through such Wrap Fee Account; and
(d) If Administrator makes available Advisor Class shares to Benefit Plan Accounts, Administrator represents and warrants that each employee benefit plan for which a trustee or other fiduciary is purchasing shares is sponsored by an organization which has at least 1,000 employees.
(e) Administrator represents and warrants that (i) it is duly organized and validly existing in good standing under the laws of the jurisdiction in which it is organized, (ii) it has all requisite authority under applicable federal and state laws, and rules and regulations of any securities exchange or regulatory authority to which it is subject, to enter into this Agreement and to perform the services to be provided hereunder, and (iii) if it is a broker-dealer, that it is a member firm in good standing of the National Association of Securities Dealers, Inc. and a broker-dealer registered with the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended.
(f) Administrator represents and warrants that it has disclosed to GT Global every potentially material action, suit, investigation, inquiry, or proceeding (formal or informal) pending or threatened against or affecting the Administrator, by or before any court or other tribunal, any arbitrator, any governmental authority, or any self-regulatory organization to whose authority it is subject. Administrator shall notify GT Global promptly, but in any event within three business days, of the initiation of any such action, suit, invest...
Administrator’s Representations and Warranties. The Administrator represents and warrants, as of the Effective Date and on each Disbursement Date that:
