Common use of Assignor. The Assignor Clause in Contracts

Assignor. The Assignor. (a) represents and warrants that (i) it is the legal and beneficial owner of the Assigned Interest, (ii) the Assigned Interest is free and clear of any lien, encumbrance or other adverse claim, (iii) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Acceptance and to consummate the transactions contemplated hereby and (iv) it is not a Defaulting Lender; and (b) assumes no responsibility with respect to (i) any statements, warranties or representations made in or in connection with the Term Loan Agreement or any other Loan Document, (ii) the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Loan Documents, (iii) the financial condition of the Borrower, any of its Subsidiaries or Affiliates or any other Person obligated in respect of any Loan Document, or (iv) the performance or observance by the Borrower, any of its Subsidiaries or Affiliates or any other Person of any of their respective obligations under any Loan Document.

Appears in 2 contracts

Samples: Term Loan Agreement (Harris Corp /De/), Day Term Loan Agreement (Becton Dickinson & Co)

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Assignor. The Assignor. (a) represents and warrants that (i) it is the legal and beneficial owner of the Assigned Interest, (ii) the Assigned Interest is free and clear of any lien, encumbrance or other adverse claim, (iii) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Acceptance and to consummate the transactions contemplated hereby and (iv) it is not a Defaulting Lender; and (b) assumes no responsibility with respect to (i) any statements, warranties or representations made in or in connection with the Term Bridge Loan Agreement or any other Loan Document, (ii) the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Loan Documents, (iii) the financial condition of the Borrower, any of its Subsidiaries or Affiliates or any other Person obligated in respect of any Loan Document, or (iv) the performance or observance by the Borrower, any of its Subsidiaries or Affiliates or any other Person of any of their respective obligations under any Loan Document.

Appears in 2 contracts

Samples: Day Bridge Term Loan Agreement (Harris Corp /De/), Bridge Term Loan Agreement (Becton Dickinson & Co)

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Assignor. The Assignor. (a) represents and warrants that that: (i) it is the legal and beneficial owner of the Assigned Interest, ; (ii) the Assigned Interest is free and clear of any lien, encumbrance or other adverse claim, ; (iii) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Acceptance Assumption and to consummate the transactions contemplated hereby and (iv) it is not [not] a Defaulting Lender; and (b) assumes no responsibility with respect to to: (i) any statements, warranties or representations made in or in connection with the Term Loan Credit Agreement or any other Loan Document, ; (ii) the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Loan Documents, Documents or any collateral thereunder; (iii) the financial condition of the Borrower, any of its Subsidiaries subsidiaries or Affiliates or any other Person obligated in respect of any Loan Document, ; or (iv) the performance or observance by the Borrower, any of its Subsidiaries or Affiliates or any other Person of any of their respective obligations under any Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Miller Energy Resources, Inc.)

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