Borrower a Participating Subsidiary; Validity of Note. The Borrower warrants that at the date of this Agreement it is a Participating Subsidiary as defined in Section 4 of the Eighth Supplemental Indenture dated as of May 15, 1990, and that the Note, when delivered to the Corporation will be, and when pledged and assigned to the Trustee as security under the Indenture, will continue to be, a legal and valid outstanding obligation of the Borrower.
Appears in 7 contracts
Samples: Loan Agreement (Rollins Truck Leasing Corp), Assignment of Loan Agreement (Rollins Truck Leasing Corp), Loan Agreement (Rollins Truck Leasing Corp)
Borrower a Participating Subsidiary; Validity of Note. The Borrower warrants that at the date of this Agreement it is a Participating Subsidiary as defined in Article I of the Indenture as amended by Section 4 4. of the Eighth Supplemental Indenture dated as of May 15, 1990, and that the Note, when delivered to the Corporation will be, and when pledged and assigned to the Trustee as security under the Indenture, will continue to be, a legal and valid outstanding obligation of the Borrower.
Appears in 1 contract
