Common use of Borrower’s Representations Clause in Contracts

Borrower’s Representations. Borrower hereby represents and warrants to ANFI as of the date hereof as follows: (a) Borrower is the sole owner and holder of the Shares and has the full right to sell the Shares on the terms and conditions set forth herein without consent of any third party. (b) This Agreement constitutes a legal, valid and binding obligation of Borrower enforceable against Borrower in accordance with its terms.