Covenants, Representations and Warranties of Seller. 3.1 The Seller hereby represents and warrants that this Amendment has been duly executed and delivered by the Seller. This Amendment is the legal, valid and binding obligation of the Seller, enforceable against the Seller in accordance with its terms subject to bankruptcy, insolvency, and other limitations on creditors’ rights generally and to equitable principles. 3.2 The Seller hereby represents and warrants that, to the best of its knowledge, as of the date hereof, no Event of Default has occurred and is continuing, and no Event of Default will occur as a result of the execution, delivery and performance by the Seller of this Amendment.
Appears in 3 contracts
Samples: Master Repurchase Agreement (Ares Commercial Real Estate Corp), Master Repurchase Agreement (Ares Commercial Real Estate Corp), Master Repurchase Agreement (Ares Commercial Real Estate Corp)
Covenants, Representations and Warranties of Seller. 3.1 4.1 The Seller hereby represents and warrants that this Amendment has been duly executed and delivered by the Seller. This Amendment is the legal, valid and binding obligation of the Seller, enforceable against the Seller in accordance with its terms subject to bankruptcy, insolvency, and other limitations on creditors’ rights generally and to equitable principles.
3.2 4.2 The Seller hereby represents and warrants that, to the best of its knowledge, as of the date hereof, no Event of Default has occurred and is continuing, and no Event of Default will occur as a result of the execution, delivery and performance by the Seller of this Amendment.
Appears in 1 contract
Samples: Master Repurchase Agreement (Ares Commercial Real Estate Corp)