Common use of Covenants, Representations and Warranties of the Parties Clause in Contracts

Covenants, Representations and Warranties of the Parties. 2.1 Except as expressly amended by Section 1 hereof, the Agreement remains unaltered and in full force and effect. Each of the Parties hereby reaffirms all terms and covenants made in the Agreement as amended hereby. 2.2 Each of the Parties hereby represents and warrants to the other that (a) this First Amendment constitutes the legal, valid and binding obligation of such Party, enforceable against such Party in accordance with its terms, and (b) the execution and delivery by such Party of this First Amendment has been duly authorized by all requisite corporate action on the part of such Party and will not violate any provision of the organizational documents of such Party.

Appears in 3 contracts

Samples: Master Repurchase Agreement (Aames Financial Corp/De), Master Repurchase Agreement (Aames Financial Corp/De), Master Repurchase Agreement (Aames Financial Corp/De)

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Covenants, Representations and Warranties of the Parties. 2.1 Except as expressly amended by Section 1 hereof, the Agreement remains unaltered and in full force and effect. Each of the Parties Party hereby reaffirms all terms and covenants made in the Agreement as amended hereby. 2.2 Each of the Parties hereby represents and warrants to the other parties that (a) this First Second Amendment constitutes the legal, valid and binding obligation of such Party, enforceable against such Party in accordance with its terms, and (b) the execution and delivery by such Party of this First Fourth Amendment has been duly authorized by all requisite corporate action on the part party of such Party and will not violate any provision of the organizational documents of such Party.

Appears in 1 contract

Samples: Master Repurchase Agreement (Aames Financial Corp/De)

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