Debtor’s Representations/Warranties Clause Samples
Debtor’s Representations/Warranties. COVENANTS AND AGREEMENTS Each Debtor represents, warrants, covenants and agrees that:
Debtor’s Representations/Warranties. (a) The Collateral is located solely at ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇.
(b) Debtor’s chief executive office is located at ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇.
(c) Debtor’s state of organization is Delaware; Debtor’s name, as shown in its organizational documents, as amended, is exactly as set forth above; and Debtor’s organizational identification number is 2112835.
(d) Debtor’s federal tax identification number is ▇▇-▇▇▇▇▇▇▇.
(e) Debtor’s records concerning the Collateral are located at ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇.
(f) The chattel paper Collateral is located solely at ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇.
(g) No financing statement covering the Collateral is filed in any public office except any financing statement in favor of Secured Party and except the financing statements described on the attached Exhibit A (the “Permitted Liens”).
(h) Debtor owns the Collateral and has the authority to grant this security interest, free from any setoff, claim, restriction, security interest, or encumbrance except liens for taxes not yet due and the Permitted Liens.
(i) Each account and chattel paper in the Collateral is and will be the valid, legally enforceable obligation of a third-party account debtor or obligor.
(j) The chattel paper Collateral is in tangible, not electronic, form and has only one original counterpart. No person, other than Debtor or Secured Party, has actual or constructive possession of any chattel paper Collateral.
