GSSIF Senior Lender Clause Samples

GSSIF Senior Lender. GSSIF Senior Lender hereby represents and warrants as follows: (i) Exhibit A attached hereto and made a part hereof is a true, correct and complete listing of the principal GSSIF Senior Loan Documents as of the date hereof. To GSSIF Senior Lender’s knowledge, there currently exists no default or event which, with the giving of notice or the lapse of time, or both, would constitute a default under any of the GSSIF Senior Loan Documents. (ii) GSSIF Senior Lender is the legal and beneficial owner of the entire GSSIF Senior Loan free and clear of any lien, security interest, option or other charge or encumbrance. (iii) There are no conditions precedent to the effectiveness of this Agreement that have not been satisfied or waived. (iv) GSSIF Senior Lender has, independently and without reliance upon NT Senior Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into the GSSIF Senior Loan Documents and this Agreement. (v) GSSIF Senior Lender is duly organized and is validly existing under the laws of the jurisdiction under which it was organized with full power to execute, deliver, and perform this Agreement and consummate the transactions contemplated hereby. (vi) All actions necessary to authorize the execution, delivery, and performance of this Agreement on behalf of GSSIF Senior Lender have been duly taken, and all such actions continue in full force and effect as of the date hereof. (vii) GSSIF Senior Lender has duly executed and delivered this Agreement and this Agreement constitutes the legal, valid, and binding agreement of GSSIF Senior Lender enforceable against GSSIF Senior Lender in accordance with its terms subject to (x) applicable bankruptcy, reorganization, insolvency and moratorium laws and (y) general principles of equity which may apply regardless of whether a proceeding is brought in law or in equity.