INDUCING REPRESENTATIONS. In order to induce Lender to make the Loans, Borrower makes the following representations and warranties to Lender:
INDUCING REPRESENTATIONS. To induce Lender to enter into this Agreement, Borrower hereby represents and warrants that: (i) Borrower is duly authorized to enter into this Agreement, and this Agreement, upon its execution by Borrower and Lender, will constitute Borrower's legal, valid and binding obligations enforceable in accordance with its terms against Borrower; (ii) after giving effect to this Agreement, no Event of Default exists; (iii) no present right of setoff, counterclaim, recoupment claim, claim, cause or action or defense exists in Borrower's favor in respect of its payment or performance of any Obligations or arising from any action (or inaction) of Lender; and (iv) except as modified by this Agreement, all terms of the Loan Agreement and each Loan Document are in full force and effect as originally stated.
INDUCING REPRESENTATIONS. To induce Lender to enter into this Agreement, Borrower hereby represents and warrants that: (i) Borrower is duly authorized to enter into this Agreement, and this Agreement, upon its execution by Borrower and Lender, will constitute Borrower’s legal, valid and binding obligations enforceable in accordance with its terms against Borrower; (ii) after giving effect to this Agreement, no Event of Default exists; (iii) no present right of set off, counterclaim, recoupment claim or defense exists in Borrower’s favor in respect of its payment or performance of any Obligations; and (iv) except as modified by this Agreement, all terms of the Loan Agreement and each Loan Document shall remain in full force and effect.
INDUCING REPRESENTATIONS. In order to induce Lenders to make the Loans, each Loan Party makes the following representations and warranties to Lenders on the date hereof and on the date of issuance of the Warrant:
INDUCING REPRESENTATIONS. To induce the Agent and the Lenders to enter into this Agreement, each Borrower hereby represents and warrants that: (a) such Borrower is duly authorized to enter into this Agreement, and this Agreement, upon its execution by such Borrower, the Agent and each Lender, will constitute such Borrower’s legal, valid and binding obligations enforceable in accordance with its terms against such Borrower; (b) after giving effect to this Agreement, no Default or Event of Default exists; (c) no present right of setoff, counterclaim, recoupment claim or defense exists in such Borrower’s favor in respect of its payment or performance of any Obligations; and (d) except as modified by this Agreement, all terms of the Credit Agreement and each Loan Document shall remain in full force and effect.
INDUCING REPRESENTATIONS. (a) Pledgor represents and warrants to Pledgee that:
INDUCING REPRESENTATIONS. In order to induce Lender to make the Loans, each Loan Party makes the following representations and warranties to Lender:
INDUCING REPRESENTATIONS. As an inducement to the Agent and the ------------------------ Lessors to execute and deliver this Amendment, the Lessee represents and warrants that (i) immediately before and after giving effect to the Merger and this Amendment, no default under the Lease or any of the Prior Debt Agreements (which term for this purpose shall be deemed to include the Old Credit Agreement prior to the Merger and the New Credit Agreement after the Merger) shall have occurred and be continuing, and (ii) it has full corporate power and authority to execute, deliver and perform its obligations under this Amendment; its execution, delivery and performance of this Amendment have been duly authorized by all necessary actions to be taken; and this Amendment constitutes its legal, valid and binding obligation, enforceable against it in accordance with the terms hereof, except as enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors' rights generally and by general principles of equity.
INDUCING REPRESENTATIONS. In order to induce Lender to make the Term Loan, Borrower (and where the context requires, Borrower's Parent) makes the following representations and warranties to Lender as of the Closing Date, each and all of which shall survive the execution and delivery of this Master Agreement:
INDUCING REPRESENTATIONS. Section 4.1 Borrower's state of incorporation: Texas.
