Common use of Lessee’s Representations Clause in Contracts

Lessee’s Representations. Lessee represents and warrants to Lessor that as of the Effective Date, Lessee is the sole owner(s) of the Leasehold Interest created by the Lease with respect to the Property, and Lessee has not assigned or encumbered (in part or in whole) any rights, claims, defenses or offsets it may have had under the Lease prior to the execution of this Amendment. Other than any mortgage of record in the Official Records of San Mateo County that encumbers the Leasehold Interest as of the Effective Date, Lessee has not granted any party a security interest affecting the Property.