Lessor’s Representations Sample Clauses
Lessor’s Representations. Lessor hereby represents and warrants to the best of Lessor's knowledge that the Premises are, as of the date of this Lease, in compliance with all Hazardous Material Laws.
Lessor’s Representations. Lessor represents and warrants that it has the right to lease the Equipment as provided in this Agreement and that Lessee shall be entitled to quietly hold and possess the Equipment, and Lessor will not interfere with that right as long as Lessee pays the Rent in a timely manner and performs all other obligations under this Agreement. Lessor represents and warrants that the Equipment shall be free and clear from and against all claims, liens, encumbrances, and legal processes of creditors of Lessor or others claiming by or through Lessor.
Lessor’s Representations. 9.1.1 Lessor is a school district, duly organized and existing under the laws of the State of California. Xxxxxx has the full power and authority to enter, to execute, and to deliver this Lease, and to perform all of its duties and obligations hereunder.
9.1.2 Lessor has duly authorized the execution of this Lease. Lessor’s representative executing this Lease is fully authorized to execute the same.
9.1.3 Neither the execution and delivery of this Lease, nor the fulfillment of or compliance with the terms and conditions of this lease, conflicts with or results in a breach or default (with due notice or the passage of time, or both) under the organizational instruments of Lessor or any applicable law or administrative rule or regulation, or any applicable court or administrative decree or order, or a breach of any of the terms, conditions or provisions of any restriction or any agreement or instrument to which Lessor is now a party or by which Lessor is bound, or constitutes a default under any of the foregoing, or results in the creation or imposition of any lien, charge or encumbrance whatsoever upon any of the property or assets of the Lessor, except Permitted Encumbrances, as that term is defined in the Facilities Lease.
9.1.4 Lessor is aware of no action, suit, proceeding, inquiry, or investigation pending or threatened in any court or in any federal, state, or municipal administrative body which, if determined adversely to Lessor or its interests, would have a material and adverse effect upon Xxxxxx’s ability to consummate or perform the transactions and obligations contemplated by, or validity of, this Lease or the Facilities Lease. Lessor is not in default with respect to any order or decree of any court or any order, regulation, or demand of any federal, state, or municipal administrative body which default might have consequences that would have a material and adverse effect upon Xxxxxx’s ability to consummate or perform the transactions and obligations contemplated by, or validity of, this Lease or the Facilities Lease.
9.1.5 The Lessor is in compliance with all laws, regulations, and ordinances for the purposes of construction of the facilities pursuant to the Facilities Lease, including without limitation, any local environmental ordinances or requirements under the California Environmental Quality Act (Public Resources Code, sections 21000 et seq.) (“CEQA”).
9.1.6 To the best of Xxxxxx’s knowledge, there are no plans or contemplation by anothe...
Lessor’s Representations. Lessor represents and warrants that (a) Lessor has full partnership authority to grant to the Lessee the leasehold interest described in this Lease, and (b) that this Lease has been duly authorized by all necessary partnership action on behalf of Lessor and by all necessary trust action on behalf of the general partner of Lessor.
Lessor’s Representations. Lessor represents, warrants and covenants that:
(a) Lessor is lawfully seized of the Leased Premises and no other party has any right or option thereto or in connection therewith;
(b) Lessor has full right and power to enter into this Lease with respect to the Leased Premises;
(c) The Leased Premises are free from all encumbrances except those set out in Exhibit "B" attached hereto and incorporated herein;
(d) There are no restrictions or stipulations or planning or zoning ordinances, laws, regulations or restrictions now in effect with respect to the Leased Premises that would prevent the construction and operation of a banking facility with a three (3) lane drive-thru window;
(e) To the best of Lessor's knowledge, there are no environmental defects at, on or under the Leased Premises, and Lessor will provide Lessee with copies of all environmental studies it has obtained on the Leased Premises;
(f) There are no pending or, to the best knowledge of Lessor, threatened condemnation proceedings or actions affecting the Leased Premises;
(g) There are no pending or, to the best knowledge of Lessor, threatened actions or legal proceedings affecting the Leased Premises or Lessor's interest therein;
(h) There are no unpaid special assessments for sewer, sidewalk, water, paving, electrical or power improvements or other capital expenditures or improvements, matured or unmatured;
(i) Lessor is not aware of any facts or circumstances which would materially adversely affect the use or value of the Leased Premises;
(j) Lessor, to the best of Lessor's knowledge, knows of no reason why the ground would not be suitable for construction of a banking facility with a three (3) lane drive-thru window;
(k) Lessor is not obligated on any contract, lease or other agreement, written or oral, with respect to the ownership, use, operation or maintenance of the Leased Premises, other than contracts, leases and agreements which have been disclosed to Lessee in writing;
(l) The Leased Premises has access through the private street system constructed by Lessor as show on Exhibit "A", which private street system provides a valid means of ingress and egress to and from the Leased Premises, sufficient for Lessee's proposed use;
(m) The Leased Premises has direct legal access to all utilities at or within the boundaries of the Leased Premises of sufficient capacity and type for Lessee's proposed use; and
(n) Lessee's use of the Leased Premises as a banking facility with a three (3) lane d...
Lessor’s Representations. As an exception to the foregoing, LESSOR represents, warrants and covenants as follows:
(1) LESSOR has the lawful right to lease the Aircraft to LESSEE in accordance with the terms of this Lease;
(2) LESSOR is a corporation duly organized and existing in good standing under the laws of Delaware and has the corporate power and authority to carry on its business as presently conducted and to execute, deliver and perform its obligations under this Lease and all other Lease Documents to which LESSOR is a party;
(3) This Lease and all other Lease Documents to which LESSOR is a party have been duly authorized by all necessary corporate action on the part of LESSOR, do not require any approval of the stockholder of LESSOR (or if such approval is required, such approval has been obtained), and neither the execution and delivery hereof nor the consummation of the transactions contemplated hereby nor compliance by LESSOR with any of the terms and provisions hereof will contravene any Law applicable to LESSOR or result in any breach of, or constitute any default under, or result in the creation of any Lien other than to the Mortgagee upon any property of LESSOR under, any indenture, mortgage, chattel mortgage, deed of trust, conditional sales contract, bank loan or credit agreement, corporate charter or by-law, or other agreement or instrument to which LESSOR is a party or by which LESSOR or its properties or assets may be bound or affected;
(4) This Lease and all other Lease Documents to which LESSOR is a party have been duly entered into and delivered by LESSOR and constitute the valid, legal and binding obligations of LESSOR, enforceable in accordance with their terms, except as such enforceability may be limited by bankruptcy, moratorium, reorganization and similar Laws and by general principles of equity, whether considered in a proceeding at Law or in equity; and
(5) LESSOR has good title to the Aircraft. THE REPRESENTATIONS, WARRANTIES AND COVENANTS SET FORTH IN THIS SECTION 6(B) CONSTITUTE THE SOLE EXCEPTION TO SUBSECTION 6(A) AND ARE EXCLUSIVE AND IN LIEU OF ALL OTHER REPRESENTATIONS AND WARRANTIES OF LESSOR EXPRESS OR IMPLIED.
Lessor’s Representations. 23 6.4 Lessee's Representations.....................................23 6.5 Lessor's Lien................................................23
Lessor’s Representations. The Lessor represents and warrants that, to the best of the Lessor’s knowledge but with no investigation on the part of the Lessor, the Lease is in good standing as of the date of this agreement.
Lessor’s Representations. Lessor hereby represents and warrants that the Premises are, as of the date of this Lease and will be on the Commencement Date, in compliance with all Hazardous Material Laws.
Lessor’s Representations. Lessor is a California Corporation validly existing and in good standing under the laws of the State of California. Lessor, and the undersigned representative of Lessor, has the requisite power and authority to enter into this Agreement. The execution and delivery by Lessor of this Agreement and any and all such related documents, and the performance by Lessor of its obligations contemplated hereby and thereby have been duly authorized by Lessor and do not violate the terms of any other agreements to which is a party, including any internal operating agreements of Lessor.