Common use of Loan Party Representations and Warranties Clause in Contracts

Loan Party Representations and Warranties. (a) Borrowers have reviewed the representations and warranties made by, and covenants of, (i) Mortgage Borrowers to and for the benefit of Mortgage Lender contained in the Mortgage Loan Documents, (ii) First Mezzanine Borrowers to and for the benefit of First Mezzanine Lender contained in the First Mezzanine Loan Documents and (iii) Second Mezzanine Borrowers to and for the benefit of Second Mezzanine Lender contained in the Second Mezzanine Loan Documents and all such representations and warranties are true, correct and complete in all material respects.

Appears in 2 contracts

Samples: Third Mezzanine Loan Agreement (Hard Rock Hotel Holdings, LLC), Third Mezzanine Loan Agreement (Morgans Hotel Group Co.)

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Loan Party Representations and Warranties. (a) Borrowers have reviewed the representations and warranties made by, and covenants of, (i) Mortgage Borrowers to and for the benefit of Mortgage Lender contained in the Mortgage Loan Documents, and (ii) First Mezzanine Borrowers to and for the benefit of First Mezzanine Lender contained in the First Mezzanine Loan Documents and (iii) Second Mezzanine Borrowers to and for the benefit of Second Mezzanine Lender contained in the Second Mezzanine Loan Documents and all such representations and warranties are true, correct and complete in all material respects.

Appears in 2 contracts

Samples: Second Mezzanine Loan Agreement (Morgans Hotel Group Co.), Second Mezzanine Loan Agreement (Hard Rock Hotel Holdings, LLC)

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