Owner Representations, Warranties and Covenants. Owner represents, warrants and covenants that (i) it is a legal entity duly formed, validly existing, and in good standing under the laws of the jurisdiction of its formation, (ii) it and its affiliates have and will continue to have throughout the term hereof the ability to perform their obligations under this Agreement, (iii) it has all necessary power and authority to execute and deliver this Agreement, (iv) it has read and fully understands Section XV of the Franchise Agreement (attached hereto as Attachment B) as it applies hereunder and (v) during the term of the Franchise Agreement it will not enter into an Operating Agreement for the management of the Hotel that does not comply with the provisions of the Franchise Agreement, unless otherwise approved by Franchisor.
Owner Representations, Warranties and Covenants. Owner hereby represents, warrants and covenants as follows:
Owner Representations, Warranties and Covenants. Owner represents, warrants and covenants to Manager as follows:
Owner Representations, Warranties and Covenants. Owner promises, represents, and warrants to Lessee as follows:
Owner Representations, Warranties and Covenants. (a) Each Owner represents and warrants to NS that, with respect to each such Owner, the following representations and warranties are true and correct as of the date hereof and shall be true and correct as of the Closing Date with the same force and effect as if made at that time:
Owner Representations, Warranties and Covenants. Owner represents, warrants, and covenants to OVG as follows:
Owner Representations, Warranties and Covenants. The Owner hereby represents and warrants to the District that the following is true and accurate on the date the Owner executes this agreement and will be true on the Completion Date or on the completion date arising if the District exercises its rights under section 1.6:
Owner Representations, Warranties and Covenants. Owner represents, warrants and covenants as follows:
a. Any and all residential unit(s) on the Property contain all permits and government approvals needed to lawfully lease/rent any such unit as a vacation rental and Owner shall comply with all federal, state, and local authorities requiring delivery of reports or notices and/or signs or notices.
b. Owner shall maintain at its sole cost and in adequate amounts such insurance as will fully protect Co-Host from any and all claims of whatever kind or nature for damaged property or for personal injury, including death, that may arise from operations related to this Agreement either by Co-Host, any subcontractor, or by anyone directly or indirectly engaged or employed by Owner. Owner agrees to provide Co-Host with proof evidencing the required coverage.
c. The Property is offered in compliance with federal, state, and local anti-discrimination laws.
Owner Representations, Warranties and Covenants
