Purchaser’s Covenants, Representations and Warranties. (A) As a material inducement to Seller to enter into this Agreement and to sell the Property to Purchaser as set forth herein, Purchaser hereby covenants, warrants and represents to Seller as follows:
Purchaser’s Covenants, Representations and Warranties. As an inducement to Seller entering into this Agreement, Purchaser makes only the following Covenants, representations, and warranties:
Purchaser’s Covenants, Representations and Warranties. The Purchaser covenants, represents and warrants to Seller that:
Purchaser’s Covenants, Representations and Warranties. WEB COPY
Purchaser’s Covenants, Representations and Warranties. 13.1. Purchaser makes the following covenants, representations, and warranties to Seller. Each covenant, representation, and warranty shall survive the execution and delivery of this Agreement and shall be true and correct in all material respects on the Closing Date, and no covenant, representation, or warranty shall be deemed to be merged with the conveyance herein contemplated:
Purchaser’s Covenants, Representations and Warranties. 15. The Purchaser covenants and agrees that this Agreement is subordinate to and postponed to any mortgages, or Court Ordered Charges arranged by UC Leslieville, the Vendor or the Receiver and any advances thereunder from time to time, and to any easement, license or other agreement concerning the Condominium and the Condominium Documents. The Purchaser further agrees to consent to and execute all documentation as may be required by the Vendor in this regard and the Purchaser hereby irrevocably appoints the Vendor as the Purchaser’s attorney to execute any consents or other documents required by the Vendor to give effect to this Paragraph. The Purchaser hereby consents to the Vendor obtaining a consumer’s report containing credit and/or personal information for the purposes of this transaction. The Purchaser further agrees to deliver to the Vendor within ten (10) days of execution of this Agreement and then again from time to time, within ten (10) days of written demand from the Vendor, all necessary financial and personal information required by the Vendor in order to evidence the Purchaser’s ability to pay the balance of the Purchase Price on the Title Transfer Date, including without limitation, written confirmation of the Purchaser’s income and evidence of the source of the payments required to be made by the Purchaser in accordance with this Agreement. Without limiting the generality of the foregoing and notwithstanding any other provision in this Agreement to the contrary, within ten (10) days of written demand from the Vendor, the Purchaser agrees to produce evidence of a satisfactory mortgage approval signed by a lending institution or other mortgagee acceptable to the Vendor confirming that the said lending institution or acceptable mortgagee will be advancing funds to the Purchaser sufficient to pay the balance due on the Title Transfer Date. If the Purchaser fails to provide the mortgage approval as aforesaid, then the Purchaser shall be deemed to be in default under this Agreement. The Vendor may, in its sole discretion, elect to accept in the place of such mortgage commitment, other evidence satisfactory to the Vendor that the Purchaser will have sufficient funds to pay the balance due on the Title Transfer Date.
Purchaser’s Covenants, Representations and Warranties. 12. The Purchaser covenants and agrees that this Agreement is subordinate to and postponed to any mortgages, or Court Ordered Charges arranged by UC Leslieville, the Vendor or the Receiver and any advances thereunder from time to time, and to any easement, license or other agreement concerning the Condominium and the Condominium Documents. The Purchaser further agrees to consent to and execute all documentation as may be required by the Vendor in this regard and the Purchaser hereby irrevocably appoints the Vendor as the Purchaser’s attorney to execute any consents or other documents required by the Vendor to give effect to this paragraph 12.
Purchaser’s Covenants, Representations and Warranties. Purchaser represents and warrants to Seller, and covenants with Seller, with the understanding that each such representation, warranty and covenant (i) is material and being relied upon by Seller, (ii) is made as an inducement to Seller to enter into this Agreement and consummate the transaction contemplated hereby, (iii) is true in all respects as of the date of this Agreement, and (iv) shall be true in all respects on the Closing Date, that:
Purchaser’s Covenants, Representations and Warranties. Purchaser makes the following covenants, representations and warranties to Seller, which covenants, representations and warranties shall be deemed to have been restated on and as of the date of the Closing and the Option Closing.
Purchaser’s Covenants, Representations and Warranties. Purchaser makes the following representations and warranties to Seller: Purchaser is a Florida limited liability company, duly organized, and in good standing under the laws of the State of Florida. This Agreement constitutes the legal, valid, and binding obligation of Purchaser enforceable in accordance with its terms, Purchaser has full power and authority to enter into and perform the terms and conditions of this Agreement, Purchaser has obtained all necessary approvals and consents to the purchase of the Property as contemplated by this Agreement, and the person executing this Agreement for Purchaser is fully and duly empowered and authorized so to act. The compliance with or fulfillment of the terms and conditions of this Agreement will not conflict with, violate, or result in a breach of the terms, conditions, or provisions of, or constitute a default under, any of Purchaser’s organizational documents or any contract or agreement to which Purchaser is a party or by which Purchaser is otherwise bound. There are no pending or, to the knowledge of Purchaser, threatened actions or proceedings against Purchaser that, if determined adversely to Purchaser, would materially adversely affect Purchaser’s ability to perform its obligations under this Agreement or that would enjoin or prevent the consummation of the Closing. None of the representations of Purchaser in this Agreement contain any untrue statement of a material fact or fail to state a material fact necessary in order to make any representation contained herein not misleading in light of the circumstances in which such representation is made. The representations set forth in this Section VIII. are true and correct as of the date of this Agreement and shall survive the Closing.
