Common use of Qualification of Lessee Representations Clause in Contracts

Qualification of Lessee Representations. The representations of the Lessee set forth in this Section are qualified by the conditions that (i) all representations are made and given to the best of the Lessee's knowledge after due inquiry, (ii) where a representation involves compliance by the Lessee with an Applicable Law or an Environmental Law such representation is deemed to be compliance by the Lessee in all material respects with any such law and (iii) where a representation involves conduct on the part of the Lessee that does not violate an Applicable Law or an Environmental Law such representation is deemed to exclude Lessee's non-material violations of any such law.

Appears in 3 contracts

Samples: Master Participation Agreement (Atria Communities Inc), Master Participation Agreement (Eagle Usa Airfreight Inc), Participation Agreement (Eagle Usa Airfreight Inc)

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Qualification of Lessee Representations. The representations of the Lessee set forth in this Section are qualified by the conditions that (i) all representations are made and given to the best of the Lessee's knowledge after due inquiry, (ii) where a representation involves compliance by the Lessee with an Applicable Law or an Environmental Law such representation is deemed to be as to compliance by the Lessee in all material respects with any such law and (iii) where a representation involves conduct on the part of the Lessee that does not violate an Applicable Law or an Environmental Law such representation is deemed to exclude Lessee's non-material violations of any such law.

Appears in 1 contract

Samples: Participation Agreement (STB Systems Inc)

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Qualification of Lessee Representations. The representations of the Lessee set forth in this Section are qualified by the conditions that (i) all representations are made and given to the best of the Lessee's knowledge after due inquiryknowledge, (ii) where a representation involves compliance by the Lessee with an Applicable Law or an Environmental Law such representation is deemed to be compliance by the Lessee in all material respects with any such law and (iii) where a representation involves conduct on the part of the Lessee that does not violate an Applicable Law or an Environmental Law such representation is deemed to exclude Lessee's non-material violations of any such law.

Appears in 1 contract

Samples: Participation Agreement (Huffy Corp)

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