Common use of Representations and Covenants of the Indenture Trustee Clause in Contracts

Representations and Covenants of the Indenture Trustee. The ------------------------------------------------------ Indenture Trustee represents, warrants and covenants that: (i) the Indenture Trustee is a banking corporation duly organized and validly existing under the laws of the State of New York; (ii) The Indenture Trustee has full power and authority to deliver and perform this Indenture and has taken all necessary action to authorize the execution, delivery and performance by it of this Indenture and other Transaction Documents to which it is a party; and (iii) Each of this Indenture and the other Transaction Documents to which it is a party has been duly executed and delivered by the Indenture Trustee and constitutes its legal, valid and binding obligation in accordance with its terms.

Appears in 3 contracts

Samples: Master Indenture (Spiegel Inc), Master Indenture (Spiegel Master Trust), Master Indenture (Spiegel Master Trust)

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Representations and Covenants of the Indenture Trustee. The ------------------------------------------------------ Indenture Trustee represents, warrants and covenants that: (i) the Indenture Trustee is a banking corporation _________________ duly organized and validly existing under the laws of the State of New York_______________; (ii) The Indenture Trustee has full power and authority to deliver and perform this Indenture and has taken all necessary action to authorize the execution, delivery and performance by it of this Indenture and other Transaction Documents to which it is a party; and (iii) Each of this Indenture and the other Transaction Documents to which it is a party has been duly executed and delivered by the Indenture Trustee and constitutes its legal, valid and binding obligation in accordance with its terms.

Appears in 1 contract

Samples: Master Indenture (Advanta Business Recievables Corp)

Representations and Covenants of the Indenture Trustee. The ------------------------------------------------------ Indenture Trustee represents, warrants and covenants that: (i) the The Indenture Trustee is a New York banking corporation duly organized and validly existing under the laws of the State of New York; (ii) The Indenture Trustee has full power and authority to deliver and perform this Indenture and has taken all necessary action to authorize the execution, delivery and performance by it of this Indenture and the other Transaction Issuing Entity Documents to which it is a party; and (iii) Each of this Indenture and the other Transaction Issuing Entity Documents to which it is a party has been duly executed and delivered by the Indenture Trustee and constitutes its legal, valid and binding obligation in accordance with its terms.

Appears in 1 contract

Samples: Indenture (Navistar International Corp)

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Representations and Covenants of the Indenture Trustee. The ------------------------------------------------------ Indenture Trustee represents, warrants and covenants that: (i) the The Indenture Trustee is a banking corporation duly organized and validly existing under the laws of the State of New York; (ii) The Indenture Trustee has full power and authority to deliver and perform this Indenture and has taken all necessary action to authorize the execution, delivery and performance by it of this Indenture and other Transaction Documents documents to which it is a party; and (iii) Each of this Indenture and the other Transaction Documents documents to which it is a party has been duly executed and delivered by the Indenture Trustee and constitutes its legal, valid and binding obligation in accordance with its terms.

Appears in 1 contract

Samples: Indenture (Mbna Credit Card Master Note Trust)

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