REPRESENTATIONS AND WARRANTIES 48. Section 5.1 Existence, Qualification and Power; Compliance with Laws 48 Section 5.2 Authorization; No Contravention 48 Section 5.3 Governmental Authorization 48 Section 5.4 Binding Effect 48 Section 5.5 Financial Statements; No Material Adverse Effect 48 Section 5.6 Litigation 49 Section 5.7 No Default 49 Section 5.8 Ownership of Property; Liens 49 Section 5.9 Environmental Compliance 49 Section 5.10 Insurance 50 Section 5.11 Taxes 50 Section 5.12 ERISA Compliance 50 Section 5.13 Subsidiaries 50 Section 5.14 Disclosure 51 Section 5.15 Compliance with Laws 51 Section 5.16 Margin Regulations; Investment Company Act. 51 Section 5.17 Collateral Matters 51 Section 5.18 Rights in Collateral; Priority of Liens 51 ARTICLE VI AFFIRMATIVE COVENANTS 51 Section 6.1 Financial Statements 52 Section 6.2 Certificates; Other Information 53 Section 6.3 Notices 54 Section 6.4 Payment of Obligations 55 Section 6.5 Preservation of Existence, Etc 55 Section 6.6 Maintenance of Properties 55 Section 6.7 Maintenance of Insurance 55 Section 6.8 Compliance with Laws 56 Section 6.9 Books and Records 56 Section 6.10 Inspection Rights 56 Section 6.11 Use of Proceeds 56 Section 6.12 Financial Covenants 56 Section 6.13 Additional Borrowers 57 Section 6.14 Collateral Records 57 Section 6.15 Security Interests 57 ARTICLE VII NEGATIVE COVENANTS 58 Section 7.1 Liens 58 Section 7.2 Investments 59 Section 7.3 Indebtedness 60 Section 7.4 Fundamental Changes 60 Section 7.5 Dispositions 61 Section 7.6 Restricted Payments 61 Section 7.7 Change in Nature of Business 62 Section 7.8 Transactions with Affiliates 62 Section 7.9 Margin Regulations 62 Section 7.10 Change of Control 62 Section 7.11 CommerzBank Debt 63 Section 7.12 Change in Legal Name or State of Formation 63
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REPRESENTATIONS AND WARRANTIES 48. Section 5.1 Existence, Existence and Qualification and Power; Compliance with Laws 48 NAI-1513461614v2 38866549 Section 5.2 AuthorizationAuthority; No Contravention Noncontravention 48 Section 5.3 Governmental Authorization Financial Position 48 Section 5.4 Binding Effect 48 Payment of Taxes 49 Section 5.5 Financial StatementsAccuracy of Submitted Information; No Material Adverse Effect 48 Omissions 49 Section 5.6 Litigation Government Contracts/Government Subcontracts 49 Section 5.7 No Default Defaults or Liabilities 49 Section 5.8 Ownership No Violations of Property; Liens Law 49 Section 5.9 Environmental Compliance Litigation and Proceedings 49 Section 5.10 Insurance Security Interest in the Collateral 50 Section 5.11 Taxes Principal Place of Business; Location of Books and Records 50 Section 5.12 ERISA Compliance Fiscal Year 50 Section 5.13 Subsidiaries Pension Plans 50 Section 5.14 Disclosure O.S.H.A., XXX and Environmental Compliance 51 Section 5.15 Compliance with Laws Intellectual Property 51 Section 5.16 Margin Existing or Pending Defaults; Material Contracts 52 Section 5.17 Leases and Real Property 52 Section 5.18 Labor Relations 52 Section 5.19 Assignment of Contracts 52 Section 5.20 Contribution Agreement 52 Section 5.21 Registered Names 52 Section 5.22 Ownership of the VSE Entities 52 Section 5.23 Solvency 52 Section 5.24 Foreign Assets Control Regulations; , Etc. 53 Section 5.25 Federal Reserve Regulations 53 Section 5.26 Commercial Tort Claims 53 Section 5.27 Letter of Credit Rights 53 Section 5.28 Investment Company Act. 51 Section 5.17 Collateral Matters 51 Section 5.18 Rights in Collateral; Priority of Liens 51 ARTICLE VI AFFIRMATIVE COVENANTS 51 Section 6.1 Financial Statements 52 Section 6.2 Certificates; Other Information Act 53 Section 6.3 Notices 54 5.29 [Reserved] 53 Section 6.4 Payment 5.30 EEA Financial Institution. 53 Section 5.31 Margin Stocks. 53 Section 5.32 Survival of Obligations 55 Representations and Warranties 53 Section 6.5 Preservation of Existence, Etc 55 Section 6.6 Maintenance of Properties 55 Section 6.7 Maintenance of Insurance 55 Section 6.8 Compliance with Laws 56 Section 6.9 Books and Records 56 Section 6.10 Inspection Rights 56 Section 6.11 Use of Proceeds 56 Section 6.12 Financial Covenants 56 Section 6.13 Additional Borrowers 57 Section 6.14 Collateral Records 57 Section 6.15 Security Interests 57 ARTICLE VII NEGATIVE COVENANTS 58 Section 7.1 Liens 58 Section 7.2 Investments 59 Section 7.3 Indebtedness 60 Section 7.4 Fundamental Changes 60 Section 7.5 Dispositions 61 Section 7.6 Restricted Payments 61 Section 7.7 Change in Nature of Business 62 Section 7.8 Transactions with Affiliates 62 Section 7.9 Margin Regulations 62 Section 7.10 Change of Control 62 Section 7.11 CommerzBank Debt 63 Section 7.12 Change in Legal Name or State of Formation 635.33 Beneficial Ownership Certification 53
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REPRESENTATIONS AND WARRANTIES 48. Section 4.1 Borrower Representations 48 Section 4.2 Survival of Representations 56 BORROWER COVENANTS 56 Section 5.1 Existence, Qualification and Power; Compliance with Laws 48 Section 5.2 Authorization; No Contravention 48 Section 5.3 Governmental Authorization 48 Section 5.4 Binding Effect 48 Section 5.5 Financial Statements; No Material Adverse Effect 48 Section 5.6 Litigation 49 Section 5.7 No Default 49 Section 5.8 Ownership of Property; Liens 49 Section 5.9 Environmental Compliance 49 Section 5.10 Insurance 50 Section 5.11 Taxes 50 Section 5.12 ERISA Compliance 50 Section 5.13 Subsidiaries 50 Section 5.14 Disclosure 51 Section 5.15 Compliance with Laws 51 Section 5.16 Margin Regulations; Investment Company Act. 51 Section 5.17 Collateral Matters 51 Section 5.18 Rights in Collateral; Priority of Liens 51 ARTICLE VI AFFIRMATIVE COVENANTS 51 Section 6.1 Financial Statements 52 Section 6.2 Certificates; Other Information 53 Section 6.3 Notices 54 Section 6.4 Payment of Obligations 55 Section 6.5 Preservation of Existence, Etc 55 Section 6.6 Maintenance of Properties 55 Section 6.7 Maintenance of Insurance 55 Section 6.8 Compliance with Laws 56 Section 6.9 Books and Records 56 Section 6.10 Inspection Rights 56 Section 6.11 Use of Proceeds 56 Section 6.12 Financial Affirmative Covenants 56 Section 6.13 Additional Borrowers 57 5.2 Negative Covenants 66 ARTICLE 6 INSURANCE; CASUALTY; CONDEMNATION; REQUIRED REPAIRS 73 Section 6.14 Collateral Records 57 6.1 Insurance 73 Section 6.15 Security Interests 57 6.2 Casualty 76 Section 6.3 Condemnation 77 Section 6.4 Restoration 77 ARTICLE VII NEGATIVE COVENANTS 58 7 RESERVE FUNDS 81 Section 7.1 Liens 58 Intentionally Omitted 81 Section 7.2 Investments 59 Tax and Insurance Escrow Funds 81 Section 7.3 Indebtedness 60 Intentionally Omitted 83 Section 7.4 Fundamental Changes 60 Rollover Reserve 83 Section 7.5 Dispositions 61 Alaris Reserve Funds 84 Section 7.6 Restricted Payments 61 Reserve Funds, Generally 86 ARTICLE 8 DEFAULTS 87 Section 7.7 Change in Nature 8.1 Event of Business 62 Default 87 Section 7.8 Transactions with Affiliates 62 8.2 Remedies 90 ARTICLE 9 SPECIAL PROVISIONS 91 Section 7.9 Margin Regulations 62 9.1 Sale of Note and Securitization 91 Section 7.10 Change 9.2 Securitization Indemnification 93 Section 9.3 Intentionally Omitted 96 Section 9.4 Exculpation 96 Section 9.5 Matters Concerning Manager 98 Section 9.6 Servicer 98 Section 9.7 Restructuring of Control 62 Section 7.11 CommerzBank Debt 63 Section 7.12 Change in Legal Name or State of Formation 63Loan 99 ARTICLE 10
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REPRESENTATIONS AND WARRANTIES 48. Section 4.1 Borrower Representations 48 Section 4.2 Survival of Representations 56 ARTICLE 5 BORROWER COVENANTS 56 Section 5.1 Existence, Qualification and Power; Compliance with Laws 48 Section 5.2 Authorization; No Contravention 48 Section 5.3 Governmental Authorization 48 Section 5.4 Binding Effect 48 Section 5.5 Financial Statements; No Material Adverse Effect 48 Section 5.6 Litigation 49 Section 5.7 No Default 49 Section 5.8 Ownership of Property; Liens 49 Section 5.9 Environmental Compliance 49 Section 5.10 Insurance 50 Section 5.11 Taxes 50 Section 5.12 ERISA Compliance 50 Section 5.13 Subsidiaries 50 Section 5.14 Disclosure 51 Section 5.15 Compliance with Laws 51 Section 5.16 Margin Regulations; Investment Company Act. 51 Section 5.17 Collateral Matters 51 Section 5.18 Rights in Collateral; Priority of Liens 51 ARTICLE VI AFFIRMATIVE COVENANTS 51 Section 6.1 Financial Statements 52 Section 6.2 Certificates; Other Information 53 Section 6.3 Notices 54 Section 6.4 Payment of Obligations 55 Section 6.5 Preservation of Existence, Etc 55 Section 6.6 Maintenance of Properties 55 Section 6.7 Maintenance of Insurance 55 Section 6.8 Compliance with Laws 56 Section 6.9 Books and Records 56 Section 6.10 Inspection Rights 56 Section 6.11 Use of Proceeds 56 Section 6.12 Financial Affirmative Covenants 56 Section 6.13 Additional Borrowers 57 5.2 Negative Covenants 66 ARTICLE 6 INSURANCE; CASUALTY; CONDEMNATION; REQUIRED REPAIRS 73 Section 6.14 Collateral Records 57 6.1 Insurance 73 Section 6.15 Security Interests 57 6.2 Casualty 76 Section 6.3 Condemnation 77 Section 6.4 Restoration 77 ARTICLE VII NEGATIVE COVENANTS 58 7 RESERVE FUNDS 81 Section 7.1 Liens 58 Intentionally Omitted 81 Section 7.2 Investments 59 Tax and Insurance Escrow Funds 81 Section 7.3 Indebtedness 60 Intentionally Omitted 83 Section 7.4 Fundamental Changes 60 Rollover Reserve 83 Section 7.5 Dispositions 61 Alaris Reserve Funds 84 Section 7.6 Restricted Payments 61 Reserve Funds, Generally 86 ARTICLE 8 DEFAULTS 87 Section 7.7 Change in Nature 8.1 Event of Business 62 Default 87 Section 7.8 Transactions with Affiliates 62 8.2 Remedies 90 ARTICLE 9 SPECIAL PROVISIONS 91 Section 7.9 Margin Regulations 62 9.1 Sale of Note and Securitization 91 Section 7.10 Change 9.2 Securitization Indemnification 93 Section 9.3 Intentionally Omitted 96 Section 9.4 Exculpation 96 Section 9.5 Matters Concerning Manager 98 Section 9.6 Servicer 98 Section 9.7 Restructuring of Control 62 Section 7.11 CommerzBank Debt 63 Section 7.12 Change in Legal Name or State of Formation 63Loan 99
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