REPRESENTATIONS AND WARRANTIES BY FDB. 24 Section 5.1 FDB Organization..............................................24 Section 5.2 FDB Capitalization............................................25 Section 5.3 Subsidiary Organization.......................................25 Section 5.4 Subsidiary Capitalization.....................................26 Section 5.5 Authorization.................................................26 Section 5.6 Litigation and Regulatory Matters.............................26 Section 5.7 Insurance.....................................................27 Section 5.8 Defaults Under Agreements.....................................27 Section 5.9 Financial Statements and Reports..............................27 Section 5.10 Properties, Contracts, Benefit Plans and Other Agreements.....28 Section 5.11 Disclosures...................................................29 Section 5.12 Effect of Agreement...........................................29 Section 5.13
REPRESENTATIONS AND WARRANTIES BY FDB. FDB hereby represents and warrants to BIF that the following are true and correct as of the date hereof, and will be true and correct as of the Effective Time:
