Common use of Representations and Warranties Concerning Collateral, Etc Clause in Contracts

Representations and Warranties Concerning Collateral, Etc. The Debtor further represents and warrants to the Secured Party as follows: (a) the Debtor is the owner of or has other rights in or power to transfer the Collateral, free from any right or claim or any person or any adverse lien, security interest or other encumbrance, except for the security interest created by this Agreement, (b) none of the Collateral constitutes, or is the proceeds of, "farm products" as defined in Section 9-102(a)(34) of the Uniform Commercial Code of the Territory, (c) none of the account debtors or other persons obligated on any of the Collateral is a governmental authority covered by the Federal Assignment of Claims Act or like federal Security Agreement Sun Vacation Properties Corporation to Xxxxxxxx Xxxxxxxxxxx or Territorial or rule in respect of such Collateral, (d) the Debtor holds no commercial tort claim, and (e) the Debtor has at all times operated its business in compliance with all applicable provisions of the federal Fair Labor Standards Act, as amended, and with all applicable provisions of federal or Territorial statutes and ordinances dealing with the control, shipment, storage or disposal of hazardous materials or substances, (f) all other information set forth on the Perfection Certificate pertaining to the Collateral is accurate and complete, and (g) that there has been no change in any information provided in the Perfection Certificate since the date on which it was executed by the Debtor.

Appears in 1 contract

Samples: Security Agreement (Sun Vacation Properties Corp)

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Representations and Warranties Concerning Collateral, Etc. The Debtor further represents and warrants to the Secured Party as follows: (a) the Debtor is the owner of or has other rights in or power to transfer the Collateral, free from any right or claim or any person or any adverse lien, security interest or other encumbrance, except for the security interest created by this AgreementPermitted Liens, (b) none of the Collateral constitutes, or is the proceeds of, "farm products" as defined in Section 9-102(a)(34) of the Uniform Commercial Code of the TerritoryState, (c) none of the account debtors or other persons obligated on any of the Collateral is a governmental authority covered by the Federal Assignment of Claims Act or like federal Security Agreement Sun Vacation Properties Corporation to Xxxxxxxx Xxxxxxxxxxx federal, state or Territorial local statute or rule in respect of such Collateral, (d) the Debtor holds no commercial tort claimclaim except as indicated in Section 2 hereof or on the Perfection Certificate, and (e) the Debtor has at all times operated its business in compliance with all applicable provisions of the federal Fair Labor Standards Act, as amended, and with all applicable provisions of federal or Territorial federal, state and local statutes and ordinances dealing with the control, shipment, storage or disposal of hazardous materials or substances, (f) all other information set forth on the Perfection Certificate pertaining to the Collateral is accurate and complete, and (g) that there has been no change in any information provided in the Perfection Certificate since the date on which it was executed by the Debtor.

Appears in 1 contract

Samples: Security Agreement (Coactive Marketing Group Inc)

Representations and Warranties Concerning Collateral, Etc. The Debtor further represents and warrants to the Secured Party as follows: (a) the Debtor is the owner of or has other rights in or power to transfer the Collateral, free from any right or claim or any person or any adverse lien, security interest or other encumbrance, except for the security interest created by this Agreement, (b) none of the Collateral constitutes, or is the proceeds of, "farm products" as defined in Section §9-102(a)(34) of the Uniform Commercial Code of the TerritoryState, (c) none of the account debtors or other persons obligated on any of the Collateral is a governmental authority covered by the Federal Assignment of Claims Act or like federal Security Agreement Sun Vacation Properties Corporation to Xxxxxxxx Xxxxxxxxxxx federal, state or Territorial local statute or rule in respect of such Collateral, (d) the Debtor holds no commercial tort claimclaim except as indicated on the Perfection Certificate, and (e) the Debtor has at all times operated its business in compliance with all applicable provisions of the federal Fair Labor Standards Act, as amended, and with all applicable provisions of federal or Territorial federal, state and local statutes and ordinances dealing with the control, shipment, storage or disposal of hazardous materials or substances, (f) all other information set forth on the Perfection Certificate pertaining to the Collateral is accurate and completecomplete in all material respects, and (g) that there has been no material change in any information provided in the Perfection Certificate since the date on which it was executed by the Debtor.

Appears in 1 contract

Samples: Security Agreement (Fortified Holdings Corp.)

Representations and Warranties Concerning Collateral, Etc. The Debtor further represents and warrants to the Secured Party as follows: (a) the Debtor is the owner of or has other rights in or power to transfer the Collateral, free from any right or claim or any person or any adverse lien, security interest or other encumbrance, except for the security interest created by this Agreement, (b) none of the Collateral constitutes, or is the proceeds of, "farm products" as defined in Section 9-102(a)(34) of the Uniform Commercial Code of the TerritoryState, (c) none of the account debtors or other persons obligated on any of the Collateral is a governmental authority covered by the Federal Assignment of Claims Act or like federal Security Agreement Sun Vacation Properties Corporation to Xxxxxxxx Xxxxxxxxxxx federal, state or Territorial local statute or rule in respect of such Collateral, (d) the Debtor holds no commercial tort claimclaim except as indicated on the Perfection Certificate, and (e) the Debtor has at all times operated its business in compliance with all applicable provisions of the federal Fair Labor Standards Act, as amended, and with all applicable provisions of federal or Territorial federal, state and local statutes and ordinances dealing with the control, shipment, storage or disposal of hazardous materials or substances, (f) all other information set forth on the Perfection Certificate pertaining to the Collateral is accurate and complete, and (g) that there has been no change in any information provided in the Perfection Certificate since the date on which it was executed by the Debtor.

Appears in 1 contract

Samples: Security Agreement (Star E Media Corp)

Representations and Warranties Concerning Collateral, Etc. The Debtor further represents and warrants to the Secured Party as follows: (a) the Debtor is the owner of or has other rights in or power to transfer the Collateral, free from any right or claim or of any person or any adverse lien, security interest or other encumbrance, except for the security interest created by this AgreementAgreement and Permitted Liens, (b) none of the Collateral constitutes, or is the proceeds of, "farm products" as defined in Section 9-102(a)(34) of the Uniform Commercial Code of the TerritoryState, (c) none of the account debtors or other persons obligated on any of the Collateral is a governmental authority covered by the Federal Assignment of Claims Act or like federal Security Agreement Sun Vacation Properties Corporation to Xxxxxxxx Xxxxxxxxxxx federal, state or Territorial local statute or rule in respect of such Collateral, (d) the Debtor holds no commercial tort claimclaim except as indicated on the Perfection Certificate, and (e) the Debtor has at all times operated its business in material compliance with all applicable provisions of the federal Fair Labor Standards Act, as amended, and with all applicable provisions of federal or Territorial federal, state and local statutes and ordinances dealing with the control, shipment, storage or disposal of hazardous materials or substances, (f) all other information set forth on the Perfection Certificate pertaining to the Collateral is accurate and completecomplete in all material respects, and (g) that there has been no change in any information provided in the Perfection Certificate since the date on which it was executed by the Debtor.

Appears in 1 contract

Samples: Security Agreement (Nautilus, Inc.)

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Representations and Warranties Concerning Collateral, Etc. The Debtor Company further represents and warrants to the Secured Party Lender as follows: (a) the Debtor Company is the owner of or has other rights in or power to transfer the Collateral, free from any right or claim or of any person or any adverse lien, security interest or other encumbrance, except for the security interest created by this Agreement, (b) none of the Collateral constitutes, or is the proceeds of, "farm products" as defined in Section 9ss.9-102(a)(34) of the Uniform Commercial Code of the TerritoryState, (c) none of the account debtors or other persons obligated on any of the Collateral is a governmental authority covered by the Federal Assignment of Claims Act or like federal Security Agreement Sun Vacation Properties Corporation to Xxxxxxxx Xxxxxxxxxxx federal, state or Territorial local statute or rule in respect of such Collateral, (d) the Debtor Company holds no commercial tort claimclaim except as indicated on the Perfection Certificate, and (e) the Debtor Company has at all times operated its business in compliance with all applicable provisions of the federal Fair Labor Standards Act, as amended, and with all applicable provisions of federal or Territorial federal, state and local statutes and ordinances dealing with the control, shipment, storage or disposal of hazardous materials or substances, (f) all other information set forth on the Perfection Certificate pertaining to the Collateral is accurate and complete, and (g) that there has been no change in any of such information provided in the Perfection Certificate since the date on which it the Perfection Certificate was executed signed by the DebtorCompany.

Appears in 1 contract

Samples: Security Agreement (Faraday Financial Inc)

Representations and Warranties Concerning Collateral, Etc. The Debtor further represents and warrants to the Secured Party as follows: (a) the Debtor is the owner of or has other rights in or power to transfer the Collateral, free from any right or claim or any person or any adverse lien, security interest or other encumbrance, except for the security interest created by this Agreement, (b) none of the Collateral constitutes, or is the proceeds of, "farm products" as defined in Section 9-102(a)(34) of the Uniform Commercial Code of the TerritoryState, (c) none of the account debtors Debtors or other persons obligated on any of the Collateral is a governmental authority covered by the Federal Assignment of Claims Act or like federal Security Agreement Sun Vacation Properties Corporation to Xxxxxxxx Xxxxxxxxxxx federal, state or Territorial local statute or rule in respect of such Collateral, (d) the Debtor holds no commercial tort claimclaim except as indicated on the Perfection Certificate, and (e) the Debtor has at all times operated its business in compliance with all applicable provisions of the federal Fair Labor Standards Act, as amended, and with all applicable provisions of federal or Territorial federal, state and local statutes and ordinances dealing with the control, shipment, storage or disposal of hazardous materials or substances, (f) all other information set forth on the Perfection Certificate pertaining to the Collateral is accurate and complete, and (g) that there has been no change in any information provided in the Perfection Certificate since the date on which it was executed by the Debtor.

Appears in 1 contract

Samples: Subsidiary Security Agreement (Vitrotech Corp)

Representations and Warranties Concerning Collateral, Etc. The Debtor further represents and warrants to the Secured Party as follows: (a) the Debtor is the owner of or has other rights in or power to transfer the Collateral, free from any right or claim or any person or any adverse lien, security interest or other encumbrance, except for the security interest created by this AgreementAgreement and other liens set forth in Exhibit B attached hereto, (b) none of the Collateral constitutes, or is the proceeds of, "farm products" as defined in Section 9-102(a)(3470A-9a-102(34) of the Uniform Commercial Code of the TerritoryState, (c) none of the account debtors or other persons obligated on any of the Collateral is a governmental authority covered by the Federal Assignment of Claims Act or like federal Security Agreement Sun Vacation Properties Corporation to Xxxxxxxx Xxxxxxxxxxx federal, state or Territorial local statute or rule in respect of such Collateral, (d) the Debtor holds no commercial tort claim, and (e) the Debtor has at all times operated its business in compliance with all applicable provisions of the federal Fair Labor Standards Act, as amended, and with all applicable provisions of federal or Territorial federal, state and local statutes and ordinances dealing with the control, shipment, storage or disposal of hazardous materials or substances, (f) all other information set forth on the Perfection Certificate pertaining to the Collateral is accurate and complete, and (g) that there has been no change in any information provided in the Perfection Certificate since the date on which it was executed by the Debtor.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Crown Energy Corp)

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