Common use of Representations and Warranties of Bank Clause in Contracts

Representations and Warranties of Bank. Bank hereby represents and warrants to Spiegel Group during the Term as follows: 6.1 Organization, Power and Qualification. Bank is a national banking association duly organized, validly existing and in good standing under the laws of the United States of America and has full corporate power and authority to enter into this Agreement and to carry out the provisions of this Agreement. Bank is duly qualified and in good standing to do business in all jurisdictions where such qualification is necessary for Bank to carry out its obligations under this Agreement.

Appears in 4 contracts

Samples: Private Label Credit Card Program Agreement (Eddie Bauer Holdings, Inc.), Private Label Credit Card Program Agreement (Eddie Bauer Holdings, Inc.), Private Label Credit Card Program Agreement (Eddie Bauer Holdings, Inc.)

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