Common use of Representations and Warranties of Borrower Parties Clause in Contracts

Representations and Warranties of Borrower Parties. Each Borrower Party represents and warrants as follows: (a) Such Borrower Party is a corporation or limited liability company duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization; (b) The execution, delivery and performance by such Borrower Party of this Amendment and the Loan Documents, as amended hereby, are within such Borrower Party’s legal powers, have been duly authorized by all necessary company action and do not contravene (i) such Borrower Party’s organizational documents, or (ii) law or contractual restrictions binding on or affecting such Borrower Party; (c) No authorization, approval or other action by, and no notice to or filing with, any governmental authority or regulatory body, is required for the due execution, delivery and performance by such Borrower Party of this Amendment or any of the Loan Documents, as amended hereby, to which such Borrower Party is or will be a party; (d) This Amendment and each of the other Loan Documents, as amended hereby, to which such Borrower Party is a party constitute legal, valid and binding obligations of such Borrower Party, enforceable against such Borrower Party in accordance with their respective terms; and (e) No Default or Event of Default exists.

Appears in 2 contracts

Samples: Credit Agreement (Oxford Industries Inc), Credit Agreement (Oxford Industries Inc)

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Representations and Warranties of Borrower Parties. Each Borrower Party represents and warrants as follows: (a) Such Borrower Party is a corporation or limited liability company duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organizationincorporation; (b) The execution, delivery and performance by such Borrower Party of this Amendment and the Loan Documents, as amended hereby, Documents are within such Borrower Party’s legal powers, have been duly authorized by all necessary company action and do not contravene (i) such Borrower Party’s organizational documents, or (ii) law or contractual restrictions binding on or affecting such Borrower Party; (c) No authorization, approval or other action by, and no notice to or filing with, any governmental authority or regulatory body, is required for the due execution, delivery and performance by such Borrower Party of this Amendment or any of the Loan Documents, as amended hereby, Documents to which such Borrower Party is or will be a party; (d) This Amendment and each of the other Loan Documents, as amended hereby, Documents to which such Borrower Party is a party constitute legal, valid and binding obligations of such Borrower Party, enforceable against such Borrower Party in accordance with their respective terms; and (e) No Default or Event of Default exists.

Appears in 1 contract

Samples: Credit Agreement (Gtsi Corp)

Representations and Warranties of Borrower Parties. Each Borrower Party represents and warrants as follows: (a) Such Borrower Party is a corporation or limited liability company duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization; (b) The execution, delivery and performance by such Borrower Party of this Amendment Consent and the Loan Documents, as amended hereby, are within such Borrower Party’s 's legal powers, have been duly authorized by all necessary company action and do not contravene (i) such Borrower Party’s 's organizational documents, or (ii) law laws or contractual restrictions binding on or affecting such Borrower Party; (c) No authorization, approval or other action by, and no notice to or filing with, any governmental authority or regulatory body, is required for by the due execution, delivery and performance by such Borrower Party of this Amendment Consent or any of the Loan Documents, as amended hereby, to which such Borrower Party is or will be a party; (d) This Amendment Consent and each of the other Loan Documents, as amended hereby, to which such Borrower Party is a party constitute legal, valid and binding obligations of such Borrower Party, enforceable against such Borrower Party in accordance with their respective terms; and (e) No Default or Event of Default exists.

Appears in 1 contract

Samples: Consent Agreement (Oxford Industries Inc)

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Representations and Warranties of Borrower Parties. Each Borrower Party represents and warrants as follows: (a) Such Borrower Party is a corporation or limited liability company duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization; (b) The execution, delivery and performance by such Borrower Party of this Amendment and the Loan Documents, as amended hereby, are within such Borrower Party’s 's legal powers, have been duly authorized by all necessary company action and do not contravene (i) such Borrower Party’s 's organizational documents, or (ii) law or contractual restrictions binding on or affecting such Borrower Party; (c) No authorization, approval or other action by, and no notice to or filing with, any governmental authority or regulatory body, is required for the due execution, delivery and performance by such Borrower Party of this Amendment or any of the Loan Documents, as amended hereby, to which such Borrower Party is or will be a party; (d) This Amendment and each of the other Loan Documents, as amended hereby, to which such Borrower Party is a party constitute legal, valid and binding obligations of such Borrower Party, enforceable against such Borrower Party in accordance with their respective terms; and (e) No Default or Event of Default exists.

Appears in 1 contract

Samples: Credit Agreement (Oxford Industries Inc)

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