Common use of Representations and Warranties of Borrower Clause in Contracts

Representations and Warranties of Borrower. Borrower hereby agrees with, reaffirm, and acknowledge as follows: a. The execution, delivery and performance by Borrower of this Amendment is within Borrower’s power, has been duly authorized by all necessary action, and does not contravene: (i) the certificates of formation or operating agreements of Borrower; or (ii) any law or any contractual restriction binding on or affecting Borrower; and does not result in or require the creation of any lien, security interest or other charge or encumbrance upon or with respect to any of its properties; b. This Amendment is, and each other Loan Document to which Borrower is a party when delivered will be, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms, except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting the enforcement of creditor’s rights generally and by general principles of equity; and c. All other representations, warranties and covenants contained in the Credit Agreement and the other Loan Documents are true and correct and in full force and effect.

Appears in 7 contracts

Samples: Master Loan Agreement (Green Plains Renewable Energy, Inc.), Credit Agreement (Green Plains Renewable Energy, Inc.), Credit Agreement (Green Plains Renewable Energy, Inc.)

AutoNDA by SimpleDocs

Representations and Warranties of Borrower. Borrower Borrowers hereby agrees agree with, reaffirm, and acknowledge as follows: a. The execution, delivery and performance by Borrower Borrowers of this Amendment is within Borrower’s Borrowers’ power, has been duly authorized by all necessary action, and does not contravene: (i) the certificates of formation or operating agreements of BorrowerBorrowers; or (ii) any law or any contractual restriction binding on or affecting BorrowerBorrowers; and does not result in or require the creation of any lien, security interest or other charge or encumbrance upon or with respect to any of its properties; b. This Amendment is, and each other Loan Document to which Borrower is Borrowers are a party when delivered will be, legal, valid and binding obligations of Borrower Borrowers enforceable against Borrower Borrowers in accordance with their respective terms, except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting the enforcement of creditor’s rights generally and by general principles of equity; and c. All other representations, warranties and covenants contained in the Credit Agreement and the other Loan Documents are true and correct and in full force and effect.

Appears in 6 contracts

Samples: Credit Agreement (Green Plains Renewable Energy, Inc.), Credit Agreement (Green Plains Renewable Energy, Inc.), Credit Agreement (Green Plains Renewable Energy, Inc.)

Representations and Warranties of Borrower. The Borrower hereby agrees with, reaffirmreaffirms, and acknowledge acknowledges as follows: a. The execution, delivery and performance by Borrower of this Amendment is within Borrower’s power, has been duly authorized by all necessary action, and does not contravene: (i) the certificates its articles of formation organization or operating agreements of Borroweragreement; or (ii) any law or any contractual restriction binding on or affecting Borrower; and does not result in or require the creation of any lien, security interest or other charge or encumbrance upon or with respect to any of its properties; b. This Amendment is, and each other Loan Document to which Borrower is a party when delivered will be, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms, except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting the enforcement of creditor’s rights generally and by general principles of equity; and c. All other representations, warranties and covenants contained in the Credit Agreement MLA, Fifth Supplement and the other Loan Documents are true and correct and in full force and effect.

Appears in 4 contracts

Samples: Master Loan Agreement (Heron Lake BioEnergy, LLC), Master Loan Agreement (Heron Lake BioEnergy, LLC), Master Loan Agreement (Heron Lake BioEnergy, LLC)

Representations and Warranties of Borrower. Borrower hereby agrees with, reaffirmreaffirms, and acknowledge acknowledges as follows: a. The execution, delivery and performance by Borrower of this Amendment is within Borrower’s power, has been duly authorized by all necessary action, and does not contravene: (i) the certificates articles of formation organization or operating agreements agreement of Borrower; or (ii) any law or any contractual restriction binding on or affecting Borrower; and does not result in or require the creation of any lien, security interest or other charge or encumbrance upon or with respect to any of its properties; b. This Amendment is, and each other Loan Document to which Borrower is a party when delivered will be, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms, except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting the enforcement of creditor’s rights generally and by general principles of equity; and c. All other representations, warranties and covenants contained in the Credit Agreement and the other Loan Documents are true and correct and in full force and effect.

Appears in 4 contracts

Samples: Credit Agreement (Southwest Iowa Renewable Energy, LLC), Credit Agreement (Southwest Iowa Renewable Energy, LLC), Credit Agreement (Southwest Iowa Renewable Energy, LLC)

Representations and Warranties of Borrower. Borrower hereby agrees with, reaffirmreaffirms, and acknowledge acknowledges as follows: a. The execution, delivery and performance by Borrower of this Amendment is within Borrower’s power, has been duly authorized by all necessary action, and does not contravene: (i) the certificates certificate of formation or operating agreements agreement of Borrower; or (ii) any law or any contractual restriction binding on or affecting Borrower; and does not result in or require the creation of any lien, security interest or other charge or encumbrance upon or with respect to any of its properties; b. This Amendment is, and each other Loan Document to which Borrower is a party when delivered will be, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms, except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting the enforcement of creditor’s rights generally and by general principles of equity; and c. All other representations, warranties and covenants contained in the Credit Agreement and the other Loan Documents are true and correct and in full force and effect.

Appears in 3 contracts

Samples: Credit Agreement (Green Plains Renewable Energy, Inc.), Credit Agreement (Green Plains Renewable Energy, Inc.), Credit Agreement (Green Plains Renewable Energy, Inc.)

Representations and Warranties of Borrower. The Borrower hereby agrees with, reaffirmreaffirms, and acknowledge acknowledges as follows: a. The execution, delivery and performance by Borrower of this Amendment is within Borrower’s power, has been duly authorized by all necessary action, and does not contravene: (i) the certificates its articles of formation organization or operating agreements of Borroweragreement; or (ii) any law or any contractual restriction binding on or affecting Borrower; and does not result in or require the creation of any lien, security interest or other charge or encumbrance upon or with respect to any of its properties; b. This Amendment is, and each other Loan Document to which Borrower is a party when delivered will be, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms, except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting the enforcement of creditor’s rights generally and by general principles of equity; and c. All other representations, warranties and covenants contained in the Credit Agreement MLA and the other Loan Documents are true and correct and in full force and effect.,

Appears in 1 contract

Samples: Master Loan Agreement (Heron Lake BioEnergy, LLC)

Representations and Warranties of Borrower. The Borrower hereby agrees with, reaffirmreaffirms, and acknowledge acknowledges as follows: a. The execution, delivery and performance by Borrower of this Amendment is within Borrower’s power, has been duly authorized by all necessary action, and does not contravene: (i) the certificates its articles of formation organization or operating agreements of Borroweragreement; or (ii) any law or any contractual restriction binding on or affecting Borrower; and does not result in or require the creation of any lien, security interest or other charge or encumbrance upon or with respect to any of its properties; b. This Amendment is, and each other Loan Document to which Borrower is a party when delivered will be, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms, except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting the enforcement of creditor’s rights generally and by general principles of equity; and c. All other representations, warranties and covenants contained in the Credit Agreement MLA and the other Loan Documents are true and correct and in full force and effect.

Appears in 1 contract

Samples: Master Loan Agreement (Heron Lake BioEnergy, LLC)

AutoNDA by SimpleDocs

Representations and Warranties of Borrower. The Borrower hereby agrees with, reaffirmreaffirms, and acknowledge acknowledges as follows: a. The execution, delivery and performance by Borrower of this Amendment is within Borrower’s power, has been duly authorized by all necessary action, and does not contravene: (i) the certificates certificate of formation or operating agreements agreement of Borrower; or (ii) any law or any contractual restriction binding on or affecting Borrower; and does not result in or require the creation of any lien, security interest or other charge or encumbrance upon or with respect to any of its properties; b. This Amendment is, and each other Loan Document to which Borrower is a party when delivered will be, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms, except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting the enforcement of creditor’s rights generally and by general principles of equity; and c. All other representations, warranties and covenants contained in the Credit Loan Agreement and the other Loan Documents are true and correct and in full force and effect.

Appears in 1 contract

Samples: Master Loan Agreement (Green Plains Renewable Energy, Inc.)

Representations and Warranties of Borrower. The Borrower hereby agrees with, reaffirmreaffirms, and acknowledge acknowledges as follows: a. The execution, delivery and performance by Borrower of this Amendment is within Borrower’s power, has been duly authorized by all necessary action, and does not contravene: (i) the certificates certificate of formation or operating agreements agreement of Borrower; or (ii) any law or any contractual restriction binding on or affecting Borrower; and does not result in or require the creation of any lien, security interest or other charge or encumbrance upon or with respect to any of its properties; b. This Amendment is, and each other Loan Document to which Borrower is a party when delivered will be, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms, except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting the enforcement of creditor’s rights generally and by general principles of equity; and; c. All other representations, warranties and covenants contained in the Credit Loan Agreement and the other Loan Documents are true and correct and in full force and effect; and d. The waivers contained in this Amendment are limited solely to the matters set forth herein and except as expressly modified by this Amendment, the terms and conditions of the Loan Agreement and the other Loan Documents shall remain in full force and effect.

Appears in 1 contract

Samples: Master Loan Agreement (Green Plains Renewable Energy, Inc.)

Representations and Warranties of Borrower. Borrower hereby agrees with, reaffirmreaffirms, and acknowledge acknowledges as follows: a. The execution, delivery and performance by Borrower of this Amendment is within Borrower’s 's power, has been duly authorized by all necessary action, and does not contravene: (i) the certificates articles of formation organization or operating agreements agreement of Borrower; or (ii) any law or any contractual restriction binding on or affecting Borrower; and does not result in or require the creation of any lien, security interest or other charge or encumbrance upon or with respect to any of its properties; b. This Amendment is, and each other Loan Document to which Borrower is a party when delivered will be, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms, except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting the enforcement of creditor’s 's rights generally and by general principles of equity; and c. All other representations, warranties and covenants contained in the Credit Agreement and the other Loan Documents are true and correct and in full force and effect.

Appears in 1 contract

Samples: Credit Agreement (Southwest Iowa Renewable Energy, LLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!