Common use of Representations and Warranties of Citibank Clause in Contracts

Representations and Warranties of Citibank. Citibank represents and warrants as follows: (a) Citibank is duly organized and validly existing as a national trust company under the laws of the United States and has all requisite power and authority to execute and deliver this Agreement and to perform its obligations as Cap Trustee hereunder. (b) The execution, delivery and performance of this Agreement by Citibank as Cap Trustee have been duly authorized in the Pooling and Servicing Agreement. (c) This Agreement has been duly executed and delivered by Citibank as Cap Trustee, Cap Administrator and Trust Administrator and is enforceable against Citibank in such capacities in accordance with its terms, except as enforceability may be affected by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors’ rights generally, general equitable principles (whether considered in a proceeding in equity or at law).

Representations and Warranties of Citibank. Citibank represents and warrants as follows: (a) Citibank is duly organized and validly existing as a national trust banking company under the laws of the United States and has all requisite power and authority to execute and deliver this Agreement and to perform its obligations as Cap Trustee hereunder. (b) The execution, delivery and performance of this Agreement by Citibank as Cap Trustee have been duly authorized in the Pooling and Servicing Agreement. (c) This Agreement has been duly executed and delivered by Citibank as Cap Trustee, Cap Administrator and Trust Administrator and is enforceable against Citibank in such capacities in accordance with its terms, except as enforceability may be affected by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors’ rights generally, general equitable principles (whether considered in a proceeding in equity or at law).

Representations and Warranties of Citibank. Citibank represents and warrants as follows: (a) Citibank is duly organized and validly existing as a national trust company banking association under the laws of the United States and has all requisite power and authority to execute and deliver this Agreement and Agreement, to perform its obligations as Cap Trustee Administrator hereunder. (b) The execution, delivery and performance of this Agreement by Citibank as Cap Trustee Trust Administrator have been duly authorized in the Pooling and Servicing Agreement. (c) This Agreement has been duly executed and delivered by Citibank as Cap Trustee, Cap Administrator and Trust Administrator and is enforceable against Citibank in such capacities in accordance with its terms, except as enforceability may be affected by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors’ ' rights generally, general equitable principles (whether considered in a proceeding in equity or at law).

Representations and Warranties of Citibank. Citibank represents and warrants as follows: (a) Citibank is duly organized and validly existing as a national trust company banking association under the laws of the United States and has all requisite power and authority to execute and deliver this Agreement and Agreement, to perform its obligations as Cap Trustee Administrator hereunder. (b) The execution, delivery and performance of this Agreement by Citibank as Cap Trustee Trust Administrator have been duly authorized in the Pooling and Servicing Agreement. (c) This Agreement has been duly executed and delivered by Citibank as Cap Trustee, Cap Administrator and Trust Administrator and is enforceable against Citibank in such capacities in accordance with its terms, except as enforceability may be affected by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors’ rights generally, general equitable principles (whether considered in a proceeding in equity or at law).