Common use of Representations and Warranties of Each Guarantor Clause in Contracts

Representations and Warranties of Each Guarantor. To induce the Collateral Agent, and the Administrative Agent and the Lenders to enter into the Credit Agreement and to induce the Lenders to make their respective extensions of credit to the Borrowers thereunder, each Guarantor hereby represents and warrants to the Collateral Agent, the Administrative Agent and each other Secured Party that the representations and warranties set forth in Section 5 of the Credit Agreement as they relate to such Guarantor or to the Loan Documents to which such Guarantor is a party, each of which representations and warranties is hereby incorporated herein by reference, are true and correct in all material respects, and the Collateral Agent, the Administrative Agent and each other Secured Party shall be entitled to rely on each of such representations and warranties as if fully set forth herein; provided that each reference in each such representation and warranty to the Parent Borrower’s knowledge shall, for the purposes of this Subsection 4.1, be deemed to be a reference to such Guarantor’s knowledge.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (CHC Group Ltd.), Credit Agreement (CHC Group Ltd.)

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Representations and Warranties of Each Guarantor. To induce the Revolving Collateral Agent, and the Administrative Agent and the Lenders to enter into the Revolving Credit Agreement and to induce the Lenders to make their respective extensions of credit to the Borrowers thereunder, each Guarantor hereby represents and warrants to the Revolving Collateral Agent, the Administrative Agent and each other Secured Party that the representations and warranties set forth in Section 5 4 of the Revolving Credit Agreement as they relate to such Guarantor or to the Loan Documents to which such Guarantor is a party, each of which representations and warranties is hereby incorporated herein by reference, are true and correct in all material respects, and the Revolving Collateral Agent, the Administrative Agent and each other Secured Party shall be entitled to rely on each of such representations and warranties as if fully set forth herein; provided that each reference in each such representation and warranty to the such Parent Borrower’s knowledge shall, for the purposes of this Subsection subsection 4.1, be deemed to be a reference to such Guarantor’s knowledge.

Appears in 1 contract

Samples: Revolving Guarantee and Collateral Agreement (Great North Imports, LLC)

Representations and Warranties of Each Guarantor. To induce the U.S. Collateral Agent, and the Administrative Agent and the Lenders to enter into the Credit Agreement and to induce the Lenders to make their respective extensions of credit to the Borrowers thereunder, each Guarantor hereby represents and warrants to the U.S. Collateral Agent, the Administrative Agent and each other Secured Party that the representations and warranties set forth in Section 5 of the Credit Agreement as they relate to such Guarantor or to the Loan Documents to which such Guarantor is a party, each of which representations and warranties is hereby incorporated herein by reference, are true and correct in all material respects, and the U.S. Collateral Agent, the Administrative Agent and each other Secured Party shall be entitled to rely on each of such representations and warranties as if fully set forth herein; provided that each reference in each such representation and warranty to the Parent Borrower’s 's knowledge shall, for the purposes of this Subsection subsection 4.1, be deemed to be a reference to such Guarantor’s 's knowledge.

Appears in 1 contract

Samples: u.s. Guarantee and Collateral Agreement (RSC Holdings Inc.)

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Representations and Warranties of Each Guarantor. To induce the Revolving Collateral Agent, and the Administrative Agent and the Lenders to enter into the Revolving Credit Agreement and to induce the Lenders to make their respective extensions of credit to the Borrowers thereunder, each Guarantor hereby represents and warrants to the Revolving Collateral Agent, the Administrative Agent and each other Secured Party that the representations and warranties set forth in Section 5 4 of the Revolving Credit Agreement as they relate to such Guarantor or to the Loan Documents to which such Guarantor is a party, each of which representations and warranties is hereby incorporated herein by reference, are true and correct in all material respects, and the Revolving Collateral Agent, the Administrative Agent and each other Secured Party shall be entitled to rely on each of such representations and warranties as if fully set forth herein; provided that each reference in each such representation and warranty to the Parent Borrower’s knowledge shall, for the purposes of this Subsection subsection 4.1, be deemed to be a reference to such Guarantor’s knowledge.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Servicemaster Co)

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