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

Representations and Warranties of Each Party. Each party hereto represents and warrants to the other parties hereto as follows: (a) Such party is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has all requisite power and authority to enter into and perform its obligations under this Agreement. (b) This Agreement has been duly executed and delivered by such party. (c) The execution, delivery and performance by such party of this Agreement (i) do not require any consent or approval of, registration or filing with or any other action by any Governmental Authority of which the failure to obtain could reasonably be expected to have a Material Adverse Effect (as defined in the Priority Credit Agreement), (ii) will not violate any applicable law or regulation or any order of any Governmental Authority or any indenture, agreement or other instrument binding upon such party which could reasonably be expected to have a Material Adverse Effect and (iii) will not violate the charter, by-laws or other organizational documents of such party.

Appears in 18 contracts

Samples: Note Purchase Agreement (Goodrich Petroleum Corp), Intercreditor Agreement (Vanguard Natural Resources, Inc.), Intercreditor Agreement (Gastar Exploration Inc.)

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Representations and Warranties of Each Party. Each party hereto represents and warrants to the other parties hereto as follows: (a) Such party is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has all requisite power and authority to enter into and perform its obligations under this Agreement. (b) This Agreement has been duly executed and delivered by such party. (c) The execution, delivery and performance by such party of this Agreement (i) do not require any consent or approval of, registration or filing with or any other action by any Governmental Authority governmental authority of which the failure to obtain could reasonably be expected to have a Material Adverse Effect (as defined in the Priority ABL Credit Agreement), (ii) will not violate any applicable law or regulation or any order of any Governmental Authority governmental authority or any indenture, agreement or other instrument binding upon such party which could reasonably be expected to have a Material Adverse Effect and (iii) will not violate the charter, by-laws or other organizational documents of such party.

Appears in 6 contracts

Samples: Abl Intercreditor Agreement (Academy Sports & Outdoors, Inc.), Credit Agreement (Nexeo Solutions Finance Corp), Lien Subordination and Intercreditor Agreement (Nortek Inc)

Representations and Warranties of Each Party. Each party hereto represents and warrants to the other parties hereto as follows: (a) Such party is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has all requisite power and authority to enter into and perform its obligations under this Agreement. (b) This Agreement has been duly executed and delivered by such party. (c) The execution, delivery and performance by such party of this Agreement (i) do not require any consent or approval of, registration or filing with or any other action by any Governmental Authority governmental authority of which the failure to obtain could reasonably be expected to have a Material Adverse Effect (as defined in the Priority Revolving Facility Credit Agreement), (ii) will not violate any applicable law or regulation or any order of any Governmental Authority governmental authority or any indenture, agreement or other instrument binding upon such party which could reasonably be expected to have a Material Adverse Effect and (iii) will not violate the charter, by-laws or other organizational documents of such party.

Appears in 5 contracts

Samples: Lien Subordination and Intercreditor Agreement, Term Loan Credit Agreement (Houghton Mifflin Harcourt Co), Senior Secured Term Facility Credit Agreement (Chemtura CORP)

Representations and Warranties of Each Party. Each party hereto represents and warrants to the other parties hereto as follows: (a) Such party is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has all requisite power and authority to enter into and perform its obligations under this Agreement. (b) This Agreement has been duly executed and delivered by such party. (c) The execution, delivery and performance by such party of this Agreement (i) do not require any consent or approval of, registration or filing with or any other action by any Governmental Authority of which the failure to obtain could reasonably be expected to have a Material Adverse Effect (as defined in material adverse effect on the Priority Credit rights and remedies of the parties hereto under this Agreement), (ii) will not violate any applicable law or regulation or any order of any Governmental Authority or any indenture, agreement or other instrument binding upon such party which could reasonably be expected to have a Material Adverse Effect material adverse effect on the rights and remedies of the parties hereto under this Agreement and (iii) will not violate the charter, by-laws or other organizational documents of such party.

Appears in 4 contracts

Samples: Collateral Trust Agreement, Collateral Trust Agreement (Chesapeake Energy Corp), Collateral Trust Agreement (Chesapeake Energy Corp)

Representations and Warranties of Each Party. Each party hereto represents and warrants to the other parties hereto as follows: (a) Such party is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has all requisite power and authority to enter into and perform its obligations under this Agreement. (b) This Agreement has been duly executed and delivered by such party. (c) The execution, delivery and performance by such party of this Agreement (i) do not require any consent or approval of, registration or filing with or any other action by any Governmental Authority of which the failure to obtain could reasonably be expected to have a Material Adverse Effect (as defined in the Priority First-Out Credit Agreement), (ii) will not violate any applicable law or regulation or any order of any Governmental Authority or any indenture, agreement or other instrument binding upon such party which could reasonably be expected to have a Material Adverse Effect and (iii) will not violate the charter, by-laws or other organizational documents of such party.

Appears in 3 contracts

Samples: Credit Agreement (California Resources Corp), Credit Agreement (California Resources Corp), Credit Agreement (California Resources Corp)

Representations and Warranties of Each Party. Each party hereto represents and warrants to the other parties hereto as follows: (a) Such party is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has all requisite power and authority to enter into and perform its obligations under this Agreement. (b) This Agreement has been duly executed and delivered by such party. (c) The execution, delivery and performance by such party of this Agreement (i) do not require any consent or approval of, registration or filing with or any other action by any Governmental Authority governmental authority of which the failure to obtain could reasonably be expected to have a Material Adverse Effect (as defined in the Priority Credit AgreementABL Facility), (ii) will not violate any applicable law or regulation or any order of any Governmental Authority governmental authority or any indenturecredit agreement, agreement or other instrument binding upon such party which could reasonably be expected to have such a Material Adverse Effect and (iii) will not violate the charter, by-laws or other organizational documents of such party.

Appears in 3 contracts

Samples: Abl Intercreditor Agreement (DS Services of America, Inc.), Abl Intercreditor Agreement (Momentive Specialty Chemicals Inc.), Senior Lien Intercreditor Agreement (Global Brass & Copper Holdings, Inc.)

Representations and Warranties of Each Party. Each party hereto represents and warrants to the other parties hereto as follows: (a) Such party is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has all requisite power and authority to enter into and perform its obligations under this Agreement. (b) This Agreement has been duly executed and delivered by such party. (c) The execution, delivery and performance by such party of this Agreement (i) do not require any consent or approval of, registration or filing with or any other action by any Governmental Authority of which the failure to obtain could reasonably be expected to have a Material Adverse Effect (as defined in the Priority Credit AgreementAgreement as in effect on the date hereof), (ii) will not violate any applicable law or regulation or any order of any Governmental Authority or any indenture, agreement or other instrument binding upon such party which could reasonably be expected to have a Material Adverse Effect and (iii) will not violate the charter, by-laws or other organizational documents of such party.

Appears in 3 contracts

Samples: Intercreditor Agreement (Chesapeake Energy Corp), Intercreditor Agreement (Chesapeake Energy Corp), Intercreditor Agreement (Linn Energy, LLC)

Representations and Warranties of Each Party. Each party hereto represents and warrants to the other parties hereto as follows: (a) Such party is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has all requisite power and authority to enter into and perform its obligations under this Agreement. (b) This Agreement has been duly executed and delivered by such party. (c) The execution, delivery and performance by such party of this Agreement (i) do not require any consent or approval of, registration or filing with or any other action by any Governmental Authority governmental authority of which the failure to obtain could reasonably be expected to have a Material Adverse Effect (as defined in the Priority Credit Agreement), (ii) will not violate any applicable law or regulation or any order of any Governmental Authority governmental authority or any indenture, agreement or other instrument binding upon such party which could reasonably be expected to have a Material Adverse Effect and (iii) will not violate the charter, by-laws or other organizational documents of such party.

Appears in 2 contracts

Samples: Lien Subordination and Intercreditor Agreement (Nortek Inc), Lien Subordination and Intercreditor Agreement (NTK Holdings, Inc.)

Representations and Warranties of Each Party. Each party hereto represents and warrants to the other parties hereto as follows: (a) Such party is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has all requisite power and authority to enter into and perform its obligations under this Agreement. (b) This Agreement constitutes a legal, valid and binding obligation of such party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law. (c) This Agreement has been duly executed and delivered by such party. (cd) The execution, delivery and performance by such party of this Agreement (i) do not require any consent or approval of, registration or filing with or any other action by any Governmental Authority of which the failure to obtain could reasonably be expected to have a Material Adverse Effect (as defined in the Priority Credit Agreement)Effect, (ii) will not violate any applicable law or regulation or any order of any Governmental Authority or any indenture, agreement or other instrument binding upon such party which could reasonably be expected to have a Material Adverse Effect and (iii) will not violate the charter, by-laws or other organizational documents of such party.

Appears in 2 contracts

Samples: Credit Agreement (Gulfport Energy Corp), Intercreditor Agreement (SM Energy Co)

Representations and Warranties of Each Party. Each party hereto represents and warrants to the other parties hereto as follows: (a) Such party is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has all requisite power and authority to enter into and perform its obligations under this Agreement. (b) This Agreement has been duly executed and delivered by such party. (c) The execution, delivery and performance by such party of this Agreement (i) do not require any consent or approval of, registration or filing with or any other action by any Governmental Authority governmental authority of which the failure to obtain could reasonably be expected to have a Material Adverse Effect (as defined in the Priority Credit AgreementFirst-Lien Revolving Facility), (ii) will not violate any applicable law or regulation or any order of any Governmental Authority governmental authority or any indenturecredit agreement, agreement or other instrument binding upon such party which could reasonably be expected to have such a Material Adverse Effect and (iii) will not violate the charter, by-laws or other organizational documents of such party.

Appears in 2 contracts

Samples: First Priority Intercreditor Agreement (Verso Quinnesec REP Holding Inc.), Indenture (Verso Paper Corp.)

Representations and Warranties of Each Party. Each party hereto represents and warrants to the other parties hereto as follows: (a) Such party is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has all requisite power and authority to enter into and perform its obligations under this Agreement. (b) This Agreement has been duly executed and delivered by such party. (c) The execution, delivery and performance by such party of this Agreement (i) do not require any consent or approval of, registration or filing with or any other action by any Governmental Authority of which the failure to obtain could reasonably be expected to have a Material Adverse Effect (as defined in the Priority Credit Agreement)Effect, (ii) will not violate any applicable law or regulation or any order of any Governmental Authority or any indenture, agreement or other instrument binding upon such party which could reasonably be expected to have a Material Adverse Effect and (iii) will not violate the charter, by-laws or other organizational documents of such party.

Appears in 2 contracts

Samples: Credit Agreement (Centennial Resource Development, Inc.), Intercreditor Agreement (Breitburn Energy Partners LP)

Representations and Warranties of Each Party. Each party hereto represents and warrants to the other parties hereto as follows: (a) Such party is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has all requisite power and authority to enter into and perform its obligations under this Agreement. (b) This Agreement has been duly executed and delivered by such party. (c) The execution, delivery and performance by such party of this Agreement (i) do not require any consent or approval of, registration or filing with or any other action by any Governmental Authority governmental authority of which the failure to obtain could reasonably be expected to have a Material Adverse Effect (as defined in the Priority Credit AgreementABL Facility and/or the First-Lien Revolving Facility), (ii) will not violate any applicable law or regulation or any order of any Governmental Authority governmental authority or any indenturecredit agreement, agreement or other instrument binding upon such party which could reasonably be expected to have such a Material Adverse Effect and (iii) will not violate the charter, by-laws or other organizational documents of such party.

Appears in 2 contracts

Samples: Senior Lien Intercreditor Agreement (Verso Quinnesec REP Holding Inc.), Indenture (Verso Paper Corp.)

Representations and Warranties of Each Party. Each party hereto represents and warrants to the other parties hereto as follows: (a) Such party is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has all requisite power and authority to enter into and perform its obligations under this AgreementAmendment. (b) This Agreement Amendment has been duly executed and delivered by such party. (c) The execution, delivery and performance by such party of this Agreement Amendment (i) do not require any consent or approval of, registration or filing with or any other action by any Governmental Authority of which the failure to obtain could reasonably be expected to have result in a Material Adverse Effect Change (as defined in the Priority Credit Agreement), (ii) will not violate any applicable law or regulation or any order of any Governmental Authority or any indenture, agreement or other instrument binding upon such party which could reasonably be expected to have result in a Material Adverse Effect Change and (iii) will not violate the charter, by-laws or other organizational documents of such party.

Appears in 2 contracts

Samples: Fifth Amendment to Sixth Amended and Restated Credit Agreement (W&t Offshore Inc), Intercreditor Agreement (W&t Offshore Inc)

Representations and Warranties of Each Party. Each party hereto represents and warrants to the other parties hereto as follows: (a) Such party is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has all requisite power and authority to enter into and perform its obligations under this Agreement. (b) This Agreement has been duly executed and delivered by such party. (c) The execution, delivery and performance by such party of this Agreement (i) do not require any consent or approval of, registration or filing with or any other action by any Governmental Authority governmental authority of which the failure to obtain could reasonably be expected to have a Material Adverse Effect (as defined in the Priority Credit Agreement)material adverse effect, (ii) will not violate any applicable law or regulation or any order of any Governmental Authority governmental authority or any indenture, agreement or other instrument binding upon such party which could reasonably be expected to have a Material Adverse Effect material adverse effect and (iii) will not violate the charter, by-laws or other organizational documents of such party.

Appears in 1 contract

Samples: Intercreditor Agreement (Acco Brands Corp)

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Representations and Warranties of Each Party. Each party hereto represents and warrants to the other parties hereto as follows: (a) Such party is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has all requisite power and authority to enter into and perform its obligations under this Agreement. (b) This Agreement has been duly executed and delivered by such party. (c) The execution, delivery and performance by such party of this Agreement (i) do not require any consent or approval of, registration or filing with or any other action by any Governmental Authority governmental authority of which the failure to obtain could reasonably be expected to have a Material Adverse Effect (as defined in the Priority Revolving Credit Agreement or the Term Credit Agreement), (ii) will not violate any applicable law or regulation or any order of any Governmental Authority governmental authority or any indenture, agreement or other instrument binding upon such party which could reasonably be expected to have a Material Adverse Effect and (iii) will not violate the charter, by-laws or other organizational documents of such party.

Appears in 1 contract

Samples: Lien Subordination and Intercreditor Agreement (Metals Usa Holdings Corp.)

Representations and Warranties of Each Party. Each party hereto represents and warrants to the other parties hereto as follows: (a) Such party is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has all requisite power and authority to enter into and perform its obligations under this Agreement. (b) This Agreement has been duly executed and delivered by such party. (c) The execution, delivery and performance by such party of this Agreement (i) do not require any consent or approval of, registration or filing with or any other action by any Governmental Authority governmental authority of which the failure to obtain could reasonably be expected to have result in a Material Adverse Effect Change (as defined in the Priority ABL Credit Agreement), (ii) will not violate any applicable law or regulation or any order of any Governmental Authority governmental authority or any indenture, agreement or other instrument binding upon such party which could reasonably be expected to have result in a Material Adverse Effect Change and (iii) will not violate the charter, by-laws or other organizational documents of such party.

Appears in 1 contract

Samples: Lien Subordination and Intercreditor Agreement (Stream Global Services, Inc.)

Representations and Warranties of Each Party. Each party hereto represents and warrants to the other parties hereto as follows: (a) Such party is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has all requisite power and authority to enter into and perform its obligations under this Agreement. (b) This Agreement has been duly executed and delivered by such party. (c) The execution, delivery and performance by such party of this Agreement (i) do not require any consent or approval of, registration or filing with or any other action by any Governmental Authority governmental authority of which the failure to obtain could reasonably be expected to have a Material Adverse Effect (as defined in the Priority Credit Agreement)Effect, (ii) will not violate any applicable law or regulation or any order order, judgment or decree of any Governmental Authority governmental authority or any indenturecredit agreement, agreement or other instrument binding upon such party which could reasonably be expected to have such a Material Adverse Effect and (iii) will not violate the charter, by-laws or other organizational documents of such party.

Appears in 1 contract

Samples: Senior Secured Term Loan Agreement (Verso Corp)

Representations and Warranties of Each Party. Each party Grantor hereto represents and warrants to the other parties hereto as follows: (a) Such party is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has all requisite power and authority to enter into and perform its obligations under this Agreement. (b) This Agreement has been duly executed and delivered by such party. (c) The execution, delivery and performance by such party of this Agreement (i) do not require any consent or approval of, registration or filing with or any other action by any Governmental Authority governmental authority of which the failure to obtain could reasonably be expected to have a Material Materially Adverse Effect (as defined in the Priority ABL Credit Agreement), (ii) will not violate any applicable law or regulation or any order of any Governmental Authority governmental authority or any indenture, agreement or other instrument binding upon such party which could reasonably be expected to have a Material Materially Adverse Effect and (iii) will not violate the charter, by-laws or other organizational documents of such party.

Appears in 1 contract

Samples: Abl/Term Loan Intercreditor Agreement (Installed Building Products, Inc.)

Representations and Warranties of Each Party. Each party hereto represents and warrants to the other parties hereto as follows: (a) Such party is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has all requisite power and authority to enter into and perform its obligations under this Agreement. (b) This Agreement has been duly executed and delivered by such party. (c) The execution, delivery and performance by such party of this Agreement (i) do not require any consent or approval of, registration or filing with or any other action by any Governmental Authority governmental authority of which the failure to obtain could reasonably be expected to have a Material Adverse Effect (as defined in the Priority ABL Credit Agreement), (ii) will not violate any applicable law or regulation or any order of any Governmental Authority or governmental authority or, to its knowledge, any indenture, agreement or other instrument binding upon such party which could reasonably be expected to have a Material Adverse Effect and (iii) will not violate the charter, by-laws or other organizational documents of such party.

Appears in 1 contract

Samples: Lien Subordination and Intercreditor Agreement (Dominion Textile (Usa), L.L.C.)

Representations and Warranties of Each Party. Each party hereto represents and warrants to the other parties hereto as follows: (a) Such party is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has all requisite power and authority to enter into and perform its obligations under this Agreement. (b) This Agreement has been duly executed and delivered by such party. (c) The execution, delivery and performance by such party of this Agreement (i) do not require any consent or approval of, registration or filing with or any other action by any Governmental Authority of which the failure to obtain could reasonably be expected to have a Material Adverse Effect (as defined in the Priority Credit Agreement), (ii) will not violate any applicable law or regulation or any order of any Governmental Authority or any indenture, agreement or other instrument binding upon such party which could reasonably be expected to have a Material Adverse Effect and (iii) will not violate the charter, by-laws by‑laws or other organizational documents of such party.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Atlas Energy Group, LLC)

Representations and Warranties of Each Party. Each party hereto represents and warrants to the other parties hereto as follows: (a) Such party is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has all requisite power and authority to enter into and perform its obligations under this Agreement. (b) This Agreement has been duly executed and delivered by such party. (c) The execution, delivery and performance by such party of this Agreement (i) do not require any consent or approval of, registration or filing with or any other action by any Governmental Authority governmental authority of which the failure to obtain could reasonably be expected to have a Material Adverse Effect (as defined in the Priority ABL Credit AgreementAgreement as of the date hereof), (ii) will not violate any applicable law or regulation or any order of any Governmental Authority governmental authority or any indenture, agreement or other instrument binding upon such party which could reasonably be expected to have a Material Adverse Effect and (iii) will not violate the charter, by-laws or other organizational documents of such party.

Appears in 1 contract

Samples: Abl Intercreditor Agreement (Clear Channel Outdoor Holdings, Inc.)

Representations and Warranties of Each Party. Each party hereto represents and warrants to the other parties hereto as follows: (a) Such such party is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has all requisite power and authority to enter into and perform its obligations under this Agreement.; (b) This this Agreement has been duly executed and delivered by such party.party and (c) The the execution, delivery and performance by such party of this Agreement (i) do not require any consent or approval of, registration or filing with or any other action by any Governmental Authority of which the failure to obtain could reasonably be expected to have a Material Adverse Effect (as defined in the Priority RBL Credit Agreement, as in effect on the date hereof), (ii) will not violate any applicable law or regulation or any order of any Governmental Authority or any indenture, agreement or other instrument binding upon such party which could reasonably be expected to have a Material Adverse Effect (as defined in the Priority RBL Credit Agreement, as in effect on the date hereof) and (iii) will not violate the charter, by-laws or other organizational documents of such party.

Appears in 1 contract

Samples: Intercreditor Agreement (Exco Resources Inc)

Representations and Warranties of Each Party. Each party Grantor hereto represents and warrants to the other parties hereto as follows: (a) Such party is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has all requisite power and authority to enter into and perform its obligations under this Agreement. (b) This Agreement has been duly executed and delivered by such party. (c) The execution, delivery and performance by such party of this Agreement (i) do not require any consent or approval of, registration or filing with or any other action by any Governmental Authority governmental authority of which the failure to obtain could reasonably be expected to have a Material Adverse Effect (as defined in the Priority ABL Credit Agreement), (ii) will not violate any applicable law or regulation or any order of any Governmental Authority governmental authority or any indenture, agreement or other instrument binding upon such party which could reasonably be expected to have a Material Adverse Effect and (iii) will not violate the charter, by-laws or other organizational documents of such party.

Appears in 1 contract

Samples: Intercreditor Agreement (Builders FirstSource, Inc.)

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