Common use of Representations and Warranties of Lessor Clause in Contracts

Representations and Warranties of Lessor. Lessor represents and warrants as of the date hereof and during the entire Term hereof as follows: 4.2.1 Lessor is a validly organized limited liability company under the laws of the State of Delaware, and the person executing on behalf of Lessor has full power and authority to execute this Agreement on behalf of Lessor and by such execution shall bind Lessor under this Agreement. 4.2.2 No action, suit, or proceeding is currently pending or threatened against Lessor which shall in any material way affect Lessor’s financial status as of the date hereof, or impair the execution, delivery, or performance by Lessor of this Agreement. 4.2.3 The execution and delivery of this Agreement by Lessor and the performance of its obligations hereunder have been duly authorized by all necessary limited liability company action and do not conflict with any provision of Lessor’s articles of organization, bylaws, operating agreement, any governmental regulations, or any other agreements that Lessor may now have with other parties.

Appears in 3 contracts

Samples: Non Exclusive Aircraft Lease Agreement (Carlyle Group L.P.), Non Exclusive Aircraft Lease Agreement (Carlyle Group L.P.), Non Exclusive Aircraft Lease Agreement (Carlyle Group L.P.)

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Representations and Warranties of Lessor. Lessor represents and warrants as of the date hereof and during the entire Term hereof as follows: 4.2.1 Lessor is a validly organized limited liability company under the laws of the State of Delaware, and the person executing on behalf of Lessor has full power and authority to execute this Agreement on behalf of Lessor and by such execution shall bind Lessor under this Agreement. 4.2.2 No action, suit, or proceeding is currently pending or threatened against Lessor which shall in any material way affect Lessor’s 's financial status as of the date hereof, or impair the execution, delivery, or performance by Lessor of this Agreement. 4.2.3 The execution and delivery of this Agreement by Lessor and the performance of its obligations hereunder have been duly authorized by all necessary limited liability company action and do not conflict with any provision of Lessor’s articles of organization, bylaws, operating agreement, any governmental regulations, or any other agreements that Lessor may now have with other parties.

Appears in 1 contract

Samples: Non Exclusive Aircraft Lease Agreement (Carlyle Group Inc.)

Representations and Warranties of Lessor. Lessor represents and warrants as of the date hereof and during the entire Term hereof as follows: 4.2.1 Lessor is a validly organized limited liability company under the laws of the State of Delaware, and the person executing on behalf of Lessor has full power and authority to execute this Agreement on behalf of Lessor and by such execution shall bind Lessor under this Agreement. 4.2.2 No action, suit, or proceeding is currently pending or threatened against Lessor which shall in any material way affect LessorLess or’s financial status as of the date hereof, or impair the execution, delivery, or performance by Lessor of this Agreement. 4.2.3 The execution and delivery of this Agreement by Lessor and the performance of its obligations hereunder have been duly authorized by all necessary limited liability company action and do not conflict with any provision of LessorLess or’s articles of organization, bylaws, operating agreement, any governmental regulations, or any other agreements that Lessor may now have with other parties.

Appears in 1 contract

Samples: Aircraft Lease Agreement (Carlyle Group L.P.)

Representations and Warranties of Lessor. Lessor represents and warrants as of the date hereof and during the entire Term hereof as follows: 4.2.1 Lessor is and will remain, during the Term, a validly organized limited liability company under the laws of the State of DelawareDelaware and is duly qualified to do business wherever necessary to perform its obligations under this Agreement, and the person executing on behalf of Lessor has full power and authority to execute this Agreement on behalf of Lessor and by such execution shall bind Lessor under this Agreement. 4.2.2 No action, suit, or proceeding is currently pending or threatened against Lessor which shall in any material way affect Lessor’s financial status as of the date hereof, or impair the execution, delivery, or performance by Lessor of this Agreement. 4.2.3 The execution and delivery of this Agreement by Lessor and the performance of its obligations hereunder have been duly authorized by all necessary corporate or limited liability company action action, and do not conflict with any provision of Lessor’s articles of organization, bylaws, operating agreement, any governmental regulations, or any other agreements that Lessor Lessee may now have with other parties. 4.2.4 Lessor is not subject to any restriction, which with or without the giving of notice, the passage of time, or both, prohibits or would be violated by or be in conflict with this Agreement.

Appears in 1 contract

Samples: Exclusive Aircraft Lease Agreement (Campus Crest Communities, Inc.)

Representations and Warranties of Lessor. Lessor represents and warrants as of the date hereof and during the entire Term hereof as follows: 4.2.1 Lessor is a validly organized limited liability company under the laws of the State of Delaware, and the person executing on behalf of Lessor has full power and authority to execute this Agreement on behalf of Lessor and by such execution shall bind Lessor under this Agreement. 4.2.2 No action, suit, or proceeding is currently pending or threatened against Lessor which shall in any material way affect Lessor’s financial status as of the date hereof, or impair the execution, delivery, or performance by Lessor of this Agreement. 4.2.3 The execution and delivery of this Agreement by Lessor and the performance of its obligations hereunder have been duly authorized by all necessary limited liability company action action, and do not conflict with any provision of Lessor’s articles of organization, bylaws, operating agreement, any governmental regulations, or any other agreements that Lessor may now have with other parties.

Appears in 1 contract

Samples: Non Exclusive Aircraft Lease Agreement (Carlyle Group L.P.)

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Representations and Warranties of Lessor. Lessor represents and warrants as of the date hereof and during the entire Term hereof as follows: 4.2.1 Lessor is a validly organized limited liability company under the laws of the State of DelawareColorado, and the person executing on behalf of Lessor has full power and authority to execute this Agreement on behalf of Lessor and by such execution shall bind Lessor under this Agreement. 4.2.2 No action, suit, or proceeding is currently pending or threatened against Lessor which shall in any material way affect Lessor’s financial status as of the date hereofthereof, or impair the execution, delivery, or performance by Lessor of this Agreement. 4.2.3 The execution and delivery of this Agreement by Lessor and the performance of its obligations hereunder have been duly authorized by all necessary limited liability company action action, and do not conflict with any provision of Lessor’s articles of organization, bylaws, operating agreement, any governmental regulations, or any other agreements that Lessor Lessee may now have with other parties. 4.2.4 Lessor is not subject to any restriction, which with or without the giving of notice, the passage of time, or both, prohibits or would be violated by or be in conflict with this Agreement.

Appears in 1 contract

Samples: Non Exclusive Aircraft Dry Lease Agreement (Intrepid Potash, Inc.)

Representations and Warranties of Lessor. Lessor represents and warrants as of the date hereof and during the entire Term hereof as follows: 4.2.1 Lessor is a validly organized limited liability company under the laws of the State of DelawareColorado, and the person executing on behalf of Lessor has full power and authority to execute this Agreement on behalf of Lessor and by such execution shall bind Lessor under this Agreement. 4.2.2 No action, suit, or proceeding is currently pending or threatened against Lessor which shall in any material way affect Lessor’s 's financial status as of the date hereofthereof, or impair the execution, delivery, or performance by Lessor of this Agreement. 4.2.3 The execution and delivery of this Agreement by Lessor and the performance of its obligations hereunder have been duly authorized by all necessary limited liability company action action, and do not conflict with any provision of Lessor’s 's articles of organization, bylaws, operating agreement, any governmental regulations, or any other agreements that Lessor Lessee may now have with other parties. 4.2.4 Lessor is not subject to any restriction, which with or without the giving of notice, the passage of time, or both, prohibits or would be violated by or be in conflict with this Agreement.

Appears in 1 contract

Samples: Non Exclusive Aircraft Dry Lease Agreement (Intrepid Potash, Inc.)

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