Representations and Warranties of Maker. After giving effect to Section 1 above, Maker hereby represents and warrants to and in favor of Holder, which representations and warranties shall survive the execution and delivery hereof, as follows: (a) Each of the representations and warranties of Maker contained in the Note is true and correct in all material respects (without duplication of any materiality carve out already provided therein) on and as of the date hereof, in each case as if made on and as of such date, other than representations and warranties that expressly relate solely to an earlier date (in which case such representations and warranties were true and correct on and as of such earlier date); (b) This Amendment has been duly authorized, validly executed, and delivered by one or more duly authorized officers of Maker, and each of this Amendment and the Note as amended hereby constitutes the legal, valid, and binding obligations of Maker, enforceable against Maker in accordance with their respective terms, subject to bankruptcy, insolvency, or other similar laws affecting the enforcement of creditor's rights and remedies generally; and (c) No default or Event of Default exists before or will result after giving effect to this Amendment.
Appears in 2 contracts
Samples: Note Amendment (Gse Systems Inc), Note Amendment (Gse Systems Inc)
Representations and Warranties of Maker. After giving effect to Section 1 above, Maker hereby represents and warrants to and in favor of Holder, which representations and warranties shall survive the execution and delivery hereof, as follows:
(a) Each of the representations and warranties of Maker contained in the Amended and Restated Note is true and correct in all material respects (without duplication of any materiality carve out already provided therein) on and as of the date hereof, in each case as if made on and as of such date, other than representations and warranties that expressly relate solely to an earlier date (in which case such representations and warranties were true and correct on and as of such earlier date);
(b) This Amendment has been duly authorized, validly executed, and delivered by one or more duly authorized officers of Maker, and each of this Amendment and the Amended and Restated Note as amended hereby constitutes the legal, valid, and binding obligations of Maker, enforceable against Maker in accordance with their respective terms, subject to bankruptcy, insolvency, or other similar laws affecting the enforcement of creditor's rights and remedies generally; and
(c) No default or Event of Default exists before or will result after giving effect to this Amendment.
Appears in 2 contracts
Samples: Note Amendment (Gse Systems Inc), Amendment to Note (Gse Systems Inc)