REPRESENTATIONS AND WARRANTIES OF SELLER 9 Sample Clauses

REPRESENTATIONS AND WARRANTIES OF SELLER 9. Section 4.1 Existence and Qualification 9 Section 4.2 Power 9 Section 4.3 Authorization and Enforceability 9 Section 4.4 Conflicts 10 Section 4.5 Litigation 10 Section 4.6 Taxes and Assessments 10 Section 4.7 Environmental Laws 11 Section 4.8 Compliance with Laws 11 Section 4.9 Consents and Preferential Purchase Rights 11 Section 4.10 Liability for Brokers’ Fees 11 Section 4.11 No Operations 12 Section 4.12 Bankruptcy 12 Section 4.13 Condemnation 12 Section 4.14 Lease Provisions 12 Section 4.15 Governmental Authorizations 12 Section 4.16 No Expenses Owed or Delinquent 12 Section 4.17 Limitations 12

REPRESENTATIONS AND WARRANTIES OF SELLER 9. Section 2.1 Corporate Existence of Seller 9 Section 2.2 Authority 9 Section 2.3 No Conflicts 10 Section 2.4 Governmental Approvals and Filings 10 Section 2.5 Financial Statements and Condition 10 Section 2.6 Taxes 11 Section 2.7 Legal Proceedings 11 Section 2.8 Compliance With Laws and Orders 11 Section 2.9 Title and Condition of Tangible Assets 12 Section 2.10 Intellectual Property 12 Section 2.11 Contracts 12 Section 2.12 Licenses 12 Section 2.13 Insurance 13 Section 2.14 Affiliate Transactions 13 Section 2.15 Brokers 13 Section 2.16 No Fraudulent Conveyance 13 Section 2.17 No Bankruptcy or Insolvency Filing 13 Section 2.18 Inventory 14 Section 2.19 Backlog 14 Section 2.20 Division Lease Payments 14 Section 2.21 Title Retention Agreements 14

REPRESENTATIONS AND WARRANTIES OF SELLER 9. 5.1. Organization. 9 5.2. Authority. 9 5.3. Required Consents. 9 5.4. No Conflict. 9 5.5. Litigation. 9 5.6. No Employees. 10 5.7. Purchased Assets. 10 5.8. Brokers. 10 5.9. Title. 10 5.10. Intellectual Property. 10 5.11. Securities Representations. 11 5.12. Data Room; Information Supplied. 14 5.13. No Other Representations and Warranties. 14

REPRESENTATIONS AND WARRANTIES OF SELLER 9. 4.1 Organization; Good Standing of Seller 9 4.2 Consent of Third Parties 10 4.3 Authority; Enforceability 10 4.4 Absence of Conflicts 10 4.5 No Judgments 10 4.6 No Governmental Approvals 10 4.7 Insurance 10 4.8 Litigation 10 4.9 Compliance with Laws 11 4.10 Environmental Matters 11 4.11 Assessments 11 4.12 Property Agreements 11 4.13 Licenses 12 4.14 Rent Roll 12 4.15 Medicare; Medicaid 12 4.16 Condemnation 13 4.17 Condition of Property 13 4.18 Independent Property 14 4.19 Utilities Access 14 4.20 Zoning 14 4.21 FIRPTA 14 4.22 Interests; Title 14 4.23 Title Encumbrances 15 4.24 Affordable Housing Xxxxx 00 0.00 Xx Xxx Xxxxxx Xxxxxxx 15 TABLE OF CONTENTS (cont’d) 4.26 Loans 15 4.27 Patriot Act Compliance 15 4.28 Broker’s or Finder’s Fees 15 4.29 Insolvency 15

REPRESENTATIONS AND WARRANTIES OF SELLER 9. Section 3.01 Organization 9 Section 3.02 Authority; Binding Effect 9 Section 3.03 Consents and Approvals; No Violation 9 Section 3.04 Absence of Litigation 10 Section 3.05 Ownership 10 Section 3.06 Brokers 10

REPRESENTATIONS AND WARRANTIES OF SELLER 9. Section 3.2. Representations and Warranties of the Servicer 14 Article IV CONDITIONS OF PURCHASES 17 Section 4.1. Conditions Precedent to Initial Purchase 17 Section 4.2. Conditions Precedent to All Purchases 17 Article V COVENANTS 18 Section 5.1. Affirmative Covenants of Seller Parties 18 Section 5.2. Negative Covenants of Seller Parties 25 Article VI ADMINISTRATION AND COLLECTION 27