Common use of Representations and Warranties of StadCo Clause in Contracts

Representations and Warranties of StadCo. StadCo hereby represents and warrants to the GWCCA and Invest Atlanta as follows: (a) StadCo is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Georgia and has all requisite limited liability company power and authority to own, lease and operate its properties and to carry on its business as now being conducted. (b) StadCo has full limited liability company power and authority to execute and deliver this Funding Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery of this Funding Agreement by XxxxXx, the performance by StadCo of its obligations hereunder, and the consummation of the transactions provided for hereby have been duly and validly authorized by all necessary limited liability company action on the part of StadCo. This Funding Agreement has been duly executed and delivered by XxxxXx and, subject to the due execution and delivery of same by the GWCCA and Invest Atlanta, constitutes the valid and binding agreement of StadCo, enforceable against StadCo in accordance with its terms, subject to applicable bankruptcy, insolvency and other similar laws affecting the enforceability of creditors’ rights generally, general equitable principles and the discretion of courts in granting equitable remedies. (c) The execution, delivery and performance of this Funding Agreement, the consummation of the transactions contemplated hereby and the fulfilment of and compliance with the terms and conditions hereunder do not or will not (as the case may be), with the passing of time or the giving of notice or both, violate or conflict with, constitute a breach of or default under, result in the loss of any benefit under, or permit the acceleration of any obligation under, (i) any term or provision of the charter documents of StadCo, (ii) any judgment, decree or order of any governmental entity to which StadCo is a party or by which StadCo or any of its properties is bound or (iii) any law applicable to StadCo unless, in each case, such violation, conflict, breach, default, loss of benefit or accelerated obligation would not, either individually or in the aggregate, have a material adverse impact on the ability of StadCo to consummate the transactions contemplated hereby.

Representations and Warranties of StadCo. StadCo hereby represents and warrants to the GWCCA and Invest Atlanta as follows: (a) StadCo is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Georgia and has all requisite limited liability company power and authority to own, lease and operate its properties and to carry on its business as now being conducted. (b) StadCo has full limited liability company power and authority to execute and deliver this Funding Transaction Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery of this Funding Transaction Agreement by XxxxXx, the performance by StadCo of its obligations hereunder, and the consummation of the transactions provided for hereby have been duly and validly authorized by all necessary limited liability company action on the part of StadCo. This Funding Transaction Agreement has been duly executed and delivered by XxxxXx and, subject to the due execution and delivery of same by the GWCCA and Invest Atlanta, constitutes the valid and binding agreement of StadCo, enforceable against StadCo in accordance with its terms, subject to applicable bankruptcy, insolvency and other similar laws affecting the enforceability of creditors’ rights generally, general equitable principles and the discretion of courts in granting equitable remedies. (c) The execution, delivery and performance of this Funding Transaction Agreement, the consummation of the transactions contemplated hereby and the fulfilment of and compliance with the terms and conditions hereunder do not or will not (as the case may be), with the passing of time or the giving of notice or both, violate or conflict with, constitute a breach of or default under, result in the loss of any benefit under, or permit the acceleration of any obligation under, (i) any term or provision of the charter documents of StadCo, (ii) any judgment, decree or order of any governmental entity to which StadCo is a party or by which StadCo or any of its properties is bound or (iii) any law applicable to StadCo unless, in each case, such violation, conflict, breach, default, loss of benefit or accelerated obligation would not, either individually or in the aggregate, have a material adverse impact on the ability of StadCo to consummate the transactions contemplated hereby.

Representations and Warranties of StadCo. StadCo hereby represents and warrants to the GWCCA and Invest Atlanta as follows: (a) StadCo is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Georgia and has all requisite limited liability company power and authority to own, lease and operate its properties and to carry on its business as now being conducted. (b) StadCo has full limited liability company power and authority to execute and deliver this Funding Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery of this Funding Agreement by XxxxXx, the performance by StadCo of its obligations hereunder, and the consummation of the transactions provided for hereby have been duly and validly authorized by all necessary limited liability company action on the part of StadCo. This Funding Agreement has been duly executed and delivered by XxxxXx and, subject to the due execution StadCo and delivery of same by the GWCCA and Invest Atlanta, constitutes the valid and binding agreement agreements of StadCo, enforceable against StadCo in accordance with its terms, subject to applicable bankruptcy, insolvency and other similar laws affecting the enforceability of creditors’ rights generally, general equitable principles and the discretion of courts in granting equitable remedies. (c) The execution, delivery and performance of this Funding Agreement, the consummation of the transactions contemplated hereby and the fulfilment fulfillment of and compliance with the terms and conditions hereunder do not or will not (as the case may be), with the passing of time or the giving of notice or both, violate or conflict with, constitute a breach of or default under, result in the loss of any benefit under, or permit the acceleration of any obligation under, (i) any term or provision of the charter documents of StadCo, (ii) any judgment, decree or order of any governmental entity to which StadCo is a party or by which StadCo or any of its properties is bound or (iii) any law applicable to StadCo unless, in each case, such violation, conflict, breach, default, loss of benefit or accelerated obligation would not, either individually or in the aggregate, have a material adverse impact on the ability of StadCo to consummate the transactions contemplated hereby.

Representations and Warranties of StadCo. StadCo hereby represents and warrants to the GWCCA and Invest Atlanta as follows: (a) StadCo is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Georgia and has all requisite limited liability company power and authority to own, lease and operate its properties and to carry on its business as now being conducted. (b) StadCo has full limited liability company power and authority to execute and deliver this Funding Project Development Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery of this Funding Project Development Agreement by XxxxXx, the performance by StadCo of its obligations hereunder, and the consummation of the transactions provided for hereby have been duly and validly authorized by all necessary limited liability company action on the part of StadCo. This Funding Project Development Agreement has been duly executed and delivered by XxxxXx and, subject to the due execution and delivery of same by the GWCCA and Invest AtlantaGWCCA, constitutes the valid and binding agreement of StadCo, enforceable against StadCo in accordance with its terms, subject to applicable bankruptcy, insolvency and other similar laws affecting the enforceability of creditors’ rights generally, general equitable principles and the discretion of courts in granting equitable remedies. (c) The execution, delivery and performance of this Funding Project Development Agreement, the consummation of the transactions contemplated hereby and the fulfilment fulfillment of and compliance with the terms and conditions hereunder do not or will not (as the case may be), with the passing of time or the giving of notice or both, violate or conflict with, constitute a breach of or default under, result in the loss of any benefit under, or permit the acceleration of any obligation under, (i) any term or provision of the charter documents of StadCo, (ii) any judgment, decree or order of any governmental entity to which StadCo is a party or by which StadCo or any of its properties is bound or (iii) any law applicable to StadCo unless, in each case, such violation, conflict, breach, default, loss of benefit or accelerated obligation would not, either individually or in the aggregate, have a material adverse impact on the ability of StadCo to consummate the transactions contemplated hereby.or