Representations and Warranties of the Collateral Agent, the Document Custodian and the Collateral Administrator Sample Clauses

Representations and Warranties of the Collateral Agent, the Document Custodian and the Collateral Administrator. Each of the Collateral Agent, the Document Custodian and the Collateral Administrator represents and warrants as Collateral Agent, Document Custodian or Collateral Administrator, as applicable, as follows (and any successor Collateral Agent, Document Custodian or Collateral Administrator appointed in accordance with this Agreement represents and warrants as follows in its individual capacity and as Collateral Agent, Document Custodian or Collateral Administrator, as applicable):
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs

Related to Representations and Warranties of the Collateral Agent, the Document Custodian and the Collateral Administrator

  • Representations and Warranties of the Custodian The Custodian hereby represents and warrants to the Trust, which representations and warranties shall be deemed to be continuing throughout the term of this Agreement, that: (a) It is duly organized and existing under the laws of the jurisdiction of its organization, with full power to carry on its business as now conducted, to enter into this Agreement and to perform its obligations hereunder; (b) It is a U.S. Bank as defined in section (a)(7) of Rule 17f-5. (c) This Agreement has been duly authorized, executed and delivered by the Custodian in accordance with all requisite action and constitutes a valid and legally binding obligation of the Custodian, enforceable in accordance with its terms, subject to bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting the rights and remedies of creditors and secured parties; and (d) It is conducting its business in compliance in all material respects with all applicable laws and regulations, both state and federal, and has obtained all regulatory approvals necessary to carry on its business as now conducted; there is no statute, rule, regulation, order or judgment binding on it and no provision of its charter, bylaws or any contract binding it or affecting its property which would prohibit its execution or performance of this Agreement.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!