Representations and Warranties of the Equityholder and the Collateral Manager Sample Clauses
The 'Representations and Warranties of the Equityholder and the Collateral Manager' clause sets out the specific statements of fact and assurances that both the equityholder and the collateral manager affirm to be true at the time of entering into the agreement. These may include confirmations regarding their authority to enter the contract, the absence of legal conflicts, and the accuracy of financial or operational information provided. By requiring these parties to make such representations and warranties, the clause helps ensure transparency and trust between the parties, and provides a basis for recourse if any statements are later found to be false or misleading.
Representations and Warranties of the Equityholder and the Collateral Manager. The Collateral Manager and the Equityholder, as applicable, each represents and warrants to each of the Secured Parties on and as of each Measurement Date and as of each other date expressly provided under this Agreement or the other Facility Documents on which such representations and warranties are required to be (or deemed to be) made, as follows: