Common use of Representations and Warranties of Wilmington Trust Company Clause in Contracts

Representations and Warranties of Wilmington Trust Company. Wilmington Trust Company, in its individual capacity, hereby represents and warrants on its own behalf to the other Parties as of the date hereof and as of the Closing Date that: (a) it is duly incorporated, validly existing and in good standing under the laws of the State of Delaware; (b) it has the corporate power and authority to execute, deliver and perform its obligations under this Agreement and each other Transaction Document to which it is a party, and this Agreement and each other Transaction Document to which it is a party have been duly authorized by it by all necessary corporate action; (c) no authorization, consent or approval of any Governmental Authority regulatory body or other Person is required for the due authorization, execution, delivery or performance by it of this Agreement or any other Transaction Document to which it is a party; (d) this Agreement and each other Transaction Document to which it is a party have been duly executed and delivered by it and (subject to the due execution and delivery by the other parties thereto) constitute its legal and binding obligations, enforceable against it in accordance with their terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws now or hereinafter in effect relating to the enforcement of creditors' rights in general and except as such enforceability may be limited by general principles of equity (whether considered in a proceeding at law or in equity); and (e) it complies with all the requirements of the Trust Act relating to the qualification of a trustee of a Delaware business trust. ARTICLE V

Appears in 2 contracts

Samples: Participation Agreement (Williams Companies Inc), Participation Agreement (Williams Communications Group Inc)

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Representations and Warranties of Wilmington Trust Company. Wilmington Trust Company, in its individual capacity, hereby represents and warrants on its own behalf to the other Parties as of the date hereof March 15, 2000 and as of the Closing Date that: (a) it is duly incorporated, validly existing and in good standing under the laws of the State its jurisdiction of Delawareincorporation; (b) it has the corporate power and authority to execute, deliver and perform its obligations under this Agreement and each other Transaction Document to which it is a party, and this Agreement and each other Transaction Document to which it is a party have been duly authorized by it by all necessary corporate action; (c) no authorization, consent or approval of any Governmental Authority governmental authority, regulatory body or other Person is required for the due authorization, execution, delivery or performance by it of this Agreement or and any other Transaction Document to which it is a party; (d) this Agreement and each other any Transaction Document to which it is a party have been duly executed and delivered by it and (subject to the due execution and delivery by the other parties theretohereto) constitute its legal and binding obligationsobligation, enforceable against it in accordance with their terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws now or hereinafter in effect effect, relating to the enforcement of creditors' rights in general and except as such enforceability may be limited by general principles of equity (whether considered in a proceeding at law or in equity); and (e) it complies with all the requirements of the Trust Act relating to the qualification of a trustee of a Delaware business trust. ARTICLE V.

Appears in 1 contract

Samples: Participation Agreement (El Paso Corp/De)

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Representations and Warranties of Wilmington Trust Company. Wilmington Trust Company, in its individual capacity, hereby represents and warrants on its own behalf to the other Parties holder of the El Paso Interest and the Certificateholders from time to time that, as of the date hereof and as of the Closing Date thatEffective Date: (a) it is duly incorporated, validly existing and in good standing under the laws of the State its jurisdiction of Delawareincorporation; (b) it is has the corporate power and authority to execute, deliver and perform its obligations under this Agreement and each other Transaction Document to which it is a partyAgreement, and this Agreement and each other Transaction Document to which it is a party have has been duly authorized by it by all necessary corporate action; (c) no authorization, consent or approval of any Governmental Authority governmental authority, regulatory body or other Person is required for the due authorization, execution, delivery or performance by it of this Agreement or any (other Transaction Document to which it is a partythan the filing of the Certificate of Trust); (d) this Agreement and each other Transaction Document to which it is a party have has been duly executed and delivered by it and (subject to the due execution and delivery hereof by the other parties theretoholder of the El Paso Interest and the Certificateholders) constitute its constitutes a legal and binding obligationsobligation of it, enforceable against it in accordance with their its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws now or hereinafter in effect effect, relating to the enforcement of creditors' rights in general and except as such enforceability may be limited by general principles of equity (whether considered in a proceeding at law or in equity); and (e) it complies with all the requirements of the Trust Act relating to the qualification of a trustee of a Delaware business trust. ARTICLE V.

Appears in 1 contract

Samples: Trust Agreement (El Paso Corp/De)

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