REPRESENTATIONS AND WARRANTIES REGARDING THE PROJECT COMPANY Sample Clauses

REPRESENTATIONS AND WARRANTIES REGARDING THE PROJECT COMPANY. The Project Company and each Warrantor hereby severally and jointly represent and warrant to the Investor as follows: As of the date hereof and the Closing Date: 1. Target Equity Interest and the Project Company (1) The Project Company is duly incorporated and organized, and is validly existing. The Project Company has the corporate power and Governmental Approvals to own and operate its assets and to carry on its business in the same manner as it carries on its business. (2) Unless otherwise disclosed in the Disclosure Letter, the registered capital of the Project Company has been fully paid up, and there has been no withdrawal of capital contribution. Except for its registered capital, the Project Company has no outstanding equity securities. Except for the matters set forth herein, there are no agreements and arrangements (including options or other similar rights) whereby any persons may request the transfer of any equity interests in the Project Company, or increase or decrease of the registered capital or equity interests, or create any Encumbrance on such equity interests. On the Closing Date, the Investor will obtain good and valid title to the Equity Interest, free and clear of any Encumbrance. (3) With respect to the equity interests in the Target Company, there are no arrangements such as entrusted shareholding or shareholding on behalf of others, dormant shareholding, shareholding in trust or other agreements. (4) Unless otherwise disclosed in the Disclosure Letter, the Target Company has no subsidiaries, nor does it own any direct or indirect equity interest or other investment interest, or any rights to purchase any equity interest or other interest, including registered equity interest or beneficially owned interest, in any company, enterprise, partnership, joint venture or other entities. None of the Target Companies is a member of any partnership (or engages in any part of business through any partnership), nor is it participant in any joint venture or similar arrangement or committed to unlimited liability in any external investment. (5) As of February 28, 2023, the Target Company has made financial provisions for the whole business, assets, personnel and creditors’ rights and liabilities of its subsidiaries. (6) The equity interests held by the Seller in the Target Company are free and clear of any Encumbrances. The equity interests in the Target Company are free and clear of any Encumbrances. None of the Sellers has entered into any agr...
AutoNDA by SimpleDocs
REPRESENTATIONS AND WARRANTIES REGARDING THE PROJECT COMPANY. Seller represents and warrants to Buyer that all of the following are true and correct at the Closing Date, save to the extent that any disclosures have explicitly, specifically and unambiguously been made in the Disclosure Schedules:
REPRESENTATIONS AND WARRANTIES REGARDING THE PROJECT COMPANY. Section 4.1 Section 4.2 Section 4.3 Section 4.4 Section 4.5 Section 4.6 Section 4.7 Section 4.8 Section 4.9 Section 4.10 Section 4.11 Section 4.12 Section 4.13 Section 4.14 Section 4.15 Section 4.16 Section 4.17 Section 4.18 Section 4.19 Section 4.20 Organization No Conflicts; Consents and Approvals Capitalization Business Bank Accounts Subsidiaries Legal Proceedings Compliance with Laws and Orders Balance Sheets; No Undisclosed Liabilities Absence of Certain Changes Taxes Regulatory Status Contracts Real Property Permits Environmental Matters Intellectual Property Brokers Employees and Labor Matters Employee Benefits
REPRESENTATIONS AND WARRANTIES REGARDING THE PROJECT COMPANY. Seller hereby represents and warrants to Buyer as of the date hereof that except as disclosed in the Schedules:

Related to REPRESENTATIONS AND WARRANTIES REGARDING THE PROJECT COMPANY

  • REPRESENTATIONS AND WARRANTIES REGARDING THE COMPANY (a) The Company represents and warrants to, and agrees with, the several Underwriters, as of the date hereof and as of the Closing Date and as of each Option Closing Date, if any, as follows:

  • Representations and Warranties Regarding the Seller The Seller represents, warrants and covenants to the Purchaser that as of the date hereof and as of each Closing Date:

  • Representations and Warranties Regarding the Master Servicer The Master Servicer represents and warrants to the Issuer and for the benefit of the Indenture Trustee, as pledgee of the Mortgage Loans and the Bondholders, as of the Cut-off Date and the Closing Date, that: (i) The Master Servicer is a corporation duly organized, validly existing and in good standing under the laws of the State of California and has the corporate power to own its assets and to transact the business in which it is currently engaged. The Master Servicer is duly qualified to do business as a foreign corporation and is in good standing in each jurisdiction in which the character of the business transacted by it or properties owned or leased by it requires such qualification and in which the failure to so qualify would have a material adverse effect on the business, properties, assets, or condition (financial or other) of the Master Servicer or the validity or enforceability of the Mortgage Loans; (ii) The Master Servicer has the power and authority to make, execute, deliver and perform this Servicing Agreement and all of the transactions contemplated under this Servicing Agreement, and has taken all necessary corporate action to authorize the execution, delivery and performance of this Servicing Agreement. When executed and delivered, this Servicing Agreement will constitute the legal, valid and binding obligation of the Master Servicer enforceable in accordance with its terms, except as enforcement of such terms may be limited by bankruptcy, insolvency or similar laws affecting the enforcement of creditors' rights generally and by the availability of equitable remedies; (iii) The Master Servicer is not required to obtain the consent of any other Person or any consent, license, approval or authorization from, or registration or declaration with, any governmental authority, bureau or agency in connection with the execution, delivery, performance, validity or enforceability of this Servicing Agreement, except for such consent, license, approval or authorization, or registration or declaration, as shall have been obtained or filed, as the case may be; (iv) The execution and delivery of this Servicing Agreement and the performance of the transactions contemplated hereby by the Master Servicer will not violate any provision of any existing law or regulation or any order or decree of any court applicable to the Master Servicer or any provision of the certificate of incorporation or bylaws of the Master Servicer, or constitute a material breach of any mortgage, indenture, contract or other agreement to which the Master Servicer is a party or by which the Master Servicer may be bound; (v) No litigation or administrative proceeding of or before any court, tribunal or governmental body is currently pending (other than litigation with respect to which pleadings or documents have been filed with a court, but not served on the Master Servicer), or to the knowledge of the Master Servicer threatened, against the Master Servicer or any of its properties or with respect to this Servicing Agreement or the Bonds or the Certificates which, to the knowledge of the Master Servicer, has a reasonable likelihood of resulting in a material adverse effect on the transactions contemplated by this Servicing Agreement; and (vi) The Master Servicer is a member of MERS in good standing, and will comply in all material respects with the rules and procedures of MERS in connection with the servicing of the Mortgage Loans that are registered with MERS. The foregoing representations and warranties shall survive any termination of the Master Servicer hereunder.

  • Representations and Warranties Regarding the Servicer The Servicer represents and warrants to Company, the Issuer and for the benefit of the Indenture Trustee, as pledgee of the Mortgage Collateral, and the Securityholders, as of the Cut-Off Date, [the date of the Servicing Agreement], the Closing Date [and any Deposit Date], that: (i) The Servicer is a corporation duly organized, validly existing and in good standing under the laws of the State of [_______] and has the corporate power to own its assets and to transact the business in which it is currently engaged. The Servicer is duly qualified to do business as a foreign corporation and is in good standing in each jurisdiction in which the character of the business transacted by it or properties owned or leased by it requires such qualification and in which the failure to so qualify would have a material adverse effect on the business, properties, assets, or condition (financial or other) of the Servicer; (ii) The Servicer has the power and authority to make, execute, deliver and perform this Servicing Agreement and all of the transactions contemplated under this Servicing Agreement, and has taken all necessary corporate action to authorize the execution, delivery and performance of this Servicing Agreement. When executed and delivered, this Servicing Agreement will constitute the legal, valid and binding obligation of the Servicer enforceable in accordance with its terms, except as enforcement of such terms may be limited by bankruptcy, insolvency or similar laws affecting the enforcement of creditors' rights generally and by the availability of equitable remedies; (iii) The Servicer is not required to obtain the consent of any other Person or any consent, license, approval or authorization from, or registration or declaration with, any governmental authority, bureau or agency in connection with the execution, delivery, performance, validity or enforceability of this Servicing Agreement, except for such consent, license, approval or authorization, or registration or declaration, as shall have been obtained or filed, as the case may be; (iv) The execution and delivery of this Servicing Agreement and the performance of the transactions contemplated hereby by the Servicer will not violate any provision of any existing law or regulation or any order or decree of any court applicable to the Servicer or any provision of the Certificate of Incorporation or Bylaws of the Servicer, or constitute a material breach of any mortgage, indenture, contract or other agreement to which the Servicer is a party or by which the Servicer may be bound; and (v) No litigation or administrative proceeding of or before any court, tribunal or governmental body is currently pending, or to the knowledge of the Servicer threatened, against the Servicer or any of its properties or with respect to this Servicing Agreement or the Notes or the Certificates which in the opinion of the Servicer has a reasonable likelihood of resulting in a material adverse effect on the transactions contemplated by this Servicing Agreement. The foregoing representations and warranties shall survive any termination of the Servicer hereunder.

  • Representations and Warranties Regarding the Contract Files Seller represents and warrants as of the execution and delivery of this Agreement and as of the Closing Date, in the case of the Initial Contracts, and as of the applicable Subsequent Transfer Date, in the case of Subsequent Contracts, that:

  • Representations and Warranties Regarding Each Contract Seller represents and warrants as to each Contract as of the execution and delivery of this Agreement and as of the Closing Date, that:

  • Representations and Warranties of Contractor Contractor represents and warrants to Company the following:

  • Representations and Warranties by Seller Seller represents and warrants to Buyer as follows:

  • Representations and Warranties; Etc Each Obligor hereby affirms: (a) that as of the date of execution and delivery of this First Amendment, all of the representations and warranties contained in each Loan Document to which such Obligor is a party are true and correct in all material respects as though made on and as of the First Amendment Effective Date (unless made as of a specific earlier date, in which case, was true as of such date); and (b) that after giving effect to this First Amendment and to the transactions contemplated hereby, no Defaults exist under the Loan Documents or will exist under the Loan Documents.

  • Representations and Warranties Regarding the Contracts in the Aggregate Seller represents and warrants, as of the execution and delivery of this Agreement and as of the Closing Date, that:

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