Common use of Representations: Intra-Group Lenders Clause in Contracts

Representations: Intra-Group Lenders. Each Intra-Group Lender represents and warrants to the Pari Passu Creditors that: (a) it is a corporation, duly incorporated or formed and validly existing under the laws of its jurisdiction of incorporation or formation; (b) the obligations expressed to be assumed by it in this Deed are, subject to any general principles of law limiting its obligations which are applicable to creditors generally, legal, valid, binding and enforceable obligations; and (c) the entry into and performance by it of this Deed does not and will not: (i) conflict with any law or regulation applicable to it, its constitutional documents or any agreement or instrument binding upon it or any of its assets; or (ii) constitute a default or termination event (however described) under any agreement or instrument binding on it or any of its assets.

Appears in 2 contracts

Samples: Intercreditor Agreement (Selina Hospitality PLC), Intercreditor Agreement (Selina Hospitality PLC)

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Representations: Intra-Group Lenders. Each Intra-Group Lender which is not a Debtor represents and warrants to the Pari Passu Primary Creditors that: (a) it is a corporationlimited liability entity, duly incorporated or formed established and validly existing under the laws of its jurisdiction of incorporation or formationincorporation; (b) the obligations expressed to be assumed by it in this Deed are, subject to any general principles of law limiting its obligations which Agreement are applicable to creditors generally, legal, valid, binding and enforceable obligations; and (c) the entry into and performance by it of of, and the transactions contemplated by, this Deed does Agreement do not and will notnot conflict with: (i) conflict with any law or regulation applicable to it, it in any material respect; (ii) its constitutional documents or documents; or (iii) any agreement or instrument binding upon it or any of its assets; or (ii) assets or constitute a default or termination event (however described) under any agreement or instrument binding on it or any of its assets.

Appears in 2 contracts

Samples: Intercreditor Agreement (B Communications LTD), Intercreditor Agreement (Internet Gold Golden Lines LTD)

Representations: Intra-Group Lenders. Each Intra-Group Lender which is not a Debtor represents and warrants to each of the Pari Passu Senior Creditors and the Security Agent that: (a) it is a corporationlimited liability corporation or company, duly incorporated or formed and validly existing and, where applicable, in good standing under the laws of its jurisdiction of incorporation or formationincorporation; (b) the obligations expressed to be assumed by it in this Deed Agreement are, subject to any general principles of law limiting its obligations which are applicable to creditors generallythe Legal Reservations, legal, valid, binding and enforceable obligations; and (c) the entry into and performance by it of of, and the transactions contemplated by, this Deed Agreement does not and will notconflict with: (i) conflict with any applicable law or regulation applicable to it, regulation; (ii) its constitutional documents or Constitutional Documents; or (iii) any agreement or instrument binding upon it or any of its assets; or (ii) assets or constitute a default or termination event (however described) under any such agreement or instrument binding on it or any of its assetsinstrument.

Appears in 1 contract

Samples: Deed of Amendment Agreement (RISE Education Cayman LTD)

Representations: Intra-Group Lenders. Each Intra-Group Lender which is not a Debtor represents and warrants to the Pari Passu Senior Creditors and the Security Agent that: (a) it is a corporation, duly incorporated or formed and validly existing under the laws of its jurisdiction of incorporation or formation; (b) the obligations expressed to be assumed by it in this Deed Agreement are, subject to any general principles of law limiting its obligations which are applicable to creditors generally, legal, valid, binding and enforceable obligations; and (c) the entry into and performance by it of this Deed Agreement does not and will not: (i) conflict with any law or regulation applicable to it, its constitutional documents or any agreement or instrument binding upon it or any of its assets; or (ii) constitute a default or termination event (however described) under any agreement or instrument binding on it or any of its assets.

Appears in 1 contract

Samples: Intercreditor Agreement

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Representations: Intra-Group Lenders. Each Intra-Group Lender which is not a Debtor represents and warrants to the Pari Passu Primary Creditors and the Security Agent that: (a) it is a corporation, duly incorporated or formed and validly existing under the laws of its jurisdiction of incorporation or formation; (b) the obligations expressed to be assumed by it in this Deed Agreement are, subject to any general principles of law limiting its obligations which are applicable to creditors generally, legal, valid, binding and enforceable obligations; and (c) the entry into and performance by it of this Deed Agreement does not and will not: (i) conflict with any law or regulation applicable to it, its constitutional documents or any agreement or instrument binding upon it or any of its assets; or (ii) constitute a default or termination event (however described) under any agreement or instrument binding on it or any of its assets.

Appears in 1 contract

Samples: Intercreditor Agreement (Ferroglobe PLC)

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