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

Representations: Intra-Group Lenders. Each Intra-Group Lender which is not a Debtor represents and warrants to the Primary Creditors and the Security Agent that: (a) it is a corporation or other limited liability entity, 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 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 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.

Representations: Intra-Group Lenders. Each Intra-Group Lender which is not a Debtor represents and warrants to the Primary Creditors and the Security Agent that: (a) it is a corporation duly organised (or other limited liability entitycompany duly incorporated), 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 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 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.

Representations: Intra-Group Lenders. Each Intra-Group Lender which is not a Debtor represents and warrants to the Primary Creditors Creditors, the Security Trustee and the Security Agent Representatives that: (a) it is a corporation or other limited liability entitycorporation, 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 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 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.