Common use of Representations of Assignor Clause in Contracts

Representations of Assignor. Assignor hereby represents and covenants to Assignee that: a. Assignor has all requisite authority to execute and deliver this Agreement and any other document contemplated by this Agreement and to perform its obligations hereunder and to consummate the transactions contemplated hereby; b. The outstanding principal amount of the Note, as of August 4, 2014 is $175,000 and the accrued and unpaid interest is $8,750.00. c. Assignor’s interest in and to the Note are free and clear of all liens, encumbrances, obligations or defects which are of record prior to the date of this Agreement. d. Assignor is an "accredited investor" within the meaning of Regulation D, Rule 501(a), promulgated by the Securities and Exchange Commission under the Securities Act. e. Neither Assignor nor any of its officers and directors are now, or have been in the last 90-days, officers or directors of the Company, or beneficial holders of 10% or more of its stock

Representations of Assignor. Assignor hereby represents and covenants to Assignee that: a. Assignor has all requisite authority to execute and deliver this Agreement and any other document contemplated by this Agreement and to perform its obligations hereunder and to consummate the transactions contemplated hereby; b. The outstanding principal amount of the Noteand accrued interest ofthese Notes, as of August 4February 6, 2014 2013 is $175,000 and the accrued and unpaid interest is $8,750.0050,952.50. c. Assignor’s 's interest in and to the Note are free and clear of all liens, encumbrances, obligations or defects which are of record prior to the date of this Agreement. d. Assignor is an "accredited investor" within the meaning of Regulation D, Rule 501(a), promulgated by the Securities and Exchange Commission under the Securities Act. e. Neither Assignor nor any of its officers and directors are now, or have been in the last 90-days, officers or directors of the Company, or beneficial holders of 10% or more of its stock

Representations of Assignor. Assignor hereby represents and covenants to Assignee that: a. Assignor has all requisite authority to execute and deliver this Agreement and any other document contemplated by this Agreement and to perform its obligations hereunder and to consummate the transactions contemplated hereby; b. The outstanding principal amount of the Promissory Note, as of August 4September 18, 2014 2013 is $175,000 and the accrued and unpaid interest is $8,750.00.6,855,000; c. e. Assignor’s 's interest in and to the Promissory Note are free and clear of all liens, encumbrances, obligations or defects which are of record prior to the date of this Agreement.; d. Assignor is an "accredited investor" within the meaning of Regulation D, Rule 501(a), promulgated by the Securities and Exchange Commission under the Securities Act.; e. Neither Assignor nor any of its officers and directors are now, or have been in the last 90-days, officers or directors of the Company, or beneficial holders of 10% or more of its stock,

Representations of Assignor. Assignor hereby represents and covenants to Assignee that: a. Assignor has all requisite authority to execute and deliver this Agreement and any other document contemplated by this Agreement and to perform its obligations hereunder and to consummate the transactions contemplated hereby; b. The outstanding principal amount of the Note, as of August 4July 14, 2014 2015 is $175,000 and the accrued and unpaid interest is $8,750.00154,000.00. c. Assignor’s interest Assignor'sinterest in and to the Note are free and clear of all liens, encumbrances, obligations or defects which are of record prior to the date of this Agreement. d. Assignor is an "accredited investor" within the meaning of Regulation D, Rule 501(a), promulgated by the Securities and Exchange Commission under the Securities Act. e. Neither Assignor nor any of its officers and directors are now, or have been in the last 90-90- days, officers or directors of the Company, or beneficial holders of 10% or more of its stock