Common use of Representations of Each Party Clause in Contracts

Representations of Each Party. Each party represents and warrants that: (i) it is authorized to enter into this Agreement and each Activity hereunder and to perform its respective Obligations hereunder; (ii) the Agreement is legal, valid, binding and enforceable against it, except as enforceability may be limited by bankruptcy, moratorium on payment of debt or other laws affecting the rights of creditors generally; and (iii) the person who is executing this Agreement on its behalf is duly authorized to sign this Agreement in its name.

Appears in 18 contracts

Samples: Institutional Account Agreement (Orion Futures Fund Lp), Institutional Account Agreement (Tactical Diversified Futures Fund L.P.), Institutional Account Agreement (Ceres Tactical Macro L.P.)

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Representations of Each Party. Each party represents and warrants to the others that: : (i) it is authorized has the power to execute and deliver this Agreement, to enter into the transactions contemplated by this Agreement and each Activity hereunder Agreement, and to perform its respective Obligations obligations hereunder; ; (ii) the it has taken all necessary action to authorize such execution, delivery, and performance; (iii) this Agreement is constitutes a legal, valid, and binding and obligation enforceable against it, except as enforceability may be limited by bankruptcy, moratorium on payment of debt or other laws affecting the rights of creditors generally; and and (iiiiv) the person who is executing execution, delivery, and performance by it of this Agreement on its behalf is duly authorized to sign this Agreement in its nameshall at all times comply with all applicable laws and regulations.

Appears in 12 contracts

Samples: Third Party Securities Lending Agreement (Undiscovered Managers Funds), Third Party Securities Lending Agreement (Jp Morgan Mutual Fund Investment Trust), Third Party Securities Lending Agreement (Jp Morgan Fleming Mutual Fund Group Inc)

Representations of Each Party. Each party hereto represents and warrants to the other that: : (i) it is authorized has the power to execute and deliver this Lending Agreement, to enter into this Agreement and each Activity hereunder the transactions contemplated hereby, and to perform its respective Obligations obligations hereunder; ; (ii) the it has taken all necessary action to authorize such execution, delivery and performance; (iii) this Lending Agreement is constitutes a legal, valid, valid and binding and obligation enforceable against it, except as enforceability may be limited by bankruptcy, moratorium on payment of debt or other laws affecting the rights of creditors generally; and and (iiiiv) the person who is executing execution, delivery and performance by it of this Lending Agreement on its behalf is duly authorized to sign this Agreement in its nameshall at all times comply with all applicable laws and regulations.

Appears in 12 contracts

Samples: Securities Lending Agreement (Delaware Group Tax Free Fund), Securities Lending Agreement (Delaware Pooled Trust Inc), Securities Lending Agreement (Delaware Group Government Fund)

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Representations of Each Party. Each party hereto represents and warrants to the other that: : (i) it is authorized has the power to execute and deliver this Lending Agreement, to enter into this Agreement and each Activity hereunder the transactions contemplated hereby, and to perform its respective Obligations obligations hereunder; ; (ii) the it has taken all necessary action to authorize such execution, delivery, and performance; (iii) this Lending Agreement is constitutes a legal, valid, and binding and obligation enforceable against it, except as enforceability may be limited by bankruptcy, moratorium on payment of debt or other laws affecting the rights of creditors generally; and and (iiiiv) the person who is executing execution, delivery, and performance by it of this Lending Agreement on its behalf is duly authorized to sign this Agreement in its nameshall at all times comply with all applicable laws and regulations.

Appears in 10 contracts

Samples: Securities Lending Agreement (Jp Morgan Fleming Mutual Fund Group Inc), Securities Lending Agreement (Jp Morgan Mutual Fund Investment Trust), Securities Lending Agreement (JPMorgan Trust I)

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