Representations Regarding Contracts. The representations and warranties set forth in Sections 3.02 and 3.03 of the Pooling and Servicing Agreement are true and correct.
Representations Regarding Contracts. (a) Each Contract to which Grantor is a party is in full force and effect and constitutes a valid and legally enforceable obligation of Grantor, except as the enforceability thereof may be limited by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors' rights generally or by general equitable principles (whether considered in a proceeding in equity or at law).
Representations Regarding Contracts. The Debtor represents and warrants to the Secured Party that each Contract in effect on the date of this Agreement (i) has been duly authorized, executed and delivered by all parties to the Contract (other than the Secured Party), (ii) has not been amended or otherwise modified, (iii) is in full force and effect, (iv) is binding upon and enforceable against all parties to the Contract (other than the Secured Party) in accordance with its terms, and (v) there exists no defaults under the Contract by the Debtor, or to the best knowledge of the Debtor, by the other parties to the Contract.
