Common use of Representations, Warranties and Covenants of Tenant Clause in Contracts

Representations, Warranties and Covenants of Tenant. Tenant represents, warrants and covenants to Landlord that: (a) Tenant is a Missouri corporation duly organized and in good standing in the state of its incorporation, which has duly qualified as a foreign corporation in the State of Pennsylvania. Tenant is a wholly-owned subsidiary of Peak Resorts, Inc., a Missouri corporation. Tenant has the legal power, right and authority to enter into this Lease and the instruments to be executed by Tenant pursuant to this Lease, and to consummate the transactions contemplated hereby. (b) BBJF LQ, Inc. is a Pennsylvania corporation duly organized and in good standing in the state of its incorporation. BBJF LQ, Inc. is a wholly-owned subsidiary of Tenant. Tenant has the legal power, right and authority to enter into this Lease and the instruments to be executed by Tenant pursuant to this Lease, and to consummate the transactions contemplated hereby. (c) All requisite action has been taken by Tenant in connection with Tenant’s execution of this Lease and the instruments to be executed by Tenant pursuant to this Lease, and the consummation of the transactions contemplated hereby. (d) The individuals executing this Lease and the instruments to be executed by Tenant pursuant to this Lease on behalf of Tenant have the legal power, right and actual authority to bind Tenant to the terms and conditions of this Lease and such instruments.

Appears in 1 contract

Samples: Lease (Peak Resorts Inc)

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Representations, Warranties and Covenants of Tenant. Tenant represents, warrants and covenants to Landlord that: (a) Tenant is a Missouri corporation duly organized and in good standing in the state of its incorporation, which has duly qualified as a foreign corporation in the State of Pennsylvania. Tenant is a wholly-owned subsidiary of Peak Resorts, Inc., a Missouri corporation. Tenant has the legal power, right and authority to enter into this Lease and the instruments to be executed by Tenant pursuant to this Lease, and to consummate the transactions contemplated hereby. (b) BBJF JFBB LQ, Inc. is a Pennsylvania corporation duly organized and in good standing in the state of its incorporation. BBJF JFBB LQ, Inc. is a wholly-owned subsidiary of Tenant. Tenant has the legal power, right and authority to enter into this Lease and the instruments to be executed by Tenant pursuant to this Lease, and to consummate the transactions contemplated hereby. (c) All requisite action has been taken by Tenant in connection with Tenant’s 's execution of this Lease and the instruments to be executed by Tenant pursuant to this Lease, and the consummation of the transactions contemplated hereby. (d) The individuals executing this Lease and the instruments to be executed by Tenant pursuant to this Lease on behalf of Tenant have the legal power, right and actual authority to bind Tenant to the terms and conditions of this Lease and such instruments.

Appears in 1 contract

Samples: Lease Agreement (Blue Ridge Real Estate Co)

Representations, Warranties and Covenants of Tenant. Tenant represents, warrants and covenants to Landlord that: (a) Tenant is a Missouri corporation duly organized and in good standing in the state of its incorporation, which has duly qualified as a foreign corporation in the State of Pennsylvania. Tenant is a wholly-owned subsidiary of Peak Resorts, Inc., a Missouri corporation. Tenant has the legal power, right and authority to enter into this Lease and the instruments to be executed by Tenant pursuant to this Lease, and to consummate the transactions contemplated hereby. (b) BBJF JFBB LQ, Inc. is a Pennsylvania corporation duly organized and in good standing in the state of its incorporation. BBJF JFBB LQ, Inc. is a wholly-owned subsidiary of Tenant. Tenant has the legal power, right and authority to enter into this Lease and the instruments to be executed by Tenant pursuant to this Lease, and to consummate the transactions contemplated hereby. (c) All requisite action has been taken by Tenant in connection with Tenant’s execution of this Lease and the instruments to be executed by Tenant pursuant to this Lease, and the consummation of the transactions contemplated hereby. (d) The individuals executing this Lease and the instruments to be executed by Tenant pursuant to this Lease on behalf of Tenant have the legal power, right and actual authority to bind Tenant to the terms and conditions of this Lease and such instruments.

Appears in 1 contract

Samples: Lease (Peak Resorts Inc)

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Representations, Warranties and Covenants of Tenant. Tenant represents, warrants and covenants to Landlord that: (a) Tenant is a Missouri corporation duly organized and in good standing in the state of its incorporation, which has duly qualified as a foreign corporation in the State of Pennsylvania. Tenant is a wholly-owned subsidiary of Peak Resorts, Inc., a Missouri corporation. Tenant has the legal power, right and authority to enter into this Lease and the instruments to be executed by Tenant pursuant to this Lease, and to consummate the transactions contemplated hereby. (b) BBJF LQ, Inc. is a Pennsylvania corporation duly organized and in good standing in the state of its incorporation. BBJF LQ, Inc. is a wholly-owned subsidiary of Tenant. Tenant has the legal power, right and authority to enter into this Lease and the instruments to be executed by Tenant pursuant to this Lease, and to consummate the transactions contemplated hereby. (c) All requisite action has been taken by Tenant in connection with Tenant’s 's execution of this Lease and the instruments to be executed by Tenant pursuant to this Lease, and the consummation of the transactions contemplated hereby. (d) The individuals executing this Lease and the instruments to be executed by Tenant pursuant to this Lease on behalf of Tenant have the legal power, right and actual authority to bind Tenant to the terms and conditions of this Lease and such instruments.

Appears in 1 contract

Samples: Lease Agreement (Blue Ridge Real Estate Co)

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