Common use of Representations, Warranties, Etc Clause in Contracts

Representations, Warranties, Etc. The Company represents and warrants -------------------------------- to and covenants with the Trustee as follows: (a) The Company is a corporation duly formed, validly existing and in good standing under the laws of the State of Delaware, with the power and authority to own its assets and conduct its business as currently conducted, to enter into this First Supplemental Indenture and to perform its obligations under the Indenture and the Outstanding Debt. (b) First Maryland has been duly and validly merged into the Company, and the Company has succeeded to all of the rights, privileges, duties and responsibilities of First Maryland, under the laws of the States of Maryland and Delaware. (c) The execution, delivery and performance of this First Supplemental Indenture have been duly authorized by all necessary action on the part of the Company, and this First Supplemental Indenture represents the valid and binding obligation of the Company, enforceable against the Company in accordance with its terms. (d) No Event of Default, and no event which with notice or lapse of time or both would constitute an event of Default, has happened and is continuing as a result of the merger of First Maryland into the Company or otherwise.

Representations, Warranties, Etc. The Company represents and warrants -------------------------------- to and covenants with the Trustee as follows: (a) The Company is a corporation duly formed, validly existing and in good standing under the laws of the State of Delaware, with the power and authority to own its assets and conduct its business as currently conducted, to enter into this First Supplemental Indenture and to perform its obligations every covenant and obligation to be performed by it under the Indenture and the Outstanding DebtNotes. (b) First Maryland has been duly and validly merged into the Company, and the Company has succeeded to all of the rights, privileges, duties and responsibilities of First Maryland, under the laws of the States of Maryland and Delaware. (c) The execution, delivery and performance of this First Supplemental Indenture have been duly authorized by all necessary action on the part of the Company, and this First Supplemental Indenture represents the valid and binding obligation of the Company, enforceable against the Company in accordance with its terms. (d) No Event of Default, and no event which with notice or lapse of time or both would constitute an event of Default, has happened and is continuing as a result of the merger of First Maryland into the Company or otherwise.