Common use of Representations & Warranties Clause in Contracts

Representations & Warranties. a) Seller covenants and represents to Buyer, which covenants shall be true and accurate at the time of closing, as follows: 1. Seller is a duly organized, validly existing municipality, and is in good standing under the laws of the State of Missouri and is possessed and vested with full power and authority to enter into and consummate, this Contract and to perform Seller's obligations hereunder. 2. The Joplin City Council and/or its duly authorized representatives must approve the transactions contemplated by this Contract, and the authorized representative of Seller has the authorization to execute this Contract and to do all other such acts and to take such other action as may be necessary to consummate this Contract, upon Council approval. 3. This Contract is a valid and binding agreement, enforceable in accordance with its terms. 4. There are no leases, tenancies or other rental arrangements pertaining to any portion of the property, and Seller owns fee simple title to the Property and has full right and lawful authority to enter into and perform Seller's obligations under this Contract. b) Buyer covenants, represents, and warrants to Seller, as follows: 1. Xxxxx, is authorized to enter into this Contract and complete the transactions contemplated hereunder. 2. This Contract is a valid and binding agreement, enforceable in accordance with its terms.

Appears in 22 contracts

Samples: Real Estate Contract, Real Estate Contract, Real Estate Contract

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Representations & Warranties. a) Seller covenants and represents to Buyer, which covenants shall be true and accurate at the time of closing, as follows: 1. Seller is a duly organized, validly existing municipality, and is in good standing under the laws of the State of Missouri and is possessed and vested with full power and authority to enter into and consummate, this Contract and to perform Seller's obligations hereunder. 2. The Joplin City Council and/or its duly authorized representatives must approve the transactions contemplated by this Contract, and the authorized representative of Seller has the authorization to execute this Contract and to do all other such acts and to take such other action as may be necessary to consummate this Contract, upon Council approval. 3. This Contract is a valid and binding agreement, enforceable in accordance with its terms. 4. There are no leases, tenancies or other rental arrangements pertaining to any portion of the property, and Seller owns fee simple title to the Property and has full right and lawful authority to enter into and perform Seller's obligations under this Contract. b) Buyer covenants, represents, and warrants to Seller, as follows: 1. XxxxxBuyer, is authorized to enter into this Contract and complete the transactions contemplated hereunder. 2. This Contract is a valid and binding agreement, enforceable in accordance with its terms.

Appears in 7 contracts

Samples: Real Estate Contract, Real Estate Contract, Real Estate Contract

Representations & Warranties. a) Seller Buyer covenants and represents to BuyerSeller, which covenants shall be true and accurate at the time of closing, as follows: 1. Seller Buyer is a duly organized, validly existing municipality, and is in good standing under the laws of the State of Missouri and is possessed and vested with full power and authority to enter into and consummate, this Contract and to perform SellerBuyer's obligations hereunder. 2. The Joplin City Council and/or its duly authorized representatives must approve the transactions contemplated by this Contract, and the authorized representative of Seller Buyer has the authorization to execute this Contract and to do all other such acts and to take such other action as may be necessary to consummate this Contract, upon Council approval. 3. This Contract is a valid and binding agreement, enforceable in accordance with its terms. 4b) Seller covenants, represents, and warrants to Buyer, as follows: 1. Seller is authorized to enter into this Contract and complete the transactions contemplated hereunder. 2. This Contract is a valid and binding agreement, enforceable in accordance with its terms. 3. There are no leases, tenancies or other rental arrangements pertaining to any portion of the property, and Seller owns fee simple title to the Property and has full right and lawful authority to enter into and perform Seller's obligations under this Contract. b) Buyer covenants, represents. Seller has the legal right to sell the real estate described herein, and warrants the sale to Buyer does not violate or breach any legal, easement or access rights held, owned or leased by or between any third parties and Seller, as follows: 1. Xxxxx, is authorized to enter into this Contract and complete the transactions contemplated hereunder. 2. This Contract is a valid and binding agreement, enforceable in accordance with its terms.

Appears in 1 contract

Samples: Real Estate Purchase Contract

Representations & Warranties. a) Seller City covenants and represents to BuyerHabitat, which covenants shall be true and accurate at the time of closing, as follows: 1. Seller is a duly organized, validly existing municipality, and is in good standing under the laws of the State of Missouri and is possessed and vested with full power and authority to enter into and consummate, this Contract and to perform Seller's obligations hereunder. 2. The Joplin City Council and/or its duly authorized representatives must approve the transactions contemplated by this Contract, and the authorized representative of Seller has the authorization to execute this Contract and to do all other such acts and to take such other action as may be necessary to consummate this Contract, upon Council approval. 3. This Contract is a valid and binding agreement, enforceable in accordance with its terms. 4. There are no leases, tenancies or other rental arrangements pertaining to any portion of the property, and Seller owns fee simple title to the Property and has full right and lawful authority to enter into and perform Seller's obligations under this Contract. b) Buyer Habitat covenants, represents, and warrants to SellerCity, as follows: 1. Xxxxx, is authorized to enter into this Contract and complete the transactions contemplated hereunder. 2. This Contract is a valid and binding agreement, enforceable in accordance with its terms. 3. There are no leases, tenancies or other rental arrangements pertaining to any portion of the property, and Seller owns fee simple title to the Property and has full right and lawful authority to enter into and perform Seller's obligations under this Contract.

Appears in 1 contract

Samples: Real Estate Contract

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Representations & Warranties. a) Seller Buyer covenants and represents to BuyerSeller, which covenants shall be true and accurate at the time of closing, as follows: 1. Buyer is a duly organized, validly existing nonprofit corporation, is in good standing under the laws of the State of Missouri, and is possessed and vested with full power and authority to enter into and consummate this Contract and to perform Buyer's obligations hereunder. 2. Xxxxx is authorized to enter into this Contract and complete the transactions contemplated hereunder. 3. This Contract is a valid and binding agreement, enforceable in accordance with its terms. b) Seller covenants, represents, and warrants to Buyer, as follows: 1. Seller is a duly organized, validly existing municipality, and is in good standing under the laws of the State of Missouri and is possessed and vested with full power and authority to enter into and consummate, this Contract and to perform SellerBuyer's obligations hereunder. 2. The Joplin City Council and/or its duly authorized representatives must approve the transactions contemplated by this Contract, and the authorized representative of Seller has the authorization to execute this Contract and to do all other such acts and to take such other action as may be necessary to consummate this Contract, upon Council approval. 3. This Contract is a valid and binding agreement, enforceable in accordance with its terms. 4. There are no leases, tenancies or other rental arrangements pertaining to any portion of the property, and Seller owns fee simple title to the Property and has full right and lawful authority to enter into and perform Seller's obligations under this Contract. b) Buyer covenants, represents, and warrants to Seller, as follows: 1. Xxxxx, is authorized to enter into this Contract and complete the transactions contemplated hereunder. 2. This Contract is a valid and binding agreement, enforceable in accordance with its terms.

Appears in 1 contract

Samples: Real Estate Purchase Contract

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