Common use of Underlying Documents Clause in Contracts

Underlying Documents. 17.25.1 The Certified Copies or originals of the Underlying Documents delivered or to be delivered to the Agent pursuant to Clause 18.1 (Information: miscellaneous): (a) are, or will when delivered be, true and complete copies or, as the case may be, originals of such documents; (b) constitute valid and binding obligations of the parties thereto; and (c) comprise the entire agreement between the parties to such documents and there have been no amendments or variations thereof. 17.25.2 All conditions precedent to the effectiveness of the Underlying Documents and of the obligations of the parties thereunder, have been fulfilled. 17.25.3 The Borrower is in compliance with all its obligations under the Underlying Documents to which it is a party and, to the best of the Borrower’s knowledge and belief, no other party to an Underlying Document is in material default of its obligations thereunder.