WARRANTIES & REPRESENTATIONS. 10.01. Buyer represents and warrants to Seller that at the time of execution of this Agreement and at the time of delivery of the Aircraft hereunder: (a) Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of Minnesota; (b) Buyer has the corporate power and authority to execute, deliver and perform its obligations under this Agreement;
Appears in 7 contracts
Samples: Aircraft Purchase Agreement (American Income Partners Iv a L P), Aircraft Purchase Agreement (American Income Partners Iii-B Limited Partnership), Aircraft Purchase Agreement (American Income Partners Iii-D Limited Partnership)