Common use of Warranty as to Receipts Clause in Contracts

Warranty as to Receipts. The Depositary hereby represents and warrants that the Receipts, when issued, will be legal, valid and binding obligations of the Depositary, enforceable against the Depositary in accordance with their terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, moratorium and other laws affecting creditors' rights generally and by general equity principles. Such representation and warranty shall survive the deposit of the Stock and the issuance of the Receipts.

Appears in 5 contracts

Samples: Deposit Agreement (S&t Bancorp Inc), Deposit Agreement (First Union Corp), Deposit Agreement (Fifth Third Capital Trust Iv)

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Warranty as to Receipts. The Depositary hereby represents and warrants that the Receipts, when issued, will be legal, valid and binding obligations of the Depositary, enforceable against the Depositary in accordance with their terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, moratorium and other laws affecting creditors' ’ rights generally and by general equity principles. Such representation and warranty shall survive the deposit of the Stock and the issuance of the Receipts.

Appears in 4 contracts

Samples: Deposit Agreement (Pmi Group Inc), Deposit Agreement (Pmi Group Inc), Deposit Agreement (Wachovia Preferred Funding Corp)

Warranty as to Receipts. The Depositary hereby ----------------------- represents and warrants that the Receipts, when issued, will be legal, valid and binding obligations of the Depositary, enforceable against the Depositary in accordance with their terms, except as such enforceability may be limited by applicable subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and other similar laws of general applicability relating to or affecting creditors' rights generally and by to general equity principles. Such representation and warranty shall survive the deposit of the Stock and the issuance of the Receipts.

Appears in 2 contracts

Samples: Deposit Agreement (Unova Inc), Deposit Agreement (Monsanto Co)

Warranty as to Receipts. The Depositary hereby represents and warrants that the Receipts, when issued, will be legal, valid and binding obligations of the Depositary, enforceable against the Depositary in accordance with their terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, moratorium and other laws affecting creditors' ’ rights generally and by general equity principles. Such representation and warranty shall survive the deposit of the shares of Stock and the issuance of the Receipts.

Appears in 2 contracts

Samples: Deposit Agreement (Wachovia Corp New), Deposit Agreement (Wachovia Corp New)

Warranty as to Receipts. The Depositary hereby represents and warrants that the Receipts, when issued, will be legal, valid and binding obligations of the Depositary, enforceable against the Depositary in accordance with their terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, moratorium and other laws affecting creditors' rights generally and by general equity principles. Such representation and warranty shall survive the deposit of the shares of Stock and the issuance of the Receipts.

Appears in 2 contracts

Samples: Deposit Agreement (Regency Centers Corp), Deposit Agreement (Regency Centers Corp)

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Warranty as to Receipts. The Depositary hereby represents and warrants that the Receipts, when issued, will be legal, valid and binding obligations of the Depositary, enforceable against the Depositary in accordance with their terms, except as such enforceability may be limited by applicable subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and other similar laws of general applicability relating to or affecting creditors' rights generally and by to general equity principles. Such representation and warranty shall survive the deposit of the Stock and the issuance of the Receipts.

Appears in 1 contract

Samples: Deposit Agreement (Aar Corp)

Warranty as to Receipts. The Depositary hereby represents and warrants that the Receipts, when issued, will be legal, valid and binding obligations of the Depositary, enforceable against the Depositary in accordance with their terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, moratorium and other laws affecting creditors' rights generally and by general equity principles. Such representation and warranty shall survive the deposit of the Preferred Stock and the issuance of the Receipts.

Appears in 1 contract

Samples: Deposit Agreement (Xo Communications Inc)

Warranty as to Receipts. The Depositary hereby represents and warrants that the Receipts, when issued, will be legal, valid and binding obligations of the Depositary, enforceable against the Depositary in accordance with their terms, except as such enforceability may be limited by applicable subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and other similar laws of general applicability relating to or affecting creditors' rights generally and by to general equity principles. Such representation and warranty shall survive the deposit of the Stock Shares and the issuance of the Receipts.

Appears in 1 contract

Samples: Deposit Agreement (Prime Group Realty Trust)

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