Examples of GWG Parties in a sentence
None of the GWG Parties nor any of their respective Affiliates has entered into any agreement with any account debtor that prohibits, restricts or conditions the assignment of any portion of the Assets.
Each Secured Party expressly acknowledges that neither the Agent, nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates has made any representations or warranties to it and that no act by the Agent hereafter taken, including, without limitation, any review of the affairs of the GWG Parties, shall be deemed to constitute any representation or warranty by the Agent.
If the item is only for supplying of murrum, then it shall be measured in cum.
In addition, the GWG Parties shall deliver to the Agent promptly (and in any event within one (1) Business Day) after their receiving the same, a copy of each comment letter or other correspondence received from the SEC or any other Governmental Authority relating to the Subordinated Indebtedness or the status of the GWG Parties for purposes of the Investment Company Act of 1940.
Each GWG Party shall take all such actions as are necessary on its part to ensure that the facts and assumptions set forth in the opinion of Xxxxx Lord Bissell & Liddell LLP, counsel for the GWG Parties, in connection with the closing under this Agreement and relating to true sale issues under the Sale and Servicing Agreement, and in the certificates accompanying such opinion, remain true and correct at all times.
None of the GWG Parties nor any Affiliate thereof has taken any action to convey any right to any Person, other than the Borrower or the Agent, that would result in such Person having a right to payments due under such Asset.
Lord Bissell & Liddell LLP with respect to the GWG Parties regarding (i) enforceability, (ii) validity, perfection and priority of security interests under UCC (based on CCH where appropriate), (iii) no governmental consents required, (iv) no violation of NY or federal law and (v) no requirement that GWG Parties be registered as “investment companies”.
The GWG Parties shall promptly notify the Agent of the filing of any registration statement with respect to the Subordinated Indebtedness Debentures, and of the withdrawal of any such registration statement.
Opinion of in-house counsel for GWG regarding general corporate matters with respect to the GWG Parties.
Each GWG Party shall take all such actions as are necessary on its part to ensure that the facts and assumptions set forth in the opinion of Xxxxx Lord Xxxxxxx & Xxxxxxx LLP, counsel for the GWG Parties, dated the Restatement Effective Date and relating to true sale issues under the Sale and Servicing Agreement, and in the certificates accompanying such opinion, remain true and correct at all times.