Common use of Basic Documents Clause in Contracts

Basic Documents. Each of the representations and warranties made by it in the Basic Documents to which it is a party is true and correct; PROVIDED that this representation shall not be deemed to have been breached if (i) Borrower or Guarantor, as the case may be, shall have breached a representation or warranty contained in any Basic Document but such party shall have cured such breach within the applicable cure period, if any, set forth in the applicable Basic Document or (ii) Guarantor shall have breached any representation set forth in Section 3.2(b) of the Purchase Agreement, so long as (x) Guarantor complies with its obligations under Section 6.2 of the Purchase Agreement with respect to such breach or (y) AMC complies with its obligations under the AMC Guarantee in connection with Guarantor's obligations under Section 6.2 of the Purchase Agreement with respect to such breach.

Basic Documents. Each of the representations and warranties made by it in the Basic Documents to which it is a party is true and correct; PROVIDED provided that this representation shall not be deemed to have been breached if (i) Borrower or Guarantor, as the case may be, shall have breached a representation or warranty contained in any Basic Document but such party shall have cured such breach within the applicable cure period, if any, set forth in the applicable Basic Document or (ii) Guarantor shall have breached any the representation set forth in Section 3.2(b) of the Purchase Agreement, so long as (x) Guarantor complies with its obligations under Section 6.2 of the Purchase Agreement with respect to such breach or (y) AMC complies with its obligations under the AMC Guarantee in connection with Guarantor's obligations under Section 6.2 of the Purchase Agreement with respect to such breach.