Common use of Borrower’s Representations, Warranties and Covenants Clause in Contracts

Borrower’s Representations, Warranties and Covenants. (a) The Borrower represents and warrants to the Holder that the Borrower is duly incorporated, organized or formed, as applicable, validly existing and in good standing under the laws of its jurisdiction of organization or incorporation, as applicable.

Borrower’s Representations, Warranties and Covenants. (a) The Borrower represents and warrants to the Holder that the Borrower is duly incorporated, organized or formed, as applicableorganized, validly existing and in good standing under the laws of its jurisdiction of organization or incorporation, as applicableorganization.