Common use of INDUCING REPRESENTATIONS Clause in Contracts

INDUCING REPRESENTATIONS. To induce Lender to enter into this Agreement, Borrower hereby represents and warrants that: (i) Borrower is duly authorized to enter into this Agreement, and this Agreement, upon its execution by Borrower and Lender, will constitute Borrower's legal, valid and binding obligations enforceable in accordance with its terms against Borrower; (ii) after giving effect to this Agreement, no Event of Default exists; (iii) no present right of setoff, counterclaim, recoupment claim, claim, cause or action or defense exists in Borrower's favor in respect of its payment or performance of any Obligations or arising from any action (or inaction) of Lender; and (iv) except as modified by this Agreement, all terms of the Loan Agreement and each Loan Document are in full force and effect as originally stated.

INDUCING REPRESENTATIONS. To induce Lender Agent and Lenders to enter into this Agreement, Borrower hereby represents and warrants that: (i) Borrower is duly authorized to enter into this Agreement, and this Agreement, upon its execution by Borrower Borrower, Agent and each Lender, will constitute Borrower's ’s legal, valid and binding obligations enforceable in accordance with its terms against Borrower; (ii) after giving effect to this Agreement, no Event of Default exists; (iii) no present right of setoff, counterclaim, recoupment claim, claim, cause or action claim or defense exists in Borrower's ’s favor in respect of its payment or performance of any Obligations or arising from any action (or inaction) of LenderObligations; and (iv) except as modified by this Agreement, all terms of the Loan Agreement and each Loan Document are shall remain in full force and effect as originally statedeffect.

INDUCING REPRESENTATIONS. To induce Lender Agent and Lenders to enter into this Agreement, Borrower hereby represents and warrants that: (i) Borrower is duly authorized to enter into this Agreement, and this Agreement, upon its execution by Borrower Borrower, Agent and each Lender, will constitute Borrower's ’s legal, valid and binding obligations enforceable in accordance with its terms against Borrower; (ii) after giving effect to this Agreement, no Default or Event of Default exists; (iii) no present right of setoff, counterclaim, recoupment claim, claim, cause or action claim or defense exists in Borrower's ’s favor in respect of its payment or performance of any Obligations or arising from any action (or inaction) of LenderObligations; and (iv) except as modified by this Agreement, all terms of the Loan Credit Agreement and each Loan Document are shall remain in full force and effect as originally statedeffect.

INDUCING REPRESENTATIONS. To induce Lender the Agent and the Lenders to enter into this Agreement, each Borrower hereby represents and warrants that: (ia) such Borrower is duly authorized to enter into this Agreement, and this Agreement, upon its execution by Borrower such Borrower, the Agent and each Lender, will constitute such Borrower's ’s legal, valid and binding obligations enforceable in accordance with its terms against such Borrower; (iib) after giving effect to this AgreementAgreement and the consummation of the Perris Sale/Leaseback, no Default or Event of Default exists; (iiic) no present right of setoff, counterclaim, recoupment claim, claim, cause or action claim or defense exists in such Borrower's ’s favor in respect of its payment or performance of any Obligations or arising from any action (or inaction) of LenderObligations; and (ivd) except as modified by this Agreement, all terms of the Loan Credit Agreement and each Loan Document are shall remain in full force and effect as originally statedeffect.

INDUCING REPRESENTATIONS. To induce Lender the Agent and the Lenders to enter into this Agreement, each Borrower hereby represents and warrants that: (ia) such Borrower is duly authorized to enter into this Agreement, and this Agreement, upon its execution by Borrower such Borrower, the Agent and each Lender, will constitute such Borrower's ’s legal, valid and binding obligations enforceable in accordance with its terms against such Borrower; (iib) after giving effect to this AgreementAgreement and the consummation of the CCI Stock Sale, no Default or Event of Default exists; (iiic) no present right of setoff, counterclaim, recoupment claim, claim, cause or action claim or defense exists in such Borrower's ’s favor in respect of its payment or performance of any Obligations or arising from any action (or inaction) of LenderObligations; and (ivd) except as modified by this Agreement, all terms of the Loan Credit Agreement and each Loan Document are shall remain in full force and effect as originally statedeffect.