Mortgagor’s Representations Sample Clauses

Mortgagor’s Representations. Mortgagor represents that: (i) it has made no prior assignment or pledge of the rents assigned hereby or of Mortgagor’s interest in any of the Leases; (ii) to the best of Mortgagor’s knowledge no default exists in any of the Leases; (iii) to the best of Mortgagor’s knowledge none of the Leases have been modified; and (iv) no prepayment of any installment of rent for more than one (1) month due under any of the Leases has been received by Mortgagor.
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Mortgagor’s Representations. Mortgagor represents and warrants that: (a) it is duly organized, validly existing and in good standing under the laws of the State of Florida, and has the right and power and has obtained all necessary authorization to execute and deliver this Mortgage and the other Loan Documents to which it is a party and to perform its obligations thereunder in accordance with the terms thereof; (b) the consent of any governmental body, agency or entity is not required (or if required has been obtained) in connection with the execution and delivery of this Mortgage; (c) the execution, delivery, and performance by Mortgagor of the Loan Documents does not: (i) violate: (A) any existing provision of law, rule, or regulation; (B) Mortgagor’s articles of organization and regulations; (C) any provision of any indenture, agreement or other instrument of which Mortgagor is a party or by which it is bound; or (D) any order of any court or other agency of government binding upon Mortgagor; or (ii) result in the creation of any lien, charge, or encumbrance other than the lien created by this Mortgage; and (d) the Obligations are not also secured, directly or indirectly, by “margin securities” or “stock” as defined, respectively, in Regulation G and Regulation U issued by the Board of Governors of the Federal Reserve System.
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Mortgagor’s Representations. Without prejudice to any of the other representations, covenants and warranties herein made, the Mortgagor represents unto the Mortgagee the following:
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Mortgagor’s Representations. Supplementing Section 2.01(p), Mortgagor represents and warrants that except as expressly approved by Mortgagee in writing, no casualty or damage to, or destruction in whole or in part of, the Property by fire or other casualty (a “Casualty”) that would cost more than Fifty Thousand and No/100 Dollars ($50,000.00) to restore or replace has occurred which has not been fully restored or replaced.
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Mortgagor’s Representations. Xxxxxxxxx represents and warrants as follows:
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Mortgagor’s Representations. Supplementing Section
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Mortgagor’s Representations. Mortgagor warrants and represents that it possesses a good and marketable title to an indefeasible fee simple estate in the Subject Premises; that Mortgagor has full power and lawful authority to subject the Subject Premises to the lien of this Mortgage in the manner and form herein provided; that it shall be lawful for Mortgagee at all times to enter upon, hold, occupy and enjoy the Subject Premises and every part thereof; that the Subject Premises is free from all liens and encumbrances subject only to those title exceptions listed in the mortgagee title insurance policy approved by and issued to Mortgagee, insuring the priority of the lien of this Mortgage; that all information, reports, papers and data given to Mortgagee with respect to the Subject Premises or Mortgagor are accurate in all material respects; that no notice of taking by eminent domain or condemnation of any part of the Subject Premises has been received, and Mortgagor has no knowledge that any of such is contemplated; that the Subject Premises and the present use and occupancy thereof are in compliance with all applicable laws, rules, ordinances, statutes and regulations; and that no part of the Subject Premises is located in an area designated by any federal, state or local governmental entity as having a special flood hazard.
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Related to Mortgagor’s Representations

  • Assignor’s Representations The Assignor (a) represents and warrants that (i) it is legally authorized to enter into this Assignment and Acceptance, (ii) as of the date hereof, its aggregate Commitment Amount is [$ ], its Commitment Percentage is [ %], the aggregate outstanding principal balance of its Loans equals [$ ] (in each case after giving effect to the assignment contemplated hereby but without giving effect to any contemplated assignments which have not yet become effective), and (iii) immediately after giving effect to all assignments which have not yet become effective, the Assignor’s Commitment Percentage will be sufficient to give effect to this Assignment and Acceptance; (b) makes no representation or warranty, express or implied, and assumes no responsibility with respect to any statements, warranties or representations made in or in connection with the Credit Agreement or any of the other Loan Documents or the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Credit Agreement, any of the other Loan Documents or any other instrument or document furnished pursuant thereto, other than that it is the legal and beneficial owner of the interest being assigned by it hereunder free and clear of any claim or encumbrance; (c) makes no representation or warranty and assumes no responsibility with respect to the financial condition of any Borrower or the performance or observance by any Borrower in respect of any of the Obligations or any of its obligations under the Credit Agreement or any of the other Loan Documents or any other instrument or document delivered or executed pursuant thereto; and (d) if issued by the Borrowers pursuant to Section 2.4 of the Credit Agreement, attaches hereto its Note. [Pursuant to Section 2.4 of the Credit Agreement, the Assignee requests that the Borrowers exchange the Assignor’s Note for new Notes payable to the Assignor and the Assignee as follows: Notes Payable to the Order of: Amounts of Notes Assignor $ Assignee $ ]

  • VENDOR'S REPRESENTATIONS The Vendor's representations contained in this Agreement will be true.

  • Depositor's Representations Depositor represents as follows:

  • Pledgor's Representations and Covenants To induce Pledgee to enter into this Security Agreement, Pledgor represents and covenants to Pledgee, its successors and assigns, as follows:

  • Pledgor’s Representations and Warranties The Pledgor hereby represents and warrants as of the effective date of this Agreement:

  • Seller’s Representations Seller represents and warrants to Buyer as follows:

  • Lessor’s Representations and Warranties Lessor represents and warrants that it will abide by and conform to all such laws, governmental and airport orders, rules and regulations, as shall from time to time be in effect relating in any way to the operation and use of the Aircraft pursuant to this Agreement.

  • Seller Representations Seller hereby represents and warrants that:

  • Borrower’s Representations Borrower hereby represents and warrants to Lender as follows:

  • Vendor’s Representations and Warranties 1. The Vendor represents and warrants to the Purchaser that:

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