Representations and Warranties 10. Section 4.1 Organization 10 Section 4.2 Authorization; No Breach 10 Section 4.3 Legal Effect 10 Section 4.4 Information 10 Section 4.5 Survival of Representations and Warranties 10 ARTICLE V COVENANTS 11 Section 5.1 Additional Covenants 11 ARTICLE VI DEFAULT AND REMEDIES 11 Section 6.1 Events of Default 11 Section 6.2 Remedies 13 Section 6.3 Right of Offset 13 Section 6.4 Cumulative Remedies 13 Section 6.5 Application of Payments 13 ARTICLE VII TRANSFERS 13 Section 7.1 Assignment by Lender 13 ARTICLE VIII MISCELLANEOUS 14 Section 8.1 Amendments 14 Section 8.2 Notices 14 Section 8.3 No Waiver; Remedies 14 Section 8.4 Costs and Expenses; Indemnification 14 Section 8.5 Binding Effect; Assignments and Participations 15 Section 8.6 Execution in Counterparts 15 Section 8.7 Governing Law 15 Section 8.8 Service of Process 15 Section 8.9 Consent to Jurisdiction 15 Section 8.10 Waiver of Jury Trial 16 Section 8.11 No Fiduciary Duty 16 Section 8.12 Severability 16 Section 8.13 Entire Agreement 16 Section 8.14 Descriptive Headings 17 Section 8.15 Gender and Number 17 SCHEDULE 1 Notice Addresses EXHIBIT A Form of Advance Request LOAN AGREEMENT THIS LOAN AGREEMENT (this “Agreement”), dated as of the date set forth on the cover page of this Agreement, is made by and between CPA:18 LIMITED PARTNERSHIP, a Delaware limited partnership (“Borrower”), and W. P. XXXXX INC., a Maryland corporation (“Lender”).
Representations and Warranties 10. Section 3.01.
Representations and Warranties 10. Section 3.1. Representations and Warranties of the Company 10 Section 3.2. Representations and Warranties of the Purchaser Parties 34 ARTICLE IV COVENANTS RELATING TO CONDUCT OF BUSINESS PENDING THE MERGERS 38 Section 4.1. Conduct of Business. 38 ARTICLE V ADDITIONAL COVENANTS 42 Section 5.1. Access to Information; Confidentiality 42 Section 5.2. Reasonable Efforts; Notification. 43 Section 5.3. Tax Treatment. 44 Section 5.4. No Solicitation of Transactions. 45 Section 5.5. Public Announcements 46 Section 5.6. Transfer and Gains Taxes; Shareholder Demand Letters 47 Section 5.7. Employee Arrangements; Accrued Bonuses; Employee Brokerage Arrangements. 47 Section 5.8. Indemnification; Trustees’ and Officers’ Insurance. 50 Section 5.9. Deposit Escrow Agreement 52 Section 5.10. Series B Share Distribution 52 Section 5.11. Sale of Properties 52 Section 5.12. Company Proxy Statement 53 Section 5.13. Company Shareholders Meeting; Partnership Unitholder Approval. 53 Section 5.14. Director Resignations 53 Section 5.15. Undertakings of Parent 53 Section 5.16. Financing. 54 Section 5.17. Company Board Recommendation. 55 Section 5.18. Certain Post-Closing Covenants. 56 Section 5.19. Environmental Matters 56 Section 5.20. Environmental Indemnity Agreement Payments 56 Section 5.21. Continental Towers 57
Representations and Warranties 10. Section 4.01 Representations in Credit Agreement 10 Section 4.02 Title; No Other Liens 10 Section 4.03 Perfected First Priority Liens 10 Section 4.04 Obligor Information 10 Section 4.05 Pledged Securities 11 Section 4.06 Benefit to the Guarantor 11 Section 4.07 Solvency 11 ARTICLE V Covenants 11 Section 5.01 Maintenance of Perfected Security Interest; Further Documentation 12 Section 5.02 Changes in Locations, Name, Etc 12 Section 5.03 Pledged Securities 13 ARTICLE VI Remedial Provisions 14 Section 6.01 Code and Other Remedies 14 Section 6.02 Pledged Securities 15 Section 6.03 Private Sales of Pledged Securities 17 Section 6.04 Waiver; Deficiency 18 Section 6.05 Non-Judicial Enforcement 18
Representations and Warranties 10. Section 3.1 Representations and Warranties of Gadsden and the Operating Partnership 10 Section 3.2 Representations and Warranties of Purchaser Parties 25
Representations and Warranties 10. 3.1 PacifiCorp’s Representations and Warranties 10
Representations and Warranties 10. Section 4.1 Title; No Other Liens 10 Section 4.2 Perfection and Priority 10 Section 4.3 Pledged Stock 10 Section 4.4 Pledged Debt Instruments 11
Representations and Warranties 10. Section 3.1 Representations and Warranties of Seller Parties 10 ARTICLE IV CONDITIONS OF PURCHASES 12 Section 4.1 Conditions Precedent to Purchase 12 ARTICLE V COVENANTS 12 Section 5.1 Affirmative Covenants of the Seller Parties 12 Section 5.2 Covenants of the Servicer 18 Section 5.3 Covenant of the Agent 19 Section 5.4 Replacement of Financial Institutions 19 ARTICLE VI ADMINISTRATION AND COLLECTION 19 Section 6.1 General Duties of the Servicer 19 Section 6.2 Collection of Receivables Payments 20 Section 6.3 Realization Upon Liquidating Receivables 20 Section 6.4 Maintenance of Insurance Policies 21 Section 6.5 Maintenance of Security Interests in Vehicles 21 Section 6.6 Total and Supplemental Servicing Fees; Payment of Certain Expenses by Servicer 21 Section 6.7 Monthly Advances 21 Section 6.8 Additional Deposits 22 Section 6.9 Annual Statement as to Compliance 22 Section 6.10 Annual Independent Accountants’ Report. 22
Representations and Warranties 10. Section 5.01 Corporate Existence and Legal Powers: Binding Effect. 10 Section 5.02 Authorization. No Contravention. 11 Section 5.03 Share Capital. 11 Section 5.04 Financial Information. 11 Section 5.05 Litigation and Disputes. 11 Section 5.06 Subsidiaries. 12 Section 5.07 Full Disclosure. 12 Section 5.08 Reliability of Representations and Warranties. 12
Representations and Warranties 10. Section 4.1 Title; No Other Liens 10
