REPRESENTATIONS AND WARRANTIES 76. Section 3.1. Legal Status and Authority 76 Section 3.2. Validity of Documents 76 Section 3.3. Litigation 77 Section 3.4. Agreements 77 Section 3.5. Financial Condition 78 Section 3.6. Disclosure 78 Section 3.7. No Plan Assets 78 Section 3.8. Not a Foreign Person 78 Section 3.9. Intentionally Omitted 78 Section 3.10. Business Purposes 78 Section 3.11. Borrower’s Principal Place of Business 79 Section 3.12. Status of Property 79 Section 3.13. Financial Information 80 Section 3.14. Condemnation 81 Section 3.15. Separate Lots 81 Section 3.16. Insurance 81 Section 3.17. Use of Property 81 Section 3.18. Leases and Rent Roll 81 Section 3.19. Filing and Recording Taxes 82 Section 3.20. Management Agreement 82 Section 3.21. Illegal Activity/Forfeiture 83 Section 3.22. Taxes 83 Section 3.23. Permitted Encumbrances 83 Section 3.24. Third Party Representations 83 Section 3.25. Non-Consolidation Opinion Assumptions 83 Section 3.26. Federal Reserve Regulations 83 Section 3.27. Investment Company Act 84 TABLE OF CONTENTS (continued) Section 3.28. Fraudulent Conveyance 84 Section 3.29. Embargoed Person 84 Section 3.30. Intentionally Omitted 85 Section 3.31. Organizational Chart 85 Section 3.32. Bank Holding Company 85 Section 3.33. Purchase Options 85 Section 3.34. Property Document Representations 85 Section 3.35. No Change in Facts or Circumstances; Disclosure 85 Section 3.36. Operating Lease Representations 86 Section 3.37. Ground Lease Representations 86 Section 3.38. Health Care Representations 87 Section 3.39. Master Lease and Sublease Representations 89 Section 3.40. Affiliates 89 ARTICLE 4. BORROWER COVENANTS 90 Section 4.1. Existence 90 Section 4.2. Legal Requirements 90 Section 4.3. Maintenance and Use of Property 91 Section 4.4. Waste 92 Section 4.5. Taxes and Other Charges 92 Section 4.6. Litigation 94 Section 4.7. Access to Property 94 Section 4.8. Notice of Default 94 Section 4.9. Cooperate in Legal Proceedings 94 Section 4.10. Performance by Borrower 94 Section 4.11. Intentionally Omitted 94 Section 4.12. Books and Records 94 Section 4.13. Estoppel Certificates 96 Section 4.14. Leases and Rents 97 Section 4.15. Management Agreement 98 Section 4.16. Payment for Labor and Materials 101 Section 4.17. Performance of Other Agreements 102 Section 4.18. Debt Cancellation 102 Section 4.19. ERISA 102 Section 4.20. No Joint Assessment 103 Section 4.21. Alterations 103 Section 4.22. Property Document Covenants 103 Section 4.23. Ground Lease Covenants 104 Section 4.24....
REPRESENTATIONS AND WARRANTIES 76. 6.01 Corporate Existence and Power 76 6.02 Corporate Authorization; No Contravention 77 6.03 Governmental Authorization 77 6.04 Binding Effect 77 6.05 Litigation 77 6.06 No Default 78 6.07 ERISA Compliance 78 6.08 Use of Proceeds; Margin Regulations 79 6.09 Title to Properties 79 6.10 Taxes 79 6.11 Financial Condition 80 6.12 Environmental Matters 80 6.13 Regulated Entities 80 6.14 No Burdensome Restrictions; No Restrictions on Subsidiary Dividends 81 6.15 Copyrights, Patents, Trademarks and Licenses, etc. 81 6.16 Subsidiaries 81 6.17 Insurance 81 6.18 Swap Obligations 82 6.19 Credit Limit for Subsidiary Borrowers 82 6.20 Full Disclosure 82 ARTICLE VII AFFIRMATIVE COVENANTS 82 7.01 Financial Statements 83 7.02 Certificates; Other Information 84 7.03 Notices 84 7.04 Preservation of Corporate Existence, Etc 85 7.05 Maintenance of Property 86 7.06 Insurance 86 7.07 Payment of Obligations 86 7.08 Compliance with Laws 87 7.09 Compliance with ERISA 87 7.10 Inspection of Property and Books and Records 87 7.11 Environmental Laws 87 7.12 Use of Proceeds 88 7.13 Internal Controls 88 7.14 New Material Subsidiaries 88 ARTICLE VIII NEGATIVE COVENANTS 89 8.01 Limitation on Liens 89 8.02 Disposition of Assets 91 8.03 Consolidations and Mergers 91 8.04 Loans and Investments 93 8.05 Limitation on Subsidiary Indebtedness 94 8.06 Transactions with Affiliates 94 8.07 Use of Proceeds 94 8.08 Contingent Obligations 95 8.09 Joint Ventures 96 8.10 ERISA 96 8.11 Change in Business 96 8.12 Accounting Changes 96 8.13 Minimum Consolidated Net Worth 96 8.14 Fixed Charge Coverage Ratio 96 8.15 Leverage Ratio 97 8.16 No Restrictions on Subsidiary Dividends 97 ARTICLE IX EVENTS OF DEFAULT 97 9.01 Event of Default 97 9.02 Remedies 101 9.03 Rights Not Exclusive 102 ARTICLE X THE AGENT 102
REPRESENTATIONS AND WARRANTIES 76. Section 4.01 Representations and Warranties of the Borrower 76
REPRESENTATIONS AND WARRANTIES 76. 8.1 Representations and Warranties of the Borrower 76 8.2 Repetition of Representations and Warranties 88 8.3 Survival of Representations and Warranties 89 Article 9 COVENANTS 89 9.1 Reporting Covenants 89 9.2 Financial Covenant 96 9.3 Affirmative Covenants 97 9.4 Negative Covenants 106 9.5 Performance of Covenants by Agent 113 Article 10 EVENTS OF DEFAULT AND REMEDIES 114
REPRESENTATIONS AND WARRANTIES 76. Section 4.1 Borrower Representations. 76 4.1.1 Organization. 76 4.1.2 Proceedings. 76 4.1.3 No Conflicts. 76 4.1.4 Litigation. 77 4.1.5 Agreements. 77 4.1.6 Solvency. 77 4.1.7 Full and Accurate Disclosure. 78 4.1.8 No Plan Assets. 78 4.1.9 Compliance. 78 4.1.10 Financial Information. 78 4.1.11 Condemnation. 79 4.1.12 Federal Reserve Regulations. 79 4.1.13 Utilities and Public Access. 79 4.1.14 Not a Foreign Person. 79 4.1.15 Separate Lots. 79 4.1.16 Assessments. 79 4.1.17 Enforceability. 80 4.1.18 No Prior Assignment. 80
REPRESENTATIONS AND WARRANTIES 76. 16.1 Seller’s Representations 76 16.2 Buyer’s Representations 77 17. LIMITATIONS OF LIABILITY 78 17.1 Limit of Liability 78 17.2 Consequential Damages 78 18. INDEMNITIES 78 18.1 Seller Indemnity 78 18.2 Buyer Indemnity 78 18.3 Indemnification Conditions 79 18.4 Third Party Beneficiary Conditions 79 19. GENERAL PROVISIONS 79 19.1 Electric Service to the Seller 79 19.2 Independence 79 19.3 Acknowledgement 79 19.4 Enurement 79 19.5 Entire Agreement 80 19.6 Amendment 80 19.7 No Waiver 80 19.8 Other Agreements and Notices 80 19.9 Future Agreements 80 19.10 Further Assurances 80 19.11 Severability 81
