Representations by Assignee. The Assignee represents the following:
Representations by Assignee. Assignee represents that it has received the original Note simultaneously with the execution hereof.
Representations by Assignee. Assignee represents and warrants to Lender that Assignee has validly executed the Lease Assignment; the Lease is valid, binding and enforceable and is in full force and effect in accordance with its terms; the Lease has not been amended except as stated herein; no rent under the Lease has been paid more than thirty (30) days in advance of its due date; there are no defaults existing under the Lease; and Assignee, as of this date, has no charge, lien, counterclaim or claim of offset under the
Representations by Assignee. Assignee, for itself and its legal representatives, successors and assigns, covenants and represents to Assignor and agrees under the Leases and Service Contracts arising before the date of this Assignment shall remain the sole responsibility of Assignor.
Representations by Assignee. Assignee, for itself and its legal representatives, successors and assigns, covenants and represents to Assignor and agrees that all payments required by the terms of the Leases and Service Contracts, which become due and payable on and after the date hereof, shall be made by Assignee in accordance with the terms of the respective Leases and Service Contracts and sent directly to the respective named contractor thereunder or as otherwise directed in writing by such contractor.
Representations by Assignee. THE ASSIGNEE REPRESENTS THE FOLLOWING: The Assignee has determined to purchase this Limited Recourse Assignment and the Assigned Rights following the Assignee’s own independent review and inspection of whatever matters the Assignee deemed necessary or appropriate, and not in reliance upon any information provided by the Assignor, other than, the Assignee has relied upon the Assignor’s representations and warranties in Paragraph 1 herein. The Assignee has made the Assignee’s own independent investigation and evaluation as to the facts and circumstances relating to this Limited Recourse Assignment. The Assignee has entered into this transaction after consultation with independent counsel of the Assignee’s own selection and with the sole exception of the representations and warranties specifically made in Paragraph 1 herein is not relying upon any representation or warranty of the Assignor in consummating this transaction. Assignee has all requisite power and authority to execute and deliver and to perform all of its obligations under this Agreement and all instruments and other documents executed and delivered by Assignee in connection therewith. The execution by the Assignee of this Limited Recourse Assignment and all instruments and other documents executed and delivered by Assignee in connection therewith and the performance by the Assignee of the Assignee’s obligations hereunder and thereunder, respectively, have been duly authorized. The Assignee has purchased this Limited Recourse Assignment for the Assignee’s own account, and not with a view to resale. The Assignee has completed all evaluation and investigation deemed necessary and appropriate to enter into this transaction. The Assignee acknowledges and agrees that the Assignor is not responsible or liable in any way to the Assignee for the payment or adjustment of outstanding taxes (or any other type of charges or liens whatsoever) arising after the date of this Limited Recourse Agreement affecting any of the collateral purportedly granted to the Assignor under the Assigned Documents. The Assignor shall be responsible and liable for the payment or adjustment of outstanding taxes arising prior to the date of this Limited Recourse Agreement affecting any of the collateral purportedly granted to the Assignor under the Assigned Documents.
Representations by Assignee. Assignee represents and warrants to Assignor as follows:
Representations by Assignee. Each Assignee represents that the execution by each Assignee of this Assignment and the performance by each such Assignee of said Assignee’s obligations hereunder have been duly authorized by all required action and will not violate any order of any court or governmental agency or any agreement by which Assignee is bound.
Representations by Assignee. The Assignee represents and warrants to the Vendor that each of the following statements is true and accurate at the date of this agreement and will be true and accurate on the Completion Date:
Representations by Assignee
