Common use of Representations or Warranties Clause in Contracts

Representations or Warranties. None of the Security Trustees make nor shall any be deemed to have made any representations or warranties as to the validity, legality or enforceability of this Agreement, any other Transaction Document or any other document or instrument or as to the correctness of any statement contained in any thereof, or as to the validity or sufficiency of any of the pledge and security interests granted hereby, except that each Security Trustee in its individual capacity hereby represents and warrants (a) that each such specified document to which it is a party has been or will be duly executed and delivered by one of its officers who is and will at such time be duly authorized to execute and deliver such document on its behalf, and (b) this Agreement is or will be the legal, valid and binding obligation of such Security Trustee in its individual capacity, enforceable against such Security Trustee in its individual capacity in accordance with its terms, subject to the effect of any applicable bankruptcy, insolvency, reorganization, moratorium or similar law affecting creditors’ rights generally.

Appears in 3 contracts

Samples: Aircraft Lease Agreement (International Lease Finance Corp), Aircraft Lease Agreement (International Lease Finance Corp), Aircraft Lease Agreement (International Lease Finance Corp)

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Representations or Warranties. None of the The Security Trustees Trustee does not make nor and shall any not be deemed to have made any representations representation or warranties warranty as to the validity, legality or enforceability of this Agreement, any other Transaction Related Document or any other document or instrument or as to the correctness of any statement contained in any thereof, or as to the validity or sufficiency of any of the pledge and security interests granted hereby, except that each the Security Trustee in its individual capacity hereby represents and warrants (ai) that each such specified document to which it is a party has been or will be duly executed and delivered by one of its officers who is and will at such time be duly authorized to execute and deliver such document on its behalf, and (bii) this Agreement is or will be the legal, valid and binding obligation of such Security Trustee in its individual capacityBankers Trust, enforceable against such Security Trustee in its individual capacity Bankers Trust in accordance with its terms, subject to the effect of any applicable bankruptcy, insolvency, reorganization, moratorium or similar law affecting creditors' rights generally.

Appears in 2 contracts

Samples: Security Trust Agreement (Aircraft Finance Trust), Security Trust Agreement (Aerco LTD)

Representations or Warranties. None of the The Security Trustees make Trustee shall not make, nor shall any it be deemed to have made made, any representations or warranties as to the validity, legality or enforceability of this Agreement, any other Transaction Document the Indenture or any other document or instrument or as to the correctness of any statement contained in any thereof, or as to the validity or sufficiency of any of the pledge and security interests granted hereby, except that each the Security Trustee in its individual capacity hereby represents and warrants (a) that each such specified document to which it is a party has been or will be duly executed and delivered by one of its officers who is and will at such time be duly authorized to execute and deliver such document on its behalf, and (b) that this Agreement is or will be the legal, valid and binding obligation of such the Security Trustee in its individual capacity, enforceable against such the Security Trustee in its individual capacity in accordance with its terms, subject to the effect of any applicable bankruptcy, insolvency, reorganization, moratorium or similar law affecting creditors’ rights generally.

Appears in 2 contracts

Samples: Aircraft Mortgage and Security (General Electric Capital Corp), Lease Agreement (General Electric Capital Corp)

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Representations or Warranties. None of the The Security Trustees make Trustee shall not make, nor shall any it be deemed to have made made, any representations or warranties as to the validity, legality or enforceability of this Agreement, any other Transaction Document the Indenture or any other document or instrument or as to the correctness of any statement contained in any thereof, or as to the validity or sufficiency of any of the pledge and security interests granted hereby, except that each the Security Trustee in its individual capacity hereby represents and warrants (a) that each such specified document to which it is a party has been or will be duly executed and delivered by one of its officers who is and will at such time be duly authorized to execute and deliver such document on its behalf, and (b) this Agreement is or will be the legal, valid and binding obligation of such the Security Trustee in its individual capacity, enforceable against such the Security Trustee in its individual capacity in accordance with its terms, subject to the effect of any applicable bankruptcy, insolvency, reorganization, moratorium or similar law affecting creditors’ rights generally.

Appears in 1 contract

Samples: Aircraft Lease Agreement (International Lease Finance Corp)

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