REPRESENTATIONS, WARRANTIES AND COVENANTS OF OWNER. As of the date hereof and on each date on which a Mortgage Loan Package becomes subject to the terms of this Agreement, the Owner warrants and represents to, and covenants and agrees with, the Servicer as follows:
REPRESENTATIONS, WARRANTIES AND COVENANTS OF OWNER. As of the date of this Agreement, the Owner warrants and represents to, and covenants and agrees with, the Servicer as follows:
REPRESENTATIONS, WARRANTIES AND COVENANTS OF OWNER. Owner represents, warrants, and covenants that:
REPRESENTATIONS, WARRANTIES AND COVENANTS OF OWNER. The Owner hereby represents and warrants as of the applicable Effective Date with respect to each Mortgage loan, and covenants to the Servicer that:
REPRESENTATIONS, WARRANTIES AND COVENANTS OF OWNER. 65 Section 9.01 Organization and Good Standing; Licensing.................. 65 Section 9.02 Authorization; Binding Obligations......................... 65 Section 9.03
REPRESENTATIONS, WARRANTIES AND COVENANTS OF OWNER. Participant. -----------
REPRESENTATIONS, WARRANTIES AND COVENANTS OF OWNER. Section 9.01 Organization and Good Standing; Licensing. 47 Section 9.02 Authorization; Binding Obligations. 47 Section 9.03 No Consent Required. 47 Section 9.04 No Violations. 47 Section 9.05 Litigation. 48 Section 9.06 Ownership. Section 9.07 Service Contracts. 48 Section 9.08 Accuracy.
REPRESENTATIONS, WARRANTIES AND COVENANTS OF OWNER. (a) Except as specifically set forth in this Paragraph 13(a), the acquisition of the Property hereunder is and will be made on an "as is" basis, without representations and warranties of any kind or nature, express, implied or otherwise, including but not limited to, any representation or warranty concerning title to the Property, the physical condition of the Property (including, but not limited to, the presence or absence of hazardous substances on or respecting the Property), the compliance of the Property with applicable laws and regulations (including, but not limited to, zoning and building codes or the status of development or use rights respecting the Property), the financial condition of the Property or any other representation or warranty respecting any income, expenses, charges, liens or encumbrances, rights or claims on, affecting or pertaining to the Property or any party thereof. Acquirer acknowledges that Acquirer has examined, reviewed and inspected all matters which in Acquirer's judgment bear upon the Property and its value and suitability for Acquirer's purposes. Except as to matters specifically set forth in this Paragraph 13(a), Acquirer will acquire the Property solely on the basis of its own physical and financial examinations, reviews and inspections and the title insurance protection afforded by the Title Policy. Subject to the foregoing and except as disclosed by Owner to Acquirer or otherwise discovered by Acquirer prior to the expiration of the Approval Period as contained in the materials delivered to Acquirer and identified in Paragraph 5 hereof, Owner hereby makes the following representations, warranties and covenants. Except as disclosed in Exhibit "J" attached hereto:
REPRESENTATIONS, WARRANTIES AND COVENANTS OF OWNER. The representations and warranties of Owner contained in Section 3.15 of this Agreement shall be true and correct in all respects as of the Closing Date. With respect to all representations and warranties of Owner other than those contained in Section 3.15 of this Agreement (collectively, the "Other Representations"), Owner will indemnify Buyer in accordance with Section 8.2(a) hereof, and any inaccuracy as of the Closing Date in those Other Representations cannot be used by Buyer to prevent the Closing.
REPRESENTATIONS, WARRANTIES AND COVENANTS OF OWNER. (a) Owner represents and warrants and covenants to Manager that (i) it shall not make any agreement, commitment, grant or assignment, or do, or omit to do, any act or thing, that could or might interfere or impair the enjoyment by Manager of the rights granted hereunder, (ii) the Hotel Management Agreement is in full force and effect, (iii) to Owner’s knowledge, neither Owner or Hotel Operator is in material default of any obligations under the Hotel Management Agreement, and (iv) this Agreement is consistent with the requirements of the Hotel Management Agreement and with loan covenants pertaining to any financing affecting the Hotel.
