Warranties and Covenants of Authority as to Title Sample Clauses

Warranties and Covenants of Authority as to Title. This Lease is being executed and delivered prior to the scheduled purchase of the Leased Land and Existing Improvements by the Authority. The Authority shall use its best efforts to acquire title to the Leased Land and any existing Leased Improvements, and shall acquire title to any additions or improvements to the Leased Improvements that may be thereafter constructed or installed on the Leased Land. The Authority disclaims any interest in any trade fixtures or equipment installed at the Project that neither are paid for with Qualified Funds nor constitute Additions, Alterations, replacements or substitutions therefor. The Authority warrants and covenants that, except for the lease of the Project and options herein granted to the Company, except for any mechanics and materialmen’s liens relating to the construction or installation of Leased Improvements by the Company, as Construction Manager, and except as provided in the Security Deed, the Authority shall not otherwise encumber the Project or any part thereof. The Authority covenants to take all acts necessary to defend its title to the Project and will do no act to impair such title.
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Warranties and Covenants of Authority as to Title. The Issuer has title to the Leased Land and any existing Leased Improvements, and shall acquire title to any additions or improvements to the Leased Improvements that may be thereafter constructed or installed on the Leased Land. The Issuer disclaims any interest in any trade fixtures or equipment installed at the Project that neither are paid for with proceeds of the Bonds nor constitute Additions, Alterations, replacements or substitutions therefor. The Issuer warrants and covenants that, except for the lease of the Project and options herein granted to the Company, except for any mechanics and materialmen’s liens relating to the construction or installation of renovations of the Leased Improvements by the Company and except as provided in the Security Deed, the Issuer shall not otherwise encumber the Project or any part thereof. The Issuer covenants to take all acts necessary to defend its title to the Project and will do no act to impair such title.
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Related to Warranties and Covenants of Authority as to Title

  • Warranties and Covenants In addition to the representations, warranties and covenants contained in this Agreement, the Seller hereby represents, warrants and covenants to the Issuer as follows on the Closing Date:

  • REPRESENTATIONS, WARRANTIES AND COVENANTS OF BORROWER In order to induce Silicon to enter into this Agreement and to make Loans, Borrower represents and warrants to Silicon as follows, and Borrower covenants that the following representations will continue to be true, and that Borrower will at all times comply with all of the following covenants, throughout the term of this Agreement and until all Obligations have been paid and performed in full:

  • Representations, Warranties and Covenants of Company The Company represents and warrants to, and covenants with, the Subscriber as follows:

  • Representations and Warranties and Covenants of the Counterparty (a) The Counterparty represents and warrants to the related Depositor, as of the date on which information is first provided to the related Depositor under Section 2(a)(ii), Section 2(b)(ii) or Section 2(b)(iii)(A), that, except as disclosed in writing the related Depositor prior to such date:

  • Representations, Warranties and Covenants of the Sponsor Ally Bank, in its capacity as the Sponsor (the “Sponsor”) represents and warrants to, and agrees with, the Underwriters that the Sponsor or the Depositor has provided a written representation (the “17g-5 Representation”) to each Rating Agency, which satisfies the requirements of paragraph (a)(3)(iii) of Rule 17g-5 of the Exchange Act. Each of the Depositor and the Sponsor has complied, and will comply, with the 17g-5 Representation other than any breach of the 17g-5 Representation (a) that would not have a material adverse effect on the Offered Notes or (b) arising from a breach by any of the Underwriters of the representation, warranty and covenant set forth in Section 5(g).

  • Representations, Warranties and Covenants of the Trust The Trust represents, warrants and covenants that:

  • Representations, Warranties and Covenants of the Servicer The Servicer hereby represents, warrants and covenants to the Trustee, for the benefit of each of the Trustee and the Certificateholders and to the Depositor that as of the Closing Date or as of such date specifically provided herein:

  • Representations, Warranties and Covenants of the Purchaser The Purchaser hereby represents and warrants to, and covenants for the benefit of, the Trust that:

  • Representations and Warranties and Covenants 9 4.1 GENERALLY ........................................................... 9 4.2

  • REPRESENTATIONS, WARRANTIES AND COVENANTS OF DEBTOR Debtor represents, warrants and covenants as of the date of this Agreement and as of the date of each Collateral Schedule that:

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