Borrower’s Warranties and Representations Sample Clauses

Borrower’s Warranties and Representations. As a material inducement to the Lender's extension of credit to Borrower in connection with the Loan, Borrower warrants and represents to the Lender as follows:

Borrower’s Warranties and Representations. Borrower warrants and represents to Lender as follows: (a) Borrower has full power and authority to enter into this Agreement, to borrow the full amount of the Loan and to execute and deliver the documents and instruments required under this Agreement. (b) This Agreement and the documents executed under this Agreement shall not violate any contract or agreement concerning Borrower’s operations, nor result in a breach of the terms or conditions of or constitute a default under or result in the creation or imposition of any lien, charge or encumbrance upon any property or assets of Borrower pursuant to any agreement to which Borrower is a party or by which Borrower may be bound, except liens in favor of Lender. (c) L▇▇ Oil Company, Inc. has good and marketable title to the Virginia Property. L▇▇’▇ Food Mart’s, LLC has good and marketable title to the Kentucky Property. Mound Technologies, Inc. has good and marketable title to the Ohio Property. (d) Borrower owns all of its assets free and clear of any lien, encumbrances or security interests, except liens in favor of Lender. (e) No default exists under any of the encumbrances permitted by Lender beyond the applicable cure period. (f) Borrower is a duly organized and validly existing Maryland corporation and is in good standing in its state of formation. Borrower’s chief executive office is located at 1▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇. (g) Borrower has not engaged the services of any broker(s) in connection with the Loan and Borrower shall defend, indemnify and hold Lender (and its successors and assigns) harmless from any claim, demand, lawsuit, verdict or judgment for any commissions allegedly owed to any broker in connection with the Loan. All of the indemnification obligations herein shall survive the payment of the Note and foreclosure of the Mortgage. (h) All credit information submitted or to be submitted to Lender by or on behalf of Borrower and/or Guarantor is or will be true and correct in all material respects and Lender (and its successors and assigns) is authorized to make such credit investigations and obtain such credit reports and other financial information, whether written or oral, in connection with Borrower’s and/or Guarantor’s financial status as Lender (and its successor and assigns) deems necessary, in its sole discretion. (i) No construction has been commenced upon the Property nor has any actual or visible improvement on the ground of the Property been made until the...

Borrower’s Warranties and Representations. To induce the Department to enter into this Agreement, and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Borrower hereby warrants and represents that: a) The Borrower is duly organized, validly existing, and authorized to engage in business in the State of Wisconsin. b) The Borrower is qualified to engage in business in every jurisdiction where the nature of its business makes such qualification necessary; c) The Borrower is in compliance with all laws, regulations, ordinances and orders of public authorities applicable to it, the violation of which would have a material and adverse effect on the Borrower’s financial ability to comply with this Agreement; d) The Borrower is unaware of any conditions which could subject it to any damages, penalties or clean-up costs under any federal or state environmental laws which would have a material and adverse effect on the Borrower’s financial ability to comply with this Agreement; e) This Agreement is valid and enforceable in accordance with its terms against the Borrower, subject only to applicable bankruptcy, insolvency, reorganization or other similar laws affecting generally the enforceability of the rights of creditors; f) The Borrower is financially solvent and able to comply with all of the terms and conditions set forth in the Agreement and is not in default under the terms and conditions of any loan agreements, leases, or financing arrangements with the Borrower’s other creditors; g) The financial statements and other information provided by the Borrower to the Department are complete and accurate in accordance with Generally Accepted Accounting Principles, and may be relied upon by the Department in deciding whether to enter into this Agreement with the Borrower; h) The Borrower has private Project funds as identified in Exhibit A to fund all other costs relating to the Project; i) In making these warranties and representations, the Borrower has not relied upon any information furnished by the Department. j) The Borrower’s warranties and representations herein are true and accurate as of the date of this Agreement, and shall survive the execution thereof;

Borrower’s Warranties and Representations. Borrower hereby represents and warrants to the Lender, as follows:

Borrower’s Warranties and Representations. The Borrower represents and warrants that:

Borrower’s Warranties and Representations. Borrower warrants and represents: (a) Borrower is justly indebted to Lender for the full amount of the foregoing indebtedness; (b) That, except for the security interest granted hereby, the Collateral is free from and will be kept free from all liens, claims, security interests and encumbrances; (c) That no financing statement covering the Collateral or any proceeds thereof is on file in favor of anyone other than Lender. (d) That all information supplied and statements made by Borrower in any financial, credit or accounting statement or application for credit submitted by or on behalf of Borrower prior to, contemporaneously with or subsequent to the execution of this Agreement with respect to this transaction are and shall be true, correct, valid and genuine; and (e) That Borrower has full authority to enter into this agreement and in so doing it is not violating its charter or by-laws, any law or regulation or agreement with third parties, and it has taken all such action as may be necessary or appropriate to make this Agreement binding upon it.

Borrower’s Warranties and Representations. Borrower covenants, represents, warrants and promises to Bank that:

Borrower’s Warranties and Representations. As a material inducement to the Lender's extension of credit to Borrowers in connection with the Loan, each of the Borrowers jointly and severally and represent and warrant to the Lender as follows:

Borrower’s Warranties and Representations. To induce Bank to enter into this Loan Agreement and make the Loan, Borrower hereby warrants and represents to Bank, upon which Bank materially relies in making the Loan, that: