Representations and Warranties as to the REIT Clause Examples

The 'Representations and Warranties as to the REIT' clause requires the party identified as a Real Estate Investment Trust (REIT) to affirm certain facts about its legal status, compliance, and operations. Typically, this includes confirming that the REIT is duly organized, validly existing, and in good standing, as well as that it meets all regulatory requirements to maintain its REIT status under applicable tax laws. This clause provides assurance to the other party that the REIT is legitimate and compliant, thereby reducing the risk of future disputes or liabilities related to the REIT’s legal or tax standing.
Representations and Warranties as to the REIT. In order to induce Lenders to make the Advances, Borrower hereby represents and warrants to Administrative Agent and the Lenders as follows:
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Representations and Warranties as to the REIT. The REIT hereby represents and warrants to Agent, Swingline Lender, Issuing Lender and Lenders as follows:
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Representations and Warranties as to the REIT. In order to induce Lenders to make the Loans, Borrower hereby represents and warrants to Lenders as follows:
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Representations and Warranties as to the REIT. In order to induce Lenders and Designated Bid Lenders to make the Loans, Borrower hereby represents and warrants to Lenders and Designated Bid Lenders as follows:
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Representations and Warranties as to the REIT. The REIT hereby represents and warrants to Lender as follows:
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Representations and Warranties as to the REIT. In order to induce Lender to make the Advances, Borrower hereby represents and wxxxxxxs to Lender as follows:
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Representations and Warranties as to the REIT. In order to induce the Administrative Agent and each of the other Banks which may become a party to this Agreement to make the Loans, the Borrower and the REIT make the following representations and warranties regarding the REIT as of the date hereof. Such representations and warranties shall survive the effectiveness of this Agreement, the execution and delivery of the other Loan Documents and the making of the Loans.
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Representations and Warranties as to the REIT. 53 SECTION 5.1. Organization and Power....................................................................53 SECTION 5.2.
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Related to Representations and Warranties as to the REIT

  • Representations and Warranties as to the Receivables The Seller makes the following representations and warranties as to each Receivable, on which Ally Auto relies in accepting the Receivables. Such representations and warranties speak as of the Closing Date, and shall survive the sale, transfer and assignment of the Receivables to Ally Auto and the subsequent assignment and transfer pursuant to the Further Transfer Agreements:

  • Representations and Warranties; Etc Each Obligor hereby affirms: (a) that as of the date of execution and delivery of this First Amendment, all of the representations and warranties contained in each Loan Document to which such Obligor is a party are true and correct in all material respects as though made on and as of the First Amendment Effective Date (unless made as of a specific earlier date, in which case, was true as of such date); and (b) that after giving effect to this First Amendment and to the transactions contemplated hereby, no Defaults exist under the Loan Documents or will exist under the Loan Documents.

  • Representations and Warranties of ALPS ALPS represents and warrants to the Trust that: (a) It is duly organized and existing as a corporation and in good standing under the laws of the State of Colorado. (b) It is empowered under applicable laws and by its Articles of Incorporation and By-laws to enter into and perform this Agreement. (c) All requisite corporate proceedings have been taken to authorize it to enter into and perform this Agreement. (d) It has and will continue to have access to the necessary facilities, equipment and personnel to perform its duties and obligations under this Agreement in accordance with industry standards.

  • Representations and Warranties by You You represent and warrant that: 2.1.1 You are an insurance company duly organized and in good standing under the laws of your state of incorporation. 2.1.2 All of your directors, officers, employees, and other individuals or entities dealing with the money and/or securities of the Trust are and shall be at all times covered by a blanket fidelity bond or similar coverage for the benefit of the Trust, in an amount not less than $5 million. Such bond shall include coverage for larceny and embezzlement and shall be issued by a reputable bonding company. You agree to make all reasonable efforts to see that this bond or another bond containing such provisions is always in effect, and you agree to notify us in the event that such coverage no longer applies. 2.1.3 Each Account is a duly organized, validly existing segregated asset account under applicable insurance law and interests in each Account are offered exclusively through the purchase of or transfer into a "variable contract" within the meaning of such terms under Section 817 of the Internal Revenue Code of 1986, as amended ("Code") and the regulations thereunder. You will use your best efforts to continue to meet such definitional requirements, and will notify us immediately upon having a reasonable basis for believing that such requirements have ceased to be met or that they might not be met in the future. 2.1.4 Each Account either: (i) has been registered or, prior to any issuance or sale of the Contracts, will be registered as a unit investment trust under the Investment Company Act of 1940 ("1940 Act"); or (ii) has not been so registered in proper reliance upon an exemption from registration under Section 3(c) of the 1940 Act; if the Account is exempt from registration as an investment company under Section 3(c) of the 1940 Act, you will use your best efforts to maintain such exemption and will notify us immediately upon having a reasonable basis for believing that such exemption no longer applies or might not apply in the future. 2.1.5 The Contracts or interests in the Accounts: (i) are or, prior to any issuance or sale will be, registered as securities under the Securities Act of 1933, as amended (the "1933 Act"); or (ii) are not registered because they are properly exempt from registration under Section 3(a)(2) of the 1933 Act or will be offered exclusively in transactions that are properly exempt from registration under Section 4(2) or Regulation D of the 1933 Act, in which case you will make every effort to maintain such exemption and will notify us immediately upon having a reasonable basis for believing that such exemption no longer applies or might not apply in the future.

  • Representations and Warranties by Seller Seller represents and warrants to Buyer as follows: