Representations and Warranties of the Committee. Each member of the Committee represents and warrants that this Agreement and the performance by each such member of its obligations hereunder (i) has been duly authorized, executed and delivered by such Committee members, and is a valid and binding obligation of such members, enforceable against such members in accordance with its terms, (ii) does not require approval by any owners or holders of any equity interest in such members of the Committee (except as has already been obtained) and (iii) does not and will not violate any law, any order of any court or other agency of government, the charter or other organizational documents of such members of the Committee, as amended, or any provision of any agreement or other instrument to which such members of the Committee or any of their properties or assets are bound, or conflict with, result in a breach of or constitute (with due notice or lapse of time or both) a default under any such agreement or other instrument, or result in the creation or imposition of, or give rise to, any lien, charge, restriction, claim, encumbrance or adverse penalty of any nature whatsoever pursuant to any such agreement or instrument. Each member of the Committee hereby further represents and warrants that, as of the date hereof, it is the beneficial owner of such number of shares of Common Stock as are set forth with respect to such member of the Committee on Schedule A of this Agreement.
Representations and Warranties of the Committee. The Committee, on behalf of the Plan, represents and warrants to the Bank that:
Representations and Warranties of the Committee. (a) The Committee possesses all requisite power and authority necessary to carry out the transactions contemplated by this Agreement.
