Trust’s Representations and Warranties Clause Samples

The "Trust’s Representations and Warranties" clause sets out the specific statements and assurances that the trust makes to the other parties in an agreement. These may include confirmations about the trust’s valid existence, authority to enter into the contract, compliance with laws, and the accuracy of information provided. By clearly outlining these representations, the clause helps ensure that all parties have a shared understanding of the trust’s legal standing and reliability, thereby reducing the risk of disputes arising from misrepresentation or lack of authority.
Trust’s Representations and Warranties. The Trust represents and warrants to the Indenture Trustee as of the Closing Date:
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Trust’s Representations and Warranties. The Trust represents and warrants to the Lender that:
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Trust’s Representations and Warranties. 7.1 Corporate Existence and Standing..............................................................32 7.2
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Trust’s Representations and Warranties. The Trust represents and warrants that: (i) the Trust is authorized to open the Account and to exercise all incidents of ownership with respect to the Securities held in the Account; (ii) the Trust is a Mutual Fund duly authorized and validly existing under the laws of the Commonwealth of Massachusetts; (iii) and, the Trust shall comply with Federal Reserve Act Regulations G, T, U and X as such Regulations apply to its activities under this Agreement. The Trust further represents and warrants that: (i) it has the legal right, power and authority to execute, deliver and perform this Agreement and to carry out all of the transactions contemplated hereby; (ii) it has obtained all necessary authorizations; (iii) the execution, delivery and performance of this Agreement and the carrying out of any of the transactions contemplated hereby will not be in conflict with, result in a breach of or constitute a default under any agreement or other instrument to which the Trust is a party or which is otherwise known to the Trust; (iv) it does not require the consent or approval of any governmental agency or instrumentality, except any such consents and approvals which the Trust has obtained; (v) the execution and delivery of this Agreement by the Trust will not violate any law, regulation, charter, by-law, order of any court or governmental agency or judgment applicable to the Trust; and (vi) all persons executing this Agreement on behalf of the Trust and carrying out the transactions contemplated hereby on behalf of the Trust are duly authorized to do so. In the event any of the foregoing representations should become untrue, incorrect or misleading, the Trust agrees to notify the Bank immediately in writing thereof.
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Trust’s Representations and Warranties. The Trust hereby represents and warrants to Cortland, which such representations and warranties shall be deemed to be continuing throughout the term of this Agreement, that: A. It is duly organized under the laws of the jurisdiction of its organization, with full power to carry on its business as now conducted, to enter into this Agreement and to perform its obligations hereunder; B. This Agreement has been duly authorized and delivered by the Trust in accordance with all requisite action and constitutes a valid and legally binding obligation of the Trust, enforceable in accordance with its terms, subject to bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting the rights and remedies of creditors and secured parties; C. It is an open-end management investment company registered under the 1940 Act; D. a registration statement under the Securities Act of 1933 is currently effective and will remain effective and appropriate state securities law filings as required, have been or will be made and will continue to be made, with respect to all shares of the Fund being offered for sale; E. the Trust shall be solely responsible to provide Cortland with complete financial information on an accurate and timely basis to enable Cortland to prepare such reports, computations, and other information for the Fund, and understands that Cortland cannot be held responsible for delays or inaccuracies arising from failure of the Fund to provide timely and accurate information; and F. theTrust will deliver to Cortland its Articles of Incorporation (other other such document evidencing its formation), a W-9, and Letter of Good Standing or such other evidence of identity as Cortland may reasonably require.
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Trust’s Representations and Warranties. The Trust represents and warrants to Buyers as follows:
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Trust’s Representations and Warranties. The Trust represents and warrants that: 1) the execution, delivery and performance of this Agreement are within the Trust's power and authority and have been duly authorized by all requisite action (corporate or otherwise) of the Trust, and the Trust has all necessary regulatory authorizations to perform its functions under this Agreement; and 2) this Agreement shall at all times constitute a legal, valid and binding obligation of the Trust enforceable against the Trust, except as may be limited by bankruptcy, insolvency, or other similar laws affecting the enforcement of creditors' rights in
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Related to Trust’s Representations and Warranties

  • Covenants, Representations and Warranties 3.1 The Borrower ratifies, confirms and reaffirms, without condition, all the terms and conditions of the Agreement and the other Loan Documents and agrees that it continues to be bound by the terms and conditions thereof as amended by this Amendment; and, the Borrower further confirms and affirms that it has no defense, set off or counterclaim against the same. The Agreement and this Amendment shall be construed as complementing each other and as augmenting and not restricting the Bank's rights, and, except as specifically amended by this Amendment, the Agreement shall remain in full force and effect in accordance with its terms. 3.2 The Borrower ratifies, confirms and reaffirms without condition, all liens and security interests granted to the Bank pursuant to the Agreement and the other Loan Documents, if any, and such liens and security interests shall continue to secure the indebtedness and obligations of the Borrower to the Bank under the Agreement, the Note and the other Loan Documents, including, but not limited to, all loans made by the Bank to the Borrower as amended by this Amendment. 3.3 The Borrower represents and warrants to the Bank that: (a) This Amendment has been duly executed and delivered by the Borrower and constitutes the legal, valid and binding obligations of the Borrower enforceable in accordance with its terms; (b) The execution and delivery of this Amendment by the Borrower and the performance and observance by the Borrower of the provisions hereof, do not violate or conflict with the organizational agreements of the Borrower or any law applicable to the Borrower or result in a breach of any provision of or constitute a default under any other agreement, instrument or document binding upon or enforceable against the Borrower; (c) The representations and warranties set forth within Article III of the Agreement continue to be true and correct in all material respects as of the date of this Amendment except those changes resulting from the passage of time; and (d) No material adverse change has occurred in the business, operations, consolidated financial condition or prospects of the Borrower since the date of the most recent annual financial statement delivered to the Bank, and no Event of Default or condition which, with the passage of time, the giving of notice or both, could become an Event of Default has occurred and is continuing. 3.4 The Borrower shall execute or cause to be executed and deliver to the Bank all other documents, instruments and agreements deemed necessary or appropriate by the Bank in connection herewith.