tokens: REPRESENTATIONS Except as otherwise stated below , each of the Lender and the Borrower hereby represents and warrants that : ( A ) It is a company duly incorporated and validly existing under the laws of its jurisdiction of incorporation ; ( B ) The obligations expressed to be assumed by it are valid and binding obligations ; ( C ) The entry into and performance by it of this Loan Agreement do not and will not conflict with ( a ) any provision of any law or regulation applicable to it , ( b ) its constitutional documents , and ( c ) any agreement which is binding upon it or any of its assets ; and ( D ) It has the power to enter into , perform and deliver this Loan Agreement and the transactions contemplated therein .