Authority of the Parties. 2.1. The Parties have obtained all necessary approvals, permits or power of attorney for the purpose of execution/signing and executing the Agreement. 2.2. The Customer represents that his/her actions are/will not be intended to cheat the Bank. Taking into account this principle, for the purpose of execution and/or enforcement of the Agreement the document and/or information submitted by him/her to the Bank, at the moment of submission, is/will be true, correct and complete. Also, he/she is aware that submission of false documents and/or information represents the punishable offence according to the Legislation.
Appears in 7 contracts
Samples: Stand by Letter of Credit Agreement, Stand by Letter of Credit Agreement, Stand by Letter of Credit Agreement