Buyer’s Warranty. Notwithstanding any other provision contained herein or any other obligation of Buyer hereunder, Buyer, upon acceptance of Goods that are the subject of this Order, warrants that Buyer, its successors, assigns, agents and employees are industrial users of such Goods and possess the knowledge and expertise to use the same in accordance with (i) accepted industry standards (ii) all applicable laws, (iii) prudent safety practices and (iv) operating manuals or other instructions provided by Seller, if any.
Buyer’s Warranty. Buyer represents and warrants to Seller that the execution, delivery and performance of this Agreement has been duly authorized by Buyer's Board of Directors.
Buyer’s Warranty. Buyer Expressly Warrants And Covenants That:
a. Buyer will use the Collateral for business purposes and will keep the Collateral in Albuquerque, New Mexico, except as provided for in paragraphs C and D below.
b. Buyer will not permit any of the Collateral to be removed from the above mentioned location outside the ordinary course of business without the prior written consent of Seller.
c. Buyer will immediately advise Seller in writing of any change in any of Buyer's places of business, or the opening of any new place of business.
d. Buyer will at Buyer's own expense forthwith insure the Collateral in a reliable insurance company against loss or damage by fire and extended coverage for an amount equal to its approximate value, and keep the same so insured continuously until the full amount of said indebtedness is paid, with loss payable to Seller as Seller's interest may appear, and that Buyer will deliver said policies of insurance or copies of them or furnish proof of such insurance to Seller, and in case of loss, the Buyer shall have to right to apply the insurance proceeds to replace the Collateral which at all times will be large enough in value to fully and adequately secure the amount owed Seller. In the event the Buyer elects not to replace the Collateral, Seller shall retain from the insurance money an amount equal to the total balance of said indebtedness remaining unpaid, whether according to the tenor and effect of any promissory note or notes evidencing such indebtedness the same is due or not. Should the Buyer fail or refuse to forthwith effect such insurance and deliver the policies or furnish proof of such insurance as aforesaid, or fail to deep the Collateral so insured continuously until the full amount of said indebtedness is paid, Seller may at Seller's option effect such insurance and the amount so paid for such insurance with interest at the rate of ten percent (10%) per annum from the date of payment until repaid shall be added to said indebtedness, and the same shall be secured by the security agreement.
e. Buyer will keep the Collateral in good condition and repair, reasonable wear and tear excepted, and will permit Seller and his/her agents to inspect the Collateral at any reasonable time.
Buyer’s Warranty. Buyer warrants the accuracy of any and all information relating to the details of its operating conditions, including temperatures, pressures, and where applicable, the nature of all hazardous materials. Seller can justifiably rely upon the accuracy of Buyer’s information in its performance. Should Buyer’s information prove inaccurate, Buyer agrees to reimburse Seller for any losses, liabilities, damages and expenses that Seller may have incurred as a result of any inaccurate information provided by Buyer to Seller.
Buyer’s Warranty. Buyer warrants that, as to the Tolled Volumes, Buyer shall have good title and right to transfer the same for Tolling and that the same shall be delivered free of encumbrances.
Buyer’s Warranty. The Buyer warrants, represents and undertakes to Seller that, in connection with the subject matter of this Agreement and in any re-sale agreement and/or subsequent agreement with any third party which incorporates the Products, it, its affiliates and its or their directors, officers, employees, agents, representatives and any other person acting on its or their behalf: (i) have complied with, and will comply with, all applicable laws, rules and regulations including, without limitation, sanctions, anti-bribery and corruption, anti-money laundering and tax laws; and (ii) have not authorized, offered, promised, paid or otherwise given, and will not authorize, offer, promise, pay or otherwise give, whether directly or indirectly, any financial or other advantage to or for the use or benefit of any government official or any private individual (i) for the purpose of inducing or rewarding that person’s improper performance of their relevant function, or (ii) that would be a breach of any applicable law.
Buyer’s Warranty. The Buyer warrants that the Buyer:
(a) is not currently represented by, and will not enter into any other exclusive Buyer Brokerage Agreement with, another brokerage during the term of this Agreement with respect to the same Market Area; and
(b) has disclosed to the Designated Agent all of the material requirements that the Buyer is seeking in a property.
Buyer’s Warranty. 11.1. The Buyer warrants and represents that it is not a consumer but is acting in the course of its business.
Buyer’s Warranty. The Buyer warrants that the Buyer is not registered for GST and is not acquiring the Lot for a creditable purpose.
Buyer’s Warranty. Buyer warrants that the Receiving Facilities meet all applicable requirements and regulations, which are in force at the relevant Confirmation Date, for reception of the relevant LNG Carrier and the unloading of LNG in accordance with this Master Agreement and applicable Confirmation Notice.
