Common use of COMPANY'S WARRANTIES AND REPRESENTATIONS Clause in Contracts

COMPANY'S WARRANTIES AND REPRESENTATIONS. i. The Company warrants and represents that it has submitted Performance Guarantee of 2% of the total value of this Agreement as stipulated herein and the tender document to PSDF. ii. The Company warrants and represents that it has submitted the Bid Security amounting to 0.5% as stipulated in the tender document to PSDF. iii. The Company warrants and represents that it has the legal right and capacity to enter into this Agreement and the execution and delivery of this Agreement has been duly and validly authorized and no proceedings on part of any person are necessary to authorize this Agreement or to consummate the transactions contemplated hereby. iv. The Company is legally entitled, validly existing and carrying on its business under the laws of Pakistan and complies with the eligibility criteria set out in the expression of interest and the request for proposal document. v. The Company warrants and represents that it has the required professional skills, knowledge, expertise technical and financial resources required for the purposes of providing the products, Services and related services and carrying out all related activities in relation to this Agreement. vi. The Company warrants and represents that it shall comply with any alteration or replacement requests made by PSDF to ensure that the Services, products and any related services are up to the standards and expectations of PSDF, at no additional cost to PSDF. vii. The Company warrants and represents that the products and Services provided in connection to this Agreement are free from defects and up to or exceeding industry standards, the quality and fitness for which shall be determined by PSDF. viii. The Company warrants and represents that it has the requisite experience of providing the Services required in connection with this Agreement. ix. The Company warrants and represents that it shall be legally responsible for all acts of its employees, sub-contractors, independent contractors etc. (if any) providing the Services. Provided, that the Company has taken written permission from PSDF to delegate/assign any employee/contractor the obligations of this Agreement. x. The execution and performance of this Agreement does not constitute a violation of any applicable laws of Pakistan and/or any agreement/understandings to which any or each of the said Parties are bound by. xi. The Company warrants that it possesses all requisite licenses, qualifications, certifications, registrations, regulatory approvals etc. for entering into, and performing its obligations under this Agreement. xii. The Company warrants and represents that there are no proceedings pending, or threatened, (i) for its dissolution or bankruptcy or (ii) that could adversely affect the performance of its respective obligations under this Agreement or the transaction contemplated hereby. xiii. The Company warrants and represents that it shall provide professional, objective and impartial Services and at all-time hold PSDF’s interests’ paramount, strictly avoid conflicts with other assignments or its own corporate interests and act without any consideration of future work. xiv. The Company warrants that it shall perform its obligations with all due diligence and efficiency and to the satisfaction of PSDF and shall exercise such skill and care in performance of the same in accordance with the best professional techniques, standards and practices in the training industry in engagements of similar scope, complexity and duration. xv. This Agreement and all documents to be executed by the Company and to be delivered to PSDF are/shall be duly authorized, registered, executed and delivered, and are/shall be legal, valid, and binding obligations of the Company.

COMPANY'S WARRANTIES AND REPRESENTATIONS. i. The Company warrants and represents that it has submitted Performance Guarantee of 2% per cent ( %) of the total value of this Agreement as stipulated herein and the tender document to PSDFherein. ii. The Company warrants and represents that it has submitted the Bid Security of per cent ( %) of the total value of this Agreement amounting to 0.5% as stipulated in the tender document to PSDF.a total of PKR iii. The Company warrants and represents that it has the legal right and capacity to enter into this Agreement and the execution and delivery of this Agreement has been duly and validly authorized and no proceedings on part of any person are necessary to authorize this Agreement or to consummate the transactions contemplated hereby. iv. The Company is legally entitled, validly existing and carrying on its business under the laws of Pakistan and complies with the eligibility criteria set out in the expression of interest and the request for proposal document. v. The Company warrants and represents that it has the required professional skills, knowledge, expertise technical and financial resources required for the purposes of providing the products, Services and related services and carrying out all related activities in relation to this Agreement. vi. The Company warrants and represents that it shall comply with any alteration or replacement requests made by PSDF to ensure that the Services, products Services and any related services are up to the standards and expectations of PSDF, at no additional cost to PSDF. vii. The Company warrants and represents that the products and Services provided in connection to this Agreement are free from defects and up to or exceeding industry standards, the quality and fitness for which shall be determined by PSDF. viii. The Company warrants and represents that it has the requisite experience of providing the Services required in connection with this Agreement. ix. The Company warrants and represents that it shall be legally responsible for all acts of its employees, sub-contractors, independent contractors etc. (if any) providing the Services. Provided, that the Company has taken written permission from PSDF to delegate/assign any employee/contractor the obligations of this Agreement. x. The execution and performance of this Agreement does not constitute a violation of any applicable laws of Pakistan and/or any agreement/understandings to which any or each of the said Parties are bound by. xi. The Company warrants that it possesses all requisite licenses, qualifications, certifications, registrations, regulatory approvals etc. for entering into, and performing its obligations under this Agreement. xii. The Company warrants and represents that there are no proceedings pending, or threatened, (i) for its dissolution or bankruptcy or (ii) that could adversely affect the performance of its respective obligations under this Agreement or the transaction contemplated hereby. xiii. The Company warrants and represents that it shall provide professional, objective and impartial Services and at all-time hold PSDF’s interests’ paramount, strictly avoid conflicts with other assignments or its own corporate interests and act without any consideration of future work. xiv. The Company warrants that it shall perform its obligations with all due diligence and efficiency and to the satisfaction of PSDF and shall exercise such skill and care in performance of the same in accordance with the best professional techniques, standards and practices in the training industry in engagements of similar scope, complexity and duration. xv. This Agreement and all documents to be executed by the Company and to be delivered to PSDF are/shall be duly authorized, registered, executed and delivered, and are/shall be legal, valid, and binding obligations of the Company.