Common use of Declaration by KSPDCL Clause in Contracts

Declaration by KSPDCL. a) KSPDCL declares that there is no mortgage, charge and/or claim over the Demised Premises and the Demised Premises is free from all encumbrances. b) KSPDCL, in its best knowledge, declares that it has got full rights and absolute authority to sub lease the Demised Premises unto the SPD for the lease duration and to execute this Agreement in favour of the SPD. c) KSPDCL has not been restrained either under income Tax Act or any other statute for the time being in force from dealing with or disposing of the Demised Premises or any part thereof in any manner.

Appears in 4 contracts

Samples: Implementation and Support Agreement, Implementation and Support Agreement, Implementation and Support Agreement

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Declaration by KSPDCL. a) KSPDCL declares that there is no mortgage, charge and/or claim over the Demised Premises and the Demised Premises is free from all encumbrances. b) KSPDCL, in its best knowledge, declares that it has got full rights and absolute authority to sub lease the Demised Premises unto the SPD for the lease duration and to execute this Agreement in favour of the SPD. c) KSPDCL has not been restrained either under income Tax Act or any other statute for the time being in force from dealing with or disposing of the Demised Premises or any part thereof in any manner.

Appears in 1 contract

Samples: Implementation and Support Agreement

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