Common use of Parties’ Representations and Warranties Clause in Contracts

Parties’ Representations and Warranties. i. Each Party declares and warrants to the other Party as of the Effective Date that it: (a) has the legal right to conduct its business as now conducted and hereafter contemplated to be conducted; and (b) has been duly authorised to execute this Agreement and that this Agreement constitutes a legal, valid and binding obligation enforceable against such Party in accordance with its terms except to the extent that enforceability may be limited by bankruptcy, insolvency or other similar situation affecting creditors' rights.

Parties’ Representations and Warranties. i. Each Party declares represents and warrants to the other Party as COMPANY 1s of the Effective Date that itthat: (a) it has the legal right to conduct its business as now conducted and hereafter contemplated to be conductedconducted by virtue of this Agreement; and (b) has been duly authorised authorized to execute this Agreement and that this Agreement constitutes a legal, valid and binding obligation enforceable against such Party in accordance with its terms except to the extent that enforceability may be limited by bankruptcy, insolvency or other similar situation affecting creditors' rights.

Parties’ Representations and Warranties. i. Each Party declares represents and warrants to the other Party as of the Effective Date that itthat: (a) it has the legal right to conduct its business as now conducted and hereafter contemplated to be conductedconducted by virtue of this Agreement; and (b) has been duly authorised authorized to execute this Agreement and that this Agreement constitutes a legal, valid and binding obligation enforceable against such Party in accordance with its terms except to the extent that enforceability may be limited by bankruptcy, insolvency or other similar situation affecting creditors' rights.