Common use of PROCESSOR’S REPRESENTATIONS AND WARRANTIES Clause in Contracts

PROCESSOR’S REPRESENTATIONS AND WARRANTIES. PROCESSOR is duly organized, validly existing, and in good standing under the laws of the jurisdiction of its organization. PROCESSOR has full power and authority to execute and deliver this Agreement and to perform its obligations hereunder. This Agreement constitutes valid and legally binding obligations of PROCESSOR and is enforceable in accordance with its terms and conditions.

PROCESSOR’S REPRESENTATIONS AND WARRANTIES. PROCESSOR is duly organized, validly existing, and in good standing under the laws of the jurisdiction of its organization. PROCESSOR has full power and authority to execute and deliver this Agreement and to perform its obligations hereunder. This Agreement constitutes valid and legally binding obligations of PROCESSOR and is enforceable in accordance with its terms and conditions.conditions.‌