Representation and warranties of the Authority. The Authority hereby represents, assures, confirms and undertakes to the Operator as follows: a. That it is duly incorporated under the laws of India and has the power to conduct its business as presently conducted, and to enter into this Agreement; b. That it has full power, capacity and authority to execute, deliver and perform this Agreement and has taken all necessary sanctions and approvals and followed all the procedure required to authorise the execution, delivery and performance of this Agreement; c. Nothing in this Agreement conflicts with its constitutional authority, mandate, or any law or any other agreement, understanding or arrangement or any judgment, decree or order or any statute, rule or regulation applicable to it; and d. All approvals and permissions as are necessary for the execution of this Agreement have been obtained, all the required procedure for the due execution of this Agreement have been adhered to, and this Agreement will be valid, legal and binding against it under the Applicable Law.
Appears in 2 contracts
Samples: Model Bus Operator Agreement, Revenue Sharing Agreement
Representation and warranties of the Authority. The Authority hereby represents, assures, confirms and undertakes to the Operator as follows:
a. That it is duly incorporated under the laws of India and has the power to conduct its business as presently conducted, and to enter into this Agreement;
b. That it has full power, capacity and authority Authority to execute, deliver and perform this Agreement and has taken all necessary sanctions and approvals and followed all the procedure required to authorise the execution, delivery and performance of this Agreement;
c. Nothing in this Agreement conflicts with its constitutional authorityAuthority, mandate, or any law or any other agreement, understanding or arrangement or any judgment, decree or order or any statute, rule or regulation applicable to it; and
d. All approvals and permissions as are necessary for the execution of this Agreement have been obtained, all the required procedure for the due execution of this Agreement have been adhered to, and this Agreement will be valid, legal and binding against it under the Applicable Law.
Appears in 2 contracts
Samples: Bus Operator Agreement, Bus Operator Agreement