Common use of REPRESENTATIONS AND WARRANTIES OF AMPAL Clause in Contracts

REPRESENTATIONS AND WARRANTIES OF AMPAL. AMPAL hereby represents, warrants, covenants and undertakes the following to be true and correct on the date hereof, and the following will be true and correct on the Determining Date, and is aware and acknowledges that the BUYER has agreed to enter into this Agreement and the transactions contemplated therein in reliance on these representations, warranties, covenants and undertakings of AMPAL: 2.2.1 AMPAL is a public company duly registered in Israel; its registration number with the Registrar of Companies is 00-000000-0; and it is an active company lawfully conducting its business and it has all the powers and authorities to enter into this Agreement and fulfill all its undertakings hereunder. 2.2.2 Save as set out in Section 7.1 of the Main Agreement, AMPAL has received from its organs so empowered under its incorporation documents and any law, all the resolutions required in order to be authorized to duly enter into this Agreement and fulfill all its undertakings hereunder. 2.2.3 AMPAL is the registered owner of the Holon Property and the Allenby Property, is entitled to be registered as the owner of the Panorama Property, and its rights in these Properties are free and clear of any Third Party Right whatsoever, as set out in Annexes 1.3.3, 1.3.4, and 1.3.5, and they can be sold and transferred to the BUYER.

REPRESENTATIONS AND WARRANTIES OF AMPAL. AMPAL hereby represents, warrants, covenants and undertakes the following to be true and correct on the date hereof, and the following will be true and correct on the Determining Date, and is aware and acknowledges that the BUYER has agreed to enter into this Agreement and the transactions contemplated therein in reliance on these representations, warranties, covenants and undertakings of AMPAL: 2.2.1 AMPAL is a public company duly registered in Israel; its registration number with the Registrar of Companies is 0052-000000-0; and xxd it is an active company lawfully conducting its business and it has all the powers and authorities to enter into this Agreement and fulfill all its undertakings hereunder. 2.2.2 Save as set out in Section 7.1 of the Main Agreement, AMPAL has received from its organs so empowered under its incorporation documents and any law, all the resolutions required in order to be authorized to duly enter into this Agreement and fulfill all its undertakings hereunder. 2.2.3 AMPAL is the registered owner of the Holon Property and the Allenby Property, is entitled to be registered as the owner of the Panorama Property, and its rights in these Properties are free and clear of any Third Party Right whatsoever, as set out in Annexes ANNEXES 1.3.3, 1.3.4, and 1.3.5, and they can be sold and transferred to the BUYER.

REPRESENTATIONS AND WARRANTIES OF AMPAL. AMPAL hereby represents, warrants, covenants and undertakes the following to be true and correct on the date hereof, and the following will be true and correct on the Determining Date, and is aware and acknowledges that the BUYER has agreed to enter into this Agreement and the transactions contemplated therein in reliance on these representations, warranties, covenants and undertakings of AMPAL: 2.2.1 AMPAL is a public company duly registered in Israel; its registration number with the Registrar of Companies is 0052-000000-0; and xxd it is an active company lawfully conducting its business and it has all the powers and authorities to enter into this Agreement and fulfill all its undertakings hereunder. 2.2.2 Save as set out in Section 7.1 of the Main Agreement, AMPAL has received from its organs so empowered under its incorporation documents and any law, all the resolutions required in order to be authorized to duly enter into this Agreement and fulfill all its undertakings hereunder. 2.2.3 AMPAL is the registered owner of the Holon Property and the Allenby Arlozorov B Property, is entitled to be registered as the owner of the Panorama Property, and its rights in these Properties are free and clear of any Third Party Right whatsoever, as set out in Annexes 1.3.3, 1.3.4, 1.3.3A and 1.3.51.3.3B, and they can be sold and transferred to the BUYER.

REPRESENTATIONS AND WARRANTIES OF AMPAL. AMPAL hereby represents, warrants, covenants and undertakes the following to be true and correct on the date hereof, and the following will be true and correct on the Determining Date, and is aware and acknowledges that the BUYER has agreed to enter into this Agreement and the transactions contemplated therein in reliance on these representations, warranties, covenants and undertakings of AMPAL: 2.2.1 AMPAL is a public company duly registered in Israel; its registration number with the Registrar of Companies is 00-000000-0; and it is an active company lawfully conducting its business and it has all the powers and authorities to enter into this Agreement and fulfill all its undertakings hereunder. 2.2.2 Save as set out in Section 7.1 of the Main Agreement, AMPAL has received from its organs so empowered under its incorporation documents and any law, all the resolutions required in order to be authorized to duly enter into this Agreement and fulfill all its undertakings hereunder. 2.2.3 AMPAL is the registered owner of the Holon Property and the Allenby Arlozorov B Property, is entitled to be registered as the owner of the Panorama Property, and its rights in these Properties are free and clear of any Third Party Right whatsoever, as set out in Annexes 1.3.3, 1.3.4, 1.3.3a and 1.3.51.3.3b, and they can be sold and transferred to the BUYER.

REPRESENTATIONS AND WARRANTIES OF AMPAL. AMPAL hereby represents, warrants, covenants and undertakes the following to be true and correct on the date hereof, and the following will be true and correct on the Determining Date, and is aware and acknowledges that the BUYER has agreed to enter into this Agreement and the transactions contemplated therein in reliance on these representations, warranties, covenants and undertakings of AMPAL: 2.2.1 AMPAL is a public company duly registered in Israel; its registration number with the Registrar of Companies is 0052-000000-0; and xxd it is an active company lawfully conducting its business and it has all the powers and authorities to enter into this Agreement and fulfill all its undertakings hereunder. 2.2.2 Save as set out in Section 7.1 of the Main Agreement, AMPAL has received from its organs so empowered under its incorporation documents and any law, all the resolutions required in order to be authorized to duly enter into this Agreement and fulfill all its undertakings hereunder. 2.2.3 AMPAL is the registered owner of the Holon Property and the Allenby PropertyRosh Pina Xxxperty, is entitled to be registered as the owner of the Panorama Ramat Hasharon Property, and its rights in these Properties are free and clear of any Third Party Right whatsoever, as set out in Annexes 1.3.3, 1.3.3 and 1.3.4, and 1.3.5, and they can be sold and transferred to the BUYER.