Representations and Warranties of MasterCard. In addition to its representations and warranties made (i) in Section 2, and (ii) in connection with either the delivery of the certification regarding the Unsatisfied Threshold Event as provided in Section 4.1 or the delivery of the Alternative Recovery Acceptance Report and the Alternative Recovery Acceptances as provided in Section 4.3 and Section 4.4, MasterCard hereby represents and warrants that:
Representations and Warranties of MasterCard. MasterCard represents, warrants and covenants that: (a) it is a corporation, validly existing and in good standing under the laws of the state of its incorporation; (b) it has all requisite corporate power and authority to execute, deliver and perform its obligations under the Agreement; (c) it is duly licensed, authorized or qualified to do business and is in good standing in every jurisdiction in which a license, authorization or qualification is required for the ownership or leasing of its assets or the transaction of business of the character transacted by it except where the failure to be so licensed, authorized or qualified would not have a material adverse effect on its ability to fulfill its obligations under the Agreement; **** .
Representations and Warranties of MasterCard. MasterCard represents and warrants to the Company as follows:
