Common use of Representations and Warranties of Party Clause in Contracts

Representations and Warranties of Party. A Party A hereby represents and warrants as follows: 3.2.1 It has the power to enter into and perform this Agreement in accordance with its constitutional documents and business scope, and has taken all necessary action to obtain all consents and approvals necessary to execute and perform this Agreement. 3.2.2 The execution and performance of this Agreement by Party A does not and will not result in any violation of enforceable or effective laws or contractual limitations. 3.2.3 Upon execution, this Agreement shall constitute the legal, valid and binding obligation of Party A and may be enforceable in accordance therewith.

Representations and Warranties of Party. A Party A hereby represents and warrants as follows: 3.2.1 3.1.1 It has the power to enter into and perform this Agreement in accordance with its constitutional documents and business scope, and has taken all necessary action to obtain all consents and approvals necessary to execute and perform this Agreement. 3.2.2 3.1.2 The execution and performance of this Agreement by Party A does not and will not result in any violation of enforceable or effective laws or contractual limitations. 3.2.3 3.1.3 Upon execution, this Agreement shall constitute the legal, valid and binding obligation of Party A and may be enforceable in accordance therewithwith the terms hereof.