Representations and Warranties of the Authority. The Authority represents and warrants to the Contractor that: (a) it has full power and authority to execute, deliver and perform its obligations under this Agreement and to carry out the transactions contemplated herein and that it has taken all actions necessary to execute this Agreement, exercise its rights and perform its obligations, under this Agreement; (b) it has taken all necessary actions under the Applicable Laws to authorise the execution, delivery and performance of this Agreement; (c) it has the financial standing and capacity to perform its obligations under this Agreement;
Appears in 5 contracts
Samples: Construction Contract, Construction Contract, Draft Contract Agreement
Representations and Warranties of the Authority. β The Authority represents and warrants to the Contractor thatContractorthat:
(a) it has full power and authority to execute, deliver and perform its obligations under this Agreement and to carry out the transactions contemplated herein and that it has taken all actions necessary to execute this Agreement, exercise its rights and perform its obligations, under this Agreement;
(b) it has taken all necessary actions under the Applicable Laws to authorise the execution, delivery and performance of this Agreement;
(c) it has the financial standing and capacity to perform its obligations under this Agreement;
Appears in 2 contracts
Samples: Contract Agreement, Construction Contract
Representations and Warranties of the Authority. β The Authority represents and warrants to the Contractor thatContractorthat:
(a) it has full power and authority to execute, deliver and perform its obligations under this Agreement and to carry out the transactions contemplated herein and that it has taken all actions necessary to execute this Agreement, exercise its rights and perform its obligations, under this Agreement;
(b) it has taken all necessary actions under the Applicable Laws to authorise the execution, delivery and performance of this Agreement;
(c) it has the financial standing and capacity to perform its obligations under this Agreement;
Appears in 1 contract
Samples: Contract Agreement
Representations and Warranties of the Authority. The Authority represents and warrants to the Contractor that:
(a) it It has full power and authority to execute, deliver and perform its obligations under this Agreement and to carry out the transactions contemplated herein and that it has taken all actions necessary to execute this Agreement, exercise its rights and perform its obligations, under this Agreement;
(b) it It has taken all necessary actions under the Applicable Laws to authorise the execution, delivery and performance of this Agreement;
(c) it It has the financial standing and capacity to perform its obligations under this Agreement;
Appears in 1 contract
Samples: Construction Contract