Representations and Warranties of the Authority. The Authority represents and warrants to the Lessee that: i. The Authority has full power and authority to enter into this Agreement and has taken all necessary action to authorize the execution, delivery and performance of this Agreement; ii. This Agreement constitutes the Authority's legal, valid and binding obligation enforceable against it in accordance with the terms hereof; iii. It has no knowledge of any violation or default with respect to any order, writ, injunction or any decree of any court or any legally binding order of any Competent Authority which may result in any Material Adverse Effect on the Authority’s ability to perform its obligations under this Agreement iv. It has a good and valid right over the Leased Land and has power and authority to grant Lease in respect thereto to the Lessee; and v. Upon the Lessee paying the Land Premium, annual Lease Rent and performing the covenants herein, it shall not at any time during the Term hereof, interfere with peaceful exercise of the rights and discharge of its obligations by the Lessee, in accordance with this Agreement.
Appears in 7 contracts
Samples: Lease Cum Development Agreement, Lease Cum Development Agreement, Lease Cum Development Agreement
Representations and Warranties of the Authority. The Authority represents and warrants to the Lessee Licensee that:
i. The Authority has full power and authority to enter into this Agreement and has taken all necessary action to authorize the execution, delivery and performance of this Agreement;
ii. This Agreement constitutes the Authority's legal, valid and binding obligation enforceable against it in accordance with the terms hereof;
iii. It has no knowledge of any violation or default with respect to any order, writ, injunction or any decree of any court or any legally binding order of any Competent Authority which may result in any Material Adverse Effect on the Authority’s ability to perform its obligations under this Agreement
iv. It has a good and valid right over the Leased Licensed Land and has power and authority to grant Lease License in respect thereto to the LesseeLicensee; and
v. Upon the Lessee Licensee paying the Land Premium, annual Lease License Rent and performing the covenants herein, it shall not at any time during the Term hereof, interfere with peaceful exercise of the rights and discharge of its obligations by the LesseeLicensee, in accordance with this Agreement.
Appears in 4 contracts
Samples: License Agreement, License Agreement, License Agreement
Representations and Warranties of the Authority. The Authority represents and warrants to the Lessee that:
i. a. The Authority has full power and authority to enter into this Agreement and has taken all necessary action to authorize the execution, delivery and performance of this Agreement;
ii. b. This Agreement constitutes the Authority's legal, valid and binding obligation enforceable against it in accordance with the terms hereof;
iii. c. It has no knowledge of any violation or default with respect to any order, writ, injunction or any decree of any court or any legally binding order of any Competent Authority which may result in any Material Adverse Effect on the Authority’s ability to perform its obligations under this Agreement
iv. d. It has a good and valid right over the Leased Land and has power and authority to grant Lease in respect thereto to the Lessee; and
v. e. Upon the Lessee paying the Land Premium, annual Annual Lease Rent and performing the covenants herein, it shall not at any time during the Term hereof, interfere with peaceful exercise of the rights and discharge of its obligations by the Lessee, in accordance with this Agreement.
Appears in 3 contracts
Samples: Lease Agreement, Lease Agreement, Lease Cum Development Agreement
Representations and Warranties of the Authority. The Authority represents and warrants to the Lessee that:
i. a. The Authority has full power and authority to enter into this Agreement and has taken all necessary action to authorize the execution, delivery and performance of this Agreement;
ii. b. This Agreement constitutes the Authority's legal, valid and binding obligation enforceable against it in accordance with the terms hereof;
iii. c. It has no knowledge of any violation or default with respect to any order, writ, injunction or any decree of any court or any legally binding order of any Competent Authority which may result in any Material Adverse Effect on the Authority’s ability to perform its obligations under this Agreement
iv. d. It has a good and valid right over the Leased Land and has power and authority to grant Lease in respect thereto to the Lessee; and
v. e. Upon the Lessee paying the Land Premium, annual Lease Rent and performing the covenants herein, it shall not at any time during the Term hereof, interfere with peaceful exercise of the rights and discharge of its obligations by the Lessee, in accordance with this Agreement.
Appears in 1 contract
Samples: Lease Agreement
Representations and Warranties of the Authority. The Authority represents and warrants to the Lessee that:
i. a. The Authority has full power and authority to enter into this Agreement and has taken all necessary action to authorize the execution, delivery and performance of this Agreement;
ii. b. This Agreement constitutes the Authority's legal, valid and binding obligation enforceable against it in accordance with the terms hereof;
iii. It c. it has no knowledge of any violation or default with respect to any order, writ, injunction or any decree of any court or any legally binding order of any Competent Authority Government Instrumentality which may result in any Material Adverse Effect material adverse effect on the Authority’s ability to perform its obligations under this Agreement
iv. d. It has a good and valid right over the Leased Land Project Site and has power and authority to grant Lease in respect thereto to the Lessee; and
v. e. Upon the Lessee paying the Land Premium, annual Annual Lease Rent and performing the covenants herein, it shall not at any time during the Term hereof, interfere with peaceful exercise of the rights and discharge of its obligations by the Lessee, in accordance with this Agreement.
Appears in 1 contract
Samples: Lease Agreement
Representations and Warranties of the Authority. The Authority represents and warrants to the Lessee that:
i. a. The Authority has full power and authority to enter into this Agreement and has taken all necessary action to authorize the execution, delivery and performance of this Agreement;
ii. b. This Agreement constitutes the Authority's legal, valid and binding obligation enforceable against it in accordance with the terms hereof;
iii. It c. it has no knowledge of any violation or default with respect to any order, writ, injunction or any decree of any court or any legally binding order of any Competent Authority Government Instrumentality which may result in any Material Adverse Effect material adverse effect on the Authority’s ability to perform its obligations under this Agreement
iv. d. It has a good and valid right over the Leased Land and has power and authority to grant Lease in respect thereto to the Lessee; and
v. e. Upon the Lessee paying the Land Premium, annual Annual Lease Rent and performing the covenants herein, it shall not at any time during the Term hereof, interfere with peaceful exercise of the rights and discharge of its obligations by the Lessee, in accordance with this Agreement.
Appears in 1 contract
Samples: Lease Cum Development Agreement