Representations and Warranties of the Concessionaire. The Concessionaire represents and warrants to the Authority that: 1. it is duly organised and validly existing under the laws of India, and has full power and authority to execute and perform its obligations under this Agreement and to carry out the transactions contemplated hereby; 2. it has taken all necessary corporate and other actions under Applicable Laws to authorise the execution and delivery of this Agreement and to validly exercise its rights and perform its obligations under this Agreement;
Appears in 2 contracts
Samples: Concession Agreement, Concession Agreement
Representations and Warranties of the Concessionaire. 7.1.1 The Concessionaire represents and warrants to the Authority that:
1. (a) it is duly organised and validly existing under the laws of India, and has full power and authority to execute and perform its obligations under this Agreement and to carry out the transactions contemplated hereby;
2. (b) it has taken all necessary corporate and other actions under Applicable Laws to authorise the execution and delivery of this Agreement and to validly exercise its rights and perform its obligations under this Agreement;
Appears in 1 contract
Samples: Public Private Partnership Agreement
Representations and Warranties of the Concessionaire. The Concessionaire represents and warrants to the Authority that:
1. ) it is duly organised and organised, validly existing and in good standing under the laws of IndiaIndia and hereby expressly and irrevocably waives any immunity in any jurisdiction in respect of this Agreement or matters arising thereunder including any obligation, and liability or responsibility hereunder;
2) it has full power and authority to execute and perform its obligations under this Agreement and to carry out the transactions contemplated hereby;
2. it has taken all necessary corporate and other actions under Applicable Laws to authorise the execution and delivery of this Agreement and to validly exercise its rights execute, deliver and perform its obligations under this Agreement;
Appears in 1 contract
Samples: Concession Agreement
Representations and Warranties of the Concessionaire. The Concessionaire represents and warrants to the Concessioning Authority that:
1. (i) it is duly organised organized and validly existing under the laws of India, and has full power and authority to execute and perform its obligations under this Agreement and to carry out the transactions contemplated hereby;
2. (ii) it has taken all necessary corporate and other actions under Applicable Laws to authorise authorize the execution and delivery of this Agreement and to validly exercise its rights and perform its obligations under this Agreement;
(iii) it has the financial standing and capacity to undertake the Project in accordance with the terms of this Agreement;
Appears in 1 contract
Samples: Concession Agreement
Representations and Warranties of the Concessionaire. The Concessionaire represents and warrants to the Authority that:
1. it a. It is duly organised organized and validly existing under the laws of India, and has full power and powerand authority to execute and perform its obligations under this Agreement and to carry out the transactions contemplated hereby;
2. b. it has taken all necessary corporate and other actions under Applicable Laws to authorise the execution and delivery of this Agreement and to validly exercise its rights and perform its obligations under this Agreement;
Appears in 1 contract
Samples: Concession Agreement
Representations and Warranties of the Concessionaire. The Concessionaire represents and warrants to the Concessioning Authority that:
1. a. it is duly organised and organized, validly existing and in good standing under the laws of India, and ;
b. it has full power and authority to execute execute, deliver and perform its obligations under this Agreement and to carry out the transactions contemplated hereby;
2. c. it has taken all necessary corporate and other actions action under Applicable Laws and its constitutional documents to authorise the execution execution, delivery and delivery performance of this Agreement and to validly exercise its rights and perform its obligations under this Agreement;
d. along with its Associates, it has the financial standing and capacity to undertake the Project in accordance with the terms of this Concession Agreement;
Appears in 1 contract
Samples: Concession Agreement