Representations and Warranties of the Concessioning Authority. The Concessioning Authority represents and warrants to the Concessionaire that: a) The Concessioning Authority has full power and authority to execute, deliver and perform its obligations under this Concession Agreement and to carry out the transactions contemplated hereby; b) The Concessioning Authority have taken all necessary action to authorize the execution, delivery and performance of this Concession Agreement; c) This Concession Agreement constitutes a legal, valid and binding obligation enforceable against the Concessioning Authority in accordance with the terms hereof; d) The Concessioning Authority is subject to laws of India with respect to this Concession and it hereby expressly and irrevocably waives any sovereign immunity in any jurisdiction in regard to matters set forth in this Concession Agreement; e) The Concessionaire shall have complete, lawful and uninterrupted Site Possession of the Project by way of lease in accordance with this Concession Agreement; f) All information provided by the Concessioning Authority in the RFP document in connection with the Project is to the best of its knowledge and true and accurate in all material respects; and g) The Concessioning Authority has the financial standing and capacity to perform its obligations under the Concession Agreement.
Appears in 4 contracts
Samples: Concession Agreement, Concession Agreement, Concession Agreement
Representations and Warranties of the Concessioning Authority. The Concessioning Authority represents and warrants to the Concessionaire that:
a) The Concessioning Authority has full power and authority to execute, deliver and perform its obligations under this Concession Agreement and to carry out the transactions contemplated hereby;
b) The Concessioning Authority have taken all necessary action to authorize the execution, delivery and performance of this Concession Agreement;
c) This Concession Agreement constitutes a legal, valid and binding obligation enforceable against the Concessioning Authority in accordance with the terms hereof;
d) The Concessioning Authority is subject to laws of India with respect to this Concession and it hereby expressly and irrevocably waives any sovereign immunity in any jurisdiction in regard to matters set forth in this Concession Agreement;
e) The Concessionaire shall have complete, lawful and uninterrupted Site Possession of the Project by way of lease in accordance with this Concession Agreement;
f) All information provided by the Concessioning Authority in the RFP document in connection with the Project is to the best of its knowledge and true and accurate in all material respects; and
g) The Concessioning Authority has the financial standing and capacity to perform its obligations under the Concession Agreement.
h) The Authority holds complete ownership and clear title of the Site.
Appears in 3 contracts
Samples: Concession Agreement, Concession Agreement, Concession Agreement
Representations and Warranties of the Concessioning Authority. The Concessioning Authority represents and warrants to the Concessionaire that:
a(i) The Concessioning Authority has full power and authority to execute, deliver and perform its obligations under this Concession Agreement and to carry out the transactions contemplated hereby;
b(ii) The Concessioning Authority have has taken all necessary action actions to authorize the execution, delivery and performance of this Concession Agreement;
c(iii) This Concession Agreement constitutes a legal, valid and binding obligation enforceable against the Concessioning Authority in accordance with the terms hereof;
d(iv) The Concessioning Authority is subject to civil and commercial laws of India with respect to this Concession and it hereby expressly and irrevocably waives any sovereign immunity in any jurisdiction in regard to matters set forth in this Concession Agreement;
e(v) The Authority has good and valid right to the Project Site, and has power and authority to grant a license in respect thereto to the Concessionaire;
(vi) The Concessionaire shall have complete, lawful and uninterrupted Site Vacant Possession of the Project by way of lease Site in accordance with this Concession Agreement;
f(vii) There is no litigation, claim, demand or any proceeding pending before any authority in respect of the Authority‟s title to or possession of the land constituting the Project Site;
(viii) All information provided by the Concessioning Authority in the RFP document Bid Documents in connection with the Project is to the best of its knowledge and true and accurate in all material respects; and
g(ix) The Concessioning Authority has the financial standing and capacity to perform its obligations under the Concession Agreement.
Appears in 2 contracts
Samples: Concession Agreement, Concession Agreement
Representations and Warranties of the Concessioning Authority. The Concessioning Authority represents and warrants to the Concessionaire that:
a(i) The Concessioning Authority has full power and authority to execute, deliver and perform its obligations under this Concession Agreement and to carry out the transactions contemplated hereby;
b(ii) The Concessioning Authority have has taken all necessary action actions to authorize the execution, delivery and performance of this Concession Agreement;
c(iii) This Concession Agreement constitutes a legal, valid and binding obligation enforceable against the Concessioning Authority in accordance with the terms hereof;
d(iv) The Concessioning Authority is subject to civil and commercial laws of India with respect to this Concession and it hereby expressly and irrevocably waives any sovereign immunity in any jurisdiction in regard to matters set forth in this Concession Agreement;
e(v) The Authority has good and valid right to the Project Site, and has power and authority to grant a license in respect thereto to the Concessionaire;
(vi) The Concessionaire shall have complete, lawful and uninterrupted Site Vacant Possession of the Project by way of lease Site in accordance with this Concession Agreement;
f(vii) There is no litigation, claim, demand or any proceeding pending before any authority in respect of the Authority’s title to or possession of the land constituting the Project Site;
(viii) All information provided by the Concessioning Authority in the RFP document Bid Documents in connection with the Project is to the best of its knowledge and true and accurate in all material respects; and
g(ix) The Concessioning Authority has the financial standing and capacity to perform its obligations under the Concession Agreement.
Appears in 1 contract
Samples: Concession Agreement