Common use of Representations and Warranties of the Concessioning Authority Clause in Contracts

Representations and Warranties of the Concessioning Authority. The Concessioning Authority represents and warrants to the Concessionaire 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 the Agreement; (d) this Agreement constitutes a legal, valid and binding obligation enforceable against it in accordance with the terms hereof; (e) 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 Government Instrumentality which may result in any material adverse effect on the Concessioning Authority's ability to perform its obligations under this Agreement; (f) it has complied with Applicable Laws in all material respects; (g) it has the right, power and authority to manage and operate the Project/ Project Site up to the Appointed Date; and (h) it has good and valid right to the Project Site, and has power and authority to grant a licence in respect thereto to the Concessionaire.

Representations and Warranties of the Concessioning Authority. The Concessioning Authority represents and warrants to the Concessionaire 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 the Agreement; (d) this Agreement constitutes a legal, valid and binding obligation enforceable against it in accordance with the terms hereof; (e) 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 Government Instrumentality which may result in any material adverse effect on the Concessioning AuthorityGovernment's ability to perform its obligations under this Agreement; (f) it has complied with Applicable Laws in all material respects; (g) it has the right, power and authority to manage and operate the Project/ Project Site up to the Appointed Date; and (h) it has good and valid right to the Project SiteSites, and has power and authority to grant a licence in respect thereto to the Concessionaire.