Common use of Representations and warranties of the Land Trust Clause in Contracts

Representations and warranties of the Land Trust. The Land Trust represents and warrants to NCC that: (a) it is a registered Canadian charity; (b) it has the requisite power to own the Property described in the Project, to carry on the activities and to perform its obligations as contemplated by this Agreement; (c) is in compliance or substantially in compliance with the Canadian Land Trust Standards and Practices or with the Guide des bonnes pratiques en intendance privée: aspects juridiques et organisationnels; (d) the execution and delivery of this Agreement and the carrying out of all of the activities contemplated hereby, have been duly authorized by all requisite action of its Board of Directors; (e) this Agreement constitutes a legally binding obligation of the Land Trust, enforceable against it in accordance with its terms, subject to enforcement of remedies to applicable bankruptcy, insolvency, reorganization and other laws affecting generally the enforcement of the rights of creditors and subject to a court's discretionary authority with respect to the granting of a decree ordering specific performance or other equitable remedies.

Representations and warranties of the Land Trust. The Land Trust represents and warrants to NCC that: (a) it is a registered Canadian charity; (b) it has the requisite power to own the Property described in the Project, to carry on the activities and to perform its obligations as contemplated by this Agreement; (c) is in compliance or substantially in compliance with the Canadian Land Trust Standards and Practices 2019 or with the Guide des bonnes pratiques en intendance privée: aspects juridiques et organisationnels; (d) the execution and delivery of this Agreement and the carrying out of all of the activities contemplated hereby, have been duly authorized by all requisite action of its Board of Directors; (e) this Agreement constitutes a legally binding obligation of the Land Trust, enforceable against it in accordance with its terms, subject to enforcement of remedies to applicable bankruptcy, insolvency, reorganization and other laws affecting generally the enforcement of the rights of creditors and subject to a court's discretionary authority with respect to the granting of a decree ordering specific performance or other equitable remedies.

Representations and warranties of the Land Trust. The Land Trust represents and warrants to NCC that: (a) : it is a registered Canadian charity; (b) ; it has the requisite power to own the Property described in the Project, to carry on the activities and to perform its obligations as contemplated by this Agreement; (c) ; is in compliance or substantially in compliance with the Canadian Land Trust Standards and Practices 2019 or with the Guide des bonnes pratiques en intendance privée: aspects juridiques et organisationnels; (d) ; the execution and delivery of this Agreement and the carrying out of all of the activities contemplated hereby, have been duly authorized by all requisite action of its Board of Directors; (e) ; this Agreement constitutes a legally binding obligation of the Land Trust, enforceable against it in accordance with its terms, subject to enforcement of remedies to applicable bankruptcy, insolvency, reorganization and other laws affecting generally the enforcement of the rights of creditors and subject to a court's discretionary authority with respect to the granting of a decree ordering specific performance or other equitable remedies.

Representations and warranties of the Land Trust. The Land Trust represents and warrants to NCC that: (a) it is a registered Canadian charity; (b) it has the requisite power to own the Property described in the Project, to carry on the activities and to perform its obligations as contemplated by this Agreement; (c) is in compliance or substantially in compliance with the Canadian Land Trust Standards and Practices (2019) or with the Guide des bonnes pratiques en intendance privée: aspects juridiques et organisationnels; (d) the execution and delivery of this Agreement and the carrying out of all of the activities contemplated hereby, have been duly authorized by all requisite action of its Board of Directors; (e) this Agreement constitutes a legally binding obligation of the Land Trust, enforceable against it in accordance with its terms, subject to enforcement of remedies to applicable bankruptcy, insolvency, reorganization and other laws affecting generally the enforcement of the rights of creditors and subject to a court's discretionary authority with respect to the granting of a decree ordering specific performance or other equitable remedies.