Common use of Representations by the Parties Clause in Contracts

Representations by the Parties. The Dealer/Provider and Home Credit hereby represents and warrants to each other that: 3.1. The Parties are legally competent and its signatories hereunder are fully empowered to execute this Agreement and to perform its obligations arising under this Agreement; 3.2. The Parties have obtained all the necessary license, registrations, approvals and permissions (the “Required Permits”) from the Competent Authorities under the relevant laws required to carry on its business/profession and are compliant with all the applicable law, rules and regulations covering such Party; 3.3. The Dealer/Provider has the right to carry on its business/profession in the Dealer/Provider’s Premises and the Dealer/Provider has full and exclusive control over its business/profession with absolute power to make all decisions in respect of such business/profession; 3.4. There is no dispute existing with any third party or any suit, action, litigation or claim is in process or pending against or relating to each Party’s business/profession, the Goods and/or Services or Dealer/Provider’s Premises, before any Competent Authority which would materially and adversely affect each Party’s business/profession.

Representations by the Parties. The Dealer/Provider and Home Credit hereby represents represent and warrants warrant to each other that: 3.1. 3.1 The Parties are legally competent and its signatories hereunder are fully empowered to execute this Agreement and to perform its obligations arising under this Agreement; 3.2. 3.2 The Parties have obtained all the necessary license, registrations, approvals and permissions (the “Required Permits”) from the Competent Authorities under the relevant laws required to carry on its business/profession business and are compliant with all the applicable law, rules and regulations covering such Party; 3.3. 3.3 The Dealer/Provider has the right to carry on its business/profession retail business in the Dealer/Provider’s Premises and the Dealer/Provider has full and exclusive control over its business/profession business with absolute power to make all decisions in respect of such business/profession;; and 3.4. 3.4 There is no dispute existing with any third party or any suit, action, litigation or claim is in process or pending against or relating to each Party’s business/profession, the Goods and/or Services or Dealer/Provider’s Premises, Premises before any Competent Authority which would materially and adversely affect each Party’s business/profession.

Representations by the Parties. The Dealer/Provider and Home Credit hereby represents represent and warrants warrant to each other that: 3.1. The Parties are legally competent and its signatories hereunder are fully empowered to execute this Agreement and to perform its obligations itsobligations arising under this Agreement; 3.2. The Parties have obtained all the necessary license, registrations, approvals and permissions (the “Required Permits”) from the Competent Authorities under the relevant laws required to carry on its business/profession business and are compliant with all the applicable law, rules and regulations covering such Party; 3.3. The Dealer/Provider has the right to carry on its business/profession retail business in the Dealer/Provider’s Premises and the Dealer/Provider has full and exclusive control over its business/profession business with absolute power to make all decisions in respect of such business/profession;; and 3.4. There is no dispute existing with any third party or any suit, action, litigation or claim is in process or pending against or relating to each Party’s business/profession, the Goods and/or Services or Dealer/Provider’s Premises, Premises before any Competent Authority which would materially and adversely affect each Party’s business/profession.

Representations by the Parties. The Dealer/Provider and Home Credit hereby represents represent and warrants warrant to each other that: 3.1. The Parties are legally competent and its signatories hereunder are fully empowered to execute this Agreement and to perform its obligations toperform itsobligations arising under this Agreement; 3.2. The Parties have obtained all the necessary license, registrations, approvals and permissions (the “Required Permits”) from the Competent Authorities under the relevant laws required to carry on its business/profession business and are compliant with all the applicable law, rules and regulations covering such Party; 3.3. The Dealer/Provider has the right to carry on its business/profession retail business in the Dealer/Provider’s Premises and the Dealer/Provider has full and exclusive control over its business/profession business with absolute power to make all decisions in respect of such business/profession;; and 3.4. There is no dispute existing with any third party or any suit, action, litigation or claim is in process or pending against or relating to each Party’s business/profession, the Goods and/or Services or Dealer/Provider’s Premises, Premises before any Competent Authority which would materially and adversely affect each Party’s business/profession.