Common use of Representations by the Parties Clause in Contracts

Representations by the Parties. The Dealer and Home Credit hereby represent and 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 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 and are compliant with all the applicable law, rules and regulations covering such Party; 3.3. The Dealer has the right to carry on its retail business in the Dealer’s Premises and the Dealer has full and exclusive control over its business with absolute power to make all decisions in respect of such business; 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, the Goods or Dealer’s Premises before any Competent Authority which would materially and adversely affect each Party’s business.

Appears in 3 contracts

Samples: Dealership Cooperation Agreement, Alternative Distribution Cooperation Agreement, Alternative Distribution Cooperation Agreement

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Representations by the Parties. The Dealer and Home Credit hereby represent and 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 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 and are compliant with all the applicable law, rules and regulations covering such Party; 3.3. The Dealer has the right to carry on its retail business in the Dealer’s Premises and the Dealer has full and exclusive control over its business with absolute power to make all decisions in respect of such business; 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 processor pendingagainstorrelatingtoeach Party’s business, the Goods or Goodsor Dealer’s Premises before any Competent Authority which would materially and adversely affect each Party’s businessParty’sbusiness.

Appears in 1 contract

Samples: Dealership Cooperation Agreement

Representations by the Parties. The Dealer Partner Merchant and Home Credit AFSI hereby represent and warrant to each other that: 3.1. The Parties are legally competent and its their 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 licenselicenses, registrations, approvals and permissions (the “Required Permits”) from the Competent Authorities under the relevant laws required to carry on its business business/profession and are compliant with all the applicable law, rules and regulations covering such Party; 3.3. The Dealer Partner Xxxxxxxx has the right to carry on its retail business in the Dealer’s Partner Merchant Premises and the Dealer Partner Merchant has full and exclusive control over its business business/profession with absolute power to make all decisions in respect of such business; 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 DealerPartner Xxxxxxxx’s Premises Premises, before any Competent Authority which would materially and adversely affect each Party’s business.

Appears in 1 contract

Samples: Partner Merchant Agreement

Representations by the Parties. The Dealer and Home Credit hereby represent and 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 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 and are compliant with all the applicable law, rules and regulations covering such Party; 3.3. The Dealer has the right to carry on its retail business in the Dealer’s Premises and the Dealer has full and exclusive control over its business with absolute power to make all decisions in respect of such business; 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 processor pendingagainstorrelating to each Party’s businessParty’sbusiness, the Goods or Goodsor Dealer’s Premises before any Competent Authority which would materially and adversely affect each Party’s businessParty’sbusiness.

Appears in 1 contract

Samples: Dealership Cooperation Agreement

Representations by the Parties. The Dealer Dealer/Provider and Home Credit hereby represent and 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 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 and are compliant with all the applicable law, rules and regulations covering such Party; 3.3. ; The Dealer Dealer/Provider has the right to carry on its retail business in the Dealer/Provider’s Premises and the Dealer Dealer/Provider has full and exclusive control over its business with absolute power to make all decisions in respect of such business; and 3.4. and 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, the Goods and/or Services or Dealer/Provider’s Premises before any Competent Authority which would materially and adversely affect each Party’s business.

Appears in 1 contract

Samples: Dealership Cooperation Agreement

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Representations by the Parties. The Dealer and Home Credit hereby represent represents and warrant 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 and are compliant with all the applicable law, rules and regulations covering such Party; 3.3. The Dealer has the right to carry on its retail business in the Dealer’s Premises and the Dealer has full and exclusive control over its business with absolute power to make all decisions in respect of such business; 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, the Goods or Dealer’s Premises before any Competent Authority which would materially and adversely affect each Party’s business.

Appears in 1 contract

Samples: Dealership Cooperation Agreement

Representations by the Parties. The Dealer and Home Credit hereby represent represents and warrant 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 and are andare compliant with all the applicable law, rules and regulations covering such Party; 3.3. The Dealer has the right to carry on its retail business in the Dealer’s Premises and the Dealer has full and exclusive control over its business with absolute power to make all decisions in respect of such business; 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, the Goods or Dealer’s Premises before any Competent Authority which would materially and adversely affect each Party’s business.

Appears in 1 contract

Samples: Dealership Cooperation Agreement

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