Representations, Warranties and Covenants of the Authority. The Authority represents, warrants and covenants 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 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 this 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 Authority's ability to perform its obligations under this Agreement; and (f) it has good, legal and valid right and title to the Site, and has the power and authority to handover the Site to the Concessionaire for the development of the Project in accordance with the terms of this Agreement.
Appears in 7 contracts
Samples: Concession Agreement, Concession Agreement, Concession Agreement
Representations, Warranties and Covenants of the Authority. 7.2.1 The Authority represents, warrants and covenants 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 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 this 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 Authority's ability to perform its obligations under this Agreement; and
(f) it has good, legal and valid right and title to the Site, Site for Medical College and Site for District Hospital and has the power and authority to handover the Site for the Medical College and Site for the District Hospital to the Concessionaire for the development of the Project in accordance with the terms provisions of this Agreement.
Appears in 5 contracts
Samples: Concession Agreement, Concession Agreement, Concession Agreement
Representations, Warranties and Covenants of the Authority. The Authority represents, warrants and covenants 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 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 this 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 Authority's ability to perform its obligations under this Agreement; and
(f) it has good, legal and valid right and title to the Site, Project Site and has the power and authority to handover the Project Site to the Concessionaire for the development of the Project in accordance with the terms provisions of this Agreement.
Appears in 5 contracts
Samples: Concession Agreement, Concession Agreement, Concession Agreement
Representations, Warranties and Covenants of the Authority. The Authority represents, warrants and covenants 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 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 this 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 Authority's ability to perform its obligations under this Agreement; and
(f) it has good, legal and valid right and title to the Site, Project Site and has the power and authority to handover the Project Site to the Concessionaire for the development of the Project in accordance with the terms provisions of this Agreement.
Appears in 3 contracts
Samples: Concession Agreement, Concession Agreement, Concession Agreement
Representations, Warranties and Covenants of the Authority. The Authority represents, represents warrants and covenants to the Concessionaire that:
(a) it has full power and authority to execute, deliver and perform its obligations under this Concession 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 Applicable Laws action to authorise authorize the execution, delivery and performance of this Concession Agreement;
(c) it has the financial standing and capacity to perform its obligations under this Agreement;Not used
(d) this Agreement constitutes a legal, valid and binding obligation enforceable against it the Concessioning Authority 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 Authority's ability to perform its obligations under this Agreement; and
(f) it has good, legal and valid right and title to the Site, Project Site and has the power and authority to handover the Project Site to the Concessionaire for the development of the Project in accordance with the terms provisions of this Agreement.
Appears in 1 contract
Samples: Concession Agreement