Common use of Validity and admissibility in evidence Clause in Contracts

Validity and admissibility in evidence. All Authorisations required or desirable: (a) to enable each Obligor lawfully to enter into, exercise its rights and comply with its obligations in the Finance Documents and the Transaction Documents to which it is a party; (b) to make the Finance Documents and the Transaction Documents admissible in evidence in its jurisdiction of incorporation; and (c) in connection with each Obligor’s business and ownership of assets, have been obtained or effected and are in full force and effect, and there are no circumstances which indicate that any of the same are likely to be revoked in whole or in part.

Validity and admissibility in evidence. All Authorisations required or desirable: (a) to enable each Obligor it lawfully to enter into, exercise its rights and comply with its obligations in the Finance Documents and the Transaction Documents to which it is a party; (b) to make the Finance Documents and the Transaction Documents to which it is a party admissible in evidence in its jurisdiction of incorporation; and (c) in connection with each Obligor’s its business and ownership of assets, have been obtained or effected and are in full force and effect, and there are no circumstances which indicate that any of the same are likely to be revoked in whole or in part.