Common use of Validity and admissibility in evidence Clause in Contracts

Validity and admissibility in evidence. (a) All Authorisations required or desirable: (i) to enable it lawfully to enter into, exercise its rights and comply with its obligations in the Finance Documents to which it is a party; and (ii) to make the Finance Documents to which it is a party admissible in evidence in each Relevant Jurisdiction (save, where applicable, for the filing of necessary or appropriate registrations of the Transaction Security Documents with the appropriate registries in each Relevant Jurisdiction), have been obtained or effected and are in full force and effect. (b) All Authorisations necessary for the conduct of its and its Subsidiaries’ trade and ordinary activities have been obtained or effected and are in full force and effect if failure to obtain or effect those Authorisations has or is reasonably likely to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Facility Agreement (InterXion Holding N.V.), Facility Agreement (InterXion Holding N.V.), Facility Agreement (InterXion Holding N.V.)

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Validity and admissibility in evidence. (a) All Authorisations required or desirablerequired: (i) to enable it lawfully to enter into, exercise its rights under and perform and comply with its obligations in the Finance Documents to which it is a party; and (ii) to make the Finance Documents to which it is a party admissible in evidence in each Relevant Jurisdiction any proceedings in its jurisdiction of incorporation, have been obtained or effected (savesubject to the necessary registrations being completed) and, where applicablesubject to the Reservations, are in full force and effect (or will be when required). (b) All material Authorisations necessary for the filing of necessary or appropriate registrations conduct of the Transaction Security Documents with the appropriate registries in each Relevant Jurisdiction), Permitted Business have been obtained or effected and are in full force and effect. (b) All Authorisations necessary for the conduct of its and its Subsidiaries’ trade and ordinary activities have been obtained or effected and are in full force and effect if , where failure to obtain or effect those Authorisations has or is reasonably likely to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Amendment and Restatement Deed, Common Terms Agreement, Amendment and Restatement Deed

Validity and admissibility in evidence. (a) All Authorisations required or desirablerequired: (i) to enable it lawfully to enter into, exercise its rights under and perform and comply with its obligations in the Borrower Finance Documents to which it is a party; and (ii) to make the Borrower Finance Documents to which it is a party admissible in evidence in each Relevant Jurisdiction any proceedings in its jurisdiction of incorporation, have been obtained or effected (savesubject to the Perfection Requirements) and, where applicablesubject to the Legal Reservations, are in full force and effect (or will be when required). (b) All material Authorisations necessary for the filing of necessary or appropriate registrations conduct of the Transaction Security Documents with the appropriate registries in each Relevant Jurisdiction), Permitted Business have been obtained or effected and are in full force and effect. (b) All Authorisations necessary for the conduct of its and its Subsidiaries’ trade and ordinary activities have been obtained or effected and are in full force and effect if , where failure to obtain or effect those Authorisations has or is reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement

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Validity and admissibility in evidence. (a) All Subject to the Legal Reservations, all Authorisations required or desirable: (i) to enable it each Obligor lawfully to enter into, exercise its rights and comply with its obligations in the Finance Documents to which it is a party; and; (ii) to make the Finance Documents to which it is a party admissible in evidence in each Relevant Jurisdiction its jurisdiction of incorporation; and (save, where applicable, iii) for the filing of necessary or appropriate registrations of the Transaction Security Documents with the appropriate registries in each Relevant Jurisdiction)it and its Subsidiaries to carry on their business and which are material, have been obtained or effected and are in full force and effect. (b) All Authorisations necessary for the conduct of its and its Subsidiaries’ the business, trade and ordinary activities of the Group Members have been obtained or effected and are in full force and effect if failure to obtain or effect those Authorisations has or is might reasonably likely be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Facility Agreement (Guoren Industrial Developments LTD)

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