Common use of Warranties of SOCAR Clause in Contracts

Warranties of SOCAR. SOCAR represents and warrants that: (i) it is duly organized and validly existing in accordance with the terms of its Charter; and (ii) it has full authority under the laws of the Azerbaijan Republic to execute and perform this Contract, to grant the rights and interests to Contractor as provided under this Contract and to fulfil its obligations under this Contract.

Appears in 2 contracts

Samples: Joint Development and Production Sharing Agreement, Joint Development and Production Sharing Agreement

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Warranties of SOCAR. SOCAR represents and warrants that: (ia) it is duly organized organised and validly existing in accordance with the terms of its Charter; and (iib) it has full authority under the laws of the Azerbaijan Republic to execute and perform this ContractAgreement, to grant the rights and interests to Contractor as provided under this Contract Agreement and to fulfil its obligations under this ContractAgreement.

Appears in 1 contract

Samples: Exploration and Production Sharing Agreement

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Warranties of SOCAR. SOCAR represents and warrants that: : (ia) it is duly organized and validly existing in accordance with the terms of its Charter; and and (iib) it has full authority under the laws of the Republic of Azerbaijan Republic to execute and perform this ContractAgreement, to grant the rights and interests to Contractor as provided under this Contract Agreement and to fulfil fulfill its obligations under this ContractAgreement.

Appears in 1 contract

Samples: Exploration, Development and Production Sharing Agreement

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