Common use of WARRANTIES OF THE BUYER Clause in Contracts

WARRANTIES OF THE BUYER. 3.1 The Buyer hereby represents and warrants the following: 3.1.1 the Buyer is the final beneficiary; 3.1.2 the Buyer has no active convictions for criminal offences and there are no international sanctions against the Buyer; 3.1.3 the Buyer has both passive and active legal capacity and the Buyer has the capacity to exercise will in accordance of the legislation of their country of residence; 3.1.4 the economic status of the Buyer allows to fulfil the conditions of the SmartSaver Terms, the Buyer is solvent and no insolvency, restructuring or any similar process has been initiated against the Buyer; 3.1.5 the Buyer gives their consent to Monefit Card to process their personal data according to the provisions of these Terms; 3.1.6 the information provided by the Buyer to Monefit Card are true and complete; 3.1.7 the Buyer has read the SmartSaver Terms, understands the rights and obligations arising from the SmartSaver Terms, and the SmartSaver Terms are in accordance with the Buyer’s will.

WARRANTIES OF THE BUYER. 3.1 The Buyer hereby represents and warrants the following: 3.1.1 the Buyer is the final beneficiary; 3.1.2 the Buyer has no active convictions for criminal offences and there are no international sanctions against the Buyer; 3.1.3 the Buyer has both passive and active legal capacity and the Buyer has the capacity to exercise will in accordance of the legislation of their country of residence; 3.1.4 the economic status of the Buyer allows to fulfil the conditions of the SmartSaver Terms, the Buyer is solvent and no insolvency, restructuring or any similar process has been initiated against the Buyer; 3.1.5 the Buyer gives their consent to Monefit Card to process their personal data according to the provisions of these Terms; 3.1.6 the information provided by the Buyer to Monefit Card are true and complete; 3.1.7 the Buyer has read the SmartSaver Terms, understands the rights and obligations arising from the SmartSaver Terms, and the SmartSaver Terms are in accordance with the Buyer’s will.