Warranties. 8.1 The Contractor warrants, represents and undertakes for the duration of the Contract Period that: a) it has full capacity and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and perform its obligations under the Contract and that the Contract is executed by a duly authorised representative of the Contractor; b) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract; c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract; d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract; e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue; f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract; g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;
Appears in 5 contracts
Samples: Framework Agreement, Framework Agreement, Framework Agreement
Warranties. 8.1 The Contractor Company warrants, represents undertakes and undertakes for the duration of the Contract Period agrees that:
(a) it has full capacity power and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into this Agreement and perform to give effect to its obligations under the Contract and that the Contract is executed by a duly authorised representative of the Contractorterms;
(b) except for the underlying works identified under Clause 7.2 and for those Acquired Property created after the date of this Agreement, immediately prior to the signing of this Agreement, the Company legally and beneficially owns the Acquired Property, and has the right to assign to RTHK the Acquired Property on the terms set out in Clause 7.1;
(c) unless they already exist as at the Commencement Datedate of this Agreement, all information contained Acquired Property and the Characters consist of original works created, developed or made by the Production Team for RTHK during the course of or in connection with this Agreement;
(d) after the Tender remains truevesting and assignment under Clause 7.1, accurate all of the Acquired Property is and not misleadingwill be owned by RTHK free from all rights, save as may have been specifically disclosed in writing interests, encumbrances of whatsoever nature whether belonging to the Authority prior Company or any other person;
(e) in respect of the underlying works mentioned in Clause 7.2, the Company has a valid and continuing licence under which it is entitled to execution use the same to the extent necessary or desirable for performing its obligations and duties under this Agreement or for producing the Programme, the Delivery Materials and other underlying works in accordance with the requirements of this ContractAgreement, and it has separately procured all necessary licenses, clearances and consents in favour of RTHK and each of its authorized users, assigns and successors-in-title on the terms set out in Clause 7.3;
c(f) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up respect of the Contractor or for its dissolution or for Characters, the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has Company legally and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to beneficially owns the Intellectual Property Rights subsisting in all materials used the same, and has the right to grant in favour of RTHK and each of its authorized users, assigns and successors-in-title the licence in respect of the same on the terms set out in Clause 7.4;
(g) there are no claims, actions or proceedings (pending or threatened) which may adversely affect the rights of RTHK under this Agreement;
(h) the provision of any services by the Contractor for Company or the purpose otherwise performance of providing this Agreement by the Services and/or delivered to Company does not and will not infringe the Authority; h) NOT USED; Intellectual Property Rights of any person;
(i) as at the Commencement Date all statements exercise by RTHK, its authorized users, assigns and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority successors-in-title of any factof the rights granted under this Agreement will not infringe any Intellectual Property Rights of any person;
(j) none of the Acquired Property and the Licensed Property contains any material which is obscene, matter libelous or circumstance defamatory.
(k) the Company shall seek RTHK’s prior written approval before the submission of which it may become aware which would render the Programme or any versions of the Programme to any television festivals or film festivals or otherwise public viewing for any purposes whatsoever; the Company shall bear all costs related to such statement submission and should the Programme or representation any versions of the Programme be awarded any prize money, testimonials or trophies, the Company shall hand over all such prize money, testimonials or trophies to RTHK immediately; and
(l) the members of the Production Team as listed in paragraph 8 of Schedule I shall be false or misleading;the people who will carry out the production of the Programme save for any replacement from time to time approved by RTHK.
Appears in 4 contracts
Samples: Production Agreement, Production Agreement, Production Agreement
Warranties. 8.1 (a) The Contractor warrants, Company represents and undertakes for the duration of the Contract Period warrants to Principal Underwriter that:
a(i) it has full capacity Registration Statements on Form S-1 for each of the Contracts identified in Attachment A have been filed with the Commission in the form previously delivered to Principal Underwriter and authority that copies of any and all necessary consents amendments thereto will be forwarded to Principal Underwriter at the time that they are filed with Commission;
(including where its procedures so requireii) The Registration Statement and any further amendments or supplements thereto will, when they become effective, conform in all material respects to the consent of its parent company) to enter into and perform its obligations under the Contract and that the Contract is executed by a duly authorised representative requirements of the Contractor;
b) as at Securities Act of 1933, and the Commencement Daterules and regulations of the Commission under such Acts, all information contained in and will not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the Tender remains true, accurate and statements therein not misleading; provided, save as may have been specifically disclosed however, that this representation and warranty shall not apply to any statement or omission made in reliance upon and in conformity with information furnished in writing to Company by Principal Underwriter expressly for use therein;
(iii) The Company is validly existing as a stock life insurance company in good standing under the Authority prior laws of the State of New York, with power to execution own its properties and conduct its business as described in the Prospectus, and has been duly qualified for the transaction of business and is in good standing under the laws of each other jurisdiction in which it owns or leases properties, or conducts any business;
(iv) Those persons who offer and sell the Contracts are to be appropriately licensed or appointed to comply with the state insurance laws;
(v) The performance of this Contract;
c) no claim Agreement and the consummation of the transactions contemplated by this Agreement will not result in a violation of any of the provisions of or default under any statute, indenture, mortgage, deed of trust, note agreement or other agreement or instrument to which Company is being asserted and no litigationa party or by which Company is bound (including Company's Charter or By-laws as a stock life insurance company, arbitration or administrative proceeding is presently in progress orany order, to the best rule or regulation of its knowledge and belief, pending any court or threatened against it governmental agency or body having jurisdiction over Company or any of its assets properties);
(vi) There is no consent, approval, authorization or order of any court or governmental agency or body required for the consummation by Company of the transactions contemplated by this Agreement, except such as may be required under the Securities Exchange Act of 1934 or state insurance or securities laws in connection with the distribution of the Contracts; and
(vii) There are no material legal or governmental proceedings pending to which will Company is a party or might of which any property of Company is the subject (other than as set forth in the Prospectus relating to the Contracts, or litigation incident to the kind of business conducted by the Company) which, if determined adversely to Company, would individually or in the aggregate have a material adverse effect on its ability the financial position, surplus or operations of Company.
(b) Principal Underwriter represents and warrants to perform its obligations Company that:
(i) It is a broker-dealer duly registered with the Commission pursuant to the Securities Exchange Act of 1934, is a member in good standing of the NASD, and is in compliance with the securities laws in those states in which it conducts business as a broker-dealer;
(ii) As a principal underwriter, it shall permit the offer and sale of Contracts to the public only by and through persons who are appropriately licensed under the Contractsecurities laws and who are appointed in writing by the Company to be authorized insurance agents;
d(iii) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under The performance of this Agreement and the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up consummation of the Contractor transactions herein contemplated will not result in a breach or for its dissolution or for the appointment violation of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets terms or revenue;provisions of or constitute a default under any statute, indenture, mortgage, deed of trust, note agreement or other agreement or instrument to which Principal Underwriter is a party or by which Principal Underwriter is bound (including the Certificate of Incorporation or By-laws of Principal Underwriter or any order, rule or regulation of any court or governmental agency or body having jurisdiction over either Principal Underwriter or its property); and
f(iv) it has To the extent that any statements made in the Registration Statement, or any amendment or supplement thereto, are made in reliance upon and in conformity with written information furnished to Company by Principal Underwriter expressly for use therein, such statements will, when they become effective or are filed with the Commission, as the case may be, conform in all material respects to the requirements of the Securities Act of 1933 and the rules and regulations of the Commission thereunder, and will continue not contain any untrue statement of a material fact or omit to hold all necessary (if any) regulatory approvals from the Regulatory Bodies state any material fact required to be stated therein or necessary to perform make the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or therein not misleading;.
Appears in 4 contracts
Samples: Underwriting Agreement (Allstate Life of N Y Var Life Sep Acct A), Underwriting Agreement (Allstate Life of New York Separate Account A), Underwriting Agreement (Allstate Life of N Y Var Life Sep Acct A)
Warranties. 8.1 9.1 The Contractor warrants, represents and undertakes for Provider warrants to the duration of the Contract Period Client that:
a) it the Provider has full capacity the legal right and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into the Agreement and perform its obligations under the Contract and that the Contract is executed by a duly authorised representative of the Contractor;
b) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the ContractAgreement;
b) the Provider will comply with all applicable legal and regulatory requirements applying to the exercise of the Provider's rights and the fulfilment of the Provider's obligations under the Agreement;
c) the Platform will incorporate security features reflecting the requirements of good industry practice: and
d) it that the Hosted Services, when used by the Client in accordance with the Agreement, will not breach any laws, statutes or regulations applicable under the English law and will not infringe the Intellectual Property Rights of any person in any jurisdiction and under any applicable law.
9.2 The Client acknowledges that:
a) use of the Hosted Services is at the Client’s sole risk, that the Provider cannot and does not warrant that the service will meet all requirements of the Client, or that the operation of the Hosted Services will be uninterrupted or error- free.
b) the Hosted Services and anything related thereto are provided "as is" and "as available", with all faults and without warranty of any kind, and Provider hereby expressly disclaims all warranties and conditions with respect to the Hosted Services and anything related thereto, either express, implied or statutory, including, but not limited to, the implied warranties and/or conditions of merchantability, of satisfactory quality, fitness for a particular purpose, accuracy, quiet enjoyment, and of non-infringement of third party rights. No oral or written information or advice given by the Provider or its Affiliate shall mean or intend to create a warranty, express or implied.
c) complex software is never wholly free from defects, errors, bugs etc. nor entirely free from security vulnerabilities; and subject to the other provisions of the Agreement, the Provider gives no warranty or representation that the Hosted Services will be entirely secure or that the Hosted Services will be wholly free from defects, errors and/or bugs or that such defects shall be corrected promptly by the Provider.
d) the Hosted Services are designed to be compatible only with that software and those systems specified as compatible in the Hosted Services Specification; and the Provider does not warrant or represent that the Hosted Services will be compatible with any contractual obligation, compliance with which is likely other software or systems.
e) the Provider may not be able to have a material adverse effect on its ability ensure exactly 100% accuracy in results or go by the sharp 30-second verification time; these figures may vary slightly as the verification process can be delayed owing to heavy website traffic or the clarity of the verification document.
9.3 The Client warrants to the Provider that it has the legal right and authority to enter into the Agreement and to perform its obligations under the Contract;Agreement.
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up 9.4 All of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements parties' warranties and representations in respect of the Contractor's Response to subject matter of the Invitation to Tender Agreement are to expressly set out in the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;Agreement.
Appears in 4 contracts
Samples: Terms and Conditions, Terms and Conditions, Terms and Conditions
Warranties. 8.1 The Contractor warrants(1) With respect to each Approved Wholesale Account which the Cooperative offers to sell under this Article IV, represents and undertakes for the duration of the Contract Period Cooperative warrants to Statesman that:
(a) it It has full capacity good title to such Wholesale Account, there is no restriction on its sale and authority transfer and all necessary consents the sale and transfer thereof is otherwise rightful;
(including where b) Such Wholesale Account is a binding obligation arising from the sale of merchandise or the provision of a service by the Cooperative in the ordinary course of business, as described in the invoice relating to such transaction, to a person or entity specified therein as the obligor, arises out of legally sufficient consideration, and constitutes the valid and legally binding obligation of such obligor enforceable in accordance with its procedures so requireterms;
(c) No invoice has been materially altered;
(d) The obligor on such Wholesale Account has no defense, set off or counterclaim against the consent of its parent companyCooperative which is good against it;
(e) to enter into and perform its obligations under the Contract and that the Contract is executed by a duly authorised representative The conduct of the ContractorCooperative in making the sale or sales out of which such Wholesale Account arose was in all material respects in compliance with all applicable laws and was not induced by fraud, false or misleading representations or any other manner of unfair or deceptive trade practices or other unlawful conduct;
b(f) as at All credit information concerning the Commencement Dateobligor on such Wholesale Account was obtained and recorded in strict compliance with all applicable state and federal laws, all and the Cooperative has no reason to believe that any such information contained is false, misleading or incomplete in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contractany respect;
c(g) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, All current credit information with respect to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability such obligor has been accurately reported to perform its obligations under the ContractStatesman;
d(h) it The terms and conditions of the agreement between the Cooperative and the obligor with respect to such Wholesale Account, including the Repayment Terms, are not materially different from those approved by Statesman for such obligor, and the Cooperative has not amended or waived or agreed to amend or waive any such term or condition or taken any other action which might result in any constructive or implied waiver or modification thereof;
(i) The Cooperative has no knowledge of any insolvency proceeding involving the obligor on such Wholesale Account; and
(j) Such Wholesale Account is not subject to any contractual obligationclaim, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings lien, security interest, charge or other steps have been taken encumbrance in favor of any one other than the Cooperative and Statesman, and the Cooperative has not discharged (nor, to the best of its knowledge, are threatened) offered such Wholesale Account for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation sale to any of the Contractor‟s assets or revenue;purchaser other than Statesman.
f(2) The Cooperative further represents and warrants that it has is and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as shall be solvent at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best time of its knowledge, information and belief, true and accurate and that it will advise the Authority each sale of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;Wholesale Accounts.
Appears in 4 contracts
Samples: Revolving Credit Agreement (Southern States Capital Trust I), Revolving Credit Agreement (Southern States Cooperative Inc), Financing Services and Contributed Capital Agreement (Southern States Cooperative Inc)
Warranties. 8.1 8.1. The Contractor warrants, represents and undertakes for the duration of the Contract Period that:
(a) it has full capacity and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and perform its obligations under the Contract and that the Contract is executed by a duly authorised representative of the Contractor;
(b) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
(c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
(d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
(e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s Contractor’s assets or revenue;
(f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
(g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; ;
(h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;
(i) the appropriate documents will contain all necessary information and explanation required for the purpose of executing the exit plan and for suitably qualified employees of the Authority or of the Successor Supplier to be able to use the software and receive the Services and to perform the replacement Services on termination or expiry; and
(j) it shall, and its Staff shall, at all times comply with the Law in carrying out their obligations under this Contract.
(k) in the three 3 years prior to the date of this Contract:
(i) it has conducted all financial accounting and reporting activities in compliance in all material respects with the generally accepted accounting principles that apply to it in any country where it files accounts;
(ii) it has been in full compliance with all applicable securities and tax laws and regulations in the jurisdiction in which it is established; and
(iii) it has not done or omitted to do anything which could have a material adverse effect on its assets, financial condition or position as an ongoing business concern or its ability to fulfill its obligations under the Contract.
Appears in 4 contracts
Samples: Contract for Security Guarding Services, Provision of Garden & Grounds Maintenance Agreement, Provision of Security Guarding Services Agreement
Warranties. 8.1 The Contractor warrants, represents Assignor hereby warrants and undertakes covenants that (i) except for the duration rights and interests of the Contract Period that:
a) it has full capacity and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and perform its obligations Airport Lessor under the Contract Lease, Assignor is now the sole owner of all rights and that the Contract is executed by a duly authorised representative of the Contractor;
b) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights interests in and to the Intellectual Property Rights Assigned Premises, (ii) the Lease[, as it relates to the Assigned Premises,] is in full force and effect, (iii) Assignor has complied with all materials used terms and provisions of the Lease [as it relates to the Assigned Premises] and same is not currently in default and Assignor knows of no condition which with the passage of time or giving of notice might constitute a default under the Lease by any party, and (iv) the Contractor Assigned Premises and the Lease[, insofar as it relates to the Assigned Premises,] are free from all liens and encumbrances. A copy of the Lease (and all amendments thereto) are attached as Annex 2. Subject to the foregoing, Assignee accepts the Assigned Premises and equipment thereon "AS IS" and acknowledges that there is, with respect to the Assigned Premises and equipment thereon, NO WARRANTY, REPRESENTATION, OR CONDITION OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING THE WARRANTY OF MERCHANTABILITY OR OF FITNESS FOR A PARTICULAR PURPOSE, and that none shall be implied by law. Except as stated in this Agreement, Assignee acknowledges that Assignor has made no representations with respect to the Assigned Premises or equipment. Final determination of the suitability of the Assigned Premises or equipment for the purpose use contemplated by Assignee is the sole responsibility of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements Assignee, and representations Assignor shall have no responsibility in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any connection with such statement or representation to be false or misleading;suitability.
Appears in 4 contracts
Samples: Capacity Purchase Agreement (Continental Airlines Inc /De/), Capacity Purchase Agreement (Continental Airlines Inc /De/), Capacity Purchase Agreement (Expressjet Holdings Inc)
Warranties. 8.1 (a) The Contractor warrants, represents Seller makes the following representations and undertakes for warranties to the duration of the Contract Period thatEscrow Agent:
a(i) it The Seller has full capacity power and authority to execute and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into deliver this Agreement and perform its obligations under the Contract and that the Contract is executed by a duly authorised representative of the Contractor;
b) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations hereunder.
(ii) This Agreement has been executed by the Seller and is enforceable against the Seller in accordance with its terms.
(iii) The execution, delivery, and performance by the Seller of this Agreement will not violate, conflict with, or cause a default under any agreement to which the Contract;Seller is a party or any applicable law or regulation, any court order or administrative ruling or degree by which the Seller is bound.
d(iv) it is not subject No party other than the parties hereto have, or shall have, any lien, claim or security interest in the Collateral or any part thereof.
(v) All of the representations and warranties of the Seller contained herein are true and complete as of the date hereof and will be true and complete at the time of any delivery of the Collateral by the Escrow Agent.
(b) Each Buyer makes the following representations and warranties to any contractual obligation, compliance with which is likely the Escrow Agent:
(i) Such Buyer has full power and authority to have a material adverse effect on its ability execute and deliver this Agreement and to perform its obligations hereunder.
(ii) This Agreement has been executed by such Buyer and is enforceable against such Buyer in accordance with its terms.
(iii) The execution, delivery, and performance by such Buyer of this Agreement will not violate, conflict with, or cause a default under any agreement to which such Buyer is a party or any applicable law or regulation, any court order or administrative ruling or degree by which such Buyer is bound.
(iv) No party other than the Contract;parties hereto have, or shall have, any lien, claim or security interest in the Collateral or any part thereof.
e(v) no proceedings or other steps have Price has been taken duly appointed to act as the representative of the Buyers hereunder (the “Buyer's Representative”) and not discharged (norhas full power and authority to execute, deliver any joint written direction to the Escrow Agent on behalf of the Buyers, to amend, modify, or waive any provision of this Agreement and to take any and all other actions as the best of its knowledgeBuyer's Representative under this Agreement, are threatenedall without further consent or direction form, or notice to, the Buyers or any other party.
(vi) for the winding up All of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any representations and warranties of the Contractor‟s assets or revenue;
f) it has Buyers contained herein are true and complete as of the date hereof and will continue to hold all necessary (if any) regulatory approvals from be true and complete at the Regulatory Bodies necessary to perform time of any delivery of the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used Collateral by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;Escrow Agent.
Appears in 4 contracts
Samples: Installment Purchase Agreement (Syntony Group Inc), Installment Purchase Agreement (Price David), Escrow Agreement (Syntony Group Inc)
Warranties. 8.1 The Contractor Company warrants, represents undertakes and undertakes for the duration of the Contract Period agrees that:
(a) it has full capacity power and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into this Agreement and perform to give effect to its obligations under the Contract and that the Contract is executed by a duly authorised representative of the Contractorterms;
(b) except for the underlying works identified under Clause 7.2 and for those Acquired Property created after the date of this Agreement, immediately prior to the signing of this Agreement, the Company legally and beneficially owns the Acquired Property, and has the right to assign to RTHK the Acquired Property on the terms set out in Clause 7.1;
(c) unless they already exist as at the Commencement Datedate of this Agreement, all information contained Acquired Property and the Characters consist of original works created, developed or made by the Production Team for RTHK during the course of or in connection with this Agreement;
(d) after the Tender remains truevesting and assignment under Clause 7.1, accurate all of the Acquired Property is and not misleadingwill be owned by RTHK free from all rights, save as may have been specifically disclosed in writing interests, encumbrances of whatsoever nature whether belonging to the Authority prior Company or any other person;
(e) in respect of the underlying works mentioned in Clause 7.2, the Company has a valid and continuing licence under which it is entitled to execution use the same to the extent necessary or desirable for performing its obligations and duties under this Agreement or for producing the Programme, the Delivery Materials and other underlying works in accordance with the requirements of this ContractAgreement, and it has separately procured all necessary licenses, clearances and consents in favour of RTHK and each of its authorized users, assigns and successors-in-title on the terms set out in Clause 7.3;
c(f) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up respect of the Contractor or for its dissolution or for Characters, the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has Company legally and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to beneficially owns the Intellectual Property Rights subsisting in all materials used the same, and has the right to grant in favour of RTHK and each of its authorized users, assigns and successors-in-title the licence in respect of the same on the terms set out in Clause 7.4;
(g) there are no claims, actions or proceedings (pending or threatened) which may adversely affect the rights of RTHK under this Agreement;
(h) the provision of any services by the Contractor for Company or the purpose otherwise performance of providing this Agreement by the Services and/or delivered to Company does not and will not infringe the Authority; h) NOT USED; Intellectual Property Rights of any person;
(i) as at the Commencement Date all statements exercise by RTHK, its authorized users, assigns and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority successors-in-title of any factof the rights granted under this Agreement will not infringe any Intellectual Property Rights of any person;
(j) none of the Acquired Property and the Licensed Property contains any material which is obscene, matter libelous or circumstance defamatory.
(k) the Company shall seek RTHK’s prior written approval before the submission of which it may become aware which would render the Programme or any versions of the Programme to any television festivals or film festivals or otherwise public viewing for any purposes whatsoever; the Company shall bear all costs related to such statement submission and should the Programme or representation any versions of the Programme be awarded any prize money, testimonials or trophies, the Company shall hand over all such prize money, testimonials or trophies to RTHK immediately; and
(l) the members of the Production Team as listed in paragraph 9 of Schedule I shall be false or misleading;the people who will carry out the production of the Programme save for any replacement from time to time approved by RTHK.
Appears in 4 contracts
Samples: Production Agreement, Production Agreement, Production Agreement
Warranties. 8.1 The Contractor warrants, (a) Each party represents and undertakes for warrants to the duration of the Contract Period other party that:
a1) it has the full capacity corporate right, power and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into this Agreement and to perform the acts required of it hereunder; its obligations under the Contract and that the Contract is executed by a duly authorised representative of the Contractor;
b) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted Agreement and no litigation, arbitration or administrative proceeding is presently in progress or, to the best performance of its knowledge obligations hereunder, do not and beliefwill not violate, pending breach, or threatened against result in a default of any contract, lease, or other agreement to which it is a party or by which it is bound, any of its assets which will violations, breaches, or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely defaults could reasonably be expected to have a material adverse effect on its the ability of such party to perform its obligations under the Contracthereunder;
e2) no proceedings its execution of this Agreement and performance of its obligations hereunder, do not and will not violate or conflict with the articles of incorporation or by-laws (or other steps have been taken governing instruments) of such party;
3) when executed and not discharged delivered, this Agreement will constitute the legal, valid and binding obligation of such party, enforceable against it in accordance with its terms; and
4) it will comply with all then-current applicable laws, rules, and regulations in connection with the exercise of their rights and obligations under this Agreement (norincluding, without limitation, any related to individual privacy).
(b) In addition to the foregoing, InfoSpace represents and warrants that, to the best of its knowledge, there are no actions, suits, or proceedings, pending or threatened) for the winding up of the Contractor or for , which will have a material adverse effect on InfoSpace’s ability to fulfill its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;Agreement.
g(c) InfoSpace warrants to Cingular that the Services will be free from material defects in design, material and workmanship.
(d) InfoSpace also warrants to Cingular that the Services provided hereunder will be performed in a professional manner, in material compliance with the specifications in Exhibit A, and with the care, skill, and diligence, and in accordance with the applicable standards, currently recognized in InfoSpace’s profession or industry.
(e) InfoSpace also warrants to Cingular that the Services performed by any of its representatives, including any subcontractor, will be performed in a professional manner, in material compliance with the specifications in Exhibit A, and with the care, skill and diligence, and in accordance with the applicable standards, currently recognized in InfoSpace’s profession or industry. InfoSpace shall be responsible for the work done by its subcontractors, and such work shall be done in compliance with the applicable provisions of this Agreement, including any applicable Work Order, Purchase Order or Exhibit.
(f) InfoSpace also warrants that the Technology it shall utilize has year 2000 capability. Year 2000 capability means that the Technology utilized by InfoSpace will:
(i) Read, compute, store, process, display and print data involving dates, including single century and multi-century formulas, and will continue not cause computational, display, storage or other errors resulting from the liability to have all necessary rights in accurately or correctly handle dates, including, but not limited to, year 2000 and to February 29, 2000; and
(ii) Include the Intellectual Property Rights indication of century in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements date-related user interface functionality, data fields, and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;generated code.
Appears in 3 contracts
Samples: Wireless Services Agreement (Motricity Inc), Wireless Services Agreement (Motricity Inc), Wireless Services Agreement (Motricity Inc)
Warranties. 8.1 The Contractor warrantsTHE SERVICE PROVIDER - shall provide all services in a workmanlike, represents professional and undertakes proper manner and shall comply with all applicable regulations, laws and best industry practices. THE PARTIES undertake to individually as well as an organization together to hold any necessary approvals, certificates or licenses for performing the duration services/business, including any necessary approval or license for conducting international projects, if part of the Contract Period that:
a) it has full capacity services/business. THE PARTY OF THE FIRST PART AND SECOND PART shall employ and authority maintain sufficient, sufficiently qualified, trained, directed and all supervised staff necessary consents (including where its procedures so requireto properly and safely perform the services/projects/assignments/business in compliance with this agreement. THE PARTIES hereto hereby undertake to comply with, provide the consent of its parent company) services and conduct themselves, subject to enter into and perform its obligations under in strict accordance with the Contract terms and that the Contract is executed by a duly authorised representative of the Contractor;
b) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution conditions of this Contract;
c) no claim is being asserted and no litigationAgreement, arbitration including any exhibits or administrative proceeding is presently in progress or, to schedules attached hereto. In the best event of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to conflict between any of the Contractor‟s assets exhibits, schedules or revenue;
fancillary documents and this agreement, the terms of this agreement shall prevail, and in turn in case of any conflict between the present Memorandum of Understanding and the MOA and AOA of the SERVICE PROVIDER (latter shall act as the Parent Agreement to which the present agreement/MOU shall be deemed to be subsidiary) it has and shall prevail. THE PARTIES hereto will continue to comply with all applicable laws, including labor laws and other applicable commercial laws and regulations, in the performance of this Agreement. THE PARTY OF THE SECOND PART shall, keep sufficiently saved, indemnify and hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has harmless, THE PARTY OF THE FIRST PART, its affiliates and will continue to have all necessary rights in their respective officers and to the Intellectual Property Rights in all materials used employees harmless against any loss, damage/s, cost or expense arising out of any claim, dispute or litigation by third parties or by the Contractor for said PARTY OF THE SECOND PART or its affiliates, or their respective employees, officers, agents or contractor, alleging or involving, directly or indirectly, the purpose breach by the said PARTY OF THE SECOND PART of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of this Agreement, or its knowledge, information and belief, true and accurate and that it will advise the Authority violation of any factapplicable laws or regulations, matter whether such claim, dispute or circumstance of which it may become aware which would render any such statement litigation involves property damages or representation to be false loss, personal injury, economic loss or misleading;damage or otherwise.
Appears in 3 contracts
Samples: Annual Maintenance Contract, Annual Maintenance Contract, Annual Maintenance Contract
Warranties. 8.1 The Contractor warrantshereby represents, represents warrants and undertakes for agrees that at all times during the duration of the Contract Period that:
Term: (a) it has full capacity Contractor has, and authority and all necessary consents (including where its procedures so requireany personnel providing Services have, the consent of its parent company) to enter into and perform its obligations under the Contract and that the Contract is executed by a duly authorised representative of the Contractor;
b) as at the Commencement Dateor will have when required hereunder, all information contained licenses and permits required for it to provide the Services, and performance under this Agreement will not violate or be restricted in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing any material manner by any agreement to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it which Contractor or any of its assets which will employees or might have a material adverse effect on subcontractors are bound, (b) it is currently active, in good standing and qualified in all applicable jurisdictions to conduct its business as it is presently conducted and of sufficient financial solvency to assure YHI of its ability to perform its obligations under this Agreement, (c) it will remain in compliance with all requirements applicable to its existence and activities, and it has the Contract;
experience, personnel and financial resources to provide the Services according to the terms of this Agreement, (d) there are no claims, demands, investigations, lawsuits or other matters pending against Contractor, its employees, owners or others that could materially adversely impact Contractor’s ability to provide the Services, (e) the Services will be performed promptly in good faith, in a professional manner, and at a professional level of quality, according to good industry practices (as used in this Agreement, the relevant industry is well-run state-based health insurance exchanges), and in compliance with all laws, regulations, codes, ordinances, and other binding government requirements, including all requirements, guidance and policies of CMS, HHS and any other government agency, and federal law regarding health exchanges (“Laws”) and the terms of this Agreement and any other contract to which Contractor is a party related to this Agreement or to which YHI is a party and the relevant terms of which YHI has communicated to Contractor, (f) all Services when performed and any items delivered by Contractor, such as specifications, programs, code, notes, documentation, documents, designs, plans, information, or other items of any nature tangible or intangible (collectively, “Deliverables”) will, except as agreed to in writing by YHI in advance, be the original work of Contractor with no third party materials included in such Deliverable, and will for one hundred eighty (180) days after acceptance, or such other period agreed to by the parties in writing, have no defects and comply in all respects with all specifications, designs, drawings, plans, material lists, acceptance criteria and other requirements and documents included or described in this Agreement or otherwise agreed to by Contractor and YHI, and all Laws and good industry standards, (g) all Services will be provided solely by Contractor and any subcontractors approved by YHI in this Agreement or in writing (for clarity, indirect efforts supporting the individuals directly providing the Services are not subject to this requirement), and all Services will be performed in the United States and no YHI Confidential Information will be stored, or accessed, outside the United States, (h) regardless of whether Contractor will be reimbursed hereunder for any of such amounts, Contractor will timely pay and make proper filings relating to all taxes and other government charges due based on its provision of the Services, its payments to its employees and contractors, the conduct, revenue and profits of its business and otherwise, (i) Contractor will not act or fail to act in any way that results in a lien in favor of any party on any property of YHI, and if any such lien arises, it is will immediately take all actions necessary to remove such lien at no cost to YHI, (j) Contractor will promptly provide notice to YHI of any change in circumstances that may adversely impact the Services and of any claim made against Contractor or YHI, or any third party that may have an adverse impact on YHI or its activities, (k) upon delivery, except as provided otherwise herein, YHI will own all right, title and interest in and to each Deliverable free of any claims or encumbrances of any nature, (l) Services, including all Deliverables, and the use of each Deliverable as reasonably contemplated by YHI, will not infringe upon, misappropriate or violate the rights of any third party, including IP Rights, and any other rights arising at Law, in equity or otherwise, (m) Contractor will not violate any rights of YHI, including the IP Rights, the rights of YHI under Section 18 relating to YHI Confidential Information, and any other rights set forth in this Agreement or provided at Law, in equity or otherwise, (n) Deliverables have not been created with and do not contain or require for their operation any free or open source software except as agreed to in writing in advance by YHI, and in any event are not subject to any contractual obligationlicense terms requiring any Deliverable or other YHI software, compliance with which is likely data or other property to have a material adverse effect on its ability be made public or licensed to perform its obligations under any third party without the Contract;
econsent of YHI, (o) no proceedings Deliverables or electronic communications from Contractor will contain any computer virus, worm, Trojan, timebomb, logic bomb, backdoor, exploit, keylogger, timer, infector, instruction, routine, rootkit, surveillance software, disabling code, or other steps have been taken and malware or malicious code intended to or that does cause the computers or systems of YHI or any third party to fail to act properly or to function in an unintended manner or permit access to such computers or systems by any person, computer or process not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used intended by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;YHI.
Appears in 3 contracts
Samples: Independent Contractor Agreement, Independent Contractor Agreement, Independent Contractor Agreement
Warranties. 8.1 3.1 The Contractor warrants, Authority represents and undertakes for the duration of the Contract Period warrants that:
(a) it has full capacity and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and to perform this Agreement;
(b) this Agreement is executed by its duly authorised representative;
(c) there are no actions, suits or proceedings or regulatory investigations before any court or administrative body or arbitration tribunal pending or, to its knowledge, threatened against it that might affect its ability to perform its obligations under this Agreement; and
(d) its obligations under this Agreement constitute its legal, valid and binding obligations, enforceable in accordance with their respective terms subject to applicable bankruptcy, reorganisation, insolvency, moratorium or similar Laws affecting creditors’ rights generally and subject, as to enforceability, to equitable principles of general application (regardless of whether enforcement is sought in a proceeding in equity or law).
3.2 The Supplier represents and warrants that:
(a) it is validly incorporated, organised and subsisting in accordance with the Contract Laws of its place of incorporation;
(b) it has full capacity and that the Contract authority to enter into and to perform this Agreement;
(c) this Agreement is executed by a its duly authorised representative of the Contractorrepresentative;
b(d) as at it has all necessary consents and regulatory approvals to enter into this Agreement;
(e) it has notified the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed Authority in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigationany actions, arbitration suits or proceedings or regulatory investigations before any court or administrative proceeding is presently in progress body or arbitration tribunal pending or, to the best of its knowledge and beliefknowledge, pending or any threatened against it or any of its assets which will or Affiliates that might have a material adverse effect on affect its ability to perform its obligations under the Contractthis Agreement;
d(f) its execution, delivery and performance of its obligations under this Agreement will not constitute a breach of any Law or obligation applicable to it and will not cause or result in a default under any agreement by which it is bound;
(g) its obligations under this Agreement constitute its legal, valid and binding obligations, enforceable in accordance with their respective terms subject to applicable bankruptcy, reorganisation, insolvency, moratorium or similar Laws affecting creditors’ rights generally and subject, as to enforceability, to equitable principles of general application (regardless of whether enforcement is sought in a proceeding in equity or law);
(h) all written statements and representations in any written submissions made by the Supplier as part of the procurement process, including without limitation its response to the selection questionnaire and ITT (if applicable), its tender and any other documents submitted remain true and accurate except to the extent that such statements and representations have been superseded or varied by this Agreement or to the extent that the Supplier has otherwise disclosed to the Authority in writing prior to the date of this Agreement;
(i) it has notified the Authority in writing of any Occasions of Tax Non- Compliance and any litigation in which it is involved that is in connection with any Occasion of Tax Non-Compliance;
(j) it has all necessary rights in and to the Licensed Software, the Third Party IPRs, the Supplier Background IPRs and any other materials made available by the Supplier (and/or any Sub-contractor) to the Authority which are necessary for the performance of the Supplier’s obligations under this Agreement and/or the receipt of the Services by the Authority;
(k) the Contract Inception Report is a true and accurate reflection of the Costs and Supplier Profit Margin forecast by the Supplier and the Supplier does not have any other internal financial model in relation to the Services inconsistent with the Financial Model;
(l) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contractthis Agreement;
e(m) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor Supplier or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s Supplier’s assets or revenue;; and
f(n) within the previous 12 months, no Financial Distress Events have occurred or are subsisting (or any events that would be deemed to be Financial Distress Events under this Agreement had this Agreement been in force) and there are currently no matters that it has is aware of that could cause a Financial Distress Event to occur or subsist.
3.3 The representations and will continue warranties set out in Clause 3.2 shall be deemed to hold all necessary be repeated by the Supplier on the Effective Date (if anylater than the date of signature of this Agreement) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and by reference to the Intellectual Property Rights facts then existing.
3.4 Each of the representations and warranties set out in all materials used Clauses 3.1 and 3.2 shall be construed as a separate representation and warranty and shall not be limited or restricted by reference to, or inference from, the terms of any other representation, warranty or any other undertaking in this Agreement.
3.5 If at any time a Party becomes aware that a representation or warranty given by it under Clause 3.1 or 3.2 has been breached, is untrue or is misleading, it shall immediately notify the other Party of the relevant occurrence in sufficient detail to enable the other Party to make an accurate assessment of the situation.
3.6 For the avoidance of doubt, the fact that any provision within this Agreement is expressed as a warranty shall not preclude any right of termination which the Authority may have in respect of breach of that provision by the Contractor for the purpose of providing the Services and/or delivered Supplier.
3.7 Except as expressly stated in this Agreement, all warranties and conditions whether express or implied by statute, common law or otherwise are hereby excluded to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;extent permitted by Law.
Appears in 3 contracts
Samples: Services Agreement, Model Services Contract, Model Services Contract
Warranties. 8.1 The Contractor warrants, represents Assignor hereby warrants and undertakes covenants that (i) except for the duration rights and interests of the Contract Period that:
a) it has full capacity and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and perform its obligations Airport Lessor under the Contract Lease, Assignor is now the sole owner of all rights and that the Contract is executed by a duly authorised representative of the Contractor;
b) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights interests in and to the Intellectual Property Rights Assigned Premises, (ii) the Lease[, as it relates to the Assigned Premises,] is in full force and effect, (iii) Assignor has complied with all materials used terms and provisions of the Lease [as it relates to the Assigned Premises] and same is not currently in default and Assignor knows of no condition which with the passage of time or giving of notice might constitute a default under the Lease by any party, and (iv) the Contractor Assigned Premises and the Lease [, insofar as it relates to the Assigned Premises,] are free from all liens and encumbrances. A copy of the Lease (and all amendments thereto) are attached as Annex 2. Subject to the foregoing, Assignee accepts the Assigned Premises and equipment thereon “AS IS” and acknowledges that there is, with respect to the Assigned Premises and equipment thereon, NO WARRANTY, REPRESENTATION, OR CONDITION OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING THE WARRANTY OF MERCHANTABILITY OR OF FITNESS FOR A PARTICULAR PURPOSE, and that none shall be implied by law. Except as stated in this Agreement, Assignee acknowledges that Assignor has made no representations with respect to the Assigned Premises or equipment. Final determination of the suitability of the Assigned Premises or equipment for the purpose use contemplated by Assignee is the sole responsibility of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements Assignee, and representations Assignor shall have no responsibility in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any connection with such statement or representation to be false or misleading;suitability.
Appears in 3 contracts
Samples: Capacity Purchase Agreement (Republic Airways Holdings Inc), Capacity Purchase Agreement (Republic Airways Holdings Inc), Capacity Purchase Agreement (Pinnacle Airlines Corp)
Warranties. 8.1 The Contractor warrants, represents and undertakes for the duration of the Contract Period that:
a) it has full capacity and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and perform its obligations under the Contract and that the Contract is executed by a duly authorised representative of the Contractor;
b) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s Contractor’s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; .
i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender Authority’s project document and supporting Activity Based Budget are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;; j) NOT USED.
Appears in 3 contracts
Samples: Contract for the Provision and Installation of a Mid Life Enhancement, Contract for Due Diligence Services, Contract for the Provision of Services
Warranties. 8.1 The Contractor warrants, represents 16.1 You warrant and undertakes for the duration of the Contract Period agree that:
(a) it has full capacity there are no legal restrictions preventing you from entering into this Agreement;
(b) you are not and authority have not been the subject of an Insolvency Event;
(c) you will cooperate with us and provide us with all assistance, resources, data, people, information, facilities, access and documentation that is reasonably necessary consents to enable us to perform the Services and as otherwise requested by us, from time to time, and in a timely manner;
(including where its procedures so required) all information and documentation that you provide to us in connection with this Agreement is true, the consent of its parent company) to enter into correct and perform its obligations under the Contract complete and that we will rely on such information and documentation in order to provide the Contract is executed by a duly authorised representative of the ContractorServices;
b) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
(e) no proceedings you have not relied on any representations or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer warranties made by us in relation to any the Services (including as to whether the Services are or will be fit or suitable for your particular purposes), unless expressly stipulated in this Agreement;
(f) you will inform us if you have reasonable concerns relating to our provision of the Contractor‟s assets or revenueServices under this Agreement, with the aim that the Parties will use all reasonable efforts to resolve your concerns;
f(g) it has you are responsible for obtaining, and providing to us in a timely manner, any consents, licences, authorities and permissions from third parties necessary for the Services to be provided in accordance with this Agreement, at your cost;
(h) the Services are provided to you solely for your benefit and you will not (or you will not attempt to) disclose, or provide access to, our Services to third parties without prior written consent;
(i) you will be responsible for the use of any part of the Services, and you must ensure that no person uses any part of the Services to break any Law or infringe any person’s rights (including Intellectual Property Rights) or in any way that damages, interferes with or interrupts the supply of the Services;
(j) you have reviewed this Agreement, including our Privacy Policy, and you understand them and will continue use the Services in accordance with them;
(k) you have the authority to hold act on behalf of any person or entity for whom you are using the Services and you are deemed to have agreed to this Agreement on behalf of any entity for whom you use the Services; and
(l) you have all necessary (if any) regulatory approvals from the Regulatory Bodies hardware, software and services which are necessary to perform access and use the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to Services, including any required operating systems as set out on the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;Site.
Appears in 3 contracts
Samples: Terms and Conditions, Terms and Conditions, Terms and Conditions
Warranties. 8.1 The Contractor warrantsYou make the following representations and warranties and agree to indemnify and hold us, represents and undertakes for each Fund, harmless against every loss, cost, damage or expense (including reasonable attorney's fees and expenses) incurred by us as a result of your breach of such representations and warranties:
(a) You are either (i) registered as a broker-dealer under the duration 1934 Act, and are licensed and qualified as a broker-dealer or otherwise authorized to offer and sell Shares under the laws of the Contract Period that:jurisdictions in which the Shares will be offered and sold by you or (ii) you are a Bank;
a(b) it has full capacity If you are registered as a broker-dealer under the 1934 Act, you are a member in good standing with the NASD and authority agree to maintain such membership in good standing;
(c) In selling Shares you will comply with all applicable laws, rules and all necessary consents (regulations, including where its procedures so requirethe applicable provisions of the Securities Act of 1933, as amended, the consent 1934 Act, and the 1940 Act, the applicable rules and regulations of its parent companythe NASD, any applicable banking laws, rules and regulations, and the applicable rules and regulations of the jurisdictions in which you sell any Shares directly or indirectly;
(d) You will offer to enter into and perform its obligations sell Shares only to purchasers meeting the applicable eligibility requirements set forth in the Prospectus;
(e) You agree not to offer for sale or sell Shares in any jurisdictions in which Shares are not qualified for sale or in which you are not qualified under the Contract laws, rules and regulations of the jurisdiction to sell the Shares. We will inform you as to the states in which shares of the Funds have been qualified for sale under, or are exempt from the requirements of, applicable state securities laws;
(f) If you are a Bank, you are not in violation of any banking law, rule or regulations as to which you are subject and that the Contract is executed transactions contemplated by this Agreement will not result in any violations of any banking law, rule or regulation; and
(g) If you are a duly authorised representative Bank, you will not make shares of the Contractor;
b) as at the Commencement Dateany Fund available to your customers, including your fiduciary customers, or accept any fees or compensation hereunder except in compliance with all information contained in the Tender remains truefederal and state laws, accurate rules and not misleadingregulations of regulatory agencies or authorities applicable to you, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets your affiliates engaging in such activity, including without limitation ERISA and regulated rules, regulations and interpretations, which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;affect your business practices.
Appears in 3 contracts
Samples: Selected Dealer Agreement (Brinson Master Series Inc), Selected Dealer Agreement (Painewebber Pace Select Advisors Trust), Selected Dealer Agreement (Painewebber Pace Select Advisors Trust)
Warranties. 8.1 9.1 The Contractor warrants, represents and undertakes for the duration of the Contract Period Client warrants that:
a) it has the full capacity and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and perform its obligations under the Contract this agreement and that the Contract this agreement is executed by a duly authorised representative of the ContractorClient;
b) it has the authority to grant any rights to be granted to the Supplier under this agreement, including the right to provide the Software and Hardware to the Supplier as at indicated in this agreement and for the Commencement Date, all information contained same to be used in the Tender remains true, accurate provision of the Managed Services and not misleading, save as may have been specifically disclosed otherwise in writing to the Authority prior to execution of connection with this Contractagreement;
c) no claim is being asserted it will comply with and no litigationuse the Managed Services in accordance with the terms of this agreement and all applicable laws, arbitration and shall not do any act that shall infringe the rights of any third party including the publishing or administrative proceeding is presently in progress or, transmission of any materials contrary to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contractrelevant laws;
d) it is not subject owns or has obtained valid licences, consents, permissions and rights to use, and where necessary to license to the Supplier, any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform materials reasonably necessary for the fulfilment of all its obligations under this agreement, including any third-party licences and consents in respect of any Client Software; and
e) the ContractSupplier's use in the provision of the Managed Services or otherwise in connection with this agreement of any third-party materials, including any Hardware or Software supplied by the Client to the Supplier for use in the provision of the Managed Services or otherwise in connection with this agreement, shall not cause the Supplier to infringe the rights, including any Intellectual Property Rights, of any third party.
9.2 The Supplier warrants and represents that:
a) it has the full capacity and authority to enter into and perform this agreement and that this agreement is executed by a duly authorised representative of the Supplier;
b) it owns or has obtained valid licences, consents, permissions and rights to enable the Supplier to comply with this agreement and to use any of the Intellectual Property Rights necessary for the fulfilment of all its obligations under this agreement including for the Client's use and receipt of the Services, and the Supplier shall not breach the provisions of any such necessary licences, consents, permissions and rights or cause the same to be breached;
c) it will comply with all applicable laws in performing its obligations under this agreement;
d) the Client's use of any third-party materials, including any materials supplied by the Supplier to the Client, shall not cause the Client to infringe the rights, including any Intellectual Property Rights, of any third party;
e) no proceedings any software, system or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up telecommunications provided by or on behalf of the Contractor Supplier will be tested for Viruses and any identified Viruses deleted in accordance with Good Industry Practice before the date of delivery or for its dissolution use of such software, systems or for telecommunications by the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;Supplier; and
f) it has all personnel and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials sub-contractors used by the Contractor Supplier in the performance of this agreement are adequately skilled and experienced for the purpose of providing the Services and/or delivered activities they are required to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;perform.
Appears in 3 contracts
Samples: Managed Services Agreement, Managed Services Agreement, Managed Services Agreement
Warranties. 8.1 The Contractor warrants, (a) American National represents and undertakes for the duration of the Contract Period warrants to SM&R that:
a(i) it has full capacity and authority Any and all necessary consents Registration Statements required for the Contracts or the Separate Account have been filed with the Commission in the form previously delivered to SM&R and that copies of any and all amendments thereto will be forwarded to SM&R at the time that they were filed with the Commission;
(including where its procedures so requireii) The Registration Statements and any further amendments or supplements thereto will, when they become effective, conform in all material respects to the requirements of the Securities Act of 1933, the consent Investment Company Act of its parent company1940 and the rules and regulations of the Commission thereunder, and will not contain untrue statements of material facts or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading; PROVIDED, HOWEVER, that this representation and warranty shall not apply to any statements or omissions made in reliance upon and in conformity with information furnished in writing to American National by SM&R expressly for use herein;
(iii) to enter into and perform its obligations American National is validly existing as a stock life insurance company in good standing under the Contract and that the Contract is executed by a duly authorised representative laws of the ContractorState of Texas with corporate power to own its properties and conduct its business as described in the Prospectus, and has been duly qualified for the transaction of business and is in good standing under the laws of each other jurisdiction in which its owns or leases properties, or conducts any business, so as to require such qualification;
b(iv) The Contracts to be issued by the Separate Account through SM&R hereunder have been duly and validly authorized and, when issued and delivered against payment therefor as at provided herein, will be duly and validly issued and will conform to the Commencement Date, all information description of such Contracts contained in the Tender remains true, accurate Prospectuses relating thereto;
(v) Those persons who offer and not misleading, save sell the Contracts are appropriately licensed in a manner as may have been specifically disclosed in writing to comply with the Authority prior to execution state insurance laws;
(vi) The performance of this Contract;
c) no claim Agreement and the consummation of the transactions herein contemplated will not result in a breach or violation of any of the terms or provisions of, or constitute a default under, any statutes, any indenture, mortgage, deed of trust, note agreement or other agreement or instrument to which American National is being asserted and no litigationa party or by which American National is bound, arbitration American National's Charter as a stock life insurance company or administrative proceeding is presently in progress orBy-Laws, to the best or any order, rule or regulation of its knowledge and belief, pending any court or threatened against it governmental agency or body having jurisdiction over American National or any of its assets properties; and no consent, approval, authorization or order of any court or governmental agency or body is required for the consummation by American National of the transactions contemplated by this Agreement, except such as may be required under the Securities Exchange Act of 1934 or state insurance or securities laws in connection with the purchase and distribution of the Contracts by SM&R; and
(vii) There are no material legal or governmental proceedings pending to which will American National or might the Separate Account is a party or of which any property of American National or the Separate Account is the subject, other than as set forth in the Prospectus relating to the Contracts, and other than litigation incident to the kind of business conducted by American National which, if determined adversely to American National, would individually or in the aggregate have a material adverse effect on its ability the financial position, surplus or operations of American National.
(b) SM&R represents and warrants to perform its obligations under American National that:
(i) It is a broker-dealer duly registered with the ContractCommission pursuant to the Securities Exchange Act of 1934 and a member in good standing of the National Association of Securities Dealers and is in compliance with the securities laws in those states in which it conducts business as a broker- dealer;
d(ii) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations It shall permit the offer and sale of Contracts only by and through persons who are appropriately licensed under both the Contractsecurities laws and state insurance laws;
e(iii) no proceedings or other steps have been taken The performance of this Agreement and not discharged (nor, to the best of its knowledge, are threatened) for the winding up consummation of the Contractor transactions herein contemplated will not result in a breach or for its dissolution or for the appointment violation of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets terms or revenueprovisions of or constitute a default under, any statute, any indenture, mortgage, deed of trust, note agreement or other agreement or instrument to which SM&R is a party or by which SM&R is bound, the Certificate of Incorporation and By-Laws of SM&R, or any other rule or regulation of any court or governmental agency or body having jurisdiction over SM&R or its property;
f(iv) it No offering, sale or other disposition of any Contracts will be made until SM&R is notified by American National that the subject Registration Statement has been declared effective and that the Contracts have been released for sale by American National; and such offering, sale or other disposition shall be limited to those jurisdictions that have approved or otherwise permit the offer and sale of the Contracts by American National.
(v) To the extent that any statements or omissions made in the Registration Statements with respect to the Contracts, or any amendment or supplement thereto are made in reliance upon and in conformity with written information furnished to American National by SM&R expressly for use therein, such Registration Statements and any amendments or supplements thereto will, when they become effective or are filed with the Commission, as the case may be, conform in all material respects to the requirements of the Securities Act of 1933 and the rules and regulations of the Commission thereunder and will continue not contain any untrue statement of a material fact or omit to hold all necessary (if any) regulatory approvals from the Regulatory Bodies state any material fact required to be stated therein or necessary to perform make the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or therein not misleading;.
Appears in 3 contracts
Samples: Distribution and Administrative Services Agreement (American National Variable Life Separate Account), Distribution and Administrative Services Agreement (American National Variable Life Separate Account), Distribution and Administrative Services Agreement (American National Variable Life Separate Account)
Warranties. 8.1 The Contractor warrants, (a) Each party represents and undertakes for warrants to the duration of the Contract Period other party that:
a1) it It has the full capacity corporate right, power and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into this Agreement and to perform the acts required of it hereunder; its obligations under the Contract and that the Contract is executed by a duly authorised representative of the Contractor;
b) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted Agreement and no litigation, arbitration or administrative proceeding is presently in progress or, to the best performance of its knowledge obligations hereunder, do not and beliefwill not violate, pending breach, or threatened against result in a default of any contract, lease, or other agreement to which it is a party or by which it is bound, any of its assets which will violations, breaches, or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely defaults could reasonably be expected to have a material adverse effect on its the ability of such party to perform its obligations under the Contracthereunder;
e2) no proceedings Its execution of this Agreement and performance of its obligations hereunder, do not and will not conflict with the articles of incorporation or by-laws (or other steps have been taken governing instruments) of such party;
3) When executed and delivered, this Agreement will constitute the legal, valid and binding obligation of such party, enforceable against it in accordance with its terms; and
4) it will comply with all then-current applicable laws, rules, and regulations in connection with the exercise of its rights and obligations under this Agreement (including, without limitation, any related to individual privacy).
(b) InfoSpace represents and warrants to Cingular that:
1) The InfoSpace Software does not discharged (norinfringe, or otherwise violate or misappropriate any copyright, patent, trade secret, or other propriety right(s) held by any third party;
2) Provided that the InfoSpace Software is operated by or on behalf of Cingular in accordance with the SES, the InfoSpace Software will perform substantially as described in the applicable Documentation;
3) The InfoSpace Software does not include or contain any timer, clock, counter, or other routine or design which causes the InfoSpace Software to be erased, or to become inoperable or otherwise incapable of being used in the best of full manner for which it was designed and licensed;
4) To its knowledge, there are no actions, suits, or proceedings, pending or threatened) for the winding up of the Contractor or for , which will have a material adverse effect on InfoSpace’s ability to fulfill its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this ContractAgreement;
g5) it Any services provided hereunder by InfoSpace will be performed in a professional manner, and with the care, skill and diligence, and in accordance with the applicable standards, currently recognized in InfoSpace’s profession or industry; and
6) The InfoSpace Software has year 2000 capability. Year 2000 capability means that the InfoSpace Software will:
(i) Read, compute, store, process, display and print data involving dates, including single century and multi-century formulas, and will continue not cause computational, display, storage or other errors resulting from the liability to have all necessary rights in accurately or correctly handle dates, including, but not limited to, year 2000 and to February 29, 2000; and
(ii) Include the Intellectual Property Rights indication of century in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements date-related user interface functionality, data fields, and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;generated code.
Appears in 3 contracts
Samples: Wireless Services Agreement (Motricity Inc), Wireless Services Agreement (Motricity Inc), Wireless Services Agreement (Motricity Inc)
Warranties. 8.1 The Contractor warrants, (a) AGL represents and undertakes for the duration of the Contract Period warrants to Distributor that:
a(i) it To the extent required by law, registration statements for each of the Contracts (“Registration Statements”) have been filed with the Commission or appropriate private placement memorandum or other offering document has full capacity been drafted;
(ii) Registration Statements and authority and any further amendments or supplements thereto will, when they become effective, conform in all necessary consents (including material respects to the requirements of the 1933 Act and, where its procedures so requireapplicable, the consent 1940 Act, and the rules and regulations of its parent companythe Commission under such Acts;
(iii) Registration Statements, private placement memorandum or other offering document and any further amendments or supplements thereto (“Offering Document”) will not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that this representation and warranty shall not apply to any statement or omission made in reliance upon and in conformity with information furnished in writing to AGL by the Distributor expressly for use therein;
(iv) AGL is validly existing as a stock life insurance company in good standing under the laws of the state of Texas, with the power (corporate or otherwise) to enter into own its properties and perform conduct its obligations business as described in the Offering Document, and has been duly qualified for the transaction of business and is in good standing under the Contract and that the Contract is executed by a duly authorised representative laws of the Contractoreach other jurisdiction, or conducts any business so as not to require such qualification;
b(v) The Contracts offered for sale by the Distributor hereunder have been duly and validly authorized and, when issued and delivered against payment therefore as at provided herein, will be duly and validly issued and will conform to the Commencement Date, all information description of such Contracts contained in the Tender remains true, accurate Offering Documents relating thereto;
(vi) Those persons who offer and not misleading, save sell the Contracts are to be appropriately licensed in a manner as may have been specifically disclosed in writing to comply with the Authority prior to execution state insurance laws;
(vii) The performance of this Contract;
c) no claim Agreement and the consummation of the transactions contemplated by this Agreement will not result in a breach or violation of any of the terms and provisions of, or constitute a default under any statute, any indenture, mortgage, deed of trust, note agreement or other agreement or instrument to which AGL is being asserted and no litigationa party or by which AGL is bound, arbitration AGL’s Charter as a stock life insurance company or administrative proceeding is presently in progress orBy-laws, to the best or any order, rule or regulation of its knowledge and belief, pending any court or threatened against it governmental agency or body having jurisdiction over AGL or any of its assets property; and no consent, approval, authorization or order of any court or governmental agency or body is required for the consummation by AGL of the transactions contemplated by this Agreement, except such as may be required under the 1933 Act, 1934 Act, 1940 Act or state insurance or securities laws in connection with the distribution of the Contracts by the Distributor; and
(viii) There are no material legal or governmental proceedings pending to which will AGL or might the Separate Accounts is a party or of which any property of AGL or the Separate Accounts is the subject, other than as set forth in the Offering Document relating to the Contracts, and other than litigation incident to the kind of business conducted by AGL, if determined adversely to AGL, would individually or in the aggregate have a material adverse effect on its ability the financial position, surplus or operations of AGL.
(b) The Distributor represents and warrants to perform its obligations under AGL that:
(i) It is a broker-dealer duly registered with the ContractCommission pursuant to the 1934 Act and a member in good standing of FINRA, and is in compliance with the securities laws in those states in which it conducts business as a broker-dealer;
d(ii) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under The performance of this Agreement and the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up consummation of the Contractor transactions herein contemplated will not result in a breach or for its dissolution or for the appointment violation of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets terms or revenue;provisions of or constitute a default under any statute, any indenture, mortgage, deed of trust, note agreement or other agreement or instrument to which the Distributor is a party or by which the Distributor is bound, the Certificate of Incorporation or By-laws of the Distributor, or any order, rule or regulation of any court or governmental agency or body having jurisdiction over the Distributor or its property; and
f(iii) it has To the extent that any statements or omissions made in the Offering Document are made in reliance upon and in conformity with written information furnished to AGL by the Distributor expressly for use therein, such Offering Documents will, when they become effective or are filed with the Commission, as the case may be, conform in all material respects to applicable requirements of the 1933 Act and the rules and regulations of the Commission thereunder and will continue not contain any untrue statement of a material fact or omit to hold all necessary (if any) regulatory approvals from the Regulatory Bodies state any material fact required to be stated therein or necessary to perform make the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or therein not misleading;.
Appears in 3 contracts
Samples: Distribution Agreement (Agl Separate Account Vl-R), Distribution Agreement (Variable Separate Account), Distribution Agreement (Variable Annuity Account Seven)
Warranties. 8.1 (a) The Contractor warrants, Company represents and undertakes for the duration of the Contract Period warrants to Principal Underwriter that:
a(i) it has full capacity Registration Statements (on Form N-4 and authority S-1) for each of the Contracts identified in Attachment A have been filed with the Commission in the form previously delivered to Principal Underwriter and that copies of any and all amendments thereto will be forwarded to Principal Underwriter at the time that they are filed with Commission;
(ii) The Registration Statements and any further amendments or supplements thereto will, when they become effective, conform in all material respects to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, and the rules and regulations of the Commission under such Acts, and will not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary consents to make the statements therein not misleading; provided, however, that this representation and warranty shall not apply to any statement or omission made in reliance upon and in conformity with information furnished in writing to Company by Principal Underwriter expressly for use therein;
(including where its procedures so require, the consent of its parent companyiii) to enter into and perform its obligations The Company is validly existing as a stock life insurance company in good standing under the Contract and that the Contract is executed by a duly authorised representative laws of the ContractorState of Illinois, with power to own its properties and conduct its business as described in the Prospectus, and has been duly qualified for the transaction of business and is in good standing under the laws of each other jurisdiction in which it owns or leases properties, or conducts any business;
b(iv) The Contracts to be issued by the Company and through the Separate Account and offered for sale by Principal Underwriter on behalf of the Company hereunder have been duly and validly authorized and, when issued and delivered with payment therefore as at provided herein, will be duly and validly issued and will conform to the Commencement Date, all information description of such Contracts contained in the Tender remains true, accurate Prospectuses relating thereto;
(v) Those persons who offer and not misleading, save as may have been specifically disclosed in writing sell the Contracts are to be appropriately licensed or appointed to comply with the Authority prior to execution state insurance laws;
(vi) The performance of this Contract;
c) no claim Agreement and the consummation of the transactions contemplated by this Agreement will not result in a violation of any of the provisions of or default under any statute, indenture, mortgage, deed of trust, note agreement or other agreement or instrument to which Company is being asserted and no litigationa party or by which Company is bound (including Company's Charter or By-laws as a stock life insurance company, arbitration or administrative proceeding is presently in progress orany order, to the best rule or regulation of its knowledge and belief, pending any court or threatened against it governmental agency or body having jurisdiction over Company or any of its assets properties);
(vii) There is no consent, approval, authorization or order of any court or governmental agency or body required for the consummation by Company of the transactions contemplated by this Agreement, except such as may be required under the Securities Exchange Act of 1934 or state insurance or securities laws in connection with the distribution of the Contracts; and
(viii) There are no material legal or governmental proceedings pending to which will Company or might the Separate Account is a party or of which any property of Company or the Separate Account is the subject (other than as set forth in the Prospectus relating to the Contracts, or litigation incidental to the kind of business conducted by the Company) which, if determined adversely to Company, would individually or in the aggregate have a material adverse effect on its ability the financial position, surplus or operations of Company.
(b) Principal Underwriter represents and warrants to perform its obligations Company that:
(i) It is a broker-dealer duly registered with the Commission pursuant to the Securities Exchange Act of 1934, is a member in good standing of the NASD, and is in compliance with the securities laws in those states in which it conducts business as a broker-dealer;
(ii) As a principal underwriter, it shall permit the offer and sale of Contracts to the public only by and through persons who are appropriately licensed under the Contractsecurities laws and who are appointed in writing by the Company to be authorized insurance agents unless such persons are exempt from licensing and appointment requirements;
d(iii) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under The performance of this Agreement and the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up consummation of the Contractor transactions herein contemplated will not result in a breach or for its dissolution or for the appointment violation of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets terms or revenue;provisions of or constitute a default under any statute, indenture, mortgage, deed of trust, note agreement or other agreement or instrument to which Principal Underwriter is a party or by which Principal Underwriter is bound (including the Certificate of Incorporation or By-laws of Principal Underwriter or any order, rule or regulation of any court or governmental agency or body having jurisdiction over either Principal Underwriter or its property); and
f(iv) it has To the extent that any statements made in the Registration Statements, or any amendments or supplements thereto, are made in reliance upon and in conformity with written information furnished to Company by Principal Underwriter expressly for use therein, such statements will, when they become effective or are filed with the Commission, as the case may be, conform in all material respects to the requirements of the Securities Act of 1933 and the rules and regulations of the Commission thereunder, and will continue not contain any untrue statement of a material fact or omit to hold all necessary (if any) regulatory approvals from the Regulatory Bodies state any material fact required to be stated therein or necessary to perform make the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or therein not misleading;.
Appears in 3 contracts
Samples: Underwriting Agreement (Allstate Life Insurance Co), Underwriting Agreement (Allstate Life Insurance Co), Underwriting Agreement (Allstate Life Insurance Co)
Warranties. 8.1 The Contractor warrants, represents Company and undertakes for the duration of Founder(s) hereby warrant to the Contract Period Subscriber that:
: (a) it has the Company is a company duly formed, validly existing and in good standing under the laws of England and Wales, with full capacity corporate power and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and perform its obligations under the Contract and that the Contract is executed by a duly authorised representative of the Contractor;
this agreement; (b) as at the Commencement Date, all information contained in Company has full power and authority to consummate the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
transactions contemplated hereunder; (c) no claim consents, authorisations or approvals of any kind of any governmental authority or other third party are required in connection with the execution or performance of this agreement by the Company; (d) the consummation of the transactions contemplated hereunder and the performance of this agreement by the Company do not violate the provisions of the Articles of Association of the Company, or any applicable law, and will not result in any breach of, or constitute a default under, any note or instrument to which the Company is being asserted a party or by which it is bound; (e) the execution and performance of this agreement by the Company and the Founder(s) has been duly authorised by all necessary actions, and this agreement has been duly executed and delivered by the Company and the Founder(s); (f) there is no litigationaction, arbitration suit, proceeding or administrative proceeding is presently in progress investigation commenced, pending or, to the best knowledge of the Company and the Founder(s) after due inquiry, threatened against the Company; (g) so far as the Company and the Founder(s) are aware, the operations of the Company and any products or services supplied by them do not use or infringe the rights of any person or infringe any right of privacy and there are not any claims or applications for registration which might be material for disclosure to the Subscriber as a potential shareholder of the Company; and (h) all intellectual property which is or is reasonably likely to be material to the business of the Company is (or in the case of application will be) legally and beneficially vested exclusively in the Company or is licensed to the Company by third parties by way of an agreement and/or license which enable the Company to use such intellectual property as it requires in the ordinary course of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;business.
Appears in 3 contracts
Samples: Advance Subscription Agreement, Advance Subscription Agreement, Advance Subscription Agreement
Warranties. 8.1 The Contractor warrants, 15.1 Each Party represents and undertakes for warrants to the duration other Party as of the Contract Period thatEffective Date:
(a) it has full capacity all requisite corporate power and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into this Agreement and to perform its obligations under the Contract and that the Contract is executed by a duly authorised representative of the Contractorthis Agreement;
(b) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this ContractAgreement and the performance by such Party of its obligations hereunder have been duly authorized by all necessary corporate action on the part of such Party;
(c) this Agreement is legally binding and enforceable on such Party in accordance with its terms, subject to all limitations of bankruptcy, liquidation, reorganization, insolvency, moratorium and enforcement of creditors’ rights generally, general principles of equity (including without limitation those relating to specific performance, injunctions and other remedies);
(d) the performance of this Agreement by it does not create a breach or default under any other agreement to which it is a party;
(e) all necessary consents, approvals, and authorizations of all government authorities, Regulatory Authorities and other persons required to be obtained by such Party as of the Effective Date in connection with the execution, delivery and performance of this Agreement have been obtained;
(f) no claim is being asserted broker, finder or similar agent has been employed by or on behalf of such Party and no litigationThird Party with which such Party has had any dealings or communications of any kind is entitled to any brokerage commission, arbitration finder’s fee or administrative proceeding is presently any similar compensation, in progress connection with this Agreement;
(g) there are no pending or, to the best of its knowledge and beliefsuch Party’s knowledge, threatened judicial, administrative or arbitral actions, claims, suits or proceedings pending as of the Effective Date against such Party which, either individually or threatened against it or together with any of its assets which other, will or might have a material adverse effect on its the ability of such Party to perform its obligations under this Agreement or any agreement or instrument contemplated hereby.
15.2 UCB represents and warrants to Dermira as at the ContractEffective Date:
(a) UCB or its Affiliates owns all right, title and interest in the Patent Rights listed in Schedule 14 and has not granted to any Third Party a right which is still in force to Develop the Product in the Development Indication, or to undertake any Dermira Commercial Activities or Medical Affairs activities to be undertaken by Dermira for the Product in the Promotion Indication or Development Indication in the Promotion Territory;
(b) UCB has not granted to any Third Party any rights or licenses which are still in force under the Patent Rights listed in Schedule 14 or licensed under the Third Party Licenses, or under the Cimzia® Trademarks, or with respect to the Product and/or the UCB Background IP, that would conflict with the licenses granted to Dermira under this Agreement or rights of Dermira under Section 12, or constitute a grant of present or future right to such Third Party to Develop the Product in the Development Indication in the Development Territory, or to conduct the Dermira Commercial Activities or Medical Affairs activities in the Promotion Territory;
(c) there is no judgment by a court of competent jurisdiction against UCB with respect to patent infringement of the Patent Rights licensed by UCB to Dermira pursuant to Section 14 or misappropiration of a trade secret relating to the Product that would affect the Development of the Product in the Current Presentation in the Development Indication in the Development Territory, or the Commercialisation of the Product in the Current Presentation in the Promotion Indication or the Development Indication in the Promotion Territory;
(d) it [*] there are no existing or threatened claims or litigation with respect to patent infringement or misappropriation of a trade secret that would affect the Development of the Product in the Current Presentation in the Development Indication in the Development Territory, or the Commercialisation of the Product in the Promotion Indication or the Development Indication in the Promotion Territory. [*];
(e) [*] the Development of the Product in the Current Presentation in the Development Indication, and the sale and promotion of the Product in the Current Presentation in the Promotion Territory in the Development Indication and in the Promotion Indication, will not infringe an issued and unexpired Patent, which has not been held invalid or unenforceable, of any Third Party. [*];
(f) [*], UCB has not failed to disclose or otherwise make available to Dermira any available information concerning the quality, toxicity, safety and/or efficacy of the Product in the Current Presentation which would materially impair the utility and/or safety of the Product;
(g) UCB (i) has not received notice of breach of any the Third Party Licenses;(ii) is not subject aware of any fact or circumstance that would prohibit the grant of sublicenses to Dermira under the Third Party Licenses as required for Dermira to perform its activities contemplated under this Agreement; and (iii) in each instance in which the license granted by UCB to Dermira under this Agreement constitutes a sublicense under any Third Party Licence, has complied and/or will comply with its obligations under such Third Party Licence in connection with the grant of such sublicence; and
(h) there is no Third Party claim or demand, litigation or proceeding which is pending or, to the knowledge of UCB, threatened, that challenges the validity, patentability or enforceability of any Patent Rights listed in Schedule 14.
15.3 Dermira represents and warrants to UCB as at the Effective Date that:
(a) neither Dermira nor any of its Affiliates is Developing or Commercialising a Competing Product in the Promotion Territory or the Development Territory;
(b) Dermira has not granted to any contractual obligationThird Party any rights or licenses which are still in force under the Dermira Background IP that would conflict with the licenses granted to UCB under this Agreement or rights of UCB under Section 12, compliance or constitute a grant of present or future right to such Third Party inconsistent with which is likely such rights granted by Dermira to have a material adverse effect on its UCB; and
(c) there are no pending or threatened judicial, administrative or arbitral actions, claims, suits or proceedings which, either individually or together with any other, would adversely affect Dermira’s ability to perform its Development or Commercialisation obligations or any other obligation of Dermira under this Agreement, or any agreement entered into pursuant to this Agreement; and
(d) Dermira makes no representation or warranty that the ContractDermira Background IP is valid, or that any Patent Rights within the Dermira Background IP that are patent applications will result in granted Patent Rights.
15.4 For the sake of clarity, except as expressly set forth in Section 15.2, UCB makes no representation or warranty that:
(a) the Product is safe or efficacious;
(b) [*];
(c) the UCB Background IP is valid;
(d) any Patent Rights within the UCB Background IP that are patent applications will result in granted Patent Rights; or
(e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to the Product, any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor particular Product Labeling for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations Product in the Contractor's Response to Promotion Indication or any Product Labeling or Regulatory Approval in Development Indication will be obtained anywhere in the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;Territory.
Appears in 2 contracts
Samples: Development and Commercialisation Agreement (Dermira, Inc.), Development and Commercialisation Agreement (Dermira, Inc.)
Warranties. 8.1 The Contractor warrants, represents and undertakes for the duration Each of the Contract Period thatSellers hereby severally (and not jointly nor jointly and severally) warrants to the Buyer and the Guarantor, on an individual basis, in respect of himself or itself only:
a(A) that it or he is the legal and beneficial owner of (or otherwise has full power to sell and transfer to the Buyer pursuant to this Agreement full legal and beneficial ownership of) the Shares shown as held by him in Schedule 1 and that each of such Shares is and when sold on Closing will be free from Encumbrances;
(B) that he or it has all requisite power, authority and legal capacity to execute and deliver this Agreement and each of the Transaction Documents to which he or it is or will be a party, and in the case of a Seller which is stated herein to be a trust, body corporate or limited partnership, that it is duly constituted as such and has full capacity power and authority and (except for those set forth in the Conditions) has made all required registrations, declarations, notifications or filings with or to any court or governmental or administrative authority and has obtained all necessary consents (including where its procedures so requireconsents, the consent of its parent company) waivers, licences and corporate, regulatory and other approvals to enter into and perform its obligations under this Agreement and the Contract other Transaction Documents to which it is or is to become party;
(C) this Agreement and that the Contract is Transaction Documents executed by a duly authorised representative of the Contractor;
b) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may that Seller have been specifically disclosed in writing duly authorised, executed and delivered (and, with respect to any Transaction Documents that are to be executed after the Authority prior to execution date of this Contract;Agreement, such Transaction Documents will have been duly executed and delivered) by that Seller and, assuming the due authorisation, execution and delivery by the other parties thereto, constitute (and, with respect to any Transaction Documents that are to be executed after the date of this Agreement, will constitute) legal, valid and binding obligations of that Seller, enforceable against that Seller in accordance with their terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganisation, moratorium and other similar Laws of general applicability relating to or affecting creditors’ rights generally and by the application of general principles of equity; and
c(D) no claim the execution and delivery of this Agreement and the Transaction Documents to which that Seller is being asserted or will be a party by that Seller and no litigationthe performance of and compliance with their terms and provisions will not conflict with or result in a breach of, arbitration or administrative proceeding constitute a default under, (i) the Organizational Documents of that Seller (if that Seller is presently in progress ornot a natural person), (ii) any agreement or instrument to the best of its knowledge and beliefwhich any such person is a party or by which it or he is bound, pending or threatened against it (iii) any Law that applies to or binds such Seller or any of its assets which or his property, in any such case (with respect to (ii) and (iii)) in a manner that will or might have a material adverse effect on its materially and adversely affect the ability of the Seller concerned to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best terms of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;Agreement.
Appears in 2 contracts
Samples: Share Purchase Agreement (Nord Anglia Education, Inc.), Share Purchase Agreement (Nord Anglia Education, Inc.)
Warranties. 8.1 7.1 The Contractor warrants, Company represents and undertakes for warrants to the duration of the Contract Period Trust that:
(a) it It has full capacity and the requisite authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into this Agreement;
(b) It has the full power and perform authority to assume all of its obligations under this Agreement;
(c) No consent, approval, authorisation, or order of any court or governmental agency or body is required for the Contract consummation of the transactions contemplated by this Agreement; and
(d) The execution, delivery, and performance of this Agreement will not result in a breach or violation of, or constitute a default under, any statue, regulation, or other law or agreement or instrument to which it is a party or by which it is bound, or any order, rule or regulation of any court or governmental agency of body having jurisdiction over it or any of its properties.
(e) to the best of the Group’s actual knowledge, information and belief that, on the Effective Date and on the date of any Advance, each of the statements below are true and accurate in all respects, subject to matters fairly and accurately disclosed in the Disclosure Letter or otherwise through information disclosed in writing or by email to the Trust prior to the date of the relevant Disclosure Letter):
(i) all facts and information reasonably believed by the Group to be material for disclosure to the Trust in connection with the grant of the Award (including in relation to the Company and/or Group) have been fairly and accurately disclosed to the Trust in writing, by email or in the Disclosure Letter;
(ii) the Company is the sole legal and beneficial owner and, where registered, the sole registered proprietor of all the Background IPRs and Project IPRs free from all Encumbrances;
(iii) no material Third Party IPRs are required for the Project and/or Exploitation of the Exploitation IPRs;
(iv) all agreements, arrangements and obligations relating to material licensed-in IPRs are in writing, valid and in force and have not been the subject of any breach or default by any party or of any event which, with the giving of notice or lapse of time, would constitute a default and no notice has been given by any relevant party to terminate any of them; GIXXX XUILDING 210 XXXXXX XXXX XXXXXX XX0 0XX XX 29 T +40 (0)00 0000 0000 X +40 (0)00 0000 0000 XWX.XXXXXXXX.XX.XX REGISTERED CHARITY NO. 210183 TRUSTEE: THE WELLCOME TRUST LIMITED REGISTERED IN ENGLAND NO. 2711000 REGISTERED OFFICE: 210 XXXXXX XXXX XXXXXX XX0 0XX TA 09/11 FULL APPLICATION FOR A Translation Award
(v) the Company and all counterparties have complied with their respective obligations under all agreements, arrangements and obligations relating to any material licensed-in IPRs, and no disputes or claims are pending or threatened in respect of any of them;
(vi) there are no grounds for invalidity, termination, avoidance or repudiation of any agreements, arrangements or obligations in respect of any material licensed-in IPRs;
(vii) no Third Party has given notice of its intention to terminate, or has sought to repudiate or disclaim any agreement, arrangement or obligation in respect of any material licensed-in IPRs;
(viii) the Background IPRs and Project IPRs created pursuant to the SDD Project are not subject to any pending or threatened claims, challenges or proceedings save for examinations of the applications by patent offices;
(ix) no Third Party has made unauthorised use of any Background IPRs and/or Project IPRs nor threatened to do so; and
(x) the Company has not received notice of any allegation that the activities of the Company in relation to the Background IPRs infringe, any Third Party IPRs and the Company is not in receipt of actual knowledge that the activities of the Company in relation to the Background IPRs infringe any Third Party IPRs.
7.2 The Company acknowledges that the Company has given the Warranties with the intention of inducing the Trust to enter into this Agreement and, as the case may be, to the make the Advances on the achievement of each of the Milestones and that the Contract is executed by a duly authorised representative Trust has been induced to enter into this Agreement and make available the Award on the basis of and in full reliance on them.
7.3 Each of the Contractor;Warranties shall be construed as a separate and independent warranty and (save where expressly provided to the contrary) shall not be limited or restricted by reference to or inference from any other term of this Agreement or other Warranty save for the Disclosure Letter. GIXXX XUILDING 210 XXXXXX XXXX XXXXXX XX0 0XX XX 30 T +40 (0)00 0000 0000 X +40 (0)00 0000 0000 XWX.XXXXXXXX.XX.XX REGISTERED CHARITY NO. 210183 TRUSTEE: THE WELLCOME TRUST LIMITED REGISTERED IN ENGLAND NO. 2711000 REGISTERED OFFICE: 210 XXXXXX XXXX XXXXXX XX0 0XX TA 09/11 FULL APPLICATION FOR A Translation Award
b) as at the Commencement Date, all information contained 7.4 Where any statement in the Tender remains trueWarranties is qualified by reference to the knowledge, accurate and not misleadingawareness or belief of the Company and/or Group, save as may have been specifically the Company and/or Group shall be deemed to be aware of all matters of which it had actual knowledge.
7.5 The Company will immediately cause to be disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigationTrust any fact, arbitration or administrative proceeding is presently in progress ormatters, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings circumstances or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation information which may become known to any of them which is a breach of or can reasonably be expected to be, or be likely to cause, a breach of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;Warranties.
Appears in 2 contracts
Samples: Translation Award Funding Agreement (Summit Therapeutics PLC), Translation Award Funding Agreement (Summit Corp PLC)
Warranties. 8.1 The Contractor warrants, Service Provider hereby represents and undertakes for the duration of the Contract Period that:
a) it warrants to SARS that- this Agreement has full capacity been duly authorised and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and perform its obligations under the Contract and that the Contract is executed by it and constitutes a duly authorised representative legal, valid and binding set of the Contractor;
b) obligations on it; it is acting as at the Commencement Date, all information contained in the Tender remains true, accurate principal and not misleading, save as may have been specifically disclosed in writing to an agent of an undisclosed principal; the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigationAgreement does not constitute a violation of any statute, arbitration judgment, order, decree or administrative proceeding is presently in progress orregulation or rule of any court, competent authority or arbitrator or competent jurisdiction applicable or relating to the best Service Provider, its assets or its business, or its memorandum of its knowledge and beliefincorporation or any other documents or any binding obligation, pending contract or threatened against agreement to which it is a party or by which it or any of its assets which are bound; it has the necessary resources, skills, and capacity and to render the Services to SARS in a diligent manner; it will provide the Services in a cost-effective and expedient manner, thereby ensuring that no unnecessary or might have extraordinary costs are incurred and passed on to SARS; it has the capacity to timeously deliver the Services; it has the requisite insurance contemplated in this Agreement; it shall not, in executing the Services, breach or infringe any intellectual property right of a material adverse effect on third party; no factual circumstances exist that may materially affect its ability capacity to perform its obligations under this Agreement; it, along with the Contract;
d) Key Personnel, shall at all times have, and comply with all legal requirements and with the terms and conditions of all necessary licenses, certificates, authorisations and consents required under the laws of the Republic of South Africa or under any other applicable jurisdiction for the delivery of the Services; upon delivery, the Services will be fit for the purposes intended by SARS and communicated in the RFP; and it is not subject to any contractual obligation, compliance familiar with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from comply with Applicable Law. It is expressly agreed between the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has Parties that each warranty and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used representation given by the Contractor for the purpose Service Provider in its Proposal and in this Agreement is material to this Agreement and induced SARS to conclude this Agreement. The provisions of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best this clause shall survive termination of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;this Agreement.
Appears in 2 contracts
Samples: Services Agreement, Services Agreements
Warranties. 8.1 The Contractor warrants, represents Each Collaboration Supplier warrant and undertakes for the duration of the Contract Period represent that:
a) : it has full capacity and authority and all necessary consents (including but not limited to, where its procedures so require, the consent of its parent company) to enter into and to perform its obligations under the Contract this Agreement and that the Contract this Agreement is executed by a duly authorised representative of the Contractor;
bCollaboration Supplier; and its obligations hereunder shall be performed by appropriately experienced, qualified and trained personnel with all due skill, care and diligence including but not limited to good industry practice and (without limiting the generality of this Clause 7) in accordance with its own established internal procedures. Except as at the Commencement Dateexpressly stated in this Agreement, all information contained warranties and conditions, whether express or implied by statute, common law or otherwise (including but not limited to fitness for purpose) are hereby excluded to the extent permitted by law. LIMITATION OF LIABILITY None of the parties exclude or limit their liability for death or personal injury resulting from negligence, or for any breach of any obligations implied by Section 2 of the Supply of Goods and Services Xxx 0000. Nothing in this Agreement shall exclude or limit the liability of any party in respect of fraud or fraudulent misrepresentation. Subject always to Clauses 8.1 and 8.2, the liability of the Customer to any Collaboration Suppliers for all claims (by way of indemnity or otherwise) arising whether in contract, tort (including negligence), misrepresentation (other than where made fraudulently), breach of statutory duty or otherwise under this Agreement (excluding Clause 6.4, which shall be subject to the limitations of liability set out in the Tender remains truerelevant Contract) shall be limited to [ (£ ,000)]. Subject always to Clauses 8.1 and 8.2, accurate the liability of each Collaboration Supplier for all claims (by way of indemnity or otherwise) arising whether in contract, tort (including negligence), misrepresentation (other than where made fraudulently), breach of statutory duty or otherwise under this Agreement shall be limited to [Customer to specify]. Subject always to Clauses 8.1, 8.2 and not misleading8.6 and except in respect of liability under Clause 6 (excluding Clause 6.4, save as may have been specifically disclosed in writing which shall be subject to the Authority prior limitations of liability set out in the [relevant contract] [Call-Off Agreement]), in no event shall any party be liable to execution any other for: indirect loss or damage; special loss or damage; consequential loss or damage; loss of profits (whether direct or indirect); loss of turnover (whether direct or indirect); loss of business opportunities (whether direct or indirect); and/or damage to goodwill (whether direct or indirect). Subject always to Clauses 8.1 and 8.2, the provisions of Clause 8.5 shall not be taken as limiting the right of the Customer to amongst other things, recover as a direct loss any: additional operational and/or administrative costs and expenses arising from a Collaboration Supplier’s Default; and/or wasted expenditure or charges rendered unnecessary and/or incurred by the Customer arising from a Collaboration Supplier's Default. DISPUTE RESOLUTION PROCEDURE All disputes between any of the parties arising out of or relating to this Contract;
c) no claim is being asserted and no litigationAgreement shall be referred, arbitration or administrative proceeding is presently by any party involved in progress orthe dispute, to the best representatives of its knowledge the parties specified in the Detailed Collaboration Plan. If the dispute cannot be resolved by the parties' representatives nominated under Clause 9.1 within a maximum of five (5) Working Days (or such other time as otherwise agreed in writing by the parties) after it has been referred to them under Clause 9.1, then except where a party seeks urgent injunctive relief, the parties shall refer it to mediation pursuant to the procedure set out in Clause 9.3 unless the Customer considers (acting reasonably and belief, pending or threatened against it or considering any of its assets which will or might have a material adverse effect on its ability objections to perform its obligations under mediation raised by the Contract;
dother parties) it that the dispute is not subject suitable for resolution by mediation. The procedure for mediation and consequential provisions relating to any contractual obligationmediation are as follows: a neutral adviser or mediator (the “Mediator”) shall be chosen by agreement between the parties or, compliance with which is likely if they are unable to have agree upon a material adverse effect on its ability to perform its obligations under the Contract;
eMediator within ten (10) no proceedings or other steps have been taken and not discharged (nor, Working Days after a request by one party to the best of its knowledgeother parties to appoint a Mediator or if the Mediator agreed upon is unable or unwilling to act, are threatenedany party shall within ten (10) for Working Days from the winding up date of the Contractor proposal to appoint a Mediator or for its dissolution within ten (10) Working Days of notice to the parties that he is unable or for unwilling to act, apply to the Chairman of the Law Society to appoint a Mediator; the parties shall within ten (10) Working Days of the appointment of the Mediator meet with him in order to agree a receiverprogramme for the exchange of all relevant information and the structure to be adopted for negotiations to be held; unless otherwise agreed by the parties in writing, administrative receiverall negotiations connected with the dispute and any settlement agreement relating to it shall be conducted in confidence and without prejudice to the rights of the parties in any future proceedings; if the parties reach agreement on the resolution of the dispute, liquidatorthe agreement shall be reduced to writing and shall be binding on the parties once it is signed by their duly authorised representatives; failing agreement, manager, administrator or similar officer in relation to any of the Contractor‟s assets parties may invite the Mediator to provide a non-binding but informative opinion in writing. Such an opinion shall be provided on a without prejudice basis and shall not be used in evidence in any proceedings relating to this Agreement without the prior written consent of all the parties; and if the parties fail to reach agreement in the structured negotiations within twenty (20) Working Days of the Mediator being appointed, or revenue;
f) it has and will such longer period as may be agreed by the parties, then any dispute or difference between them may be referred to the courts. The parties must continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's their respective obligations under this Contract;
g) it has Agreement and will continue to have all necessary rights in and to under their respective Contracts pending the Intellectual Property Rights in all materials used by the Contractor for the purpose resolution of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;a dispute.
Appears in 2 contracts
Warranties. 8.1 A3.1 The Contractor warrants, Authority represents and undertakes for the duration of the Contract Period warrants that:
(a) it has full capacity and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and to perform this Agreement;
(b) this Agreement is executed by its duly authorised representative;
(c) there are no actions, suits or proceedings or regulatory investigations before any court or administrative body or arbitration tribunal pending or, to its knowledge, threatened against it that might affect its ability to perform its obligations under this Agreement; and
(d) its obligations under this Agreement constitute its legal, valid and binding obligations, enforceable in accordance with their respective terms subject to applicable bankruptcy, reorganisation, insolvency, moratorium or similar Laws affecting creditors’ rights generally and subject, as to enforceability, to equitable principles of general application (regardless of whether enforcement is sought in a proceeding in equity or law).
A3.2 The Supplier represents and warrants that:
(a) it is validly incorporated, organised and subsisting in accordance with the Contract Laws of its place of incorporation;
(b) it has full capacity and that the Contract authority to enter into and to perform this Agreement;
(c) this Agreement is executed by a its duly authorised representative of the Contractorrepresentative;
b(d) as at the Commencement Date, it has all information contained in the Tender remains true, accurate necessary consents and not misleading, save as may have been specifically disclosed in writing regulatory approvals to the Authority prior to execution of enter into this ContractAgreement;
c(e) there are no claim is being asserted and no litigationactions, arbitration suits or proceedings or regulatory investigations before any court or administrative proceeding is presently in progress body or arbitration tribunal pending or, to the best of its knowledge and beliefknowledge, pending or threatened against it or any of its assets which will or Affiliates that might have a material adverse effect on affect its ability to perform its obligations under the Contractthis Agreement;
d(f) its execution, delivery and performance of its obligations under this Agreement will not constitute a breach of any Law or obligation applicable to it and will not cause or result in a default under any agreement by which it is bound;
(g) its obligations under this Agreement constitute its legal, valid and binding obligations, enforceable in accordance with their respective terms subject to applicable bankruptcy, reorganisation, insolvency, moratorium or similar Laws affecting creditors’ rights generally and subject, as to enforceability, to equitable principles of general application (regardless of whether enforcement is sought in a proceeding in equity or law);
(h) all written statements and representations in any written submissions made by the Supplier as part of the procurement process, including without limitation its response to the selection questionnaire and ITT (if applicable), its tender and any other documents submitted remain true and accurate except to the extent that such statements and representations have been superseded or varied by this Agreement or to the extent that the Supplier has otherwise disclosed to the Authority in writing prior to the date of this Agreement;
(i) it has notified the Authority in writing of any Occasions of Tax Non-Compliance and any litigation in which it is involved that is in connection with any Occasion of Tax Non-Compliance;
(j) it has all necessary rights in and to the Licensed Software, the Third Party IPRs, the Supplier Background IPRs and any other materials made available by the Supplier (and/or any Sub-contractor) to the Authority which are necessary for the performance of the Supplier’s obligations under this Agreement and/or the receipt of the Services by the Authority;
(k) the Financial Model is a true and accurate reflection of the Fees and Supplier Profit Margin forecast by the Supplier and the Supplier does not have any other internal financial model in relation to the Services inconsistent with the Financial Model;
(l) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contractthis Agreement;
e(m) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor Supplier or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s Supplier’s assets or revenue;
f(n) it has and will continue within the previous twelve (12) months, no Financial Distress Events have occurred or are subsisting (or any events that would be deemed to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations be Financial Distress Events under this Contract;
gAgreement had this Agreement been in force) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender there are to the best of its knowledge, information and belief, true and accurate and currently no matters that it will advise the Authority is aware of any fact, matter that could cause a Financial Distress Event to occur or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;subsist.
Appears in 2 contracts
Samples: Commercial Agreement for Employment and Health Related Services, Commercial Agreement for the Provision of Employment and Health Related Services
Warranties. 8.1 The Contractor warrantsSeller warrants and represents to the Buyer, represents as at the date of this agreement and undertakes for the duration of the Contract Period at every moment until Completion, that:
(a) it has full capacity is the sole legal and authority and all necessary consents (including where its procedures so requirebeneficial owner of the Shares, the consent of its parent company) to enter into Shares are fully paid or credited as fully paid and perform its obligations under the Contract and that the Contract there is executed by a duly authorised representative of the Contractor;
b) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer Encumbrance in relation to any of the Contractor‟s assets or revenueShares;
f(b) it has full power to enter into and will continue perform and has obtained all corporate authorisations and all other applicable governmental, statutory, regulatory or other consents, approvals, licences, waivers or exemptions required to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary empower it to enter into and to perform the Contractor's its obligations under this Contractagreement and each document to be executed by it at or before Completion;
g(c) the Seller is an exempted company with limited liability duly organised and validly existing under the laws of the Cayman Islands and has been in continuous existence since incorporation;
(d) the Seller is not, or is not deemed to be, unable to pay its debts;
(e) no order has been served on the Seller and no resolution has been passed for the winding-up or dissolution of the Seller; the Seller is not in administration and no steps have been taken to place the Seller into administration (including the filing of any notice of intention to appoint an administrator over the Seller); the Seller is not subject to a company voluntary arrangement and no such arrangement has been proposed nor is the Seller subject to a scheme of arrangement and no such scheme has been proposed; no receiver (whether statutory or contractual) has been appointed to the Seller or any of its assets; the Seller is not in administrative receivership and has not suspended payments on any of its debts, nor entered into any compromises with any or all of its creditors; and
(f) its obligations in this agreement and the completion of the transactions contemplated hereby are enforceable in accordance with their terms.
8.2 The Buyer warrants and represents to the Seller, as at the date of this agreement and at every moment until Completion, that:
(a) it has full power to enter into and perform and has obtained all corporate authorisations and all other applicable governmental, statutory, regulatory or other consents, approvals, licences, waivers or exemptions required to empower it to enter into and to perform its obligations under this agreement and each document to be executed by it at or before Completion;
(b) the Buyer is a limited company duly organised and validly existing under the laws of its country of incorporation and has been in continuous existence since incorporation;
(c) the Buyer is not, or is not deemed to be, unable to pay its debts;
(d) no order has been served on the Buyer and no resolution has been passed for the winding-up or dissolution of the Buyer; the Buyer is not in administration and no steps have been taken to place the Buyer into administration (including the filing of any notice of intention to appoint an administrator over the Buyer); the Buyer is not subject to a company voluntary arrangement and no such arrangement has been proposed nor is the Buyer subject to a scheme of arrangement and no such scheme has been proposed; no receiver (whether statutory or contractual) has been appointed to the Buyer or any of its assets; the Buyer is not in administrative receivership and has not suspended payments on any of its debts, nor entered into any compromises with any or all of its creditors; and
(e) its obligations in this agreement and the completion of the transactions contemplated hereby are enforceable in accordance with their terms.
8.3 The Seller warrants and represents to the Buyer in the terms of the Warranties and the Seller acknowledges and confirms that the Buyer is relying upon such warranties and representations in entering into this agreement. The Warranties shall be deemed to have been repeated immediately prior to Completion by reference to the facts and circumstances then subsisting.
8.4 The Seller undertakes that it will not (and will continue procure that none of its Related Persons will) bring any claim or other action in respect of negligence or otherwise (a “Claim”) against any Group Company (or any of their respective directors, officers, employees or agents) in relation to have all necessary rights any matter arising (directly or indirectly) out of or in connection with any Transaction Document. To the extent that any such Claim exists (if any and without prejudice to the Intellectual Property Rights aforesaid), the Seller irrevocably and unconditionally waives the right to bring any Claim against or recover any sums from any Group Company (or any of their respective directors, officers, employees or agents) in all materials used by relation to any Claim. It is intended that any Group Company (or any of their respective directors, officers, employees or agents) shall be entitled to the Contractor benefit of the undertakings, releases and waivers provided for in this clause for the purpose of, inter alia, the Contracts (Rights of providing the Services and/or delivered to the Authority; hThird Parties) NOT USED; i) as at the Commencement Date all statements and representations Xxx 0000. Nothing in the Contractor's Response to the Invitation to Tender are to the best this clause shall exclude or limit liability in respect of its knowledge, information and belief, true and accurate and that it will advise the Authority a Claim arising directly out of any factstatements made fraudulently or arising as a direct result of wilful concealment by any Group Company (or any of their respective directors, matter officers, employees or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;agents).
Appears in 2 contracts
Samples: Share Purchase Agreement, Share Purchase Agreement (Willbros Group, Inc.\NEW\)
Warranties. 8.1 The Contractor warrants18.1 Company warrants that it shall use its reasonable and diligent efforts to comply with all laws applicable to the purchase, storage, transport, labeling, distribution or commercialization by it of Products, shall comply with the U.S. Export Administration laws and regulations and shall not export or re-export any technical data or Intellectual Property, or the direct products of such technical data or Intellectual Property, or Products to any prohibited country listed in the U.S. Export Administration Regulations unless properly authorized to do so by the U.S. government.
18.2 Licensor represents and undertakes for warrants to Company that the duration following statements are true and accurate in all material respects as follows:
(a) It has sufficient right and title to and ownership of, and is sufficiently free and clear of all liens, claims and encumbrances of any nature on, the Intellectual Property to grant to Company the various rights and licenses granted to Company under this Agreement;
(b) It has not done, will not do nor agree to do during the term of this Agreement, any of the Contract Period that:
a) following things if to do so would be materially inconsistent with the exercise by Company of the rights granted to it has full capacity and authority and all necessary consents (under this Agreement, including where its procedures so requireassign, mortgage, hypothecate, or otherwise transfer any of the Intellectual Property, including without limitation, the consent Patents, or any of its parent companyrights or obligations under this Agreement;
(c) Except for standard rights granted to the United States government in connection with Small Business Innovation Research grants, no Third Party owns any rights in the Intellectual Property that would adversely affect any of the rights and licenses granted to Company under this Agreement;
(d) No Third Party owns any rights which would be infringed by the use of the Products or the exercise of Company rights under the License to the Intellectual Property in accordance with provisions of this Agreement.
(e) In the event Company consults with Licensor regarding future intended uses of the Products, Licensor shall, in good faith, disclose to Company any Third Party rights of which it is aware which might be infringed by such uses of the Products.
(f) It is duly authorized and empowered to enter into and perform its obligations under this Agreement; and the Contract execution and that the Contract is executed by a duly authorised representative of the Contractor;
b) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution performance of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is Agreement by Licensor does not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledgenot conflict with or violate any contract, information and beliefagreement, true and accurate and that it will advise the Authority indenture, mortgage, instrument, writ, judgment, or order of any factcourt, matter arbiter or circumstance of governmental or quasi-governmental body to which it may become aware Licensor is a party or by which would render any such statement or representation to be false or misleading;Licensor is bound.
Appears in 2 contracts
Samples: License Agreement (Protein Polymer Technologies Inc), License Agreement (Protein Polymer Technologies Inc)
Warranties. 8.1 The Contractor warrants11.1 DANTE warrants to the Connector as follows:
(a) DANTE is a limited liability company, represents duly organised and undertakes validly existing under the laws of England and Wales and is qualified to do business in all jurisdictions relevant to its business (domestic and foreign) in which such qualification is required by applicable law, and has the requisite authority to execute this Agreement and to perform all of its obligations hereunder;
(b) no order has been made or petition presented or resolution passed for its winding-up or for an administration order in respect of it, it is not insolvent or unable to pay its debts, and no receiver or receiver and manager has been appointed by any person of its business or assets or any part thereof and no power to make any such appointment has arisen and it has not assigned all or a substantial part of its business or assets for the duration satisfaction of creditors and there is no unfulfilled or unsatisfied judgment or court order against it;
(c) the Contract Period thatprovisions of this Agreement, in so far as they relate to DANTE, constitute valid and binding obligations on DANTE, enforceable against it in accordance with its terms; and
(d) its execution and performance of this Agreement shall not violate any applicable existing laws, regulations, rules, statutes or court orders of any applicable local, state, federal, national or supra-national agency, court or body.
11.2 The Connector warrants to DANTE as follows:
(a) it the Connector is a company duly organised and validly existing under the laws of << insert >>, is qualified to do business in all jurisdictions relevant to its business (domestic and foreign) in which such qualification is required by applicable law, and has full capacity the requisite authority to execute this Agreement and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and perform its obligations hereunder;
(b) no order has been made or petition presented or resolution passed for its winding-up or for an administration order in respect of it, it is not insolvent or unable to pay its debts, and no receiver or receiver and manager has been appointed by any person of its business or assets or any part thereof and no power to make any such appointment has arisen and it has not assigned all or a substantial part of its business or assets for the satisfaction of creditors and there is no unfulfilled or unsatisfied judgment or court order against it (or any equivalent event or circumstance under the Contract and that the Contract is executed by a duly authorised representative applicable laws of the Contractorits jurisdiction);
b(c) the provisions of this Agreement, in so far as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing they relate to the Authority prior to Connector, constitute valid and binding obligations on the Connector, enforceable against it in accordance with its terms;
(d) its execution and performance of this ContractAgreement shall not violate any applicable existing laws, regulations, rules, statutes or court orders of any applicable local, state, federal, national or supra-national agency, court or body;
c(e) there are no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress pending or, to the best knowledge of its knowledge and beliefthe Connector, pending threatened claims, actions, suits, audits, investigations or threatened proceedings by or against it or any of its assets the Connector which will or might could have a material adverse effect on its the ability of the Connector to perform its obligations under the Contractthis Agreement;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;
Appears in 2 contracts
Samples: Service Agreement, Service Agreement
Warranties. 8.1 The Contractor warrantsIn consideration of the Placing Agent entering into this Agreement and agreeing to perform its obligations hereunder, represents each of the Vendor and the Company (except in respect of matters which relate only to the Vendor on which the Company gives no warranty) hereby represents, warrants and undertakes for to the duration Placing Agent as follows:
(a) the Vendor is the beneficial owner of the Contract Period that:
a) it Placing Shares and has full capacity the necessary power and authority and has obtained all necessary consents (including where its procedures so require, to enable it to sell the consent of its parent company) to enter into Placing Shares hereunder and perform its this Agreement constitutes valid and legally binding and enforceable obligations under the Contract and that the Contract is executed by a duly authorised representative of the ContractorVendor;
(b) as at the Commencement DatePlacing Shares are fully paid up, rank pari passu in all information respects with the existing Shares in issue, include the right to receive all dividends and distributions which may be declared made or paid after the Placing Completion Date and are free and clear of all liens, encumbrances, equities or other third party rights;
(c) all statements of fact contained in the Tender remains true, Placing Announcement are true and accurate in all material respects and not misleadingmisleading in any material respect in the context of the Placing and all statements of opinion, intention or expectation of the directors of the Company in relation to the Company or any of its Subsidiaries contained therein are truly and honestly held and have been made after due and careful consideration and there is no other fact or matter omitted therefrom the omission of which would make any statement therein misleading or which is otherwise material in the context of the Placing;
(d) each member of the Group is duly incorporated and validly existing under the laws of the place of its incorporation with power to own its assets and to conduct its business in the manner presently conducted and there has been no petition filed, order made or effective resolution passed for the liquidation or winding up of any member of the Group which is material to the operations and results of the Group taken as a whole;
(e) save as may have been specifically previously disclosed by the Company to the public in writing to during the Authority prior to execution of this Contract;
c) no claim preceding twelve months, there is being asserted and no litigation, arbitration or administrative proceeding is presently other legal proceedings in progress or, or pending against any member of the Group which if decided adversely to the best relevant member of its knowledge and belief, pending the Group would have or threatened against it or any of its assets which will or might have had during the twelve months preceding the date hereof a material adverse effect on its ability to perform its obligations under the Contractfinancial position of the Group (taken as a whole) or the Company and which is material in the context of the Placing;
d(f) it save as previously disclosed by the Company to the public in writing during the preceding twelve months, the Company is not subject to in breach in any contractual obligationmaterial respect in the context of the Placing, of any rules, regulations or requirements of the Stock Exchange or any applicable law, decree, judgment, legislation, order, regulation, statute, ordinance, treaty or other legislative measure;
(g) no material outstanding indebtedness of any member of the Group has become payable or repayable by reason of any default of such member of the Group and no event has occurred which, with the lapse of time or the fulfilment of any condition or the giving of notice or the compliance with any formality, may result in such indebtedness becoming payable or repayable prior to its maturity date or in a demand being made for such indebtedness to be paid or repaid;
(h) save as previously disclosed by the Company to the public in writing during the preceding twelve months or otherwise than in the ordinary course of business, no member of the Group has entered into a material contract or commitment of an unusual or onerous nature which, in the context of the Placing, might be material for disclosure and each such company has carried on its business in the ordinary and usual course;
(i) the audited consolidated accounts of the Group for the financial year ended on the Audited Accounts Date:
(i) have been prepared on a recognised and consistent basis and in accordance with generally accepted accounting principles, standards and practice in Hong Kong;
(ii) comply in all material respects with all applicable ordinances, statutes and regulations and show a true and fair view of the state of affairs of the Group and of its results for the period in question;
(iii) are not affected by any unusual or non-recurring items and do not include transactions not normally undertaken by the relevant member of the Group (save as disclosed in the said accounts); and
(iv) make adequate provision for all taxation whether in Hong Kong or any other part of the world in respect of all accounting periods ended on or before the respective date for which is likely the relevant member of the Group was then or might at any time thereafter become or have been liable;
(j) the interim accounts of the Group for the period ended on the Interim Accounts Date:
(i) have been properly prepared and fairly present and reflect in accordance with generally accepted accounting principles, standards and practice in Hong Kong;
(ii) comply on all material aspects with all applicable ordinances, statutes and regulations and reflect a true and correct view of the state of affairs of the Group and of its results for the period in question;
(k) since the Interim Accounts Date:
(i) each member of the Group has carried on business in the ordinary and usual course in all material respects so as to have maintain it as a going concern;
(ii) each member of the Group has continued to pay its creditors in the ordinary course of business in all material respects;
(iii) there has been no material adverse change in the condition, financial or otherwise, or the earnings, business affairs or business prospects (whether or not arising in the ordinary course of business) of any member of the Group and no event has occurred which in the reasonable opinion of the Vendor or the Company may give rise to a material adverse effect on its ability to perform its obligations under change in such position in the Contractforeseeable future;
e(l) there is no proceedings order, decree or other steps have been taken and not discharged (judgment of any court or governmental agency or regulatory body outstanding or anticipated against any member of the Group nor, to the best of its the knowledge, are threatenedinformation and belief of the Vendor, having made due and careful enquiries, is there any investigation or enquiry by any governmental agency or regulatory body outstanding or anticipated against any member of the Group which may have or has had a material adverse effect upon the condition, financial or otherwise or the earnings, business affairs or business prospects (whether or not arising in the ordinary course of business) of the Group or which is material in the context of the Placing;
(m) save as publicly announced by the Company prior to the date hereof or pursuant to options granted or hereafter to be granted under the share option scheme of the Company, no person has the right (whether exercisable now or in the future and whether contingent or not) to call for the winding up allotment, conversion, issue, sale or transfer of any share or loan capital or any other security giving rise to a right over the capital of any member of the Contractor Group under any option or for its dissolution or for other agreement (including conversion rights and rights of pre-emption) and there are no encumbrances on the appointment shares of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any member of the Contractor‟s assets Group or revenue;any arrangements or obligations to create any encumbrances; and
f(n) it has the execution and will continue to hold all necessary (if any) regulatory approvals from delivery of, and the Regulatory Bodies necessary to perform performance by the Contractor's Vendor and the Company of their respective obligations under this Contract;
g) it has Agreement do not and will continue not, and this Agreement does not and will not:
(i) result in a breach in any material respect of any provision of the articles of association of any member of the Group; or
(ii) result in a breach in any material respect of, or constitute a default under, any instrument to have all necessary rights which any member of the Group is a party or by which any member of the Group or any of their respective properties is bound; or
(iii) result in a breach in any material respect of any laws to which any member of the Group are subject or by which any member of the Group or any of their respective properties are bound; or
(iv) infringe any mortgage, contract or other undertaking or instrument to which any member of the Group is a party or which is binding upon it or its assets, and does not and will not result in the creation of imposition of any encumbrance on any of its assets pursuant to the Intellectual Property Rights in provisions of any such mortgage, contract or other undertaking or instrument.
(o) each of the Vendor and the Company will promptly provide the Placing Agent, at its reasonable request, with all materials used such information known to it or which on reasonable enquiry ought to be known to it relating to the Group or the Vendor as may be required by the Contractor Placing Agent in connection with the Placing for the purpose of providing complying with any applicable law, regulation or direction (including the Services and/or delivered establishment of any defence to any action under any of the Authority; hsame, whether relating to due diligence or otherwise) NOT USED; ior any requirement of the Stock Exchange, the SFC or any other applicable regulatory body;
(p) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best Vendor shall ensure that none of its knowledgeAssociates shall purchase the Placing Shares under the Placing;
(q) the Vendor has not been, information is not and beliefshall not be at any time engage in insider dealing for the purposes of the Securities and Futures Ordinance in connection with the Placing and the related transactions entered into pursuant to this Agreement, true and accurate and that it will advise neither the Authority Vendor nor any person acting on the Vendor's behalf or under its control has taken or shall take, directly or indirectly, any action designed or which was designed, or which constitutes or has constituted or might reasonable be or have been expected to cause or result in, stabilization or manipulation of the price of any factShares or other securities of the Company; and
(r) the Vendor and the Company shall make all appropriate disclosures pursuant to, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleadingand shall comply in all respects with, the Listing Rules, the Takeovers Code, the Securities and Futures Ordinance and all other applicable laws and regulations in connection with the Placing;
Appears in 2 contracts
Samples: Contract for Placing and Subscription of Shares (China Enterprises LTD), Contract for Placing and Subscription of Shares (China Enterprises LTD)
Warranties. 8.1 The Contractor warrantsWithout prejudice to any other warranties expressed elsewhere in the Agreement or implied by law, represents and undertakes for the Provider warrants to the School that throughout the duration of the Contract Period that:
a) it Agreement: the Provider has full capacity and authority and all necessary consents (including but not limited to, where its procedures so require, the consent of its parent company) to enter into and to perform its obligations under the Contract this Agreement and that the Contract this Agreement is executed by a duly authorised representative of the Contractor;
bService Provider; the Provider shall maintain all registrations/inspections which are necessary to lawfully provide the Services under the Agreement; the Provider shall provide the Services in accordance with the Placement Form and the terms of this Agreement and with all due skill, care and diligence as may be expected of appropriately qualified and experienced persons (of a professional level if appropriate) as at with appropriate skill and experience in providing services of a similar scope, type, nature and complexity to the Commencement Date, all information contained Services; the Provider warrants that its Staff will be suitable persons to be employed in the Tender remains trueprovision of the Service which involves the provision of alternative education of such a kind as to enable the Staff to have access in the normal course of their duties to Pupils; the Provider is aware of the purposes for which the Services are required and acknowledges that the School is reliant upon the Provider's expertise and knowledge in the provision of the Services; all materials, accurate equipment and goods used or supplied by the Provider in connection with the Agreement shall be sound in quality and design and fit for their purpose and in accordance with the requirements specified in the Placement Form; any software, electronic or magnetic media, hardware or computer system used or supplied by the Service Provider in connection with the Agreement: shall be Euro Compliant; shall not misleadinghave its functionality or performance affected, save as may have been specifically disclosed be made inoperable or be more difficult to use by reason of any date related input or processing in writing or on any part of such software, electronic or magnetic media, hardware or computer system; shall not cause any damage, loss or erosion to or interfere adversely or in any way with the compilation, content or structure of any data, database, software or other electronic or magnetic media, hardware or computer system used by, for or on behalf of the School, on which it is used or with which it interfaces or comes into contact; and any variations, enhancements or actions undertaken by the Provider in respect of such software, electronic or magnetic media, hardware or computer system shall not affect the Provider’s compliance with this warranty; the Provider shall provide the Services in a safe manner and free from any unreasonable or avoidable risk to any person’s health and well-being and in an economic, effective and efficient manner; all documents, drawings, computer software and any other work prepared or developed by the Provider or supplied to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to School under the best of its knowledge and belief, pending or threatened against it Agreement shall not infringe any Intellectual Property Rights or any other legal or equitable right of its assets which will any person; the Provider and all persons (including any sub-contractors employed to provide the Services or might have a material adverse effect on its ability to perform its obligations under any part thereof) shall observe and fully comply with the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up requirements of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer Health and Safety at Work Regulations (including all amendments) in relation to any equipment or materials used to provide the Services. For the purposes of construing the warranties in Clause 16.1 reference to the Services include any part of the Contractor‟s assets Services. Each warranty shall be construed as a separate warranty and shall not be limited or revenue;
frestricted by reference to, or reference from, the terms of any other warranty or any other term of this Agreement. Without prejudice to the School’s rights (whether under this Agreement or otherwise) it has and will continue if the Provider is in breach of any of its warranties, the Provider shall, if required to hold all necessary (if any) regulatory approvals from do so by the Regulatory Bodies necessary to School, promptly re-perform the Contractor's obligations under this Contract;
g) it has and will continue Services or part of them at its own expense to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any ensure compliance with such statement or representation to be false or misleading;warranties.
Appears in 2 contracts
Samples: Placement Agreement, Placement Agreement
Warranties. 8.1 25.1 Each party warrants, represents and undertakes that:
25.1.1 it has full capacity and authority to enter into and to perform this Agreement;
25.1.2 this Agreement is executed by a duly authorised representative of that party;
25.1.3 there are no actions, suits or proceedings or regulatory investigations pending or, to that party's knowledge, threatened against or affecting that party before any court or administrative body or arbitration tribunal that might affect the ability of that party to meet and carry out its obligations under this Agreement; and
25.1.4 once duly executed this Agreement will constitute its legal, valid and binding obligations.
25.2 The Contractor Consultant warrants, represents and undertakes for the duration of the Contract Period Term that:
a) it has full capacity and authority and 25.2.1 all necessary consents (including where its procedures so require, personnel used to provide the consent of its parent company) to enter into and perform its obligations under the Contract and that the Contract is executed by a duly authorised representative of the ContractorServices will be vetted in accordance with Good Industry Practice;
b) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) 25.2.2 it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the ContractorConsultant's obligations under this ContractAgreement;
g) it has and 25.2.3 in performing its obligations under this Agreement, all software used by or on behalf of the Consultant will continue to have all necessary rights in and to the Intellectual Property Rights perform in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) material respects in accordance with its specification;
25.2.4 as at the Commencement Effective Date all statements and representations in the ContractorConsultant's Response to the Invitation to Tender ITT are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority TfGM of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;
25.2.5 all insurances procured by a Participant/Participants as part of the Services shall be portable to a new broker; and
25.2.6 it shall at all times comply with Law in carrying out its obligations under this Agreement.
25.3 Except as expressly stated in this Agreement, all warranties and conditions whether express or implied by statute, common law or otherwise are hereby excluded to the extent permitted by law.
25.4 For the avoidance of doubt the fact that any provision within this Agreement is expressed as a warranty shall not preclude any right of termination TfGM may have in respect of breach of that provision by the Consultant.
25.5 The Consultant shall execute and deliver a deed or deeds of collateral warranty in favour of any contractor appointed by TfGM to design and or construct any works in the unamended form provided at Schedule 7 and 8, or in a different form requested by TfGM at a later date, and deliver the same to TfGM. TfGM has the right to withhold any payment until these are received from the Consultant and any Sub-Consultant.
Appears in 2 contracts
Samples: Framework Agreement, Framework Agreement
Warranties. 8.1 5.1 Ortho warrants that any Products to be supplied to WFH hereunder will, upon shipment, comply in all respects with the Specifications and the specifications referred to in the Federal Food Drug and Cosmetic Act, and regulations issued pursuant to that Act, including but not limited to, regulations concerning current good manufacturing practices and the Quality System Regulations (as defined by the FDA)(the "QSR's"). The Contractor warrantsforegoing warranty shall not apply to any Products that after delivery to WFH (i) has been tampered with or otherwise altered; (ii) has been subjected to misuse, negligence or accident; or (iii) has been stored, handled or used in a manner contrary to FDA or other governmental requirements or Ortho's written instructions or applicable industry practices or standards. Subject to the first sentence of this Section 5.1 and except as otherwise expressly provided herein, ORTHO MAKES NO REPRESENTATION OR WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION ANY WARRANTY AS TO MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE OR ANY OTHER MATTER WITH RESPECT TO THE PRODUCT WHETHER USED ALONE OR IN COMBINATION WITH ANY OTHER MATERIAL. Ortho agrees to bear the direct, incremental out-of-pocket costs reasonably incurred by WFH due to the recall of any Product or seizure of any Product by appropriate governmental authorities as a result of a wrongful act or omission by Ortho, including without limitation negligence in manufacture or failure to comply with applicable regulations concerning good manufacturing practices and the QSR's. Ortho further represents and undertakes for the duration of the Contract Period that:
a) it has full capacity and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and perform its obligations under the Contract and warrants that the Contract is executed by a duly authorised representative of the Contractor;
b) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened(x) for the winding up Trademark and the Product do not infringe any patent, trademark, service mark, xxade name, copyright, trade secret or other proprietary rights (collectively, Intellectual Property") of third parties in the Territory, and (y) it is the holder of all Intellectual Property necessary to perform its obligations hereunder. Ortho further agrees to notify WFH within twenty-four hours of receipt of notice from any source of any and all adverse reactions reported to Ortho and which were alleged to have been caused by any Product or similar products, or any other issues related to the design, materials, or workmanship of the Contractor Product or similar products reported to Ortho.
5.2 WFH warrants that it will comply with all laws, regulations and orders in the United States, respecting sale of the Products. Without limiting the generality of the foregoing, WFH specifically warrants that as of the commencement of the First Contract Year and thereafter during the term of this Agreement it will have in place an effective system for tracking Products in the event a recall is necessary. WFH further agrees to use its dissolution or for reasonable best efforts in the appointment event of a receiverrecall to notify all Product purchasers of the recall and to facilitate retrieval of Products recalled. WFH further agrees to notify Ortho within twenty-four hours of receipt of
5.3 Ortho hereby agrees to protect, administrative receiverindemnify, liquidatordefend and hold harmless WFH, managerits officers, administrator directors, shareholders, Affiliates, agents and employees from and against any and all claims, demands, actions, causes of action or similar officer judgments of any kind, nature and description for injury to or death of any person or persons whomsoever, together with costs and expenses thereto, including reasonable attorneys' fees, arising out of any product liability claims to the extent that Ortho has breached its warranties set forth in relation Section 5.1 hereof.
5.4 WFH hereby agrees to protect, indemnify, defend and hold harmless Ortho, its affiliates, officers, agents and employees from and against any and all claims, demands, actions, causes of action or judgments of any kind, nature and description as a result of WFH's breach of any of its warranties contained herein and for any statement, representation or warranty made by WFH or any of its agents with respect to a Product or its use that is not first approved by Ortho in writing or that is not consistent with the statements, representations or warranties contained in the Product labeling or package insert.
5.5 Ortho and WFH agree to promptly notify each other of and cooperate with and assist each other in investigating and answering any customer and regulatory complaints and inquiries concerning any of the Contractor‟s assets Products without prejudice as to which party which might be ultimately liable or responsible therefor. In connection therewith, each party will comply with the current Ortho-McNexx Xxxplaint Procedures, as may be amended from time to time.
5.6 Except as set forth in Section 5.3 hereof, neither party shall, in any case, be liable to the other party for special, incidental or consequential damages arising from breach of warranty, breach of contract, negligence or any other legal theory. Such damages include, but are not limited to, loss of profits or revenue;, injury to business, cost of capital, cost of any substitute product, facilities or services, or claims of customers of either party for such damages.
f) it has 5.7 The parties agree that WFH shall have no liability whatsoever for claims in respect of any Products sold by Ortho and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and its Affiliates prior to the Intellectual Property Rights in date of this Agreement, including without limitation, any past or currently pending or threatened personal injury claims relating to the use of such products, and Ortho agrees to protect, indemnify, defend and hold harmless WFH, its officers, directors, shareholders, Affiliates, agents and employees from and against any and all materials used claims, demands, actions, causes of action or judgments of any kind, nature and description arising from or relating to such matters.
(a) Subject to Section 6.2(a)(vi) hereof, Ortho agrees that it shall use its reasonable best efforts to correct process revalidation issues raised by the Contractor for the purpose of providing the Services and/or delivered FDA related to the AuthorityProducts, including any reformulation of the Products if Ortho in its sole discretion determines such reformulation to be necessary; h) NOT USEDprovided that Ortho shall be responsible for all costs associated therewith; i) as at and, provided further, that Ortho shall have no obligation with respect to the Commencement Date all statements and representations taking of such corrective action pursuant to this Section 5.8 or otherwise in the Contractorevent that in the reasonable determination of Ortho the estimated cost of such corrective action would exceed $3,000,000 in the aggregate; and, provided further, that in the event of any recall or failure to supply Product which is a result of Ortho's Response breach of any representation or warranty set forth in this Agreement, the parties shall agree to use good faith efforts to renegotiate the payments to be made under Section 3.1 hereof.
(b) Each of the parties hereby agrees and acknowledges that any failure to supply Products by Ortho to WFH as a result of the process revalidation issues raised by the FDA related to the Invitation Products set forth in Section 5.8(a) above, shall not be deemed a breach of Ortho's obligation to Tender are supply Product to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter WFH pursuant to Article 2 hereof or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;otherwise.
Appears in 2 contracts
Samples: Distribution Agreement (Women First Healthcare Inc), Distribution Agreement (Women First Healthcare Inc)
Warranties. 8.1 The Contractor warrants, Assignor represents and undertakes for warrants that:-
(a) the duration Sale and Purchase Agreement and Security Documents are valid and enforceable and is in full force and effect;
(b) the Customer and/or Assignor is not in default under the Sale and Purchase Agreement and/or Security Documents;
(c) the Property is not affected by any existing agreement, mortgage, charge (whether fixed or floating), debenture, pledge, lien or any other form of encumbrance. Nor is the Assignor a party to or bound by any order, agreement or instrument under which the Assignor is, or in certain events may be, required to create, assume or permit to arise any encumbrance, other than those arising in connection with and pursuant to this Assignment;
(d) the Assignor is the beneficial owner of the Contract Period that:Property;
a(e) it there is no order of any court or other governmental agency or any provision of any existing agreement binding on the Assignor which would be contravened or breached by the execution, delivery and performance of this Assignment;
(f) no violation of any legislation, court orders and/or judgments has full capacity been committed by the Assignor;
(g) any financial statements, information and authority other data provided by the Assignor to the Bank are complete and all necessary consents (including where its procedures so requirecorrect, have been prepared in accordance with generally applied accounting principles and practices consistently applied in Malaysia and accurately and fairly represent the consent financial condition and results of its parent company) operations of the Assignor as at the date or dates to enter into and perform which they were made up. Since such date or dates, there has been no change in the Assignor’s financial condition or results of operations sufficient to impair the Assignor’s ability to comply with its obligations under this Assignment or might adversely affect the Contract and that the Contract is executed by a duly authorised representative decision of the ContractorBank to proceed with the Facility (if applicable);
b(h) as at the Commencement Date, all information contained in the Tender remains true, accurate Assignor has fully and not misleading, save as may have been specifically accurately disclosed in writing to the Authority prior Bank all facts relating to execution its business which it knows or should reasonably know and which are material for disclosure to the Bank in the context of the Facility (if applicable);
(i) the Assignor has paid all taxes, duties, charges and fees due in Malaysia in respect of the ownership of his/its assets or the conduct of his business operation;
(j) no bankruptcy or winding up proceedings have been commenced against the Assignor;
(k) the execution, delivery and performances of this ContractAssignment:-
(i) has been duly authorized by all necessary corporate action;
c(ii) no claim is being asserted and no litigationdo not contravene its Constitution (if applicable);
(iii) do not violate any law or regulation or any judgment, arbitration order or administrative proceeding is presently decree of any governmental authority, or any mortgage, contract or undertaking binding on or affecting it; and
(iv) do not result in progress or, or require the creation of any encumbrances upon or with respect to the best of its knowledge and belief, pending or threatened against it or any of its assets which will property or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, revenues pursuant to the best provisions of its knowledge, are threatenedany such contract (if applicable); and
(l) for all information furnished by the winding up Assignor in connection with this Assignment do not contain any untrue statements or omit to state any fact the omission of which makes any statement made therein in the light of the Contractor or for its dissolution or for the appointment circumstances under which they are made, misleading and all expressions of a receiverexpectation, administrative receiverintention, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has belief and will continue to hold opinion and all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has projections contained therein were honestly made on reasonable grounds after due and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used careful inquiry by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;Assignor.
Appears in 2 contracts
Samples: Deed of Assignment (By Way of Security), Deed of Assignment (By Way of Security)
Warranties. 8.1 (a) The Contractor warrants, Company represents and undertakes for the duration of the Contract Period warrants to Principal Underwriter that:
a(i) it has full capacity Registration Statements on Form S-1 for each of the Contracts identified in Attachment A have been filed with the Commission in the form previously delivered to Principal Underwriter and authority that copies of any and all necessary consents amendments thereto will be forwarded to Principal Underwriter at the time that they are filed with Commission;
(including where its procedures so requireii) The Registration Statement and any further amendments or supplements thereto will, when they become effective, conform in all material respects to the consent of its parent company) to enter into and perform its obligations under the Contract and that the Contract is executed by a duly authorised representative requirements of the Contractor;
b) as at Securities Act of 1933, and the Commencement Daterules and regulations of the Commission under such Acts, all information contained in and will not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the Tender remains true, accurate and statements therein not misleading; provided, save as may have been specifically disclosed however, that this representation and warranty shall not apply to any statement or omission made in reliance upon and in conformity with information furnished in writing to Company by Principal Underwriter expressly for use therein;
(iii) The Company is validly existing as a stock life insurance company in good standing under the Authority prior laws of the State of Illinois, with power to execution own its properties and conduct its business as described in the Prospectus, and has been duly qualified for the transaction of business and is in good standing under the laws of each other jurisdiction in which it owns or leases properties, or conducts any business;
(iv) Those persons who offer and sell the Contracts are to be appropriately licensed or appointed to comply with the state insurance laws;
(v) The performance of this Contract;
c) no claim Agreement and the consummation of the transactions contemplated by this Agreement will not result in a violation of any of the provisions of or default under any statute, indenture, mortgage, deed of trust, note agreement or other agreement or instrument to which Company is being asserted and no litigationa party or by which Company is bound (including Company's Charter or By-laws as a stock life insurance company, arbitration or administrative proceeding is presently in progress orany order, to the best rule or regulation of its knowledge and belief, pending any court or threatened against it governmental agency or body having jurisdiction over Company or any of its assets properties);
(vi) There is no consent, approval, authorization or order of any court or governmental agency or body required for the consummation by Company of the transactions contemplated by this Agreement, except such as may be required under the Securities Exchange Act of 1934 or state insurance or securities laws in connection with the distribution of the Contracts; and
(vii) There are no material legal or governmental proceedings pending to which will Company is a party or might of which any property of Company is the subject (other than as set forth in the Prospectus relating to the Contracts, or litigation incident to the kind of business conducted by the Company) which, if determined adversely to Company, would individually or in the aggregate have a material adverse effect on its ability the financial position, surplus or operations of Company.
(b) Principal Underwriter represents and warrants to perform its obligations Company that:
(i) It is a broker-dealer duly registered with the Commission pursuant to the Securities Exchange Act of 1934, is a member in good standing of the NASD, and is in compliance with the securities laws in those states in which it conducts business as a broker-dealer;
(ii) As a principal underwriter, it shall permit the offer and sale of Contracts to the public only by and through persons who are appropriately licensed under the Contractsecurities laws and who are appointed in writing by the Company to be authorized insurance agents;
d(iii) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under The performance of this Agreement and the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up consummation of the Contractor transactions herein contemplated will not result in a breach or for its dissolution or for the appointment violation of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets terms or revenue;provisions of or constitute a default under any statute, indenture, mortgage, deed of trust, note agreement or other agreement or instrument to which Principal Underwriter is a party or by which Principal Underwriter is bound (including the Certificate of Incorporation or By-laws of Principal Underwriter or any order, rule or regulation of any court or governmental agency or body having jurisdiction over either Principal Underwriter or its property); and
f(iv) it has To the extent that any statements made in the Registration Statement, or any amendment or supplement thereto, are made in reliance upon and in conformity with written information furnished to Company by Principal Underwriter expressly for use therein, such statements will, when they become effective or are filed with the Commission, as the case may be, conform in all material respects to the requirements of the Securities Act of 1933 and the rules and regulations of the Commission thereunder, and will continue not contain any untrue statement of a material fact or omit to hold all necessary (if any) regulatory approvals from the Regulatory Bodies state any material fact required to be stated therein or necessary to perform make the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or therein not misleading;.
Appears in 2 contracts
Samples: Underwriting Agreement (Allstate Life Insurance Co), Underwriting Agreement (Allstate Life Insurance Co)
Warranties. 8.1 11.1 Distributor has conducted a due diligence review of Principal and third parties employed by Principal in connection with the activities contemplated hereunder and during such due diligence the Principal has answered all of the questions of Distributor and complied with all of the document requests of Distributor.
11.2 The Contractor warrants, Principal represents and undertakes warrants that as at the Commencement Date:
11.2.1 it has disclosed to the Distributor all material information known to it or its Associates concerning the safety or efficacy of the Product and it is not aware of any safety or efficacy concerns which are not reflected in the documentation made available in the course of Distributor’s due diligence review and/or summarized in the approval documentation submitted by Principal as part of its DCP efforts, including (without limitation) the SMPC and disclosed to the Distributor before the Commencement Date;
11.2.2 to its knowledge, there are no litigations, suits, actions, arbitration, judicial or legal, administrative or other proceedings or governmental investigations pending or threatened against the Principal or its Associates which would be reasonably expected to affect or restrict the activity of the Principal to consummate the transactions under this Agreement or to perform its obligations under this Agreement; nor to its knowledge are there any litigation, suits, actions, disputes, claims, arbitrations, judicial or legal, administrative or other proceedings or governmental investigations pending against the Principal or its Associates in connection with the Product or the Principal Intellectual Property;
11.2.3 the Principal Intellectual Property comprises all the Intellectual Property owned, licensed or controlled by the Principal and its Associates relating to the manufacture, use or sale of the Product in the Territory;
11.2.4 the Principal and its Associates have on the Commencement Date no knowledge that would cast doubt upon the validity or enforceability of the Principal Intellectual Property, or upon the freedom from any third party rights of the Product or its manufacture;
11.2.5 the Principal has disclosed to the Distributor all Intellectual Property rights licensed to the Principal by third parties and necessary for the duration of the Contract Period that:
a) it has full capacity and authority and all necessary consents (including where Distributor to lawfully exercise its procedures so require, the consent of its parent company) to enter into rights and perform its obligations under this Agreement and the Contract Principal is lawfully authorized to sub-license the same in accordance with this Agreement;
11.2.6 the Principal has no knowledge that, with respect to the Product, it will infringe in any material respect any Intellectual Property of any third party in the Territory. The Principal has not received any notice that, with respect to the Product, it is violating or has violated the trademarks, patents, copyrights, inventions, trade secrets, proprietary information and technology, know-how, formulae, rights of publicity or other Intellectual Property rights of any third party;
11.2.7 neither the execution and delivery of this Agreement nor the performance hereof by the Principal requires the Principal to obtain any permits, authorisations or consents from any governmental authority (subject to obtaining all necessary approvals with respect to the manufacture, use or sale of the Product in the Territory) or from any other person, firm or corporation;
11.2.8 the Principal is not under any obligation to any person, contractual or otherwise, that is conflicting or inconsistent in any respect with the terms of this Agreement or that would impede the diligent and complete fulfilment of the Principal’s obligations under this Agreement in any material respect;
11.2.9 SkyePharma plc and/or Jagotec AG have represented to the Principal that the Contract Principal is executed by a duly authorised representative the exclusive licensee of SkyePharma plc’s and/or Jagotec AG’s proprietary rights regarding SkyePharma’s and/or Jagotec’s technology in connection with oral glucocorticoids and Principal has no reason to believe that SkyePharma and/or Jagotec have misrepresented the fact to Principal in this regard;
11.2.10 the Principal has full power and authority to lawfully enter into this Agreement and shall not breach any term of any agreement with any third party in doing so; and
11.2.11 the Principal is not in default of any provision of the Contractor;Development and Licence Agreement and no event has occurred that with the giving of notice and/or passage of time would constitute a default under the same.
b) 11.3 The Distributor represents and warrants that as at the Commencement Date:
11.3.1 to its knowledge, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) there are no claim is being asserted and no litigation, arbitration claims or administrative proceeding is presently in progress or, to the best of its knowledge and belief, investigations pending or threatened against it the Distributor or any of its assets Associates, relating to the matters contemplated under this Agreement which will or might have a material adverse effect on its would materially adversely affect the Distributor’s ability to perform its obligations under hereunder nor to its knowledge are there any other circumstances within its control which can reasonably be expected to prevent, delay or to have any other detrimental influence on the Contract;launch of the Product as contemplated hereunder; and
d) it 11.3.2 the Distributor is not subject under any obligation to any person, contractual obligationor otherwise, compliance that is conflicting or inconsistent in any respect with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings terms of this Agreement or other steps have been taken that would impede the diligent and not discharged (nor, to the best of its knowledge, are threatened) for the winding up complete fulfilment of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's Distributor’s obligations under this Contract;Agreement in any material respect.
g) it has and will continue to have all necessary rights in and to 11.4 Except as provided herein, neither the Intellectual Property Rights in all materials used by Principal nor the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of Distributor makes any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;other warranties under this Agreement.
Appears in 2 contracts
Samples: Exclusive Distribution Agreement (Horizon Pharma, Inc.), Exclusive Distribution Agreement (Horizon Pharma, Inc.)
Warranties. 8.1 34.1 Each party warrants, represents and undertakes that:
34.1.1 it has full capacity and authority to enter into and to perform this Agreement;
34.1.2 this Agreement is executed by a duly authorised representative of that party;
34.1.3 there are no actions, suits or proceedings or regulatory investigations pending or, to that party's knowledge, threatened against or affecting that party before any court or administrative body or arbitration tribunal that might affect the ability of that party to meet and carry out its obligations under this Agreement; and
34.1.4 once duly executed this Agreement will constitute its legal, valid and binding obligations.
34.2 The Contractor warrants, represents and undertakes for the duration of the Contract Period Term that:
a) it has full capacity and authority and 34.2.1 all necessary consents (including where its procedures so requirepersonnel used to provide the Services will be vetted in accordance with Good Industry Practice, the consent of its parent company) to enter into Security Policy and perform its obligations under the Contract and that the Contract is executed by a duly authorised representative of the ContractorStandards;
b) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) 34.2.2 it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this ContractAgreement;
g) 34.2.3 it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all any materials used made available by the Contractor for and/or the purpose of providing the Services and/or delivered Sub-contractors to the Authority; h) NOT USED; i) Authority necessary to perform the Contractor's obligations under this Agreement;
34.2.4 as at the Commencement Effective Date all statements and representations in the Contractor's Response response to the Invitation to Tender and any other documents provided by the Contractor pursuant to the Further Competition Procedure are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;; and
34.2.5 it shall at all times comply with Law in carrying out its obligations under this Agreement.
34.3 Except as expressly stated in this Agreement, all warranties and conditions whether express or implied by statute, common law or otherwise are hereby excluded to the extent permitted by law.
34.4 For the avoidance of doubt the fact that any provision within this Agreement is expressed as a warranty shall not preclude any right of termination the Authority may have in respect of breach of that provision by the Contractor.
Appears in 2 contracts
Samples: Information Technology Research Services Agreement, It Advisory Services Agreement
Warranties. 8.1 The Contractor warrantsService Provider warrants that: It is a company financially sound and duly licensed, represents with adequate human resources, equipment, competence, expertise and undertakes skills necessary to provide fully and satisfactorily, within the stipulated completion period, all the Services in accordance with this Agreement; It shall comply with all applicable laws, ordinances, rules and regulations when performing its obligations under this Agreement; In all circumstances it shall act in the best interests of IOM; No official of IOM or any third party has received from, will be offered by, or will receive from the Service Provider any direct or indirect benefit arising from the Agreement or award thereof; It has not misrepresented or concealed any material facts in the in the procurement of this Agreement; The Service Provider, its staff or shareholders have not previously been declared by IOM ineligible to be awarded agreements by IOM; It will maintain reasonable and appropriate organizational, administrative, physical, and technical safeguards to ensure the integrity and confidentiality of the information shared pursuant to this Agreement. The safeguards shall be designed to protect against any foreseeable threats or risks to the security and integrity of such information as well as the unauthorized access, use or disclosure thereof. If requested by IOM at any time during the term of this Agreement, the Service Provider shall provide IOM with copies of its policies, protocols, records, and other relevant materials implementing the safeguards; It has or shall take out relevant insurance coverage for the period the Services are provided under this Agreement; The Price(s) specified in this Agreement shall constitute the sole remuneration in connection with this Agreement. The Service Provider shall not accept for its own benefit any trade commission, discount or similar payment in connection with activities pursuant to this Agreement or the discharge of its obligations thereunder. The Service Provider shall ensure that any subcontractors, as well as the personnel and agents of either of them, similarly, shall not receive any such additional remuneration; It shall respect the legal status, privileges and immunities of IOM as an intergovernmental organization, such as inviolability of documents and archive wherever it is located, exemption from taxation, immunity from legal process or national jurisdiction. In the event that the Service Provider becomes aware of any situation were IOM’s legal status, privileges or immunities are not fully respected, it shall immediately inform IOM; It is not included in the most recent United Nations Security Council Consolidated List nor is it the subject of any sanctions or other temporary suspension. The Service Provider will disclose to IOM if it becomes subject to any sanction or temporary suspension during the term of this Agreement. It must not employ, provide resources to, support, contract or otherwise deal with any person, entity or other group associated with terrorism as per the most recent United Nations Security Council Consolidated List and all other applicable anti-terrorism legislation. If, during the term of this Agreement, the Service Provider determines there are allegations or suspicions that funds transferred to it in accordance with this Agreement have been used to provide support or assistance to individuals or entities associated with terrorism, it will inform IOM immediately who in consultation with the donors as appropriate, shall determine an appropriate response. The Service Provider shall ensure that this requirement is included in all subcontracts. The Service Provider warrants that it shall abide by the highest ethical standards in the performance of this Agreement, which includes not engaging in any fraudulent, corrupt, discriminatory or exploitative practice or practice inconsistent with the rights set forth in the Convention on the Rights of the Child. The Service Provider shall immediately inform IOM of any allegation or suspicion that the following practice may have occurred or exist: fraudulent practice, defined as any act or omission, including misrepresentation or concealment, that knowingly or recklessly misleads, or attempts to mislead, a natural or legal person in the procurement process or the execution of a contract party to obtain a financial gain or other benefit, or to avoid an obligation or in such a way as to cause a detriment to IOM; corrupt practice defined as the offering, giving, receiving or soliciting, directly or indirectly, of anything of value to influence improperly the actions of another natural or legal person in the procurement process or in contract execution, such as through bribery; collusive practice defined as an arrangement between two or more bidders, or other natural or legal persons designed to achieve an improper purpose, including influencing improperly the actions of another natural or legal person or artificially altering the results of the procurement process to obtain a financial gain or other benefit; coercive practice defined as impairing or harming, or threatening to impair or harm, directly or indirectly, any natural or legal person or the property of any such person to influence improperly its actions or impact the execution of a contract; obstructive practice defined as acts or omissions intended to materially impede the exercise of IOM’s contractual rights of audit, investigation and/or access to information, including deliberately destroying, falsifying, altering or concealing of evidence material to IOM investigations, or making false statements to IOM investigators in order to materially impede a duly authorized investigation into allegations of fraudulent, corrupt, collusive, coercive or unethical practices; and/or threatening, harassing or intimidating any party to prevent it from disclosing its knowledge of matters relevant to the investigation or from pursuing the investigation; unethical practice defined as a practice contrary to the IOM Unified Staff Regulations and Rules or UN Supplier Code of Conduct, such as those relating to conflict of interest, gifts, hospitality, post-employment provisions, abuse of authority, harassment, discriminatory or exploitative practices or practices inconsistent with the rights set forth in the Convention on the Rights of the Child; money laundering practice defined as the conversion or transfer of property knowing that such property is derived from any offence(s), for the purpose of concealing or disguising the illicit origin of the property or of assisting any persons who are involved in such offence(s) to evade the legal consequences of their actions. Property shall include, but not be limited to money. The Service Provider further warrants that it shall: Take all appropriate measures to prevent sexual exploitation and sexual abuse (SEA), as those terms are defined in section 1 of ST/SGB/2003/13 (the “SG Bulletin”),1 and sexual harassment, as that term is defined in section 1 of the UN System Model Policy on Sexual Harassment,2 by its employees or sub-contractors, consultants, interns or volunteers associated with or working on behalf of the Service Provider to perform activities under this Agreement (“Associated Personnel”); accept and follow the standards of conduct listed in section 3 of the SG Bulletin; Promptly and confidentially report to IOM any allegations or suspicions of SEA or SH concerning its employees or Associated Personnel; promptly investigate any credible allegations of SEA or SH concerning its employees or Associated Personnel, and inform IOM of the outcome of such investigation; take appropriate corrective measures, including imposing disciplinary measures on any of its employees or Associated Personnel who has committed SEA or SH, and inform IOM of such corrective measures; Provide to IOM, on written request, all relevant information to determine whether the Service Provider has taken appropriate investigative and corrective action in cases of SEA or SH. Failure to take appropriate investigative or corrective action to the satisfaction of IOM shall constitute material breach of this Agreement; Ensure that the SEA and SH provisions contained in this Article are included in all sub-contracts related to this Agreement; Adhere to the provisions of this Article for the duration of this Agreement. The Service Provider expressly acknowledges and agrees that breach by the Contract Period that:
a) it Service Provider, its employees or its Associated Personnel, of any provision contained in Articles 5.1, 5.2 or 5.3 of this Agreement constitutes a material breach of this Agreement and shall entitle IOM to terminate this Agreement immediately on written notice without liability. In the event that IOM determines, whether through an investigation or otherwise, that such a breach has full capacity and authority and occurred then, in addition to its right to terminate the Agreement, IOM shall be entitled to recover from the Service Provider all necessary consents losses suffered by IOM in connection with such breach. IOM shall have the right to investigate any allegations (including where but not limited to SEA, SH, fraud and corruption) involving the Service Provider, its procedures so requireemployees or its Associated Personnel, notwithstanding related investigations undertaken by the Service Provider or national authorities. The Service Provider shall provide its full and timely cooperation with any such investigations. Such cooperation shall include, but shall not be limited to, the consent of Service Provider's obligation to make available its parent company) personnel and any relevant documentation for such purposes at reasonable times and on reasonable conditions and to enter into and perform its obligations under the Contract and that the Contract is executed by a duly authorised representative of the Contractor;
b) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing grant access to the Authority prior Service Provider's premises at reasonable times and on reasonable conditions in connection with such access to execution of this Contract;
c) no claim is being asserted the Service Provider's personnel and no litigationrelevant documentation. The Service Provider shall require its agents, arbitration including, but not limited to, the Service Provider's attorneys, accountants or administrative proceeding is presently in progress orother advisers, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance reasonably cooperate with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;investigations carried out by IOM.
Appears in 2 contracts
Samples: Medical Services Agreement, Medical Services Agreement
Warranties. 8.1 The Contractor warrants, represents and undertakes for 11.1. Each Shareholder warrants to the duration of the Contract Period Optionee on a several basis that:
(a) it has full capacity power and authority to grant the Option on the terms and conditions of this Agreement and, if the Shareholder is not a natural person, the grant of the Option has been duly and validly approved and authorized by all necessary consents action on the part of such Shareholder;
(including where its procedures so requireb) no consent, approval, order, authorization, release or waiver of, or registration, declaration or filing with, any governmental or regulatory authority is necessary or required to be made or obtained by such Shareholder to enable the consent of its parent company) Shareholder to execute, deliver, enter into into, and perform its obligations under this Agreement; *** Certain information in this agreement has been omitted and filed separately with the Contract Securities and Exchange Commission. [***] indicates that text has been omitted and is the Contract subject of a confidential treatment request.
(c) if such Shareholder is not a natural person, it has been duly incorporated and is validly existing and in good standing under the laws of the jurisdiction in which it is incorporated or constituted (to the extent that such concepts are recognised in such jurisdiction);
(d) this Agreement, when executed by the Parties, shall constitute a duly authorised representative legal, valid and binding obligation of such Shareholder enforceable against it in accordance with its terms;
(e) it is the legal and beneficial owner of the ContractorOption Shares set out beside its name in Part 2 of Schedule 1, such Option Shares are fully paid and may be sold free of all encumbrances and the Shareholder has not entered into any agreement, arrangement or obligation to give or create any such encumbrance over its Option Shares;
b(f) the Option Shares represent one hundred per cent (100%) of the share capital of the Company issued or agreed to be issued and there is no option or right outstanding to subscribe for any share or loan capital of the Company;
(g) it has full voting power with respect to its proportion of the Option Shares, none of which are subject to any proxy, voting trust or other agreement or arrangement with respect to the voting of such Option Shares; and
(h) as at of the Commencement Effective Date, all information contained the Shareholder is not engaged in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no any litigation, arbitration or other dispute resolution process, or administrative proceeding is presently in progress oror criminal proceedings, whether as claimant, defendant or otherwise with respect to its Option Shares and, to the best of its knowledge and beliefthe Shareholder’s knowledge, pending there is no such action pending.
11.2. The Company warrants to the Optionee that save for non-material matters relating to the Company’s day-to-day operation, the Company has not engaged in any activities or threatened against it conducted any operations other than as contemplated by or any necessary for the License Agreement, the Gamma IP License, the Shareholders’ Agreement or the Gamma Service Agreement.
11.3. The Optionee warrants to each of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;Shareholders that:
d(a) it is not duly organised, validly existing and in good standing under the laws of the State of Delaware, United States, and that the consummation of the transactions contemplated hereby is within Optionee’s corporate powers and have been duly authorized by all necessary corporate actions on the part of Optionee. Optionee has full corporate power and authority to execute, deliver and perform this Agreement;
(b) this Agreement has been duly authorized, executed and delivered by Optionee and constitutes a legal, valid and binding obligation of Optionee enforceable against Optionee in accordance with its terms, subject to any contractual obligationthe effects of bankruptcy, compliance with which is likely insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to have a material adverse effect on its ability to perform its obligations under the Contract;or affecting creditors’ rights generally and general equitable principles; and
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
fc) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations financial wherewithal, in the Contractor's Response form of cash on hand or available borrowing facilities, to pay the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;Option Fee.
Appears in 2 contracts
Samples: License and Collaboration Agreement (Denali Therapeutics Inc.), License and Collaboration Agreement (Denali Therapeutics Inc.)
Warranties. 8.1 The Contractor warrants, represents Subject as herein provided HEMISPHERX warrants to EMERGE that: • All Products supplied hereunder will comply with the Dossier and undertakes with any specification agreed for them in the duration Quality Agreement; • It is not aware of any rights of any third party in the Territory which would or might render the sale of the Contract Period that:
a) it has full capacity and authority and all necessary consents (including where its procedures so requireProducts, or the consent use of its parent company) to enter into and perform its obligations under the Contract and that the Contract is executed by a duly authorised representative any of the Contractor;
b) as at the Commencement Date, all information contained Trademarks on or in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing relation to the Authority prior to execution Products, unlawful; • It is the owner or the permitted licensee of this Contract;
c) no claim is being asserted all Intellectual Property Rights and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to aware of any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under claims of any third party in the Contract;
e) no proceedings Territory or other steps have been taken and not discharged (nor, worldwide related to the best fact that the Products infringes any intellectual property of such third party. • Nothing in this Agreement shall exclude either party’s liability for death or personal injury. Subject to the above WARRANTIEs, HEMISPHERX shall indemnify and hold harmless EMERGE and its knowledgerespective employees from any loss, are threateneddamage or claim made by a third party in respect of (i) for the winding up death or personal injury arising from the manufacture or use of the Contractor Products in the Territory or for its dissolution (ii) infringement of third party intellectual property, if and to the extent such loss, damage or for claim is caused by any act or omission of HEMISPHERX and is not attributable directly or indirectly to the appointment breach of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets material terms of this Agreement by EMERGE or revenue;by any wilful default or negligent act or omission of EMERGE, its employees or its agents.
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and 1. The indemnity given by HEMISPHERX shall be subject to the Intellectual Property Rights in all materials used following conditions: • No indemnity shall be claimed unless notice is given by EMERGE claiming the indemnity to HEMISPHERX together with details of the claim promptly on notice of such claim being received by the Contractor for the purpose EMERGE; • No admissions of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best liability or compromise or offer of its knowledge, information and belief, true and accurate and that it will advise the Authority settlement of any factclaim shall be made by EMERGE without the prior written consent of HEMISPHERX; and • HEMISPHERX shall have full control over any claim, matter proceedings or circumstance settlement negotiations in respect of which it may become aware is providing the indemnity. Subject to clause X.B 1.), EMERGE shall defend and indemnify HEMISPHERX and its Affiliates and hold each of them harmless against all claims, demands, actions, losses, expenses, damages, liabilities, costs (including interest, penalties and reasonable attorneys' fees) and judgements suffered by each of them, which would render any such statement arise out of EMERGE’s negligent or representation to be false wilful acts or misleading;omissions or which otherwise arise out of EMERGE’s breach of the Agreement.
Appears in 2 contracts
Samples: Sales, Marketing, Distribution, and Supply Agreement (Hemispherx Biopharma Inc), Sales, Marketing, Distribution, and Supply Agreement (Hemispherx Biopharma Inc)
Warranties. 8.1 22.1 The Contractor warrants, represents and undertakes for the duration of the Contract Period WIA warrants that:
(a) it has full capacity and authority and all necessary consents use by ACMA or the Commonwealth (including where its procedures so requireofficers, employees, agents and contractors) of any material created and then provided by the consent WIA to ACMA or the Commonwealth under this Deed will not infringe the Intellectual Property rights of its parent companyany person; and
(b) to enter into and the WIA will perform its obligations responsibilities under this Deed in a manner that does not infringe the Contract and that the Contract is executed by a duly authorised representative Intellectual Property rights of the ContractorCommonwealth (including ACMA) or any third party.
22.2 The WIA warrants and represents to the Commonwealth that:
(a) the WIA's execution, delivery and performance of this Deed will not constitute:
(i) a violation of any judgment, order or decree;
b(ii) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against a default under any contract by which it or any of its assets are bound; or
(iii) an event that would, with notice or lapse of time, or both, constitute such a default;
(b) the constituting documents of the WIA empower the WIA to enter into this Deed and to do all things which it can reasonably contemplate will be required by this Deed;
(c) all necessary approvals have been obtained by the WIA to render this Deed binding on, and legally enforceable against, the WIA in accordance with its terms;
(d) the WIA will immediately notify the Commonwealth of the occurrence of, or might have the pending or threatened occurrence of, an event of which it is aware that may cause or constitute a breach of any of the representations, warranties or covenants contained or made in connection with this Deed, including without limitation, any event that may result in a material adverse effect on its ability to perform its obligations under change in the Contractbusiness of the WIA or may affect the financial viability of the WIA' s business;
d(e) it is not subject has disclosed to the Commonwealth prior to the execution of this Deed details of any contractual obligationlitigation or proceeding whatsoever, compliance with which is likely to actual or threatened, against the WIA that may have a material an adverse effect on the ability of the WIA to provide the Statutory Functions and Administrative Services and these disclosures are true and correct as at execution; and
(f) any additional issues of the kind described in paragraph (e) that arise from time to time subsequent to the execution of this Deed will be disclosed by the WIA to the Commonwealth at all relevant times throughout the term of this Deed.
22.3 The Commonwealth warrants that:
(a) ACMA has complied or will comply with the Act in exercising its ability power of Delegation to perform its obligations under the ContractWIA to issue Amateur Certificates of Proficiency on the terms of this Deed;
e(b) no proceedings use by the WIA (including its officers, employees, Volunteers, agents and subcontractors) of any material created and provided by ACMA or other steps have been taken and not discharged (nor, the Commonwealth to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations WIA under this Contract;
g) it has and Deed will continue to have all necessary rights in and to not infringe the Intellectual Property Rights in all materials used by rights of any person; and
(c) ACMA has the Contractor for the purpose of providing the Services and/or delivered power to delegate to the Authority; h) NOT USED; i) as at WIA the Commencement Date all statements functions and representations powers to carry out the Statutory Functions and provide the Administrative Services upon the terms specified in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;this Deed.
Appears in 2 contracts
Warranties. 8.1 The Contractor warrants, represents Summer warrants to Spring and undertakes for the duration of the Contract Period Autumn that:
a(A) Schedule 1 sets out all Equity Interests held by Summer and its Affiliates in Spring and Autumn at the date of this agreement and Summer confirms that (except in respect of the Equity Interests marked with a ** in Schedule 1 lent out under the Existing Framework Agreement) it has full capacity and authority and all necessary consents is the registered holder of (including where its procedures so require, or is otherwise able to control the consent of its parent company) to enter into and perform its obligations under the Contract and that the Contract is executed by a duly authorised representative exercise of the Contractor;voting rights attaching to) the Spring Shares against its and its Affiliates names therein; and
b(B) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution date of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against agreement neither it or nor any of its assets Affiliates owns any Equity Interest or has any other legal or beneficial interest in any other security conferring voting rights in either Spring or Autumn other than as set out in (A) above. Notwithstanding any other provisions of this agreement, for the purposes of clauses 2, 4 and 6, shares in Spring (marked with a * in Schedule 1) (or shares derived therefrom) which will have been lent to Xxxxxx Brothers International (Europe) to be on-lent to third parties shall be deemed not to be shareholdings or might have Equity Interests held by Summer or its Affiliates to the extent Summer or its Affiliates (as applicable) are unable at the relevant time to control the voting rights attaching to such Equity Interests.
8.2 Each party hereto warrants to the other parties hereto that:
(A) it is a material adverse effect on legal entity duly organised or formed, validly existing and in good standing (insofar as such term applies as a legal concept in the jurisdiction of incorporation of such party) under the laws of its ability jurisdiction of organisation or formation, and has all requisite power and capacity, and is duly and validly authorised, to execute and deliver this agreement and to perform its obligations under hereunder, and no other actions or proceedings are necessary to authorise the Contract;execution and delivery by it of this agreement and the performance of its obligations hereunder. This agreement constitutes its legal, valid and binding obligations, and is enforceable against it in accordance with its terms; and
d(B) the execution and delivery of this agreement by it does not, and the performance of this agreement by it will not result in or constitute a violation of any obligation, instrument, permit, concession, franchise, license, judgment, order, decree, statute, law, ordinance, rule or regulation applicable to it or by which it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings bound or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;affected.
Appears in 2 contracts
Samples: Relationship Agreement (Subsea 7 S.A.), Relationship Agreement (Siem Industries Inc.)
Warranties. 8.1 13.1 The Contractor warrants, Customer warrants and represents and undertakes for to the duration of the Contract Period thatSupplier:
(a) that it has full capacity the legal right and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and perform its obligations under the Contract and this Agreement; and
(b) that the Contract is executed by a duly authorised representative use of the ContractorCustomer Works, and any other works or materials provided by or on behalf of the Customer to the Supplier for the purpose of assisting with or enabling the development of the Software, by the Supplier in accordance with the terms of this Agreement will not:
(i) infringe any person's Intellectual Property Rights or other legal rights;
b(ii) as at breach any laws, statutes or regulations; or
(iii) give rise to a cause of action against the Commencement DateSupplier or the Customer or any other person, all information contained in the Tender remains true, accurate each case in any jurisdiction and not misleading, save as may have been specifically disclosed in writing under any applicable law.
13.2 The Supplier warrants and represents to the Authority prior Customer:
(a) that it has the legal right and authority to execution of this Contract;
c) no claim is being asserted enter into and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contractthis Agreement;
d(b) that it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to will perform its obligations under the Contractthis Agreement with reasonable care and skill;
(c) that the Software (excluding the Customer Works) will at the date of delivery of the Software and thereafter meet the Acceptance Criteria;
(d) that the use of the Supplier Software / Software (excluding the Customer Works) by the Customer in accordance with the terms of this Agreement will not:
(i) infringe any person's Intellectual Property Rights or other legal rights;
(ii) breach any laws, statutes or regulations; or
(iii) give rise to a cause of action against the Supplier or the Customer or any other person
(e) no proceedings or other steps have been taken That it will use best endeavours to achieve the SLA response targets and not discharged (nor, to provide a solution to the best of its knowledgeissues within as quickly as possible.
13.3 The Customer acknowledges that:
(a) complex software is never wholly free from defects, are threatenederrors and bugs, and the Supplier gives no warranty or representation that the Software will be wholly free from such defects, errors and bugs;
(b) for the winding up of Supplier has designed the Contractor Software to work in the Environment, and the Supplier does not warrant or for its dissolution represent that the Software will work in any other hardware or for software environment;
(c) the appointment of a receiverSupplier does not warrant or represent that the Software will be compatible with any application, administrative receiverprogram or software not specifically identified as compatible in Schedule 1; and
(d) the Supplier will not and does not purport to provide any legal, liquidator, manager, administrator taxation or similar officer accountancy advice under this Agreement or in relation to the Software and (except to the extent expressly provided otherwise) the Supplier does not warrant or represent that the Software will not give rise to any civil or criminal legal liability on the part of the Contractor‟s assets Customer or revenue;any other person.
f) it has and will continue to hold all necessary (if any) regulatory approvals from 13.4 All of the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements parties' warranties and representations in respect of the Contractor's Response to subject matter of this Agreement are expressly set out in the Invitation to Tender are to terms of this Agreement. To the best maximum extent permitted by applicable law, no other warranties or representations concerning the subject matter of its knowledge, information and belief, true and accurate and that it this Agreement will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;implied into this Agreement.
Appears in 2 contracts
Samples: Software Services Agreement, Software Services Agreement
Warranties. 8.1 16.1 The Contractor warrants, Recipient represents warrants and undertakes for to the duration of the Contract Period Authority that:
a) 16.1.1 it has full capacity and authority and all necessary consents (resources and expertise to deliver the Project;
16.1.2 the performance of any obligations under this Agreement will be undertaken with reasonable care and skill including where its procedures so requireobligations performed by the Recipient’s agent and/or Sub-Contractor(s);
16.1.3 it has given the Authority true, complete and accurate information in connection with this Agreement, the consent of its parent company) to enter into and perform its obligations under Project or the Contract and that the Contract is executed by a duly authorised representative Authority’s evaluation of the ContractorRecipient or the Project;
b) as at 16.1.4 any information the Commencement Date, all information contained Recipient provides to the Authority regarding this Agreement or the Project in the Tender remains future will be true, complete and accurate and not misleading, save as may have been specifically disclosed misleading in any way;
16.1.5 it will immediately notify the Authority in writing if any information they have provided to the Authority prior to execution of this Contractbecomes untrue, incomplete, or misleading in any way;
c) 16.1.6 it will ensure that any Sub-Contractor engaged will be retained on terms that are no claim is being asserted and no litigation, arbitration or administrative proceeding is presently less onerous than the terms contained in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contractthis Agreement;
d) 16.1.7 it has and shall keep in place systems to deal with the prevention of fraud and/or administrative malfunction and/or financial irregularity;
16.1.8 it is not subject to any contractual obligationor other restriction imposed by its own or any other organisation's rules or regulations or otherwise which may prevent or materially impede it from meeting its obligations in connection with the Grant;
16.1.9 it is not aware of anything in its own affairs, compliance with which it has not disclosed to the Authority or any of the Authority's advisers, which might reasonably have influenced the decision of the Authority to make the Grant on the terms contained in this Agreement;
16.1.10 it has power to enter into this Agreement and has obtained all necessary approvals to do so and undertakes that it is likely to have a material adverse effect on not aware as at the date of this Agreement of anything within its reasonable control which might or will adversely affect its ability to perform fulfil its obligations under this Agreement; and
16.1.11 the Contract;
e) no proceedings or other steps signatories to this Agreement have been taken full authority to sign on the Recipient’s behalf and not discharged (nor, such signatures will commit the Recipient to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has all obligations and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under duties contained within this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;Agreement.
Appears in 2 contracts
Samples: Grant Agreement, Grant Agreement
Warranties. 8.1 7.1 The Contractor warrants, represents and undertakes for Seller warrants to the duration Buyer that each of the Contract Period that:Seller’s Warranties is of the date of this Agreement, and will at Closing be, true and accurate.
a) 7.2 The Buyer confirms that it has full capacity not entered into this Agreement or any other Transaction Document in reliance upon any representation, warranty or undertaking other than those expressly contained herein or any other Transaction Document and authority acknowledges that it has not relied on, and all necessary consents will (including where its procedures so requirein the absence of fraud) make no claim in respect of any such representation, warranty or undertaking made or supplied by or on behalf of the Seller or any other person whatsoever. Without limiting the general nature of the foregoing, the consent of its parent company) Buyer confirms that it has not relied on, has not been induced to enter into this Agreement by, and perform its obligations under will make no claim against, the Contract and that the Contract is executed Seller or any other person whatsoever in respect of any budget, forecast or other projection of any nature made or supplied by a duly authorised representative or on behalf of the Contractor;Seller.
7.3 Subject to, and without prejudice to the rights of the Buyer under, the Management Warranty Deeds, the Buyer undertakes to the Seller not (except in the case of fraud) to initiate or pursue (either directly or through any other person including without limitation, any Group Member) proceedings of any kind against any present or former director, officer or employee (a) of the Seller or of Lion, or (b) as at of any Affiliate of the Commencement DateSeller or of Lion in respect of any conduct, all information contained default or omission of any such person prior to Closing or in the Tender remains truerespect of any warranty, accurate and not misleading, save as may have been specifically disclosed in writing representation or statement made to the Authority prior to execution Buyer (or any member of this Contract;
c) no claim is being asserted and no litigationthe same group of companies as the Buyer, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will their respective advisers) in each case in connection with the transactions contemplated by this Agreement. Any present or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, former manager, administrator or similar officer in relation to director, officer, employee of any of the Contractor‟s assets entities referred to in (a) or revenue;(b) shall be entitled to directly enforce this Clause.
f7.4 The Seller undertakes to the Buyer not (except in the case of fraud) it to initiate or pursue (either directly or through any other person) proceedings of any kind against any present or former manager, director, officer, employee (a) of any Group Member; (b) of the Buyer or (c) of any Affiliate of the Buyer in respect of any conduct, default or omission of any such person prior to Closing or in respect of any warranty, any representation or statement made to the Seller (or any member of the Lion Group, or any of their respective advisers) in each case in connection with the transactions contemplated by this Agreement. Any present or former manager, director, officer or employee of the entities referred to in (a) or (b) shall be entitled to directly enforce this Clause.
7.5 Each of the Seller’s Warranties shall be separate and independent and shall continue in full force and effect notwithstanding Closing.
7.6 The Seller acknowledges that the Buyer has entered into this Agreement on the basis of the Seller’s Warranties and will continue to hold all necessary (if any) regulatory approvals from in reliance on them, and liability under the Regulatory Bodies necessary to perform the Contractor's obligations Seller’s Warranties or otherwise under this Contract;
g) it has and will continue to have all necessary rights Agreement shall not in and to the Intellectual Property Rights in all materials used any way be modified or discharged by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;Closing.
Appears in 2 contracts
Samples: Sale and Purchase Agreement, Sale and Purchase Agreement (Diamond Foods Inc)
Warranties. 8.1 The Contractor warrants, represents and undertakes for the duration of the Contract Period 12.1 Xxxxx warrants to Moorfield that:
(a) it is a limited partnership duly organised and validly existing under the laws of Delaware;
(b) it has full capacity power to own its assets, incur obligations, carry on its business and xxx and be sued in its own name;
(c) it has the power and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into this Agreement and any other documents to be executed in connection with it and to fully perform its obligations under the Contract and that the Contract is executed by a duly authorised representative of the Contractorthem in accordance with their terms;
b(d) as at the Commencement Date, all information contained obligations expressed to be assumed by it in the Tender remains true, accurate this Agreement and not misleading, save as may have been specifically disclosed any other documents to be executed in writing to the Authority prior to execution of this Contractconnection with it are lawful and valid obligations binding on it in accordance with their terms;
c(e) no claim is being asserted and no litigationit does not require the consent, arbitration approval or administrative proceeding is presently in progress or, authority of any other person to the best of enter into or exercise its knowledge and belief, pending rights or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under this Agreement or any other documents to be executed in connection with it; and
(f) so far as it is actually aware and assuming that the Contract;Car Park Lease has been duly executed and put into effect:
d(i) the proposed structure of the Company and its Subsidiary Undertakings; and
(ii) the terms of this Agreement (ignoring the effects of Clause 4.6 solely for the purpose of this warranty) and all material documents referred to in this Agreement, comply at the date of this Agreement with the REIT Requirements (as defined in Clause 4.6).
12.2 Moorfield warrants to Xxxxx that:
(a) it is not subject a company duly incorporated and organised and validly existing under the laws of its jurisdiction of incorporation;
(b) it has power to any contractual obligationown its assets, compliance with which is likely to have a material adverse effect incur obligations, carry on its ability business and xxx and be sued in its own name;
(c) it has the power and authority to enter into this Agreement and any other documents to be executed in connection with it and to fully perform its obligations under the Contractthem in accordance with their terms;
(d) the obligations expressed to be assumed by it in this Agreement and any other documents to be executed in connection with it are lawful and valid obligations binding on it in accordance with their terms;
(e) no proceedings it does not require the consent, approval or authority of any other steps have been taken and not discharged person to enter into or exercise its rights or perform its obligations under this Agreement or any other documents to be executed in connection with it; and
(nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has provided Xxxxx with a list of all persons and will continue to hold all necessary entities that:
(if anyi) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contractown (beneficially or otherwise) 10% of Moorfield;
g(ii) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor Control Moorfield; or
(iii) Moorfield acts for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;on behalf of.
Appears in 2 contracts
Samples: Joint Venture Agreement (Hines Global REIT, Inc.), Joint Venture Agreement (Hines Global REIT, Inc.)
Warranties. 8.1 7.1 The Contractor warrants, represents and undertakes for Vendor warrants to the duration Purchaser in the terms of the Contract Period thatVendor Warranties as at the date of this Agreement, subject to:
(a) it has full capacity any matter fairly disclosed in the Disclosure Letter (or treated by the Disclosure Letter as being disclosed) or in any document annexed to the Disclosure Letter;
(b) the restrictions of scope set out in clause 7.3; and
(c) the limitations and authority qualifications set out in clause 8.
7.2 Each of the Vendor Warranties is a separate and all necessary consents independent Vendor Warranty and, except where expressly stated, no other Vendor Warranty restricts or limits the extent or application of any other Vendor Warranty.
7.3 Notwithstanding any other provision of this Agreement (including where its procedures so requirethe Vendor Warranties) or any document referred to in this Agreement, the consent of its parent companyVendor is not giving any representation or warranty:
(a) as to enter into and perform its obligations under the Contract and that the Contract is executed by a duly authorised representative adequacy of the Contractor;
bCompany's reserves or insurance funds (including against the level of claims 'incurred but not reported' or 'incurred but not enough reported', claims handling expenses and administration expenses) as at the Commencement Datedate of this Agreement (or any other date);
(b) as to whether the reinsurance treaties and retrocession agreements to which the Company is a party as the insured or cedant (as the case may be) are valid, all information contained legally binding or enforceable in accordance with their terms or that any amounts owing to or which may be claimed by the Company under such reinsurance treaties or retrocession agreements will be paid; or
(c) as to the amount or availability of any reliefs (as defined in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing Tax Schedule) or other losses of the Company or the Subsidiary to the Authority prior extent that they arise (or would but for an election pursuant to execution section 107 Finance Act 2000 and regulations made thereunder (as amended) have axxxxx) xn respect of this Contract;or as a consequence of:
c(i) no claim is being asserted and no litigation, arbitration an event occurring or administrative proceeding is presently in progress period or part period ending on or before Completion; or, to
(ii) the best entry into or performance of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has Pre-Sale Reorganisation Documents, and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and any implication to the Intellectual Property Rights in all materials used contrary is hereby expressly excluded.
7.4 The only warranties given by the Contractor for Vendor in respect of tax matters are the purpose Vendor Tax Warranties.
7.5 The Purchaser acknowledges and agrees that:
(a) the Vendor Warranties are the only warranties of providing any kind given by or on behalf of the Services and/or delivered Vendor or any member of the Vendor's Group and on which the Purchaser or any other member of the Purchaser's Group may rely in entering into this Agreement; and
(b) at the time of entering into this Agreement, the Purchaser has no actual knowledge of any right to make a Relevant Claim against the Vendor.
7.6 The Vendor makes no representation or warranty to the Authority; h) NOT USED; i) Purchaser as at to the Commencement Date all statements and representations completeness, truth or accuracy of the matters disclosed in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;Disclosure Letter.
Appears in 2 contracts
Samples: Agreement for the Sale and Purchase of the Issued Share Capital (Enstar Group Inc), Agreement for the Sale and Purchase of the Issued Share Capital (Enstar Group Inc)
Warranties. 8.1 The Contractor warrants, Client represents and undertakes for warrants to the duration Advisory Consortium that it has the necessary authorization, mandate and capacity to award the Assignment to the Advisory Consortium pursuant to this Agreement.
8.2 Each member of the Contract Period Advisory Consortium represents and warrants that:
(a) It is duly organized and validly existing under the Applicable Laws, and that it has full capacity power and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into execute and perform its obligations under this Agreement and to carry out the Contract transactions contemplated hereby;
(b) It has taken all necessary corporate (if it is a corporate body) and that other actions under the Contract Applicable Laws to authorize the execution, delivery and performance of this Agreement; and validly exercise its rights and perform its obligations under this Agreement;
(c) this Agreement and all obligations contained herein constitutes its legal, valid and binding obligations, enforceable against it in accordance with the terms hereof;
(d) it has the financial standing and capability to undertake the Assignment accordance with the applicable standards and it has not committed a breach in respect of their payment obligations in relation to a financial indebtedness;
(e) it is executed subject to the Applicable Laws, and hereby expressly and irrevocably waives any immunity in any jurisdiction in respect of this Agreement and/or or matters arising hereunder including any obligation, liability or responsibility hereunder;
(f) the execution, delivery and performance of this Agreement does not and shall not conflict with, result in the breach of, constitute a default under, or accelerate performance required by a duly authorised representative any of the Contractor;
b) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best terms of its knowledge memorandum and beliefarticles of association or any of its constitutive and corporate charters, pending filings with government authorities, documents, or threatened against any Applicable Laws or any covenant, contract, agreement, arrangement, understanding, decree or order to which it is a party or by which it or any of its properties or assets is bound or affected; there are no actions, suits, proceedings, or investigations pending or, to its knowledge, threatened against it under the Applicable Laws before any court or before any other judicial, quasi-judicial or other authority, the outcome of which will may result in the breach of this Agreement or might have a which individually or in the aggregate may result in any material adverse effect on impairment of its ability to perform any of its obligations under the Contractthis Agreement;
d(g) no representation or warranty made by it is not subject herein or in any other document furnished by it to the GoS contains any contractual obligation, compliance with which is likely untrue or misleading statement of material fact or omits or will omit to have state a material adverse effect on its ability fact necessary to perform its obligations under the Contractmake such representation or warranty misleading;
e(h) no proceedings each member of the Advisory Consortium shall be severally liable for the performance of Services under this Agreement;
(i) that they have the necessary professional, intellectual and material resources to undertake their respective parts of the Scope of Work or other steps have been taken Services in connection with the Assignment; and
(j) It shall abide by the terms of the Agreement and not discharged (nor, that they shall perform their respective parts of work professionally and according to the international best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;practices.
Appears in 2 contracts
Samples: Consultancy Services Contract, Consultancy Services Contract
Warranties. 8.1
6.1 The Contractor warrantsGrant Recipient warrants and represents to the Council as follows:
6.1.1 that the information given in connection with this Agreement, represents and undertakes for the duration Project or the Council’s evaluation of the Contract Period Grant Recipient or the Project is at the date of this Agreement true, complete and accurate in all respects and not misleading in any respect;
6.1.2 that where at any time any information of any nature whatsoever is provided by the Grant Recipient to the Council regarding this Agreement, the Project or in response to a specific request by the Council relating to this Agreement or the Project it will at the time(s) when given be true, complete and accurate and not misleading in any respect;
6.1.3 that it will promptly notify in writing the Council if, and to the extent that:, any information provided by it to the Council becomes untrue, incomplete, or misleading in any respect;
a) 6.1.4 that it has full capacity the necessary power and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into this Agreement with the Council;
6.1.5 all actions necessary on the part of the Grant Recipient to authorise the execution of and perform the performance of its obligations under this Agreement have been taken;
6.1.6 the Contract obligations expressed to be assumed by the Grant Recipient under this Agreement will be legal, valid, binding and that enforceable to the Contract is executed extent permitted by a duly authorised representative Law and this Agreement will be in the proper form for enforcement in England;
6.1.7 the execution, deliver and performance by it of this Agreement does not contravene any provision of:
(a) any Law either in force, or enacted but not yet in force and binding on the Grant Recipient;
(b) the memorandum and articles of association of the ContractorGrant Recipient;
b(c) as at any order or decree of any court or arbitrator which is binding on the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this ContractGrant Recipient;
c(d) any obligation which is binding upon the Grant Recipient or upon any of its assets or revenues;
6.1.8 no claim is presently being asserted assessed and no litigation, arbitration arbitration, administrative or administrative proceeding is mediation proceedings are presently in progress or, to the best of its the knowledge and beliefof the Grant Recipient, pending or threatened against it or any of its assets which will or might have a material adverse effect on its the ability of the Grant Recipient to perform its obligations under the Contractthis Agreement;
d) 6.1.9 it is not subject to any contractual other obligation, compliance with which will or is likely to have a material adverse effect on its the ability of the Grant Recipient to perform its obligations under the Contractthis Agreement;
e) 6.1.10 no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledgethe knowledge of the Grant Recipient, are threatened) for the its winding up of the Contractor up, or for its dissolution or for the appointment of a receiver, administrative receiver, administrator, liquidator, manager, administrator trustee or similar officer or in relation to any of the Contractor‟s its assets or revenuerevenues;
f) 6.1.11 this Agreement will be in full force and effect and constitutes the valid, binding and enforceable obligations of the parties; and the Council relies upon such warranties and representations.
6.2 All warranties, representations, undertaking, indemnities and other obligations made, given or undertaken by the Grant Recipient in this Agreement are cumulative and none shall be given a limited construction by reference to any other.
6.3 The Grant Recipient warrants and represents that by entering into this Agreement it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of not committed any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;Prohibited Act.
Appears in 2 contracts
Warranties. 8.1 (a) The Contractor warrants, Recipient warrants and represents to the Department as at the date of this Agreement and undertakes for during the duration of the Contract Period Term that:
a(i) if the Recipient is a body corporate, it is duly incorporated and validly existing under the laws of the place of its incorporation;
(ii) it has full capacity and authority and all necessary consents (including where its procedures so require, the consent of its parent company) power to enter into and perform its obligations under this Agreement and to carry out the Contract Project;
(iii) entry into this Agreement, the performance of its obligations under this Agreement and that the Contract is executed by a duly authorised representative completion of the Contractortransactions contemplated by this Agreement have been duly authorised;
(iv) the Agreement is a valid and binding obligation enforceable according to its terms;
(v) neither the execution nor the performance of this Agreement has or will breach any provision of:
(A) a law or treaty or a judgment, decree, ruling, order or decree of a Government Agency binding on it; or
(B) any other document which is binding on it or its assets; and
(vi) the Recipient holds or will hold all approvals, licences, permits, registrations, agreements and consents required by Law or a Government Authority to undertake the Project, including in respect of land access, native title, heritage and environment, prior to commencing the Project.
(b) If the Proposal includes any ground-based or airborne geophysical surveys over or in respect of any Other Titles, the Recipient warrants and represents to the Department as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution date of this Contract;Agreement and during the Term that the Recipient has obtained the unconditional and irrevocable written consent of the holders of the Other Titles:
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatenedi) for the winding up relevant Third Party Service Provider to undertake the surveys and associated Raw Data processing and analysis as described in the Proposal; and
(ii) for the public release of the Contractor or for its dissolution or for Submission Items (to the appointment extent these contain Data collected in respect of a receiverthe relevant Other Titles) at the expiry of the Confidentiality Period in accordance with clause 5.6, administrative receiver, liquidator, manager, administrator or similar officer in relation to and acknowledgement from the holders of the Other Titles that they will not receive any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations Funding Amount under this Contract;Agreement or otherwise.
g(c) it has The Recipient must take all steps and will continue to have provide all necessary rights in information and documents with regard to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements warranties and representations as the Department may reasonably require and give the Department and its legal representatives such assistance and facilities as they may reasonably require to enable them to fully investigate the accuracy of the warranties and representations referred to in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;this clause.
Appears in 2 contracts
Samples: Funding Agreement, Funding Agreement
Warranties. 8.1 The Contractor warrants, represents Seller warrants to the Purchaser that on the date of this Agreement and undertakes for the duration of the Contract Period thatat Completion:
(a) it is and will be the sole legal and beneficial owner of the Seller Shares, the Shareholder Loan and the Shareholder Loan Notes;
(b) there is not and will be no Encumbrance effecting any of the Seller Shares;
(c) the Seller Shares constitute the whole of the Company’s allotted and issued share capital and are fully paid or credited as fully paid;
(d) other than this Agreement, there is no agreement, arrangement or obligation requiring the creation, allotment, issue, sale, transfer, redemption or repayment of, or the grant to a person of the right (conditional or not) to require the allotment, issue, sale, transfer, redemption or repayment of, any Seller Shares;
(e) other than the Shareholder Loan and any amounts owed under the Shareholder Loan Notes, there is no other indebtedness owed by the Target Group to the Seller, Terra Firma or any Related Person of either the Seller or Terra Firma;
(f) it is a company incorporated and validly existing under the laws of its jurisdiction of incorporation;
(g) it has full capacity the necessary power and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and perform this Agreement;
(h) this Agreement and the agreements to be entered into by it under this Agreement constitute (or will when executed constitute) binding and enforceable obligations on it in accordance with their respective terms and the completion of the transactions contemplated hereby have, where required, been duly and validly authorized by the Seller and no other proceedings or actions on the part of the Seller are required to authorise this Agreement or to complete the Proposed Transaction which has not been obtained at the date of this Agreement;
(i) the entering into and performance by it of its obligations under the Contract this Agreement and that the Contract all agreements to be entered into by it under this Agreement:
(i) will not result in a breach of, or constitute a default under, any agreement under which it enjoys rights or by which it is executed by a duly authorised representative of the Contractorbound;
b(ii) as will not result in a breach of any order, judgment or decree of any court or governmental, administrative or regulatory body or agency to which it is party or by which it is bound; or
(iii) save for the Merger Condition, will not require the Seller to obtain any consent or approval of, or give any notice to or make any registration with, any governmental, regulatory or other authority which has not been obtained or made at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution date of this ContractAgreement both on an unconditional basis and on a basis which cannot be revoked (save pursuant to any legal or regulatory entitlement to revoke the same other than by reason of any misrepresentation or misstatement);
c(j) no claim is being asserted order has been made, petition presented or resolution passed for its winding up, and no litigation, arbitration administrator or administrative proceeding is presently any receiver or manager has been appointed by any person in progress or, to the best respect of its knowledge and belief, pending it or threatened against it all or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) assets, and, so far as it is not subject to any contractual obligationaware, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken to initiate any such appointment and no voluntary arrangement has been proposed, and it has not discharged become subject to any analogous proceedings, appointments or arrangements under the laws of any applicable jurisdiction; and
(nor, to k) save in respect of the best holding companies incorporated in England and Wales in the PropCo Group (as defined in the Vendor Due Diligence Report) temporarily held by the Seller in 2007 as part of its knowledge, are threatened) the establishment of the PropCo Group and save for the winding up of Company and SubCo, the Contractor Seller does not have, and has never had, any other subsidiaries or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary subsidiary undertakings (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations such terms are defined in the Contractor's Response to Companies Act).
8.2 The Seller shall immediately notify the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that Purchaser as soon as it will advise the Authority becomes aware of any fact, matter or circumstance which is or may constitute a breach of which it may become aware clause 8.1 or which would render or might cause a warranty in clause 8.1 to be untrue, inaccurate or misleading if it was to be repeated at any time between the date of this Agreement and Completion.
8.3 Each Management Shareholder warrants to the Purchaser that:
(a) on the date of this Agreement and at Completion, he is and will be the sole legal and beneficial owner of the SubCo Shares set forth against his name in Schedule 1;
(b) on the date of this Agreement and at Completion, there is not and will be no Encumbrance effecting any of the SubCo Shares set forth against his name in Schedule 1; and
(c) he has the necessary power and authority to enter into and perform this Agreement.
8.4 Each Management Shareholder shall immediately notify the Purchaser as soon as he becomes aware of any fact, matter or circumstance which is or may constitute a breach of clause 8.3 or which would or might cause a warranty in clause 8.3 to be untrue, inaccurate or misleading if it was to be repeated at any time between the date of this Agreement and Completion.
8.5 On the date of this Agreement and at Completion each of the Purchaser and the Purchaser Guarantor warrants to each other party to this Agreement that:
(a) it is a company incorporated and validly existing under the laws of its jurisdiction of incorporation;
(b) the execution and delivery of this Agreement and the completion of the transactions contemplated hereby have, where required, been duly and validly authorised by the Purchaser and the Purchaser Guarantor and no other proceedings or actions on the part of the Purchaser or the Purchaser Guarantor are required to authorise this Agreement or to complete the Proposed Transaction;
(c) the obligations of the Purchaser and the Purchaser Guarantor in this Agreement and the completion of the Proposed Transaction hereby are enforceable in accordance with their terms;
(d) except for the requirement to satisfy the Merger Condition, the execution and delivery of, and the performance by the Purchaser and the Purchaser Guarantor of its obligations under this Agreement and as contemplated herein will not require the Purchaser or the Purchaser Guarantor to obtain any consent or approval of, or give any notice to or make any registration with, any governmental, regulatory or other authority which has not been obtained or made at the date of this Agreement both on an unconditional basis and on a basis which cannot be revoked (save pursuant to any legal or regulatory entitlement to revoke the same other than by reason of any misrepresentation or misstatement);
(e) no order has been made, petition presented or resolution passed for its winding up, and no administrator or any receiver or manager has been appointed by any person in respect of it or all or any of its assets, and, so far as it is aware, no steps have been taken to initiate any such statement appointment and no voluntary arrangement has been proposed, and it has not become subject to any analogous proceedings, appointments or representation arrangements under the laws of any applicable jurisdiction;
(f) it is not aware of any claim against the Seller for a breach of any of the warranties given by the Seller in this Agreement, or against any Management Shareholder for a breach of:
(i) any of the warranties given by them in this Agreement; or
(ii) any of the Warranties;
(g) the Purchaser and/or the Purchaser Guarantor has access to funds or rights to access funds that will at Completion provide funds sufficient to enable it to satisfy in full its payment obligations under this Agreement;
(h) the issuance of the Consideration Shares to be false delivered by AMC to the Seller hereunder has been duly authorized by all necessary corporate action on the part of AMC and, when issued pursuant to the terms of this Agreement, the Consideration Shares will be validly issued, fully paid, nonassessable, owned of record by the Seller, free of any Encumbrance other than any Encumbrances which may be created by the Seller, and beneficially held by the Seller subject to any action taken by the Seller to Dispose of such beneficial title. The Consideration Shares will be issued in compliance with all applicable securities laws and other applicable laws of the United States and without contravention of any other person’s rights therein or with respect thereto. Subject to restrictions provided under applicable law, the Seller will receive good and valid title to the Consideration Shares;
(i) AMC has filed with and furnished to the U.S. Securities and Exchange Commission (the “SEC”) all reports, schedules, forms, certifications, prospectuses and registration, proxy and other statements required to be filed with or furnished to the SEC required to be filed or furnished by it since January 1, 2014 (collectively, the “AMC Reports”). As of their respective effective dates (in the case of AMC Reports that are registration statements filed pursuant to the requirements of applicable securities laws) and as of their respective SEC filing dates (in the case of all other AMC Reports), and, if amended, as of the date of the last such amendment, the AMC Reports complied in all material respects with the requirements of the securities laws applicable to such AMC Reports, and none of the AMC Reports as of such respective dates and, if amended, as of the date of the last such amendment, contained any untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading;. As of the date of this Agreement, there are no outstanding or unresolved comments received from the SEC or its staff with respect to the AMC Reports; and
(j) the authorized capital stock of AMC consists of 650,000,000 shares, consisting of (i) 524,173,073 shares of Class A Common Stock, par value $0.01 per share (the “Class A Common Stock”), (ii) 75,826,927 shares of Class B Common Stock, par value $0.01 per share (the “Class B Common Stock”, together with the Class A Common Stock, the “Common Stock”), and (iii) 50,000,000 shares of Preferred Stock, par value $0.01 per share (the “Preferred Stock”). As of June 30, 2016, (i) 21,650,301 shares of Class A Common Stock were issued and 21,613,532 shares were outstanding, (ii) 75,826,927 shares of Class B Common Stock were issued and outstanding, (iii) 36,769 shares of Class A Common Stock were held by AMC in its treasury, (iv) no shares of Class B Common Stock were held by AMC in its treasury, (v) no shares of Preferred Stock were issued and outstanding, (vi) 753,348 shares of Class A Common Stock were subject to or otherwise deliverable in connection with vested restricted stock units, and (vii) 615,207 shares of Class A Common Stock were subject to or otherwise deliverable in connection with unvested restricted stock units assuming such units were to vest at 100% of the applicable service and performance targets.
8.6 The Purchaser and/or the Purchaser Guarantor shall immediately notify the Seller as soon as it becomes aware of any breach of clause 8.5. Upon receipt of any notice notifying the Seller of any breach of clause 8.5(g), the Seller shall have available to it the rights set out in clauses 6.4(a) to 6.4(c).
Appears in 2 contracts
Samples: Share Purchase Agreement, Share Purchase Agreement (Amc Entertainment Holdings, Inc.)
Warranties. 8.1 3.1 The Contractor warrants, Authority represents and undertakes for the duration of the Contract Period warrants that:
(a) it has full capacity and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and to perform this Agreement;
(b) this Agreement is executed by its duly authorised representative;
(c) there are no actions, suits or proceedings or regulatory investigations before any court or administrative body or arbitration tribunal pending or, to its knowledge, threatened against it that might affect its ability to perform its obligations under this Agreement; and
(d) its obligations under this Agreement constitute its legal, valid and binding obligations, enforceable in accordance with their respective terms subject to applicable bankruptcy, reorganisation, insolvency, moratorium or similar Laws affecting creditors’ rights generally and subject, as to enforceability, to equitable principles of general application (regardless of whether enforcement is sought in a proceeding in law).
3.2 The Supplier represents and warrants that:
(a) it is validly incorporated, organised and subsisting in accordance with the Contract Laws of its place of incorporation;
(b) it has full capacity and that the Contract authority to enter into and to perform this Agreement;
(c) this Agreement is executed by a its duly authorised representative of the Contractorrepresentative;
b(d) as at it has all necessary consents and regulatory approvals to enter into this Agreement;
(e) it has notified the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed Authority in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigationany actions, arbitration suits or proceedings or regulatory investigations before any court or administrative proceeding is presently in progress body or arbitration tribunal pending or, to the best of its knowledge and beliefknowledge, pending or any threatened against it or any of its assets which will or Affiliates that might have a material adverse effect on affect its ability to perform its obligations under the Contractthis Agreement;
d(f) its execution, delivery and performance of its obligations under this Agreement will not constitute a breach of any Law or obligation applicable to it and will not cause or result in a default under any agreement by which it is bound;
(g) its obligations under this Agreement constitute its legal, valid and binding obligations, enforceable in accordance with their respective terms subject to applicable bankruptcy, reorganisation, insolvency, moratorium or similar Laws affecting creditors’ rights generally and subject, as to enforceability, to equitable principles of general application (regardless of whether enforcement is sought in a proceeding in law);
(h) all written statements and representations in any written submissions made by the Supplier as part of the procurement process, including without limitation its response to the selection questionnaire and ITT (if applicable), its tender and any other documents submitted remain true and accurate except to the extent that such statements and representations have been superseded or varied by this Agreement or to the extent that the Supplier has otherwise disclosed to the Authority in writing prior to the date of this Agreement;
(i) it has notified the Authority in writing of any Occasions of Tax Non- Compliance and any litigation in which it is involved that is in connection with any Occasion of Tax Non-Compliance;
(j) it has all necessary rights in and to the Licensed Software, the Third Party IPRs, the Supplier Background IPRs and any other materials made available by the Supplier (and/or any Sub-contractor) to the Authority which are necessary for the performance of the Supplier’s obligations under this Agreement and/or the receipt of the Services by the Authority;
(k) the Contract Inception Report is a true and accurate reflection of the Costs and Supplier Profit Margin forecast by the Supplier and the Supplier does not have any other internal financial model in relation to the Services inconsistent with the Financial Model;
(l) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contractthis Agreement;
e(m) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor Supplier or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s Supplier’s assets or revenue;; and
f(n) within the previous 12 months, no Financial Distress Events have occurred or are subsisting (or any events that would be deemed to be Financial Distress Events under this Agreement had this Agreement been in force) and there are currently no matters that it has is aware of that could cause a Financial Distress Event to occur or subsist.
3.3 The representations and will continue warranties set out in Clause 3.2 shall be deemed to hold all necessary be repeated by the Supplier on the Effective Date (if anylater than the date of signature of this Agreement) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and by reference to the Intellectual Property Rights facts then existing.
3.4 Each of the representations and warranties set out in all materials used Clauses 3.1 and 3.2 shall be construed as a separate representation and warranty and shall not be limited or restricted by reference to, or inference from, the terms of any other representation, warranty or any other undertaking in this Agreement.
3.5 If at any time a Party becomes aware that a representation or warranty given by it under Clause 3.1 or 3.2 has been breached, is untrue or is misleading, it shall immediately notify the other Party of the relevant occurrence in sufficient detail to enable the other Party to make an accurate assessment of the situation.
3.6 For the avoidance of doubt, the fact that any provision within this Agreement is expressed as a warranty shall not preclude any right of termination which the Authority may have in respect of breach of that provision by the Contractor for the purpose of providing the Services and/or delivered Supplier.
3.7 Except as expressly stated in this Agreement, all warranties and conditions whether express or implied by statute, common law or otherwise are hereby excluded to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;extent permitted by Law.
Appears in 2 contracts
Warranties. 8.1 The Contractor warrants, (a) Anchor represents and undertakes for the duration of the Contract Period warrants to Distributor that:
a(i) it has full capacity Registration Statements on Form N-4 (and, if applicable, Form S-1) for each of the Contracts identified on Attachment A have been filed with the Commission in the form previously delivered to the Distributor and authority that copies of any and all amendments thereto will be forwarded to the Distributor at the time that they are filed with the Commission;
(ii) The Registration Statement and any further amendments or supplements thereto will, when they become effective, conform in all material respects to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, and the rules and regulations of the Commission under such Acts, and will not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary consents to make the statements therein not misleading; provided, however, that this representation and warranty shall not apply to any statement or omission made in reliance upon and in conformity with information furnished in writing to Anchor by the Distributor expressly for use therein;
(including where its procedures so requireiii) Anchor is validly existing as a stock life insurance company in good standing under the laws of the state of Arizona, the consent of its parent companywith power (corporate or otherwise) to enter into own its properties and perform conduct its obligations business as described in the Prospectus, and has been duly qualified for the transaction of business and is in good standing under the Contract and that the Contract is executed by a duly authorised representative laws of the Contractoreach other jurisdiction, or conducts any business, so as to require such qualification;
b(iv) The Contracts to be issued through the Separate Account and offered for sale by the Distributor on behalf of Anchor hereunder have been duly and validly authorized and, when issued and delivered against payment therefor as at provided herein, will be duly and validly issued and will conform to the Commencement Date, all information description of such Contracts contained in the Tender remains true, accurate Prospectuses relating thereto;
(v) Those persons who offer and not misleading, save sell the Contracts are to be appropriately licensed in a manner as may have been specifically disclosed in writing to comply with the Authority prior to execution state insurance laws;
(vi) The performance of this Contract;
c) no claim Agreement and the consummation of the transactions contemplated by this Agreement will not result in a breach or violation of any of the terms and provisions of, or constitute a default under any statute, any indenture, mortgage, deed of trust, note agreement or other agreement or instrument to which Anchor is being asserted and no litigationa party or by which Anchor is bound, arbitration Anchor's Charter as a stock life insurance company or administrative proceeding is presently in progress orBy-laws, to the best or any order, rule or regulation of its knowledge and belief, pending any court or threatened against it governmental agency or body having jurisdiction over Anchor or any of its assets properties; and no consent, approval, authorization or order of any court or governmental agency or body is required for the consummation by Anchor of the transactions contemplated by this Agreement, except such as may be required under the Securities Exchange Act of 1934 or state insurance or securities laws in connection with the distribution of the Contracts by the Distributor; and
(vii) There are no material legal or governmental proceedings pending to which will Anchor or might the Separate Account is a party or of which any property of Anchor or the Separate Account is the subject, other than as set forth in the Prospectus relating to the Contracts, and other than litigation incident to the kind of business conducted by Anchor, if determined adversely to Anchor, would individually or in the aggregate have a material adverse effect on its ability the financial position, surplus or operations of Anchor.
(b) The Distributor represents and warrants to perform its obligations under the ContractAnchor that;
d(i) it It is not subject a broker-dealer duly registered with the Commission pursuant to any contractual obligationthe Securities Exchange Act of 1934 and a member in good standing of the National Association of Securities Dealers, Inc., and is in compliance with the securities laws in those states in which is likely to have it conducts business as a material adverse effect on its ability to perform its obligations under the Contractbroker-dealer;
e(ii) no proceedings or other steps have been taken The performance of this Agreement and not discharged (nor, to the best of its knowledge, are threatened) for the winding up consummation of the Contractor transactions herein contemplated will not result in a breach or for its dissolution or for the appointment violation of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets terms or revenue;provisions of or constitute a default under any statute, any indenture, mortgage, deed of trust, note agreement or other agreement or instrument to which the Distributor is a party or by which the Distributor is bound, the Certificate of Incorporation or By-laws of the Distributor, or any order, rule or regulation of any court or governmental agency or body having jurisdiction over the Distributor or its property; and
f(iii) it has To the extent that any statements or omissions made in the Registration Statement, or any amendment or supplement thereto are made in reliance upon and in conformity with written information furnished to Anchor by the Distributor expressly for use therein, such Registration Statement and any amendments or supplements thereto will, when they become effective or are filed with the Commission, as the case may be, conform in all material respects to the requirements of the Securities Act of 1933 and the rules and regulations of the Commission thereunder and will continue not contain any untrue statement of a material fact or omit to hold all necessary (if any) regulatory approvals from the Regulatory Bodies state any material fact required to be stated therein or necessary to perform make the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or therein not misleading;.
Appears in 2 contracts
Samples: Distribution Agreement (Variable Annuity Account Seven), Distribution Agreement (Anchor National Life Insurance Co)
Warranties. 8.1 The Contractor warrantsrepresents, represents warrants and undertakes covenants that:
8.3.1 The Person executing this Contract for the duration Contractor is an authorized agent who has actual authority to bind the Contractor to each and every term, condition, and obligation of this Contract and that all actions required of the Contractor to provide such actual authority have been fulfilled.
8.3.2 The Services will be performed in a professional, competent, and timely manner by appropriately qualified Contractor personnel in accordance with this Contract and consistent with industry best practices.
8.3.3 The VSAP Solution shall conform to the Specifications and requirements set forth in this Contract without material deviations for the period commencing upon the effective date of the Contract Period that:and continuing through the expiration or termination of Maintenance and Support Services Period. Contractor shall institute quality controls, including suitable testing procedures if any, to ensure that the VSAP Solution complies with the Specifications in a manner consistent with the highest applicable industry standards. Upon the County's reasonable request, the County shall have the right to review Contractor's quality controls in order to verify and/or improve the quality of the VSAP Solution. This right of review includes the right to verity that there is no existing pattern or repetition of customer complaints regarding the VSAP Solution, including functionality or performance issues, and that Contractor’s engineers have not currently identified any
a) 8.3.4 That Contractor shall not negligently cause any unplanned interruption of the operations of, or accessibility to the VSAP Solution or any component through any device, method, or means including, without limitation, the use of any “virus,” “lockup,” “time bomb,” “key lock,” “worm,” “back door,” or “Trojan Horse” device or program, or any disabling code, which has the potential or capability of compromising the security of County’s Confidential Information or of causing any unplanned interruption of the operations of, or accessibility of the VSAP Solution or any component to the County or any user or which could alter, destroy, or inhibit the use of the VSAP Solution or any component, or the data contained therein (collectively, “Disabling Device[s]”), which could block access to or prevent the use of the VSAP Solution or any component by the County or users. Contractor represents, warrants, and agrees that it has full capacity not purposely placed, nor is it aware of, any Disabling Device in any VSAP Solution component provided to the County under this Contract, nor shall Contractor knowingly permit any subsequently delivered or provided VSAP Solution component to contain any Disabling Device. In addition, Contractor shall prevent viruses from being incorporated or introduced into the VSAP Solution or Updates thereto prior to the installation onto the VSAP Solution and authority and all necessary consents (including where its procedures so require, shall prevent any viruses from being incorporated or introduced in the consent process of its parent company) to enter into and perform its obligations under Contractor’s performance of on-line support.
8.3.5 That the Contract and that the Contract is executed by a duly authorised representative Contractor designed or developed components of the Contractor;
b) as at VSAP Solution and approved Contractor Pre-existing Materials will not infringe the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution Intellectual Property rights of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to any third-party. To the best of its Contractor’s knowledge and beliefsubject to Section 8.23.2, any Third-Party Intellectual Property required by, incorporated in, or integrated into the VSAP Solution will not infringe the Intellectual Property rights of any third-party.
8.3.6 There is no pending or threatened against it or any of its assets which will or might litigation that would have a material adverse effect impact on its ability to perform its obligations performance under the Contract;
d) it is not subject to any contractual obligation. In addition, compliance with which is likely to have Contractor also represents and warrants that based on pending actions, claims, disputes, or other information, Contractor has no knowledge of a material adverse effect on its ability failure of the VSAP Solution to perform its obligations in accordance with the Specifications.
8.3.7 To the extent permissible under the Contract;
e) no proceedings or other steps have been taken applicable third-party Contracts, Contractor hereby assigns and not discharged (nor, agrees to deliver to the best of County all representations and warranties received by Contractor from its knowledgethird-party licensors and suppliers, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;including hardware vendors.
Appears in 2 contracts
Samples: Contract for Voting Solutions Implementation and Support Services, Contract
Warranties. 8.1 10.1. The Contractor warrants, represents and undertakes for Supplier warrants to the duration of the Contract Period that:Customer that:
(a) it has full capacity all authorisations from all relevant third parties to enable it to supply the Goods without infringing any applicable law, regulation, code or practice or any third party’s rights and authority has all necessary internal authorisations to approve the execution and performance under the Agreement and/or any Contract and will produce evidence of that action to the Customer on its request;
(b) it will ensure that the Customer is made aware of all relevant requirements of any applicable law, regulation or code of practice which applies or is relevant to the supply of the Goods to the Customer;
(c) information in written or electronic format supplied by, or on behalf of, the Supplier to the Customer at any stage during the tender process, the negotiation process, the due diligence process or the term of the Agreement was complete and accurate in all material respects at the time it was supplied, and any amendments or changes to the previously supplied information will be provided to the Customer without delay;
(d) the Supplier, and all necessary consents (including where its procedures so require, the consent of its parent companydirectors, officers, employees, affiliates, agents, suppliers and subcontractors, are not themselves, and are not or owned or controlled by any party that is, targeted by any Sanctions and Export Control Laws;
(e) and the Supplier is not aware of, and does not have any reason to enter into suspect, any breach of Clause 12, and perform it is not aware and does not have any reason to suspect that performance of this Contract would put either party at risk of breaching any Sanctions and Export Control Laws;
(f) it will not and will procure that none of its obligations under the Contract and that the Contract is executed by a duly authorised representative employees will accept any commission, gift, inducement or other financial benefit from any supplier or potential supplier of the Contractor;Customer; and
b(g) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best none of its knowledge and belief, pending directors or threatened against it officers or any of its assets which will the employees of the Supplier has any interest in any other supplier or might have potential supplier of the Customer or is a material adverse effect on its ability to perform its obligations under party to, or are otherwise interested in, any other transaction or arrangement with the Contract;Customer.
d) it is not subject to 10.2. In case of any contractual obligation, compliance with which is situation constituting or likely to have lead to a material adverse effect on its ability to perform its obligations under breach of a warranty in Clause 10.1 during the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up term of the Contractor or for its dissolution or for Agreement, the appointment Supplier shall:
(a) notify the Customer in writing and without delay of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authoritysuch breach; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;and
Appears in 2 contracts
Samples: Framework Agreement, Framework Agreement
Warranties. 8.1 5.1 The Contractor warrants, represents and undertakes for Seller warrants to the duration of the Contract Period Purchaser that:
(a) it has full capacity the Seller is a corporation validly existing under the laws of Belize with the requisite power and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and perform perform, and has taken all necessary corporate action to authorise the execution and performance of, its obligations under the Contract this deed;
(b) this deed constitutes valid and that the Contract is executed by a duly authorised representative binding obligations of the ContractorSeller;
b(c) other than as at contemplated by this deed, no notices, reports or filings are required to be made by the Commencement DateSeller in connection with the transactions contemplated by this deed, all information contained nor are any consents, approvals, registrations, authorisations or permits required to be obtained by the Seller in connection with the execution and performance of this deed;
(d) on Completion there is no option, right to acquire, mortgage, charge, pledge, lien or other form of security or encumbrance on, over or affecting any of the Shares and there is no agreement or commitment to give or create any of the foregoing; and
(e) the Seller is entitled to transfer or procure the transfer of the full legal and beneficial ownership in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing Shares to the Authority prior to execution of Purchaser on the terms set out in this Contract;deed.
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, 5.2 The Purchaser warrants to the best of its knowledge Seller that:
(a) the Purchaser has the requisite power and beliefauthority to enter into and perform, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability and has taken all necessary action to perform authorise the execution and performance of, its obligations under the Contractthis deed;
d(b) it this deed constitutes valid and binding obligations of the Purchaser; and
(c) other than as contemplated by this deed, no notices, reports or filings are required to be made by the Purchaser in connection with the transactions contemplated by this deed, nor are any consents, approvals, registrations, authorisations or permits required to be obtained by the Purchaser in connection with the execution and performance of this deed.
5.3 Each of the Warranties set out in clauses 5.1 and 5.2 is separate and independent and, except as expressly provided to the contrary in this deed, is not subject limited by reference to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings other paragraph of that schedule or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer by anything in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;deed.
Appears in 2 contracts
Samples: Share Purchase Agreement (Carlisle Holdings LTD), Share Purchase Agreement (Carlisle Holdings LTD)
Warranties. 8.1 The Contractor warrants, (a) Anchor represents and undertakes warrants to Distributor that: (i) Registration Statements on Form N-4 for the duration each of the Contract Period that:
a) it has full capacity contracts identified on Attachment A have been filed with the Commission in the form previously delivered to Distributor and authority that copies of any and all necessary consents amendments thereto will be forwarded to Distributor at the time that they are filed with the Commission;
(including where its procedures so requireii) The Registration Statement and any further amendments or supplements thereto will, when they become effective, conform in all material respects to the consent of its parent company) to enter into and perform its obligations under the Contract and that the Contract is executed by a duly authorised representative requirements of the ContractorSecurities Act of 1933 and the Investment Company Act of 1940, and the rules and regulations of the Commission under such Acts, and will not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that this representation and warranty shall not apply to any statement or omission made in reliance upon and in conformity with information furnished in writing to Anchor by Distributor expressly for use therein;
b(iii) Anchor is validly existing as at a stock life insurance
(iv) The Contracts to be issued through the Commencement DateSeparate Account and offered for sale by Distributor on behalf of Anchor hereunder have been duly and validly authorized and, all information when issued and delivered against payment therefor as provided herein, will be duly and validly issued and will conform to the description of such Contracts contained in the Tender remains true, accurate Prospectuses relating thereto;
(v) Those persons who offer and not misleading, save sell the Contracts are to be appropriately licensed in a manner as may have been specifically disclosed in writing to comply with the Authority prior to execution state insurance laws;
(vi) The performance of this Contract;
c) no claim Agreement and the consummation of the transactions contemplated by this Agreement will not result in a breach or violation of any of the terms or provisions of, or constitute a default under any statute, any indenture, mortgage, deed of trust, note agreement or other agreement or instrument to which Anchor is being asserted and no litigationa party or by which Anchor is bound, arbitration Anchor's Charter as a stock life insurance company or administrative proceeding is presently in progress orBy-laws, to the best or any order, rule or regulation of its knowledge and belief, pending any court or threatened against it governmental agency or body having jurisdiction over Anchor or any of its assets which will properties; and no consent, approval, authorization or might have a material adverse effect on its ability to perform its obligations order of any court or governmental agency or body is required for the consummation by Anchor of the transactions contemplated by this Agreement, except such as may be required under the ContractSecurities Exchange Act of 1934 or state insurance or securities laws in connection with the distribution of the Contracts by Distributor; and
(vii) There are no material legal or governmental proceedings pending to which Anchor or the Separate Account is a party or of which any property of Anchor or the Separate Account is the subject, other than as set forth in the Prospectus relating to the Contracts, and other than litigation incident to the kind of business conducted by Anchor, if
(b) Distributor, jointly and severally, represent and warrant to Anchor that:
(i) It is a broker-dealer duly registered with the Commission pursuant to the Securities Exchange Act of 1934 and a member in good standing of the National Association of Securities Dealers, Inc., and is in compliance with the securities laws in those states in which it conducts business as a broker-dealer;
d(ii) it is not subject It shall permit the offer and sale of Contracts to any contractual obligation, compliance with which is likely the public only by and through persons who are appropriately licensed under both the securities laws and state insurance laws and who are appointed in writing by Anchor to have a material adverse effect on its ability to perform its obligations under the Contractbe authorized insurance agents;
e(iii) no proceedings or other steps have been taken The performance of this Agreement and not discharged (nor, to the best of its knowledge, are threatened) for the winding up consummation of the Contractor transactions herein contemplated will not result in a breach or for its dissolution or for the appointment violation of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets terms or revenue;provisions of or constitute a default under any statute, any indenture, mortgage, deed of trust, note agreement or other agreement or instrument to which either Distributor is a party or by which either Distributor is bound, the Certificate of Incorporation or By-laws of either Distributor, or any order, rule or regulation of any court or governmental agency or body having jurisdiction over either Distributor or its property; and
f(iv) it has To the extent that any statements or omissions made in the Registration Statement, or any amendment or supplement thereto are made in reliance upon and in conformity with written information furnished to Anchor by Distributor expressly for use therein, such Registration Statement and any amendments or supplements thereto will, when they become effective or are filed with the Commission, as the case may be, conform in all material respects to the requirements of the Securities Act of 1933 and the rules and regulations of the Commission thereunder and will continue not contain any untrue statement of a material fact or omit to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of state any fact, matter or circumstance of which it may become aware which would render any such statement or representation material fact required to be false or misleading;stated therein
Appears in 2 contracts
Samples: Distribution Agreement (Anchor National Life Insurance Co), Distribution Agreement (Variable Separate Account of Anchor National Life Insur Co)
Warranties. 8.1 The Contractor warrantsEach Party (a “Relevant Party”) represents, represents warrants and undertakes for covenants to each other Party that: the duration Relevant Party is duly incorporated, validly existing and in good standing order under the law of its jurisdiction of incorporation; the Contract Period that:
a) it Relevant Party has the full capacity power and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and perform its obligations under this Agreement; this Agreement constitutes binding obligations on the Contract Relevant Party in accordance with its terms, subject to any principles of equity or insolvency law; other than as expressly stated in this Agreement, the Relevant Party has obtained all applicable corporate approvals, licenses, waivers or exemptions as required under its constitutional documents, applicable law, and as required by any Government Authority to empower it to enter into and perform its obligations under this Agreement. Warranties given by the Customer it has title to or a valid and ongoing lease for the Premises; it has the full right, power and authority to grant the license to the Solar Service Company and its employees, agents and Subcontractors pursuant to Clause 20 and grant of such license is not inconsistent with and will not result in a breach or default under any agreement by which the Customer is bound or that affects the Contract is executed by a duly authorised representative Premises; if the Customer does not own the Premises, it has obtained all required consents from the owner of the Contractor;
b) as at Premises to have the Commencement Date, all information contained in Solar PV System installed on the Tender remains true, accurate Site and not misleading, save as may have been specifically disclosed in writing to grant the license to the Authority prior Solar Service Company and its employees, agents and Subcontractors pursuant to execution Clause 20 and enter into and perform its obligations under this Agreement; it will not violate any provision of this Contract;
c) no claim is being asserted and no litigationLaws, arbitration order, judgment, or administrative proceeding is presently violate any provision in progress orany formation documents of Customer, to the best violation of its knowledge and belief, pending or threatened against it or any of its assets which will or might could have a material adverse effect on its the ability of Customer to perform its obligations under this Agreement; it shall ensure to maintain its valid title to or rights as lessee of the Contract;
d) it is not subject Premises, as the case may be, throughout the Term, including by paying any relevant fees to any contractual obligationGovernmental Authorities and/or fees, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (norincluding rental, to the best of its knowledge, are threatened) for the winding up owner of the Contractor or for its dissolution or for the appointment of a receiverPremises, administrative receiveras applicable, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has as and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;when due.
Appears in 2 contracts
Samples: Rooftop Solar Pv Power Purchase Agreement, Rooftop Solar Pv Power Purchase Agreement
Warranties. 8.1 The Contractor Applicant warrants, undertakes and represents that: it has all necessary resources and undertakes for expertise to deliver the duration Project (assuming due receipt of the Contract Period that:
a) Grant); it has full capacity and authority not committed, nor shall it commit, any Prohibited Act; it shall at all times comply with all Applicable Laws and all necessary consents (including where its procedures so requireapplicable codes of practice and other similar codes or recommendations, and shall notify the consent Funder immediately of its parent company) to enter into and perform its obligations under any significant departure from such legislation, codes or recommendations; it shall comply with the Contract and that the Contract is executed by a duly authorised representative requirements of the Contractor;
b) as Health and Safety at Work etc. Xxx 0000 and any other acts, orders, regulations and codes of practice relating to health and safety, which may apply to employees and other persons working on the Commencement DateProject; it has and shall keep in place adequate procedures for dealing with any conflicts of interest; it has and shall keep in place systems to deal with the prevention of fraud and/or administrative malfunction; all financial and other information concerning the Applicant, all information contained in and the Tender remains trueProject, accurate and not misleading, save as may have which has been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim Funder is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and beliefbelief true, complete and accurate and no change has occurred since the date on which the same was supplied to the Funder which renders the same untrue or misleading in any respect; it is not subject to any contractual or other restriction imposed by its own or any other organisation's rules or regulations or otherwise which may prevent or materially impede it from meeting its obligations in connection with the Grant; it is not aware of anything in its own affairs, which it has not disclosed to the Funder or any of the Funder's advisers, which might reasonably have influenced the decision of the Funder to make the Grant on the terms contained in this Agreement; since the date of its last accounts there has been no material change in its financial position or prospects; no other public financial assistance (including European Grant Funding) has been received or will be received by the Applicant for the Project and the Applicant shall immediately inform the Funder in the event of such assistance being received. it shall notify the Funder as soon as practical and in any event within 2 Working Days of becoming aware that the ownership (including beneficial ownership) or control of the Applicant and/or the Guarantor (including control of the Board of Directors) is likely to change and shall keep the Funder notified of any events in connection with a change in ownership or control of the Applicant and/or the Guarantor; the Applicant has full power to enter into and perform the obligations set out in this Agreement; and the execution of this Agreement by the Applicant has been validly authorised and the obligations expressed as being assumed by the Applicant under this Agreement constitute valid legal and binding obligations of the Applicant which are enforceable against the Applicant; the Applicant is not in default under any law or enactment or under any deed, agreement or other instrument or obligation by which it is bound so as to affect adversely its ability to perform its obligations under this Agreement; it has and will continue to have all consents, licences, rights and approvals required in connection with the execution, delivery, issue, validity or enforceability of this Agreement; no civil or criminal litigation or administrative or arbitration proceeding before any court, tribunal, government authority or arbitrator or regulatory investigation or procedure is presently taking place, pending or (to the knowledge, information and belief of the Applicant) threatened against, or against it or any of its the assets of, the Applicant which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligationbusiness, compliance with which is likely to have a material adverse effect on assets, condition or operations or might affect adversely its ability to perform its respective obligations under this Agreement; neither it nor any member of its group is subject to an outstanding recovery order following a European Commission Decision declaring an aid illegal and incompatible with the Contract;
e) Common Market; the Applicant has disclosed in writing to the Funder all information which would or might reasonably be thought to influence the Funder in awarding and/or paying any funding to the Applicant or the amount thereof; no proceedings person having any charge, lien, encumbrance or other steps have been taken and not discharged (nor, to form of security over the best Premises or any other assets of the Applicant has enforced or given notice of its knowledgeintention to enforce such security nor has the Applicant done or omitted to do anything which would or might reasonably be expected to cause any person to enforce or exercise its rights to enforce such security; the Applicant is not aware, are threatened) for after due diligent and careful enquiry, of anything which materially threatens the winding up success or successful completion of the Contractor or for its dissolution or Project; it shall be responsible for the appointment and management of a receiver, administrative receiver, liquidator, manager, administrator or similar officer the Project team and the main contractor to carry out the conversion and refurbishment works on the Project; AND the Applicant shall carry out all Project activities in relation to accordance with the Grant Application and as set out in this Agreement. Where any of the Contractor‟s assets or revenue;
f) it has warranties, undertakings and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights representations in and to the Intellectual Property Rights clause 16.1 are given in all materials used by the Contractor for the purpose respect of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at a state of affairs, they shall be deemed given on the Commencement Date all statements and representations in will be deemed to be repeated by the Contractor's Response Applicant when each claim for an instalment of funding is submitted, as if made with reference to the Invitation facts and circumstances existing at such date. No disclaimer or other statement that precludes the right of any person to Tender are reply upon the Financial Due Diligence Report or any other document or information submitted to the best Funder in accordance with the Project shall apply with respect to the Funder or affect the Funder's right to enforce any provision of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;Agreement.
Appears in 2 contracts
Samples: Grant Agreement, Grant Agreement
Warranties. 8.1 The Contractor warrants(1) By the delivery and sale of each such Installment Sales Contract under the provisions of Section 3.02 or Section 3.03, represents and undertakes for the duration of the Contract Period Cooperative warrants to Statesman that:
(a) it It has good title to such Installment Sales Contract or is authorized to obtain payment on behalf of one who has good title and the sale and transfer thereof are otherwise rightful;
(b) Each such Installment Sales Contract is a binding obligation arising from the sale of merchandise by a Retail Service in the ordinary course of business as described in the contract to a person or entity specified therein as the obligor and constitutes the valid and legally binding obligation of such obligor enforceable in accordance with its terms; such contract states the full capacity agreement of the parties and authority arises out of legally sufficient consideration;
(c) All signatures on such Installment Sales Contract are genuine or authorized and all necessary consents obligors thereon have the capacity to execute such contract;
(including where its procedures so required) Such Installment Sales Contract has not been materially altered;
(e) No obligor on such Installment Sales Contract has any defense, set off or counterclaim against the consent of its parent companyCooperative which is good against it;
(f) to enter into and perform its obligations under the Contract and that the Contract is executed by a duly authorised representative The conduct of the ContractorCooperative in making the sale out of which each contract arose was in all material respects in compliance with all applicable laws and was not induced by fraud, false or misleading representations or any other manner of unfair or deceptive trade practices or other unlawful conduct;
b(g) as at All credit information concerning the Commencement Dateobligors on such contracts was obtained and recorded in strict compliance with all applicable state and federal laws, and the Cooperative has no reason to believe that any such information is false, misleading or incomplete in any respect;
(h) All current credit information with respect to such obligors has been accurately reported to Statesman;
(i) The Installment Sales Contract forms provided by Statesman have not been altered, modified or supplemented in any respect;
(j) All information required to be disclosed in such forms has been accurately recorded therein and the Cooperative has complied with the Truth-in- Lending Act and all information other applicable disclosure laws, federal and state;
(k) No fee has been charged with respect to any contract and no such contract includes any deferred payment price or other charge which violates any applicable usury law or consumer protection law;
(l) Such Installment Sales Contract contains all of the terms and conditions of the agreement between the Cooperative and the obligors with respect to such purchase and the Cooperative has not entered into any other agreement with any obligor with respect to such contract and has not waived or agreed to waive any term or condition contained in the Tender remains true, accurate form or taken any other action which might result in any constructive or implied waiver or modification thereof;
(m) Each down payment shown in each Installment Sales Contract has actually been received in cash from the obligors or a person paying such amount on behalf of the obligors and not misleading, save as may no part thereof has been directly or indirectly advanced by the Cooperative;
(n) Each trade-in shown in each Installment Sales Contract has actually been delivered to the Cooperative and the amount recorded in the contract accurately reflects the agreed value thereof;
(o) All aspects of the sale have been specifically disclosed in writing to strict compliance with all applicable consumer protection acts and regulations, including without limitation the Authority prior to execution of this ContractTruth-in-Lending Act, the Equal Credit Opportunity Act and any applicable state law;
c(p) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might All applicants for credit have a material adverse effect on its ability to perform its obligations under the Contractbeen given all notices required by applicable law;
d(q) it The Cooperative has no knowledge of any insolvency proceeding involving any party obligated on such Installment Sales Contract; and
(r) Such Installment Sales Contract is not subject to any contractual obligationclaim, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings lien, security interest, charge or other steps have been taken encumbrance in favor of any one other than the Cooperative and Statesman, and the Cooperative has not discharged (nor, to the best of its knowledge, are threatened) offered such Contract for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation sale to any of the Contractor‟s assets or revenue;purchaser other than Statesman.
f(2) The Cooperative further represents and warrants that it has is and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as shall be solvent at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best time of its knowledge, information and belief, true and accurate and that it will advise the Authority each sale of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;Installment Sales Contract.
Appears in 2 contracts
Samples: Financing Services and Contributed Capital Agreement (Southern States Cooperative Inc), Financing Services and Contributed Capital Agreement (Southern States Capital Trust Ii)
Warranties. 8.1 9.1 The Contractor warrants, represents and undertakes for the duration of the Contract Period Client warrants that:
a) it has the full capacity and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and perform its obligations under the Contract this agreement and that the Contract this agreement is executed by a duly authorised representative of the ContractorClient;
b) it has the authority to grant any rights to be granted to the Supplier under this agreement, including the right to provide the Software and Hardware to the Supplier as at indicated in this agreement and for the Commencement Date, all information contained same to be used in the Tender remains true, accurate provision of the Managed Services and not misleading, save as may have been specifically disclosed otherwise in writing to the Authority prior to execution of connection with this Contractagreement;
c) no claim is being asserted it will comply with and no litigationuse the Managed Services in accordance with the terms of this agreement and all applicable laws, arbitration and shall not do any act that shall infringe the rights of any third party including the publishing or administrative proceeding is presently in progress or, transmission of any materials contrary to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contractrelevant laws;
d) it is not subject owns or has obtained valid licences, consents, permissions and rights to use, and where necessary to license to the Supplier, any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform materials reasonably necessary for the fulfilment of all its obligations under this agreement, including any third-party licences and consents in respect of any Client Software; and
e) the ContractSupplier's use in the provision of the Managed Services or otherwise in connection with this agreement of any third-party materials, including any Hardware or Software supplied by the Client to the Supplier for use in the provision of the Managed Services or otherwise in connection with this agreement, shall not cause the Supplier to infringe the rights, including any Intellectual Property Rights, of any third party.
9.2 The Supplier warrants and represents that:
a) it has the full capacity and authority to enter into and perform this agreement and that this agreement is executed by a duly authorized representative of the Supplier;
b) it owns or has obtained valid licences, consents, permissions and rights to enable the Supplier to comply with this agreement and to use any of the Intellectual Property Rights necessary for the fulfilment of all its obligations under this agreement including for the Client's use and receipt of the Services, and the Supplier shall not breach the provisions of any such necessary licences, consents, permissions and rights or cause the same to be breached;
c) it will comply with all applicable laws in performing its obligations under this agreement;
d) the Client's use of any third-party materials, including any materials supplied by the Supplier to the Client, shall not cause the Client to infringe the rights, including any Intellectual Property Rights, of any third party;
e) no proceedings any software, system or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up telecommunications provided by or on behalf of the Contractor Supplier will be tested for Viruses and any identified Viruses deleted in accordance with Good Industry Practice before the date of delivery or for its dissolution use of such software, systems or for telecommunications by the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;Supplier; and
f) it has all personnel and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials sub-contractors used by the Contractor Supplier in the performance of this agreement are adequately skilled and experienced for the purpose of providing the Services and/or delivered activities they are required to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;perform.
Appears in 2 contracts
Samples: Managed Services Agreement, Managed Services Agreement
Warranties. 8.1 5.1 The Contractor warrantsSeller warrants to the Buyer for himself alone, represents and undertakes for the duration of the Contract Period that:
(a) it he has full capacity taken all necessary actions and has all requisite power and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and perform its this agreement and the other documents referred to in it (to which the Seller is a party) in accordance with their respective terms;
(b) this agreement and the other documents referred to in it constitute (or shall constitute when executed) valid, legal and binding obligations on the Seller in accordance with their respective terms;
(c) the execution and delivery by the Seller of this agreement and the documents referred to in it, and compliance with their respective terms shall not breach or constitute a default:
(i) under any agreement or instrument to which the Contract Seller is a party or by which the Seller is bound; or
(ii) of any order, judgment, decree or other restriction applicable to the Seller; and
(d) the Seller is the legal and that the Contract is executed by a duly authorised representative beneficial owner of the ContractorSale Shares and is entitled to transfer the legal and beneficial title to such Sale Shares to the Buyer free from all Encumbrances, without the consent of any other person;
b(e) as the Seller has not agreed to confer any right to require, at any time, the Commencement Datetransfer, all information contained creation, issue or allotment of any share, loan capital or other securities (or any rights or interest in them) of the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;Company; and
c(f) no claim is being asserted Encumbrance has been granted to any person or otherwise exists affecting the Sale Shares and no litigationcommitment to create any such Encumbrance has been given, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or nor has any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;person claimed any such rights.
d) it is 5.2 The Title Warranties are not subject to any contractual obligationqualification and no letter, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings document or other steps have been taken communication shall be deemed to constitute a disclosure against such warranties and not discharged (nor, without prejudice to the best of its knowledge, are threatened) for the winding up right of the Contractor Buyer to claim on any other basis or for its dissolution or for the appointment take advantage of a receiverany other remedies available to it, administrative receiver, liquidator, manager, administrator or similar officer in relation to if any of the Contractor‟s assets Title Warranties is breached or revenue;proves to be untrue or misleading, the Seller shall pay to the Buyer on demand:
f(a) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies amount necessary to perform put the Contractor's obligations under this Contract;
g) Company into the position it has and will continue to would have all necessary rights been in and to if the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter relevant Title Warranty had not been breached or circumstance of which it may become aware which would render any such statement or representation to be false had not been untrue or misleading;
(b) all costs and expenses (including, without limitation, damages, legal and other professional fees and costs, penalties, expenses and consequential losses whether arising directly or indirectly) incurred by the Buyer, the Company as a result of such breach or of such Title Warranty being untrue or misleading (including a reasonable amount in respect of management time); and
(c) any amount necessary to ensure that, after any Taxation of a payment made in accordance with clause 5.1(a) or clause 5.2(b), the Buyer is left with the same amount it would have had if the payment was not subject to Taxation.
Appears in 2 contracts
Samples: Share Purchase Agreement (Qumu Corp), Share Purchase Agreement
Warranties. 8.1 The Contractor warrants, represents Subscriber hereby declares and undertakes for warrants as follows:
1) The Subscriber is fully aware of and agrees with the duration contents and terms of the Contract Period that:Offering Memorandum;
a2) it The Subscriber is duly qualified to become a shareholder and authorized to Invest in the Fund;
3) The Subscriber has full capacity the financial ability to bear the economic risk of the investment;
4) The Subscriber has sufficient knowledge and authority experience in financial and all necessary consents (including where its procedures so requirebusiness areas as to be able to evaluate the risks and merits of the investment in the Fund;
5) The Subscriber has been given the opportunity to enquire about and to receive answers from the General Partner with respect to the business to be conducted by the Fund, the consent of its parent company) to enter into terms and perform its obligations under the Contract and that the Contract is executed by a duly authorised representative conditions of the Contractor;
b) as at investment and any additional information necessary to check the Commencement Date, all accuracy of the information contained in the Tender remains trueArticles of Incorporation and in the Offering Memorandum;
6) The Subscriber has only consulted and relied on the advice of his/her own professional advisers for all tax, accurate legal and other economic matters linked to this investment;
7) The Subscriber understands that the transfer of Shares is subject to restrictions and that the redemption of Shares may be subject to specific rules contained in the Articles of Incorporation and in the Offering Memorandum;
8) This subscription will not misleadingenter in conflict with or result in any violation of or default under, save any provision of any governing instrument applicable to the Subscriber, or any material agreement or other instrument to which the Subscriber is a party or by which the Subscriber is bound, or any permit, franchise, judgment, decree, statute, rule or regulation applicable to the Subscriber,
9) Any information that the Subscriber has provided to the Fund or its Administrative Agent is correct and complete as may have been specifically disclosed of the date of this Subscription Agreement, and if there should be any change in such information prior to the Subscriber's admission to the Fund as a shareholder, and during all the period of his/her investment, the Subscriber will immediately provide in writing such revised or corrected information to the Authority prior to execution of this ContractFund or its Administrative Agent ;
c10) no claim is being asserted The Subscriber declares that the origin of the funds relating to this subscription do not come from drug traffic or from any offence listed under article 506-1 of the Luxembourg Criminal Code, as amended from time to time;
11) The Subscriber recognizes that neither the Fund nor the General Partner have promised or guaranteed:
(i) the safety of any capital investment in the Fund;
(ii) that the Fund will be profitable; or
(iii) that any particular investment return will be achieved or the probability of any investment return;
12) The Subscriber agrees to execute all payments in compliance with all terms and no litigation, arbitration or administrative proceeding is presently in progress or, to conditions under this Subscription Agreement;
13) The Subscriber acknowledges that the best of its knowledge Shares have not been and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations not be registered under the ContractU.S. Securities Act of 1933, as amended from time to time, and, none of the Shares may be offered or sold, directly or indirectly, in the United States of America or to any U.S. Person;
d14) it The Subscriber is neither a U.S. Person nor a person that does not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under fulfil the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) eligibility requirements for the winding up of the Contractor or subscription for its dissolution or Shares as provided for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;Offering Memorandum.
Appears in 2 contracts
Samples: Subscription Agreement, Subscription Agreement
Warranties. 8.1 The Contractor warrants, represents Each Collaboration Supplier warrant and undertakes for the duration of the Contract Period represent that:
a) : it has full capacity and authority and all necessary consents (including but not limited to, where its procedures so require, the consent of its parent company) to enter into and to perform its obligations under the Contract this Agreement and that the Contract this Agreement is executed by a duly authorised representative of the Contractor;
bCollaboration Supplier; and its obligations hereunder shall be performed by appropriately experienced, qualified and trained personnel with all due skill, care and diligence including but not limited to good industry practice and (without limiting the generality of this Clause 7) in accordance with its own established internal procedures. Except as at the Commencement Dateexpressly stated in this Agreement, all information contained warranties and conditions, whether express or implied by statute, common law or otherwise (including but not limited to fitness for purpose) are hereby excluded to the extent permitted by law. LIMITATION OF LIABILITY None of the parties exclude or limit their liability for death or personal injury resulting from negligence, or for any breach of any obligations implied by Section 2 of the Supply of Goods and Services Xxx 0000. Nothing in this Agreement shall exclude or limit the liability of any party in respect of fraud or fraudulent misrepresentation. Subject always to Clauses 8.1 and 8.2, the liability of the Customer to any Collaboration Suppliers for all claims (by way of indemnity or otherwise) arising whether in contract, tort (including negligence), misrepresentation (other than where made fraudulently), breach of statutory duty or otherwise under this Agreement (excluding Clause 6.4, which shall be subject to the limitations of liability set out in the Tender remains truerelevant Contract) shall be limited to [ (£ ,000)]. Subject always to Clauses 8.1 and 8.2, accurate the liability of each Collaboration Supplier for all claims (by way of indemnity or otherwise) arising whether in contract, tort (including negligence), misrepresentation (other than where made fraudulently), breach of statutory duty or otherwise under this Agreement shall be limited to [Customer to specify]. Subject always to Clauses 8.1, 8.2 and not misleading8.6 and except in respect of liability under Clause 6 (excluding Clause 6.4, save as may have been specifically disclosed in writing which shall be subject to the Authority prior limitations of liability set out in the [relevant contract] [Call Off Contract]), in no event shall any party be liable to execution any other for: indirect loss or damage; special loss or damage; consequential loss or damage; loss of profits (whether direct or indirect); loss of turnover (whether direct or indirect); loss of business opportunities (whether direct or indirect); and/or damage to goodwill (whether direct or indirect). Subject always to Clauses 8.1 and 8.2, the provisions of Clause 8.5 shall not be taken as limiting the right of the Customer to amongst other things, recover as a direct loss any: additional operational and/or administrative costs and expenses arising from a Collaboration Supplier’s Default; and/or wasted expenditure or charges rendered unnecessary and/or incurred by the Customer arising from a Collaboration Supplier's Default. DISPUTE RESOLUTION PROCEDURE All disputes between any of the parties arising out of or relating to this Contract;
c) no claim is being asserted and no litigationAgreement shall be referred, arbitration or administrative proceeding is presently by any party involved in progress orthe dispute, to the best representatives of its knowledge the parties specified in the Detailed Collaboration Plan. If the dispute cannot be resolved by the parties' representatives nominated under Clause 9.1 within a maximum of five (5) Working Days (or such other time as otherwise agreed in writing by the parties) after it has been referred to them under Clause 9.1, then except where a party seeks urgent injunctive relief, the parties shall refer it to mediation pursuant to the procedure set out in Clause 9.3 unless the Customer considers (acting reasonably and belief, pending or threatened against it or considering any of its assets which will or might have a material adverse effect on its ability objections to perform its obligations under mediation raised by the Contract;
dother parties) it that the dispute is not subject suitable for resolution by mediation. The procedure for mediation and consequential provisions relating to any contractual obligationmediation are as follows: a neutral adviser or mediator (the “Mediator”) shall be chosen by agreement between the parties or, compliance with which is likely if they are unable to have agree upon a material adverse effect on its ability to perform its obligations under the Contract;
eMediator within ten (10) no proceedings or other steps have been taken and not discharged (nor, Working Days after a request by one party to the best of its knowledgeother parties to appoint a Mediator or if the Mediator agreed upon is unable or unwilling to act, are threatenedany party shall within ten (10) for Working Days from the winding up date of the Contractor proposal to appoint a Mediator or for its dissolution within ten (10) Working Days of notice to the parties that he is unable or for unwilling to act, apply to the Chairman of the Law Society to appoint a Mediator; the parties shall within ten (10) Working Days of the appointment of the Mediator meet with him in order to agree a receiverprogramme for the exchange of all relevant information and the structure to be adopted for negotiations to be held; unless otherwise agreed by the parties in writing, administrative receiverall negotiations connected with the dispute and any settlement agreement relating to it shall be conducted in confidence and without prejudice to the rights of the parties in any future proceedings; if the parties reach agreement on the resolution of the dispute, liquidatorthe agreement shall be reduced to writing and shall be binding on the parties once it is signed by their duly authorised representatives; failing agreement, manager, administrator or similar officer in relation to any of the Contractor‟s assets parties may invite the Mediator to provide a non-binding but informative opinion in writing. Such an opinion shall be provided on a without prejudice basis and shall not be used in evidence in any proceedings relating to this Agreement without the prior written consent of all the parties; and if the parties fail to reach agreement in the structured negotiations within twenty (20) Working Days of the Mediator being appointed, or revenue;
f) it has and will such longer period as may be agreed by the parties, then any dispute or difference between them may be referred to the courts. The parties must continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's their respective obligations under this Contract;
g) it has Agreement and will continue to have all necessary rights in and to under their respective Contracts pending the Intellectual Property Rights in all materials used by the Contractor for the purpose resolution of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;a dispute.
Appears in 2 contracts
Samples: Collaboration Agreement, Technology Services Collaboration Agreement
Warranties. 8.1 The Contractor warrantsBorrower warrants that Borrower is lawfully seized of a fee simple estate in the Property hereby conveyed and has the right to mortgage, represents convey, grant and undertakes for assign the duration Property, that the Property is subject in all cases to no lien, charge or encumbrance other than those set forth on Exhibit B attached hereto or hereafter approved by Lender in writing after the date hereof (collectively, the "Permitted Encumbrances"), that this Instrument is and will remain a valid and enforceable first lien on the Property subject to Permitted Encumbrances and the Permitted Liens, and that Borrower shall cooperate to preserve such title, and will forever warrant and defend the title, validity and priority of the Contract Period that:
alien hereof against the claims of all persons and parties whomsoever except as to the Permitted Encumbrances. Borrower further warrants that except as set forth in the Credit Agreement (i) it Borrower has full capacity power and authority and all necessary consents (including where its procedures so require, to consummate the consent of its parent company) to enter into transactions contemplated hereby and perform its obligations under this Instrument, the Contract Notes, the Credit Agreement and that any other documents given to evidence or further secure the Contract is executed by a duly authorised representative of the Contractor;
bobligations provided for herein; (ii) as there are no actions, suits or proceedings or investigations at the Commencement Datelaw or in equity pending, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing or to the Authority prior knowledge of Borrower threatened against or affecting it or the Property, and Borrower is not in default with respect to any order, writ, judgment, decree or demand of any court or any governmental authority; (iii) the execution and delivery by Borrower of this Contract;
cInstrument, the Notes, the Credit Agreement and any other documents given to evidence or further secure the obligations provided for herein do not and will not result in any breach of, or constitute a default under, any mortgage, deed of trust, lease, bank loan or credit agreement or other instrument or document to which Borrower is a party or by which it may be bound or affected; (iv) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of Borrower's knowledge, the Property is fully connected to all utility services necessary for the use and operation of the Property in adequate capacities to serve the Property for its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
dintended purpose; (v) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its Borrower's knowledge, are threateneda final unconditional certificate of occupancy (or alternative certificate if no certificate of occupancy is issued under local law) has been issued and all other material licenses and permits necessary for the winding up lawful use and operation of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has Property have been obtained and will continue to hold all necessary remain in full force and effect; and (if anyvi) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its Borrower's knowledge, information Borrower's operation of the Property is in material compliance with all applicable laws, regulations, rules, ordinances and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;restrictive covenants.
Appears in 2 contracts
Samples: Credit Agreement (Best Universal Lock Co), Credit Agreement (Best Lock Corp)
Warranties. 8.1 The Contractor warrants7.1 Each of the Vendors jointly and severally represents, represents warrants and undertakes for to and with the duration Purchaser that each of the Contract Period that:statements set out in Schedule 4 is now and will at Completion be true and accurate.
a) it has full capacity and authority and all necessary consents 7.2 The Warranties (including where its procedures so requireother than Warranties 4.1, 4.2, 4.3, the consent entire 15 and the entire 16 in respect of its parent companywhich no qualification is accepted) are given subject to matters fully and fairly disclosed in the Disclosure Letter.
7.3 Each of the Vendors acknowledges that the Purchaser has entered into this Agreement in reliance upon the Warranties and has been induced by them to enter into and perform its obligations under this Agreement.
7.4 Without restricting the Contract and that the Contract is executed by a duly authorised representative rights of the Contractor;
bPurchaser or otherwise affecting the ability of the Purchaser to claim damages on any other basis available to it, in the event that (i) any of the Warranties is broken or (as the case may be) proves to be untrue or misleading, and/or (ii) any breach by any of the Vendors of any of their respective Table of Contents agreements, obligations or covenants under this Agreement, the Vendors shall, on demand, pay to the Purchaser or, at the Commencement DatePurchaser’s direction, all information contained in the Tender remains true, accurate Company:
(a) the amount necessary to put the Company and each of the Subsidiaries into the position which would have existed if the Warranties had not been broken or (as the case may be) had been true and not misleading; and
(b) all losses, costs and expenses incurred by the Purchaser, the Company and each member of the Group in connection with or as a result of such breach and any costs (including reasonable legal costs), expenses which any of them may incur either before or after the commencement of any action in connection with (i) any legal proceedings in which the Purchaser claims that any of the Warranties has been broken or is untrue or misleading and in which judgement is given for the Purchaser or (ii) the enforcement of any settlement of, or judgement in respect of, such claim.
7.5 Each of the Warranties shall be separate and independent and, save as may have been specifically disclosed in writing expressly provided to the Authority prior contrary, shall not be limited by reference to execution or inference from any other Warranty or any other term of this Contract;Agreement, nor by anything in the Disclosure Letter which is not expressly referenced to the Warranty concerned.
c) no claim 7.6 Where any statement in the Warranties or any confirmation or certificate given by any of the Vendors hereunder or pursuant hereto is being asserted and no litigation, arbitration qualified by the expression “so far as the Vendors are aware” or administrative proceeding is presently in progress or, “to the best of its the Vendor’s knowledge and belief, pending or threatened against it ” or any similar expression, that statement shall be deemed to include an additional statement that it has been made after due and careful enquiry.
7.7 Each of the Vendors agrees with the Purchaser (for itself and on behalf of the Company and each of the Subsidiaries) to waive any rights which it may have in respect of any gross misrepresentation or gross inaccuracy in, or gross omission from, any information or advice supplied or given by the Company or its assets Subsidiaries or its or their officers, employees or advisers in connection with the giving of the Warranties and the preparation of the Disclosure Letter.
7.8 Each of the Vendors agrees to disclose promptly to the Purchaser in writing immediately upon becoming aware of the same, any matter, event or circumstance (including any omission to act) which will may arise or might have become known to it after the date of this Agreement and before Completion which:
(a) constitutes a material breach of or is materially inconsistent with any of the Warranties; or
(b) has an adverse effect on its ability to perform its obligations under the Contract;financial position or prospects of the Company or any Subsidiary.
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, 7.9 The Vendors shall give to the best of its knowledge, are threatened) for Purchaser both before and after Completion all such reasonable information and documentation relating to the winding up Company and the Subsidiaries as the Purchaser shall reasonably require to enable it to satisfy itself as to the accuracy and due observance of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;Warranties.
Appears in 2 contracts
Samples: Share Sale and Purchase Agreement, Agreement for the Sale and Purchase of Shares (Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia TBK)
Warranties. 8.1 7.1 The Contractor warrants, represents and undertakes for the duration of the Contract Period Client warrants that:
(a) it has the full capacity and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and perform its obligations under the Contract this Agreement and that the Contract this Agreement is executed by a duly authorised representative of the ContractorClient and that any person representing the Client who issues any orders, requests or any Change Requests are authorised by the Client to do so on its behalf;
(b) it has the authority to grant any rights to be granted to the Supplier under this Agreement, including the right to provide the Software and Hardware to the Supplier as at indicated in this Agreement and for the Commencement Date, all information contained same to be used in the Tender remains trueprovision of the Managed Services and otherwise in connection with this Agreement;
(c) it will comply with and use the Managed Services in accordance with the terms of this Agreement and all applicable laws, accurate and shall not misleadingdo any act that shall infringe the rights of any third party including the publishing or transmission of any materials contrary to relevant laws;
(d) it owns or has obtained valid licences, save as may have been specifically disclosed in writing consents, permissions and rights to use, and where necessary to licence to the Authority prior to execution Supplier, any materials reasonably necessary for the fulfilment of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform all its obligations under the Contractthis Agreement, including any third-Party licences and consents in respect of any Client Software;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
(e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has conducted appropriate due diligence on the Supplier and will continue the Managed Services to hold all necessary ensure it meets the Client’s requirements; and
(if anyf) regulatory approvals from the Regulatory Bodies necessary Supplier's use in the provision of the Managed Services or otherwise in connection with this Agreement of any third-party materials, including any Hardware or Software supplied by the Client to perform the Contractor's obligations under Supplier for use in the provision of the Managed Services or otherwise in connection with this Contract;Agreement, shall not cause the Supplier to infringe the rights, including any Intellectual Property Rights, of any third party.
g7.2 The Supplier warrants and represents that:
(a) it has the full capacity and will continue authority to have all necessary enter into and perform this Agreement and that this Agreement is executed by a duly authorised representative of the Supplier;
(b) it owns or has obtained valid licences, consents, permissions and rights in to enable the Supplier to comply with this Agreement and to use any of the Intellectual Property Rights necessary for the fulfilment of all its obligations under this Agreement including for the Client's use and receipt of the Managed Services, and the Supplier shall not breach the provisions of any such necessary licences, consents, permissions and rights or cause the same to be breached;
(c) it will comply with the requirements under Clause 18 of this Agreement; and
(d) the Client's use of any Supplier Software shall not cause the Client to infringe the rights, including any Intellectual Property Rights, of any third party.
7.3 The Supplier shall use reasonable endeavours to pass through any warranties from the Manufacturer that it is able to for the benefit of the Client including a warranty period which shall be notified to the Client, if applicable.
7.4 Except for any warranties as set out in Clause 7.3, the Goods are provided on an “as is” basis, and Client’s use of the Goods is at its own risk. Supplier does not make, and hereby disclaims, any and all materials used other express and/or implied warranties, statutory or otherwise, including, but not limited to, warranties of merchantability, fitness for a particular purpose and any warranties arising from a course of dealing, usage, or trade practice.
7.5 The Supplier shall not be liable for any faults with the Goods' if:
(a) the defect arises because the Client failed to follow the Supplier's and/or its Manufacturer’s oral or written instructions as to the storage, commissioning, installation, use and maintenance of the Goods or (if there are none) good trade practice regarding the same;
(b) the Client alters or repairs such Goods without the written consent of the Supplier;
(c) the defect arises as a result of fair wear and tear, wilful damage, negligence, or abnormal storage or working conditions; or
(d) the Goods differ from their description as a result of changes made to ensure they comply with applicable statutory or regulatory requirements.
7.6 The Supplier's only liability to the Client if the Goods fail to comply is as set out in Clause 7.3.
7.7 The terms implied by sections 13 to 15 of the Sale of Goods Act 1979 are, to the fullest extent permitted by law, excluded from the Agreement.
7.8 The terms of the Agreement shall apply to any repaired or replacement Goods supplied by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;Supplier.
Appears in 2 contracts
Samples: Managed Service Agreement, Managed Service Agreement
Warranties. 8.1 9.1 The Contractor Customer warrants, represents and undertakes for the duration of the Contract Period that:
(a) it has the full capacity and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and perform its obligations under the Contract this agreement and that the Contract this agreement is executed by a duly authorised representative of the ContractorCustomer;
(b) it has the authority to grant any rights to be granted to Altinet under this agreement, including the right to provide any applicable software or hardware to Altinet as at indicated in this agreement and for the Commencement Date, all information contained same to be used in the Tender remains true, accurate provision of the Services and not misleading, save as may have been specifically disclosed otherwise in writing to connection with this agreement;
(c) it shall comply with and use the Authority prior to execution Services in accordance with the terms of this Contractagreement and all applicable laws, and shall not do any act that shall infringe the rights of any third party including the publishing or transmission of any materials contrary to relevant laws;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
(d) it is not subject owns or has obtained valid licences, consents, permissions and rights to use, and where necessary to license to Altinet, any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its materials reasonably necessary for the fulfilment of all its
(e) obligations under this agreement, including any third-party licences and consents in respect of any Customer software; and Altinet's possession and use in accordance with this agreement of any materials (including third-party materials supplied by the Contract;Customer to Altinet) shall not cause Altinet to infringe the rights, including any Intellectual Property Rights, of any third party.
e) no proceedings or other steps have been taken 9.2 Altinet warrants, represents and not discharged undertakes that:
(nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
fa) it has the full capacity and will continue authority to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to enter into and perform the Contractor's obligations under this Contractagreement and that this agreement is executed by a duly authorised representative of Altinet;
g(b) it owns, or has obtained valid licences, consents, permissions and will continue rights to have all necessary rights in enable Altinet to comply with this agreement and to use any of the Intellectual Property Rights necessary for the fulfilment of all its obligations under this agreement including for the Customer's use and receipt of the Services, and Altinet shall not breach the provisions of any such necessary licences, consents, permissions and rights or cause the same to be breached;
(c) it shall comply with all applicable laws and regulations in performing its obligations under this agreement; and
(d) all materials personnel and sub-contractors used by Altinet in the Contractor performance of this agreement are adequately skilled and experienced for the purpose of providing the Services and/or delivered activities they are required to perform.
9.3 Except as expressly set forth herein, to the Authority; h) NOT USED; i) as at the Commencement Date all statements maximum extent permitted by law, Altinet makes no warranties, conditions, or other terms, express or implied, including but not limited to, implied warranties of satisfactory quality and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;fitness for a particular purpose.
Appears in 2 contracts
Samples: Terms and Conditions, Terms and Conditions
Warranties. 8.1 The Contractor warrants, 11.1 Purepac hereby represents and undertakes for the duration of the Contract Period warrants to Plantex that:
(a) it has full capacity and the corporate authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into this Agreement and to perform its obligations under the Contract and that the Contract is executed by a duly authorised representative of the Contractorhereunder;
(b) as at the Commencement Dateit is not aware of any legal, all information contained in the Tender remains truecontractual or other restriction, accurate and not misleading, save as may have been specifically disclosed in writing limitation or condition which might affect adversely its ability to perform hereunder;
(c) subject to the Authority prior to execution provisions of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress orSection 9.1 hereof, to the best of its knowledge Purepac's knowledge, the manufacture and belief, pending or threatened against it or distribution of any of the Finished Product shall not violate any use or formulation patents of any third party in the Territory, including, without limitation the rights alleged by Pfizer, Inc. in the Litigation; and
(d) it now has, and all times during the term of this Agreement shall maintain, insurance coverage on its assets inventory of API and Finished Products in such dollar amount and with such insurers as are reasonably satisfactory to Plantex (with Plantex named an additional insured under such policies of insurance).
11.2 Plantex hereby represents and warrants to Purepac that:
(a) it has the corporate authority to enter into this Agreement and to perform its obligations hereunder;
(b) it is not aware of any legal, contractual or other restriction, limitation or condition which will or might have a material adverse effect on affect adversely its ability to perform its obligations under the Contracthereunder;
d(c) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (norprovisions of Section 9 hereof, to the best of its Plantex's knowledge:
(1) the manufacture, importation, and sale to Purepac of any API provided by Plantex to Purepac hereunder; and
(2) the use by Purepac in the Finished Products, of any such API shall not violate the process patent of any third party in the Territory; and
(d) all API shipped to Purepac pursuant to this Agreement shall (i) meet the applicable Specification at the time of shipment, (ii) be manufactured in a plant which meets the requirements of the FDA, including, without limitation, conformance with cGMP, (iii) be safe and efficacious raw material intended for use in a product manufactured for human therapeutic use and (iv) be stored and handled by Plantex at all times in the proper manner and suitable conditions for such API.
11.3 No representations or warranties whatsoever, other than the express representations and warranties set forth in Section 11.2 hereof, are threatenedmade by Plantex, and except to the extent to the foregoing, Plantex hereby, DISCLAIMS ANY REPRESENTATIONS OR WARRANTIES, EXPRESSED OR IMPLIED, AS TO THE CONDITION, VALUE OR QUALITY OF THE API AND SPECIFICALLY DISCLAIMS ANY REPRESENTATIONS OR WARRANTY OF MERCHANTABILITY, USAGE OR FITNESS FOR ANY PARTICULAR PURPOSE.
11.4 Notwithstanding anything contained in this Agreement to the contrary, in order to clarify Plantex's liabilities associated with the **** Specifications, the Parties hereby understand and agree as follows:
(i) for the winding up **** Specification, and any determinations made with regard to the **** Specification shall have no bearing whatsoever on (a) the contribution or indemnification obligations of Teva under this Agreement or the Contractor Waiver Agreement, or for (b) the contribution or indemnification obligations of Purepac and ALO under this Agreement and the Waiver Agreement, respectively; and
(ii) under no circumstances shall Plantex or its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to Affiliates have any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary liability (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's including any indemnification obligations under this Contract;
gAgreement or the Waiver Agreement) it has and will continue to have all necessary rights in and to for or arising out of, the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority infringement of any factthird party patents based upon any breach of any representation or warranty under this Agreement for any failure of Plantex to deliver API that meets the **** Specification and, matter or circumstance of which it may become aware which would render Plantex shall have no liability for any such statement or representation API delivered hereunder to be false or misleading;meet the **** Specification except pursuant to Section 7.9 above.
Appears in 2 contracts
Samples: Supply Agreement (Alpharma Inc), Supply Agreement (Alpharma Inc)
Warranties. 8.1 The Contractor Recipient warrants, represents undertakes and undertakes for agrees that: it has all necessary resources and expertise to deliver the duration Project (assuming due receipt of the Contract Period that:
a) Grant); it has full capacity and authority not committed, nor shall it commit, any Prohibited Act; it shall at all times comply with all relevant legislation and all necessary consents (including where its procedures so requireapplicable codes of practice and other similar codes or recommendations, and shall notify RSSB immediately of any significant departure from such legislation, codes or recommendations; it shall comply with the consent of its parent company) to enter into and perform its obligations under the Contract and that the Contract is executed by a duly authorised representative requirements of the Contractor;
b) as Health and Safety at Work etc. Xxx 0000 and any other acts, orders, regulations and codes of practice relating to health and safety, which may apply to employees and other persons working on the Commencement Date, Project; it has and shall keep in place adequate procedures for dealing with any conflicts of interest; it has and shall keep in place systems to deal with the prevention of fraud and/or administrative malfunction; all financial and other information contained in concerning the Tender remains true, accurate and not misleading, save as may have Recipient which has been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim RSSB is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) true and accurate; it is not subject to any contractual obligation, compliance with or other restriction imposed by its own or any other organisation's rules or regulations or otherwise which is likely to have a material adverse effect on its ability to perform may prevent or materially impede it from meeting its obligations under in connection with the Contract;
e) Grant; it is not aware of anything in its own affairs, which it has not disclosed to RSSB or any of RSSB's advisers, which might reasonably have influenced the decision of RSSB to make the Grant on the terms contained in this Agreement; and since the date of its last accounts there has been no proceedings material change in its financial position or other steps have been taken prospects. Anti-Bribery The Recipient shall comply, and ensure that its employees and agents also comply, with all RSSB’s policies from time to time notified to it, including but not discharged (nor, limited to the best Business Conduct, Confidentiality and Anti-Corruption Policy and shall not, directly or indirectly, offer or give or agree to give to any person acting for or on behalf of its knowledge, are threatened) RSSB any gift or consideration of any kind as an inducement or reward for the winding up of the Contractor doing or forbearing to do or for its dissolution having done or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer forborne to do any act in relation to the obtaining or performance of this Agreement or any other contract with RSSB for showing or forbearing to show favour or disfavour to any person in relation to this Agreement. Without prejudice to the generality of clause 15.1, the Recipient shall not, directly or indirectly, engage in any activity, practice or conduct which would constitute an offence under sections 1, 2 or 6 of the Contractor‟s assets Bribery Act or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor which would constitute such an offence but only for the purpose fact that the activity, practice or conduct took place outside of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;United Kingdom.
Appears in 2 contracts
Samples: Grant Agreement, Grant Agreement
Warranties. 8.1 The Contractor warrants, Recipient represents and undertakes for the duration of the Contract Period warrants that:
(a) (corporate power): it has full capacity the corporate power to own its assets and to carry on its business as it is now being conducted;
(b) (authority): it has the right, power and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into into, perform and perform observe its obligations under the Contract and that the Contract is executed by a duly authorised representative of the Contractorthis Funding Agreement;
b(c) as (authorisations): the execution, delivery and performance of this Funding Agreement has been duly and validly authorised by it;
(d) (binding obligations): this Funding Agreement constitutes legal, valid and binding obligations and is enforceable in accordance with its terms, subject to laws generally affecting creditors’ rights and to principles of equity;
(e) (transaction permitted): it will not be breaching any Law, Authorisation or agreement by signing and performing this Funding Agreement;
(f) (no misleading information): all information provided to the Department (including in the Application):
(1) is true, correct and complete in all material respects; and
(2) is not misleading, at the time:
(3) given to the Department; and
(4) throughout the term of this Funding Agreement, including at the Commencement Date, all information contained in Date and the Tender remains true, accurate and not misleading, save as may have been specifically disclosed date each Funds Payment Request is submitted (other than to the extent that the Recipient has given the Department prior notice in writing to the Authority prior to execution of this Contractotherwise);
c(g) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently (not a trustee): it does not enter into this Funding Agreement as trustee of any trust (unless otherwise stated in progress or, this Funding Agreement);
(h) (conflicts of interest): to the best of its knowledge after making diligent inquiry, and beliefexcept as otherwise disclosed to the Department, pending no conflict of interest exists or threatened against it or any is likely to arise in the performance of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contractthis Funding Agreement;
d(i) (employee entitlements) it is not subject to any contractual obligation, compliance with which is likely judicial decision against it relating to have a material adverse effect on its ability to perform its obligations employee entitlements (not including decisions under appeal) where it has not paid the Contractclaim;
e(j) no proceedings or other steps have been taken (Licensed Materials): the Licensed Materials, and not discharged (nor, to the best of its knowledge, are threatened) for the winding up Recipient’s knowledge the Department’s use of the Contractor or for its dissolution or for the appointment of a receiverLicensed Materials in accordance with this Funding Agreement, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to not infringe the Intellectual Property Rights in all materials used by or Moral Rights of any person or entity;
(k) (legal capacity): it has full legal capacity to:
(1) own its own property;
(2) undertake the Contractor for the purpose of providing the Services and/or delivered to the Authority; hProject;
(3) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response case of the Recipient enter into this Funding Agreement; and
(4) to carry out the Invitation transactions that each of these contemplate (as applicable);
(l) (financial capacity): it has, or will have, sufficient funds to Tender complete the Project;
(m) (insolvency): no Insolvency Event has occurred, and there are no reasonable grounds to suspect that an Insolvency Event will occur, in respect of the best of Recipient; and
(n) (qualifications): the Recipient, its Personnel and Subcontractors are fit and proper people that have (without limitation) the necessary experience, skill, knowledge, information expertise and beliefcompetence to undertake the Project:
(1) consistent with Good Industry Practice;
(2) consistent with Good Electricity Industry Practice; and
(3) holding (or will hold when required) such licences, true and accurate and that it will advise permits or registrations as are required under any State, Territory or Commonwealth legislation to undertake the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;Project.
Appears in 2 contracts
Samples: Funding Agreement, Funding Agreement
Warranties. 8.1 9.1 The Contractor warrants, represents and undertakes for the duration of the Contract Period Customer warrants that:
(a) it has the full capacity and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and perform its obligations under the Contract this agreement and that the Contract this agreement is executed by a duly authorised representative of the ContractorCustomer;
(b) it has the authority to grant any rights to be granted to the Supplier under this agreement, including the right to provide the Software and Hardware to the Supplier as at indicated in this agreement and for the Commencement Date, all information contained same to be used in the Tender remains trueprovision of the Managed Services and otherwise in connection with this agreement;
(c) it will comply with and use the Managed Services in accordance with the terms of this agreement and all applicable laws, accurate and shall not misleadingdo any act that shall infringe the rights of any third party including the publishing or transmission of any materials contrary to relevant laws or in breach of the Acceptable Use Policy;
(d) it owns or has obtained valid licences, save as may have been specifically disclosed in writing consents, permissions and rights to use, and where necessary to licence to the Authority prior to execution Supplier, any materials reasonably necessary for the fulfilment of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform all its obligations under the Contract;this agreement, including any third-party licences and consents in respect of any Customer Software; and
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
(e) no proceedings the Supplier's use in the provision of the Managed Services or other steps have been taken and not discharged (norotherwise in connection with this agreement of any third-party materials, including any Hardware or Software supplied by the Customer to the best of its knowledge, are threatened) Supplier for use in the winding up provision of the Contractor Managed Services or for its dissolution or for otherwise in connection with this agreement, shall not cause the appointment Supplier to infringe the rights, including any Intellectual Property Rights, of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;third party.
f9.2 The Supplier warrants and represents that:
(a) it has the full capacity and will continue authority to hold all necessary (if any) regulatory approvals from enter into and perform this agreement and that this agreement is executed by a duly authorised representative of the Regulatory Bodies necessary to perform the Contractor's obligations under this ContractSupplier;
g(b) it owns or has obtained valid licences, consents, permissions and will continue rights to have all necessary rights in enable the Supplier to comply with this agreement and to use any of the Intellectual Property Rights necessary for the fulfilment of all its obligations under this agreement including for the Customer's use and receipt of the Services, and the Supplier shall not breach the provisions of any such necessary licences, consents, permissions and rights or cause the same to be breached;
(c) it will comply with all applicable laws in performing its obligations under this agreement;
(d) the Customer's use of any third-party materials, including any materials supplied by the Supplier to the Customer, shall not cause the Customer to infringe the rights, including any Intellectual Property Rights, of any third party;
(e) any software, system or telecommunications provided by or on behalf of the Supplier will be tested for Viruses and any identified Viruses before the date of delivery or use of such software, systems or telecommunications by the Supplier; and
(f) all materials personnel and sub-contractors used by the Contractor Supplier in the performance of this agreement are adequately skilled and experienced for the purpose of providing the Services and/or delivered activities they are required to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;perform.
Appears in 2 contracts
Warranties. 8.1 (a) The Contractor warrants, Company represents and undertakes for the duration of the Contract Period warrants to Principal Underwriter that:
a(i) it has full capacity Registration Statements [on Form ____and authority ____] for each of the Contracts identified in Attachment A have been filed with the Commission in the form previously delivered to Principal Underwriter and that copies of any and all amendments thereto will be forwarded to Principal Underwriter at the time that they are filed with Commission;
(ii) The Registration Statements and any further amendments or supplements thereto will, when they become effective, conform in all material respects to the requirements of the Securities Act and the Investment Company Act, and the rules and regulations of the Commission under such Acts, and will not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary consents to make the statements therein not misleading; provided, however, that this representation and warranty shall not apply to any statement or omission made in reliance upon and in conformity with information furnished in writing to Company by Principal Underwriter expressly for use therein;
(including where its procedures so require, the consent of its parent companyiii) to enter into and perform its obligations The Company is validly existing as a stock life insurance company in good standing under the Contract and that the Contract is executed by a duly authorised representative laws of the ContractorState of Illinois, with power to own its properties and conduct its business as described in the Prospectus, and has been duly qualified for the transaction of business and is in good standing under the laws of each other jurisdiction in which it owns or leases properties, or conducts any business;
b(iv) The Contracts to be issued by the Company and through the Separate Account and offered for sale by Principal Underwriter on behalf of the Company hereunder have been duly and validly authorized and, when issued and delivered with payment therefore as at provided herein, will be duly and validly issued and will conform to the Commencement Date, all information description of such Contracts contained in the Tender remains true, accurate Prospectuses relating thereto;
(v) Those persons who offer and not misleading, save as may have been specifically disclosed in writing sell the Contracts are to be appropriately licensed and/or appointed to comply with the Authority prior to execution state insurance laws;
(vi) The performance of this Contract;
c) no claim Agreement and the consummation of the transactions contemplated by this Agreement will not result in a violation of any of the provisions of or default under any statute, indenture, mortgage, deed of trust, note agreement or other agreement or instrument to which Company is being asserted and no litigationa party or by which Company is bound (including Company's Charter or By-laws as a stock life insurance company, arbitration or administrative proceeding is presently in progress orany order, to the best rule or regulation of its knowledge and belief, pending any court or threatened against it governmental agency or body having jurisdiction over Company or any of its assets properties);
(vii) There is no consent, approval, authorization or order of any court or governmental agency or body required for the consummation by Company of the transactions contemplated by this Agreement, except such as may be required under the Exchange Act or state insurance or securities laws in connection with the distribution of the Contracts; and
(viii) There are no material legal or governmental proceedings pending to which will Company or might the Separate Account is a party or of which any property of Company or the Separate Account is the subject (other than as set forth in the Prospectus relating to the Contracts, or litigation incidental to the kind of business conducted by the Company) which, if determined adversely to Company, would individually or in the aggregate have a material adverse effect on its ability the financial position, surplus or operations of Company.
(b) Principal Underwriter represents and warrants to perform its obligations Company that:
(i) It is a broker-dealer duly registered with the Commission pursuant to the Exchange Act, is a member in good standing of the NASD, and is in compliance with the securities laws in those states in which it conducts business as a broker-dealer;
(ii) As a principal underwriter, it shall permit the offer and sale of Contracts to the public only by and through persons who are appropriately licensed under the Contractsecurities laws and who are appointed in writing by the Company to be authorized insurance agents, unless such persons are exempt from licensing and appointment requirements;
d(iii) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under The performance of this Agreement and the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up consummation of the Contractor transactions herein contemplated will not result in a breach or for its dissolution or for the appointment violation of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets terms or revenue;provisions of or constitute a default under any statute, indenture, mortgage, deed of trust, note agreement or other agreement or instrument to which Principal Underwriter is a party or by which Principal Underwriter is bound (including the Certificate of Incorporation or By-laws of Principal Underwriter or any order, rule or regulation of any court or governmental agency or body having jurisdiction over either Principal Underwriter or its property); and
f(iv) it has To the extent that any statements made in the Registration Statements, or any amendments or supplements thereto, are made in reliance upon and in conformity with written information furnished to Company by Principal Underwriter expressly for use therein, such statements will, when they become effective or are filed with the Commission, as the case may be, conform in all material respects to the requirements of the Securities Act and the rules and regulations of the Commission thereunder, and will continue not contain any untrue statement of a material fact or omit to hold all necessary (if any) regulatory approvals from the Regulatory Bodies state any material fact required to be stated therein or necessary to perform make the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or therein not misleading;.
Appears in 2 contracts
Samples: Principal Underwriting Agreement (Allstate Life of New York Separate Account A), Principal Underwriting Agreement (Glenbrook Life Scudder Variable Account A)
Warranties. 8.1 The Contractor warrants, Each party represents and undertakes for warrants to the duration of other party that to its actual knowledge at the Contract Period that:
a) Effective Date it has has: full capacity power and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and perform its obligations under this Agreement; taken all necessary actions and obtained all authorisations, licences, consents and approvals, to allow it to enter into this Agreement. The Discloser does not provide any warranties (express or implied) regarding the Contract and that the Contract is executed by a duly authorised representative accuracy or reliability of the Contractor;
bConfidential Information and the Recipient acknowledges the Discloser excludes all liability for loss or damage that may be suffered or incurred by the Recipient because of using or relying on the Confidential Information. This clause 8 applies to any Dispute which arises between the parties in connection with this Agreement. Each party must follow the dispute resolution process in this clause before it commences litigation or takes similar action, except to seek an urgent injunction or declaration. If a party considers that a Dispute has arisen (Initiating Party), it must give notice in writing of the Dispute to the other party (Receiving Party), setting out reasonable particulars of the matters in dispute (Dispute Notice). Within twenty (20) as Business Days of the service of the Dispute Notice by the Initiating Party on the Receiving Party, in the case of UNSW, the relevant Deputy Vice-Chancellor (or equivalent) or their delegate and in the case of the Discloser, its Chief Executive Officer, or their delegates who have appropriate authority to resolve the Dispute will meet (in person or by telephone or video conference) and attempt to resolve the Dispute in good faith. O ption – Dispute to be resolved through mediation If the Dispute is not resolved within twenty (20) Business Days after the Dispute is referred to Senior Representatives, the parties will endeavour to settle the Dispute by mediation administered by the Australian Disputes Centre (ADC) before having recourse to litigation. Where a Dispute is referred to mediation under clause 8.4 above: the mediation shall be conducted in accordance with the ADC Guidelines for Commercial Mediation operating at the Commencement Date, all information contained in time the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing matter is referred to ADC (Guidelines). the Authority prior to execution terms of the Guidelines are hereby deemed incorporated into this Agreement. this clause 8 shall survive termination of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;Agreement.
Appears in 1 contract
Samples: Confidentiality Agreement
Warranties. 8.1 The Contractor warrants7.1 Each Party severally warrants to each other Party that, represents and undertakes for as at the duration of the Contract Period thatdate hereof:
(a) it has full capacity capacity, power and authority authority, and has taken all necessary action, to execute this Deed and each of the other Transaction Documents to which it is a party, and to assume and perform the obligations expressed to be assumed by it hereunder and thereunder, and all necessary consents and approvals of any other persons required therefor have been duly obtained;
(b) the execution by it of this Deed and each of the other Transaction Documents to which it is a party, and the performance by it of its obligations hereunder and thereunder, does not and will not breach any provision of its memorandum and articles of association, by-laws or equivalent constitutional documents, or result in a breach of laws or regulations in its jurisdiction of incorporation or in any other applicable jurisdiction, or of any order, decree, or judgment of any court or any governmental or regulatory authority in its jurisdiction of incorporation or any other applicable jurisdiction to which it is subject;
(c) the obligations expressed to be assumed by it under this Deed and each of the other Transaction Documents to which it is a party are or will be (as the case may be) legal, valid and enforceable against it in accordance with their respective terms;
(d) if they are a corporate person, no order has been made, petition presented, meeting convened to consider a resolution, or resolution passed, for the winding up or for the appointment of any administrator, receiver or trustee in bankruptcy of it, nor is it the subject of any analogous insolvency proceedings anywhere in the world, nor is it insolvent or unable to pay its debts as they fall due;
(e) if they are a natural person, no bankruptcy petition has been presented against them, they have not been declared bankrupt or served with a statutory demand, or are unable to pay any debts within the meaning of the Insolvency Act 1986, nor have they entered into, or has it been proposed they enter into, any composition or arrangement with, or for, their creditors or any class of their creditors (including where an individual voluntary arrangement), and they have not been the subject to any other event analogous to the foregoing in any jurisdiction; and
(f) if it is a corporate person, it is validly organized and existing under the laws of the jurisdiction of its procedures so requireincorporation.
7.2 ETFS, GBH, WGC and GT each warrant to ETH, WTHL and WT that there is no provision of the 2020 Agreement, or other term of any transaction documented pursuant to the 2020 Agreement, that would have an impact on the Transactions and/or the terms of, or any Party’s rights or obligations under, this Deed.
7.3 ETFS warrants to ETH, WTHL and WT that, as at the date hereof:
(a) it is solely entitled to, and is the sole legal and beneficial owner of, the ETFS Royalty Gold Receivables;
(b) it is entitled to sell and transfer the full legal and beneficial rights, title, interest and benefits in and to the ETFS Royalty Gold Receivables to ETH on the terms of this Deed, without obtaining the consent or approval of its parent companyany third party; and
(c) there is no Encumbrance on, over or affecting the ETFS Royalty Gold Receivables.
7.4 ETH warrants to enter into and perform ETFS that, as at the date hereof, it has not assigned any of its obligations under the Contract and that the Contract is executed by a duly authorised representative of the Contractor;Royalty Gold Agreement.
b) 7.5 WGC warrants to ETFS that, as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;date hereof:
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d(a) it is solely entitled to, and is the sole legal and beneficial owner of Royalty Gold Receivable 2;
(b) it is entitled to sell and transfer the full legal and beneficial rights, title, interest and benefits in and to Royalty Gold Receivable 2 to ETFS on the terms of this Deed, without obtaining the consent or approval of any third party; and
(c) there is no Encumbrance on, over or affecting Royalty Gold Receivable 2.
7.6 GBH warrants to ETFS that, as at the date hereof:
(a) it is solely entitled to, and is the sole legal and beneficial owner of two thirds of Royalty Gold Receivable 1;
(b) it is entitled to sell and transfer the full legal and beneficial rights, title, interest and benefits in and to its proportionate entitlement in and to Royalty Gold Receivable 1 to ETFS on the terms of this Deed, without obtaining the consent or approval of any third party; and
(c) there is no Encumbrance on, over or affecting its proportionate entitlement to Royalty Gold Receivable 1.
7.7 RIL warrants to ETFS that, as at the date hereof:
(a) RIL is solely entitled, and is the sole legal and beneficial owner of one third of Royalty Gold Receivable 1;
(b) RIL is entitled to sell and transfer the full legal and beneficial rights, title, interest and benefits in and to its proportionate entitlement in and to Royalty Gold Receivable 1 to ETFS on the terms of this Deed, without obtaining the consent or approval of any third party; and
(c) there is no Encumbrance on, over or affecting RIL’s proportionate entitlement to Royalty Gold Receivable 1.
7.8 GT represents to the other Parties that, as a result of the assignments referred to in Recital C, his entire legal interest in Royalty Gold Receivable 1 (previously held by IRI) has been assigned to RIL and that in reliance upon his representation, the Parties agree that any reference in this Deed to GT shall be deemed to include RIL, as the context may require.
7.9 WT warrants to GBH that:
(a) the execution by it of this Deed, and the performance by it of its obligations hereunder (including without limitation the issuance of the WT Shares and, upon the sale to a third party pursuant to the terms of the Investor Rights Agreement and conversion of the WT Shares, the WT Common Stock), does not subject and will not (i) breach any provision of its certificate of incorporation, by-laws or equivalent constitutional documents, or (ii) result in a breach of laws or regulations in its jurisdiction of incorporation or in any other applicable jurisdiction, or of any order, decree, or judgment of any court or any governmental or regulatory authority in its jurisdiction of incorporation or any other applicable jurisdiction to any contractual obligationwhich it is subject, compliance with except in the case of clause (ii) above, for such conflicts, defaults, rights or violations which is likely would not, individually or in the aggregate, reasonably be expected to have a material adverse effect on its the ability of WT to perform its obligations hereunder;
(b) the issuance of the WT Shares and, upon the sale to a third party pursuant to the terms of the Investor Rights Agreement and conversion of the WT Shares, WT Common Stock to GBH will not conflict with or result in a breach or violation of any of the terms or provisions of, or constitute a material default under any (i) instrument, judgment, order, writ or decree, (ii) note, indenture or mortgage, or (iii) lease, agreement, contract or purchase order that is filed by WT with the United States Securities and Exchange Commission (“SEC”);
(c) assuming the accuracy of GBHs’ representations and warranties set forth in clause 7.10 below, no registration of the WT Shares under the ContractUnited States Securities Act of 1933, as amended, (the “Securities Act”) and the rules of the SEC promulgated thereunder is required for the offer and sale of the WT Shares by WT to GBH under the Transaction Documents;
(d) the Certificate of Designations relating to the WT Shares has been duly and validly authorized by WT and filed with the Secretary of State of Delaware;
(e) no proceedings WT will reserve from its duly authorized capital stock the maximum number of shares of WT Common Stock issuable upon conversion of the WT Shares;
(f) The WT Shares, when issued, sold and delivered in accordance with the terms and for the consideration set forth in the Transaction Documents, will be validly issued, fully paid and nonassessable and free of restrictions on transfer other than restrictions on transfer under the Transaction Documents, applicable state and federal securities laws and liens or encumbrances created by or imposed by GBH;
(g) When issued and delivered upon conversion of the WT Shares, the WT Common Stock will (i) be validly issued, fully paid and non-assessable, (ii) be free and clear of any Encumbrances, including, claims or rights under any voting trust agreements, shareholder agreements or other steps agreements, taxes, charges and Encumbrances, and (iii) not be subject to any preemptive or similar rights; and (iv) WT or its counsel shall have been taken submitted a listing application with a national stock exchange for the WT Common Stock;
(h) WT has filed with the SEC all reports, schedules and statements required to be filed by it under the Securities Exchange Act 1934, as amended (the “Exchange Act”) on a timely basis for the most recent twelve-month period. The reports, schedules and statements filed by WT under the Exchange Act since January 1, 2023 (all such documents filed after such date but prior to the date hereof, collectively, the “SEC Documents”), as of their respective filing dates, or to the extent corrected by a subsequent restatement, complied in all material respects with the requirements of the Securities Act and the Exchange Act and the rules and regulations of the SEC promulgated thereunder, and none of the SEC Documents, when filed, contained any untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) except as set forth pursuant to the Transaction Documents, there are no brokers, finders or other parties that are entitled to receive from WT any brokerage or finder’s fee or other fee or commission as a result of the Transactions; and
(j) as of the date hereof, WT is a “well-known seasoned issuer” (as defined in Rule 405 of the Securities Act).
7.10 GBH warrants to WT that:
(a) the issuance of the WT Shares is made in reliance upon GBH’s representation to WT, which by GBH’s execution of this Deed, GBH hereby confirms, that the WT Shares to be acquired by GBH will be acquired for investment for the GBH’s own account, not as a nominee or agent, and not discharged (nor, with a view to the best resale or distribution of its knowledgeany part thereof, are threatened) for and that GBH has no present intention of selling, granting any participation in, or otherwise distributing the winding up of the Contractor same. By executing this Deed, GBH further represents that GBH does not presently have any contract, undertaking, agreement or for its dissolution arrangement with any person to sell, transfer or for the appointment of a receivergrant participations to such person or to any third person, administrative receiver, liquidator, manager, administrator or similar officer in relation with respect to any of the Contractor‟s assets or revenueWT Shares. GBH has not been formed for the specific purpose of acquiring the WT Shares;
(b) GBH has had an opportunity to discuss WT’s business, management, financial affairs and the terms and conditions of the offering of the WT Shares with WT’s management;
(c) GBH understands that the WT Shares have not been, and will not be, registered under the Securities Act, by reason of a specific exemption from the registration provisions of the Securities Act which depends upon, among other things, the bona fide nature of the investment intent and the accuracy of GBH’s representations as expressed herein. GBH understands that the WT Shares are “restricted securities” under applicable U.S. federal and state securities laws and that, pursuant to these laws, GBH must hold the WT Shares indefinitely unless they are registered with the SEC and qualified by state authorities, or an exemption from such registration and qualification requirements is available. GBH further acknowledges that if an exemption from registration or qualification is available, it may be conditioned on various requirements including, but not limited to, the time and manner of sale, the holding period for the WT Shares, and on requirements relating to WT which are outside of GBH’s control, and which WT is under no obligation and may not be able to satisfy;
(d) GBH understands that the WT Shares are not transferable to any person other than an Affiliate (as that term is defined in the Investor Rights Agreement) of GBH, WT or an Affiliate of WT, that no public market now exists for the WT Shares, and that WT has made no assurances that a public market will ever exist for the WT Shares;
(e) GBH understands that the any securities issued in respect of or exchange for the WT Shares, may be notated with one or all of the following legends:
(i) “THE SHARES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AND HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TO, OR IN CONNECTION WITH, THE SALE OR DISTRIBUTION THEREOF. NO SUCH TRANSFER MAY BE EFFECTED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT RELATED THERETO OR AN OPINION OF COUNSEL IN A FORM SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED UNDER THE SECURITIES ACT OF 1933.”
(ii) any legend set forth in, or required by, the other Transaction Documents; and/or
(iii) any legend required by the securities laws of any state to the extent such laws are applicable to the WT Shares represented by the certificate, instrument, or book entry so legended;
(f) GBH is an accredited investor as defined in Rule 501(a) of Regulation D promulgated under the Securities Act;
(g) if GBH is not a United States person (as defined by Section 7701(a)(30) of the Internal Revenue Code of 1986, as amended), GBH hereby represents that it has satisfied itself as to the full observance of the laws of Jersey in connection with any invitation to subscribe for the WT Shares or any use of the Transaction Documents, including (i) the legal requirements within Jersey for the purchase of the WT Shares, (ii) any foreign exchange restrictions applicable to such purchase, (iii) any governmental or other consents that may need to be obtained, and will continue to hold all necessary (iv) the income tax and other tax consequences, if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and , that may be relevant to the Intellectual Property Rights in all materials used by purchase, holding, redemption, sale, or transfer of the Contractor WT Shares. GBH’s subscription and payment for and continued beneficial ownership of the purpose WT Shares will not violate any applicable securities or other laws of providing the Services and/or delivered to the AuthorityJersey; and
(h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best GBH, nor any of its knowledgeofficers, information directors, employees, agents, stockholders or partners has either directly or indirectly, including, through a broker or finder (a) engaged in any general solicitation, or (b) published any advertisement in connection with the offer and belief, true and accurate and that it will advise sale of the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;WT Shares.
Appears in 1 contract
Samples: Sale, Purchase and Assignment Deed (WisdomTree, Inc.)
Warranties. 8.1 The Contractor warrants, Creditor represents and undertakes for the duration of the Contract Period that:
warrants to Irata (a) that it has full capacity knowledge of the terms, conditions, and authority and all necessary consents effects of the Agreement; (including where its procedures so requireb) that is has had the benefit of independent legal counsel in entering into this Agreement; (c) that no promise or inducement has been offered or made to it except as expressly stated in the Agreement; that this Agreement is executed without reliance on any statement or representation by any third party or any third party's agent, the consent of its parent company) to enter into and perform its obligations under the Contract and that this Agreement supersedes all prior negotiations and discussions; (d) that it is the Contract is executed by a duly authorised representative sole owner of the Contractor;
bclaims or causes of action it has released in this Agreement and has not previously assigned or transferred or purported to assign or transfer any interest in such claims to any person or entity; (e) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) that it is not subject to any contractual obligation, compliance in a disparate bargaining position with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, respect to the best negotiation of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate Agreement and that it is executing this Agreement of its own free will, act, and deed; (f) that it has full authority to enter this Agreement on its behalf and is competent to do so; and (g) that the person executing this Agreement on its behalf is duly authorized and empowered to do so and that all corporate and other formalities necessary for its approval of the Agreement have been satisfied. Further, Creditor acknowledges its understanding that the Stock which will advise be issued to creditors pursuant to this Agreement will not be registered at the Authority time of its issuance with the United States Securities and Exchange Commission nor with the State Securities Board of Texas or with any factother state. Rather, matter the Stock will be issued by Irata in reliance upon an exemption from the securities registration provisions of applicable federal and state law and may be transferred by the holders of such common stock only in accordance with the provisions of Rule144 promulgated under the Securities Act of 1933, as amended, or circumstance in accordance with some other available exemption. In other words, the Stock will not be tradable in accordance with Rule 144 for two years following its issuance to Creditor. A legend to this effect will be placed by Irata on each stock certificate issued by Irata under this Agreement and Creditor will be required to execute an Acknowledgment will also contain representations and warranties from the Creditor, including but not limited to, the representation that Creditor has consulted with its respective legal, tax, and financial advisors in reaching the decision to accept the terms and conditions of which it may become aware which would render any such statement or representation this Agreement. However, notwithstanding the tow year trading restriction applicable to be false or misleading;the Stock by way of Rule 144, Irata has agreed to seek registration of the Stock with the Securities & Exchange Commission by no later than December of 1997.
Appears in 1 contract
Samples: Settlement Agreement (Irata Inc)
Warranties. 8.1 The Contractor warrantsPHC and Pivotal each warrants that, represents except as otherwise provided in the Purchase Agreement: (a) each of the Companies has the authority and undertakes has obtained all approvals and consents necessary to incur the Secured Obligations and enter into this Agreement, and there is no legal restriction or agreement affecting its right to grant a security interest in the Collateral; (b) except for the duration Accounts Receivable (as defined in the Purchase Agreement, which definition refers to accounts receivable existing or created prior to the Closing Date and in no way limits the coverage of this Security Agreement relating to accounts receivable created subsequent to the Closing Date), Pivotal is, and will be, the owner of the Contract Period that:
a) it has full capacity Collateral, free and authority clear of all liens, encumbrances and all necessary consents (including where its procedures so require, claims whatsoever except for liens securing the consent of its parent company) to enter into and perform its obligations under the Contract and that the Contract is executed by a duly authorised representative payment of the Contractor;
bAcquisition Financing and the Line of Credit; (c) except for Accounts Receivable (as defined in the Purchase Agreement, which definition refers to accounts receivable existing or created prior to the Closing Date and in no way limits the coverage of this Security Agreement relating to accounts receivable created subsequent to the Closing Date), all accounts or general intangibles comprising Collateral are genuine, as appearing on their face, enforceable according to their terms, free of disputes, set-offs, counterclaims and defenses, and represent indebtedness, obligations, interests or property justly owing to and owned by Pivotal as therein provided; (d) the Collateral will be primarily used and located at the Commencement Locations; and (e) following the Closing Date, all information contained except for the financing statement evidencing the lien to secure payment of the Acquisition Financing or the Line of Credit, no financing statement or security agreement covering any of the property of the type, kind or class of the Collateral is or will be on file in any public office without Creditors' consent. PHC shall have no liability for the Tender remains truefailure of the foregoing representation to be true if such failure is caused by (i) the failure of Sellers, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will them to have properly transferred the Membership Interests to PHC in accordance with the terms of the Purchase Agreement or might have a material adverse effect on its ability to perform its obligations (ii) the breach of any representation or warranty of Sellers under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;Purchase Agreement.
Appears in 1 contract
Samples: Security Agreement (PHC Inc /Ma/)
Warranties. 8.1 The Contractor warrants, (a) Anchor represents and undertakes for the duration of the Contract Period warrants to Distributor that:
a(i) Registration Statement on Form N-4 (and, if applicable, Form S-3) (the "Registration Statement") for each of the Contracts identified on Attachment A has been filed with the Commission in the form previously delivered to the Distributor. Anchor agrees that it has full capacity and authority shall forward to the Distributor copies of any and all amendments to the Registration Statement, together with any voting instruction solicitation material and other documents relating to the Separate Account or the Contracts, at the time that they are filed with the Commission;
(ii) The Registration Statement and any further amendments or supplements thereto will, when they become effective, and the prospectus constituting part of the Registration Statement (the "Prospectus") will, at all times, conform in all material respects to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, and the rules and regulations of the Commission under such Acts, and will not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary consents to make the statements therein not misleading; provided, however, that this representation and warranty shall not apply to any statement or omission made in reliance upon and in conformity with information furnished in writing to Anchor by the Distributor expressly for use therein;
(including where its procedures so requireiii) Anchor is validly existing as a stock life insurance company in good standing under the laws of the state of Arizona, the consent of its parent companywith power (corporate or otherwise) to enter into own its properties and perform conduct its obligations business as described in the Prospectus, and has been duly qualified for the transaction of business and is in good standing under the Contract and that the Contract is executed by a duly authorised representative laws of the Contractorother jurisdictions in which it owns any property, or conducts any business, so as to require such qualification;
b(iv) The Contracts to be issued through the Separate Account and offered for sale by the Distributor on behalf of Anchor hereunder have been duly and validly authorized and, when issued and delivered against payment therefor as at provided herein, will be duly and validly issued and will conform to the Commencement Date, all information description of such Contracts contained in the Tender remains true, accurate Prospectuses relating thereto and not misleading, save as may have been specifically disclosed will comply in writing to the Authority prior to execution all material respects with applicable federal and state law;
(v) The performance of this Contract;
c) no claim Agreement and the consummation of the transactions contemplated by this Agreement will not result in a breach or violation of any of the terms and provisions of, or constitute a default under any statute, any indenture, mortgage, deed of trust, note agreement or other agreement or instrument to which Anchor is being asserted and no litigation, arbitration a party or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it by which Anchor or any of its assets properties is bound, Anchor's charter as a stock life insurance company or by-laws, or any order, rule or regulation of any court or governmental agency or body having jurisdiction over Anchor or any of its properties; and no consent, approval, authorization or order of any court or governmental agency or body is required for the consummation by Anchor of the transactions contemplated by this Agreement, except such as may be required under the 1934 Act in connection with the distribution of the Contracts by the Distributor; and
(vi) There are no material legal or governmental proceedings pending to which will Anchor or might the Separate Account is a party or of which any property of Anchor or the Separate Account is the subject, other than as set forth in the Prospectus relating to the Contracts, and other than litigation incident to the kind of business conducted by Anchor, if determined adversely to Anchor, would individually or in the aggregate have a material adverse effect on its ability the financial position, surplus or operations of Anchor.
(b) The Distributor represents and warrants to perform its obligations Anchor that;
(i) Distributor is validly existing as a corporation in good standing under the Contractlaws of the State of ______, with power (corporate or otherwise) to own its properties and conduct its business as a broker-dealer in securities and has been duly qualified for the transaction of such business and is in good standing under the laws of each other jurisdiction in which it owns any property, or conducts any business, so as to require such qualification.
(ii) It is a broker-dealer duly registered with the Commission pursuant to the 1934 Act and a member in good standing of the NASD and is in compliance with the securities laws in those states in which it conducts business as a broker-dealer;
d(iii) it The performance of this Agreement and the consummation of the transactions herein contemplated will not result in a breach or violation of any of the terms or provisions of or constitute a default under any statute, any indenture, mortgage, deed of trust, note agreement or other agreement or instrument to which the Distributor is a party or by which the Distributor or any of its properties is bound, the certificate of incorporation or by-laws of the Distributor, or any order, rule or regulation of any court or governmental agency or body having jurisdiction over the Distributor or its property; and
(iv) To the extent that any statements or omissions made in the Registration Statement, or any amendment or supplement thereto are made in reliance upon and in conformity with written information furnished to Anchor by the Distributor expressly for use therein, such Registration Statement and any amendments or supplements thereto will, when they become effective or are filed with the Commission, as the case may be, conform in all material respects to the requirements of the Securities Act of 1933 and the rules and regulations of the Commission thereunder and will not subject contain any untrue statement of a material fact or omit to state any contractual obligationmaterial fact required to be stated therein or necessary to make the statements therein not misleading.
(v) The performance of this Agreement and the consummation of the transactions contemplated by this Agreement will not result in a breach or violation of any of the terms and provisions of, compliance with or constitute a default under any statute, any indenture, mortgage, deed of trust, note agreement or other agreement or instrument to which Distributor is likely a party or by which Distributor or any of its properties is bound, Distributor's charter or by-laws, or any order, rule or regulation of any court or governmental agency or body having jurisdiction over Distributor or any of its properties; and no consent, approval, authorization or order of any court or governmental agency or body is required for the consummation by Distributor of the transactions contemplated by this Agreement; and
(vi) There are no material legal or governmental proceedings pending to which Distributor is a party or of which any property of Distributor is the subject, other than as set forth in the Prospectus relating to the Contracts, and other than litigation incident to the kind of business conducted by Distributor, if determined adversely to Distributor, would individually or in the aggregate have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings financial position, surplus or other steps have been taken and not discharged (nor, to the best operations of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;Distributor.
Appears in 1 contract
Samples: Distribution Agreement (Variable Separate Account of Anchor National Life Insur Co)
Warranties. 8.1 The Contractor warrants, (a) Each party represents and undertakes for the duration of the Contract Period warrants that:
a(i) it is a body corporate and it is duly incorporated in accordance with the Laws of the place of incorporation, validly exists under those Laws and has the capacity to xxx and be sued in its own name and to own its property and conduct its business as it is being conducted;
(ii) it has full capacity power and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into into, perform and perform observe its obligations under the Contract and that the Contract is executed by a duly authorised representative of the Contractorthis Agreement;
b(iii) the execution, delivery and performance of this Agreement has been duly and validly authorised by its board;
(iv) this Agreement imposes valid and legally binding obligations on it and is enforceable against it by the other party in accordance with its terms;
(v) the unconditional execution and delivery of, and compliance with its obligations under, this Agreement does not:
(A) contravene any Law to which it or any of its property is subject or any order or directive from a government agency binding on it or any of its property;
(B) contravene its constitution or other constituent documents;
(C) contravene any agreement or instruments to which it is a party;
(D) contravene any obligation of it to any other person;
(E) require it to make any payment or delivery in respect of any financial indebtedness before the scheduled date for that payment or delivery;
(vi) no litigation, arbitration, mediation, conciliation or administrative proceedings (excluding in the case of GBRF, the senate inquiry which is public knowledge as at the Commencement Date) are taking place, all information contained in the Tender remains truepending, accurate and not misleading, save as may have been specifically disclosed in writing or to the Authority prior to execution knowledge of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might officers after due inquiry, are threatened which, if adversely decided, could have a material adverse effect on its ability to perform its obligations under the Contractthis Agreement;
d(vii) except in relation to any underlying equitable interest in the Grant and the Project Funds created by or in connection with the Grant Agreement or this Agreement, it is not subject to entering into this Agreement as trustee of any contractual obligationtrust or settlement;
(viii) it has not made any false declaration in respect of any current or past dealings with any Commonwealth or other government agency, compliance including in any proposal, tender or application process or in any agreement; and
(ix) it has no significant deficiency in the performance of any substantive requirement or obligation under any prior agreement with any Commonwealth or other government agency which is likely to have a material adverse effect on would adversely affect its ability to perform its obligations under this Agreement.
(b) The Funding Recipient acknowledges that, in entering into this Agreement, GBRF is relying on the Contract;
e) no proceedings or other steps have been taken accuracy and not discharged (nor, to the best of its knowledge, are threatened) for the winding up truth of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the ContractorFunding Recipient's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements warranties and representations contained in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;this Agreement.
Appears in 1 contract
Samples: Subgrant Agreement
Warranties. 8.1 The Contractor warrants, represents and undertakes for the duration of the Contract Period that:
a) it has full capacity and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and perform its obligations under the Contract and that the Contract is executed by a duly authorised representative of the Contractor;
b) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s Contractor’s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender ITT are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;
i) the contract will contain all necessary information and explanation required for the purpose of executing the exit plan and for suitably qualified employees of the Authority or of the Successor Supplier to be able to use the software and receive the Services and to perform the replacement Services on termination or expiry; and
j) it shall, and its Staff shall, at all times comply with the Law in carrying out their obligations under this Contract.
k) in the three 3 years prior to the date of this Contract:
(i) it has conducted all financial accounting and reporting activities in compliance in all material respects with the generally accepted accounting principles that apply to it in any country where it files accounts;
(ii) it has been in full compliance with all applicable securities and tax laws and regulations in the jurisdiction in which it is established; and
(iii) it has not done or omitted to do anything which could have a material adverse effect on its assets, financial condition or position as an ongoing business concern or its ability to fulfill its obligations under the Contract.
Appears in 1 contract
Samples: Contract for Training Services
Warranties. 8.1 The Contractor warrants, (a) represents and undertakes for the duration of the Contract Period warrants to Distributor that:
a(i) it has full capacity Registration Statements on Form N-4 (and, if applicable, Form S-1) for each of the Contracts identified on Attachment A have been filed with the Commission in the form previously delivered to the Distributor and authority that copies of any and all amendments thereto will be forwarded to the Distributor at the time that they are filed with the Commission;
(ii) The Registration Statement and any further amendments or supplements thereto will, when they become effective, conform in all material respects to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, and the rules and regulations of the Commission under such Acts, and will not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary consents to make the statements therein not misleading; provided, however, that this representation and warranty shall not apply to any statement or omission made in reliance upon and in conformity with information furnished in writing to ______ by the Distributor expressly for use therein;
(including where its procedures so requireiii) is validly existing as a stock life insurance company in good standing under the laws of the state of New York, the consent of its parent companywith power (corporate or otherwise) to enter into own its properties and perform conduct its obligations business as described in the Prospectus, and has been duly qualified for the transaction of business and is in good standing under the Contract and that the Contract is executed by a duly authorised representative laws of the Contractoreach other jurisdiction, or conducts any business, so as to require such qualification;
b(iv) The Contracts to be issued through the Separate Account and offered for sale by the Distributor on behalf of ______ hereunder have been duly and validly authorized and, when issued and delivered against payment therefor as at provided herein, will be duly and validly issued and will conform to the Commencement Date, all information description of such Contracts contained in the Tender remains true, accurate Prospectuses relating thereto;
(v) Those persons who offer and not misleading, save sell the Contracts are to be appropriately licensed in a manner as may have been specifically disclosed in writing to comply with the Authority prior to execution state insurance laws;
(vi) The performance of this Contract;
c) no claim Agreement and the consummation of the transactions contemplated by this Agreement will not result in a breach or violation of any of the terms and provisions of, or constitute a default under any statute, any indenture, mortgage, deed of trust, note agreement or other agreement or instrument to which ______ is being asserted and no litigationa party or by which ______ is bound, arbitration ______'s Charter as a stock life insurance company or administrative proceeding is presently in progress orBy-laws, to the best or any order, rule or regulation of its knowledge and belief, pending any court or threatened against it governmental agency or body having jurisdiction over _____ or any of its assets properties; and no consent, approval, authorization or order of any court or governmental agency or body is required for the consummation by ______ of the transactions contemplated by this Agreement, except such as may be required under the Securities Exchange Act of 1934 or state insurance or securities laws in connection with the distribution of the Contracts by the Distributor; and
(vii) There are no material legal or governmental proceedings pending to which will ______ or might the Separate Account is a party or of which any property of ______ or the Separate Account is the subject, other than as set forth in the Prospectus relating to the Contracts, and other than litigation incident to the kind of business conducted by ______, if determined adversely to ______, would individually or in the aggregate have a material adverse effect on its ability the financial position, surplus or operations of ______.
(b) The Distributor represents and warrants to perform its obligations under the Contract______ that;
d(i) it It is not subject a broker-dealer duly registered with the Commission pursuant to any contractual obligationthe Securities Exchange Act of 1934 and a member in good standing of the National Association of Securities Dealers, Inc., and is in compliance with the securities laws in those states in which is likely to have it conducts business as a material adverse effect on its ability to perform its obligations under the Contractbroker-dealer;
e(ii) no proceedings or other steps have been taken The performance of this Agreement and not discharged (nor, to the best of its knowledge, are threatened) for the winding up consummation of the Contractor transactions herein contemplated will not result in a breach or for its dissolution or for the appointment violation of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets terms or revenue;provisions of or constitute a default under any statute, any indenture, mortgage, deed of trust, note agreement or other agreement or instrument to which the Distributor is a party or by which the Distributor is bound, the Certificate of Incorporation or By-laws of the Distributor, or any order, rule or regulation of any court or governmental agency or body having jurisdiction over the Distributor or its property; and
f(iii) it has To the extent that any statements or omissions made in the Registration Statement, or any amendment or supplement thereto are made in reliance upon and in conformity with written information furnished to ______ by the Distributor expressly for use therein, such Registration Statement and any amendments or supplements thereto will, when they become effective or are filed with the Commission, as the case may be, conform in all material respects to the requirements of the Securities Act of 1933 and the rules and regulations of the Commission thereunder and will continue not contain any untrue statement of a material fact or omit to hold all necessary (if any) regulatory approvals from the Regulatory Bodies state any material fact required to be stated therein or necessary to perform make the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or therein not misleading;.
Appears in 1 contract
Samples: Distribution Agreement (Fs Variable Annuity Account Five)
Warranties. 8.1 7.01 The Contractor warrants, Company represents and undertakes for warrants to the duration of Consultant, with the Contract Period intent that the Consultant shall rely thereupon in entering into this Agreement, that:
(a) it the Company is duly incorporated and validly subsisting under the laws of Nevada and has full the corporate power and capacity and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into this Agreement;
(b) the Company has the legal right and perform authority to enter into this Agreement, and this Agreement has been approved by requisite corporate procedures;
(c) the entering into and performance of this Agreement and the transactions contemplated herein will not result in the violation of any of the terms and provisions of the constating documents of the Company, any shareholders’ or directors’ resolution, or of any indenture or other agreement, written or oral to which the Company may be a party or be bound or to which they may be subject or any judgement, decree, order, rule or regulation or any court or administrative body by which The Company is bound;
(d) this agreement has been duly executed and delivered by the Company and constitutes a legal, valid and binding obligation of the Company enforceable against the Company in accordance with its obligations under terms;
7.02 The Consultant represents and warrants to the Contract and Company, with the intent that the Contract is executed by a duly authorised representative Company shall rely thereupon in entering into this Agreement, that:
(a) the Consultant has the legal right and authority to enter into this Agreement;
(b) the entering into and performance of his Agreement and the transactions contemplated herein will not result in the violation of any of the Contractorterms and provisions of any other agreement to which the Consultant is bound or to which the Consultant may be subject or any judgement, decree, order, rule or regulation or any court or administrative body by which the Consultant is bound;
b(c) as at this agreement has been duly executed and delivered by the Commencement DateConsultant and constitutes a legal, valid and binding obligation of the Consultant enforceable against the Consultant in accordance with its terms;
(d) the Consultant is the legal and beneficial owner of all information contained right, title and interest in and to the Consultant’s interest in the Tender remains trueTechnology free and clear of all mortgages, accurate charges, liens and adverse claims whatsoever, and the Technology is not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contractpublic domain;
c(e) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and beliefbelief of the Consultant, true there are no lawful grounds for invalidating the Patent;
(f) the Patent claims are fully and accurate adequately described in all patent applications;
(g) The Consultant has not granted or agreed to grant any license or entered into any other agreement whereby the Consultant is obliged to give any other person any rights to commercially exploit the Technology; and
(h) there are no claims or actions outstanding or pending against the Consultant which would impair its ability to sell and that transfer the Technology to the Company.
7.03 If any party to this Agreement becomes aware of any threatened or actual infringement of the Patent it will advise promptly give notice to the Authority other party.
7.04 In the event of an alleged infringement of the Patent or any right respecting the Technology, the Company shall have the right to prosecute litigation designed to enjoin infringers of the Technology and the Consultant agrees to co-operate in respect of any fact, matter or circumstance such suits at the cost and expense of which it may become aware which would render any such statement or representation to be false or misleading;the Company.
Appears in 1 contract
Warranties. 8.1 (a) The Contractor warrants, Operator represents and undertakes warrants to TfNSW that the following warranties are true and correct and not misleading on the date of this Agreement, the Commencement Date and for the duration of the Contract Period thatTerm:
a(i) it is a corporation duly incorporated and validly existing under the Laws of New South Wales and the Commonwealth;
(ii) it has full capacity and authority and all necessary consents (including where its procedures so require, the consent of its parent company) power to enter into and perform its obligations under this Agreement and to carry out the Contract transactions contemplated by this Agreement and to carry on its business as now conducted or contemplated;
(iii) it has taken all necessary corporate action to authorise the entry into and performance of this Agreement and to carry out the transactions contemplated by this Agreement;
(iv) this Agreement creates valid and binding obligations on it and is enforceable against it in accordance with its terms, subject to any necessary stamping and registration, laws generally affecting creditors rights and general principles of equity;
(v) the execution and performance by it of this Agreement and each transaction contemplated under this Agreement did not and will not violate in any respect a provision of:
(A) a Law or treaty or a judgment, ruling, order or decree of a Governmental Agency binding on it;
(B) its constitution or other constituent documents; or
(C) any other document or agreement that is binding on it or its assets;
(vi) no suit, cause of action, proceeding, application, claim or investigation is current, pending, threatened or in prospect against it that may have an adverse effect on the performance of this Agreement;
(vii) no resolution has been passed for its winding up; no resolution has been passed for the appointment of an administrator to it;
(viii) there is no unsatisfied judgment against it;
(ix) there are no facts, matters or circumstances that give any person the right to apply to wind it up or to appoint a controller within the meaning of section 9 of the Corporations Act or an administrator or an inspector under the Corporations Act in respect of it or any part of its undertakings or assets or income;
(x) each Authorisation that is required in relation to:
(A) the execution, delivery and performance by it of this Agreement and the transactions contemplated by this Agreement;
(B) the validity and enforceability this Agreement; and
(C) its business as now conducted or contemplated and that is material (including under the Contract PT Act 1990, the PT Act 2014 and the Marine Safety Act), has been obtained or effected. Each is executed by a duly authorised representative in full force and effect. It has complied with each of them. It has paid all applicable fees for each of them. To the Contractor;
bextent this warranty applies to Authorisations that are only required (and can only be obtained) as at from the Commencement Date, it is only given as at and from the Commencement Date;
(xi) all information contained in returns, notices and other documents required to be lodged or given by it under the Tender remains true, accurate Corporations Act and not misleading, save as may other relevant acts and regulations have been specifically disclosed in writing to the Authority prior to execution of this Contractduly and properly prepared and lodged or given;
c(xii) there are no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to notices of any Governmental Agency outstanding against it;
(xiii) all Authorisations necessary for the best conduct of its knowledge business are validly subsisting and beliefare held by it;
(xiv) it has duly observed and complied in all respects with the provisions of all Laws and regulations and all orders, pending notices, awards and determinations made by any statutory or threatened against other competent authority in any way relating to or binding on it or any property owned or occupied by it;
(xv) all copies of documents (including its latest audited accounts and all Authorisations) given by it or on its behalf to TfNSW are true and complete copies. Where applicable, those documents are in full force and effect;
(xvi) all information provided by the Operator to TfNSW is true in all material respects at the date of this Agreement or, if later, when provided. Neither that information nor its conduct and the conduct of anyone on its behalf in relation to the transactions contemplated by this Agreement was or is or will be misleading, by omission or otherwise;
(xvii) it does not carry out any activities or hold any assets which will as the trustee of any trust; and
(xviii) it:
(A) has examined this Agreement and the Disclosed Information and any other information that was made available in writing by TfNSW or might have any other person on TfNSW's behalf;
(B) has been given the opportunity prior to submitting its Proposal to itself undertake tests, enquiries and investigations relating to the subject matter of the Disclosed Information;
(C) has had a material adverse sufficient opportunity to obtain and obtained all necessary legal and other technical advice in relation to this Agreement, the Disclosed Information and the risks, contingencies and other circumstances having an effect on its ability Proposal and the performance of its obligations and liabilities under this Agreement;
(D) has had sufficient access to perform the Disclosed Information and undertaken sufficient tests, enquiries and investigations, had sufficient information and obtained a sufficient understanding of the risks involved to enable it to make an informed decision about whether or not to enter into this Agreement and assume the obligations and potential risks and liabilities which it imposes on the Operator; and
(E) has satisfied itself as to the correctness and sufficiency of its Proposal and that it has made adequate allowance for the costs of complying with all of its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken this Agreement and not discharged (nor, to the best of its knowledge, are threatened) all matters and things necessary for the winding up due and proper performance and completion of the Contractor Ferry Services.
(b) The Operator must immediately notify TfNSW upon becoming aware that a representation or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) warranty it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations given under this Contract;
g) it clause 12.4 has and will continue to have all necessary rights in and to become untrue or misleading at any time during the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;Term.
Appears in 1 contract
Samples: Ferry Service Contract
Warranties. 8.1 The Contractor warrants, represents and undertakes Service Provider warrants that: use by the Commonwealth (including its contractors) of any item provided by the Service Provider for the duration purposes of the Contract Period that:
a) it has full capacity Accreditation Process or this Head Agreement will not infringe the Intellectual Property Rights of any person; and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and Service Provider will perform its obligations under the Contract and this Head Agreement in a manner that the Contract is executed by a duly authorised representative does not infringe any Intellectual Property Rights of the Contractor;
b) as at Commonwealth or any third party. The Service Provider warrants that: the Commencement DateService Provider’s execution and delivery of the Head Agreement, all information contained in and the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best performance of its knowledge and beliefobligations under this Head Agreement, pending will not constitute: a violation of any judgement, order or threatened against decree; a default under any contract by which it or any of its assets are bound; or an event that would, with notice or lapse of time, or both, constitute such a default; the Service Provider is duly constituted as a corporation under the Corporations Law; the constituting documents of the Service Provider empowers the Service Provider to enter into this Head Agreement and to do all things that it can reasonably contemplate will be required by this Head Agreement; all necessary corporate approvals have been obtained by the Service Provider to render this Head Agreement binding on, and legally enforceable against, the Service Provider in accordance with its terms; it will immediately notify Finance of the occurrence of, or the pending or threatened occurrence of, any event of which will it is aware that may cause or might have constitute a breach of any of the representations, warranties or covenants contained or made in connection with this Head Agreement, including without limitation, any event that may result in a material adverse effect on its ability change in the business of the Service Provider or may affect the financial viability of the Service Provider’s business; it has disclosed to perform its obligations under Finance prior to the Contract;
d) it is not subject to Commencement Date details of any contractual obligationlitigation or proceeding whatsoever, compliance with which is likely to actual or threatened, against the Service Provider that may have a material an adverse effect on its the ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation Service Provider to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing provide the Services and/or delivered to the Authority; h) NOT USED; i) a Commonwealth Agency and these disclosures are true and correct as at the Commencement Date all statements Date; and representations throughout the term of this Head Agreement, any additional issues of the kind and described in the Contractor's Response clause 18.2(f) that arise from time to time subsequent to the Invitation Commencement Date will be disclosed by the Service Provider to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;Finance when they occur.
Appears in 1 contract
Samples: Head Agreement
Warranties. 8.1 (a) The Contractor warrants, Company represents and undertakes for the duration of the Contract Period warrants to Principal Underwriter that:
a(i) it has full capacity Registration Statements (on Forms S 6 and authority N-8B2 for each of the Contracts identified in Attachment A have been filed with the Commission in the form previously delivered to Principal Underwriter and that copies of any and all amendments thereto will be forwarded to Principal Underwriter at the time that they are filed with Commission;
(ii) The Registration Statements and any further amendments or supplements thereto will, when they become effective, conform in all material respects to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, and the rules and regulations of the Commission under such Acts, and will not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary consents to make the statements therein not misleading; provided, however, that this representation and warranty shall not apply to any statement or omission made in reliance upon and in conformity with information furnished in writing to Company by Principal Underwriter expressly for use therein;
(including where its procedures so require, the consent of its parent companyiii) to enter into and perform its obligations The Company is validly existing as a stock life insurance company in good standing under the Contract and that the Contract is executed by a duly authorised representative laws of the ContractorState of Illinois, with power to own its properties and conduct its business as described in the Prospectus, and has been duly qualified for the transaction of business and is in good standing under the laws of each other jurisdiction in which it owns or leases properties, or conducts any business;
b(iv) The Contracts to be issued by the Company and through the Separate Account and offered for sale by Principal Underwriter on behalf of the Company hereunder have been duly and validly authorized and, when issued and delivered with payment therefore as at provided herein, will be duly and validly issued and will conform to the Commencement Date, all information description of such Contracts contained in the Tender remains true, accurate Prospectuses relating thereto;
(v) Those persons who offer and not misleading, save as may have been specifically disclosed in writing sell the Contracts are to be appropriately licensed or appointed to comply with the Authority prior to execution state insurance laws;
(vi) The performance of this Contract;
c) no claim Agreement and the consummation of the transactions contemplated by this Agreement will not result in a violation of any of the provisions of or default under any statute, indenture, mortgage, deed of trust, note agreement or other agreement or instrument to which Company is being asserted and no litigationa party or by which Company is bound (including Company's Charter or By-laws as a stock life insurance company, arbitration or administrative proceeding is presently in progress orany order, to the best rule or regulation of its knowledge and belief, pending any court or threatened against it governmental agency or body having jurisdiction over Company or any of its assets properties);
(vii) There is no consent, approval, authorization or order of any court or governmental agency or body required for the consummation by Company of the transactions contemplated by this Agreement, except such as may be required under the Securities Exchange Act of 1934 or state insurance or securities laws in connection with the distribution of the Contracts; and
(viii) There are no material legal or governmental proceedings pending to which will Company or might the Separate Account is a party or of which any property of Company or the Separate Account is the subject (other than as set forth in the Prospectus relating to the Contracts, or litigation incidental to the kind of business conducted by the Company) which, if determined adversely to Company, would individually or in the aggregate have a material adverse effect on its ability the financial position, surplus or operations of Company.
(b) Principal Underwriter represents and warrants to perform its obligations Company that:
(i) It is a broker-dealer duly registered with the Commission pursuant to the Securities Exchange Act of 1934, is a member in good standing of the NASD, and is in compliance with the securities laws in those states in which it conducts business as a broker-dealer;
(ii) As a principal underwriter, it shall permit the offer and sale of Contracts to the public only by and through persons who are appropriately licensed under the Contractsecurities laws and who are appointed in writing by the Company to be authorized insurance agents unless such persons are exempt from licensing and appointment requirements;
d(iii) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under The performance of this Agreement and the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up consummation of the Contractor transactions herein contemplated will not result in a breach or for its dissolution or for the appointment violation of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets terms or revenue;provisions of or constitute a default under any statute, indenture, mortgage, deed of trust, note agreement or other agreement or instrument to which Principal Underwriter is a party or by which Principal Underwriter is bound (including the Certificate of Incorporation or By-laws of Principal Underwriter or any order, rule or regulation of any court or governmental agency or body having jurisdiction over either Principal Underwriter or its property); and
f(iv) it has To the extent that any statements made in the Registration Statements, or any amendments or supplements thereto, are made in reliance upon and in conformity with written information furnished to Company by Principal Underwriter expressly for use therein, such statements will, when they become effective or are filed with the Commission, as the case may be, conform in all material respects to the requirements of the Securities Act of 1933 and the rules and regulations of the Commission thereunder, and will continue not contain any untrue statement of a material fact or omit to hold all necessary (if any) regulatory approvals from the Regulatory Bodies state any material fact required to be stated therein or necessary to perform make the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or therein not misleading;.
Appears in 1 contract
Samples: Underwriting Agreement (Glenbrook Life & Annuity Co)
Warranties. 8.1 4.1. The Contractor warrants, represents Supplier warrants that as at the date of this agreement and undertakes for during the duration of the Contract Period thatTerm:
(a) it has full capacity the power and authority to en ter i nto th i s agreement and to perform its obli gati ons un der this agreement and has not relied on any information provided by Compass Group to en ter this agreement or gear up to provide the products;
(b) it will produce and provide all necessary consents products in a diligent and professional manner with the degree o f s k il l and care that is normally exercised by s uppl iers supplying products of a similar nature;
(including where its procedures so requirec) the products shall, at the time of supply, match the description in this agreement and be of quality which is in the opinion of Compass Group satisfactory, fit for the purpose, the consent correct retai l quantity and weight, produced in a competent manner of its parent companysound materials and of the nature, substance and quality specified by Compass Group and will at all times be of a standard wh ic h is in the opinion of Compass Group satisfactory;
(d) the products conform in every respect with the requirements of the Compass Group Supplier Requirements as advised from time to enter into time;
(e) it has all licences, authorisations, consents, approvals and perform its permits required by applicable laws in order to provide the product an d p erform i ts obligations under this agreement;
(f) the Contract provision of products by the Supplier an d th e use thereof will not infringe the intellectual property of any third parties;
(g) it has effected all insurance as required by law and under this agreement;
(h) it will comply with this Anti-bribery warranty - as a matter of corporate policy and as strictly prohibited under the Compass CBC, Compass Group expressly prohibits payments or offers o f bribes and/or facilitation payments (otherwise known as “grease” payments) in connection with Co mpass Group business operations by any supplier or agent engaged to provide goods o r s erv ices to Compass.
(i) Supplier undertakes and agrees that in connection with this agreement and the Contract is executed transactions contemplated by a duly this agreement, it will comply with all applicabl e l aws , rul es, regulations, decrees and/or official governmental orders of the United Ki n gdom, the United States of America and the co untry of operations relating to anti-c orrupti on and anti-money laundering.
(ii) Supplier agrees, undertakes and confirms that it and each member of the Supplier Group, has not made, offered, promised to make, authorised the making of , and will not mak e, offer, or promise to make, or authorize the making of, any payment or other trans fer o f any financial or other advantage or an y xxx xx else of value, including without limitation th e provision of any funds, services, gifts or entertainment, directly or indirectly to any:
a. government official;
b. director, officer, employee or agent/representative of the Contractoran actual o r prospective counterparty, supplier or customer of Compass;
b) as at the Commencement Datec. director, all information contained in the Tender remains trueofficer, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution employee or agent of this Contract;
c) no claim is being asserted and no litigation, arbitration Compass Group or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it co-venturers or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contracttheir affiliates;
d) it is not subject to any contractual obligationd. political party, compliance with which is likely to have official of a material adverse effect on its ability to perform its obligations under the Contractpolitical party, or candidate for public office;
e) no proceedings e. agent or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) intermediary for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation payment to any of the Contractor‟s assets foregoing; or
f. other person or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor entity; for the purpose of providing obtaining, rewarding or influencing the Services and/or delivered award of this agreement or for an y improper advantage or improper purpose or where it would be improper for the person to accept such an advantage in connection with the performance of this agreement and the transactions contemplated hereunder or in connection with any other business transactions involving Compass, i f and to the Authority; h) NOT USED; extent that to do so is o r wo uld be i n violation of or inconsistent with the princ iples or requirements of any anti-bribery or anti-money laundering laws applicable to Compass Group o r to Supplier, or to their respective parent companies, including, but not limited to , th e UK Xxxxxxx Xxx 0000, the UK Anti-Terrorism, Crime and Security Xxx 0000, the U.S. Foreign Corrupt Practices Act and successor legislation, legislation implementing the OECD Convention on Combating Bribery of Foreign Public O ffi ci als i n International Business Transactions or the United Nations Convention Against Corruption, and/or the anti-corruption or anti-money laundering l aws of the country of operations.
(i) as at Notwithstanding the Commencement Date all statements and representations in the Contractor's Response foregoing undertakings, Supplier agrees to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority notify Compass Group promptly upon discovery of any factinstance where Suppl ier has failed to comply with any p rovi sions o f th i s clause. practice and the Compass Group Supplier Requirements.
5.5. The Supplier shall respond within 2 (two) days in writing to any supplier service report (or similar) requested by a Compass Group’s representative.
5.6. The Supplier shall control and measure its use o f raw materials and natural resources connected with its activities, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;processes, products and services and s hal l also control and measure the resulting waste, pollution and greenhouse gas emissions in an environmental ly responsible manner in accordance with accepted Australian and New Zealand Standards and laws.
Appears in 1 contract
Samples: Terms and Conditions
Warranties. 8.1 The Contractor warrants(1) Dura Products hereby represents, represents warrants and undertakes for covenants to the duration of Company the Contract Period thatfollowing:
a(i) it Dura Products has full capacity power and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into this Agreement and to perform its obligations under the Contract each and that the Contract is every covenant and agreement herein contained;
(ii) this Agreement has been duly authorized, executed and delivered by Dura Products and constitutes a duly authorised representative valid, binding and legally enforceable agreement of the ContractorCompany;
b(iii) as at the Commencement Datedate hereof, all information contained in the Tender remains trueDura Products has no knowledge of any claims, accurate and not misleadingdemands, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no proceedings, litigation, arbitration suits, actions, decrees, orders, judgments, or findings whatsoever of either any regulatory or administrative proceeding is presently body or court of competent jurisdiction that affect, or could in progress orany way affect, to the best ability of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability Dura Products to perform its obligations under the Contractthis Agreement;
d(iv) it is not subject the execution and delivery of this Agreement, and the performance of the covenants and agreements herein contained, are not, in any manner or to any extent, limited or restricted by, and are not in conflict with, any creditor arrangements, shareholder agreements, software contracts, equipment contracts, or any other commercial arrangements, obligations, contract, agreement, or instrument to which Dura Products is bound, or by any rights of any other person;
(v) to the knowledge of Dura Products, the performance of this Agreement by Dura Products shall not, in any manner or to any extent whatsoever, infringe, contravene, breach, interfere with, or harm, the rights of any other person whatsoever, including without limitation any intellectual property rights, copyrights, patent rights, moral rights, confidentiality rights, equitable rights, contractual obligationrights, compliance common law rights, or statutory rights; and
(vi) there is no regulatory or governmental prohibition, restriction, limitation or judgment which has been imposed upon Dura Products, or which otherwise exists and which Dura Products has knowledge of, which could, in any way, interfere with which is likely or restrict Dura Products' performance of its obligations under this Agreement.
(2) The Company hereby represents, warrants and covenants to have Dura Products the following:
(i) the Company has full power and authority to enter into this Agreement and to perform each and every covenant and agreement herein contained;
(ii) this Agreement has been duly authorized, executed and delivered by the Company and constitutes a material adverse effect on its valid, binding and legally enforceable agreement of the Company;
(iii) as at the effective date, the Company has no knowledge of any claims, demands, proceedings, litigation, suits, actions, decrees, orders, judgments, or findings whatsoever of either any regulatory or administrative body or court of competent jurisdiction that affect, or could in any way affect, the ability of the Company to perform its obligations under the Contractthis Agreement;
e(iv) no proceedings the execution and delivery of this Agreement, and the performance of the covenants and agreements herein contained, are not, in any manner or to any extent, limited or restricted by, and are not in conflict with, any creditor arrangements, shareholder agreements, software contracts, equipment contracts, or any other steps have been taken and not discharged commercial arrangements, obligations, contract, agreement, or instrument to which the Company is bound, or by any rights of any other person;
(nor, v) to the best knowledge of the Company, the performance of this Agreement by the Company shall not, in any manner or to any extent whatsoever, infringe, contravene, breach, interfere with, or harm, the rights of any other person whatsoever, including without limitation any intellectual property rights, copyrights, patent rights, moral rights, confidentiality rights, equitable rights, contractual rights, common law rights, or statutory rights; and
(vi) there is no regulatory or governmental prohibition, restriction, limitation or judgment which has been imposed upon the Company, or which otherwise exists and which the Company has knowledge of, which could, in any way, interfere with or restrict the Company's performance of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;Agreement.
g(3) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledgeTHE FOREGOING WARRANTIES ARE EXCLUSIVE AND ARE GIVEN AND ACCEPTED IN LIEU OF ANY AND ALL OTHER WARRANTIES, information and beliefEXPRESS OR IMPLIED, true and accurate and that it will advise the Authority of any factCONCERNING THE DURASKID TECHNOLOGY AND THIRD PARTY TECHNOLOGY AND ALL OTHER OBLIGATIONS OF THE PARTIES, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;INCLUDING WITHOUT LIMITATION ANY OTHER IMPLIED WARRANTIES OR MERCHANTABILITY, AND ANY IMPLIED WARRANTIES OF FITNESS FOR THE PURPOSE OR ANY OTHER PARTICULAR PURPOSE. DURA PRODUCTS EXPRESSLY DENIES AND DISCLAIMS ANY WARRANTY CONCERNING THE PERFORMANCE, OPERATION, AND THE FUNCTIONALITY OF THE DURASKID TECHNOLOGY AND THIRD PARTY TECHNOLOGY WHATSOEVER OTHER THAN AS EXPRESSLY PROVIDED HEREIN.
Appears in 1 contract
Samples: Technology License Agreement (Dura Products International Inc)
Warranties. 8.1 The Contractor warrants, represents and undertakes for the duration of the Contract Period Each Shareholder warrants that:
(a) it has full the capacity and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and perform its obligations under the Contract and that the Contract is executed by a duly authorised representative of the Contractor;
b) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contractthis deed;
(b) it has taken all necessary legal action to authorise the entry into and performance of this deed and its obligations under this deed; and
(c) where it enters into this deed as a trustee:
(i) it has the capacity to be trustee of the relevant trust and has power as trustee unconditionally to execute and deliver and comply with its obligations under this deed;
(ii) it has taken all necessary action required to authorise the unconditional execution and delivery of and the compliance with its obligations under this deed;
(iii) in executing and delivering this deed and entering into the transactions contemplated by this deed, it has properly complied with its obligations to the beneficiaries of the trust and the execution and delivery of this deed and the entry into the transactions contemplated by this deed are for the benefit of the beneficiaries of the trust and do not constitute a conflict of interest or duty or breach of trust;
(iv) it is the only trustee of the trust and no action has been taken to remove it as trustee of the trust or to appoint an additional trustee of the trust;
(v) no action has been taken to terminate the trust; and
(vi) it has not defaulted in compliance of its obligations as trustee of the trust; and
(d) where it enters into this deed as a company:
(i) it is duly incorporated and validly exists under the laws of its jurisdiction;
(ii) it is not subject to affected or threatened by any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;form of insolvency or administration; and
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
fiii) it has taken all corporate action and will continue to hold passed all necessary (if any) regulatory approvals from the Regulatory Bodies appropriate resolutions that are necessary to perform the Contractor's obligations under authorise execution and performance of this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;deed.
Appears in 1 contract
Samples: Subscription Agreement (China Nuokang Bio-Pharmaceutical Inc.)
Warranties. 8.1 5.1 The Contractor warrants, Seller represents and undertakes for warrants that (if the duration of representations and warranties given by the Contract Period that:Purchaser in clause 5.2 and in particular the warranty given in clause 5.2(e) are correct):
(a) it has full capacity the right, power and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and perform its obligations under this Agreement;
(b) it has taken all necessary corporate or other action to authorise the Contract execution of, and that performance by it of its obligations under, this Agreement;
(c) each of the Contract is Transaction Documents (and all documents referenced therein) will, when executed by a duly authorised representative all parties thereto, constitute valid, legal and binding obligations of the ContractorSeller, enforceable in accordance with their respective terms;
b(d) as at the Commencement Dateexecution, all information contained delivery and performance of the Transaction Documents or any document referred to herein or therein will not contravene or result in a violation of any constitutional documents of the Seller or any applicable law, ordinance, principle of common law, regulation, statute, treaty, order, decree or decision binding on or affecting the Seller or the Shares;
(e) no person has the right (whether exercisable now or in the Tender remains truefuture and whether contingent or not) under any option, accurate agreement or other arrangement (including conversion rights and not misleadingrights of pre-emption) to acquire or request to sell the Shares or any part of them;
(f) all third-party approvals, save as may consents, authorisations and notifications (including any governmental approvals, consents, authorisations and notifications) necessary for the Seller to enter into this Agreement and/or for the Transaction have been specifically disclosed obtained, filed and given;
(g) the Seller is the sole legal and beneficial owner of the Shares and has the right to transfer the full legal and beneficial interest in writing the Shares respectively to the Authority prior to execution Purchaser without the consent of this Contracta third person;
c(h) the Shares are not affected by any Encumbrance and there are no claim is being asserted and no litigation, arbitration arrangements or administrative proceeding is presently obligations that could result in progress or, to the best creation of its knowledge and belief, pending or threatened against it or any Encumbrance affecting any of its assets the Shares; and
(i) the Seller does not have any arrangements, including, but not limited to any agreements, deeds, undertakings, resolutions, minutes, consents, which will in any way, directly or might have a material adverse effect on its ability indirectly oblige or may oblige the Purchaser to incur direct or indirect expenses and/or losses of any nature and/or any other financial liabilities, other than provided for in this Agreement, in connection with the Company’s activities and/or obligations.
5.2 The Purchaser represents and warrants that:
(a) it has the right, power and authority to enter into and perform its obligations under the Contractthis Agreement;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
fb) it has and will continue to hold taken all necessary (if any) regulatory approvals from corporate or other action to authorise the Regulatory Bodies necessary to perform the Contractor's execution of, and performance by it of its obligations under under, this ContractAgreement;
g(c) it has each of the Transaction Documents (and all documents referenced therein) will, when executed by all parties thereto, constitute valid, legal and binding obligations of the Purchaser, enforceable in accordance with their respective terms;
(d) the execution, delivery and performance of the Transaction Documents or any document referred to herein or therein will continue not contravene or result in a violation of any constitutional documents of the Purchaser or any applicable law, ordinance, principle of common law, regulation, statute, treaty, order, decree or decision binding on or affecting the Purchaser or the Shares;
(e) in particular but without limitation the execution, delivery and performance of the Transaction Documents or any document referred to have all necessary rights herein or therein will not contravene or result in and to a violation of the Intellectual Property Rights in all materials used by decision of the Contractor United States District Court for the purpose Southern District of providing New York given on 19 November 2008 (the Services “Decision”), requiring the Purchaser to reduce its interest in Turkcell Iletisim Hizmetleri A.S or any other order, decree or decision given in respect of the Telenor Dispute;
(f) all third-party approvals, consents, authorisations and notifications (including any governmental approvals, consents, authorisations and notifications) necessary for the Purchaser to enter into this Agreement and/or delivered to for the Authority; h) NOT USED; i) as at the Commencement Date all statements Transaction have been obtained, filed and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;given.
Appears in 1 contract
Samples: Sale and Purchase Agreement (Alfa Telecom Turkey LTD)
Warranties. 8.1 The Contractor warrants, Service Provider hereby represents and undertakes for warrants to SARS that- this Agreement has been duly authorised and executed by it and constitutes a legal, valid and binding set of obligations on it; it is acting as principal and not as an agent of an undisclosed principal; the execution of this Agreement does not constitute a violation of any statute, judgment, order, decree or regulation or rule of any court, competent authority or arbitrator or competent jurisdiction applicable or relating to the Service Provider, its assets or its business, or its memorandum of incorporation or any other documents or any binding obligation, contract or agreement to which it is a party or by which it or its assets are bound; it has in place and will, throughout the duration of the Contract Period that:
a) Agreement, maintain security safeguards contemplated in section 19 of POPIA; it has full the necessary resources, skills and capacity to render the Services to SARS in a diligent manner; it will provide the Services in a cost-effective and authority expedient manner, thereby ensuring that no unnecessary or extraordinary costs are incurred and all necessary consents (including where its procedures so requirepassed on to SARS; it has the capacity to timeously deliver the Services, the consent of its parent company) to enter into and perform its obligations under the Contract and that the Contract is executed by a duly authorised representative time being of the Contractor;
b) as at essence; it shall not, in executing the Commencement DateServices, all information contained in breach or infringe any intellectual property right of a third party; it will comply with the Tender remains true, accurate and not misleading, save as Personal Information Processing Addendum; no factual circumstances exist that may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of materially affect its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability capacity to perform its obligations under this Agreement; it, along with the Contract;
d) Service Provider’s Personnel, shall at all times have, and comply with all legal requirements and with the terms and conditions of all necessary licenses, certificates, authorisations and consents required under the laws of the Republic of South Africa or under any other applicable jurisdiction for the delivery of the Services; and it is not subject to any contractual obligation, compliance familiar with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from comply with Applicable Law. It is expressly agreed between the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has Parties that each warranty and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used representation given by the Contractor for Service Provider in its Proposal and in this Agreement is material to this Agreement and induced SARS to conclude this Agreement. The provisions of this clause shall survive the purpose termination of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;this Agreement.
Appears in 1 contract
Samples: Services Agreement
Warranties. 8.1 6.1 The Contractor warrants, Welsh Ministers represents and undertakes for the duration of the Contract Period warrants that:
(a) it has full capacity and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and to perform this Agreement;
(b) this Agreement is executed by its duly authorised representative;
(c) there are no actions, suits or proceedings or regulatory investigations before any court or administrative body or arbitration tribunal pending or, to its knowledge, threatened against it that might affect its ability to perform its obligations under this Agreement; and
(d) its obligations under this Agreement constitute its legal, valid and binding obligations, enforceable in accordance with their respective terms subject to applicable bankruptcy, reorganisation, insolvency, moratorium or similar laws affecting creditors’ rights generally and subject, as to enforceability, to equitable principles of general application (regardless of whether enforcement is sought in a proceeding in equity or law).
6.2 The Supplier represents and warrants that:
(a) it is validly incorporated, organised and subsisting in accordance with the Contract Laws of its place of incorporation;
(b) it has full capacity and that the Contract authority to enter into and to perform this Agreement;
(c) this Agreement is executed by a its duly authorised representative of the Contractorrepresentative;
b(d) as at the Commencement Date, it has all information contained in the Tender remains true, accurate necessary consents and not misleading, save as may have been specifically disclosed in writing regulatory approvals to the Authority prior to execution of enter into this ContractAgreement;
c(e) there are no claim is being asserted and no litigationactions, arbitration suits or proceedings or regulatory investigations before any court or administrative proceeding is presently in progress body or arbitration tribunal pending or, to the best of its knowledge and beliefknowledge, pending or threatened against it or any of its assets which will or Affiliates that might have a material adverse effect on affect its ability to perform its obligations under the Contractthis Agreement;
d(f) its execution, delivery and performance of its obligations under this Agreement will not constitute a breach of any Law or obligation applicable to it and will not cause or result in a default under any agreement by which it is bound;
(g) its obligations under this Agreement constitute its legal, valid and binding obligations, enforceable in accordance with their respective terms subject to applicable bankruptcy, reorganisation, insolvency, moratorium or similar Laws affecting creditors’ rights generally and subject, as to enforceability, to equitable principles of general application (regardless of whether enforcement is sought in a proceeding in equity or law);
(h) all written statements and representations in any written submissions made by the Supplier as part of the procurement process, including without limitation its response to the ITT (if applicable), its tender and any other documents submitted remain true and accurate except to the extent that such statements and representations have been superseded or varied by this Agreement or to the extent that the Supplier has otherwise disclosed to the Welsh Ministers in writing prior to the date of this Agreement;
(i) it has notified the Welsh Ministers in writing of any Occasions of Tax Non- Compliance and any litigation in which it is involved that is in connection with any Occasion of Tax Non-Compliance;
(j) it has all necessary rights in and to the Licensed Software, the Third Party IPRs, the Supplier Background IPRs and any other materials made available by the Supplier (and/or any Sub-contractor) to the Welsh Ministers and the Customers, which are necessary for the performance of the Supplier’s obligations under this Agreement and/or the receipt of the Services by the Welsh Ministers and the Customers;
(k) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;this Agreement; and
e(l) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor Supplier or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s Supplier’s assets or revenue;.
f) it has 6.3 The representations and will continue warranties set out in Clause 6.2 shall be deemed to hold all necessary be repeated by the Supplier on the Effective Date (if anylater than the date of signature of this Agreement) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and by reference to the Intellectual Property Rights facts then existing.
6.4 Each of the representations and warranties set out in all materials used Clauses 6.1 and 6.2 shall be construed as a separate representation and warranty and shall not be limited or restricted by reference to, or inference from, the terms of any other representation, warranty or any other undertaking in this Agreement.
6.5 If at any time a Party becomes aware that a representation or warranty given by it under Clause 6.1 or 6.2 has been breached, is untrue or is misleading, it shall immediately notify the other Party of the relevant occurrence in sufficient detail to enable the other Party to make an accurate assessment of the situation.
6.6 For the avoidance of doubt, the fact that any provision within this Agreement is expressed as a warranty shall not preclude any right of termination which the Welsh Ministers may have in respect of breach of that provision by the Contractor for the purpose of providing the Services and/or delivered Supplier.
6.7 Except as expressly stated in this Agreement, all warranties and conditions whether express or implied by statute, common law or otherwise are hereby excluded to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;extent permitted by Law.
Appears in 1 contract
Samples: Framework Agreement
Warranties. 8.1 A. The Contractor warrants, represents and undertakes for Supplier warrants to the duration of Purchaser that in relation to the Contract Period thatGoods:
(a) it has full capacity the right to sell and authority transfer title to and property in the Goods to the Purchaser and the Goods are free from any and all necessary consents Encumbrances;
(including where b) it is entitled to use and deal with any Intellectual Property Rights which may be used by it in connection with the Goods;
(c) it and its procedures so requireemployees, the consent of its parent company) agents and contractors do not hold any office or possess any property, are not engaged in any business or activity and do not have any obligations whereby duties or interests are or might be created in conflict with or might appear to enter into and perform be created in conflict with its obligations under the Contract Agreement; and
(d) the Goods:
(i) are new and that fit for the Contract purpose stated in the Specifications (or, if no purpose is executed by a duly authorised representative of stated, the Contractorpurpose for which the Goods would ordinarily be used);
b(ii) as at conform in all respects with the Commencement DateSpecifications;
(iii) are free from defects (including defects in installation); and
(iv) are of merchantable quality and comply with all Laws. Further, all information contained the Supplier must obtain, where provided for in the Tender remains trueSpecifications, accurate and not misleading, save as may have been specifically disclosed in writing for the Purchaser the benefit of any manufacturer’s warranties.
B. The Supplier warrants to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer Purchaser that in relation to any the Services:
(a) the provision of the Contractor‟s assets or revenueServices will be carried out with all due care and skill and in accordance with all applicable standards, principles and practices;
f(b) it has the accreditation or membership of professional or other bodies necessary for the provision of the Services and, where the Purchaser and Supplier have entered into an Agreement, that it will continue use its best endeavours to hold all necessary maintain such accreditation or membership during the Term;
(if anyc) regulatory approvals from it and its employees, agents and contractors are appropriately qualified and have the Regulatory Bodies necessary requisite knowledge, skill and expertise to perform the Contractor's obligations under this ContractServices in accordance with the Service Level Requirements;
(d) whilst on premises owned or controlled by the Purchaser, the Supplier and its employees, agents and contractors will at all times comply with the Purchaser’s lawful directions and policies of which the Supplier is notified or is otherwise aware, including any applicable occupational health and safety and security policies;
(e) where the Purchaser has, either expressly or by implication, made known to the Supplier any particular purpose for which the Services are required, the Services will be performed in such a way as to achieve that result;
(f) the provision of the Services will not infringe any right of any third party (including, without limitation, any intellectual property right) or any Laws; and
(g) it all representations made by the Supplier in or in connection with a Purchase Order Contract and or the Agreement are accurate and the Supplier has and will continue to have all necessary rights in and to maintain during the Intellectual Property Rights in all materials used by Term the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations quality assurance arrangements set out in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;Service Level Requirements.
Appears in 1 contract
Samples: General Purchase Conditions
Warranties. 8.1 2.1 The Contractor warrants, Prospector (i) represents and undertakes for warrants as follows to the duration Grantor (such representations and warranties being of a continuous nature and deemed to be effective at all times during the Contract Period thatterm of this Agreement); and (ii) acknowledges and confirms that the Grantor, after due enquiry, is relying on such representations and warranties in the entering into by it of this Agreement :
a) 2.1.1 The Prospector is a corporation duly incorporated and existing under the laws of Canada and is duly qualified, licensed or registered to carry on business under the laws applicable to it in all jurisdictions in which the nature of its assets or business makes such qualification necessary or where failure to be so qualified would have a material adverse effect on its business or its ability to fulfil its obligations under this Agreement; 1003/GEO/KJW/MF 26/02/2003
2.1.2 it has full capacity and authority and all necessary consents (including where its procedures so require, the consent of its parent company) corporate power to enter into and perform its obligations under this Agreement and any agreement and instrument referred to in or contemplated by this Agreement;
2.1.3 it is not (i) insolvent; or (ii) generally unable to pay its debts as such debts become due;
2.1.4 the Contract execution, delivery and that performance by it of this Agreement and any other agreement or instrument to be executed and delivered by it hereunder and the Contract is executed consummation by a it of all the transactions contemplated hereby and thereby have been duly authorised representative by all necessary corporate action on the part of the Contractorit;
b) as at the Commencement Date, 2.1.5 this Agreement and all information contained in the Tender remains true, accurate other agreements or instruments to be executed and not misleading, save as may delivered by it hereunder have been specifically disclosed duly executed and delivered by it, and constitute legal, valid and binding obligations of it enforceable against it in writing to the Authority prior to execution of this Contractaccordance with their respective terms;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) 2.1.6 it is not subject to to, or party to, any contractual obligationcharter or by-law restriction, compliance with any law, any claim, or any Encumbrance or any other restrictions of any kind or character which is likely to would prevent consummation of or have a material any adverse effect on the transactions contemplated by this Agreement or any other agreement or instrument to be executed and delivered by it hereunder; 1003/GEO/KJW/MF 26/02/2003
2.1.7 it is not required to obtain shareholder approval for the execution or delivery of this Agreement or the performance of any of its ability terms and no regulatory body having jurisdiction over it is required to perform consent to or approve the execution and delivery of this Agreement or the performance of any of its obligations under the Contractterms, or if necessary, it has obtained such shareholder approval and/or such consents;
e2.1.8 there are no outstanding suits or actions for non-performance on reclamation work with respect to the Prospector or its Affiliates.
2.2 The Grantor (i) represents and warrants as follows to the Prospector (such representations and warranties being of a continuous nature and deemed to be effective at all times during the term of this Agreement); and (ii) acknowledges and confirms that the Prospector, after due enquiry, is relying on such representations and warranties in the entering into by it of this Agreement :
2.2.1 the execution, delivery and performance by the Grantor of this Agreement and any other agreement or instrument to be executed and delivered by it hereunder and the consummation by it of all the transactions contemplated hereby and thereby have been duly authorised by all necessary action on the part of the Grantor; 1003/GEO/KJW/MF 26/02/2003
2.2.2 this Agreement and all other agreements or instruments to be executed and delivered by the Grantor hereunder have been duly executed and delivered by the Grantor, as the case may be, and constitute legal, valid and binding obligations of the Grantor enforceable against the Grantor and the Holders in accordance with their respective terms;
2.2.3 the signatories on behalf of the Grantor have the full power to enter into this Agreement and have the full right and authority to act and legally bind all of the mineral right holders of the Properties and all of the Holders;
2.2.4 the Grantor is not subject to, or party to, any charter or by-law restriction, any law, any claim, or any Encumbrance or any other restrictions of any kind or character which would prevent consummation of or have any adverse effect on the transactions contemplated by this Agreement or any other agreement or instrument to be executed and delivered by the Grantor hereunder; 1003/GEO/KJW/MF 26/02/2003
2.2.5 to the reasonable knowledge of the Grantor no proceedings regulatory body having jurisdiction over the Grantor is required to consent to or approve the execution and delivery of this Agreement or the performance of any of its terms, or where necessary, the Grantor has obtained such approval and/or such consents;
2.2.6 to the reasonable knowledge of the Grantor all operations, undertaken on the Properties to date have complied with all applicable laws, including all applicable environmental laws;
2.2.7 the Grantor, alone or together with any other person, does not hold any direct or indirect interest in or right to acquire any interest in any right to explore or mine or both, any part of the Properties other than the Mineral Rights;
2.2.8 to the reasonable knowledge of the Grantor it has delivered to the Prospector all relevant data and information in its possession or under its control relating to the mineral potential of the Properties and relating to access rights to the Properties. The Grantor is not aware of any pending or threatened claims by third parties, including indigenous peoples or government agencies, for anything done or not done with respect to the Mineral Rights or the Properties; 1003/GEO/KJW/MF 26/02/2003
2.2.9 to the reasonable knowledge of the Grantor no environmental, reclamation or abandonment obligations or work orders or other steps have been taken liabilities presently exist with respect to any portion of the Mineral Rights or the Properties and it is not discharged (noraware, to the best of its knowledge, are threatened) after due inquiry, of any basis for any such obligations or liabilities to arise in the winding up future as a result of any activity on the Properties carried out by it or its predecessors-in-title;
2.2.10 all taxes, levies, duties, royalties or imposts of any kind whatsoever in respect of the Contractor ownership and use of the Mineral Rights which were or for are due and payable on or prior to the date of this Agreement have been paid and satisfied as of such date;
2.2.11 it will disclose to the Prospector all information, data and documentation in its dissolution possession or for the appointment known to it of a receiver, administrative receiver, liquidator, manager, administrator or similar officer relevance in relation to any the Mineral Rights and the Properties on the date of the Contractor‟s assets or revenue;
f) it has and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;notarial execution hereof.
Appears in 1 contract
Samples: Notarial Prospecting and Option Contract (Platinum Group Metals LTD)
Warranties. 8.1 The Contractor warrantsIn accepting the Grant and any payment of it, the Recipient represents and undertakes for warrants that: it is validly existing and the duration execution on behalf of the Contract Period that:
a) Recipient of this Agreement has been validly authorised and the obligations expressed as being assumed by the Recipient under this Agreement constitute valid legal and binding obligations of the Recipient enforceable against the Recipient in accordance with their terms; it has full capacity and authority to deliver the Pre-Development Work and all necessary consents (the Project, including where its procedures so require, procuring the consent of its parent company) to enter into and perform its obligations under the Contract and that the Contract is executed by a duly authorised representative services of the Contractor;
b) as at Project Consultants to undertake the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer Pre-Development Work; in relation to any the Pre-Development Work and its use of the Contractor‟s assets or revenue;
f) Grant, it has and will continue to hold all necessary (if any) comply with any applicable law, guidance or industry code, rule of court or directives or requirements of any regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) body; it has obtained and will continue to have all any consents or approvals, and has the resources and expertise necessary rights in to deliver the Pre-Development Work and procure the services of the Project Consultants to undertake the Pre-Development Work, and to comply with the Intellectual Property Rights terms of this Agreement; it has disclosed in all materials used by the Contractor for the purpose of providing the Services and/or delivered writing to the AuthorityFunder all information which would or might reasonably be thought to influence the Funder’s decision to award the Grant and which might materially and adversely impact on the Recipient’s ability to deliver the Pre-Development Work or the Project, including procuring the services of the Project Consultants to undertake the Pre-Development Work, or comply with the terms of this Agreement; h) NOT USED; i) as at and the Commencement Date all statements information and representations in the Contractor's Response evidence in, and relating to or disclosed to the Invitation to Tender are Funder in relation to the best of its knowledgeGrant, information the Pre-Development Work and beliefthe Project, true remain true, complete and accurate accurate, and that it will advise the Authority Funder of any fact, matter or circumstance of which it may become aware which would render any such statement information or representation to be evidence false or misleading;.
Appears in 1 contract
Samples: Service Agreement
Warranties. 8.1 (a) The Contractor warrants, Company represents and undertakes for the duration of the Contract Period warrants to Principal Underwriter that:
a(i) it has full capacity Registration Statements (on Form N-4) for each of the Contracts identified in Attachment A have been filed with the Commission in the form previously delivered to Principal Underwriter and authority that copies of any and all amendments thereto will be forwarded to Principal Underwriter at the time that they are filed with Commission;
(ii) The Registration Statements and any further amendments or supplements thereto will, when they become effective, conform in all material respects to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, and the rules and regulations of the Commission under such Acts, and will not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary consents to make the statements therein not misleading; provided, however, that this representation and warranty shall not apply to any statement or omission made in reliance upon and in conformity with information furnished in writing to Company by Principal Underwriter expressly for use therein;
(including where its procedures so require, the consent of its parent companyiii) to enter into and perform its obligations The Company is validly existing as a stock life insurance company in good standing under the Contract and that the Contract is executed by a duly authorised representative laws of the ContractorState of Illinois, with power to own its properties and conduct its business as described in the Prospectus, and has been duly qualified for the transaction of business and is in good standing under the laws of each other jurisdiction in which it owns or leases properties, or conducts any business;
b(iv) The Contracts to be issued by the Company and through the Separate Account and offered for sale by Principal Underwriter on behalf of the Company hereunder have been duly and validly authorized and, when issued and delivered with payment therefore as at provided herein, will be duly and validly issued and will conform to the Commencement Date, all information description of such Contracts contained in the Tender remains true, accurate Prospectuses relating thereto;
(v) Those persons who offer and not misleading, save as may have been specifically disclosed in writing sell the Contracts are to be appropriately licensed or appointed to comply with the Authority prior to execution state insurance laws;
(vi) The performance of this Contract;
c) no claim Agreement and the consummation of the transactions contemplated by this Agreement will not result in a violation of any of the provisions of or default under any statute, indenture, mortgage, deed of trust, note agreement or other agreement or instrument to which Company is being asserted and no litigationa party or by which Company is bound (including Company's Charter or By-laws as a stock life insurance company, arbitration or administrative proceeding is presently in progress orany order, to the best rule or regulation of its knowledge and belief, pending any court or threatened against it governmental agency or body having jurisdiction over Company or any of its assets properties);
(vii) There is no consent, approval, authorization or order of any court or governmental agency or body required for the consummation by Company of the transactions contemplated by this Agreement, except such as may be required under the Securities Exchange Act of 1934 or state insurance or securities laws in connection with the distribution of the Contracts; and
(viii) There are no material legal or governmental proceedings pending to which will Company or might the Separate Account is a party or of which any property of Company or the Separate Account is the subject (other than as set forth in the Prospectus relating to the Contracts, or litigation incidental to the kind of business conducted by the Company) which, if determined adversely to Company, would individually or in the aggregate have a material adverse effect on its ability the financial position, surplus or operations of Company.
(b) Principal Underwriter represents and warrants to perform its obligations Company that:
(i) It is a broker-dealer duly registered with the Commission pursuant to the Securities Exchange Act of 1934, is a member in good standing of the NASD, and is in compliance with the securities laws in those states in which it conducts business as a broker-dealer;
(ii) As a principal underwriter, it shall permit the offer and sale of Contracts to the public only by and through persons who are appropriately licensed under the Contractsecurities laws and who are appointed in writing by the Company to be authorized insurance agents unless such persons are exempt from licensing and appointment requirements;
d(iii) it is not subject to any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under The performance of this Agreement and the Contract;
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up consummation of the Contractor transactions herein contemplated will not result in a breach or for its dissolution or for the appointment violation of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets terms or revenue;provisions of or constitute a default under any statute, indenture, mortgage, deed of trust, note agreement or other agreement or instrument to which Principal Underwriter is a party or by which Principal Underwriter is bound (including the Certificate of Incorporation or By-laws of Principal Underwriter or any order, rule or regulation of any court or governmental agency or body having jurisdiction over either Principal Underwriter or its property); and
f(iv) it has To the extent that any statements made in the Registration Statements, or any amendments or supplements thereto, are made in reliance upon and in conformity with written information furnished to Company by Principal Underwriter expressly for use therein, such statements will, when they become effective or are filed with the Commission, as the case may be, conform in all material respects to the requirements of the Securities Act of 1933 and the rules and regulations of the Commission thereunder, and will continue not contain any untrue statement of a material fact or omit to hold all necessary (if any) regulatory approvals from the Regulatory Bodies state any material fact required to be stated therein or necessary to perform make the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or therein not misleading;.
Appears in 1 contract
Samples: Underwriting Agreement (Glenbrook Life & Annuity Co Separate Account A)
Warranties. 8.1 The Contractor warrants, OI represents and undertakes for warrants to the duration Agent and the Banks (which representations and warranties shall survive the execution of the Contract Period Credit Agreement, the delivery of each Revolving Credit Note, and the extension of credit) that:
(a) it OI is a corporation, duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, has full capacity the power and authority to own it properties and all necessary consents to carry on its business as now being and hereafter proposed to be conducted and is duly qualified and authorized to do business in each jurisdiction in which failure to be so qualified and authorized would have a Material Adverse Effect and is subject to taxation as a C Corporation under the Code;
(including where its procedures so requireb) the execution, delivery, and performance hereof are within OI's corporate powers, have been duly authorized, and are not in contravention of law or the terms of OI's articles or certificate of incorporation, by-laws, or regulations, or of any indenture, agreement, or undertaking to which OI is party or by which it is or may be bound;
(c) except for any security interest granted to or in favor of the Agent and the Banks and except for any security interest permitted by the terms of the Credit Agreement, OI is, and as to Collateral to be acquired after the date hereof will be, the consent owner of the Collateral free from any claim, lien, encumbrance, or security interest of any type, and OI agrees that it will defend, at its sole expense, the Collateral against all other claims and demands of all Persons at any time claiming the same or any interest therein;
(d) the office where OI keeps all of its parent company) records pertaining to enter into and perform its obligations under the Contract and that the Contract Receivables is executed by a duly authorised representative of the Contractorlocated at 0000 Xxxx Xxxxxxx Xxxxxx Xxxxx, Xxxxxxxxx Xxxxx, Xxxxxxx 00000;
b(e) as at the Commencement Datesubject to any limitation stated herein or in connection herewith, all information contained in furnished to the Tender remains trueAgent concerning OI or the Collateral, is or will be at the time such information is furnished, accurate and not misleading, save correct in all material respects and complete insofar as may have been specifically disclosed is necessary to give the Agent true and accurate knowledge of the subject matter;
(f) OI is the lawful owner of and has full and unqualified right to transfer a security interest in writing all of the Collateral to the Authority prior to execution of this Contract;
c) no claim Agent. Such Collateral is being asserted not, and no litigationwill not, arbitration or administrative proceeding is presently in progress or, so long as OI has any Obligations to the best of its knowledge and beliefAgent, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contract;
d) it is not be subject to any contractual obligationfinancing statement, encumbrance, claim, lien, or security interest of any type except any granted to or in favor of the Agent and except as permitted by the terms of the Credit Agreement;
(g) Each Benefit Plan is in substantial compliance with which ERISA, and neither OI nor any Commonly Controlled Entity has received any notice asserting that a Benefit Plan is likely not in compliance with ERISA. No material liability to have the PBGC or to a material adverse effect on its ability Multiemployer Plan has been, or is expected by OI to perform its obligations under the Contractbe, incurred by OI or any Commonly Controlled Entity;
e(h) no proceedings or other steps have been taken and not discharged (norOI is solvent, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment having assets of a receiverfair value which exceed the amount required to pay its debts (including contingent, administrative receiversubordinated, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
f) it has unmatured and will continue to hold all necessary (if any) regulatory approvals from the Regulatory Bodies necessary to perform the Contractor's obligations under this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; iunliquidated liabilities) as at the Commencement Date all statements they become absolute and representations in the Contractor's Response matured, and OI is able to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and anticipates that it will advise be able to meet its debts as they mature and has adequate capital to conduct the Authority of any fact, matter or circumstance of business in which it may become aware which would render any such statement is or representation proposes to be false engaged;
(i) During the one-year period preceding the Agreement Date, OI has not been known as or misleadingused any corporate or fictitious name other than the corporate name of OI on the Agreement Date, except for those listed in Schedule 3.1, attached hereto. All trade names or styles under which OI creates Receivables, or to which instruments in payment of Receivables are made payable, are listed in Schedule 3.2, attached hereto;
(j) OI's principal place of business, chief executive office and other places of business are located at the addresses set forth on Schedule 3.3, attached hereto. The location of OI's Equipment is also indicated on Schedule 3.3. OI's chief executive office, its other places of business, and the location of its Inventory and Equipment will be and remain located only at the foregoing location(s) unless relocated in compliance with Section 4(c) below;
(k) OI has duly executed and delivered the Trademark Assignment to the Agent;
(l) OI at the present time maintains no inventory at any Location; and
(m) Except for OutSource Franchising, Inc., neither OI nor any Subsidiary of OI grant franchises or have done so in the past. In the case of OutSource Franchising, Inc., LABOR WORLD(R) and OFFICE OURS(R) are the only trademarks that are or have been licensed for use by franchisees.
Appears in 1 contract
Warranties. 8.1 The Contractor warrants, represents and undertakes for the duration of the Contract Period Each Shareholder warrants that:
(a) it has full the capacity and authority and all necessary consents (including where its procedures so require, the consent of its parent company) to enter into and perform its obligations under the Contract and that the Contract is executed by a duly authorised representative of the Contractor;
b) as at the Commencement Date, all information contained in the Tender remains true, accurate and not misleading, save as may have been specifically disclosed in writing to the Authority prior to execution of this Contract;
c) no claim is being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge and belief, pending or threatened against it or any of its assets which will or might have a material adverse effect on its ability to perform its obligations under the Contractthis deed;
(b) it has taken all necessary legal action to authorise the entry into and performance of this deed and its obligations under this deed; and
(c) where it enters into this deed as a trustee:
(i) it has the capacity to be trustee of the relevant trust and has power as trustee unconditionally to execute and deliver and comply with its obligations under this deed;
(ii) it has taken all necessary action required to authorise the unconditional execution and delivery of and the compliance with its obligations under this deed;
(iii) in executing and delivering this deed and entering into the transactions contemplated by this deed, it has properly complied with its obligations to the beneficiaries of the trust and the execution and delivery of this deed and the entry into the transactions contemplated by this deed are for the benefit of the beneficiaries of the Trust and do not constitute a conflict of interest or duty or breach of trust;
(iv) it is the only trustee of the trust and no action has been taken to remove it as trustee of the trust or to appoint an additional trustee of the trust;
(v) no action has been taken to terminate the trust; and
(vi) it has not defaulted in compliance of its obligations as trustee of the trust; and
(d) where it enters into this deed as a company:
(i) it is duly incorporated and validly exists under the laws of its jurisdiction;
(ii) it is not subject to affected or threatened by any contractual obligation, compliance with which is likely to have a material adverse effect on its ability to perform its obligations under the Contract;form of insolvency or administration; and
e) no proceedings or other steps have been taken and not discharged (nor, to the best of its knowledge, are threatened) for the winding up of the Contractor or for its dissolution or for the appointment of a receiver, administrative receiver, liquidator, manager, administrator or similar officer in relation to any of the Contractor‟s assets or revenue;
fiii) it has taken all corporate action and will continue to hold passed all necessary (if any) regulatory approvals from the Regulatory Bodies appropriate resolutions that are necessary to perform the Contractor's obligations under authorise execution and performance of this Contract;
g) it has and will continue to have all necessary rights in and to the Intellectual Property Rights in all materials used by the Contractor for the purpose of providing the Services and/or delivered to the Authority; h) NOT USED; i) as at the Commencement Date all statements and representations in the Contractor's Response to the Invitation to Tender are to the best of its knowledge, information and belief, true and accurate and that it will advise the Authority of any fact, matter or circumstance of which it may become aware which would render any such statement or representation to be false or misleading;deed.
Appears in 1 contract
Samples: Subscription Agreement (China Nuokang Bio-Pharmaceutical Inc.)