Warranties. 13.1 By submitting an application to enter into the Loan Agreement, the Customer acknowledges, warrants, undertakes and agrees that he or she:
13.1.1 has provided true, correct and complete information to SweepBank and that he or she will inform SweepBank without undue delay whenever there is a change to such information or in the event that he or she notices that any information submitted was erroneous or otherwise untrue, incorrect or incomplete.
13.1.2 that the bank account provided to SweepBank for disbursement and repayment purposes is held in the Customer’s own name with a reputable bank established in the European Union. Customer acknowledges and accepts that in case of change in personal bank account details he or she may be requested to verify such details in the manner required by SweepBank;
13.1.3 has read the Loan Agreement and understands the information provided therein;
13.1.4 has received the Loan Agreement on a durable medium;
13.1.5 has entered into the Loan Agreement of his or her free will and has not concluded the Loan Agreement under threat, duress, or in distress or under strikingly unfavourable conditions with regard to his or her personal and financial circumstances;
13.1.6 is not a Politically Exposed Person (a natural person who is or has been entrusted with a prominent public function, and includes such individual’s immediate family members or persons known to be close associates of such persons. This does not include middle ranking or more junior officials, as well as persons who have ceased to be entrusted with a prominent public function for a period of at least twelve months) unless otherwise declared specifically to SweepBank 13.1.7 is not obtaining the Loan for the benefit of or on behalf of somebody else. If the Customer is obtaining the Loan or otherwise acting on behalf of another person, he or she shall inform SweepBank immediately, in which case the Customer understands that additional measures will have to be applied, and accepts that SweepBank may refuse to enter into the Loan Agreement or grant a Loan or may, if granting a Loan, impose additional conditions on both the Customer and his or her principal;
Warranties. Reseller represents, warrants, and covenants that:
(i) it has the right to enter into this Agreement and perform its obligations in the manner contemplated herein;
(ii) this Agreement does not and will not conflict with any other agreement entered into by it;
(iii) it is duly organized, validly existing and in good standing in the jurisdiction of its formation;
(iv) it is qualified and licensed to do business and in good standing in every jurisdiction where qualification and licensing is required for purposes of this Agreement;
(v) the execution of this Agreement by Reseller’s representative has been duly authorized by all necessary action of Reseller;
(vi) when executed and delivered by Reseller, this Agreement will constitute the legal, valid and binding obligation of Reseller, enforceable against Reseller in accordance with its terms; (vii) it will not breach Section 5.1(i);
(viii) it will not use Yhtiö’s trademarks for purposes beyond the scope of this Agreement;