Common use of Authorisations and approvals Clause in Contracts

Authorisations and approvals. All authorisations and approvals necessary or desirable for Slovakia’s entry into this Agreement and performance of its obligations and undertakings under this Agreement have been obtained and are in full force and effect and have been and are being complied with. No such authorisation has been breached or is likely to be suspended, cancelled, refused, modified or revoked. In particular, Slovakia has taken all necessary steps to provide for sufficient funds in the state budgets and the availability of funds within the Ministry in order to meet its obligations under this Agreement in a timely manner.

Appears in 2 contracts

Sources: Investment Agreement, Investment Agreement