Common use of Concessionaire Representations and Warranties Clause in Contracts

Concessionaire Representations and Warranties. The Concessionaire, as of the date of this Agreement, represents and warrants to the Government as follows: 16.1.1 it is duly organised, validly existing and in good standing under the laws of Mongolia and has the corporate power and lawful authority to carry on its business; 16.1.2 it has the full legal right, power and authority required to enter into this Agreement and the other CHP5 Project Agreements to which it is a party and to perform fully its obligations hereunder and thereunder; 16.1.3 it has obtained all required approvals necessary to authorise and enable it to sign, deliver and perform the terms of this Agreement; 16.1.4 no additional consent, approval, authorisation or order of any foreign governmental agency or body or any court is required for the signing of this Agreement, the Concessionaire's performance hereunder or for the consummation of the transactions contemplated hereby; 16.1.5 neither the signing of this Agreement nor the performance of the transactions contemplated under this Agreement will result in a violation of, or constitute a default under, any statute or regulation or any order or decree of any court or governmental authority binding upon the Concessionaire or its property, or violate or result in a default under any of the terms and provisions of its articles of association; 16.1.6 did not violate the Laws of Mongolia or submit false documents in connection with the tender process for the award of the Concession; and 16.1.7 this Agreement constitutes the legal, valid and binding obligations of the Concessionaire, enforceable against it in accordance with its terms.