Common use of REPRESENTATIONS AND WARRANTIES OF KEYSTONE Clause in Contracts

REPRESENTATIONS AND WARRANTIES OF KEYSTONE. Keystone hereby represents and warrants to Ctrip that each of the representations and warranties set forth below is true and correct as of the date hereof: (a) it is duly organized, validly existing and in good standing under the applicable Law and it has carried out all procedures and obtained all approvals required under the applicable Law and has the requisite power under the applicable Law to enter into this Agreement and to perform all of its obligations hereunder; (b) it has taken all internal actions necessary to authorise it to enter into or perform this Agreement; and (c) neither the execution nor performance of this Agreement will conflict with, or result in a breach of, or constitute a default under, any provision of the articles of association of Keystone or any other contracts or agreements binding upon it other than any such conflicts, breaches or defaults under any such other contracts or agreements that would not reasonably negatively affect the ability of it to perform this Agreement, and there is no agreement with a third party affecting or limiting its right to perform this Agreement or subjecting such performance to a third party’s prior consent.

Appears in 3 contracts

Sources: Right of First Refusal Agreement (Ocean Imagination L.P.), Right of First Refusal Agreement (Ctrip Com International LTD), Right of First Refusal Agreement (Keystone Lodging Holdings LTD)