Common use of Representations and Warranties of the Grantor Clause in Contracts

Representations and Warranties of the Grantor. The Grantor hereby represents and warrants to the Participant that as of the date of this Agreement and every day thereafter: (a) it has the full power and authority to enter into, has authorised and has obtained all necessary consents for the execution by it of, and performance by it under, this Agreement and that its obligations hereunder are legal, valid and binding upon it; (b) the execution, delivery and performance of this Agreement by the Grantor has not resulted in and will not result in a breach of any provision of, or constitute a default under: (i) the Grantor’s constitutional or governing documents or the documentation to which it is a party in relation to the Participation Assets; or (ii) any statute, law, order, rule or regulation of any relevant governmental authority or agency; and (c) no registration with, or consent or approval of, or any other action by any governmental authority or agency or other person is required to be carried out, obtained or requested by the Grantor in connection with the execution, delivery and performance by the Grantor of this Agreement, which has not been already obtained.