Common use of Representations and warranties of the Licensee Clause in Contracts

Representations and warranties of the Licensee. The Licensee hereby represents, warrants and covenants to Authority for itself that ("Licensee Warranties"): i. it is duly organized, validly existing and in good standing under the laws of India; ii. it has full power and authority to execute, deliver and perform its obligations under this Agreement and to carry out the transactions contemplated hereby; iii. it has taken necessary action under the Applicable Laws and its constitutional documents to authorize the execution, delivery and performance of this Agreement;

Representations and warranties of the Licensee. The Licensee hereby represents, warrants and covenants to Authority for itself that ("Licensee Warranties"): i. it is duly organized, validly existing and in good standing under the laws of India; ii. it has full power and authority to execute, deliver and perform its obligations under this Agreement and to carry out the transactions contemplated hereby; iii. it has taken necessary action under the Applicable Laws and its constitutional documents to authorize the execution, delivery and performance of this Agreement; iv. it has financial standing and capacity to undertake the Project in accordance with the terms of this Agreement;