Status of Authorizations. (a) All Authorizations required for the execution and delivery of this Agreement by it and the performance by it of its obligations hereunder have been duly obtained or granted and are in full force and effect. (b) No foreign exchange control approvals or other Authorizations are required to ensure the availability of Dollars to enable the Sponsor Guarantor to perform all of its obligations under each Financing Document to which it is a party in accordance with the terms thereof. There are no material restrictions or requirements that limit the availability or transfer of foreign exchange for the purpose of the performance by the Sponsor Guarantor of its obligations under this Agreement or any other Financing Document to which it is a party.
Appears in 2 contracts
Sources: Guarantee and Sponsor Support Agreement (Central Puerto S.A.), Guarantee and Sponsor Support Agreement (Central Puerto S.A.)