Warranties and Representations of the Buyer Clause Samples

Warranties and Representations of the Buyer. 14.1. The Buyer represents (“verklaart”) and warrants (“garandeert”) to the Seller on the Transfer Date that: 1. it explicitly accepts the burdens and restrictions set out in the Deed of Delivery, this Agreement and those burdens and restrictions that are specified in the public registers in relation to immovable property and rights thereon, as defined in Clause 8.1 of the Land Register Act (“Kadasterwet”) in relation to the Property; 2. it has been duly incorporated and is validly existing under the laws of its jurisdiction; 3. it has the full power and authority to enter into this Agreement and to perform its obligations hereunder, which, when executed, and assuming due execution by the Parties, will constitute valid and binding obligations of the Buyer in accordance with its terms and the actual situation; 4. it has taken all corporate action required by its articles of association and applicable law in connection with the entering into this Agreement and the performance of its obligations hereunder; and 5. it is not known with any breach of the Warranties.