Template:ISDA Master Agreement 1992 3(a): Difference between revisions
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{{isdaprov|3(a)}} '''{{isdaprov|Basic Representations}}'''.<br> | {{isdaprov|3(a)}} '''{{isdaprov|Basic Representations}}'''.<br> | ||
{{ISDA Master Agreement 1992 3(a)(i)}} | |||
{{ISDA Master Agreement 1992 3(a)(ii)}} | |||
{{ISDA Master Agreement 1992 3(a)(iii)}} | |||
{{ISDA Master Agreement 1992 3(a)(iv)}} | |||
{{ISDA Master Agreement 1992 3(a)(v)}} | |||
:{{isdaprov|3(a)(ii)}} '''{{isdaprov|Powers}}'''. It has the power to execute this Agreement and any other documentation relating to <br>this Agreement to which it is a party, to deliver this Agreement and any other documentation relating <br>to this Agreement that it is required by this Agreement to deliver and to perform its obligations <br>under this Agreement and any obligations it has under any {{isdaprov|Credit Support Document}} to which it is <br>a party and has taken all necessary action to authorise such execution, delivery and performance; <br> | :{{isdaprov|3(a)(ii)}} '''{{isdaprov|Powers}}'''. It has the power to execute this Agreement and any other documentation relating to <br>this Agreement to which it is a party, to deliver this Agreement and any other documentation relating <br>to this Agreement that it is required by this Agreement to deliver and to perform its obligations <br>under this Agreement and any obligations it has under any {{isdaprov|Credit Support Document}} to which it is <br>a party and has taken all necessary action to authorise such execution, delivery and performance; <br> | ||
:{{isdaprov|3(a)(iii)}} '''{{isdaprov|No Violation or Conflict}}'''. Such execution, delivery and performance do not violate or conflict <br>with any law applicable to it, any provision of its constitutional documents, any order or judgment <br>of any court or other agency of government applicable to it or any of its assets or any contractual <br>restriction binding on or affecting it or any of its assets; <br> | :{{isdaprov|3(a)(iii)}} '''{{isdaprov|No Violation or Conflict}}'''. Such execution, delivery and performance do not violate or conflict <br>with any law applicable to it, any provision of its constitutional documents, any order or judgment <br>of any court or other agency of government applicable to it or any of its assets or any contractual <br>restriction binding on or affecting it or any of its assets; <br> | ||
:{{isdaprov|3(a)(iv)}} '''{{isdaprov|Consents}}'''. All governmental and other consents that are required to have been obtained by it <br>with respect to this Agreement or any {{isdaprov|Credit Support Document}} to which it is a party have been <br>obtained and are in full force and effect and all conditions of any such consents have been complied <br>with; and <br> | :{{isdaprov|3(a)(iv)}} '''{{isdaprov|Consents}}'''. All governmental and other consents that are required to have been obtained by it <br>with respect to this Agreement or any {{isdaprov|Credit Support Document}} to which it is a party have been <br>obtained and are in full force and effect and all conditions of any such consents have been complied <br>with; and <br> | ||
:{{isdaprov|3(a)(v)}} '''{{isdaprov|Obligations Binding}}'''. Its obligations under this Agreement and any {{isdaprov|Credit Support Document}} <br>to which it is a party constitute its legal, valid and binding obligations, enforceable in accordance with <br>their respective terms (subject to applicable bankruptcy, reorganisation, insolvency, <br>moratorium or similar laws affecting creditors’ rights generally and subject, as to enforceability, to <br>equitable principles of general application (regardless of whether enforcement is sought in a <br>proceeding in equity or at law)).<br> | :{{isdaprov|3(a)(v)}} '''{{isdaprov|Obligations Binding}}'''. Its obligations under this Agreement and any {{isdaprov|Credit Support Document}} <br>to which it is a party constitute its legal, valid and binding obligations, enforceable in accordance with <br>their respective terms (subject to applicable bankruptcy, reorganisation, insolvency, <br>moratorium or similar laws affecting creditors’ rights generally and subject, as to enforceability, to <br>equitable principles of general application (regardless of whether enforcement is sought in a <br>proceeding in equity or at law)).<br> |