Template:Nutshell 2002 ISDA 3(a): Difference between revisions

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{{isdaprov|3(a)}} '''{{isdaprov|Basic Representations}}''' <br>
{{isdaprov|3(a)}} '''{{isdaprov|Basic Representations}}''' <br>
:{{isdaprov|3(a)(i)}} '''{{isdaprov|Status}}'''. It is duly organised and validly existing under the laws of its jurisdiction and is, where relevant, in good standing;  
:{{isdaprov|3(a)(i)}} '''{{isdaprov|Status}}'''. It is duly organised and validly existing under the laws of its jurisdiction and is, where relevant, in good standing;  
:{{isdaprov|3(a)(ii)}} '''{{isdaprov|Powers}}'''. It has the power to execute, deliver and perform its obligations under this {{isdaprov|Agreement}} and all related documentation to which it is a party and has taken all necessary steps to authorise its execution, delivery and performance;  
:{{isdaprov|3(a)(ii)}} '''{{isdaprov|Powers}}'''. It has the power to execute, deliver and perform this {{isdaprov|Agreement}} and any {{isdaprov|Credit Support Document}} to which it is a party and has done everything needed to do so;
:{{isdaprov|3(a)(iii)}} '''{{isdaprov|No Violation or Conflict}}'''. Its execution, delivery and performance does not breach applicable law, its constitutional documents, or any court or government order or contractual restriction affecting it or any of its assets;  
:{{isdaprov|3(a)(iii)}} '''{{isdaprov|No Violation or Conflict}}'''. Its execution, delivery and performance does not breach law, its constitutional documents, or any court or government order or contractual restriction affecting it or its assets;  
:{{isdaprov|3(a)(iv)}} '''{{isdaprov|Consents}}'''. It has all necessary regulatory approvals it needs to enter into and perform this {{isdaprov|Agreement}} and any {{isdaprov|Credit Support Document}} to which it is a party and they remain unconditional and in full force; and  
:{{isdaprov|3(a)(iv)}} '''{{isdaprov|Consents}}'''. It has all regulatory approvals needed to enter and perform this {{isdaprov|Agreement}} and any {{isdaprov|Credit Support Document}} to which it is a party and they remain unconditional and in full force; and  
:{{isdaprov|3(a)(v)}} '''{{isdaprov|Obligations Binding}}'''. Its obligations under this {{isdaprov|Agreement}} and any {{isdaprov|Credit Support Document}} to which it is a party are its legal, valid and binding obligations, enforceable in accordance with their terms (subject to general laws affecting creditors’ rights and equitable principles). <br>
:{{isdaprov|3(a)(v)}} '''{{isdaprov|Obligations Binding}}'''. Its obligations under this {{isdaprov|Agreement}} and any {{isdaprov|Credit Support Document}} to which it is a party are its legal, valid and binding obligations, enforceable in accordance with their terms (subject to general laws affecting creditors’ rights and equitable principles). <br>
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