Representations and warranties of the Land Trust. The Land Trust represents and warrants to NCC that:
Representations and warranties of the Land Trust. The Land Trust represents and warrants to WHC that:
Representations and warranties of the Land Trust. The Land Trust represents and warrants to NCC that: it is a registered Canadian charity; it has the requisite power to own the Property described in the Project, to carry on the activities and to perform its obligations as contemplated by this Agreement; is in compliance or substantially in compliance with the Canadian Land Trust Standards and Practices 2019 or with the Guide des bonnes pratiques en intendance privée: aspects juridiques et organisationnels; the execution and delivery of this Agreement and the carrying out of all of the activities contemplated hereby, have been duly authorized by all requisite action of its Board of Directors; this Agreement constitutes a legally binding obligation of the Land Trust, enforceable against it in accordance with its terms, subject to enforcement of remedies to applicable bankruptcy, insolvency, reorganization and other laws affecting generally the enforcement of the rights of creditors and subject to a court's discretionary authority with respect to the granting of a decree ordering specific performance or other equitable remedies.
Representations and warranties of the Land Trust. The Land Trust represents and warrants to WHC that: it is a registered Canadian charity; it has the requisite power to own the Property described in the Project, to carry on the activities and to perform its obligations as contemplated by this Agreement; is in compliance or substantially in compliance with the Canadian Land Trust Standards and Practices (2019) or with the Guide des bonnes pratiques en intendance privée: aspects juridiques et organisationnels; the execution and delivery of this Agreement and the carrying out of all of the activities contemplated hereby, have been duly authorized by all requisite action of its Board of Directors; this Agreement constitutes a legally binding obligation of the Land Trust, enforceable against it in accordance with its terms, subject to enforcement of remedies to applicable bankruptcy, insolvency, reorganization and other laws affecting generally the enforcement of the rights of creditors and subject to a court's discretionary authority with respect to the granting of a decree ordering specific performance or other equitable remedies. it has an established Stewardship Endowment Funds policy that complies with Program Guideline requirements; that the full SEF amount indicated on the approved project budget is in place in the appropriate account; that the full claimed match amount at application, is confirmed; any other Federal funding has been used only for unique expenditures and 100% of total project land hectares have been allotted to the NHCP-LTCF Program in accordance with program requirements; and, that all financial reporting is accurate and no rebatable taxes have been included.
