Common use of BASIC ASSUMPTIONS Clause in Contracts

BASIC ASSUMPTIONS. In such examination we have assumed: a) the authenticity of all documents submitted to us as originals and the conformity with the original documents of those submitted to us as certified copies or fax copies thereof; b) the compliance with matters of, and the validity and enforceability of the Transaction Documents under all such laws as governing or relating to the Transaction Documents other than the laws of the Macau SAR, on which law alone we herein opine; c) the accuracy of all matters expressed in or implied by the Transaction Documents, and the accuracy of all factual statements made in the documents examined, except as related to the Macau SAR law; d) that there are no provisions of the laws of any jurisdictions outside the Macau SAR which would be contravened by the execution, delivery and performance of the Transaction Documents and that, in so far as any obligation under the Transaction Documents falls to be performed in any jurisdiction outside the Macau SAR, its performance will not be illegal or adversely affected by virtue of the laws of that jurisdiction; and e) that the information disclosed by the searches made is true and complete as at the date which such searches relate to and that such information has not since that date been altered and that such searches did not fail to disclose any data which had been delivered for filing prior to that date.