Capacity of Participants. Each of the Participants represents and warrants as follows:
Capacity of Participants. Each of the parties hereto represents and warrants as follows:
Capacity of Participants. Lessee and Lessor, each for itself -------------------------- represent and warrant as follows:
Capacity of Participants. 2.1 Each Participant represents and warrants to the other Participant as follows:
Capacity of Participants. Each Participant represents and warrants to the other Participant as follows: (i) it is a corporation duly incorporated, qualified to transact business, and in good standing under the Laws of its jurisdiction and in the USA (ii) it has the full right, power and capacity to enter into and perform this Agreement and all transactions contemplated herein, and all corporate, board of directors and other actions required to authorize it to enter into and perform this Agreement have been properly taken; (iii) it will not breach any other agreement or arrangement by entering into or performing this Agreement, and this Agreement has been duly executed and delivered by it and is valid and binding upon it in accordance with its terms; and (iv) it has relied solely on its own appraisals and estimates as to the potential of the Properties, and upon its own geologic, engineering and other interpretations related thereto.
Capacity of Participants. Each of the Participants represents and warrants as of the Effective Date as follows:
Capacity of Participants. 4 2.2. REPRESENTATIONS AND WARRANTIES RELATING TO PROPERTY...................................................5 2.3. REMEDIES FOR BREACH OF REPRESENTATIONS AND WARRANTIES OF TITLE TO THE PROPERTIES......................6 2.4. DISCLOSURES...........................................................................................7 2.5.
Capacity of Participants. 5 2.2 Indemnifications . . . . . . . . . . . . . . . . . . . . . . . 6 2.3
Capacity of Participants. 2.1 Each Participant represents and warrants to the other Participant as follows: it is a corporation duly incorporated, qualified to transact business, and in good standing under the laws of its jurisdiction and in Saskatchewan; it has the capacity to enter into and perform this Agreement and all transactions contemplated herein, and all corporate, board of directors and other actions required to authorize it to enter into and perform this Agreement have been properly taken; and it will not breach any other agreement or arrangement by entering into or performing this Agreement, and this Agreement has been duly executed and delivered by it and is valid and binding upon it in accordance with its terms.
Capacity of Participants. (a) Minera Metalin represents and warrants that it is a corporation duly incorporation and in good standing in the Republic of Mexico and that it has the capacity to enter into and perform this Agreement and that this Agreement is valid and binding on it according to its terms and that it is a wholly owned subsidiary of Metalline.
