Declaration Clause Clause Samples

Declaration Clause. I. Party A clearly understands the business scope and authority of Party B. II. Party A has read all the terms and conditions hereof. As requested by the Party A, the Party B has made explanations for the corresponding terms and conditions hereof. The Party A has full information and understanding regarding the implication of the terms and conditions hereof and the corresponding legal consequence. III. Party A’s signing and performance of its obligations under this Agreement are in accordance with laws, administrative regulations, rules and Party A’s articles of association or internal organization documents, and have been approved by competent internal organization of the company and /or by the competent state authorities. IV. Party A’s production and operation are legal and compliant; V. Party A has the ability to continue operations and has a legitimate source of repayment; VI. Party A promises that all loans under this Agreement are based on the real needs of the specific purpose of the loan and do not exceed its actual needs. VII. Party A and its controlling shareholders have good credit status and have no significant bad records. VIII. Party B has the right to entrust other branches of China Construction Bank to issue loans under this Agreement and exercise and perform Party B’s rights and obligations under this Agreement, Party A has no objection to hereof. IX. Party A declares that at the time of conclusion of this Agreement, it and its important related parties do not have any behavior or situation in violation of environmental and social risk management laws, regulations and rules, and promise to strengthen the environmental and social risk management of itself and its important related parties after the conclusion of this Agreement, and strictly abide by the laws, regulations and rules related to environmental and social risk management, put an end to the hazards and related risks to the environment and society in the construction, production and business activities (including but not limited to environmental and social issues related to energy consumption, pollution, land, health, safety, resettlement, ecological protection, energy conservation and emission reduction, climate change, and so on). Party A acknowledges that Party B has the right to supervise the environmental and social risk management of Party A and request Party A to submit the environmental and social risk report. If the above statement of Party A is false or the above commitme...

Declaration Clause. 16.1 Borrower is clearly aware that Jiangsu Jiangnan Rural Commercial Bank Co. The departments, branches and sub-branches under the jurisdiction of Borrower are its unincorporated branches, and the signatures of the branches on the loan (credit) contract have the same legal effect as Lender. Borrower is fully aware of the business scope and authorization authority of Lender and its branches. Each branch has the same legal effect as L▇▇▇▇▇ in signing the loan (credit) contract. It is fully aware of the business scope and authorization authority of Lender and its branches. 16.2 Borrower has read all the terms and conditions of this contract. At the request of B▇▇▇▇▇▇▇, L▇▇▇▇▇ has explained the terms and conditions of this contract. B▇▇▇▇▇▇▇ knows and fully understands the meaning of this Contract and the corresponding legal consequences. 16.3 Borrower is authorized to sign this contract.

Declaration Clause. I. Party A is well aware of Party B’s business scope and authorized authority.

Declaration Clause. The Trustors/Beneficiaries hereby declare that: before executing this Agreement, they have carefully read this Agreement and Instructions on 2011 Zhongcheng Trust Huainan Ninetowns Investment Trust Plan, have an accurate understanding of the legal meanings of the clauses in respect of the fiduciary relationship, relevant rights, obligations and liabilities among the parties, and have no objection to all the clauses set forth in this Agreement and Instructions on 2011 Zhongcheng Trust Huainan Ninetowns Investment Trust Plan.