Common use of Governmental Authorisations Clause in Contracts

Governmental Authorisations. No Authorisations from any Governmental Authority are required for: (1) the due execution, delivery or performance by the Borrower of any Financing Agreement, or the validity or enforceability thereof, except for (i) the notification of the Loan Agreement to the National Bank of Romania pursuant to Regulation No. 31/2011 issued by the National Bank of Romania; and (ii) the approval by the Oradea City Council of the Project Support Deed; (2) the carrying out of the Project or the carrying on of the business of the Borrower as it is carried on or is contemplated to be carried on, except for those (i) Licences and (ii) Authorisations which are not necessary at the time this representation is made (or repeated) and which are of a routine or minor nature and are customarily granted in due course after timely application, or which need only be obtained as the Project progresses or after construction is completed (including an extension (or extensions) to the Operating Licence required prior to the Borrower commencing the provision of water supply and/or wastewater services in the territorial administrative units which are parties to the Delegation Contract but in which the Borrower is not providing water supply and/or wastewater services as at the date of this Agreement) and in respect of which the Borrower is not aware of any reason for it being unable to obtain in due course such Licences and Authorisations; for the avoidance of any doubt, the Borrower represents and warrants that it does not operate in any territorial administrative unit which is not covered in the Operation Licence; and (3) the due execution and delivery or performance by the Borrower of any Project Agreement, or the validity or enforceability thereof.

Governmental Authorisations. No Authorisations from any Governmental Authority are required for: (1) the due execution, delivery or performance by the Borrower of any Financing Agreement, or the validity or enforceability thereof, except for (i) the notification of the Loan Agreement to with the National Bank of Romania pursuant to Regulation No. 31/2011 issued by the National Bank of Romania; and (ii) the approval by the Oradea City Council of the Project Support Deed; (2) the carrying out of the Project or the carrying on of the business of the Borrower as it is carried on or is contemplated to be carried on, except for those (i) Licences Licenses (including the Licenses required for carrying out its activities in the territorial administrative units which are parties to the Delegation Contract but in which the Borrower is not providing water supply and/or wastewater services as at the date of this Agreement; provided that, before the Borrower starts providing water supply and/or wastewater services in such territorial administrative units, the Borrower shall obtain from ANRSC an amendment to the Operation License to reflect the extension of the Operation License, so as to cover the territorial administrative units in which the Borrower will provide water supply and/or wastewater activities) and (ii) Authorisations which are not necessary at the time this representation is made (or repeated) and which are of a routine or minor nature and are customarily granted in due course after timely application, or which need only be obtained as the Project progresses or after construction is completed (including an extension (or extensions) to the Operating Licence required prior to the Borrower commencing the provision of water supply and/or wastewater services in the territorial administrative units which are parties to the Delegation Contract but in which the Borrower is not providing water supply and/or wastewater services as at the date of this Agreement) and in respect of which the Borrower is not aware of any reason for it being unable to obtain in due course such Licences Licenses and Authorisations; for the avoidance of any doubt, the Borrower represents and warrants that it does not operate in any territorial administrative unit which is not covered contemplated in the Operation LicenceLicense; and (3) the due execution and delivery or performance by the Borrower of any Project Agreement, or the validity or enforceability thereof.