The Recipient a. acknowledges that the Trust will maintain regular contact with the Recipient to monitor the implementation of the Project and the Deed
The Recipient. The Recipient is duly incorporated, validly existing, and in good standing as a company under the laws of the jurisdiction of its formation. The Recipient has full power and authority to enter into and perform its obligations under this Agreement. The Recipient has taken all corporate and other actions necessary to enable it to enter into and perform its obligations under this Agreement. This Agreement constitutes and imposes legal and binding obligations on it fully enforceable in accordance with its terms. Completion of the transactions contemplated by this Agreement by the Recipient will not conflict with, result in the breach of, or constitute a default under, or accelerate the performance provided by, any law or the terms of any contract, agreement or deed to which a Recipient may be bound or affected. The Recipient and its financial institutions are not subject to sanctions or otherwise designated on any list of prohibited or restricted parties or owned or controlled by such a party. Except for the APIDT Warranties and other representations, warranties and undertakings expressly set out in this Agreement, no representations, warranties or undertakings regarding the future financial performance or prospects of the Transfer Addresses or otherwise: have been made or given to the Recipient by APIDT or any person on its behalf; have been relied on by the Recipient; or have induced or influenced the Recipient to, or have been taken into account by the Recipient as being important to, its decision to buy the Transfer Addresses , agree to any terms of this Agreement, or enter into this Agreement. The Recipient has entered into this Agreement after satisfactory inspection and investigation of the acquisition of the Transfer Addresses , including a detailed review of all RFT Documentation. The Recipient has made and relies on its own searches, investigations, enquiries and evaluations regarding the Transfer Addresses, except to the extent expressly set out in the APIDT Warranties and elsewhere in this Agreement. The Recipient has obtained all necessary approvals, consents and authorisations to enter into and perform its obligations under this Agreement including (if the Recipient is a company) under its constitution, relevant listing rules and the law of its jurisdiction of incorporation. The financial information provided in its response to the RFT is current and accurate. The Recipient has not engaged any broker, investment banker, financial advisor or any o...
The Recipient must notify the Commissioner as soon as reasonably practicable that an underspend is forecast. Any underspend of Grant funds cannot be carried over to the following financial year except with the express consent of the Commissioner.
The Recipient. (a) shall use the same standard of care with respect to the Confidential Information as it uses with its own confidential information, but in any event no less than a reasonable standard of care, so as to prevent any unauthorized disclosure to a third party by the Recipient or its employees, agents and consultants as more particularly referred to in Paragraph 5 herein;