English to Spanish Other Finance (general) Contract - Grant Extension

Source text:
By signing this letter, the Principal Recipient represents that: (i) it has all necessary power, is duly authorized by or has all necessary consents, approvals and authorizations to execute and deliver this letter; and (ii) the execution, delivery and ***performance** by the Principal Recipient on behalf of the Grantee **of this letter** does not violate or conflict with applicable law, any provision of the Grantee´s or the Principal Recipient´s constitutional documents, any other or judgement of any court or the competent authority, or contractual restriction binding on or affecting the Grantee or the Principal Recipient.

Translation:
Al firmar la presente carta, el Beneficiario Principal declara que: (i) posee todas las facultades necesarias, está debidamente autorizado o tiene todos los consentimientos, aprobaciones y autorizaciones necesarias para firmar y entregar esta carta; y (ii) la firma y entrega....