Authority and Qualification. The individual signing this Agreement agrees and warrants that (i) he/she has the authority to bind contractually the organization applying for exhibit space and (ii) the product brought to be exhibited qualifies for the exhibition. If at any time, SPE determines, in its sole discretion that the product does not qualify for the exhibition, SPE can cancel the space and Agreement without any refunds and liability to Exhibitor.
Authority and Qualification. Tenant warrants that all consents or approvals required of third parties (including its Board of Directors) for the execution, delivery and performance of this Lease have been obtained and that Tenant has the right and authority to enter into and perform its covenants contained in this Lease. Landlord warrants that all consent or approvals required of third parties (including its Board of Trustees) for the execution, delivery and performance of this Lease have been obtained and that Landlord has the right and authority to enter into and perform its covenants contained in this Lease. Landlord and Tenant each also represents and warrants that it is lawfully doing business in the state in which the Properties are located.
Authority and Qualification. The individual signing this Agreement agrees and warrants that (i) he/she has the authority to bind contractually the Exhibitor applying for Exhibit Space and (ii) the product and services brought to be exhibited qualifies for the Event. If OTC, at any time, determines, in its sole discretion, that the product does not qualify for the Event, OTC can cancel the Exhibit Space and Agreement without any refunds and liability to Exhibitor.
Authority and Qualification. Tenant warrants that all consents or approvals required of third parties (including its Board of Directors) for the execution, delivery and performance of this Lease have been obtained and that Tenant has the right and authority to enter into and perform its covenants contained in this Lease. Landlord warrants that all consent or approvals required of third parties (including its Board of Trustees) for the execution, delivery and performance of this Lease have been obtained and that Landlord has the right and authority to enter into and perform its covenants contained in this Lease. Landlord and Tenant each also represents and warrants that it is lawfully doing business in the State. ________________________________________________________________________________________________________________________
Authority and Qualification of the Barge Family and CEFI. CEFI is a Luxembourg societe de participations financiere, duly organised and validly existing under the laws of Luxembourg, and it, along with each of the members of the Barge Family, has all necessary power and authority to enter into this Agreement, and CEFI has all necessary power and authority to enter into the New Stockholders Agreement and the New Registration Rights Agreement, to carry out their respective obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement, the New Stockholders Agreement and the New Registration Rights Agreement by CEFI and, with respect to this Agreement only, the Barge Family, the performance by the Barge Family and CEFI of their obligations hereunder and thereunder and the consummation by the Barge Family and CEFI of the transactions contemplated hereby and thereby have been duly authorized by all requisite action on the part of the Barge Family and CEFI. This Agreement has been, and upon their execution the New
Authority and Qualification uBid has the power and authority to enter into this Agreement.
Authority and Qualification. Seller and each Seller Subsidiary has --------------------------- the power and authority, and is duly qualified in all jurisdictions (except for such qualifications the absence of which either individually or in the aggregate will not have a Material Adverse Effect) where such qualification is required, to carry on its business as it is now being conducted and to own all its material properties and assets, and it has all federal, state, local, and foreign governmental authorizations necessary for it to own or lease its properties and assets and to carry on its business as it is now being conducted, except for such powers and authorizations the absence of which, either individually or in the aggregate, would not have a Material Adverse Effect.
Authority and Qualification. FHNC has the power and authority, and --------------------------- is duly qualified in all jurisdictions (except for such qualifications the absence of which either individually or in the aggregate will not have a Material Adverse Effect) where such qualification is required, to carry on its business as it is now being conducted and to own all its material properties and assets, and it has all federal, state, local, and foreign governmental authorizations necessary for it to own or lease its properties and assets and to carry on its business as it is now being conducted, except for such powers and authorizations the absence of which, either individually or in the aggregate, would not have a Material Adverse Effect.
Authority and Qualification. FEEB has, and to its knowledge, each other contracting party to each of the Contracts has, the right, power, authority and qualification and has taken all action necessary to execute and deliver, and to exercise its rights and perform its obligations under, each of the Contracts to which it is a party, including, without limitation, in the case of FEEB, its qualifications required by any applicable PRC law, judgment, decree, rule, regulation, ordinance or order or the PRC Government Authorities in relation to foreign-related cooperative coalbed methane exploitation project, which include, but are not limited to: (i) at least five years of experience in the exploration and development of coalbed methane; (ii) internationally advanced technologies and technical team for the exploration and development of coalbed methane; (iii) management ability for coalbed methane exploration and development operations; and (iv) good creditworthiness and efficient fund. The individuals who executed the Contracts on behalf of FEEB (and to the knowledge of FEEB, the individuals who executed on behalf of any other party thereto) were duly authorized to so execute and bind the contracting party on behalf of which he or she executed the Contracts, and the Contracts were duly executed and delivered.
Authority and Qualification. Each Seller has full power and authority, and the legal capacity, to execute and deliver this Agreement and the Operative Documents which it is required to execute and/or deliver, and to perform its obligations hereunder and thereunder, all of which have been duly authorized by all proper and necessary action; and has duly executed and delivered this Agreement and such Operative Documents, and this Agreement and such Operative Documents constitute legal, valid and binding obligations of such Seller, enforceable in accordance with its and their respective terms, except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance, or other laws of general application relating to or affecting the enforcement of creditors’ rights generally, or (ii) as limited by laws relating to the availability of specific performance, injunctive relief, or other equitable remedies. Each Seller is duly qualified, licensed or admitted to do business and is in good standing in each jurisdiction in which the ownership, use or leasing of its assets (including, without limitation, the Acquired Assets) and other properties, or the conduct or nature of the Business, makes such qualification, licensing or admission necessary, except for such failures to be so qualified, licensed or admitted and in good standing which, individually or in the aggregate, (i) are not having and could not reasonably be expected to have a Material Adverse Effect, and (ii) could not reasonably be expected to have a material adverse effect on the validity or enforceability of this Agreement or any of the Operative Documents or on the ability of a Seller to perform its obligations hereunder or thereunder. Schedule 6.03 of the Disclosure Schedule lists each business license and permit held by a Seller that is material to the conduct of the Business by such Seller (collectively, the “Permits”), are true and complete copies of which have been delivered to Buyer. Each Permit is valid, binding and in full force and effect, and no Seller has received any notice that it is in default (or with the giving of notice or lapse of time or both, would be in default) under any applicable Permit or that any such Permit is subject to being revoked.
