Common use of Authority to Act Clause in Contracts

Authority to Act. Each Party warrants it is not required to obtain any authorizations, approvals, or consents from any government bodies or regulatory authorities for the execution and delivery of this Agreement and its performance hereunder, its execution, delivery and performance of all of the terms and provisions under this Agreement has been duly authorized by proper corporate or other action under the laws of the state of its incorporation, formation or organization, and no consent of any third person to its execution, delivery, and performance under this Agreement is otherwise required.

Appears in 5 contracts

Samples: Completion Guaranty, Completion Guaranty, Completion Agreement

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Authority to Act. Each Party warrants it is not required to obtain any authorizations, approvals, approvals or consents from any government bodies or regulatory authorities for the execution and delivery of this Agreement and its performance hereunder, its execution, delivery and performance of all of the terms and provisions under this Agreement has been duly authorized by proper corporate or other action under the laws of the state of its incorporation, formation or organization, and no consent of any third person to its execution, delivery, and performance under this Agreement is otherwise required.

Appears in 3 contracts

Samples: Completion Agreement, Completion Guaranty, Completion Guaranty

Authority to Act. Each Party warrants it is not required to obtain any authorizations, approvals, approvals or consents from any government bodies or regulatory authorities for the execution and delivery of this Agreement and its performance hereunder, its execution, delivery and performance of all of the terms and provisions under this Agreement has been duly authorized by proper corporate or other action under the laws of the state of its incorporation, formation or organization, and no consent of any third person to its execution, delivery, delivery and performance under this Agreement is otherwise required.

Appears in 2 contracts

Samples: Completion Guaranty, Completion Agreement

Authority to Act. Each Party warrants it is not required to obtain any authorizations, approvals, or consents from any government bodies or regulatory authorities for the execution and delivery of this Agreement and its performance hereunder, its execution, delivery delivery, and performance of all of the terms and provisions under this Agreement has been duly authorized by proper corporate or other action under the laws of the state of its incorporation, formation or organization, and no consent of any third person to its execution, delivery, and performance under this Agreement is otherwise required.

Appears in 2 contracts

Samples: Completion Agreement, Completion Guaranty

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Authority to Act. Each Party warrants it is not required to obtain any authorizations, approvals, approvals or consents from any government bodies or regulatory authorities for the execution and delivery of this Completion Agreement and its performance hereunder, its execution, delivery and performance of all of the terms and provisions under this Completion Agreement has been duly authorized by proper corporate or other action under the laws of the state of its incorporation, formation or organization, and no consent of any third person to its execution, delivery, delivery and performance under this Completion Agreement is otherwise required.

Appears in 1 contract

Samples: Completion Agreement

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