Authorization and Authority. The execution and delivery of this ----------------------------- Agreement have been and the performance of this Agreement and the transactions contemplated hereby shall be at the time required to be performed hereunder, duly and validly authorized by all requisite corporate action on the part of Buyer. Buyer has full corporate power and authority to carry on its business as presently con-ducted, to enter into this Agreement, to purchase the Properties on the terms de-scribed in this Agreement and to perform its other obligations under this Agreement.
Appears in 3 contracts
Samples: Agreement for Purchase and Sale (Us Energy Corp), Agreement for Purchase and Sale (Us Energy Corp), Agreement for Purchase and Sale (Crested Corp)
Authorization and Authority. The execution and delivery of this ----------------------------- Agreement have been and the performance of this Agreement and the transactions contemplated hereby shall be at the time required to be performed hereunder, duly and validly authorized by all requisite corporate action on the part of Buyer. Buyer has full corporate power and authority to carry on its business as presently con-ductedconducted, to enter into this Agreement, to purchase the Properties on the terms de-scribed described in this Agreement and to perform its other obligations under this Agreement.
Appears in 2 contracts
Samples: Agreement for Purchase and Sale (Cano Petroleum, Inc), Agreement for Purchase and Sale (Toreador Resources Corp)
Authorization and Authority. The execution and delivery of this ----------------------------- Agreement have been and the performance of this Agreement and the transactions contemplated hereby shall be at the time required to be performed hereunder, duly and validly authorized by all requisite corporate action on the part of Buyer. Buyer has full corporate power and authority to carry on its business as presently con-ductedconducted, to enter into this Agreement, to purchase the Properties on the terms de-scribed described in this Agreement and to perform its other obligations under this Agreement.
Appears in 2 contracts
Samples: Agreement for Purchase and Sale (Resaca Exploitation, Inc.), Agreement for Purchase and Sale (Resaca Exploitation, Inc.)
Authorization and Authority. The execution and delivery of this ----------------------------- Agreement Agree- ment have been and the performance of this Agreement and the transactions contemplated hereby shall be at the time required to be performed hereunder, duly and validly authorized by all requisite corporate action on the part of Buyer. Buyer has full corporate power and authority to carry on its business as presently con-ductedconducted, to enter into this Agreement, to purchase the Properties on the terms de-scribed described in this Agreement and to perform its other obligations under this Agreement.
Appears in 1 contract
Samples: Agreement for Purchase and Sale (Bellwether Exploration Co)
Authorization and Authority. The execution and delivery of this ----------------------------- Agreement have been and the performance of this Agreement and the transactions contemplated hereby shall be at the time required to be performed hereunder, duly and validly authorized by all requisite corporate action on the part of Buyer. Buyer has full corporate power and authority to carry on its business as presently con-ductedconducted, to enter into this Agreement, to purchase the Properties on the terms de-scribed described in this Agreement and to perform its other obligations under this Agreement.
Appears in 1 contract
