Capacity and authorisation Sample Clauses

Capacity and authorisation. 2.2.1 Each Luxembourg Obligor has the capacity and power to enter into each of the Transaction Documents to which it is a party and to exercise its rights and to perform its obligations under those Transaction Documents.
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Capacity and authorisation. The entry into and performance by each of the Account Party and the other Obligors of this Agreement and the other Finance Documents are, so far as it is aware and having made due enquiry, within the corporate powers of the Account Party and those Obligors and have been duly authorised by all necessary corporate actions and approvals.
Capacity and authorisation the Issuer has full power and capacity:
Capacity and authorisation. The Buyer:
Capacity and authorisation the execution, delivery and performance by it of this Agreement or of any other Transaction Document to which it is a party and any other documents to be delivered by it hereunder:
Capacity and authorisation. 2.2.1 The Luxembourg Obligor has the capacity and power to enter into the Credit Amendment Agreement and to perform its obligations under the Credit Amendment Agreement.
Capacity and authorisation. The entry into and performance by the Borrower of this Agreement and the other Finance Documents and the Charters to which it is (or is to become) a party are within the corporate powers of the Borrower and have been duly authorised by all necessary corporate actions and approvals. In entering into this Agreement and the other relevant Finance Documents and Charters the Borrower is acting on its own account and not as agent or nominee of any person.
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Capacity and authorisation. The entry into and performance by the Borrower of this Agreement and the other Security Documents and the Underlying Documents are within the corporate powers of the Borrower and have been duly authorised by all necessary corporate actions and approvals. In entering into this Agreement and the other Security Documents the Borrower is acting on its own account and not as agent or nominee of any person.
Capacity and authorisation. The Nominee:
Capacity and authorisation the execution, delivery and performance by it of this Agreement and each other Transaction Document to which it is a party and any other documents to be delivered by it hereunder (i) are within its corporate powers, (ii) have been duly authorised by all necessary corporate action, (iii) do not contravene (a) its articles of association, (b) any law, rule or regulation applicable to it, (c) any contractual restriction binding on or affecting it or its property (unless such contravention would not have a Material Adverse Affect) or (d) any order, writ, judgement, award, injunction or decree binding on or affecting it or its property; and it has duly executed and delivered this Agreement and each other Transaction Document to which it is a party;
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