Common use of Capacity, Power and Authority Clause in Contracts

Capacity, Power and Authority. (i) It is duly amalgamated and is validly subsisting under the laws of its jurisdiction of amalgamation and has all the requisite corporate capacity, power and authority to carry on its business as presently conducted and to own its property; and

Appears in 15 contracts

Samples: First Amending Agreement (Bellatrix Exploration Ltd.), Fourth Amending Agreement, First Amending Agreement

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Capacity, Power and Authority. (i) It is duly amalgamated incorporated and is validly subsisting under the laws of its jurisdiction of amalgamation incorporation or creation and has all the requisite corporate capacity, power and authority to carry on its business as presently conducted and to own its property; and

Appears in 12 contracts

Samples: Fifth Amending Agreement (Enbridge Inc), First Amending Agreement (Enbridge Inc), First Amending Agreement (Enbridge Inc)

Capacity, Power and Authority. (i) It is duly amalgamated incorporated and is validly subsisting under the laws of its jurisdiction of amalgamation incorporation and has all the requisite corporate capacity, power and authority to carry on its business as presently conducted and to own its property; and

Appears in 9 contracts

Samples: Fifth Amending Agreement (Potash Corp of Saskatchewan Inc), Second Amending Agreement (Trident Resources Corp), Amending Agreement (Trident Resources Corp)

Capacity, Power and Authority. (i) It is duly amalgamated or incorporated, as the case may be, and is validly subsisting under the laws of its jurisdiction of amalgamation or incorporation, as the case may be, and has all the requisite corporate capacity, power and authority to carry on its business as presently conducted and to own its property; and

Appears in 8 contracts

Samples: Fifth Amending Agreement (Baytex Energy Corp.), Fourth Amending Agreement (Baytex Energy Corp.), Third Amending Agreement (Baytex Energy Corp.)

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Capacity, Power and Authority. (ia) It is duly amalgamated incorporated and is validly subsisting under the laws of its jurisdiction of amalgamation incorporation and has all the requisite corporate capacity, power and authority to carry on its business as presently conducted and to own its property; and

Appears in 1 contract

Samples: Sixth Amending Agreement

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