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 the Province of Alberta 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 5 contracts

Samples: Forbearance and Fourth Amending Agreement (PENGROWTH ENERGY Corp), Second Amending Agreement (PENGROWTH ENERGY Corp), Credit Agreement (PENGROWTH ENERGY Corp)

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Capacity, Power and Authority. (i) It is duly amalgamated and is validly subsisting under the laws of the Province of Alberta 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 2 contracts

Samples: Fourth Amending Agreement (Hammerhead Energy Inc.), Consent and Second Amending Agreement (Hammerhead Energy Inc.)

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