Capacity, Power and Authority. (i) The Borrower has been duly incorporated and is validly subsisting under the laws of its governing jurisdiction and has all the requisite corporate capacity, power and authority to carry on its business as presently conducted.
Appears in 2 contracts
Samples: First Amending Agreement (Kinder Morgan Canada LTD), Second Amending Agreement (Kinder Morgan Canada LTD)
Capacity, Power and Authority. (i) The Borrower has been is duly incorporated and is validly subsisting under the laws of its governing jurisdiction of incorporation or creation and has all the requisite corporate capacity, power and authority to carry on its business as presently conducted.conducted and to own its property; and
Appears in 2 contracts
Samples: Third Amending Agreement (Nexen Inc), Second Amending Agreement (Nexen Inc)
