Common use of Company Authorization Clause in Contracts

Company Authorization. Lessor is a limited liability company, duly organized, validly existing and in good standing under the laws of Delaware, has all necessary powers to enter into the transaction contemplated in this Lease and has authorized and approved the lease of the Aircraft to Lessees.

Appears in 3 contracts

Sources: Aircraft Dry Lease Agreement (Moelis & Co), Aircraft Dry Lease Agreement (Moelis & Co), Aircraft Dry Lease (Moelis & Co)