Common use of DUE AUTHORISATION Clause in Contracts

DUE AUTHORISATION. The Seller has the power to enter into, exercise its rights and perform and comply with its obligations contained in the Transaction Documents to which it is a party and to consummate the transactions contemplated by the Transaction Documents to which it is or will be a party.

Appears in 3 contracts

Sources: Aircraft Sale Agreement (Atlas Air Worldwide Holdings Inc), Aircraft Sale Agreement (Atlas Air Worldwide Holdings Inc), Aircraft Sale Agreement (Atlas Air Worldwide Holdings Inc)