Execution and capacity Clause Samples
Execution and capacity. Every order which we may take is accepted and executed on the basis that we act on our own account as principal and not as agent for you.
Related to Execution and capacity
Power and Capacity Each Shareholder has the power, authority and capacity to enter into this Agreement and to consummate the transactions contemplated hereby. This Agreement constitutes each Shareholder’s valid, legal and binding obligation and is enforceable against such Shareholder in accordance with its terms, subject, however, as to enforcement, to bankruptcy, insolvency, fraudulent transfer, moratorium and similar laws of general applicability relating to or affecting creditors’ rights;
Authority and Capacity Contractor and Contractor’s signatory each warrant and represent that each has full authority and capacity to enter into this Contract.
Corporate Capacity The Acquirer has the corporate power, capacity and authority to enter into and complete this Agreement;
Contract Capacity The electric power producing capability of the Generating Facility which is committed to Edison.
Legal Capacity All parties to the Mortgage Note and the Mortgage had legal capacity to enter into the Mortgage Loan and to execute and deliver the Mortgage Note and the Mortgage, and the Mortgage Note and the Mortgage have been duly and properly executed by such parties. The Mortgagor is a natural person;