POWER AND AUTHORITY TO ENTER Sample Clauses

POWER AND AUTHORITY TO ENTER. INTO AGREEMENT; FURTHER ASSURANCES. PGP --------------------------------------------------------------- is fully authorized to enter into and perform this Agreement, and PGP is fully authorized to purchase the Raton Basin Assets. The consummation of this Agreement will not violate or conflict with any governmental order, judgment or decree applicable to PGP. This Agreement has been duly executed and delivered on behalf of PGP, and at the Closing, all documents and instruments required hereunder to be executed and delivered by PGP will be duly authorized, executed and delivered. PGP shall furnish at Closing the consents of all parties whose consents are required under POP's partnership agreement; a resolution of POP's partners and Petroglyph Energy, Inc.'s Board of Directors authorizing the execution of this Agreement and all documents and instruments required hereunder, and a certificate of Petroglyph Energy, Inc.'s Secretary identifying Petroglyph Energy, Inc.'s officers.
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POWER AND AUTHORITY TO ENTER. Into Agreement; Further Assurances. ---------------------------------------------------------------- CEPI is fully authorized to enter into and perform this Agreement. The consummation of this Agreement will not violate or conflict with any governmental order, judgment or decree applicable to CEPI. This Agreement has been duly executed and delivered on behalf of CEPI, and at the Closing, all documents and instruments required hereunder to be executed and delivered by CEPI will be duly authorized, executed and delivered. CEPI shall furnish at Closing a certificate of CEPI's Secretary identifying CEPI's officers.
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POWER AND AUTHORITY TO ENTER. Into Agreement; Further Assurances. PGP ---------------------------------------------------------------- and POCI are fully authorized to enter into and perform this Agreement, and PGP is fully authorized to convey or cause to be conveyed the Net Profits Interest and fifty percent (50%) of its rights, title and interest in the Antelope Creek Assets. The consummation of this Agreement will not violate or conflict with any governmental order, judgment or decree applicable to PGP or POCI. This Agreement has been duly executed and delivered on behalf of PGP and POCI, and at the Closing, all documents and instruments required hereunder to be executed and delivered by PGP and POCI will be duly authorized, executed and delivered. PGP shall furnish at Closing the consents of all parties whose consents are required under PGP's partnership agreement; a resolution of PGP's partners and Petroglyph Energy, Inc.'s Board of Directors authorizing the execution of this Agreement and all documents and instruments required hereunder, and a certificate of Petroglyph Energy, Inc.'s Secretary identifying Petroglyph Energy, Inc.'s officers. POCI shall furnish at Closing a resolution of its Board of Directors authorizing the execution of this Agreement and all documents and instruments required hereunder, and a certificate of POCI's Secretary identifying POCI's officers.
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POWER AND AUTHORITY TO ENTER. Into Agreement; Further Assurances. ---------------------------------------------------------------- Inland is fully authorized to enter into and perform this Agreement and to convey or cause to be conveyed all of its rights, title and interest in the Duchesne/Antelope Creek Assets. The consummation of this Agreement will not violate or conflict with any governmental order, judgment or decree applicable to Inland. This Agreement has been duly executed and delivered on behalf of Inland, and at the Closing, all documents and instruments required hereunder to be executed and delivered by Inland will be duly authorized, executed and delivered. Inland shall furnish at Closing a resolution of its Board of Directors authorizing the execution of this Agreement and all documents and instruments required hereunder, together with a certificate of Inland's Secretary identifying Inland's officers.
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POWER AND AUTHORITY TO ENTER. INTO THIS AGREEMENT
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Related to POWER AND AUTHORITY TO ENTER

  • Power and Authority The Servicer has the corporate power and authority to execute and deliver this Agreement and to carry out its terms; and the execution, delivery and performance of this Agreement have been duly authorized by the Servicer by all necessary corporate action.

  • Existence, Power and Authority Each Borrower and Guarantor is a corporation or limited liability company duly organized and in good standing under the laws of its state of incorporation or formation and is duly qualified as a foreign corporation or limited liability company and in good standing in all states or other jurisdictions where the nature and extent of the business transacted by it or the ownership of assets makes such qualification necessary, except for those jurisdictions in which the failure to so qualify would not have a material adverse effect on such Borrower’s or Guarantor’ s financial condition, results of operation or business or the rights of Agent in or to any of the Collateral. The execution, delivery and performance of this Agreement, the other Financing Agreements and the transactions contemplated hereunder and thereunder (a) are all within each Borrower’s and Guarantor’s corporate powers, (b) have been duly authorized, (c) are not in contravention the terms of any Borrower’s or Guarantor’s certificate of incorporation or formation, by-laws, operating agreement or other organizational documentation, (d) are not in contravention in any material respect of any law or any indenture, agreement or undertaking to which any Borrower or Guarantor is a party or by which any Borrower or Guarantor or its property are bound and (e) will not result in the creation or imposition of, or require or give rise to any obligation to grant, any lien, security interest, charge or other encumbrance upon any property of any Borrower or Guarantor, except for the creation of a lien in favor of Agent. This Agreement and the other Financing Agreements to which any Borrower or Guarantor is a party constitute legal, valid and binding obligations of such Borrower and Guarantor enforceable in accordance with their respective terms ,except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar law limiting creditors’ rights generally and by general equitable principles.

  • Legal Power and Authority It has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. It is an entity duly organized, validly existing and in good standing under the laws its jurisdiction of organization.

  • Corporate Power and Authority Company has all requisite corporate power and authority to enter into this Amendment and to carry out the transactions contemplated by, and perform its obligations under, the Credit Agreement as amended by this Amendment (the "AMENDED AGREEMENT").

  • Requisite Power and Authority Such Subscriber has all necessary power and authority under all applicable provisions of law to execute and deliver this Subscription Agreement and other agreements required hereunder and to carry out their provisions. All action on Subscriber’s part required for the lawful execution and delivery of this Subscription Agreement and other agreements required hereunder have been or will be effectively taken prior to the Closing Date. Upon their execution and delivery, this Subscription Agreement and other agreements required hereunder will be valid and binding obligations of Subscriber, enforceable in accordance with their terms, except (a) as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws of general application affecting enforcement of creditors’ rights and (b) as limited by general principles of equity that restrict the availability of equitable remedies.

  • Powers and authority It has the power to enter into and perform, and has taken all necessary action to authorise the entry into and performance of, the Finance Documents to which it is or will be a party and the transactions contemplated by those Finance Documents.

  • Full Power and Authority Buyer represents that it has full power and authority to enter into this Agreement.

  • Power and Authorization The Company is duly incorporated, validly existing and in good standing under the laws of its state of incorporation, and has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder, and to consummate the Exchange contemplated hereby.

  • Incorporation and Authority The Company is an exempted company, duly incorporated, validly existing and in good standing under the laws of the Cayman Islands, and possesses all requisite power and authority necessary to carry out the transactions contemplated by this Agreement. This Agreement is a legal, valid and binding agreement of the Company, enforceable against the Company in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, fraudulent conveyance or similar laws affecting the enforcement of creditors’ rights generally and subject to general principles of equity (regardless of whether enforcement is sought in a proceeding at law or in equity).

  • Corporate Power and Authorization The Borrower has the corporate power and authority to execute, deliver, perform, and take all actions contemplated by, each of the Loan Documents to which it is a party, and all such action has been duly and validly authorized by all necessary corporate proceedings on its part. Without limiting the foregoing, the Borrower has the corporate power and authority to borrow pursuant to the Loan Documents to the fullest extent permitted hereby and thereby from time to time, and has taken all necessary corporate action to authorize such borrowings.

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