Common use of Power; Authorization; Execution Clause in Contracts

Power; Authorization; Execution. Buyer has all requisite corporate power and authority to execute, deliver, and perform this Agreement and the Transaction Documents to which it is a party and to consummate the transactions contemplated hereunder and thereunder. The execution, delivery, and performance of this Agreement and the Transaction Documents to which Buyer is a party have been duly authorized by all requisite corporate action, and this Agreement and the Transaction Documents to which it is a party has been duly executed and delivered by Buyer.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Pacific Energy Resources LTD), Purchase and Sale Agreement (Pacific Energy Resources LTD), Purchase and Sale Agreement (Pacific Energy Resources LTD)

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Power; Authorization; Execution. Buyer has all requisite corporate limited liability company power and authority to execute, deliver, and perform this Agreement and the Transaction Documents to which it is a party and to consummate the transactions contemplated hereunder and thereunder. The execution, delivery, and performance of this Agreement and the Transaction Documents to which Buyer is a party have been duly authorized by all requisite corporate actionparties, and this Agreement and the Transaction Documents to which it is a party has been duly executed and delivered by Buyer.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Miller Petroleum Inc)

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