Common use of Powers and authority Clause in Contracts

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

Appears in 9 contracts

Samples: Credit Agreement (Atlas Corp.), Credit Agreement (Atlas Corp.), Credit Agreement (Atlas Corp.)

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Powers and authority. Each Obligor has the power to enter into and perform, and has have taken all necessary action corporate actions to authorize authorise the entry into into, performance and performance delivery of, the Loan Finance Documents and/or the Transaction Documents to which it is or will be a party party, and the transactions contemplated by those Loan Documentsherein and therein.

Appears in 7 contracts

Samples: Guarantee Agreement (KNOT Offshore Partners LP), Agreement, Facility Agreement (KNOT Offshore Partners LP)

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

Appears in 3 contracts

Samples: Agreement (Imperial Tobacco Group PLC), Agreement (Imperial Tobacco Group PLC), Agreement (Imperial Tobacco Group PLC)

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

Appears in 3 contracts

Samples: Term Loan Agreement (Fabrinet), Execution Version (Mitcham Industries Inc), Agreement (Photronics Inc)

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

Appears in 2 contracts

Samples: Subscription Agreement, Subscription Agreement

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

Appears in 1 contract

Samples: Kadant Jining Light (Kadant Inc)

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