Representations and Warranties Regarding Authority. (a) Pursuant to PTO 8, the PSC has explored settlement opportunities with XXXX and pursuant to such authority, with approval of the PSC, Co-Liaison Counsel have been given the authority to execute this SA on behalf of the putative New Class. This SA has been duly and validly executed and delivered by the PSC, and constitutes a legal, valid and binding obligation of the New Class.
Appears in 2 contracts
Samples: Claims Settlement Agreement (Halliburton Co), Damages and Assigned Claims Settlement Agreement
Representations and Warranties Regarding Authority. (a) Pursuant to PTO 8, the PSC has explored settlement opportunities with XXXX Transocean and pursuant to such authority, with approval of the PSC, Co-Liaison Counsel have been given the authority to execute this SA on behalf of the putative New Class. This SA has been duly and validly executed and delivered by the PSC, and constitutes a legal, valid and binding obligation of the New Class.
Appears in 2 contracts
Samples: Claims Settlement Agreement, Claims Settlement Agreement
