Common use of Requisite Authority Clause in Contracts

Requisite Authority. Purchaser has taken all necessary corporate action and has all requisite power and authority to enter into this Agreement and to perform its obligations under this Agreement;

Appears in 4 contracts

Sources: Purchase and Sale Agreement (Barnwell Industries Inc), Purchase and Sale Agreement (Barnwell Industries Inc), Purchase and Sale Agreement (Barnwell Industries Inc)

Requisite Authority. Purchaser has taken all necessary corporate action and has all requisite corporate power and authority to enter into this Agreement and to purchase and pay for the Assets on the terms described herein and to perform its the other obligations of Purchaser under this Agreement;

Appears in 1 contract

Sources: Purchase and Sale Agreement (Westlink Resources LTD)

Requisite Authority. Purchaser has taken all necessary corporate action and has all requisite power and authority to enter into this Agreement and to perform its obligations under this Agreement and has authorized and taken all corporate actions necessary to authorize the execution, delivery and performance of this Agreement and the transactions herein all in accordance with this Agreement;.

Appears in 1 contract

Sources: Share Purchase and Sale Agreement (Ivanhoe Energy Inc)

Requisite Authority. Purchaser has taken all necessary corporate action and has all requisite corporate power and authority to enter into this Agreement and to purchase and pay for the Assets on the terms described herein and to perform its the other obligations of Purchaser under this Agreement;

Appears in 1 contract

Sources: Purchase and Sale Agreement (Geocan Energy Inc)

Requisite Authority. Purchaser has taken all necessary corporate action and has all requisite power and authority to enter into execute this Agreement and the other agreements and documents required to be delivered hereby and to perform its the obligations under this Agreement;to which it thereby becomes subject.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Terra Industries Inc)