Common use of Requisite Authority Clause in Contracts

Requisite Authority. The Purchaser has the requisite capacity, power and authority to execute this Agreement and the Conveyance Documents and to perform the obligations to which it thereby becomes subject;

Appears in 6 contracts

Sources: Purchase and Sale Agreement (Centor Energy, Inc.), Agreement of Purchase and Sale (Exco Resources Inc), Purchase and Sale Agreement (Promax Energy Inc)

Requisite Authority. The Purchaser has the possesses all requisite capacity, power and authority necessary to execute carry out the transactions contemplated by this Agreement, the Warrant Agreement and the Conveyance Documents and to perform the obligations to which it thereby becomes subject;Right Agreement.

Appears in 3 contracts

Sources: Unit Purchase Agreement (GigCapital, Inc.), Unit Purchase Agreement (GigCapital, Inc.), Unit Purchase Agreement (GigCapital, Inc.)

Requisite Authority. The Purchaser has the requisite corporate capacity, power and authority to execute this Agreement and the Conveyance Documents other agreements and documents required to be delivered hereby and to perform the obligations to which it thereby becomes subject;.

Appears in 3 contracts

Sources: Share Purchase Agreement (Markwest Hydrocarbon Inc), Share Purchase Agreement (Markwest Hydrocarbon Inc), Share Purchase Agreement (Petrocorp Inc)

Requisite Authority. The Purchaser has the requisite capacity, power and authority to execute this Agreement and the Conveyance Documents and to perform the obligations to which it thereby becomes subjectsubject and no authorizations or approvals of any governmental body, other than as will be obtained prior to Closing Time are required for the execution, delivery and performance of the obligations of the Purchaser;

Appears in 2 contracts

Sources: Initial Assets Purchase Agreement (Paramount Energy Trust), Initial Assets Purchase Agreement (Paramount Energy Trust)

Requisite Authority. The Purchaser has the requisite corporate capacity, power and authority to execute this Agreement and the Conveyance Documents other agreements required to be delivered hereby and to perform the obligations to which it thereby becomes subject;.

Appears in 2 contracts

Sources: Asset Purchase Agreement, Asset Purchase Agreement

Requisite Authority. The Purchaser has the possesses all requisite capacity, power and authority necessary to execute carry out the transactions contemplated by this Agreement and the Conveyance Documents and to perform the obligations to which it thereby becomes subject;Agreement.

Appears in 2 contracts

Sources: Sponsor Warrants Purchase Agreement (Worldwide Webb Acquisition Corp.), Sponsor Warrants Purchase Agreement (Worldwide Webb Acquisition Corp.)

Requisite Authority. The Purchaser has the requisite capacity, power and authority to execute this Agreement and the Conveyance Documents and to perform the obligations to which it thereby becomes subjectsubject and no authorizations or approvals of any governmental body, other than as will be obtained prior to Closing Time, are required for the execution, delivery and performance of the obligations of the Purchaser;

Appears in 2 contracts

Sources: Take Up Agreement (Paramount Energy Trust), Take Up Agreement (Paramount Energy Trust)

Requisite Authority. The Purchaser has the all requisite capacity, power and authority to execute enter into this Agreement and to purchase and pay for the Conveyance Documents Assets on the terms described herein and to perform the other obligations to which it thereby becomes subjectof Purchaser under this Agreement;

Appears in 2 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement

Requisite Authority. The Purchaser has the has: (i) all requisite capacity, power and authority to execute enter into this Agreement and the Conveyance Documents and to perform its obligations under this Agreement; and (ii) taken all corporate and partnership action necessary to authorize the obligations to which it thereby becomes subjectpurchase of the Assets in accordance with this Agreement;

Appears in 1 contract

Sources: Asset Purchase and Sale Agreement (Plains All American Pipeline Lp)

Requisite Authority. The Purchaser has the requisite capacity, power ------------------- and authority to execute this Agreement and the Conveyance Documents and to perform the obligations to which it thereby becomes subject;

Appears in 1 contract

Sources: Purchase and Sale Agreement (Cec Resources LTD)

Requisite Authority. The Purchaser has the requisite capacity, power and authority to execute this Agreement and the Conveyance Documents and to perform the obligations to which it thereby becomes subject, and delivery and performance of this Agreement has been duly and validly authorized by any and all requisite corporate, shareholders’ and directors’ actions and will not result in any violation of, be in conflict with or constitute a default under any articles, charter, bylaw or other governing document to which the Purchaser is bound;

Appears in 1 contract

Sources: Purchase and Sale Agreement (Kodiak Energy, Inc.)

Requisite Authority. The the Purchaser has the all requisite capacity, power and authority to execute enter into this Agreement and to purchase and pay for the Conveyance Documents Assets on the terms described herein and to perform the obligations to which it thereby becomes subjectof the Purchaser under this Agreement;

Appears in 1 contract

Sources: Sale Agreement (Delta Petroleum Corp/Co)

Requisite Authority. The Purchaser has the requisite capacity, power and authority to execute this Agreement and the Conveyance Documents and execute and deliver the Note, and to perform the obligations to which it thereby becomes subject;

Appears in 1 contract

Sources: Purchase and Sale Agreement (Samoyed Energy Corp)

Requisite Authority. The Purchaser has the requisite capacity, power and authority to execute this Agreement and the Conveyance Documents and to perform the obligations to which it thereby becomes subject;

Appears in 1 contract

Sources: Asset Sale Agreement

Requisite Authority. The Purchaser has Purchasers have the requisite capacity, power and authority to execute this Agreement and the Conveyance Documents and to severally perform the obligations to which it they thereby becomes become subject;

Appears in 1 contract

Sources: Partnership Interest Sale Agreement (Canetic Resources Trust)

Requisite Authority. The Purchaser has the requisite corporate capacity, power power, and authority to execute this Agreement and the Conveyance Documents other agreements required to be delivered hereby and to perform the obligations to which it thereby becomes subject;.

Appears in 1 contract

Sources: Asset Purchase Agreement (Avvenire Electric Vehicle International Corp.)

Requisite Authority. The Purchaser has the all requisite capacity, power and authority to execute enter into this Agreement and to purchase and pay for the Conveyance Documents Assets on the terms described herein and to perform the obligations to which it thereby becomes subjectof Purchaser under this Agreement;

Appears in 1 contract

Sources: Purchase and Sale Agreement (Delta Petroleum Corp/Co)