Common use of Requisite Authority Clause in Contracts

Requisite Authority. The Vendor has the requisite capacity, power and authority (subject to obtaining any third party consents required in order to transfer the Assets) to execute this Agreement and the Conveyance Documents and to perform the obligations to which it thereby becomes subject;

Requisite Authority. The Vendor has the requisite capacity, power and authority (subject to obtaining any third party consents required in order to transfer the Assets) to execute this Agreement and and. the Conveyance Documents and to perform the obligations to which it thereby becomes subject;

Requisite Authority. The Vendor has the requisite capacitygood right, full power and absolute authority (subject to obtaining any third party consents required bargain, sell, transfer and assign the Assets for the purposes and in order to transfer the Assets) to execute manner contemplated by this Agreement and the Conveyance Documents and to perform consummation of the obligations to which it thereby becomes subjecttransactions contemplated herein have been duly authorized by all necessary corporate action on its part;