Common use of Requisite Power Clause in Contracts

Requisite Power. The Lender has all requisite corporate or other legal power and all governmental licenses, permits, authorizations, consents and approvals necessary to enter into and perform its obligations under this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Incontrol Inc), Credit Agreement (Thoratec Laboratories Corp)

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Requisite Power. The Lender has all requisite corporate or other --------------- legal power and all governmental licenses, permits, authorizations, consents and approvals necessary to enter into and perform its obligations under this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Incontrol Inc), Credit Agreement (Guidant Corp)

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