Common use of Valid Authority Clause in Contracts

Valid Authority. The Purchaser has taken all necessary corporate action to authorize the creation, execution, delivery and performance by it of this Agreement and for it to observe and perform the provisions of this Agreement in accordance with its terms.

Appears in 4 contracts

Sources: Natural Gas Inventory Forward Sale Contract, Natural Gas Inventory Forward Sale Contract, Natural Gas Inventory Forward Sale Contract

Valid Authority. The Purchaser has taken all necessary corporate action to authorize the creation, execution, delivery and performance by it of this Agreement and for it to observe and perform the provisions of this Agreement in accordance with its terms.

Appears in 3 contracts

Sources: Natural Gas Inventory Forward Sale Contract (Crystal Oil Co), Crude Oil Forward Sale Contract (Crystal Oil Co), Natural Gas Inventory Forward Sale Contract (Eex Corp)

Valid Authority. The Purchaser has taken all necessary corporate action to authorize the creation, execution, delivery and performance by it of this Agreement and for it to observe and perform the provisions of this Agreement in accordance with its terms.

Appears in 1 contract

Sources: Natural Gas Forward Sale Agreement