Validity and admissibility in evidence. All Authorisations required to enable it lawfully to enter into, exercise its rights and comply with its obligations in the Finance Documents to which it is a party have been obtained or effected and are in full force and effect.
Appears in 3 contracts
Samples: Agreement (Mercer International Inc), Credit Facility Agreement (Mercer International Inc.), Agreement (Mercer International Inc.)
Validity and admissibility in evidence. All Authorisations required to enable it lawfully to enter into, into any Finance Documents being entered into by it or under which it incurs any obligations or to exercise its rights and comply with its obligations in the Finance Documents to which it is a party have been obtained or effected and are in full force and effecteffect or will be obtained when required.
Appears in 2 contracts
Samples: Credit Agreement (Id Systems Inc), Credit Agreement (PowerFleet, Inc.)
Validity and admissibility in evidence. All Authorisations required in order (a) to enable it lawfully to enter into, exercise its rights under and perform and comply with its the obligations expressed to be assumed by it in the Finance Documents to which it is a party and (b) to make the Finance Documents to which the Borrower is a party admissible in evidence in its Relevant Jurisdiction have been obtained or effected and are in full force and effecteffect or will be obtained and will be in full force and effect when required.
Appears in 2 contracts
Samples: Agreement (FreeSeas Inc.), Agreement (FreeSeas Inc.)
Validity and admissibility in evidence. All Authorisations authorisations and permits required or desirable to enable it lawfully to enter into, exercise its rights and comply with its obligations in the Finance Transaction Documents to which it is a party have been obtained or effected and are in full force and effect, unless otherwise agreed in the Terms and Conditions.
Appears in 1 contract
Validity and admissibility in evidence. All Authorisations required to enable it lawfully to enter into, exercise its rights and comply with its obligations in the Finance Documents to which it is a party have been obtained or effected and are in full force and effect, except those Authorisations which, if not obtained or effected, would not have a Material Adverse Effect.
Appears in 1 contract