Requisite Authority definition

Requisite Authority. The Purchaser has all requisite capacity, power and authority to enter into this Agreement and the Registration Rights Agreement and to perform its obligations under each such agreement and the execution and delivery of this Agreement and the Registration Rights Agreement and the consummation of the transactions contemplated under each such agreement including, without limitation, the issuance of the securities as described in Section 2.3 hereof, have been duly authorized by all necessary corporate action required on the part of the Purchaser;
Sample 1

Examples of Requisite Authority in a sentence

  • CR filled, Agent Name & Code mentioned & signed by the Requisite Authority.

  • Terms contained, but not defined, herein shall have the definitions or meanings ascribed to such terms in the Non-Disclosure Agreement or the ISO New England Information Policy.2. Requisite Authority.

  • As a material inducement to the Company to enter into this Agreement and issue and sell the Private Placement Warrants to the Purchaser, the Purchaser hereby represents and warrants to the Company (which representations and warranties shall survive each Closing Date) that:Organization and Requisite Authority.

  • The NYISO Had Requisite Authority To Make the Compliance Filing 23.

  • Requisite Authority to Conduct Business; Certificate of Incorporation and By-Laws.

  • As a material inducement to the Company to enter into this Agreement and issue and sell the Sponsor Warrants to the Purchaser, the Purchaser hereby represents and warrants to the Company (which representations and warranties shall survive each Closing Date) that: A Organization and Requisite Authority.

  • The goal of this project was to study alley cropping systems, which concurrently produce a woody biomass feedstock and conventional agricultural crops.

  • An action or proceeding brought to enforce the terms of this Agreement is excepted from this covenant not to sue.2. Requisite Authority.

  • Necessity of Proving the Foreign Public Official had the Requisite Authority According to the Office of the PG, proving the foreign bribery offence necessitates proving an element that is not prescribed by the offence itself--that the bribe was intended for a foreign public official who has the “exact powers” to provide the act or omission that the briber intends to obtain.

  • This complete disregard of Mr. Holzer‘s title is an indication that the parties intended only for a representative with settlement authority to be present at the conciliation.3. Mr. Holzer Possessed the Requisite Authority to Settle at Conciliation.

Related to Requisite Authority

  • Corporate Authorities means the City Council of the City.

  • Appropriate Authority means any government or taxing authority.

  • State authority means the hospital finance authority created by this act.

  • Fire authority means the department, agency, or public entity with responsibility

  • Private Authorizations means all franchises, permits, licenses, approvals, consents and other authorizations of all Persons (other than Governmental Authorities).

  • Appropriate Authority(ies) means the U.S. State Department, the government authority(ies) in the Covered Person’s Home Country or Country of Residence or the government authority(ies) of the Host Country.

  • Lead Authority means the local authority appointed by the Parties under this agreement to lead on a particular function in accordance with Clause 12.

  • Road authority means each governmental agency with jurisdiction over public streets and highways. Road authority includes the department, any other state agency, and intergovernmental, county, city, and village governmental agencies responsible for the construction, repair, and maintenance of streets and highways. When a street railway operates or seeks to operate a street railway system over public streets and highways over which more than 1 road authority possesses jurisdiction, road authority includes each road authority with jurisdiction over public streets and highways upon which the street railway operates or seeks to operate a street railway system.

  • Appellate Authority means Committee of Directors consisting of Director (Finance) and Director (BD) for works centers under Director (Projects). For all other cases committee of Directors shall consist of Director (Finance) & Director (Projects).

  • prescribed authority means the authorities specified in Rule 12 of Plastic Waste Management and Handling Rules, 2016, and Commissioner, Municipal Corporations, Chief Executive Officer/Executive Officer, Urban Local Bodies ;

  • Applicable Authority means (a) with respect to SOFR, the SOFR Administrator or any Governmental Authority having jurisdiction over the Administrative Agent or the SOFR Administrator and (b) with respect to any Alternative Currency, the applicable administrator for the Relevant Rate for such Alternative Currency or any Governmental Authority having jurisdiction over the Administrative Agent or such administrator.

  • PURCHASE AUTHORITY means the officer signing the acceptance of tender and shall include any officer who has authority to execute the relevant contract on behalf of the purchaser.

  • Authorized Authority means, in relation to any Person, transaction or event, any (A) federal, provincial, municipal or local governmental body (whether administrative, legislative, executive or otherwise), both domestic and foreign, (B) agency, authority, commission, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government, (C) court, arbitrator, commission or body exercising judicial, quasi-judicial, administrative or similar functions, and (D) other body or entity created under the authority of or otherwise subject to the jurisdiction of any of the foregoing, including any stock or other securities exchange, in each case having jurisdiction over such Person, transaction or event; and

  • designated authority means such authority as may be notified by the Commissioner;

  • second authority means the authority to which a mover is liable to make payments for the new dwelling;

  • requested authority means a competent administrative authority which has been designated by a Party for this purpose and which receives a request for assistance on the basis of this Protocol;

  • Responsible Authority means any of the following: -

  • Administrative authority means the state or local official responsible for the administration and enforcement of this act.

  • Delegated Authority means any person or committee delegated with authority by the Municipality in terms of the provisions of the Municipal Finance Management Act.

  • Insurance Authority means the Insurance Authority of Hong Kong established pursuant to section 4AAA of the Insurance Ordinance.

  • Combined Authority means an authority established under section 103(1) of the Local Democracy, Economic Development and Construction Act 2009 or an authority to which a delegation of the Secretary of State’s functions has been made under section 39A of the Greater London Authority Act 1999;

  • Service Authorization means that Open Ecosystem Partner needs to meet specific qualification requirements for the products included in a “Service” Product Family that Open Ecosystem Partner wants to promote and offer Services for as set out in detail in the Open Ecosystem Program Guide.

  • Executive Authority means the executive committee or executive mayor of the Municipality or, if the Municipality does not have an executive committee or executive mayor, a committee of councillors appointed by the Municipal Council;

  • Sell Authorization means that Distributor needs to meet specific training and qualification requirements for each product included in an “On Premise” Product Family that Distributor wants to resell as set out in detail in the Distributor Program Guide and the applicable RSPI.

  • Control authority means either:

  • Compliance Authority means each and all of the (a) U.S. Treasury Department/Office of Foreign Assets Control, (b) U.S. Treasury Department/Financial Crimes Enforcement Network, (c) U.S. State Department/Directorate of Defense Trade Controls, (d) U.S. Commerce Department/Bureau of Industry and Security, (e) the U.S. Internal Revenue Service, (f) the U.S. Justice Department, and (g) the U.S. Securities and Exchange Commission.