Requisite Authority definition

Requisite Authority. Purchaser has: (i) all requisite power and authority to enter into this Agreement and to perform its obligations under this Agreement; and (ii) taken all corporate and partnership action necessary to authorize the purchase of the Assets in accordance with this Agreement; (c)

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Requisite Authority. Any decision, act, or thing which the Authority or the Contractor is required or authorised to take or do under this Framework Agreement may be taken or done only by person(s) authorised by the Authority or the Contractor to take or do that decision, act, or thing on behalf of the Authority or the Contractor.

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;

Examples of Requisite Authority in a sentence

• EACH LENDER HEREBY GRANTS TO THE ADMINISTRATIVE AGENT ALL REQUISITE AUTHORITY TO ENTER INTO OR OTHERWISE BECOME BOUND BY THE SENIOR LENDERS INTERCREDITOR AGREEMENT AND TO BIND THE LENDERS THERETO BY THE ADMINISTRATIVE AGENT'S ENTERING INTO OR OTHERWISE BECOMING BOUND THEREBY, AND NO FURTHER CONSENT OR APPROVAL ON THE PART OF THE LENDERS IS OR WILL BE REQUIRED IN CONNECTION WITH THE PERFORMANCE OF THE SENIOR LENDERS INTERCREDITOR AGREEMENT.

• BY CHECKING THE “I HAVE READ AND ACCEPT THE TERMS OF ADDENDUM” CHECKBOX DISPLAYED BELOW ON BEHALF OF YOUR COMPANY OR OTHER LEGAL ENTITY, YOU REPRESENT THAT YOU HAVE THE REQUISITE AUTHORITY TO BIND SUCH ENTITY TO THIS CLOUD SERVICES ADDENDUM IN WHICH CASE THE TERMS “CSR”, “YOU” OR “YOUR” SHALL REFER TO SUCH COMPANY OR LEGAL ENTITY.

• THIS CONTRACT MAY NOT BE MODIFIED EXCEPT BY A WRITTEN INSTRUMENT SIGNED ON BEHALF OF BOTH PARTIES BY THE REPRESENTATIVES WHO SIGN THIS CONTRACT OR THEIR SUCCESSORS IN TITLE AND HAVING REQUISITE AUTHORITY.

• IF YOU DO NOT HAVE THE REQUISITE AUTHORITY, YOU MAY NOT ACCEPT THE AGREEMENT OR USE THE LICENSED PRODUCTS ON BEHALF OF YOUR EMPLOYER OR OTHER ENTITY.

• EACH PARTY REPRESENTS AND WARRANTS THAT IT HAS ALL REQUISITE AUTHORITY TO ENTER INTO AND CARRY OUT ITS RESPONSIBILITIES UNDER THIS AGREEMENT.

• EACH LENDER HEREBY GRANTS TO THE ADMINISTRATIVE AGENT ALL REQUISITE AUTHORITY TO ENTER INTO OR OTHERWISE BECOME BOUND BY THE SENIOR SECURED NOTE INTERCREDITOR AGREEMENT AND TO BIND THE LENDERS THERETO BY THE ADMINISTRATIVE AGENT'S ENTERING INTO OR OTHERWISE BECOMING BOUND THEREBY, AND NO FURTHER CONSENT OR APPROVAL ON THE PART OF THE LENDERS IS OR WILL BE REQUIRED IN CONNECTION WITH THE PERFORMANCE OF THE SENIOR SECURED NOTE INTERCREDITOR AGREEMENT.

• FURTHERMORE, THE CUSTOMER REPRESENTATIVE ACCEPTING THIS ATTACHMENT REPRESENTS THAT S/HE POSSESSES THE REQUISITE AUTHORITY TO ACCEPT ON BEHALF OF CUSTOMER AND BIND CUSTOMER TO THE TERMS AND CONDITIONS CONTAINED HEREIN.

• EACH LENDER HEREBY GRANTS TO THE AGENT ALL REQUISITE AUTHORITY TO EXECUTE AND DELIVER THE INTERCREDITOR AGREEMENT (OR OTHERWISE TO BECOME BOUND THEREBY) AND TO BIND THE LENDERS THERETO BY THE AGENT'S EXECUTION AND DELIVERY THEREOF OR BY THE AGENT OTHERWISE BECOMING BOUND THEREBY, AND NO FURTHER CONSENT OR APPROVAL ON THE PART OF THE LENDERS IS OR WILL BE REQUIRED IN CONNECTION WITH THE EXECUTION, DELIVERY AND PERFORMANCE OF THE INTERCREDITOR AGREEMENT.

• THE BORROWER WARRANTS THAT IT IS AUTHORIZED TO ENTER INTO THIS SECURITY AGREEMENT WITH SECURED PARTY AND HAS REQUISITE AUTHORITY TO CONSUMMATE THE TRANSACTIONS CONTEMPLATED HEREIN.

• NOTWITHSTANDING ANYTHING HEREIN TO THE CONTRARY, THE TERMS AND CONDITIONS OF THIS AGREEMENT ARE SUBJECT TO ONE OR MORE ORDERS OF ANY STATE PUBLIC UTILITY COMMISSION HAVING JURISDICTION IN THE MATTERS CONTEMPLATED BY THIS AGREEMENT AUTHORIZING THE ASSIGNMENT OF THE OTC ASSETS PROVIDED FOR HEREIN AND THE ISSUANCE OF ANY REQUISITE AUTHORITY FOR THE SELLERS TO CEASE AND THE BUYER TO COMMENCE THE PROVISION OF PAGING SERVICE.