Common use of AUTHORITY TO PERFORM Clause in Contracts

AUTHORITY TO PERFORM. Each of the parties to this Agreement hereby represents that it is duly authorized and empowered to execute, deliver and perform this Agreement and the transactions contemplated hereby, that such actions do not conflict with or violate any provision of law, regulation, or contract, deed of trust, agreement or other instrument to which it is a party or by which it is bound or to which it is subject and that no consent of any person or government regulatory agency to such person's performing its obligations under this Agreement is required which has not been obtained, and that this Agreement is a valid and binding obligation upon that party, enforceable in accordance with its terms.

Appears in 2 contracts

Samples: Pxre Group LTD, Pxre Group LTD

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AUTHORITY TO PERFORM. Each of the parties to this Agreement hereby represents that it is duly authorized and empowered to execute, deliver deliver, and perform this Agreement and the transactions contemplated hereby, that such actions do not conflict with or violate any provision of law, regulation, or contract, deed of trust, agreement agreement, or other instrument to which it is a party or by which it is bound or to which it is subject and that no consent of any person or government regulatory agency to such personparty's performing its obligations obligation under this Agreement is required which has not been obtained, and that this Agreement is a valid and binding obligation upon that party, enforceable in accordance with its terms.

Appears in 1 contract

Samples: Investment Management Agreement (Pxre Corp)

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AUTHORITY TO PERFORM. Each of the parties to this Agreement hereby represents that it is duly authorized and empowered to execute, deliver deliver, and perform this Agreement and the transactions contemplated hereby, that such actions do action does not conflict with or violate any provision of law, regulation, or contract, deed of trust, agreement agreement, or other instrument to which it is a party or by which it is bound or to which it is subject and that no consent of any person or government regulatory agency to such personparty's performing its obligations obligation under this Agreement is required which has not been obtained, and that this Agreement is a valid and binding obligation upon that party, enforceable in accordance with its terms.

Appears in 1 contract

Samples: Investment Management Agreement (PHL Variable Insurance Co /Ct/)

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