Corporate Power and Capacity. The Borrower and the Material Subsidiaries have the full corporate power and capacity to enter into and perform their obligations under each Loan Document to which they are a party, and to carry on their business or activities as currently conducted.
Corporate Power and Capacity. The Seller has the limited liability company power, authority and capacity to own or lease its property, including the Purchased Assets, and to carry on the Business as now being conducted by it.
Corporate Power and Capacity. It has the corporate power and capacity to enter into this Debenture and to perform its obligations thereunder.
Corporate Power and Capacity it has the full corporate power, capacity and authority to own or lease its properties, to carry on its businesses as presently conducted, to guarantee obligations and to perform all of its obligations hereunder. Without limiting the generality of the foregoing, there are no restrictions, limitations, conditions or constraints of any nature whatsoever (whether by Applicable Law, contract or otherwise) in respect of or adversely affecting the power, capacity and authority of the Guarantor to execute, deliver and perform all of its obligations under this Guarantee;
Corporate Power and Capacity. 2.1 NX has the corporate power and capacity to carry on business, to execute and deliver each of the Documents to which it is a party, and to perform its obligations thereunder.
Corporate Power and Capacity. The Corporation has the corporate power and capacity to own its assets and to carry on the Business as it is presently being carried on. The Corporation has the corporate power and capacity to enter into, deliver and perform its obligations under this Agreement, including, without limitation, the issuance and delivery of the Purchased Shares. Neither the nature of the Business nor the location or character of any of its Assets requires the Corporation to be registered, licensed or otherwise qualified as an out of province or foreign corporation or to be in good standing in any jurisdiction other than jurisdictions where it is duly registered, licensed or otherwise qualified and in good standing.
Corporate Power and Capacity. SMTC (Canada) has the corporate power and capacity to enter into and perform its obligations under the Third Amending Agreement.
Corporate Power and Capacity. Racino has full legal capacity and corporate power to enter into this Agreement and to take, perform or execute all proceedings, acts and instruments necessary or advisable to consummate the actions and transactions contemplated in this Agreement; all necessary corporate action has been taken, or will be taken prior to the Closing Date, by or on the part of Racino to authorize the execution and delivery of this Agreement, and the taking, performing or executing of such proceedings, acts and instruments as are necessary or advisable for consummating the actions and transactions contemplated in this Agreement and for fulfilling its obligations hereunder.
Corporate Power and Capacity. Purchaser has full legal capacity and corporate power to enter into this Agreement and to take, perform or execute all proceedings, acts and instruments necessary or advisable to consummate the transactions contemplated in this Agreement; all necessary corporate action has been taken or will be taken prior to the Closing Date to authorize the execution and delivery of this Agreement, and the taking or performing of such acts as are necessary or advisable for consummating the transactions contemplated in this Agreement and for fulfilling its obligations hereunder.
