Partnership Power. Each of the Purchasers has all requisite limited partnership power and authority to enter into and deliver this Agreement and the Registration Rights Agreement, and to perform its obligations hereunder and thereunder.
Partnership Power. AUTHORIZATION, ENFORCEABLE OBLIGATIONS Guarantor has the partnership power, authority and legal right to execute, deliver and perform this Guaranty and all obligations required hereunder and has taken all necessary partnership action to authorize its Guaranty hereunder on the terms and conditions hereof and its execution, delivery and performance of this Guaranty and all obligations required hereunder. No consent of any other Person including, without limitation, partners and creditors of Guarantor, and no license, permit, approval or authorization of, exemption by, notice or report to, or registration, filing or declaration with, any governmental authority is required by Guarantor in connection with this Guaranty or the execution, delivery, performance, validity or enforceability of this Guaranty and all obligations required hereunder. This Guaranty has been, and each instrument or document required hereunder
Partnership Power. AUTHORIZATION, ENFORCEABLE OBLIGATIONS Guarantor has the partnership power, authority and legal right to execute, deliver and perform this Guaranty and all obligations required hereunder and has taken all necessary partnership action to authorize its Guaranty hereunder on the terms and conditions hereof and its execution, delivery and performance of this Guaranty and all obligations required hereunder. No consent of any other Person including, without limitation, partners and creditors of Guarantor, and no license, permit, approval or authorization of, exemption by, notice or report to, or registration, filing or declaration with, any governmental authority is required by Guarantor in connection with this Guaranty or the execution, delivery, performance, validity or enforceability of this Guaranty and all obligations required hereunder. This Guaranty has been, and each instrument or document required hereunder will be, executed and delivered by a duly authorized officer of the Huntway Division of Reprise Holdings, Inc., the sole general partner of Guarantor, and this Guaranty constitutes, and each instrument or document required hereunder when executed and delivered hereunder will constitute, the legally valid and binding obligation of Guarantor enforceable against Guarantor in accordance with its terms.
Partnership Power. Seller has all requisite legal and partnership power and authority to execute and deliver this Agreement and to perform its obligations under this Agreement.
Partnership Power. The execution, delivery, and performance by Brazos of this Facilities Lease and the consummation of the transactions contemplated hereby are within Brazos's partnership powers, have been duly authorized by all necessary partnership action, do not contravene Brazos's agreement of limited partnership or any law or any contractual restriction binding on or affecting Brazos, and will not result in or require the creation or imposition of any lien not contemplated by this Facilities Lease or the Credit Agreement.
Partnership Power the Partnership has full partnership power and capacity to own its properties and assets and conduct its business as presently conducted;
Partnership Power. The Purchaser will have at the Closing all requisite power and authority (i) to execute and deliver this Stock Purchase Agreement and each other document executed in connection herewith, (ii) to purchase the Shares, and (iii) to carry out and perform its obligations under the terms of this Stock Purchase Agreement.
Partnership Power. The general partner of the Guarantor has all necessary power and authority to enter into and perform the obligations of the Guarantor under this Guarantee, to own and operate its properties and to carry on its business as now conducted or as herein contemplated.
Partnership Power. The general partner of the Debtor has all necessary power and authority to enter into and perform the obligations of the Debtor under this Agreement, to own and operate its properties and to carry on its business as now conducted or as herein contemplated.
Partnership Power. CAL Properties has all requisite partnership ----------------- power and authority to own, operate and lease its properties, to carry on its business as and where such is now being conducted, to enter into this Agreement and the other documents and instruments to be executed and delivered by CAL Properties pursuant hereto and to carry out the transactions contemplated hereby and thereby.
