Power and Authority; Due Authorization. The Issuing Entity (i) has the power and authority to (A) execute and deliver this Agreement and the other Transaction Documents to which it is a party and (B) carry out the terms of this Agreement and the other Transaction Documents to which it is a party and (ii) has duly authorized by all necessary action on its part the execution, delivery and performance of this Agreement and the other Transaction Documents to which it is a party.
Appears in 53 contracts
Samples: Receivables Contribution Agreement (Carvana Auto Receivables Trust 2022-P3), Receivables Contribution Agreement (Carvana Auto Receivables Trust 2022-P3), Receivables Transfer Agreement (Carvana Auto Receivables Trust 2022-P2)
Power and Authority; Due Authorization. The Issuing Entity It (i) has the all necessary power and authority to (A) execute and deliver this Agreement and the other Transaction Documents to which it is a party in any capacity and (B) carry out perform its obligations under the terms of this Agreement and the other Transaction Documents applicable to which it is a party and (ii) has duly authorized by all necessary limited liability company action on its part the execution, delivery delivery, and performance of this Agreement and the other Transaction Documents to which it is a party.
Appears in 6 contracts
Samples: Receivables Financing Agreement (ADT Inc.), Receivables Financing Agreement (ADT Inc.), Receivables Financing Agreement (ADT Inc.)
Power and Authority; Due Authorization. The Issuing Entity (iA) has the power and authority to (A1) execute and deliver this Agreement and the other Transaction Documents to which it is a party and (B2) carry out the terms of this Agreement and the other Transaction Documents to which it is a party party, and (iiB) has duly authorized by all necessary action on its part the execution, delivery and performance of this Agreement and the other Transaction Documents to which it is a party.
Appears in 2 contracts
Samples: Receivables Transfer Agreement (Carvana Auto Receivables Trust 2022-P3), Receivables Transfer Agreement (Carvana Auto Receivables Trust 2022-P3)
