Common use of Power and Authorization Clause in Contracts

Power and Authorization. The Holder is duly organized, validly existing and in good standing, and has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder, and to consummate the Exchange contemplated hereby. If the Undersigned is executing this Agreement on behalf of Accounts, (a) the Undersigned has all requisite discretionary and contractual authority to enter into this Agreement on behalf of, and bind, each Account, and (b) Exhibit A hereto is a true, correct and complete list of (i) the name of each Account, (ii) the principal amount of such Account’s Exchanged Notes, (iii) the principal amount of Holders’ New Notes to be issued to such Account in respect of its Exchanged Notes, and (iv) the portion of the Cash Payment to be made to such Account in respect of the accrued interest on its Exchanged Notes.

Appears in 6 contracts

Samples: Exchange Agreement (Janus Capital Group Inc), Exchange Agreement (Telecommunication Systems Inc /Fa/), Exchange Agreement (Hologic Inc)

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Power and Authorization. The Holder is duly organized, validly existing and in good standing, and has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder, and to consummate the Exchange contemplated hereby. If the Undersigned is executing this Agreement on behalf of Accounts, (a) the Undersigned has all requisite discretionary and contractual authority to enter into this Agreement on behalf of, and bind, each Account, and (b) Exhibit A hereto is a true, correct and complete list of (i) the name of each Account, (ii) the principal amount of such Account’s Exchanged Notes, (iii) the principal amount number of Holders’ New Notes Shares to be issued to such Account in respect of its Exchanged Notes, and (iv) the portion portions of the Cash Payment to be made paid to such Account in respect of the accrued interest on its Exchanged NotesAccount.

Appears in 2 contracts

Samples: Form of Exchange Agreement (Exelixis, Inc.), Form of Exchange Agreement (Exelixis, Inc.)

Power and Authorization. The Holder is duly organized, validly existing and in good standing, and has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder, and to consummate the Exchange contemplated hereby. If the Undersigned is executing this Agreement on behalf of Accounts, (a) the Undersigned has all requisite discretionary and contractual authority to enter into this Agreement on behalf of, and bind, each Account, and (b) Exhibit A hereto is a true, correct and complete list of (i) the name of each Account, (ii) the principal amount of such Account’s Exchanged Notes, (iii) the principal amount of Holders’ New Notes to be issued to such Account in respect of its Exchanged Notes, and (iv) the portion of the Cash Interest Payment to be made to such Account in respect of the accrued interest on its Exchanged Notes.

Appears in 2 contracts

Samples: Indenture (James River Coal CO), Exchange Agreement (James River Coal CO)

Power and Authorization. The Holder is duly organized, validly existing and in good standing, and has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder, and to consummate the Exchange contemplated hereby. If the Undersigned is executing this Agreement on behalf of Accounts, (a) the Undersigned has all requisite discretionary and contractual authority to enter into this Agreement on behalf of, and bind, each Account, and (b) Exhibit A hereto is a true, correct and complete list of (i) the name of each Account, (ii) the principal amount of such Account’s Exchanged Notes, Securities and (iii) the principal amount number of Holders’ New Notes Shares to be issued to such Account in respect of its Exchanged Notes, and (iv) the portion of the Cash Payment to be made to such Account in respect of the accrued interest on its Exchanged NotesSecurities.

Appears in 2 contracts

Samples: Exchange Agreement (Synergy Pharmaceuticals, Inc.), Exchange Agreement (Synergy Pharmaceuticals, Inc.)

Power and Authorization. The Each Holder is duly organized, validly existing and in good standing, and has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder, and to consummate the Exchange contemplated hereby. If the Undersigned is executing this Agreement on behalf of Accounts, (a) the Undersigned has all requisite discretionary and contractual authority to enter into this Agreement on behalf of, and bind, each Account, and (b) Exhibit A hereto is a true, correct and complete list of (i) the name of each Account, (ii) the principal amount of such Account’s Exchanged Notes, (iii) the principal amount number of Holders’ New Notes Shares to be issued to such Account in respect of its Exchanged Notes, and (iv) the portion portions of the Cash Payment to be made paid to such Account in respect of the accrued interest on its Exchanged NotesAccount.

Appears in 1 contract

Samples: Exchange Agreement (Iconix Brand Group, Inc.)

Power and Authorization. The Holder is duly organized, validly existing and in good standing, and has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder, and to consummate the Exchange contemplated hereby. If the Undersigned is executing this Agreement on behalf of Accounts, (a) the Undersigned has all requisite discretionary and contractual authority to enter into this Agreement on behalf of, and bind, each such Account, and (b) Exhibit A hereto is a true, correct and complete list of (i) the name of each Account, (ii) the principal amount of such Account’s Exchanged Notes, (iii) the principal amount number of Holders’ New Notes Shares to be issued to such Account in respect of its Exchanged Notes, and (iv) the portion of the Cash Payment to be made paid to such Account in respect of the accrued interest on its Exchanged Notes.

Appears in 1 contract

Samples: Exchange Agreement (Forest City Enterprises Inc)

Power and Authorization. The Holder is duly organized, validly existing and in good standing, and has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder, and to consummate the Exchange contemplated hereby. If the Undersigned is executing this Agreement on behalf of Accounts, (a) the Undersigned has all requisite discretionary and contractual authority to enter into this Agreement on behalf of, and bind, each Account, and (b) Exhibit A hereto is a true, correct and complete list of (i) the name of each Account, (ii) the principal amount of such Account’s Exchanged Notes, (iii) the principal amount number of Holders’ New Notes Shares to be issued to such Account in respect of its Exchanged Notes, and (iv) the portion of the Cash Payment to be made paid to such Account in respect of as the aggregate accrued interest on and additional consideration for its Exchanged Notes.

Appears in 1 contract

Samples: Exchange Agreement (PDL Biopharma, Inc.)

Power and Authorization. The Each Holder is duly organized, validly existing and in good standing, and has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder, and to consummate the Exchange contemplated hereby. If the Undersigned is executing this Agreement on behalf of Accounts, (a) the Undersigned has all requisite discretionary and contractual authority to enter into this Agreement on behalf of, and bind, each Account, and (b) Exhibit A hereto is a true, correct and complete list of (i) the name of each Account, Account (ii) the principal amount of such Account’s Exchanged Notes, Notes and (iii) the principal amount number of Holders’ New Notes shares of Common Stock and cash to be issued to and exchanged for such Account in respect of its Account’s Exchanged Notes, Notes and (ivc) the portion of the Cash Payment to be made to such Account in respect of the accrued interest Holder’s Short Position set forth on its Exchanged NotesExhibit B is true and correct.

Appears in 1 contract

Samples: Exchange Agreement (Marathon Digital Holdings, Inc.)

Power and Authorization. The Holder is duly organized, validly existing and in good standing, and has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder, and to consummate the Exchange contemplated hereby. If the Undersigned is executing this Agreement on behalf of Accounts, (a) the Undersigned has all requisite discretionary and contractual authority to enter into this Agreement on behalf of, and bind, each Account, and (b) Exhibit A hereto is a true, correct and complete list of (i) the name of each Account, (ii) the principal amount of such Account’s Exchanged Notes, (iii) the principal amount of Holders’ New 2021 Notes to be issued to such Account in respect of its Exchanged Notes, and (iv) the portion of the Cash Payment to be made to such Account in respect of the accrued interest on its Exchanged Notes.

Appears in 1 contract

Samples: Exchange Agreement (Builders FirstSource, Inc.)

Power and Authorization. The Holder is duly organized, validly existing and in good standing, and has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder, and to consummate the Exchange contemplated hereby. If the Undersigned is executing this Agreement on behalf of Accounts, (a) the Undersigned has all requisite discretionary and contractual authority to enter into this Agreement on behalf of, and bind, each Account, and (b) Exhibit A hereto is a true, correct and complete list of (i) the name of each Account, (ii) the principal amount of such Account’s Exchanged NotesDebentures, and (iii) the principal amount of Holders’ New Notes Debentures to be issued to such Account in respect of its Exchanged Notes, and (iv) the portion of the Cash Payment to be made to such Account in respect of the accrued interest on its Exchanged NotesDebentures.

Appears in 1 contract

Samples: Exchange Agreement (School Specialty Inc)

Power and Authorization. The Each of the Undersigned and the Holder is duly organized, validly existing and in good standing, and has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder, and to consummate the Exchange contemplated hereby. If the Undersigned is executing this Agreement on behalf of Accounts, (a) the Undersigned has all requisite discretionary and contractual authority to enter into this Agreement on behalf of, and bind, each Account, and (b) Exhibit A hereto is a true, correct and complete list of (i) the name of each Account, (ii) the principal amount of such Account’s Exchanged Notes, and (iii) the principal amount of Holders’ New Notes to be issued to such Account in respect of its Exchanged Notes, and (iv) the portion of the Cash Payment to be made to such Account in respect of the accrued interest on its Exchanged Notes.

Appears in 1 contract

Samples: Exchange Agreement (Omnicare Inc)

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Power and Authorization. The Holder is duly organized, validly existing and in good standing, and has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder, and to consummate the Exchange contemplated hereby. If the Undersigned is executing * Cash will be paid in lieu of a fractional share at a price per share agreed upon by the parties. this Agreement on behalf of Accounts, (a) the Undersigned has all requisite discretionary and contractual authority to enter into this Agreement on behalf of, and bind, each such Account, and (b) Exhibit A hereto is a true, correct and complete list of (i) the name of each Account, (ii) the principal amount of such Account’s Exchanged Notes, (iii) the principal amount number of Holders’ New Notes Shares to be issued to such Account in respect of its Exchanged Notes, and (iv) the portion of the Cash Payment to be made paid to such Account in respect of the accrued interest on its Exchanged Notes.

Appears in 1 contract

Samples: Exchange Agreement (Forest City Enterprises Inc)

Power and Authorization. The Holder is duly organized, validly existing and in good standing, and has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder, and to consummate the Exchange contemplated hereby. If the Undersigned is executing this Agreement on behalf of Accounts, (a) the Undersigned has all requisite discretionary and contractual authority to enter into this Agreement on behalf of, and bind, each Account, and (b) Exhibit A hereto is a true, correct and complete list of (i) the name of each Account, (ii) the principal amount of such Account’s Exchanged Notes, and (iii) the principal amount of Holders’ New Notes to be issued to such Account in respect of its Exchanged Notes, and (iv) the portion of the Cash Payment to be made to such Account in respect of the accrued interest on its Exchanged Notes.

Appears in 1 contract

Samples: Exchange Agreement (PDL Biopharma, Inc.)

Power and Authorization. The Holder is duly organized, validly existing and in good standing, and has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder, and to consummate the Exchange contemplated hereby. If the Undersigned is executing this Agreement on behalf of Accounts, (a) the Undersigned has all requisite discretionary and contractual authority to enter into this Agreement on behalf of, and bind, each Account, and (b) Exhibit A hereto is a true, correct and complete list of (i) the name of each Account, (ii) the principal amount of such Account’s 's Exchanged Notes, (iii) the principal amount of Holders' New Notes to be issued to such Account in respect of its Exchanged Notes, and (iv) the portion of the Cash Interest Payment to be made to such Account in respect of the accrued interest on its Exchanged NotesAccount.

Appears in 1 contract

Samples: Exchange Agreement (Omnicare Inc)

Power and Authorization. The Holder is duly organized, validly existing and in good standing, and has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder, and to consummate the Exchange contemplated hereby. If the Undersigned is executing this Agreement on behalf of Accounts, (a) the Undersigned has all requisite discretionary and contractual authority to enter into this Agreement on behalf of, and bind, each Account, and (b) Exhibit A hereto is a true, correct and complete list of (i) the name of each Account, (ii) the principal amount of such Account’s Exchanged Notes, (iii) the principal amount of Holders’ New Notes to be issued to such Account in respect of its Exchanged Notes, and (iv) the portion amount of the Cash Payment cash payment to be made to such Account in respect of the accrued interest on its Exchanged Notes.

Appears in 1 contract

Samples: Exchange Agreement (Hologic Inc)

Power and Authorization. The Holder is duly organized, validly existing and in good standing, and has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder, and to consummate the Exchange contemplated hereby. If the Undersigned is executing this Agreement on behalf of Accounts, (a) the Undersigned has all requisite discretionary and contractual authority to enter into this Agreement on behalf of, and bind, each Account, and (b) Exhibit A hereto is a true, correct and complete list of (i) the name of each Account, (ii) the principal amount of such Account’s Exchanged NotesDebentures, (iii) the principal amount of Holders’ New Notes Debentures to be issued to such Account in respect of its Exchanged NotesDebentures, and (iv) the portion of the Cash Payment to be made to such Account in respect of the accrued interest on its Exchanged NotesDebentures.

Appears in 1 contract

Samples: Exchange Agreement (School Specialty Inc)

Power and Authorization. The Each Holder is duly organized, validly existing and in good standing, and has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder, and to consummate the Exchange contemplated hereby. If the Undersigned is executing this Agreement on behalf of Accounts, (a) the Undersigned has all requisite discretionary and contractual authority to enter into this Agreement on behalf of, and bind, each Account, and (b) Exhibit A hereto is a true, correct and complete list of (i) the name of each Account, (ii) the principal amount of such Account’s Exchanged Notes, Notes and (iii) the principal amount of Holders’ New Notes to be issued to such Account in respect of its Exchanged Notes, and (iv) the portion portions of the Cash Payment to be made paid to such Account in respect of and (c) the accrued interest Holder’s Short Position set forth on its Exchanged NotesExhibit B is true and correct.

Appears in 1 contract

Samples: Exchange Agreement (Iconix Brand Group, Inc.)

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