Common use of Authority and Execution Clause in Contracts

Authority and Execution. It has full power, authority and legal right to execute and deliver, and to perform its obligations under, this Guaranty and has taken all necessary corporate, partnership or limited liability company, as the case may be, action to authorize the execution, delivery and performance of this Guaranty.

Appears in 81 contracts

Samples: Securities Purchase Agreement (Modtech Holdings Inc), Note Purchase Agreement (World Racing Group, Inc.), Securities Purchase Agreement (Modtech Holdings Inc)

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Authority and Execution. It has full power, authority and legal ------------------------- right to execute and deliver, and to perform its obligations under, this Guaranty and has taken all necessary corporate, partnership or limited liability company, as the case may be, action to authorize the execution, delivery and performance of this Guaranty.

Appears in 3 contracts

Samples: Guaranty (New Century Energy Corp.), Guaranty (Texhoma Energy Inc), Guaranty (New Century Energy Corp.)

Authority and Execution. It has full corporate power, authority and legal right to execute and deliver, and to perform its obligations under, this Guaranty and has taken all necessary corporate, partnership or limited liability company, as the case may be, action to authorize the execution, delivery and performance of this Guaranty.

Appears in 3 contracts

Samples: Subsidiary Guaranty (Axeda Systems Inc), Subsidiary Guaranty (Axeda Systems Inc), Subsidiary Guaranty (Axeda Systems Inc)

Authority and Execution. It has full power, authority and legal right to execute and deliver, and to perform its obligations under, this Amended and Restated Guaranty and has taken all necessary corporate, partnership or limited liability company, as the case may be, action to authorize the execution, delivery and performance of this Amended and Restated Guaranty.

Appears in 1 contract

Samples: Guaranty (Creative Vistas Inc)

Authority and Execution. It has full power, authority and legal right to execute and deliver, and to perform its obligations under, this Guaranty and has taken all necessary corporate, partnership or limited liability company, as the case may be, action to authorize the execution, delivery and performance of this Guaranty.

Appears in 1 contract

Samples: Subsidiary Guaranty (Pacific Biometrics Inc)

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Authority and Execution. It has full power, authority and ------------------------- legal right to execute and deliver, and to perform its obligations under, this Guaranty and has taken all necessary corporate, partnership or limited liability company, as the case may be, action to authorize the execution, delivery and performance of this Guaranty.

Appears in 1 contract

Samples: Subsidiary Guaranty (Sequiam Corp)

Authority and Execution. It has full power, authority and legal right to execute and deliver, and to perform its obligations under, this Limited Guaranty and has taken all necessary corporate, partnership or limited liability company, as the case may be, action to authorize the execution, delivery and performance of this Limited Guaranty.

Appears in 1 contract

Samples: Limited Guaranty (Biovest International Inc)

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