Common use of Authority and Power Clause in Contracts

Authority and Power. Seller has the requisite power and authority to enter into each of the Transaction Documents to which it is or will be a party, to consummate each of the transactions and undertakings contemplated thereby, and to perform all of the terms and conditions thereof to be performed by Seller. The execution, delivery and performance of each of the Transaction Documents to which Seller is or will be a party and the consummation of each of the transactions and undertakings contemplated thereby have been duly authorized through all requisite actions by Seller.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (NRG Yield, Inc.), Purchase and Sale Agreement

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Authority and Power. Seller has the requisite power and authority to enter into each of the Transaction Documents to which it is or will be a party, to consummate each of the transactions and undertakings contemplated thereby, and to perform all of the terms and conditions thereof to be performed by Seller. The execution, delivery and performance of each of the Transaction Documents to which Seller is or will be a party and the consummation of each of the transactions and undertakings contemplated thereby have been duly authorized through by all requisite actions by Selleraction on the part of Seller under its Charter Documents.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Dayton Power & Light Co), Purchase and Sale Agreement (Dayton Power & Light Co)

Authority and Power. Each Seller has the requisite limited partnership power and authority to enter into each of the Transaction Documents to which it is or will be a party, to consummate each of the transactions and undertakings contemplated thereby, and to perform all of the terms and conditions thereof to be performed by Sellerit. The execution, delivery and performance of each of the Transaction Documents to which each Seller is or will be a party and the consummation of each of the transactions and undertakings contemplated thereby have been duly authorized through by all requisite actions by Sellerlimited partnership action on the part of such Seller under its respective Charter Documents.

Appears in 1 contract

Samples: Asset Purchase Agreement (Hawaiian Electric Co Inc)

Authority and Power. Such Seller has the requisite corporate power and authority to enter into each of the Transaction Documents to which it is or will be a partyparty (the “Seller Transaction Documents”), to consummate each of the transactions and undertakings contemplated thereby, and to perform all of the terms and conditions thereof to be performed by such Seller. The execution, delivery and performance of each of the Seller Transaction Documents to which Seller is or will be a party Document and the consummation of each of the transactions and undertakings contemplated thereby have been duly authorized through by all requisite actions by Sellercorporate action on the part of such Seller under its Charter Documents.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Trxade Group, Inc.)

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Authority and Power. Seller has the requisite power and authority to enter into each of the Transaction Documents to which it is or will be a party, to consummate each of the transactions and undertakings contemplated thereby, and to perform all of the terms and conditions thereof to be performed by Sellerit. The execution, delivery and performance of each of the Transaction Documents to which Seller is or will be a party and the consummation of each of the transactions and undertakings contemplated thereby have been duly authorized through by all requisite actions by action on the part of Seller.

Appears in 1 contract

Samples: Agreement (Calpine Corp)

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