Authority and Power. The Buyer has, and at all times during the term of this Agreement shall have, all requisite corporate power and authority to conduct its business, to execute and deliver this Agreement and all documents and transactions contemplated hereunder and to perform all of its obligations under this Agreement and any other Transaction Document to which it is a party or under the transactions contemplated hereunder or thereunder.
Appears in 2 contracts
Samples: Loan Sale and Servicing Agreement (Bluegreen Corp), Loan Sale and Servicing Agreement (Bluegreen Corp)
Authority and Power. The Buyer has, and at all times during the term of this Agreement shall will have, all requisite corporate power and authority to conduct its business, to execute and deliver this Agreement and all documents and transactions contemplated hereunder and to perform all of its obligations under this Agreement and any other Transaction Document to which it is a party or under the transactions contemplated hereunder or thereunder.
Appears in 2 contracts
Samples: Loan Sale and Servicing Agreement (Diamond Resorts Parent, LLC), Loan Sale and Servicing Agreement (Diamond Resorts Parent, LLC)
Authority and Power. The Buyer has, has the authority and at all times during the term of this Agreement shall have, all requisite corporate power and authority to conduct carry on its businessbusiness as presently conducted, to execute and deliver enter into this Agreement and all documents and transactions contemplated hereunder and to perform all of its obligations under this Agreement and any other Transaction Document to which it is a party or under the transactions contemplated hereunder or thereunderhereby.
Appears in 1 contract
Samples: Purchase and Sale Agreement (McMoran Exploration Co /De/)
Authority and Power. The Buyer has, and at all times during the term of this Agreement shall will have, all requisite corporate power and authority to conduct LOAN SALE & SERVICING AGREEMENT its business, to execute and deliver this Agreement and all documents and transactions contemplated hereunder and to perform all of its obligations under this Agreement and any other Transaction Document to which it is a party or under the transactions contemplated hereunder or thereunder.
Appears in 1 contract
Samples: Loan Sale and Servicing Agreement (Diamond Resorts Corp)
Authority and Power. The Buyer has, and at all times during has the term of this Agreement shall have, all requisite corporate or other organizational power and authority to conduct its businessenter into this Agreement, consummate each of the transactions contemplated hereby, and perform all the terms and conditions thereof to execute be performed by it. The execution, delivery and deliver performance of this Agreement and all documents and transactions contemplated hereunder and to perform all the consummation of its obligations under this Agreement and any other Transaction Document to which it is a party or under each of the transactions contemplated hereunder hereby have been duly authorized by all requisite corporate or thereunderother organizational action on the part of Buyer under its Charter Documents.
Appears in 1 contract
Samples: Membership Interest Purchase and Sale Agreement (Sunpower Corp)