Common use of Authority; Binding Obligations Clause in Contracts

Authority; Binding Obligations. The execution and delivery of this Agreement by Seller and all agreements and documents contemplated hereby to be executed by Seller, and the consummation by Seller of the transactions contemplated hereby, have been duly authorized by all required Persons and no other actions on the part of Seller are required to authorize this Agreement, the agreements and documents contemplated hereby to be executed by Seller, and the transactions contemplated hereby and thereby. This Agreement, and all documents and instruments contemplated hereby, constitute legal, valid and binding obligations of Seller, enforceable against Seller in accordance with their respective terms, subject to all applicable bankruptcy and other similar laws of general application with respect to creditors.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Magnum Hunter Resources Corp)

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Authority; Binding Obligations. The execution and delivery of this Agreement by Seller and all agreements and documents contemplated hereby to be executed by Seller, and the consummation by Seller of the transactions contemplated hereby, have been duly authorized by all required Persons persons and no other actions on the part of Seller are required to authorize this Agreement, the agreements and documents contemplated hereby to be executed by Seller, Agreement and the transactions contemplated hereby and therebyhereby. This Agreement, and all documents and instruments contemplated hereby, constitute legal, valid and binding obligations of Seller, enforceable against Seller in accordance with their respective terms, subject to all applicable bankruptcy and other similar laws of general application with respect to creditors.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Mid-Con Energy Partners, LP)

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Authority; Binding Obligations. The execution and delivery of this Agreement by Seller and all agreements and documents contemplated hereby to be executed by Seller, and the consummation by Seller of the transactions contemplated herebyhereby and thereby, have been duly authorized by all required Persons and no other actions on the part of Seller are required to authorize this Agreement, the agreements and documents contemplated hereby to be executed by Seller, Agreement and the transactions contemplated hereby and therebyhereby. This Agreement, and all documents and instruments contemplated hereby, constitute legal, valid and binding obligations of Seller, enforceable against Seller in accordance with their respective terms, subject to all applicable bankruptcy and other similar laws of general application with respect to creditors.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Uranium Resources Inc /De/), Purchase and Sale Agreement (Samson Holdings, Inc.)

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