Common use of Authority; No Violation; Consents and Approvals Clause in Contracts

Authority; No Violation; Consents and Approvals. (a) The Company has all requisite power and authority (corporate or otherwise) to enter into this Agreement and each Transaction Document to which it is a party and to carry out its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby. The execution, delivery and performance by the Company of this Agreement and each Transaction Document to which the Company is a party and the consummation by it of the transactions contemplated hereby and thereby, have been duly authorized by all requisite action on the part of the Company, and no other corporate, company, shareholder, partnership or similar proceeding on the part of the Company or any Affiliate thereof is necessary to consummate the transactions contemplated by this Agreement and each Transaction Document to which the Company is a party.

Appears in 7 contracts

Samples: LLC Interest Transfer Agreement, LLC Interest Transfer Agreement, LLC Interest Transfer Agreement

AutoNDA by SimpleDocs

Authority; No Violation; Consents and Approvals. (a) The Company Each of the Xxxxx Parties has all requisite power and authority (corporate or otherwise) to enter into this Agreement and each Transaction Document to which it is and, if a party thereto, the Transaction Documents, and to carry out its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby. The execution, delivery and performance by each of the Company Xxxxx Parties of this Agreement and each of the Transaction Document Documents to which the Company it is a party party, and the consummation by it of the transactions contemplated hereby and thereby, have been duly authorized by all requisite action on the part of the CompanyXxxxx Parties, and no other corporate, company, shareholder, partnership or similar proceeding on the part of the Company Xxxxx Parties or any Affiliate thereof is necessary to consummate the transactions contemplated by this Agreement and each the Transaction Document to which the Company is a partyDocuments.

Appears in 1 contract

Samples: Contribution, Purchase and Sale Agreement (NGL Energy Partners LP)

AutoNDA by SimpleDocs

Authority; No Violation; Consents and Approvals. (a) The Each Company has all requisite power and authority (corporate or otherwise) to enter into this Agreement and each Transaction Document to which it is a party and to carry out its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby. The execution, delivery and performance by the each Company of this Agreement and each Transaction Document to which the such Company is a party and the consummation by it of the transactions contemplated hereby and thereby, have been duly authorized by all requisite action on the part of the such Company, and no other corporate, company, shareholder, partnership or similar proceeding on the part of the such Company or any Affiliate thereof is necessary to consummate the transactions contemplated by this Agreement and each Transaction Document to which the such Company is a party.

Appears in 1 contract

Samples: Interest Transfer Agreement (NGL Energy Partners LP)

Time is Money Join Law Insider Premium to draft better contracts faster.