Authority; Power Sample Clauses
Authority; Power. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly and validly authorized by all necessary partnership action on the part of Tax Exempt III. Tax Exempt III has the requisite partnership power and authority to enter into, deliver and, perform this Agreement and any other agreements and instruments contemplated hereby. This Agreement constitutes a legal, valid and binding obligation of Tax Exempt III enforceable against it in accordance with its terms, except as such enforceability may be limited by (i) bankruptcy, reorganization, insolvency, moratorium or other similar laws affecting creditor's rights generally, (ii) the power of a court to grant specific performance or any other remedy, and (iii) the application of general principles of equity.
Authority; Power. The Manager has all requisite power and authority to execute and deliver this Agreement and the Related Agreements to which the Manager is, or will be at Closing, a party and to perform its obligations hereunder and thereunder.
Authority; Power. Owner confirms that he/she/they have full power and authority to hire ▇▇▇▇▇ Street and have the right to receive income proceeds from the Premises and that this power, authority, and right have not been assigned, or transferred to others.
Authority; Power. 21 Section 3.4 .....................................................................................23 (a) Organization and Good Standing.......................................................23 (b)
Authority; Power. The PDA shall have the power and authority to engage in such activities and to exercise such powers permitted to port development authorities, including authority to perform any lawful public purpose or public function related to maritime activities of the Homeports that created this PDA, under the laws of the State of Washington, and all subject to the limitations provided in the Port Development Authority Act, provided however, the PDA shall not have authority to issue debt or to own real property.
Authority; Power. The execution and delivery of this Agreement by DSLT has been authorized by all necessary corporate action on the part of DSLT. DSLT has the requisite corporate power and authority to execute and deliver this Agreement, to consummate the Merger (subject to shareholder approval as contemplated hereby) and to take any and all other actions required to be taken by it pursuant to the provisions of this Agreement. This Agreement constitutes the legal, valid, and binding obligation of DSLT, enforceable against DSLT in accordance with its terms, except as the enforcement hereof may be limited by bankruptcy, insolvency, moratorium, or other laws relating to or limiting creditors' rights generally or by general principles of equity, regardless of whether such enforceability is considered in a proceeding at law or in equity.
Authority; Power. The engagement contemplated by Section 1 includes the authorization of the Manager to act on behalf of the Association and the Board of Directors of the Association (the “Board”) in any and all matters affecting the management of the Association and the Common Area, subject to the provisions of (i) this Agreement, (ii) the Association’s Articles of Incorporation; Bylaws; and Declaration of Covenants, Conditions and Restrictions, in the version most recently received by Manager (including any other documents of similar import, the “Organizational Documents”), (iii) any applicable laws and
Authority; Power. The execution and delivery of this Agreement and the Other Documents and the consummation of the transactions contemplated hereby and thereby have been duly and validly authorized by all necessary action on the part of CharterMac. CharterMac has the requisite power and authority to enter into, deliver and perform this Agreement and the Other Documents. Upon their execution and delivery, this Agreement and the Other Documents will be legal, valid and binding obligations of CharterMac, enforceable against CharterMac in accordance with their respective terms, except as such enforceability may be limited by bankruptcy, reorganization, insolvency, moratorium or other laws relating to or affecting creditors' rights generally.
Authority; Power. The execution and delivery of this Agreement by each of Parent and Sub has been authorized by all necessary corporate action on the part of Parent and Sub. Each of Parent and Sub has the requisite corporate power and authority to execute and deliver this Agreement, to consummate the Merger (subject to shareholder approval as contemplated hereby) and to take any and all other actions required to be taken by it pursuant to the provisions of this Agreement. This Agreement constitutes the legal, valid, and binding obligation of each of Parent and Sub, enforceable against each of them in accordance with its terms, except as the enforcement hereof may be limited by bankruptcy, insolvency, moratorium, or other laws relating to or limiting creditors' rights generally or by general principles of equity, regardless of whether such enforceability is considered in a proceeding at law or in equity.
Authority; Power. Buyer and the Guarantors, have all requisite capacity, power and authority to enter into this Agreement and to perform all of their obligations hereunder. This Agreement constitutes the legal, valid and binding obligation of Buyer and its Guarantors, enforceable against them in accordance with its terms, except as such enforceability may be limited by laws governing bankruptcy, insolvency and creditors’ rights generally.