Common use of Authority Relative to the Agreement Clause in Contracts

Authority Relative to the Agreement. The Corporation has the power to enter into and carry out the obligations described in this Agreement. The Agreement and the transactions contemplated by it have been duly authorized by the Board of Directors and no other proceedings by the Corporation or the Acquiring Fund are necessary.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Axp Market Advantage Series Inc), Agreement and Plan of Reorganization (Axp Market Advantage Series Inc)

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Authority Relative to the Agreement. The Corporation has the power to enter into and carry out the obligations described in this Agreement. The Agreement and the transactions contemplated by it have been duly authorized by the Board of Directors and no other proceedings by the Corporation or the Acquiring Buying Fund are necessary.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Axp Growth Series Inc/Mn), Agreement and Plan of Reorganization (Axp Dimensions Series Inc)

Authority Relative to the Agreement. The Corporation has the power to enter into and to carry out the its obligations described in under this Agreement. The Agreement and the transactions contemplated by it have been duly authorized by the Board of Directors and no other proceedings by the Corporation or the Acquiring Acquired Fund are necessary.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Axp Market Advantage Series Inc), Agreement and Plan of Reorganization (Axp Market Advantage Series Inc)

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Authority Relative to the Agreement. The Corporation has the power to enter into and to carry out the its obligations described in under this Agreement. The Agreement and the transactions contemplated by it have been duly authorized by the Board of Directors and no other proceedings by the Corporation or the Acquiring Selling Fund are necessary.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Axp Growth Series Inc/Mn), Agreement and Plan of Reorganization (Axp Dimensions Series Inc)

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