Common use of Authority to Enter into Agreement Clause in Contracts

Authority to Enter into Agreement. Each of the parties to this Agreement hereby represents and warrants to the other that it is duly authorized and empowered to execute, deliver and perform this Agreement and that such action does not conflict with or violate any provision of law, regulation, policy, contract, deed of trust or other instrument to which it is a party or by which it is bound and that this Agreement constitutes a valid and binding obligation of it enforceable in accordance with its terms. The Trust shall provide to the Manager concurrently with the execution and delivery by the Trust of this Agreement all such evidence of authority to act including, without limitation, designations of authorized persons and certified copies of the Trust Agreement and other documents, as the Manager may require. The Manager may continue to rely on all such evidence until notice to the contrary given hereunder has been received by it.

Appears in 5 contracts

Samples: Management Agreement (Sprott Physical Gold & Silver Trust), Arrangement Agreement (Central Fund of Canada LTD), Management Agreement (Sprott Physical Platinum & Palladium Trust)

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Authority to Enter into Agreement. Each of the parties to this Agreement hereby represents and warrants to the other that it is duly authorized and empowered to execute, deliver and perform this Agreement and that such action does not conflict with or violate any provision of law, regulation, policy, contract, deed of trust or other instrument to which it is a party or by which it is bound and that this Agreement constitutes a valid and binding obligation of it enforceable in accordance with its terms. The Trust Trustee shall provide to the Manager concurrently with the execution and delivery by the Trust of this Agreement all such evidence of authority to act including, without limitation, designations of authorized persons and certified copies of the Trust Agreement and other documents, as the Manager may require. The Manager may continue to rely on all such evidence until notice to the contrary given hereunder has been received by it.

Appears in 5 contracts

Samples: Management Agreement (APMEX Physical - 1 Oz. Gold Redeemable Trust), Management Agreement (APMEX Physical - 1 Oz. Gold Redeemable Trust), Management Agreement (APMEX Physical - 1 Oz. Gold Redeemable Trust)

Authority to Enter into Agreement. Each of the parties to this Agreement hereby represents and warrants to the other that it is duly authorized and empowered to execute, deliver and perform this Agreement and that such action does not conflict with or violate any provision of law, regulation, policy, contract, deed of trust or other instrument to which it is a party or by which it is bound and that this Agreement constitutes a valid and binding obligation of it enforceable in accordance with its terms. The Trust Corporation shall provide to the Manager Consultant concurrently with the execution and delivery by the Trust Corporation of this Agreement all such evidence of authority to act including, without limitation, designations of authorized persons and certified copies of the Trust Agreement charter documents and other documentsresolutions, as the Manager Consultant may reasonably require. The Manager Consultant may continue to rely on all such evidence until notice to the contrary given hereunder has been received by it.

Appears in 2 contracts

Samples: Management Services Agreement (Sprott Resource Lending Corp.), Management Services Agreement (Sprott Resource Lending Corp.)

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Authority to Enter into Agreement. Each of the parties to this Agreement hereby represents and warrants to the other that it is duly authorized and empowered to execute, deliver and perform this Agreement and that such action does not conflict with or violate any provision of law, regulation, policy, contract, deed of trust or other instrument to which it is a party or by which it is bound and that this Agreement constitutes a valid and binding obligation of it enforceable in accordance with its terms. The Trust Corporation shall provide to the Manager Consultant concurrently with the execution and delivery by the Trust Corporation of this Agreement all such evidence of authority to act including, without limitation, designations of authorized persons and certified copies of the Trust Agreement charter documents and other documentsresolutions, as the Manager Consultant may require. The Manager Consultant may continue to rely on all such evidence until notice to the contrary given hereunder has been received by it.

Appears in 1 contract

Samples: Management Services Agreement

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