AUTHORIZATION; ENFORCEABILITY; EXECUTION AND DELIVERY. (a) The Owner has all necessary corporate power and authority to execute, deliver and perform under this Assignment. (b) All action on the part of the Owner that is required for the authorization, execution, delivery and performance of this Assignment has been duly and effectively taken; and the execution, delivery and performance of this Assignment does not require the approval or consent of any Person except for such consents and approvals as have been obtained on or prior to the Closing Date. (c) This Assignment has been duly executed and delivered by the Owner. This Assignment constitutes the legal, valid and binding obligation of the Owner, enforceable against it in accordance with the terms thereof.
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Samples: Assignment of Charter (Golden State Petro Iom I B PLC), Assignment of Building Contract Guarantee (Golden State Petro Iom I B PLC), Indenture (Golden State Petro Iom I B PLC)
AUTHORIZATION; ENFORCEABILITY; EXECUTION AND DELIVERY. (a) The Owner has all necessary corporate power and authority to execute, deliver and perform under this Assignment.
(b) All action on the part of the Owner that is required for the authorization, execution, delivery and performance of this Assignment has been duly and effectively taken; and the execution, delivery and performance of this Assignment does not require the approval or consent of any Person except for such consents and approvals as have been obtained on or prior to the Closing Dateobtained.
(c) This Assignment has been duly executed and delivered by the Owner. This Assignment constitutes the legal, valid and binding obligation of the Owner, enforceable against it in accordance with the terms thereof.
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Samples: Bareboat Charter Agreement (California Petroleum Transport Corp), Bareboat Charter Agreement (Calpetro Tankers Bahamas Iii LTD)
AUTHORIZATION; ENFORCEABILITY; EXECUTION AND DELIVERY. (a) The Owner has all necessary corporate power and authority to execute, deliver and perform under this Assignment.
(b) All action on the part of the Owner that is required for the authorization, execution, delivery and performance of this Assignment has been duly and effectively taken; and the execution, delivery and performance of this Assignment does not require the approval or consent of any Person except for such consents and approvals as have been obtained on or prior to the Closing Delivery Date.
(c) This Assignment has been duly executed and delivered by the Owner. This Assignment constitutes the legal, valid and binding obligation of the Owner, enforceable against it in accordance with the terms thereof.
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