Common use of Authorization of Agreement and Binding Effect Clause in Contracts

Authorization of Agreement and Binding Effect. The Company has full right, power and authority to execute and deliver this Agreement and to perform its obligations hereunder; and all action required to be taken for the due and proper authorization, execution and delivery by it of this Agreement and the consummation by it of the transactions contemplated hereby has been duly and validly taken.

Appears in 15 contracts

Samples: Underwriting Agreement (Sanchez Energy Corp), Underwriting Agreement (Emerald Oil, Inc.), Underwriting Agreement (Sanchez Energy Corp)

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Authorization of Agreement and Binding Effect. The Company has full the corporate right, power and authority to execute and deliver this Agreement and to perform its obligations hereunder; and all action required to be taken for the due and proper authorization, execution and delivery by it of this Agreement and the consummation by it of the transactions contemplated hereby has been duly and validly taken.

Appears in 2 contracts

Samples: Abraxas Petroleum Corp, Abraxas Petroleum Corp

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