Common use of Authorization of Agreement; No Conflicts Clause in Contracts

Authorization of Agreement; No Conflicts. The execution and delivery by Buyer of this Agreement and the performance by Buyer of its obligations hereunder have been duly authorized by all requisite corporate action on the part of Buyer and will not violate any provision of law, any order of any court or other agency of government, the organizational document or by-laws of Buyer, or any provision of any indenture, agreement or other instrument to which it is a party or by which it or any of its properties is bound or conflict with, result in a breach of or constitute (with due notice or lapse of time or both) a default under any such indenture, agreement or other instrument, or result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any of the properties of assets of Buyer. SECTION 4.03.

Appears in 1 contract

Samples: Purchase and Sale Agreement (ReoStar Energy CORP)

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Authorization of Agreement; No Conflicts. The execution and delivery by Buyer Purchaser of this Agreement and the performance by Buyer Purchaser of its obligations hereunder have been duly authorized by all requisite corporate action on the part of Buyer Purchaser and will not violate any provision of law, any order of any court or other agency of government, the organizational document or by-laws of BuyerPurchaser, or any provision of any indenture, agreement or other instrument to which it is a party or by which it or any of its properties is bound or conflict with, result in a breach of or constitute (with due notice or lapse of time or both) a default under any such indenture, agreement or other instrument, or result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any of the properties of assets of BuyerPurchaser. SECTION 4.03.5.03

Appears in 1 contract

Samples: Purchase and Sale Agreement Between Reostar (ReoStar Energy CORP)

Authorization of Agreement; No Conflicts. The execution and delivery by Buyer Seller of this Agreement and the performance by Buyer Seller of its their obligations hereunder have been duly authorized by all requisite corporate action on the part of Buyer Seller and will not violate any provision of law, any order of any court or other agency of government, the organizational document or by-laws of BuyerSeller, or any provision of any indenture, agreement or other instrument to which it is a party or by which it or any of its properties is bound or conflict with, result in a breach of or constitute (with due notice or lapse of time or both) a default under any such indenture, agreement or other instrument, or result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any of the properties of or assets of BuyerSeller. SECTION 4.03.

Appears in 1 contract

Samples: Purchase and Sale Agreement Between Reostar (ReoStar Energy CORP)

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Authorization of Agreement; No Conflicts. The execution and delivery by Buyer Seller of this Agreement and the performance by Buyer Seller of its their obligations hereunder have been duly authorized by all requisite corporate action on the part of Buyer Seller and will not violate any provision of law, any order of any court or other agency of government, the organizational document or by-laws of BuyerSeller, or any provision of any indenture, agreement or other instrument to which it is a party or by which it or any of its properties is bound or conflict with, result in a breach of or constitute (with due notice or lapse of time or both) a default under any such indenture, agreement or other instrument, or result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any of the properties of or assets of BuyerSeller. SECTION 4.033.03.

Appears in 1 contract

Samples: Purchase and Sale Agreement (ReoStar Energy CORP)

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