Common use of Authorization of Securities Clause in Contracts

Authorization of Securities. The Securities have been duly authorized by the Company and, at the Closing Time, will have been duly executed by the Company and, when authenticated in the manner provided for in the Indenture and delivered by the Company against payment therefor as described in the Prospectus or as contemplated in the Indenture, will constitute valid, legal and binding obligations of the Company, enforceable against the Company in accordance with their terms, except to the extent that enforceability may be limited by the Enforceability Exceptions; the Securities will be in the form contemplated by, and will be entitled to the benefits of, the Indenture.

Appears in 8 contracts

Samples: Underwriting Agreement (Renasant Corp), Underwriting Agreement (Renasant Corp), Underwriting Agreement (Oceanfirst Financial Corp)

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Authorization of Securities. The Securities have been duly authorized by the Company and, at the Closing Time, will have been duly executed and delivered by the Company and, when the Securities have been authenticated in and delivered by the manner provided for in the Indenture Trustee and issued and delivered by the Company against payment of the purchase price therefor as described provided in this Agreement, the Prospectus or as contemplated in the IndentureSecurities, will constitute valid, legal valid and binding obligations of the Company, enforceable against the Company in accordance with their terms, except to as the extent that enforceability enforcement thereof may be limited by the Enforceability Exceptions; the Securities , will be in the form contemplated by, by the Indenture and will be entitled to the benefits of, and security of the IndentureIndenture ratably with all other securities outstanding thereunder.

Appears in 7 contracts

Samples: Nevada Power (Nv Energy, Inc.), Purchase Agreement (Nv Energy, Inc.), Nevada Power (Nv Energy, Inc.)

Authorization of Securities. The Securities have been duly authorized by the Company and, at the Closing Time, will have been duly executed and delivered by the Company and, when the Securities have been authenticated by the Trustee in the manner provided for in the Indenture and issued and delivered by the Company against payment of the purchase price therefor as described provided in this Agreement, the Prospectus or as contemplated in the Indenture, Securities will constitute valid, legal valid and binding obligations of the Company, enforceable against the Company in accordance with their terms, except to as the extent that enforceability enforcement thereof may be limited by the Enforceability Exceptions; the Securities , will be in the form contemplated by, by the Indenture and will be entitled to the benefits of, and security of the IndentureIndenture ratably with all other securities outstanding thereunder.

Appears in 3 contracts

Samples: Purchase Agreement (Nv Energy, Inc.), Purchase Agreement (Nv Energy, Inc.), Nevada Power (Nv Energy, Inc.)

Authorization of Securities. The Securities have been duly authorized by the Company and, at the Closing Time, will have been duly executed by the Company and, when authenticated in the manner provided for in the Indenture and delivered by the Company against payment therefor as described in the Prospectus or as contemplated in the Indenture, will constitute valid, legal and binding obligations of the Company, enforceable against the Company in accordance with their terms, except to the extent that enforceability may be limited by the Enforceability Exceptions; Exceptions; the Securities will be in the form contemplated by, and will be entitled to the benefits of, the Indenture.

Appears in 1 contract

Samples: Underwriting Agreement (Atlantic Union Bankshares Corp)

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Authorization of Securities. The Securities have been duly authorized by the Company and, at the Closing Time, will have been duly executed and delivered by the Company and, when the Securities have been authenticated by the Trustee in the manner provided for in the Indenture and issued and delivered by the Company against payment of the purchase price therefor as described provided in this Agreement, the Prospectus or as contemplated in the Indenture, Securities will constitute valid, legal valid and binding obligations of the Company, enforceable against the Company in accordance with their terms, except to as the extent that enforceability enforcement thereof may be limited by the Enforceability Exceptions; the Securities , will be in the form contemplated by, by the Indenture and will be entitled to the benefits of, of the IndentureIndenture ratably with all other securities outstanding thereunder.

Appears in 1 contract

Samples: Purchase Agreement (Nv Energy, Inc.)

Authorization of Securities. The Assuming that the Securities have been duly authorized by the Company and, at the Closing Time, the Securities will have been duly executed by the Company andCompany, when authenticated in the manner provided for in the Indenture and delivered by the Company against payment therefor as described in the Prospectus or as contemplated in the IndentureProspectus, will constitute valid, legal and binding obligations of the Company, enforceable against the Company in accordance with their terms, except to the extent that enforceability may be limited by the Enforceability Exceptions; and the Securities will be in the form contemplated by, and will be entitled to the benefits of, the Indenture.

Appears in 1 contract

Samples: Purchase Agreement (Fulton Financial Corp)

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