Common use of AUTHORIZED EXPENDITURES Clause in Contracts

AUTHORIZED EXPENDITURES. To the best of the knowledge, information and belief of the Vendor, there are no outstanding authorizations for expenditure or outstanding financial commitments respecting the Assets, pursuant to which expenditures are or may be required by the Purchaser as a result of the acquisition of the Assets or in respect of which any amount is outstanding, other than as specifically disclosed in Part IV of Schedule "A" or as may be authorized on behalf of the Purchaser hereunder;

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Geocan Energy Inc)

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AUTHORIZED EXPENDITURES. To the best of the knowledge, information and belief of the Vendor, there There are no outstanding authorizations for expenditure or outstanding financial commitments respecting the Assets, pursuant to which expenditures are or may be required by the Purchaser as a result of the acquisition of the Assets or in respect of which any amount is outstanding, other than as specifically disclosed set forth in Part IV of Schedule "A" or as may be authorized on behalf of the Purchaser hereunderin accordance herewith;

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Promax Energy Inc)

AUTHORIZED EXPENDITURES. To the best of the knowledge, information and belief of the Vendor, there There are no outstanding authorizations for expenditure or outstanding financial commitments respecting the Assets, pursuant to which expenditures are or may be required by the Purchaser as a result of the acquisition of the Assets or in respect of which any amount is outstanding, other than as specifically disclosed identified in Part IV of Schedule "A" or as may be authorized on behalf of the Purchaser hereunderC";

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Cotton Valley Resources Corp)

AUTHORIZED EXPENDITURES. To the best of the knowledge, information and belief of the Vendor, there There are no outstanding authorizations for ----------------------- expenditure or other outstanding financial commitments respecting the Assets, Assets pursuant to which expenditures are or may be required by the Purchaser as a result of the acquisition of the Assets or in respect of which any amount is outstanding, other than as specifically disclosed set forth in Part IV of Schedule "AE" or as may be authorized on behalf of the Purchaser hereunderin accordance herewith;

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Cec Resources LTD)

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AUTHORIZED EXPENDITURES. To the best of the knowledge, information and belief of the Vendor, there There are no outstanding authorizations for expenditure or outstanding financial commitments respecting the Assets, pursuant to which expenditures are or may be required by the Purchaser as a result of the acquisition of the Assets or in respect of which any amount is outstanding, other than as specifically disclosed in Part IV of Schedule "A" hereto or as may be authorized on behalf of the Purchaser hereunder;

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Centor Energy, Inc.)

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