Common use of Capacity and authorisation Clause in Contracts

Capacity and authorisation. The entry into and performance by each of the Account Party and the other Obligors of this Agreement and the other Finance Documents are, so far as it is aware and having made due enquiry, within the corporate powers of the Account Party and those Obligors and have been duly authorised by all necessary corporate actions and approvals.

Appears in 3 contracts

Samples: Credit Facility Agreement, Credit Facility Agreement (Max Capital Group Ltd.), Credit Facility Agreement (Max Capital Group Ltd.)

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Capacity and authorisation. The entry into and performance by each of the Account Party and the other Obligors Guarantor of this Agreement and the other Finance Documents are, so far as it is aware and having made due enquiry, within the corporate powers of the Account Party and those Obligors the Guarantor and have been duly authorised by all necessary corporate actions and approvals.

Appears in 2 contracts

Samples: Credit Facility Agreement, Credit Facility Agreement (Max Capital Group Ltd.)

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Capacity and authorisation. The entry into and performance by each of the Account Party and the other Obligors of this Agreement and the other Finance Documents are, so far as it is aware and having made due enquiry, within the corporate powers of the Account Party and those other Obligors and have been duly authorised by all necessary corporate actions and approvals.

Appears in 1 contract

Samples: Credit Facility Agreement (ALTERRA CAPITAL HOLDINGS LTD)

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