Common use of Capacity, Power and Authority Clause in Contracts

Capacity, Power and Authority. (i) It is duly amalgamated and is validly subsisting under the laws of its jurisdiction of amalgamation and has all the requisite corporate capacity, power and authority to carry on its business as presently conducted and to own its property; and (ii) It has the requisite corporate capacity, power and authority to execute and deliver this Agreement.

Appears in 14 contracts

Samples: First Amending Agreement, Fourth Amending Agreement, Third Amending Agreement (Baytex Energy Corp.)

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Capacity, Power and Authority. (i) It is duly amalgamated incorporated and is validly subsisting under the laws of its jurisdiction of amalgamation incorporation and has all the requisite corporate capacity, power and authority to carry on its business as presently conducted and to own its property; and (ii) It has the requisite corporate capacity, power and authority to execute and deliver this Agreement.

Appears in 9 contracts

Samples: Syndicated Term Credit Facility (Potash Corp of Saskatchewan Inc), Amending Agreement (Trident Resources Corp), Second Amending Agreement (Trident Resources Corp)

Capacity, Power and Authority. (i) It is duly amalgamated or incorporated, as the case may be, and is validly subsisting under the laws of its jurisdiction of amalgamation or incorporation, as the case may be, and has all the requisite corporate capacity, power and authority to carry on its business as presently conducted and to own its property; and (ii) It has the requisite corporate capacity, power and authority to execute and deliver this Agreement.

Appears in 6 contracts

Samples: Third Amending Agreement (Baytex Energy Corp.), Second Amending Agreement (Baytex Energy Corp.), Fourth Amending Agreement (Baytex Energy Corp.)

Capacity, Power and Authority. (i) It is duly amalgamated incorporated and is validly subsisting under the laws of its jurisdiction of amalgamation incorporation or creation and has all the requisite corporate capacity, power and authority to carry on its business as presently conducted and to own its property; and (ii) It has the requisite corporate capacity, power and authority to execute and deliver this Agreement.

Appears in 4 contracts

Samples: Second Amending Agreement (Nexen Inc), Restated Credit Agreement (Nexen Inc), Fourth Amending Agreement (Nexen Inc)

Capacity, Power and Authority. (i) It is duly amalgamated or incorporated, as the case may be, and is validly subsisting under the laws of its jurisdiction of amalgamation or incorporation, as the case may be, and has all the requisite corporate capacity, power and authority to carry on its business as presently conducted and to own its property; and (ii) It has the requisite corporate capacity, power and authority to execute and deliver this AgreementAgreement and the Confirmation.

Appears in 2 contracts

Samples: Fifth Amending Agreement (Baytex Energy Corp.), Fourth Amending Agreement (Baytex Energy Corp.)

Capacity, Power and Authority. (i) It is duly amalgamated incorporated and is validly subsisting under the laws of its jurisdiction of amalgamation incorporation or creation and has all the requisite corporate capacity, power and authority to carry on its business as presently conducted and to own its property; and (ii) It has the requisite corporate capacity, power and authority to execute and deliver this First Amending Agreement.

Appears in 2 contracts

Samples: First Amending Agreement (Enbridge Inc), Term Credit Facility (Enbridge Inc)

Capacity, Power and Authority. (i) It is duly amalgamated incorporated and is validly subsisting under the laws of its jurisdiction of amalgamation incorporation or creation and has all the requisite corporate capacity, power and authority to carry on its business as presently conducted and to own its property; and (ii) It has the requisite corporate capacity, power and authority to execute and deliver this Sixth Amending Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Enbridge Inc), Term Credit Facility (Enbridge Inc)

Capacity, Power and Authority. (i) It is duly amalgamated amalgamated, incorporated or formed, as the case may be, and is validly subsisting under the laws of its jurisdiction of amalgamation amalgamation, incorporation or formation, as the case may be, and has all the requisite corporate capacity, power and authority to carry on its business as presently conducted and to own its property; and (ii) It has the requisite corporate capacity, power and authority to execute and deliver this Agreement.

Appears in 1 contract

Samples: First Amending Agreement (Baytex Energy Corp.)

Capacity, Power and Authority. (i) It is duly amalgamated incorporated and is validly subsisting under the laws of its jurisdiction of amalgamation incorporation or creation and has all the requisite corporate capacity, power and authority to carry on its business as presently conducted and to own its property; and (ii) It has the requisite corporate capacity, power and authority to execute and deliver this Second Amending Agreement.

Appears in 1 contract

Samples: Credit Agreement (Enbridge Inc)

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Capacity, Power and Authority. (ia) It is duly amalgamated incorporated and is validly subsisting under the laws of its jurisdiction of amalgamation incorporation and has all the requisite corporate capacity, power and authority to carry on its business as presently conducted and to own its property; and (iib) It has the requisite corporate capacity, power and authority to execute and deliver this Agreement.

Appears in 1 contract

Samples: Credit Agreement

Capacity, Power and Authority. (i) It is duly amalgamated incorporated and is validly subsisting under the laws of its jurisdiction of amalgamation incorporation or creation and has all the requisite corporate capacity, power and authority to carry on its business as presently conducted and to own its property; and (ii) It has the requisite corporate capacity, power and authority to execute and deliver this Third Amending Agreement.

Appears in 1 contract

Samples: Credit Agreement (Enbridge Inc)

Capacity, Power and Authority. (i) It is duly amalgamated incorporated and is validly subsisting under the laws of its jurisdiction of amalgamation incorporation or creation and has all the requisite corporate capacity, power and authority to carry on its business as presently conducted and to own its property; and (ii) It has the requisite corporate capacity, power and authority to execute and deliver this Fourth Amending Agreement.

Appears in 1 contract

Samples: Revolving Term Credit Facility (Enbridge Inc)

Capacity, Power and Authority. (i) It is duly amalgamated incorporated and is validly subsisting under the laws of its jurisdiction of amalgamation incorporation or creation and has all the requisite corporate capacity, power and authority to carry on its business as presently conducted and to own its property; and (ii) It has the requisite corporate capacity, power and authority to execute and deliver this Fifth Amending Agreement.

Appears in 1 contract

Samples: Credit Agreement (Enbridge Inc)

Capacity, Power and Authority. (i) It is duly amalgamated and is validly subsisting under the laws of its jurisdiction of amalgamation and has all the requisite corporate capacity, power and authority to carry on its business as presently conducted and to own its property; and (ii) It it has the requisite corporate capacity, power and authority to execute and deliver this AgreementAgreement and perform its obligations hereunder.

Appears in 1 contract

Samples: First Amending Agreement (Bellatrix Exploration Ltd.)

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