Common use of Capacity, Power and Authority Clause in Contracts

Capacity, Power and Authority. 19.2.1 It has the legal capacity and power to enter into and perform, and has taken all necessary action to authorise the entry into and performance of, the Finance Documents to which it is or will be a party and the transactions contemplated by those Finance Documents. 19.2.2 No limit on its powers will be exceeded as a result of the borrowing, grant of security or giving of guarantees or indemnities contemplated by the Finance Documents to which it is a party.

Appears in 6 contracts

Samples: Senior Facility Agreement (Lesaka Technologies Inc), Common Terms Agreement (Net 1 Ueps Technologies Inc), Common Terms Agreement (Net 1 Ueps Technologies Inc)

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Capacity, Power and Authority. 19.2.1 4.2.1 It has the legal capacity and power to enter into and perform, and has taken all necessary action to authorise the entry into and performance of, the Finance Documents to which it is or will be a party and the transactions contemplated by those Finance Documents. 19.2.2 4.2.2 No limit on its powers will be exceeded as a result of the borrowing, grant of security or giving of guarantees or indemnities contemplated by the Finance Documents to which it is a party.

Appears in 5 contracts

Samples: Common Terms Agreement (Net 1 Ueps Technologies Inc), Common Terms Agreement (Net 1 Ueps Technologies Inc), Common Terms Agreement (Net 1 Ueps Technologies Inc)

Capacity, Power and Authority. 19.2.1 17.2.1. It has the legal capacity and power to enter into and perform, and has taken all necessary action to authorise the entry into and performance of, the Finance Transaction Documents to which it is or will be a party and the transactions contemplated by those Finance Transaction Documents. 19.2.2 17.2.2. No limit on its powers will be exceeded as a result of the borrowing, grant of security or giving of guarantees or indemnities contemplated by the Finance Transaction Documents to which it is a party.

Appears in 4 contracts

Samples: Term Loan Facility Agreement (Harmony Gold Mining Co LTD), Term Loan Facility Agreement (Harmony Gold Mining Co LTD), Term Loan Facility Agreement (Harmony Gold Mining Co LTD)

Capacity, Power and Authority. 19.2.1 19.4.1 It has the legal capacity and power to enter into into, perform and performdeliver, and has taken all necessary action to authorise the its entry into into, performance and performance delivery of, the Finance Documents to which it is or will be a party and the transactions contemplated by those Finance Documents. 19.2.2 19.4.2 No limit on its powers will be exceeded as a result of the borrowing, grant of security or giving of guarantees or indemnities contemplated by the Finance Documents to which it is a party.

Appears in 3 contracts

Samples: Facilities Agreement, Facilities Agreement (MiX Telematics LTD), Facilities Agreement (PowerFleet, Inc.)

Capacity, Power and Authority. 19.2.1 22.2.1 It has the legal capacity and power to enter into and perform, and has taken all necessary action to authorise the entry into and performance of, the Finance Documents to which it is or will be a party and the transactions contemplated by those Finance Documents. 19.2.2 22.2.2 No limit on its powers will be exceeded as a result of the borrowing, grant of security or giving of guarantees or indemnities contemplated by the Finance Documents to which it is a party.

Appears in 2 contracts

Samples: Common Terms Agreement (Net 1 Ueps Technologies Inc), Common Terms Agreement (Net 1 Ueps Technologies Inc)

Capacity, Power and Authority. 19.2.1 4.2.1 It has the legal capacity and power to enter into and perform, and has taken all necessary action to authorise the entry into and performance of, this Agreement and the other Finance Documents to which it is or will be a party and the transactions contemplated by this Agreement and those other Finance Documents. 19.2.2 4.2.2 No limit on its powers will be exceeded as a result of the borrowing, grant of security or giving of guarantees or indemnities contemplated by this Agreement and the other Finance Documents to which it is a party.

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (Lesaka Technologies Inc), Senior Facility Agreement (Lesaka Technologies Inc)

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Capacity, Power and Authority. 19.2.1 3.2.1 It has the legal capacity and power to enter into and perform, and has taken all necessary action to authorise the entry into and performance of, the Finance Documents to which it is or will be a party and the transactions contemplated by those Finance Documents. 19.2.2 3.2.2 No limit on its powers will be exceeded as a result of the borrowing, grant of security or giving of guarantees or indemnities contemplated by the Finance Documents to which it is a party.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Net 1 Ueps Technologies Inc)

Capacity, Power and Authority. 19.2.1 18.4.1 It has the legal capacity and power to enter into into, perform and performdeliver, and has taken all necessary action to authorise the its entry into into, performance and performance delivery of, the Finance Documents to which it is or will be a party and the transactions contemplated by those Finance Documents. 19.2.2 18.4.2 No limit on its powers will be exceeded as a result of the borrowing, grant of security or giving of guarantees or indemnities contemplated by the Finance Documents to which it is a party.. Facility Agreement _Powerfleet_ 57

Appears in 1 contract

Samples: Facility Agreement (Powerfleet, Inc.)

Capacity, Power and Authority. 19.2.1 4.2.1 It has the legal capacity and power to enter into and perform, and has taken all necessary action to authorise the entry into and performance of, this Agreement and the other Finance Documents to which it is or will be a party and the transactions contemplated by this Agreement those other Finance Documents. 19.2.2 4.2.2 No limit on its powers will be exceeded as a result of the borrowing, grant of security or giving of guarantees or indemnities contemplated by this Agreement and the other Finance Documents to which it is a party.

Appears in 1 contract

Samples: Amendment Agreement (Lesaka Technologies Inc)

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