Capacity, Power and Authority. (i) It is duly amalgamated and is validly subsisting under the laws of the Province of Alberta 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: Forbearance and Fourth Amending Agreement (PENGROWTH ENERGY Corp), Credit Agreement (PENGROWTH ENERGY Corp), Credit Agreement (PENGROWTH ENERGY Corp)
Capacity, Power and Authority. (i) It is duly amalgamated and is validly subsisting under the laws of the Province of Alberta 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 3 contracts
Samples: Fourth Amending Agreement (Hammerhead Energy Inc.), Consent and Second Amending Agreement (Hammerhead Energy Inc.), Consent and Second Amending Agreement (Hammerhead Energy Inc.)
Capacity, Power and Authority. (i) It is duly amalgamated and is validly subsisting under the laws of the Province of Alberta 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
