Company Power and Authorization Sample Clauses

Company Power and Authorization. The Company has the power, authority and legal right to execute, deliver and perform this Agreement. The execution, delivery and performance of this Agreement by the Company has been duly authorized by all necessary corporate action on behalf of the Company. This Agreement constitutes the legal, valid and binding obligation of the Company, enforceable against it in accordance with its terms, subject to any applicable bankruptcy, insolvency (including all applicable laws relating to fraudulent transfers), reorganization, moratorium or similar laws now or hereafter in effect relating to creditors’ rights generally or to general principles of equity (regardless of whether enforcement is considered in a proceeding in equity or at law).
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Company Power and Authorization. Subject to the receipt of board ------------------------------- approval, TeleCorp has full power, capacity and authority to execute and deliver this Agreement and any other agreement to be executed and delivered by TeleCorp in connection herewith, and to carry out the transactions contemplated hereby. The execution and delivery of this Agreement and any other agreement to be executed or delivered by TeleCorp in connection herewith and the consummation of the transactions contemplated hereby have been duly authorized by all necessary company and member action. No other company proceedings by TeleCorp will be necessary to authorize this Agreement or any other agreement to be executed or delivered by TeleCorp in connection herewith or the carrying out of the transactions contemplated hereby. This Agreement constitutes a valid and binding agreement of TeleCorp enforceable against TeleCorp in accordance with its terms. Upon execution and delivery by TeleCorp, any other agreement to be executed and delivered by TeleCorp in connection herewith will constitute a valid and binding agreement of TeleCorp enforceable against TeleCorp in accordance with its terms.
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Company Power and Authorization. Such Seller has full corporate authority to execute and deliver this Agreement, the Assignment to which they are a party, and, with respect to ONG, the Joint Venture Agreement, and any other agreement to be executed and delivered by such Seller in connection herewith, and to carry out the transactions contemplated hereby. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by all necessary company action. No other proceedings by such Seller (other than filings or third party creditor or member consents contemplated herein) will be necessary to authorize this Agreement or the carrying out of the transactions contemplated hereby. This Agreement constitutes a valid and binding Agreement of Seller in accordance with its terms.
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Company Power and Authorization. Purchaser has the company power, authority and legal right to execute, deliver and perform its obligations pursuant to this Agreement. The execution, delivery and performance of its obligations under this Agreement have been duly authorized by all necessary action on the part of Purchaser. This Agreement has been, and the other agreements, documents and instruments required to be delivered by Purchaser in accordance with the provisions hereof (the “Purchaser’s Documents”) will be, duly executed and delivered on behalf of, Purchaser by duly authorized officers of Purchaser; and this Agreement constitutes, and the Purchaser’s Documents, when executed and delivered, will constitute, the legal, valid and binding obligation of Purchaser, enforceable against Purchaser in accordance with their respective terms.
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Company Power and Authorization. Buyer has the requisite limited ------------------------------- liability company power and authority to execute, deliver and perform this Agreement and all other documents required to be executed and delivered by Buyer hereunder, the execution, delivery and performance of which have been duly authorized by all necessary company action.
Sample 1
Company Power and Authorization. The Borrower is duly authorized and empowered to create and issue the Note; and the Borrower and each Subsidiary is duly authorized and empowered to execute, deliver and perform the Security Instruments, including this Agreement, to which it is a party; and all company action on the Borrower's or any Subsidiary's part requisite for the due creation and issuance of the Note and for the due execution, delivery and performance of the Security Instruments, including this Agreement, to which the Borrower or any Subsidiary is a party has been duly and effectively taken. The directors of the Borrower acting pursuant to a duly called and constituted meeting, after proper notice, or pursuant to valid and unanimous written consent, have determined (i) that entry into and performance of this Agreement and each of the other documents to which the Borrower is a party, directly or indirectly benefits the Borrower and (ii) that adequate and fair consideration and reasonably equivalent value have been received by the Borrower to execute and perform this Agreement and each of the other documents to which it is a party.
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Company Power and Authorization. Borrowers have full power and authority to enter into this Agreement, to borrow hereunder, to execute and deliver the Note and the other Loan Documents and to incur the obligations provided for herein, all of which have been authorized by all proper and necessary corporate action.
Sample 1
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Related to Company Power and Authorization

  • Power and Authorization The Company is duly incorporated, validly existing and in good standing under the laws of its state of incorporation, and has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder, and to consummate the Exchange contemplated hereby.

  • Company Power and Authority Each Credit Party has the Company power and authority to execute, deliver and carry out the terms and provisions of the Documents to which it is a party and has taken all necessary Company action to authorize the execution, delivery and performance of the Documents to which it is a party. Each Credit Party has duly executed and delivered each Document to which it is a party and each such Document constitutes the legal, valid and binding obligation of such Credit Party enforceable in accordance with its terms, except to the extent that the enforceability thereof may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws generally affecting creditors' rights and by equitable principles (regardless of whether enforcement is sought in equity or at law).

  • Corporate Power and Authorization The Borrower has the corporate power and authority to execute, deliver, perform, and take all actions contemplated by, each of the Loan Documents to which it is a party, and all such action has been duly and validly authorized by all necessary corporate proceedings on its part. Without limiting the foregoing, the Borrower has the corporate power and authority to borrow pursuant to the Loan Documents to the fullest extent permitted hereby and thereby from time to time, and has taken all necessary corporate action to authorize such borrowings.

  • Power and Authority; Authorization Debtor has the power and authority and the legal right to execute and deliver, to perform its obligations under, and to grant the Liens and security interests on the Collateral pursuant to, this Agreement and has taken all necessary action to authorize its execution, delivery and performance of, and grant of the Liens and security interests on the Collateral pursuant to, this Agreement.

  • Power and Authority The Servicer has the corporate power and authority to execute and deliver this Agreement and to carry out its terms; and the execution, delivery and performance of this Agreement have been duly authorized by the Servicer by all necessary corporate action.

  • Requisite Power and Authority Such Subscriber has all necessary power and authority under all applicable provisions of law to execute and deliver this Subscription Agreement and other agreements required hereunder and to carry out their provisions. All action on Subscriber’s part required for the lawful execution and delivery of this Subscription Agreement and other agreements required hereunder have been or will be effectively taken prior to the Closing Date. Upon their execution and delivery, this Subscription Agreement and other agreements required hereunder will be valid and binding obligations of Subscriber, enforceable in accordance with their terms, except (a) as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws of general application affecting enforcement of creditors’ rights and (b) as limited by general principles of equity that restrict the availability of equitable remedies.

  • Licenses and Authorizations All rights associated with the licenses, licensing agreements, permits, easements, registrations, domains, IP addresses and authorizations issued or granted to Seller by any governmental authority with respect to the operation of the Business, including, without limitation, those licenses and authorizations listed on Schedule 1.1(d) attached hereto, and all applications therefor, together with any renewals, extensions, or modifications thereof and additions thereto;

  • Full Power and Authority Buyer represents that it has full power and authority to enter into this Agreement.

  • Corporate Power and Authority Each Borrower has all requisite corporate power and authority to enter into this Amendment and to carry out the transactions contemplated by, and perform its obligations under, the Credit Agreement as amended by this Amendment (the "AMENDED AGREEMENT").

  • Permits and Authorizations Each of the Company and its subsidiaries possesses all material Environmental Permits (as defined below) necessary to conduct its businesses and operations as now being conducted.

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