Corporate Power and Authority; Governmental or Other Consents Sample Clauses

Corporate Power and Authority; Governmental or Other Consents. The Company has all requisite corporate power and authority to carry on its business as presently conducted and as currently proposed to be conducted, and to own, lease, sell or operate its properties. The Company has the requisite corporate power and authority to execute, deliver and perform its obligations under the Investment Documents to which it is a party, and any other instruments or documents executed and delivered by it hereunder. No governmental or other consents, approvals, authorizations, registrations, declarations or filings are required for the execution, delivery and performance of the Investment Documents by the Company. The Company is not subject to any law, rule or regulation restricting in any way its ability to incur indebtedness or to issue shares of its capital stock or rights to acquire such shares. Neither the execution and delivery of this Agreement or the other Investment Documents nor the fulfillment of or compliance with their respective provisions and terms will conflict with or result in a breach of the terms, conditions or provisions of, or constitute a violation of or default under any applicable law, regulation, order, writ or decree, or any Material Agreement or create any security interest, chattel mortgage, lien or other encumbrance upon any of the property or assets of the Company pursuant to the terms of any agreement or instrument to which the Company is a party or by the Company or its assets are bound, except those in favor of the Purchaser expressly created by the Investment Documents.
Sample 1
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Corporate Power and Authority; Governmental or Other Consents. The Company and Gorges each have all requisite corporate power and authority to carry on their business as presently conducted and as currently proposed to be conducted, and to own, lease, sell or operate their properties. The Company has the requisite corporate power and authority to execute, deliver and perform its obligations under this Agreement, and any other instruments or documents executed and delivered by it hereunder. Gorges has the requisite corporate power and authority to execute, deliver and perform its obligations under the Purchase Agreement, the Indenture and the Credit Agreement and any other instruments or documents executed and delivered by it thereunder. The Company has furnished to Purchasers a complete and correct copy of the Purchase Agreement, the Indenture and the Credit Agreement each as in effect on the date hereof and on the Closing Date. No governmental or other consents, approvals, authorizations, registrations, declarations or filings are required for the execution, delivery and performance of this Agreement by the Company and the Purchase Agreement, Indenture and Credit Agreement by Gorges. Neither the Company nor Gorges is subject to any law, rule or regulation restricting in any way its ability to issue shares of its capital stock or rights to acquire such shares.
Sample 1
Corporate Power and Authority; Governmental or Other Consents. Gorges and GHC each have all requisite corporate power and authority to carry on their business as presently conducted and as currently proposed to be conducted, and to own, lease, sell or operate their properties. GHC has the requisite corporate power and authority to execute, deliver and perform its obligations under this Agreement, and any other instruments or documents executed and delivered by it hereunder. No governmental or other consents, approvals, authorizations, registrations, declarations or filings are required for the execution, delivery and performance of this Agreement by GHC. Neither GHC nor any of its subsidiaries are subject to any law, rule or regulation restricting in any way its ability to issue shares of its capital stock or rights to acquire such shares.
Sample 1

Related to Corporate Power and Authority; Governmental or Other Consents

  • Corporate Power and Authority The 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").

  • 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.

  • 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.

  • Existence, Power and Authority If not a natural person, the Borrower is duly organized, validly existing and in good standing under the laws of the State of its incorporation or organization and has the power and authority to own and operate its assets and to conduct its business as now or proposed to be carried on, and is duly qualified, licensed and in good standing to do business in all jurisdictions where its ownership of property or the nature of its business requires such qualification or licensing. The Borrower is duly authorized to execute and deliver the Loan Documents, all necessary action to authorize the execution and delivery of the Loan Documents has been properly taken, and the Borrower is and will continue to be duly authorized to borrow under this Agreement and to perform all of the other terms and provisions of the Loan Documents.

  • Corporate Power The Company has all requisite corporate power to execute and deliver this Agreement and to carry out and perform its obligations under the terms of this Agreement.

  • Power and Authority; Due Authorization The Servicer has all necessary power and authority to (i) execute and deliver this Agreement and the other Transaction Documents to which it is a party and (ii) perform its obligations under this Agreement and the other Transaction Documents to which it is a party and the execution, delivery and performance of, and the consummation of the transactions provided for in, this Agreement and the other Transaction Documents to which it is a party have been duly authorized by the Servicer by all necessary action.

  • 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.

  • Approvals and Authorizations Maintain all authorizations, consents, approvals and licenses from, exemptions of, and filings and registrations with, each Governmental Authority of the jurisdiction in which each Foreign Obligor is organized and existing, and all approvals and consents of each other Person in such jurisdiction, in each case that are required in connection with the Loan Documents.

  • Corporate Power; Authorization The Borrower has the corporate power, and has been duly authorized by all requisite corporate action, to execute and deliver this Agreement and to perform its obligations hereunder. This Agreement has been duly executed and delivered by the Borrower.

  • Organization; Power and Authority The Company is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation, and is duly qualified as a foreign corporation and is in good standing in each jurisdiction in which such qualification is required by law, other than those jurisdictions as to which the failure to be so qualified or in good standing could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The Company has the corporate power and authority to own or hold under lease the properties it purports to own or hold under lease, to transact the business it transacts and proposes to transact, to execute and deliver this Agreement and the Notes and to perform the provisions hereof and thereof.

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