Common use of Due Authorization, Non-Contravention, Defaults etc Clause in Contracts

Due Authorization, Non-Contravention, Defaults etc. The execution, delivery and performance by each Obligor of each Loan Document executed or to be executed by it, each Obligor’s participation in the consummation of all aspects of the Transaction, and the execution, delivery and performance by the Borrower or (if applicable) any Obligor of the agreements executed and delivered by it in connection with the Transaction are in each case within such Person’s powers, have been duly authorized by all necessary action, and do not

Appears in 5 contracts

Samples: Credit Agreement (Energy Xxi (Bermuda) LTD), Credit Agreement (Energy Xxi (Bermuda) LTD), Lien Credit Agreement (Energy XXI Texas, LP)

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Due Authorization, Non-Contravention, Defaults etc. The execution, delivery and performance by each Obligor of each Loan Document executed or to be executed by it, each Obligor’s participation in the consummation of all aspects of the Transaction, and the execution, delivery and performance by the Borrower or (if applicable) any Obligor of the agreements executed and delivered by it in connection with the Transaction are in each case within such Person’s powers, have been duly authorized by all necessary action, and do not

Appears in 3 contracts

Samples: First Lien Exit Credit Agreement (Energy XXI Gulf Coast, Inc.), Credit Agreement (Dynamic Offshore Resources, Inc.), Credit Agreement (Energy Xxi (Bermuda) LTD)

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Due Authorization, Non-Contravention, Defaults etc. The execution, delivery and performance by each Obligor of each Loan Document executed or to be executed by it, each Obligor’s participation in the consummation of all aspects of the TransactionAcquisition, and the execution, delivery and performance by the Borrower or (if applicable) any Obligor of the agreements executed and delivered by it in connection with the Transaction Acquisition Documents are in each case within such Person’s powers, have been duly authorized by all necessary action, and do not

Appears in 1 contract

Samples: Credit Agreement (Radiant Oil & Gas Inc)

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