Common use of Execution and Enforceability Clause in Contracts

Execution and Enforceability. The Purchaser has taken all actions necessary to authorize the execution and delivery of this Agreement, and, as of the Closing Time, the Purchaser shall have taken all actions necessary to authorize and complete the purchase of the Assets in accordance with the provisions of this Agreement. This Agreement has been validly executed and delivered by the Purchaser, and this Agreement does and all other documents executed and delivered on behalf of the Purchaser hereunder shall constitute valid and binding obligations of the Purchaser enforceable in accordance with their respective terms and conditions;

Appears in 2 contracts

Samples: Initial Assets Purchase Agreement (Paramount Energy Trust), Initial Assets Purchase Agreement (Paramount Energy Trust)

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Execution and Enforceability. The Purchaser has taken all actions necessary to authorize the execution and delivery of this Agreement, and, as of the Closing Time, the Purchaser shall have taken all actions necessary to authorize and complete the purchase of the Purchased Assets in accordance with the provisions of this Agreement. This Agreement has been validly executed and delivered by the Purchaser, and this Agreement does and all other documents executed and delivered on behalf of the Purchaser hereunder shall constitute valid and binding obligations of the Purchaser enforceable in accordance with their respective terms and conditions;

Appears in 2 contracts

Samples: Take Up Agreement (Paramount Energy Trust), Take Up Agreement (Paramount Energy Trust)

Execution and Enforceability. The Purchaser has Purchasers have taken all ail actions necessary to authorize the execution and delivery of this Agreement, and, as of the Closing TimeDate, the Purchaser Purchasers shall have taken all actions necessary to authorize and complete the purchase of the Assets Partnership Interests in accordance with the provisions of this Agreement. This Agreement has been validly executed and delivered by the PurchaserPurchasers, and this Agreement does and all other documents executed and delivered on behalf of the Purchaser Purchasers hereunder shall constitute valid and binding obligations of the Purchaser Purchasers enforceable in accordance with their respective terms and conditions;

Appears in 1 contract

Samples: Partnership Interest Sale Agreement (Canetic Resources Trust)

Execution and Enforceability. The Purchaser has taken all actions necessary to authorize the execution and delivery of this Agreement, and, as of the Closing Time, the Purchaser shall have taken all actions necessary to authorize and complete the purchase of the Assets in accordance with the provisions of this Agreement. This Agreement has been validly executed and delivered by the Purchaser, and this Agreement does and all other documents executed and delivered on behalf of the Purchaser hereunder shall constitute valid and binding obligations of the Purchaser enforceable in accordance with their respective terms and conditions;

Appears in 1 contract

Samples: Asset Sale Agreement

Execution and Enforceability. The Purchaser has taken all actions necessary to authorize the execution and delivery of this Agreement, Agreement and, as of the Closing TimeDate, the Purchaser then it shall have taken all actions necessary to authorize and complete the purchase of the Assets in accordance with the provisions of this Agreement. This Agreement has been validly executed and delivered by the Purchaser, and this Agreement does and all other documents executed and delivered on its behalf of the Purchaser hereunder shall constitute valid and binding obligations of the Purchaser enforceable in accordance with their respective terms and conditionsPurchaser;

Appears in 1 contract

Samples: Purchase and Sale Agreement (Samoyed Energy Corp)

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Execution and Enforceability. The Purchaser has taken all actions necessary to authorize the execution and delivery of this Agreement, Agreement and, as of the Closing TimeDate, the Purchaser shall have taken all actions necessary to authorize and complete the purchase of the Assets in accordance with the provisions of this Agreement. This Agreement has been validly executed and delivered by the Purchaser, and this Agreement does and all other documents executed and delivered on behalf of the Purchaser hereunder shall constitute valid and binding obligations of the Purchaser enforceable in accordance with their respective terms and conditions;

Appears in 1 contract

Samples: Purchase and Sale Agreement (Kodiak Energy, Inc.)

Execution and Enforceability. The Purchaser has taken all actions ---------------------------- necessary to authorize the execution and delivery of this Agreement, Agreement and, as of the Closing TimeDate, the Purchaser shall have taken all actions necessary to authorize and complete the purchase of the Assets in accordance with the provisions of this Agreement. This Agreement has been validly executed and delivered by the Purchaser, and this Agreement does and all other documents executed and delivered on behalf of the Purchaser hereunder shall constitute valid and binding obligations of the Purchaser enforceable in accordance with their respective terms and conditions;this

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cec Resources LTD)

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