Legal Capacity and Authority. Seller has the right, power, authority and capacity to execute and deliver this Agreement and to sell the Shares as contemplated hereunder.
Legal Capacity and Authority. (i) The Guarantor has the legal capacity and authority to enter into and perform this Agreement, the Guarantee and each Financial Document to which the Guarantor is party and the transactions provided for thereby; and the Guarantor obtained all necessary approvals for the execution and performance of this Agreement, the Guarantee and each Financial Document to which the Guarantor is a party, in the manner provided for by law and the Guarantor’s constituent and other internal regulations, including approval of transactions provided for in this Agreement, the Guarantee and each Financial Document to which the Guarantor is party.
Legal Capacity and Authority. 5.2.1. The Pledgor has the legal capacity and authority to execute and perform this Agreement and the transaction envisaged hereby and has obtained all necessary approvals for execution and performance of this Agreement in the manner provided for by law and its constituent and other internal regulations, including the approval of the transaction provided for herein. A person acting on behalf of the Pledgor may enter into this Agreement;
Legal Capacity and Authority. Purchaser has the right, power, authority and capacity to execute and deliver this Agreement and to purchase the Shares as contemplated hereunder.
Legal Capacity and Authority. Seller has the right, power, legal capacity and authority to enter into and perform its obligations under this Agreement, and the agreements and certificates set forth in Section 2.2(b)(viii), (xii), (xiv) and (xvii) (the “Seller Ancillary Agreements”). Seller has full power and authority to convey good and marketable title to all of the Interests, and upon signing and delivery of this Agreement, Purchaser will receive good and marketable title to such Interests, free and clear of all Encumbrances.
Legal Capacity and Authority. Seller is a corporation duly organized, validly existing and in good standing under the laws of the State of Oklahoma, and is currently operating as a "Debtor-In-Possession" under Chapter 11
Legal Capacity and Authority. The Seller has the right, power, legal capacity, and authority to enter into and perform its obligations under this Agreement and any and all documents executed in connection with this Agreement (the "Transaction Documents"), and no approvals or consents of any persons are necessary in connection therewith that have not been obtained.
Legal Capacity and Authority. A. Each possesses the legal capacity to execute and deliver each document to which it is a party, to perform its obligations thereunder, and to consummate the transactions contemplated thereby.
Legal Capacity and Authority. Each Borrower and each Subsidiary of the Borrower has legal capacity and authority to enter into and perform the Finance Documents (to which it is party) and the transactions contemplated thereby, and has received all necessary approvals for entry into and performance of the Finance Documents in the manner prescribed by law and its constitutional and other internal documents, including approval of the transactions contemplated by the Finance Documents as a major transaction and an interested-party transaction. A person acting on behalf of each Borrower and each of its Subsidiaries has the authority to enter into the Finance Documents to which the relevant Borrower or Subsidiary is party.
Legal Capacity and Authority. Seller has full right, power, and authority to engage in the business now conducted free of interference from or claims of any person, firm, corporation, or public authority, and to own and operate its assets, properties and business.
