Common use of Legal Power Clause in Contracts

Legal Power. Seller has the legal power and right to enter into and perform this Agreement and the transactions contemplated hereby. The consummation of the transactions contemplated by this Agreement will not violate, or be in conflict with: (a) any provision of Seller’s certificate of incorporation, bylaws, and other governing documents; (b) any material agreement or instrument to which Seller is a party or by which Seller or the Assets are bound except for provisions customarily contained in oil and gas agreements relating to maintenance of uniform interest, preferential purchase rights, and consents to assignment; or (c) any judgment, order, ruling, or decree applicable to Seller as a party in interest or any law, rule, or regulation applicable to Seller.

Appears in 7 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

Legal Power. Seller has the legal power and right to enter into and perform this Agreement and the transactions contemplated hereby. The consummation of the transactions contemplated by this Agreement will not violate, or be in conflict with: (a) any provision of Seller’s certificate articles of incorporation, bylaws, and other governing documents; (b) any material agreement or instrument to which Seller is a party or by which Seller or the Assets are bound except for provisions customarily contained in oil and gas agreements relating to maintenance of uniform interest, preferential purchase rights, and consents to assignment, any material agreement or instrument to which Seller is a party or by which Seller or the Assets are bound; or (c) any judgment, order, ruling, or decree applicable to Seller as a party in interest or any law, rule, or regulation applicable to Seller.

Appears in 4 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement (St Mary Land & Exploration Co), Purchase and Sale Agreement (St Mary Land & Exploration Co)

Legal Power. Seller has the legal power and right to enter into and perform this Agreement and the transactions contemplated hereby. The consummation of the transactions contemplated by this Agreement will not violate, or be in conflict with: (a) any provision of Seller’s certificate 's articles of incorporation, bylaws, and other governing documents; (b) except for provisions customarily contained in oil and gas agreements relating to maintenance of uniform interest, preferential purchase rights and consents to assignment, any material agreement or instrument to which Seller is a party or by which Seller or the Assets are bound except for provisions customarily contained in oil and gas agreements relating to maintenance of uniform interest, preferential purchase rights, and consents to assignmentbound; or (c) any judgment, order, ruling, ruling or decree applicable to Seller as a party in interest or any law, rule, rule or regulation applicable to Seller.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Abraxas Energy Partners LP), Purchase and Sale Agreement (Abraxas Petroleum Corp)

Legal Power. Seller has the legal power and right to enter into and perform this Agreement and the transactions contemplated hereby. The consummation of the transactions contemplated by this Agreement does not and will not violate, or be in conflict with: (a) any provision of of, as applicable, Seller’s certificate of incorporationincorporation or organization, bylaws, operating agreement, and other governing documents; (b) any material agreement or instrument to which Seller is a party or by which Seller or the Assets are bound except for provisions customarily contained in oil and gas agreements relating to maintenance of uniform interest, preferential purchase rights, and consents to assignmentagreements; or (c) any judgment, order, ruling, or decree applicable to the Assets or Seller as a party in interest or any law, rule, or regulation applicable to the Assets or Seller.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Bill Barrett Corp)

Legal Power. Seller has the legal power and right to enter into and perform this Agreement and the transactions contemplated hereby. The consummation of the transactions contemplated by this Agreement will not violate, or be in conflict with: (a) any provision of Seller’s certificate of incorporationformation documents, bylaws, limited liability company agreement and other governing documents; (b) except for provisions customarily contained in oil and gas agreements relating to maintenance of uniform interest, preferential purchase rights and consents to assignment, any material agreement or instrument to which Seller is a party or by which Seller or the Assets are bound except for provisions customarily contained in oil and gas agreements relating to maintenance of uniform interest, preferential purchase rights, and consents to assignmentbound; or (c) any judgment, order, ruling, ruling or decree applicable to Seller as a party in interest or any law, rule, rule or regulation applicable to Seller.

Appears in 1 contract

Sources: Purchase and Sale Agreement (St Mary Land & Exploration Co)

Legal Power. Seller has the legal power and right to enter into and perform this Agreement and the transactions contemplated hereby. The consummation of the transactions contemplated by this Agreement will not violate, or be in conflict with: (a) any provision of Seller’s certificate 's articles of incorporation, bylaws, and other governing documents; (b) except for provisions customarily contained in oil and gas agreements relating to maintenance of uniform interest, preferential purchase rights and consents to assignment, any material agreement or instrument to which Seller is a party or by which Seller or the Assets are bound except for provisions customarily contained in oil and gas agreements relating to maintenance of uniform interest, preferential purchase rights, and consents to assignmentbound; or (c) any judgment, order, ruling, or decree applicable to Seller as a party in interest or any law, rule, or regulation applicable to Seller.

Appears in 1 contract

Sources: Purchase and Sale Agreement (High Plains Gas, Inc.)

Legal Power. Seller has the legal power and right to enter into and perform this Agreement and the transactions contemplated hereby. The consummation of the transactions contemplated by this Agreement will not violate, or be in conflict with: (a) any provision of Seller’s certificate articles of incorporation, bylaws, and other governing documents; (b) except for provisions customarily contained in oil and gas agreements relating to maintenance of uniform interest, preferential purchase rights and consents to assignment, any material agreement or instrument to which Seller is a party or by which Seller or the Assets are bound except for provisions customarily contained in oil and gas agreements relating to maintenance of uniform interest, preferential purchase rights, and consents to assignmentbound; or (c) any judgment, order, ruling, ruling or decree applicable to Seller as a party in interest or any law, rule, rule or regulation applicable to Seller.

Appears in 1 contract

Sources: Purchase and Sale Agreement (St Mary Land & Exploration Co)