Common use of Power and Authority; Non-Contravention Clause in Contracts

Power and Authority; Non-Contravention. It has all requisite power and authority to enter into this Agreement and to carry out the transactions contemplated by, and perform its obligations under, this Agreement, and the execution, delivery, and performance by it of this Agreement will not contravene any applicable provision of any law, statute, rule, or regulation, or any order writ, injunction, or decree of any court or governmental instrumentality or violate any provision of its organizational documents or those of the Company Subsidiaries.

Appears in 3 contracts

Samples: Settlement Agreement, Settlement Agreement (Midwest Generation LLC), Settlement Agreement (Edison International)

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Power and Authority; Non-Contravention. It has all requisite power and authority to enter into this Agreement and to carry out the transactions contemplated by, and perform its obligations under, this Agreement, and the execution, delivery, delivery and performance by it of this Agreement will not contravene any applicable provision of any law, statute, rule, rule or regulation, or any order writ, injunction, or decree of any court or governmental instrumentality or violate any provision of its organizational documents or those of the Company Subsidiariesits subsidiaries.

Appears in 1 contract

Samples: Transaction Support Agreement (Edison Mission Energy)

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Power and Authority; Non-Contravention. It has all requisite power and authority to enter into this Agreement and to carry out the transactions contemplated by, and perform its obligations under, this Agreement, and the execution, delivery, delivery and performance by it of this Agreement will not contravene any applicable provision of any law, statute, rule, rule or regulation, or any order writ, injunction, or decree of any court or governmental instrumentality or violate any provision of its organizational documents or those of the Company EIX Subsidiaries.

Appears in 1 contract

Samples: Transaction Support Agreement (Edison Mission Energy)

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