Power and Authority of Contractor Sample Clauses

Power and Authority of Contractor. If the Contractor is a corporation, Contractor represents and warrants that it is and will remain, throughout the term of this Contract, either a duly organized, validly existing California corporation in good standing under the laws of the State of California or a duly organized, validly existing foreign corporation in good standing in the state of incorporation and authorized to transact business in the State of California.
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Power and Authority of Contractor. The Contractor has taken all action necessary to authorize the execution and delivery by it of this Agreement, and this Agreement will be executed and delivered by one of its officers who is duly authorized to execute and deliver this Agreement on its behalf.
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Power and Authority of Contractor a. If Contractor is a limited liability entity, Contractor represents and warrants that it is and will remain, throughout the term of this Contract, either a duly organized, validly existing
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Power and Authority of Contractor. If the Contractor is a corporation, Contractor represents and warrants that it is and will remain, throughout the term of this Contract, either a duly organized, validly existing California corporation in good standing under the laws of the State of California or a duly organized, validly existing foreign corporation in good standing in the state of incorporation and authorized to transact business in the State of California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Related to Power and Authority of Contractor

  • Power and Authority The Servicer has the corporate power and authority to execute and deliver this Agreement and to carry out its terms; and the execution, delivery and performance of this Agreement have been duly authorized by the Servicer by all necessary corporate action.

  • Power and Authorization The Company is duly incorporated, validly existing and in good standing under the laws of its state of incorporation, and has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder, and to consummate the Exchange contemplated hereby.

  • Requisite Power and Authority Such Subscriber has all necessary power and authority under all applicable provisions of law to execute and deliver this Subscription Agreement and other agreements required hereunder and to carry out their provisions. All action on Subscriber’s part required for the lawful execution and delivery of this Subscription Agreement and other agreements required hereunder have been or will be effectively taken prior to the Closing Date. Upon their execution and delivery, this Subscription Agreement and other agreements required hereunder will be valid and binding obligations of Subscriber, enforceable in accordance with their terms, except (a) as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws of general application affecting enforcement of creditors’ rights and (b) as limited by general principles of equity that restrict the availability of equitable remedies.

  • Existence, Power and Authority If not a natural person, the Borrower is duly organized, validly existing and in good standing under the laws of the State of its incorporation or organization and has the power and authority to own and operate its assets and to conduct its business as now or proposed to be carried on, and is duly qualified, licensed and in good standing to do business in all jurisdictions where its ownership of property or the nature of its business requires such qualification or licensing. The Borrower is duly authorized to execute and deliver the Loan Documents, all necessary action to authorize the execution and delivery of the Loan Documents has been properly taken, and the Borrower is and will continue to be duly authorized to borrow under this Agreement and to perform all of the other terms and provisions of the Loan Documents.

  • Corporate Power and Authority The Borrower has all requisite corporate power and authority to enter into this Amendment and to carry out the transactions contemplated by, and perform its obligations under, the Credit Agreement as amended by this Amendment (the "Amended Agreement").

  • Corporate Power and Authorization The Borrower has the corporate power and authority to execute, deliver, perform, and take all actions contemplated by, each of the Loan Documents to which it is a party, and all such action has been duly and validly authorized by all necessary corporate proceedings on its part. Without limiting the foregoing, the Borrower has the corporate power and authority to borrow pursuant to the Loan Documents to the fullest extent permitted hereby and thereby from time to time, and has taken all necessary corporate action to authorize such borrowings.

  • Full Power and Authority Buyer represents that it has full power and authority to enter into this Agreement.

  • Legal Power and Authority It has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. It is an entity duly organized, validly existing and in good standing under the laws its jurisdiction of organization.

  • Organization; Power and Authority The Company is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation, and is duly qualified as a foreign corporation and is in good standing in each jurisdiction in which such qualification is required by law, other than those jurisdictions as to which the failure to be so qualified or in good standing could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The Company has the corporate power and authority to own or hold under lease the properties it purports to own or hold under lease, to transact the business it transacts and proposes to transact, to execute and deliver this Agreement and the Notes and to perform the provisions hereof and thereof.

  • Power and Authority; Due Authorization The Servicer has all necessary power and authority to (i) execute and deliver this Agreement and the other Transaction Documents to which it is a party and (ii) perform its obligations under this Agreement and the other Transaction Documents to which it is a party and the execution, delivery and performance of, and the consummation of the transactions provided for in, this Agreement and the other Transaction Documents to which it is a party have been duly authorized by the Servicer by all necessary action.

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