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. 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.

  • Corporate Power and Authority Each 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.

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