POWER AND AUTHORITY TO ENTER Sample Clauses

POWER AND AUTHORITY TO ENTER. INTO AGREEMENT; FURTHER ASSURANCES. PGP --------------------------------------------------------------- is fully authorized to enter into and perform this Agreement, and PGP is fully authorized to purchase the Raton Basin Assets. The consummation of this Agreement will not violate or conflict with any governmental order, judgment or decree applicable to PGP. This Agreement has been duly executed and delivered on behalf of PGP, and at the Closing, all documents and instruments required hereunder to be executed and delivered by PGP will be duly authorized, executed and delivered. PGP shall furnish at Closing the consents of all parties whose consents are required under POP's partnership agreement; a resolution of POP's partners and Petroglyph Energy, Inc.'s Board of Directors authorizing the execution of this Agreement and all documents and instruments required hereunder, and a certificate of Petroglyph Energy, Inc.'s Secretary identifying Petroglyph Energy, Inc.'s officers.
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POWER AND AUTHORITY TO ENTER. INTO THIS AGREEMENT
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POWER AND AUTHORITY TO ENTER. Into Agreement; Further Assurances. ---------------------------------------------------------------- Inland is fully authorized to enter into and perform this Agreement and to convey or cause to be conveyed all of its rights, title and interest in the Duchesne/Antelope Creek Assets. The consummation of this Agreement will not violate or conflict with any governmental order, judgment or decree applicable to Inland. This Agreement has been duly executed and delivered on behalf of Inland, and at the Closing, all documents and instruments required hereunder to be executed and delivered by Inland will be duly authorized, executed and delivered. Inland shall furnish at Closing a resolution of its Board of Directors authorizing the execution of this Agreement and all documents and instruments required hereunder, together with a certificate of Inland's Secretary identifying Inland's officers.
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POWER AND AUTHORITY TO ENTER. Into Agreement; Further Assurances. ---------------------------------------------------------------- CEPI is fully authorized to enter into and perform this Agreement. The consummation of this Agreement will not violate or conflict with any governmental order, judgment or decree applicable to CEPI. This Agreement has been duly executed and delivered on behalf of CEPI, and at the Closing, all documents and instruments required hereunder to be executed and delivered by CEPI will be duly authorized, executed and delivered. CEPI shall furnish at Closing a certificate of CEPI's Secretary identifying CEPI's officers.
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POWER AND AUTHORITY TO ENTER. Into Agreement; Further Assurances. PGP ---------------------------------------------------------------- and POCI are fully authorized to enter into and perform this Agreement, and PGP is fully authorized to convey or cause to be conveyed the Net Profits Interest and fifty percent (50%) of its rights, title and interest in the Antelope Creek Assets. The consummation of this Agreement will not violate or conflict with any governmental order, judgment or decree applicable to PGP or POCI. This Agreement has been duly executed and delivered on behalf of PGP and POCI, and at the Closing, all documents and instruments required hereunder to be executed and delivered by PGP and POCI will be duly authorized, executed and delivered. PGP shall furnish at Closing the consents of all parties whose consents are required under PGP's partnership agreement; a resolution of PGP's partners and Petroglyph Energy, Inc.'s Board of Directors authorizing the execution of this Agreement and all documents and instruments required hereunder, and a certificate of Petroglyph Energy, Inc.'s Secretary identifying Petroglyph Energy, Inc.'s officers. POCI shall furnish at Closing a resolution of its Board of Directors authorizing the execution of this Agreement and all documents and instruments required hereunder, and a certificate of POCI's Secretary identifying POCI's officers.
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Related to POWER AND AUTHORITY TO ENTER

  • 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.

  • Corporate Power and Authority; No Conflicts The execution, delivery and performance by Borrower and each Guarantor of the Loan Documents to which it is a party have been duly authorized by all necessary corporate action and do not and will not: (a) require any consent or approval of its stockholders which has not been obtained; (b) contravene its certificate of incorporation or by-laws; (c) violate any provision of, or require any filing (other than the filing of the financing statements contemplated by the Security Documents), registration, consent or approval under any Law (including, without limitation, Regulations T, U and X of the Board of Governors), order, writ, judgment, injunction, decree, determination or award presently in effect having applicability to Borrower or any Guarantor; (d) result in a breach of or constitute a default under or require any consent under any indenture or loan or credit agreement or any other agreement, lease or instrument to which Borrower or any Guarantor is a party or by which it or its properties may be bound or affected; (e) result in, or require, the creation or imposition of any Lien (other than as created under the Security Documents), upon or with respect to any of the properties now owned or hereafter acquired by Borrower or any Guarantor; or (f) cause such corporation to be in default under any such Law, order, writ, judgment, injunction, decree, determination or award or any such indenture, agreement, lease or instrument.

  • Power and Authority of General Partner Subject to the Consent of the Special Limited Partner or the consent of the Limited Partner where required by this Agreement, and subject to the other limitations and restrictions included in this Agreement, the General Partner shall have complete and exclusive control over the management of the Partnership business and affairs, and shall have the right, power and authority, on behalf of the Partnership, and in its name, to exercise all of the rights, powers and authority of a partner of a partnership without limited partners. If there is more than one General Partner, all acts, decisions or consents of the General Partners shall require the concurrence of all of the General Partners. No actions taken without the authorization of all the General Partners shall be deemed valid actions taken by the General Partners pursuant to this Agreement. No Limited Partner or Special Limited Partner (except one who may also be a General Partner, and then only in its capacity as General Partner within the scope of its authority hereunder) shall have any right to be active in the management of the Partnership's business or investments or to exercise any control thereover, nor have the right to bind the Partnership in any contract, agreement, promise or undertaking, or to act in any way whatsoever with respect to the control or conduct of the business of the Partnership, except as otherwise specifically provided in this Agreement.

  • 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.

  • 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.

  • Incorporation; Power and Authority Buyer is a corporation duly organized, validly existing and in good standing under the Laws of its jurisdiction of organization, with all necessary power and authority to execute, deliver and perform this Agreement.

  • 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").

  • 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.

  • Powers and authority It has the power to enter into and perform, and has taken all necessary action to authorise the entry into and performance of, the Finance Documents to which it is or will be a party and the transactions contemplated by those Finance Documents.

  • Company Power and Authority Each Credit Party has the Company power and authority to execute, deliver and carry out the terms and provisions of the Documents to which it is a party and has taken all necessary Company action to authorize the execution, delivery and performance of the Documents to which it is a party. Each Credit Party has duly executed and delivered each Document to which it is a party and each such Document constitutes the legal, valid and binding obligation of such Credit Party enforceable in accordance with its terms, except to the extent that the enforceability thereof may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws generally affecting creditors' rights and by equitable principles (regardless of whether enforcement is sought in equity or at law).

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