Common use of Power and Authority Clause in Contracts

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents.

Power and Authority. It has the power to enter into, perform into and deliverperform, and has taken all necessary action to authorise its entry into, and performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents.

Power and Authority. (a) It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Transaction Documents to which it is or will be a party and the transactions contemplated by those Finance Transaction Documents. (b) No limit on its powers will be exceeded as a result of the borrowing, grant of security or giving of guarantees or indemnities contemplated by the Transaction Documents to which it is a party.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the this Bond Agreement and any other Finance Documents Document to which it is a party and the transactions contemplated by those Finance Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Transaction Documents to which it is a party and the transactions contemplated by those Finance Transaction Documents.

Power and Authority. (a) It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is or will be a party and the transactions contemplated by those Finance Documents. (b) No limit on its powers will be exceeded as a result of the borrowing, grant of security or giving of guarantees or indemnities contemplated by the Finance Documents to which it is a party.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action corporate actions to authorise its entry into, performance into and delivery of, performance, validity and enforceability of the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents.

Power and Authority. It it has the power and authority to enter into, exercise its rights under and perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, obligations under the Finance Transaction Documents to which it is a party and it has taken all necessary action to authorise the transactions contemplated by those Finance Documentsentry into and performance of the Transaction Documents to which it is a party.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise authorize its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Transaction Documents to which it is or will be a party and the transactions contemplated by those Finance Transaction Documents.

Power and Authority. (a) It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents. (b) No limit on its powers will be exceeded as a result of the borrowing, grant of security or giving of guarantees or indemnities contemplated by the Finance Documents to which it is a party.

Power and Authority. (a) It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is or will be a party and the transactions contemplated by those Finance Documents. (b) No limit on its powers will be exceeded as a result of the borrowing or giving of guarantees or indemnities contemplated by the Finance Documents to which it is a party.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery by it of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents.

Power and Authority. It has the organisational power to enter into, perform and deliver, and has taken all necessary organisational action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance DocumentsDocuments and the Finance Documents to which it is a party have been duly executed by it and, where applicable, delivered by it.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated for it by those Finance Documents.

Power and Authority. It has the power to enter into, exercise its rights under, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents.

Power and Authority. It it has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those the Finance Documents.;

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary corporate and other action to authorise its entry into, performance and delivery of, the Finance Transaction Documents to which it is a party and the transactions contemplated by those Finance Transaction Documents.

Power and Authority. It has the power to enter into, perform into and deliverperform, and has taken all necessary action to authorise its entry into, into and performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents.

Power and Authority. It has the power and authority to enter into, perform and deliver, and has taken all necessary action to authorise its the entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents.

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

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary corporate action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise authorize its entry into, performance and delivery of, the Finance Documents to which it is or will be a party and the transactions contemplated by those Finance Documents.

Power and Authority. It has the power to duly enter into, perform and deliver, exercise the rights and perform the obligations under the Financing Documents and has taken all necessary action to authorise its duly entry into, into and performance and delivery of, of each of the Finance Financing Documents to which it is a party and the transactions contemplated by those Finance Documentsthereunder.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action actions to authorise its entry into, performance and delivery of, the Finance Documents and Transaction Documents to which it is a party and the transactions contemplated by those Finance Documents and Transaction Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those the Finance Documents.;

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the Contract and the transactions contemplated by those Finance DocumentsDocuments and the Contract.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Transaction Documents to which it is a party and the transactions contemplated by those Finance the Transaction Documents.

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

Power and Authority. It has the power to enter into, into and perform and deliverits obligations under, and has taken all necessary action to authorise its entry into, into and performance and delivery of, of its obligations under the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents.

Power and Authority. It has the power to enter into, perform and deliver, deliver those Finance Documents to which it is a party and has taken all necessary corporate and other action required to authorise its the entry into, performance and delivery of, the of those Finance Documents to which it is a party and the transactions contemplated by those Finance Documents.

Power and Authority. It has the power to enter into, perform into and deliverperform, and has taken all necessary action to authorise its entry into, into and performance and delivery of, of the Finance Transaction Documents to which it is or will be a party and the transactions contemplated by those Finance DocumentsTransaction Documents to which it is a party.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance DocumentsDocuments and no limits on its powers will be exceeded or breached as a result.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents Loan Document to which it is a party and the transactions contemplated by those Finance Documentsparty.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action actions to authorise its entry into, performance into and delivery of, performance, validity and enforceability of the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the this Bond Terms and any other Finance Documents Document to which it is a party and the transactions contemplated by those Finance Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the this Indemnification Agreement and all other Finance Documents to which it is a party party, and the transactions contemplated by those this Indemnification Agreement and all other Finance Documents.

Power and Authority. It has the requisite power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents.

Power and Authority. It has the power to enter into, into and perform and deliver, and has taken all necessary action to authorise its entry into, into and performance and delivery of, the Finance Transaction Documents to which it is a party and the transactions contemplated by those Finance Transaction Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance DocumentsDocument.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those such Finance Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those the Finance Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise authorize its entry into, performance and delivery of, the Finance Documents and the Master Agreements to which it is a party and the transactions contemplated by those Finance DocumentsDocuments and the Master Agreements.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Equity Transaction Documents to which it is a party and the transactions contemplated by those Finance Equity Transaction Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, each of the Finance Documents to which it is a party or will be a party and to carry out the transactions contemplated by those Finance Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents. No limit on its powers will be exceeded as a result of such entry, delivery or performance.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Fi­nance Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Facility Documents to which it is a party and the transactions contemplated by those Finance Facility Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action actions to authorise its entry into, performance and delivery of, the Finance Transaction Documents to which it is a party and the transactions contemplated by those Finance Transaction Documents.

Power and Authority. It has (or will have by the time of execution of the relevant Finance Document) the power to enter into, perform and deliver, and has taken (or will have taken prior to the time of execution) all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which entered into by it is a party and its performance of the transactions contemplated by those Finance Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documentsparty.

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

Power and Authority. It has the power to enter into, perform and deliver, deliver and has taken all necessary action to authorise its entry into, performance and delivery of, of the Finance Transaction Documents to which it is a party and the transactions contemplated by those Finance Transaction Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance DocumentsDocuments and the Acquisition Agreement.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the this Counter Indemnity Agreement and all other Finance Documents to which it is a party party, and the transactions contemplated by those this Counter Indemnity Agreement and all other Finance Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its the entry into, performance and delivery of, the : (a) each Finance Documents Document to which it is a party and the transactions contemplated by those Finance Documents; and (b) the Qoros Loan Agreements and Qoros Security Agreement and the transactions contemplated by the Qoros Loan Agreements and Qoros Security Agreement.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents. 21.5.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action actions to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents.Transaction BD-#34696673-v11 52

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise authorize its entry into, performance and delivery of, the Finance Relevant Documents to which it is a party and the transactions contemplated by those Finance Relevant Documents.

Power and Authority. It has the power to enter into, perform into and deliverperform, and has taken all necessary action to authorise its entry into, into and performance and delivery of, the Supplemental Finance Documents to which it is a party and the transactions contemplated by those the Supplemental Finance Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those the Finance Documents.Documents to which it is party;

Power and Authority. It it has the full power and capacity, authority and legal right to enter into, perform into and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, engage in the transactions contemplated by the Finance Documents to which it is a party and has taken or obtained all necessary corporate and other action and consents to authorise the transactions contemplated by those execution and performance of the Finance Documents.Documents to which it is a party;

Power and Authority. It has the power to enter into, perform into and deliverperform, and has taken all necessary action to authorise its entry into, and performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documentstherein.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents.;

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and, in the case of the Companies, the Company Parent Guarantee to which it is a party and the transactions contemplated by those Finance DocumentsDocuments and, in the case of the Companies, the Company Parent Guarantee to which it is a party.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its the entry into, performance and delivery of, the : (a) each Finance Documents Document to which it is a party and the transactions contemplated by those Finance Documents; and (b) the Qoros Loan Agreement and Qoros Security Agreement and the transactions contemplated by the Qoros Loan Agreement and Qoros Security Agreement.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Transaction Documents to which it is a party Party and the transactions contemplated by those Finance Transaction Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and its obligations under or in respect of the transactions contemplated by those Finance Documents.

Power and Authority. 22.7.1 It has the power to enter into, perform and deliver, and has taken all necessary action (including obtaining any necessary consents or the like) to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documentsdocuments.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Relevant Documents to which it is a party and the transactions contemplated by those Finance Relevant Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents and the Bridge Finance Documents to which it is a party and the transactions contemplated by those Finance Documents and Bridge Finance Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance DocumentsDocuments and no limitation on its powers or those of its directors shall be exceeded as a result of the drawdown of any Loan or utilisation of the Facilities.

Power and Authority. It has the power and legal capacity to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, into and performance and delivery of, of the New Finance Documents to which it is a party and the transactions contemplated by those the New Finance Documents.

Power and Authority. It has the power to enter into, perform into and deliverperform, and has taken all necessary action to authorise authorize its entry into, into and performance and delivery of, the Finance Transaction Documents to which it is a party and the transactions contemplated by those Finance Transaction Documents.

Power and Authority. It has the power to enter into, perform and deliver, deliver and has taken all necessary action to authorise its entry into, the delivery and performance and delivery of, of the Finance Documents to which it is a party and the transactions contemplated by those the Finance Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, this Agreement and the other Finance Documents being entered into in connection with this Agreement to which it is or will be a party to and the transactions contemplated by those Finance Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Transaction Documents to which it is a party and the transactions contemplated by those Finance Documentsparty.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance DocumentsDocuments provided that a Utilisation under this Agreement may require an Approval.

Power and Authority. It has has/will have the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Transaction Documents to which it is a party and the transactions contemplated by those Finance DocumentsParty.

Power and Authority. It has the power to enter into, perform into and deliverperform, and has taken all necessary action to authorise its entry into, and performance and delivery of, the Finance Transaction Documents to which it is a party and the transactions contemplated by those Finance Transaction Documents.

Power and Authority. It it has the power full power, authority and legal right to enter into, perform into and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, engage in the transactions contemplated by the Finance Documents to which it is a party and has taken or obtained all necessary corporate and other action and consents to authorise the transactions contemplated by those execution and performance of the Finance Documents.Documents to which it is a party;

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and, in the case of the Guarantors, the Deed Poll Guarantees to which they are a party and the transactions contemplated by those Finance DocumentsDocuments and, in the case of the Guarantors, the Deed Poll Guarantees to which they are a party.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents.. ​ ​

Power and Authority. (a) It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents. (b) The Account Party has the authority to carry on underwriting business at Lloyd’s.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the Commercial Contract and the transactions contemplated by those Finance DocumentsDocuments and the Commercial Contract.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action actions to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents.

Power and Authority. (a) It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise authorize its entry into, performance and delivery of, the Finance Documents to which it is a party and the Commercial Contract and the transactions contemplated by those Finance DocumentsDocuments and the Commercial Contract.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents, provided that a Utilisation under this Agreement may require an Approval.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise authorize its entry into, performance and delivery of, the Finance Credit Documents to which it is a party and the transactions contemplated by those Finance Credit Documents.

Power and Authority. It has the power and authority to enter into, execute and perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents Documents, to which it is or will become a party party, and to enter into and perform the legally binding transactions contemplated therein, and it has taken any and all action required under company law and other steps in order to approve the execution and performance of the Finance Documents and the legally binding transactions contemplated by those Finance Documentstherein.

Power and Authority. It has has/ will have the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Transaction Documents to which it is a party and the transactions contemplated by those Finance DocumentsParty.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those the Finance Documents.

Power and Authority. It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, and performance and delivery of, the Finance Documents to which it is a party and the transactions contemplated by those Finance Documents.

Power and Authority. It (and so far as it is aware, the other parties to the Finance Documents (other than the Finance Parties) and the Operative Documents) has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, the Finance Documents and Operative Documents to which it is a party and the transactions contemplated by those Finance Documents and Operative Documents.