Common use of Power To Carry On Business Clause in Contracts

Power To Carry On Business. each of the Loan Parties has full corporate, partnership or trust power and capacity, as applicable, to own and lease its properties and assets and conduct its business as presently conducted;

Appears in 5 contracts

Samples: Credit Agreement (PENGROWTH ENERGY Corp), Credit Agreement (PENGROWTH ENERGY Corp), Credit Agreement (PENGROWTH ENERGY Corp)

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Power To Carry On Business. each of the Loan Parties has full corporate, partnership or trust power and capacity, as applicable, to own and lease its properties and assets and conduct its business as presently conductedconducted and, in the case of the Borrower and AcquisitionCo, to complete the Acquisition;

Appears in 1 contract

Samples: Credit Agreement (Pengrowth Energy Trust)

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