Common use of Power to Execute Clause in Contracts

Power to Execute. The Guarantor hereby warrants, represents and covenants with each Holder that it has all corporate power, and has taken all necessary corporate or other steps, to enable it to execute, deliver and perform this Guarantee, and that this Guarantee constitutes a legal, valid and binding obligation of the Guarantor enforceable in accordance with its terms.

Appears in 9 contracts

Samples: Guarantee, Guarantee, Guarantee

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Power to Execute. The Guarantor hereby warrants, represents and covenants with each the Holder of this Security that it has all corporate power, and has taken all necessary corporate or other steps, to enable it to execute, deliver and perform this Guarantee, and that this Guarantee constitutes a legal, valid and binding obligation of the Guarantor enforceable in accordance with its terms.

Appears in 4 contracts

Samples: Indenture (BBVA International Preferred, S.A. Unipersonal), Paying Agency Agreement (Banco Bilbao Vizcaya Argentaria, S.A.), Indenture (Bbva Subordinated Capital, S.A. Unipersonal)

Power to Execute. The Guarantor hereby warrants, represents and covenants with each Relevant Account Holder that it has all corporate power, and has taken all necessary corporate or other steps, to enable it to execute, deliver and perform this Guarantee, and that this Guarantee constitutes a legal, valid and binding obligation of the Guarantor enforceable in accordance with its terms.

Appears in 3 contracts

Samples: Euro Medium Term Note Programme, Euro Medium Term Note Programme, Euro Medium Term Note Programme

Power to Execute. The Guarantor hereby warrants, represents and covenants with each Holder that it has all corporate power, and has taken all necessary corporate or other steps, to enable it to execute, deliver and perform this GuaranteeGuaranty, and that this Guarantee Guaranty constitutes a legal, valid and binding obligation of the Guarantor enforceable in accordance with its terms.

Appears in 1 contract

Samples: Lease Agreement (Chiron Corp)

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Power to Execute. The Guarantor hereby warrants, represents and covenants with each Holder that it has all corporate power, and that it has taken all necessary corporate or other steps, to enable it to execute, deliver and perform this Deed of Guarantee, and that this Deed of Guarantee constitutes a legal, valid and binding obligation of the Guarantor enforceable in accordance with its terms.

Appears in 1 contract

Samples: Deed of Guarantee

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