Common use of Power Clause in Contracts

Power. Buyer has all requisite power and authority to carry on its business as presently conducted. The execution and delivery of this Agreement does not, and the fulfillment of and compliance with the terms and conditions hereof will not, as of the Closing Date, violate, or be in conflict with, any material provision of Buyer’s governing documents, or any material provision of any agreement or instrument to which Buyer is a party or by which it is bound, or any judgment, decree, order, statute, rule or regulation applicable to Buyer.

Appears in 11 contracts

Samples: Lease Acquisition Agreement, Purchase and Sale Agreement (Carbon Natural Gas Co), Asset Purchase and Sale Agreement (Samson Oil & Gas LTD)

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Power. Buyer has all requisite power and authority to carry on its business as presently conductedconducted and to execute, deliver and perform this Agreement and all documents required to be executed and delivered by Buyer at Closing. The execution execution, delivery and delivery performance of this Agreement does not, (and the fulfillment of such documents) do and compliance with the terms and conditions hereof will not, as of the Closing Date, not violate, or be in conflict with, any material provision of Buyer’s governing documents, documents or any material provision provisions of any material agreement or instrument to which Buyer it is a party or by which it is bound, or any judgment, decree, order, statute, rule or regulation applicable to Buyer.

Appears in 6 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement (Memorial Production Partners LP)

Power. Buyer has all requisite power and authority to carry on its business as presently conducted. The execution and delivery of this Agreement does not, and the fulfillment of and compliance with the terms and conditions hereof will not, as of the Closing DateClosing, violate, or be in conflict with, any material provision of Buyer’s 's governing documents, or any material provision of any agreement or instrument to which Buyer is a party or by which it is bound, or or, any judgment, decree, order, statute, rule or regulation applicable to Buyer.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Empire Petroleum Corp), Purchase and Sale Agreement (Petroleum Development Corp)

Power. Buyer has all requisite power and authority to carry on its business as presently conducted. The execution and delivery of this Agreement does not, and the fulfillment of and compliance with the terms and conditions hereof will not, as of the Closing DateClosing, violate, or be in conflict with, any material provision of Buyer’s governing documents, or any material provision of any agreement or instrument or, to which Buyer is a party or by which it is boundBuyer’s Knowledge, or any judgment, decree, order, statute, rule or regulation applicable to Buyer.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Kodiak Oil & Gas Corp)

Power. Buyer has all requisite power and authority to carry on its business as presently conducted. The execution and delivery of this Agreement does not, and the fulfillment of and compliance with the terms and conditions hereof will not, as of the Closing DateClosing, violate, or be in conflict with, any material provision of Buyer’s governing documents, or any material provision of any agreement or instrument or, to which Buyer is a party or by which it is boundthe Buyer’s Knowledge, or any judgment, decree, order, statute, rule or regulation applicable to Buyer.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Delta Petroleum Corp/Co), Purchase and Sale Agreement (Delta Petroleum Corp/Co)

Power. Buyer has all requisite corporate power and authority to carry on its business as presently conducted, to enter into this Agreement and each of the documents contemplated to be executed by Buyer at Closing, and to perform its obligations under this Agreement and under such documents. The execution and delivery of this Agreement does not, and the fulfillment of and compliance with the terms and conditions hereof will not, as consummation of the Closing Date, Transaction will not violate, or nor be in conflict with, (i) any material provision of Buyer’s governing documentscertificate of incorporation or bylaws, or any material provision of (ii) any agreement or instrument to which Buyer is a party or by which it is bound, or (iii) any judgment, decree, order, statute, rule or regulation applicable to Buyer.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Aspen Exploration Corp), Purchase and Sale Agreement (Venoco, Inc.)

Power. Buyer has all requisite power and authority to carry on its business as presently conducted. The execution and delivery of this Agreement does not, and the fulfillment of and compliance with the terms and conditions hereof will not, as of the Closing DateClosing, violate, or be in conflict with, any material provision of Buyer’s governing documents, or any material provision of any agreement or instrument to which Buyer is a party or by which it is bound, or any judgment, decree, order, statute, rule or regulation applicable to Buyer.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Legacy Reserves Lp)

Power. Buyer has all requisite power and authority to carry on its business as presently conducted. The execution and delivery of this Agreement does not, and the fulfillment of and compliance with the terms and conditions hereof will not, as of the Closing Date, violate, or be in conflict with, any material provision of Buyer’s 's governing documents, or any material provision of any agreement or instrument to which Buyer is a party or by which it is bound, or any judgment, decree, order, statute, rule or regulation applicable to Buyer.

Appears in 2 contracts

Samples: Lease Acquisition Agreement, Lease Acquisition Agreement (Mainland Resources Inc.)

Power. Buyer has all requisite power and authority to carry on its business as presently conductedconducted and to execute, deliver and perform this Agreement and all documents required to be executed and delivered by Xxxxx at Closing. The execution execution, delivery and delivery performance of this Agreement does not, (and the fulfillment of such documents) do and compliance with the terms and conditions hereof will not, as of the Closing Date, not violate, or be in conflict with, any material provision of Buyer’s governing documents, documents or any material provision provisions of any material agreement or instrument to which Buyer it is a party or by which it is bound, or any judgment, decree, order, statute, rule or regulation applicable to Buyer.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement

Power. Buyer has all requisite power and authority to carry on its business as presently conductedconducted and to enter into this Agreement. The execution and delivery of this Agreement does not, and consummation of this Transaction and the fulfillment of and compliance with the terms and conditions hereof will not, as of the Closing Date, not violate, or be in conflict with, any material provision of Buyer’s its governing documents, documents or any material provision of any agreement or instrument to which Buyer it is a party or by which it is bound, or or, any judgment, decree, order, statute, rule or regulation applicable to Buyerit.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Ausam Energy Corp), Purchase and Sale Agreement (Ausam Energy Corp)

Power. Buyer Purchaser has all requisite power and authority to carry on its business as presently conductedconducted and to enter into this Agreement. The execution and delivery of this Agreement does not, and the fulfillment of and compliance with the terms and conditions hereof will not, as of the Closing DateClosing, violate, or be in conflict with, any material provision of Buyer’s its governing documents, when applicable, or any material provision of any agreement or instrument to which Buyer it is a party or by which it is bound, or to any judgment, decree, order, statute, rule or regulation applicable to Buyerit.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Questar Market Resources Inc), Membership Interest Purchase Agreement (Teton Petroleum Co)

Power. Buyer has all requisite power and authority to carry on its business as presently conductedconducted and to enter into this Agreement and to consummate the Transaction. The execution and delivery of this Agreement does not, and consummation of the Transaction and the fulfillment of and compliance with the terms and conditions hereof will not, as of the Closing Date, not violate, or be in conflict with, any material provision of Buyer’s its governing documents, documents or any material provision of any agreement or instrument to which Buyer it is a party or by which it is bound, or or, to its knowledge, any judgment, decree, order, statute, rule or regulation applicable to Buyerit.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bill Barrett Corp)

Power. Buyer has all requisite power and authority to carry on its business as presently conducted. The execution and delivery of this Agreement does not, and the fulfillment of and compliance with the terms and conditions hereof will not, as of the Closing DateClosing, violate, or be in conflict with, any material provision of Buyer’s 's governing documents, or any material provision of any agreement or instrument to which Buyer is a party or by which it is bound, or any judgment, decree, order, statute, rule or regulation applicable to Buyer.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Sterling Oil & Gas CO)

Power. Buyer has all requisite power and authority to carry on its business as presently conductedconducted and to enter into this Agreement. The execution and delivery of this Agreement does not, and consummation of the transactions contemplated hereby and the fulfillment of and compliance with the terms and conditions hereof will not, as of the Closing Date, not violate, or nor be in conflict with, any material provision of Buyer’s its organizational documents or other governing documents, documents or any material provision of any agreement or instrument to which Buyer it is a party or by which it is bound, or or, to its knowledge, any judgment, decree, order, statute, rule or regulation applicable to Buyerit.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Ring Energy, Inc.)

Power. Buyer has all requisite power and authority to carry on its business as presently conductedconducted and to enter into this Agreement and to consummate the Transaction. The execution and delivery of this Agreement does not, and consummation of the Transaction and the fulfillment of and compliance with the terms and conditions hereof will not, as of the Closing DateInitial Closing, violate, or be in conflict with, any material provision of Buyer’s its governing documents, or any material provision of any agreement or instrument to which Buyer it is a party or by which it is bound, or any judgment, decree, order, statute, rule or regulation applicable to Buyerit.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Viking Energy Group, Inc.)

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Power. Buyer has all requisite power and authority to carry on its business as presently conducted. The execution and delivery of this Agreement does not, and the fulfillment of and compliance with the terms and conditions hereof will not, as of the Closing Date, violate, or be in conflict with, any material provision of Buyer’s governing documents, or any material provision of any agreement or instrument to which Buyer is a party or by which it is bound, or any judgment, decree, order, statute, rule or regulation applicable to Buyer.

Appears in 1 contract

Samples: Lease Acquisition Agreement (Lilis Energy, Inc.)

Power. Buyer has all requisite power and authority to carry on its business as presently conducted. The execution and delivery of this Agreement does not, and the fulfillment of and compliance with the terms and conditions hereof will not, as of the Closing DateClosing, violate, or be in conflict with, any material provision of Buyer’s governing documentsGoverning Documents, or any material provision of any agreement or instrument or, to which Buyer is a party or by which it is boundthe Buyer’s Knowledge, or any judgment, decree, order, statute, rule or regulation applicable to Buyer.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Endeavour International Corp)

Power. Buyer has all the requisite corporate power and authority to carry on its business as presently conductedconducted and to enter into this Agreement. The execution and delivery of this Agreement does not, and consummation of the transactions contemplated hereby and the fulfillment of and compliance with the terms and conditions hereof will not, as of the Closing Date, not violate, or be in conflict with, any material provision of Buyer’s governing documents, its articles of incorporation or bylaws or any material provision of any agreement or instrument to which Buyer it is a party or by which it is bound, or any judgment, decree, order, statute, rule or regulation applicable to Buyer.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bill Barrett Corp)

Power. Buyer has all requisite power and authority to carry on its business as presently conductedconducted and to enter into and perform its obligations under this Agreement (and all documents required to be executed and delivered by Buyer at Closing). The execution and delivery of this Agreement (and all documents required to be executed and delivered by Xxxxx at Closing) does not, and the fulfillment of and compliance with the terms and conditions hereof and thereof will notnot contravene, as of the Closing Date, violate, violate or be in conflict with, any material provision of Buyer’s organizational or governing documents, or any material provision documents of any agreement or instrument to which Buyer is a party or by which it is bound, or any judgment, decree, order, statute, rule or regulation applicable to Buyer.Buyer.‌

Appears in 1 contract

Samples: Stock and Membership Interest Purchase Agreement

Power. Buyer has all requisite power and authority to carry on its business as presently conductedconducted and to enter into this Agreement. The execution and delivery of this Agreement does not, and consummation of the transactions contemplated hereby and the fulfillment of and compliance with the terms and conditions hereof will not, as of the Closing Date, not violate, or be in conflict with, any material provision of Buyer’s its organizational or governing documents, or any material provision of any agreement or instrument to which Buyer is a party or by which it is bound, or any judgment, decree, order, statute, rule or regulation applicable to Buyer.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Plains Exploration & Production Co)

Power. Buyer has all requisite power and authority to carry on its business as presently conducted. The execution and delivery of this Agreement does not, and the fulfillment of and compliance with the terms and conditions hereof will not, as of the Closing DateClosing, violate, or be in conflict with, any material provision of Buyer’s governing documents, or any material provision of any agreement or instrument to which Buyer is a party or by which it is bound, or or, to the Buyer’s knowledge, any judgment, decree, order, statute, rule or regulation applicable to Buyer.

Appears in 1 contract

Samples: Purchase and Sale Agreement (New Frontier Energy Inc)

Power. Buyer has all requisite power and authority to carry on its business as presently conductedconducted and to enter into this Agreement. The execution and delivery of this Agreement does not, and consummation of the transactions contemplated hereby and the fulfillment of and compliance with the terms and conditions hereof will not, as of the Closing Date, not violate, or nor be in conflict with, any material provision of Buyer’s its partnership agreement or other governing documents, documents or any material provision of any agreement or instrument to which Buyer it is a party or by which it is bound, or or, to its knowledge, any judgment, decree, order, statute, rule or regulation applicable to Buyerit.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bill Barrett Corp)

Power. Buyer has all requisite power and authority to carry on its business as presently conductedconducted and to execute and deliver this Agreement and perform its obligations under this Agreement. The execution and delivery of this Agreement does not, and consummation of the transactions contemplated by this Agreement and the fulfillment of and compliance with the terms and conditions hereof will not, as of the Closing Date, not violate, or be in conflict with, any material provision of Buyer’s its governing documents, documents or any material provision of any agreement or instrument to which Buyer it is a party or by which it is bound, or or, to its knowledge, any judgment, decree, order, statute, rule or regulation applicable to Buyerit.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Hyperdynamics Corp)

Power. Buyer has all requisite corporate power and authority to carry on its business as presently conductedconducted and to enter into this Agreement and the Transfer Documents and to perform its obligations hereunder and thereunder. The execution and delivery of this Agreement does or the Transfer Documents do not, and the fulfillment of and compliance with the terms and conditions hereof will not, as of the Closing Datecontravene, violate, or be in conflict with, any material provision of its organizational or governing documents or resolutions adopted by Buyer’s governing documents, or any material provision of any agreement or instrument to which Buyer is a party or by which it is bound, or any judgment, decree, order, statute, rule or regulation applicable to Buyerbody.

Appears in 1 contract

Samples: Asset Purchase Agreement (CNX Gas CORP)

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