Common use of Powers and authority Clause in Contracts

Powers and authority. It has the power to enter into, perform and deliver, and has taken all necessary corporate and other action to authorise the execution, delivery and performance by it of each of the Transaction Documents to which it is or will be a party, and each such Transaction Document has been duly executed and delivered by it.

Appears in 80 contracts

Samples: Mortgage Sale Agreement, Mortgages Trust Deed, Mortgage Sale Agreement

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Powers and authority. It has the power to enter into, perform and deliver, and has taken all necessary corporate and other action to authorise the execution, delivery and performance by it of of, each of the Transaction Documents to which it is or will be a party, and each such Transaction Document has been duly executed and delivered by it.

Appears in 21 contracts

Samples: Master Intercompany Loan Agreement, Master Intercompany Loan Agreement, Master Intercompany Loan Agreement

Powers and authority. It has the power to enter into, perform and deliver, and has taken all necessary corporate and other action to authorise the execution, delivery and performance by it of each of the Transaction Documents to which it is or will be a party, and each such Transaction Document has been duly executed and delivered by it.

Appears in 7 contracts

Samples: Intercompany Loan Agreement, Intercompany Loan Agreement, Intercompany Loan Agreement

Powers and authority. It has the power to enter into, perform and deliver, and has taken all necessary corporate and other action to authorise the execution, delivery and performance by it of each of the Transaction Documents to which it is or will be a partyparty in its capacity as Issuer Cash Manager, and each such Transaction Document has been duly executed and delivered by it.

Appears in 2 contracts

Samples: Issuer Cash Management Agreement, Issuer Cash Management Agreement

Powers and authority. It has the power to enter into, perform and deliver, and has taken all necessary corporate and other action to authorise the execution, delivery and performance by it of each of the Transaction Documents to which it is or will be a party, in its capacity as Trust Property Cash Manager and each such Transaction Document has been duly executed and delivered by it.

Appears in 2 contracts

Samples: Trust Property Cash Management Agreement, Trust Property Cash Management Agreement

Powers and authority. It has the power to enter into, perform into and deliverperform, and has taken all necessary corporate and other action to authorise the executionentry into, performance and delivery and performance by it of each of of, the Transaction Documents to which it is or will be a party, party and each such the transactions contemplated by those Transaction Document has been duly executed and delivered by itDocuments.

Appears in 1 contract

Samples: Master Lease Purchase Agreement (Viatel Inc)

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Powers and authority. It it has the power to enter intoexecute, deliver and perform and deliverits obligations, and has taken all necessary corporate to carry out the transactions contemplated by, this Lease and the other action to authorise the execution, delivery and performance by it of each of the Transaction Lease Documents to which it is or will be a party, party in whatever capacity and each such Transaction Document all necessary corporate and other action has been duly executed or will be taken to authorise the execution, delivery and delivered by it.performance of the same;

Appears in 1 contract

Samples: Head Lease Agreement (Globalsantafe Corp)

Powers and authority. It has the power to enter into, perform into and deliverperform, and has taken all necessary corporate and other action to authorise the executionentry into, performance and delivery and performance by it of of, each of the Transaction Documents Document to which it is or will be a party, party and each such the transactions contemplated by those Transaction Document has been duly executed and delivered by itDocuments.

Appears in 1 contract

Samples: Revolving Credit Facility (Toreador Resources Corp)

Powers and authority. It has the power to enter into, perform and deliver, and has taken all necessary corporate and other action to authorise the execution, delivery and performance by it of each of the Transaction Documents to which it is or will be a partyparty in its capacity as Mortgage Administrator, and each such Transaction Document has been duly executed and delivered by it.

Appears in 1 contract

Samples: Mortgage Administration Agreement

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