Common use of Powers and authority Clause in Contracts

Powers and authority. Each Obligor has the power to enter into and perform, and has taken all necessary action to authorize the entry into and performance of, the Loan Documents to which it is or will be a party and the transactions contemplated by those Loan Documents.

Appears in 9 contracts

Samples: Credit Agreement (Atlas Corp.), Credit Agreement (Atlas Corp.), Credit Agreement (Atlas Corp.)

AutoNDA by SimpleDocs

Powers and authority. Each Obligor has the power to enter into and perform, and has have taken all necessary action corporate actions to authorize authorise the entry into into, performance and performance delivery of, the Loan Finance Documents and/or the Transaction Documents to which it is or will be a party party, and the transactions contemplated by those Loan Documentsherein and therein.

Appears in 7 contracts

Samples: Term Loan Facility Agreement (KNOT Offshore Partners LP), Second Supplemental Agreement, Loan and Guarantee Facility Agreement (KNOT Offshore Partners LP)

Powers and authority. Each Obligor has the power to enter into and perform, and has taken all necessary action to authorize authorise the entry into into, performance and performance delivery of, the Loan Finance Documents to which it is or will be a party and the transactions contemplated by those Loan Finance Documents.

Appears in 4 contracts

Samples: Finance Agreement, Credit Facilities Agreement (Imperial Tobacco Group PLC), Credit Facilities (Imperial Tobacco Group PLC)

Powers and authority. Each Obligor has the power to enter into and perform, and has taken all necessary action to authorize authorise the entry into and performance of, the Loan Finance Documents to which it is or will be a party and the transactions contemplated by those Loan Finance Documents.

Appears in 3 contracts

Samples: Term Loan Agreement (Fabrinet), Facilities Agreement (Mitcham Industries Inc), Credit Facility Agreement (Photronics Inc)

Powers and authority. Each Obligor has the power to enter into and perform, and has taken all necessary action to authorize authorise the entry into and performance of, the Loan Finance Documents to which it or he is or will be a party and the transactions contemplated by those Loan Finance Documents.

Appears in 2 contracts

Samples: Subscription Agreement, Subscription Agreement

Powers and authority. Each Obligor has the power to enter into and perform, and has taken all necessary action to authorize authorise the entry into into, performance and performance delivery of, the Loan Senior Finance Documents to which it is or will be a party and the transactions contemplated by those Loan Senior Finance Documents.

Appears in 1 contract

Samples: Facility Agreement (Polska Telefonia Cyfrowa Sp Zoo)

AutoNDA by SimpleDocs

Powers and authority. Each It and each other Obligor has the power to enter into and perform, and has taken all necessary action to authorize authorise the entry into into, performance and performance of, delivery of the Loan Finance Documents to which it is or will be a party and the transactions contemplated by those Loan the Finance Documents.

Appears in 1 contract

Samples: Loan Agreement

Powers and authority. Each Obligor has the power to enter into and perform, and has taken all necessary action actions to authorize authorise the entry into and performance of, the Loan Finance Documents to which it is or will be a party and the transactions contemplated by those Loan Finance Documents.

Appears in 1 contract

Samples: Term Loan Agreement (Kadant Inc)

Powers and authority. Each Obligor has the power to enter into and perform, and has taken all necessary action to authorize authorise the entry into and performance of, the Loan Finance Documents to which it is or will be a party and has the power to perform the transactions contemplated by those Loan Finance Documents.

Appears in 1 contract

Samples: Credit Facilities Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!