Common use of Powers and Authorizations Clause in Contracts

Powers and Authorizations. the documents which contain or establish its constitution include provisions which give power, and all necessary authority has been obtained and action taken, for it to own its assets, carry on its business and operations as they are now being conducted and to sign and deliver, and perform the transactions contemplated in, the Transaction Documents to which it is a party;

Powers and Authorizations. the documents which contain or establish its constitution include provisions which give power, and all necessary corporate authority has been obtained and action taken, for it to own its assets, carry on its business and operations as they are now being conducted and to sign and deliver, and perform the transactions contemplated in, the Transaction Documents to which it is a party;

Powers and Authorizations. the documents which contain or establish its constitution include provisions which give power, and all necessary limited liability corporate authority has been obtained and action taken, for it to own its assets, carry on its business and operations as they are now being conducted and to sign and deliver, and perform the transactions contemplated in, in the Silver Transaction Documents to which it is a party;