Common use of Representation and Warranties of each of the Buyers Clause in Contracts

Representation and Warranties of each of the Buyers. Each of the Buyers, severally, and not jointly, represents and warrants to the Company that (a) such Buyer is a validly existing limited partnership and has the requisite limited partnership power and authority to enter into and perform its obligations under this Agreement, and (b) this Agreement has been duly and validly authorized, executed and delivered on behalf of such Buyer and is a valid and binding agreement of such Buyer, enforceable against such Buyer in accordance with its terms.

Appears in 3 contracts

Samples: June 2008 Amendment Agreement (South Texas Oil Co), Senior Notes and Purchase Agreement (South Texas Oil Co), September 2008 Waiver and Amendment (South Texas Oil Co)

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Representation and Warranties of each of the Buyers. Each of the Buyers, severally, and not jointly, represents and warrants to the Company that (a) such Buyer is a validly existing limited partnership and has the requisite limited partnership power and authority to enter into and perform its obligations under this Agreement and the Intercreditor Agreement, and (b) each of this Agreement and the Intercreditor Agreement has been duly and validly authorized, executed and delivered on behalf of such Buyer and is a valid and binding agreement of such Buyer, enforceable against such Buyer in accordance with its terms.

Appears in 1 contract

Samples: June 2009 Waiver and Amendment Agreement (South Texas Oil Co)

Representation and Warranties of each of the Buyers. Each of the Buyers, severally, and not jointly, Buyers represents and warrants to the Company that (a) such Buyer is a validly existing corporation, partnership, limited partnership liability company or other entity and has the requisite corporate, partnership, limited partnership liability or other organizational power and authority to enter into and perform its obligations under this Agreement, and (b) this Agreement has been duly and validly authorized, executed and delivered on behalf of such Buyer and is a valid and binding agreement of such Buyer, enforceable against such Buyer in accordance with its terms.

Appears in 1 contract

Samples: November 2007 Amendment Agreement (Galaxy Energy Corp)

Representation and Warranties of each of the Buyers. Each of the Buyers, severally, jointly and not jointlyseverally, represents and warrants to the Company that (a) with respect to such Buyer Buyer, it is a validly existing corporation, partnership, limited partnership liability company or other entity and has the requisite corporate, partnership, limited partnership liability or other organizational power and authority to enter into and perform its obligations under this Agreement, and (b) this . This Agreement has been duly and validly authorized, executed and delivered on behalf of such Buyer and is a valid and binding agreement of such Buyer, enforceable against such Buyer in accordance with its terms.

Appears in 1 contract

Samples: October 2007 Amendment and Agreement (Galaxy Energy Corp)

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Representation and Warranties of each of the Buyers. Each of the Buyers, severally, and not jointly, represents and warrants to the Company that (a) such Buyer is a validly existing limited partnership and has the requisite limited partnership power and authority to enter into and perform its obligations under this AgreementAgreement and the Intercreditor Agreement Amendment, and (b) each of this Agreement and the Intercreditor Agreement Amendment has been duly and validly authorized, executed and delivered on behalf of such Buyer and is a valid and binding agreement of such Buyer, enforceable against such Buyer in accordance with its terms.

Appears in 1 contract

Samples: June 2009 Waiver and Amendment Agreement (South Texas Oil Co)

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