Common use of Representations and Warranties of PEC and PDC Clause in Contracts

Representations and Warranties of PEC and PDC. PEC and PDC hereby jointly and severally represent and warrant to C Ezzexx xxxt: (i) they have all requisite power to enter into and perform their obligations under this Agreement; (ii) this Agreement has been duly and validly authorized by all necessary corporate action on the part of PEC and PDC; (iii) the execution of this Agreement by PEC and PDC and performance of their obligations hereunder do not require the consent or approval of any other party; and (iv) this Agreement is a valid and binding obligation of PEC and PDC.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Patterson Energy Inc), Non Competition Agreement (Patterson Energy Inc)

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Representations and Warranties of PEC and PDC. PEC and PDC hereby jointly and severally represent and warrant to C Ezzexx D Muxxxx xxxt: (i) they have all requisite power to enter into and perform their obligations under this Agreement; (ii) this Agreement has been duly and validly authorized by all necessary corporate action on the part of PEC and PDC; (iii) the execution of this Agreement by PEC and PDC and performance of their obligations hereunder do not require the consent or approval of any other party; and (iv) this Agreement is a valid and binding obligation of PEC and PDC.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Patterson Energy Inc), Non Competition Agreement (Patterson Energy Inc)

Representations and Warranties of PEC and PDC. PEC and PDC hereby jointly and severally represent and warrant to C Ezzexx M Greaxxxxxx xxxt: (i) they have all requisite power to enter into and perform their obligations under this Agreement; (ii) this Agreement has been duly and validly authorized by all necessary corporate action on the part of PEC and PDC; (iii) the execution of this Agreement by PEC and PDC and performance of their obligations hereunder do not require the consent or approval of any other party; and (iv) this Agreement is a valid and binding obligation of PEC and PDC.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Patterson Energy Inc), Non Competition Agreement (Patterson Energy Inc)

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Representations and Warranties of PEC and PDC. PEC and PDC hereby jointly joint and severally represent and warrant to C Ezzexx Wes-Xxx xxxt: (i) they have it has all requisite power to enter into and perform their obligations under this Agreement; (ii) this Agreement has been duly and validly authorized by all necessary corporate action on the part of PEC and PDC; (iii) the execution of this Agreement by PEC and PDC and performance of their obligations hereunder do not require the consent or approval of any other party; and (iv) this Agreement is a valid and binding obligation of PEC and PDC.

Appears in 1 contract

Samples: Non Competition Agreement (Patterson Energy Inc)

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