Representations and Warranties Regarding Authority. Subtenant and Sublandlord hereby represent and warrant to the other party that (i) each person signing this Sublease on their behalf is duly authorized to execute and deliver this Sublease on their behalf, (ii) the execution, delivery and performance of this Sublease has been duly and validly authorized in accordance with the articles of incorporation, bylaws and other organizational documents of such party, (iii) such party is duly organized and in good standing under the laws of their State of incorporation and (iv) upon the execution and delivery of this Sublease, this Sublease shall be binding and enforceable against such party in accordance with its terms.
Representations and Warranties Regarding Authority. The Seller and the Purchaser each hereby represents and warrants to the other that this Agreement and all documents or instruments executed by them which are to be delivered at or prior to the Closing are, or on the Closing Date will be, duly authorized, executed and delivered by the Seller or the Purchaser, as applicable.
Representations and Warranties Regarding Authority. (a) Pursuant to PTO 8, the PSC has explored settlement opportunities with Transocean and pursuant to such authority, with approval of the PSC, Co-Liaison Counsel have been given the authority to execute this SA on behalf of the putative New Class. This SA has been duly and validly executed and delivered by the PSC, and constitutes a legal, valid and binding obligation of the New Class.
(b) DHEPDS Class Counsel on behalf of the DHEPDS Class represents and warrants that they have authority to enter into this SA on behalf of the DHEPDS Class. This SA has been duly and validly executed and delivered by DHEPDS Class Counsel, and constitutes a legal, valid and binding obligation of the DHEPDS Class, subject to Court approval.
(c) Transocean represents and warrants that it has all requisite corporate power and authority to execute, deliver and perform this SA. The execution, delivery, and performance by Transocean of this SA has been duly authorized by all necessary corporate action. This SA has been duly and validly executed and delivered by Transocean, and constitutes its legal, valid and binding obligation, subject to Court approval. The Parties have caused this Agreement to be duly executed, as of the date first written above. TRANSOCEAN OFFSHORE DEEPWATER DRILLING INC., TRANSOCEAN DEEPWATER INC., TRANSOCEAN HOLDINGS LLC, AND TRITON ASSET LEASING GmbH. By: Name: Xxxx Xxxxxxxx Title: Senior Vice President and General Counsel PLAINTIFFS' CO-LIAISON COUNSEL (FOR THE PSC) By: Name: Xxxxx Xxxxxxxxx Xxx By: Name: Xxxxxxx X. Xxxxxx DHEPDS CO-LEAD CLASS COUNSEL By: Name: Xxxxx Xxxxxxxxx Xxx By: By: Name: Xxxxxxx X. Xxxxxx Attachment A: New Class Release of Transocean Individual Release Attachment B: Assigned Claims Release of Transocean Attachment C: Transocean Release of BP Attachment D: Map of Gulf Coast Areas Maps of Specified/Identified Gulf Waters Case 2:10-md-02179-CJB-SS Document 14644-1 Filed 05/29/15 Page 52 of 53 Case 2:10-md-02179-CJB-SS Document 14644-1 Filed 05/29/15 Page 53 of 53
Representations and Warranties Regarding Authority. (a) Pursuant to PTO 8, the PSC has explored settlement opportunities with XXXX and pursuant to such authority, with approval of the PSC, Co-Liaison Counsel have been given the authority to execute this SA on behalf of the putative New Class. This SA has been duly and validly executed and delivered by the PSC, and constitutes a legal, valid and binding obligation of the New Class.
(b) DHEPDS Class Counsel on behalf of the DHEPDS Class represents and warrants that they have authority to enter into this SA on behalf of the DHEPDS Class. This SA has been duly and validly executed and delivered by DHEPDS Class Counsel, and constitutes a legal, valid and binding obligation of the DHEPDS Class, subject to Court approval.
(c) HESI represents and warrants that it has all requisite corporate power and authority to execute, deliver and perform this SA. The execution, delivery, and performance by XXXX of this SA has been duly authorized by all necessary corporate action. This SA has been duly and validly executed and delivered by XXXX, and constitutes its legal, valid and binding obligation, subject to Court approval.
Representations and Warranties Regarding Authority. Each Party represents and warrants to the other Party that such Party has the authority to consummate the transactions provided for in this Agreement, and this Agreement and any other instruments and agreements contemplated by this Agreement to which either Party is a party or signatory to have been duly authorized, executed, and delivered by such Party, and constitutes the legal, valid, and binding obligation of such Party enforceable in accordance with their terms.
Representations and Warranties Regarding Authority. Pursuant to PTO 8, the PSC has explored settlement opportunities with Transocean and pursuant to such authority, with approval of the PSC, Co-Liaison Counsel have been given the authority to execute this SA on behalf of the putative New Class. This SA has been duly and validly executed and delivered by the PSC, and constitutes a legal, valid and binding obligation of the New Class.
Representations and Warranties Regarding Authority
