Common use of Requisite Authority Clause in Contracts

Requisite Authority. The Buyer has requisite power and authority to execute and deliver this Agreement and any other instrument or agreement required under this Agreement, and to observe and perform the terms and provisions of this Agreement and of all such other instruments, and agreements.

Appears in 6 contracts

Sources: Profit Interest Agreement (Macau Resources Group LTD), Profit Interest Agreement (Macau Resources Group LTD), Profit Interest Agreement (Asia Entertainment & Resources Ltd.)

Requisite Authority. The Buyer Seller has requisite power and authority to execute and deliver this Agreement and any other instrument or agreement required under this Agreement, and to observe and perform perform. the terms and provisions of this Agreement and of all such other instruments, and agreements.

Appears in 4 contracts

Sources: Profit Interest Agreement (Asia Entertainment & Resources Ltd.), Profit Interest Agreement (Asia Entertainment & Resources Ltd.), Profit Interest Agreement (Asia Entertainment & Resources Ltd.)

Requisite Authority. The Buyer Seller has requisite power and authority to execute and deliver this Agreement and any other instrument or agreement required under this Agreement, and to observe and perform the terms and provisions of this Agreement and of all such other instruments, and agreements.

Appears in 2 contracts

Sources: Profit Interest Agreement (Macau Resources Group LTD), Profit Interest Agreement (Macau Resources Group LTD)

Requisite Authority. The Buyer has the requisite partnership power and authority to execute execute, deliver, and deliver perform this Agreement and any other instrument or agreement the Transaction Agreements required under this Agreement, to be executed by Buyer hereunder and to observe consummate the transactions contemplated hereby or thereby. The execution and perform the terms and provisions delivery by Buyer of this Agreement and the Transaction Agreements required to be executed by Buyer hereunder and the consummation by Buyer of all such other instruments, and agreements.the transactions contemplated hereby or thereby have been duly authorized;

Appears in 1 contract

Sources: Purchase and Sale Agreement (Teppco Partners Lp)