Common use of Requisite Authority Clause in Contracts

Requisite Authority. Vendor has all requisite power and authority to enter into this Agreement and to perform the obligations of Vendor under this Agreement;

Appears in 2 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement

Requisite Authority. Vendor has all requisite power and authority to enter into this Agreement and to perform the its obligations of Vendor under this Agreement;

Appears in 1 contract

Sources: Purchase and Sale Agreement (Barnwell Industries Inc)

Requisite Authority. the Vendor has all requisite power and authority to enter into this Agreement and to sell and receive payment for the Assets on the terms described herein and to perform the obligations of the Vendor under this Agreement;

Appears in 1 contract

Sources: Sale Agreement (Delta Petroleum Corp/Co)

Requisite Authority. Vendor has all requisite corporate power and authority to enter into this Agreement and to perform the obligations of Vendor under this Agreement;

Appears in 1 contract

Sources: Purchase and Sale Agreement (Geocan Energy Inc)

Requisite Authority. Vendor has the Vendors have all requisite power and authority to enter into this Agreement and to perform their obligations under this Agreement and have taken all corporate action necessary to authorize the obligations sale of Vendor under the Assets in accordance with this Agreement;

Appears in 1 contract

Sources: Purchase and Sale Agreement (Dejour Energy Inc.)

Requisite Authority. Vendor has all requisite power and authority to enter into this Agreement and to perform the its obligations of Vendor under this Agreement and has authorized and taken all corporate action necessary to authorize the execution, delivery and performance of this Agreement and transactions contemplated herein all in accordance with this Agreement;.

Appears in 1 contract

Sources: Share Purchase and Sale Agreement (Ivanhoe Energy Inc)

Requisite Authority. Vendor has all Vendors have the requisite capacity, power and authority to enter into execute this Agreement and to perform the obligations of Vendor under this Agreementto which they thereby become subject;

Appears in 1 contract

Sources: Partnership Interest Sale Agreement (Canetic Resources Trust)

Requisite Authority. Vendor has taken all necessary corporate action and has all requisite corporate power and authority to enter into this Agreement and to perform the obligations of Vendor under this Agreement;

Appears in 1 contract

Sources: Purchase and Sale Agreement (Westlink Resources LTD)