Signatory Power Sample Clauses

Signatory Power. The Directors, officers and other persons authorized to represent the Company and the Subsidiaries shall have single or joint signatory power, as determined appropriate by the Board.
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Signatory Power. 13.1 The Partnership will be bound by the signature of the General Partner or by the single or joint signatures of any person or persons to whom special powers shall be expressly delegated by the General Partner.
Sample 1
Signatory Power. Solaris represents and warrants that Xxxx X. Xxxxx has full power and authority to execute this Agreement on behalf of Solaris and that such Agreement is binding on Solaris and enforceable in accordance with its terms, free of any claim(s) with respect to the Leases and Lands (AMI), or any part thereof, and Solaris agrees to indemnify and hold NPG free and harmless from any such claims and obligations.
Sample 1
Signatory Power. The Company agrees to cause the operating agreement for every Company Affiliate owning any of the Properties to irrevocably appoint the Founder Attorneys-in-Fact, as “Authorized Representatives”, each of whom, acting individually, are empowered to execute any deed or other instrument necessary, appropriate or, in the reasonable judgement of such Founder Attorney-in-Fact, convenient to convey to Founder (or any Founder designee) any property subject to, or alleged by Founder to be subject to a continuing Conveyance Default beyond the 10-day cure period. The operating agreement of any such Company Affiliate shall further provide that the signature by any Founder Attorney-in-Fact on any deed or other instrument conveying a Property to a Founder designee shall be conclusive evidence of the Company’s ratification of such instrument.
Sample 1

Related to Signatory Power

  • Organization, Standing and Corporate Power (a) Each of Parent and its Subsidiaries is a legal entity duly organized, validly existing and in good standing under the Laws of the jurisdiction in which it is incorporated, formed or organized, as applicable, and has all requisite partnership, corporate, limited liability company or other applicable entity power and authority necessary to own or lease all of its properties and assets and to carry on its business as it is now being conducted, except where the failure to have such power or authority has not had and would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect on Parent (“Parent Material Adverse Effect”). (b) Each of Parent and its Subsidiaries is duly licensed or qualified to do business and is in good standing in each jurisdiction in which the nature of the business conducted by it or the character or location of the properties and assets owned or leased by it makes such licensing or qualification necessary, except where the failure to be so licensed, qualified or in good standing has not had and would not reasonably be expected to have, individually or in the aggregate, a Parent Material Adverse Effect. (c) All the outstanding partnership interests, limited liability company interests, shares of capital stock of, or other equity interests in, each material Subsidiary of Parent that are owned directly or indirectly by Parent have been duly authorized and validly issued (in accordance with the Organizational Documents of such entity) and are fully paid (in the case of an interest in a limited partnership or limited liability company, to the extent required under the Organizational Documents of such entity) and nonassessable (to the extent such Subsidiary is a corporate entity) and are owned free and clear of all Liens.

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