Status and Due Authorisation. each Obligor is a corporation, limited partnership or limited liability company duly incorporated or formed under the laws of its jurisdiction of incorporation or formation (as the case may be) with power to enter into the Transaction Documents and to exercise its rights and perform its obligations under the Transaction Documents and all corporate and other action required to authorise its execution of the Transaction Documents and its performance of its obligations thereunder has been duly taken;
Appears in 3 contracts
Samples: Memorandum of Agreement (Teekay LNG Partners L.P.), Memorandum of Agreement (Teekay LNG Partners L.P.), Memorandum of Agreement (Teekay LNG Partners L.P.)
Status and Due Authorisation. each Obligor Each of the Obligors is a corporation, limited partnership liability company or limited liability company partnership duly incorporated or formed under the laws of its jurisdiction of incorporation incorporation, organisation or formation (as the case may be) with power to enter into the Transaction Finance Documents and to exercise its rights and perform its obligations under the Transaction Finance Documents and all corporate and other action required to authorise its execution of the Transaction Finance Documents and its performance of its obligations thereunder has been duly taken;.
Appears in 2 contracts
Samples: Facility Agreement, Facility Agreement (Teekay LNG Partners L.P.)
