Warranties and Authority of the Parties Sample Clauses

Warranties and Authority of the Parties. Each party understands, acknowledges, agrees, represents and warrants to the other party that it has received independent legal advice from its attorneys with respect to the advisability of entering into this Lease or has intentionally elected not to seek the advice of counsel and has carefully reviewed and considered the terms and conditions of this Lease and that its execution of this Lease is free and voluntary. Where required in this Lease or by an escrow or a title company, the parties shall deliver documentation which authorizes the transaction contemplated herein and which further evidences the authority of the individuals or officers who are empowered to execute and carry out the terms of this Lease. Xxxx Xxxxx President EXHIBIT “A” The Legal Description of the Property PARCEL 1 OF PARCEL MAP WAIVER NO. 2-02, AS PER THAT CERTAIN CERTIFICATE OF COMPLIANCE RECORDED FEBRUARY 3, 2003 AS INSTRUMENT NUMBER 0203020187 OF OFFICIAL RECORDS, DESCRIBED AS FOLLOWS: BEING THE NORTHEAST QUARTER AND THE EAST HALF OF THE SOUTHEAST QUARTER OF SECTION 4, TOWNSHIP 29 SOUTH, RANGE 24 EAST M.D.B.M., IN THE UNINCORPORATED AREA, COUNTY OF XXXX, STATE OF CALIFORNIA, AS PER THE OFFICIAL PLAT THEREOF. EXCEPT THE INTEREST WHICH WAS CONVEYED BY DEED FROM XXXXXXX XXXXX AND XXXXXX X. XXXXX, HUSBAND AND WIFE, TO XXXXX X. XXXX AND XXXX X. XXXX, HIS WIFE, AS JOINT TENANTS, RECORDED APRIL 28, 1938 IN BOOK 782, PAGE 453 OF OFFICIAL RECORDS, AND DESCRIBED THEREIN AS “AN UNDIVIDED 1% INTEREST IN AND TO THE MINERALS, OIL, GAS, CASINGHEAD GASOLINE AND OTHER HYDROCARBON SUBSTANCES IN, UNDER AND THAT MAY BE PRODUCED FROM” SAID LAND, WHICH DEED RECITES THAT IT ALSO “COVERS AND INCLUDES AN UNDIVIDED 2/25THS OF ANY AND ALL MINERALS, OIL, GAS, CASINGHEAD GASOLINE AND OTHER HYDROCARBON SUBSTANCES OR THE VALUE THEREOF, PRODUCED, SAVED AND SOLD FROM ANY OF THE LANDS HEREIN DESCRIBED” AND II ADDITION THERETO AN EQUAL PORTION OF ALL THE RIGHTS, BENEFITS, PRIVILEGES, ROYALTIES PROFITS PAID” UNDER THE TERMS OF AN OIL AND GAS LEASE AND MODIFYING AGREEMENT (SINCE CANCELLED) REFERRED TO THEREIN. ALSO, EXCEPTING AND RESERVING UNTO THE GRANTOR ALL REMAINING OIL, GAS, MINERALS AND OTHER HYDROCARBON SUBSTANCES WITHIN OR UNDERLYING SAID LAND WITH RIGHTS TO EXPLORE AND PRODUCE NOW OWNED BY GRANTOR OR RESERVED IN PRIOR DEEDS OF RECORD. Xxxx County Assessor’s Parcel No. 000-000-00 EXHIBIT “B” Depiction of the Property and the Premises EXHIBIT “C” Form of the Memorandum of Lease RECORDING REQUESTED BY AND WHEN ...
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Related to Warranties and Authority of the Parties

  • ENGINEER’S DUTIES AND AUTHORITY With reference to Sub-Clause 2.1 (b), the following shall also apply: The Engineer shall obtain the specific approval of the Employer before taking any of the following actions specified in Part 1:

  • Authority and Authorization Each of the Consultants has full power and authority to enter into this Plan and carry out the obligations hereunder. Execution of this Plan and performance by the Consultants hereunder constitutes a valid and binding obligation of the Consultants and performance hereunder will not violate any other agreement to which any of the Consultants is a party.

  • Organization and Authority The Subscriber is a Delaware limited liability company, validly existing and in good standing under the laws of Delaware and possesses all requisite power and authority necessary to carry out the transactions contemplated by this Agreement. Upon execution and delivery by you, this Agreement is a legal, valid and binding agreement of Subscriber, enforceable against Subscriber in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, fraudulent conveyance or similar laws affecting the enforcement of creditors’ rights generally and subject to general principles of equity (regardless of whether enforcement is sought in a proceeding at law or in equity).

  • Warranties and Representations The Contractor warrants and represents that:

  • Duties and Authority Executive shall serve as the Executive Vice President and Chief Financial Officer of the Company, with those authorities, duties and responsibilities customary to that position and such other authorities, duties and responsibilities as the Board of Directors of Parent (the "Board") or the Company's President and Chief Executive Officer may reasonably assign the Executive from time to time. The Executive shall use his best efforts, including the highest standards of professional competence and integrity, and shall devote substantially all his business time and effort, in and to his employment hereunder, and shall not engage in any other business activity which would conflict with the rendition of his services hereunder, except that the Executive may hold directorships or related positions in charitable, educational or not-for-profit organizations, or directorships in business organizations if approved by the President and Chief Executive Officer, and make passive investments, which do not interfere with the Executive's day-to-day acquittal of his responsibilities to the Company.

  • Powers and Authority It has the power to enter into and perform, and has taken all necessary action to authorise the entry into and performance of, the Finance Documents to which it is or will be a party and the transactions contemplated by those Finance Documents.

  • Appointment and Authority Each of the Lenders and the L/C Issuer hereby irrevocably appoints Bank of America to act on its behalf as the Administrative Agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article are solely for the benefit of the Administrative Agent, the Lenders and the L/C Issuer, and neither the Borrower nor any other Loan Party shall have rights as a third party beneficiary of any of such provisions. It is understood and agreed that the use of the term “agent” herein or in any other Loan Documents (or any other similar term) with reference to the Administrative Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable Law. Instead such term is used as a matter of market custom, and is intended to create or reflect only an administrative relationship between contracting parties.

  • Representations and Warranties of the Authority The Authority represents and warrants to the Concessionaire that:

  • Representations and warranties of the Contractor (i) The Contractor represents and warrants to the Authority that:

  • G2 Warranties and Representations G2.1 The Contractor warrants and represents for the duration of the Contract that:

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