Common use of Appropriate Action Clause in Contracts

Appropriate Action. everything required to be done (including the obtaining of any necessary consents and the passing of all necessary resolutions) to: (i) enable it lawfully to enter into, exercise its rights and perform and comply with its obligations under, this Deed; and (ii) ensure that its obligations under this Deed are legal, valid, binding and enforceable, has been duly done;

Appears in 1 contract

Sources: Trust Deed

Appropriate Action. everything required to be done (including the obtaining of any necessary consents and the passing of all necessary resolutions) to: (i) enable it lawfully to enter into, exercise its rights and perform and comply with its obligations under, this Deedeach Transaction Document; and (ii) ensure that its obligations under this Deed each Transaction Document are legal, valid, binding and enforceable, has been duly done;

Appears in 1 contract

Sources: Master Trust Deed