Authorization and Authority. The execution and delivery of this ----------------------------- Agreement have been and the performance of this Agreement and the transactions contemplated hereby shall be at the time required to be performed hereunder, duly and validly authorized by all requisite corporate action on the part of Buyer. Buyer has full corporate power and authority to carry on its business as presently con-ducted, to enter into this Agreement, to purchase the Properties on the terms de-scribed in this Agreement and to perform its other obligations under this Agreement.
Appears in 3 contracts
Sources: Purchase and Sale Agreement (Us Energy Corp), Purchase and Sale Agreement (Crested Corp), Purchase and Sale Agreement (Us Energy Corp)
Authorization and Authority. The execution and delivery of this ----------------------------- Agreement have been and the performance of this Agreement and the transactions contemplated hereby shall be at the time required to be performed hereunder, duly and validly authorized by all requisite corporate action on the part of Buyer. Buyer has full corporate power and authority to carry on its business as presently con-ductedconducted, to enter into this Agreement, to purchase the Properties on the terms de-scribed described in this Agreement and to perform its other obligations under this Agreement.
Appears in 2 contracts
Sources: Purchase and Sale Agreement (Resaca Exploitation, Inc.), Purchase and Sale Agreement (Resaca Exploitation, Inc.)
Authorization and Authority. The execution and delivery of this ----------------------------- Agreement have been and the performance of this Agreement and the transactions contemplated hereby shall be at the time required to be performed hereunder, duly and validly authorized by all requisite corporate action on the part of Buyer. Buyer has full corporate power and authority to carry on its business as presently con-ductedconducted, to enter into this Agreement, to purchase the Properties on the terms de-scribed described in this Agreement and to perform its other obligations under this Agreement.
Appears in 2 contracts
Sources: Purchase and Sale Agreement (Toreador Resources Corp), Purchase and Sale Agreement (Cano Petroleum, Inc)
Authorization and Authority. The execution and delivery of this ----------------------------- Agreement have been and the performance of this Agreement and the transactions contemplated hereby shall be at the time required to be performed hereunder, duly and validly authorized by all requisite corporate action on the part of Buyer. Buyer has full corporate power and authority to carry on its business as presently con-ductedconducted, to enter into this Agreement, to purchase the Properties on the terms de-scribed described in this Agreement and to perform its other obligations under this Agreement.
Appears in 1 contract
Authorization and Authority. The execution and delivery of this ----------------------------- Agreement Agree- ment have been and the performance of this Agreement and the transactions contemplated hereby shall be at the time required to be performed hereunder, duly and validly authorized by all requisite corporate action on the part of Buyer. Buyer has full corporate power and authority to carry on its business as presently con-ductedconducted, to enter into this Agreement, to purchase the Properties on the terms de-scribed described in this Agreement and to perform its other obligations under this Agreement.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Bellwether Exploration Co)