Capacity and authorisation. the execution, delivery and performance by it of this Agreement or of any other Transaction Document to which it is a party and any other documents to be delivered by it hereunder: (i) are within its corporate powers; (ii) have been duly authorised by all necessary corporate action; (iii) do not contravene: (A) its articles of association; (B) any law, rule or regulation applicable to it; (C) any contractual restriction binding on or affecting it or its property; or (D) any order, writ, judgment, award, injunction or decree binding on or affecting it or its property; and (iv) do not result in or require the creation of any lien, security interest or other charge or encumbrance upon or with respect to any of its properties. This Agreement has been duly executed and delivered by it;
Appears in 2 contracts
Sources: Master Receivables Purchase Agreement (LyondellBasell Industries N.V.), Master Receivables Purchase Agreement (LyondellBasell Industries N.V.)
Capacity and authorisation. the execution, delivery and performance by it of this Agreement or of any and each other Transaction Document to which it is a party and any other documents to be delivered by it hereunder:
hereunder (i) are within its corporate powers;
, (ii) have been duly authorised by all necessary corporate action;
, (iii) do not contravene:
contravene (Aa) its articles of association;
, (Bb) any law, rule or regulation applicable to it;
, (Cc) any contractual restriction binding on or affecting it or its property; or
property (Dunless such contravention would not have a Material Adverse Affect) or (d) any order, writ, judgmentjudgement, award, injunction or decree binding on or affecting it or its property; and
(iv) do not result in or require the creation of any lien, security interest or other charge or encumbrance upon or with respect to any of its properties. This Agreement and it has been duly executed and delivered by itthis Agreement and each other Transaction Document to which it is a party;
Appears in 2 contracts
Sources: Subordinated VLN Facility Agreement (Visteon Corp), Subordinated VLN Facility Agreement (Visteon Corp)