Common use of Capacity and authorisation Clause in Contracts

Capacity and authorisation. The Luxembourg Obligor has the capacity and power to enter into the Credit Amendment Agreement and to perform its obligations under the Credit Amendment Agreement.

Capacity and authorisation. 2.2.1 The Luxembourg Obligor has the capacity and power to enter into the Credit Amendment Agreement and to perform its obligations under the Credit Amendment Agreement. 2.2.2 All necessary corporate action has been taken to enable the Luxembourg Obligor validly to enter into and to perform its obligations under the Credit Amendment Agreement.