Common use of Document Authorization Clause in Contracts

Document Authorization. Notwithstanding anything in this Agreement to the contrary, () the Trustee is hereby authorized and directed to execute and deliver on behalf of the Trust, and the Trust is hereby authorized to perform its obligations under, the Divestment and Common Stock Sale Agreement, the SPA and the other Basic Documents to which the Trust (or the Trustee on behalf of the Trust) is a party, () the Trustee is hereby authorized and directed to execute on behalf of the Trust, and the Trust is hereby authorized to issue, sell and perform its obligations under, the Certificates to be issued on the Closing Date to the Transferor, and () such execution, delivery, performance, issuance and sale does not and shall be deemed not to violate any terms or provisions of this Agreement.

Appears in 2 contracts

Sources: Trust Agreement (Principal Health Care Inc), Trust Agreement (Blair Thomas L)