Common use of Due Authorization of Contractor; Binding Obligation Clause in Contracts

Due Authorization of Contractor; Binding Obligation. Contractor has full power and authority to execute and deliver this Agreement and to perform its obligations hereunder, and the execution, delivery and performance of this Agreement by Contractor have been duly authorized by all necessary corporate action on the part of Contractor. This Agreement is the valid and binding obligation of Contractor, enforceable in accordance with its terms

Appears in 1 contract

Sources: Engineering, Procurement and Construction Agreement (Mirant Mid Atlantic LLC)

Due Authorization of Contractor; Binding Obligation. Contractor has full power and authority to execute and deliver this Agreement Contract and to perform its obligations hereunder, and the execution, delivery and performance of this Agreement Contract by Contractor have been duly authorized by all the necessary corporate action on the part of Contractor. This Agreement ; this Contract has been duly executed and delivered by Contractor and is the valid and binding obligation of Contractor, Contractor enforceable in accordance with its terms.

Appears in 1 contract

Sources: Engineering, Procurement and Construction Contract (Pacificorp /Or/)