Power and Authority to Execute Sample Clauses

The "Power and Authority to Execute" clause confirms that each party entering into the agreement has the legal right and capacity to do so. It typically requires each signatory to affirm that they have obtained all necessary approvals and are not restricted by any other agreements or laws from executing the contract. This clause ensures that the contract is valid and enforceable by confirming that all parties are properly authorized, thereby reducing the risk of future disputes over the legitimacy of the agreement.
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Power and Authority to Execute. Each of the parties hereto represent that they have the power and the authority to execute and deliver this Agreement and to perform the obligations hereunder, and that each person executing this Agreement on each party’s behalf has been authorized to sign on behalf of the respective party and to bind each to the terms of this Agreement.
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Power and Authority to Execute. Each individual who executes this Agreement in a representative capacity represents and warrants that he or she has full right and power to execute this Agreement and to bind the entity or individuals on whose behalf he or she so signs.
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Related to Power and Authority to Execute

  • Power and Authority The Servicer has the corporate power and authority to execute and deliver this Agreement and to carry out its terms; and the execution, delivery and performance of this Agreement have been duly authorized by the Servicer by all necessary corporate action.

  • Existence, Power and Authority If not a natural person, the Borrower is duly organized, validly existing and in good standing under the laws of the State of its incorporation or organization and has the power and authority to own and operate its assets and to conduct its business as now or proposed to be carried on, and is duly qualified, licensed and in good standing to do business in all jurisdictions where its ownership of property or the nature of its business requires such qualification or licensing. The Borrower is duly authorized to execute and deliver the Loan Documents, all necessary action to authorize the execution and delivery of the Loan Documents has been properly taken, and the Borrower is and will continue to be duly authorized to borrow under this Agreement and to perform all of the other terms and provisions of the Loan Documents.

  • Full Power and Authority Buyer represents that it has full power and authority to enter into this Agreement.

  • Power and Authorization The Company is duly incorporated, validly existing and in good standing under the laws of its state of incorporation, and has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder, and to consummate the Exchange contemplated hereby.

  • Corporate Power and Authority The Borrower has all requisite corporate power and authority to enter into this Amendment and to carry out the transactions contemplated by, and perform its obligations under, the Credit Agreement as amended by this Amendment (the "Amended Agreement").