Common use of Proof of Authority Clause in Contracts

Proof of Authority. The counsel for EGPI shall have received evidence reasonably sufficient to such counsel that M3 has all requisite authorizations necessary for consummation by M3 of the transactions contemplated hereby, and there has not been issued, and there is not in effect, any injunction or similar legal order prohibiting or restraining consummation of any of the transactions herein contemplated, and no legal or governmental action, proceeding or investigation which might reasonably be expected to result in any such injunction or order is pending.

Proof of Authority. The counsel for EGPI M3 shall have received evidence reasonably sufficient to such counsel that M3 has EGPI and the Subsidiary have all requisite authorizations necessary for consummation by M3 EGPI and the Subsidiary of the transactions contemplated hereby, and there has not been issued, and there is not in effect, any injunction or similar legal order prohibiting or restraining consummation of any of the transactions herein contemplated, and no legal or governmental action, proceeding or investigation which that might reasonably be expected to result in any such injunction or order is pending.