Common use of Requisite Authority Clause in Contracts

Requisite Authority. The Vendor has the requisite capacity, power and authority to execute this Agreement and to perform the obligations to which it thereby becomes subject and no authorizations or approvals of any governmental body, other than as will be obtained prior to Closing Time, are required for the execution, delivery and performance of the obligations of the Vendor;

Appears in 4 contracts

Sources: Take Up Agreement (Paramount Energy Trust), Take Up Agreement (Paramount Energy Trust), Initial Assets Purchase Agreement (Paramount Energy Trust)

Requisite Authority. The Vendor has the requisite capacity, power and authority to execute this Agreement and all other agreements and instruments contemplated hereby, and to perform the its obligations to which it thereby becomes subject hereunder and no authorizations or approvals of any governmental body, other than as will be obtained prior to Closing Time, are required for the execution, delivery and performance of the obligations of the Vendorthereunder;

Appears in 2 contracts

Sources: Mineral Claim Purchase and Sale Agreement (Tyler Resources Inc /Fi), Sale Agreement (CDG Investments Inc)

Requisite Authority. The Vendor has the requisite capacity, power and authority to execute this Agreement and the other agreements, documents and instruments required to be delivered hereby and to perform the obligations to which it thereby becomes subject and no authorizations or approvals of any governmental body, other than as will be obtained prior to Closing Time, are required for the execution, delivery and performance of the obligations of the Vendor;subject.

Appears in 2 contracts

Sources: Asset Purchase Agreement, Asset Purchase Agreement

Requisite Authority. The Vendor has the requisite capacity, power and authority to execute this Agreement and the other agreements and documents required to be delivered by it pursuant hereto and to perform the obligations to which it thereby becomes subject and no authorizations or approvals of any governmental body, other than as will be obtained prior to Closing Time, are required for the execution, delivery and performance of the obligations of the Vendor;subject.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Terra Industries Inc)

Requisite Authority. The Vendor has the requisite capacity, power and authority to execute this Agreement and to perform the obligations to which it thereby becomes subject and no authorizations or approvals of any governmental body, other than as will be obtained prior to Closing Time, are required for the execution, delivery and performance of the obligations of the Vendorsubject;

Appears in 1 contract

Sources: Asset Sale Agreement

Requisite Authority. The Vendor has the requisite capacity, power and authority to execute this Agreement and the other agreements and documents required to be delivered by it pursuant hereto and to perform the obligations to which it thereby becomes subject and no authorizations or approvals of any governmental body, other than as will be obtained prior to Closing Time, are required for the execution, delivery and performance of the obligations of the Vendor;subject.

Appears in 1 contract

Sources: Share Purchase Agreement (Markwest Hydrocarbon Inc)

Requisite Authority. The Vendor has the requisite capacity, power power, and authority to execute this Agreement and the other agreements, documents, and instruments required to be delivered hereby and to perform the obligations to which it thereby becomes subject and no authorizations or approvals of any governmental body, other than as will be obtained prior to Closing Time, are required for the execution, delivery and performance of the obligations of the Vendor;subject.

Appears in 1 contract

Sources: Asset Purchase Agreement (Avvenire Electric Vehicle International Corp.)

Requisite Authority. The Vendor Each of the Vendors has the requisite capacity, power and authority to execute this Agreement and the other agreements and documents required to be delivered by it pursuant hereto and to perform the obligations to which it thereby becomes subject and no authorizations or approvals of any governmental body, other than as will be obtained prior to Closing Time, are required for the execution, delivery and performance of the obligations of the Vendor;subject.

Appears in 1 contract

Sources: Share Purchase Agreement (Markwest Hydrocarbon Inc)