Common use of Status and Authority Clause in Contracts

Status and Authority. It is a corporation duly incorporated and existing under the laws of the Province of Alberta and has all authority, capacity and powers and all material Governmental Authorizations required to carry on its business as now conducted.

Appears in 2 contracts

Sources: Credit Facilities (Baytex Energy Corp.), Credit Agreement (Baytex Energy Corp.)

Status and Authority. It is a corporation duly incorporated amalgamated and existing under ~der the laws of the Province of Alberta and has all authority, capacity and powers and all material Governmental Authorizations governmental authorizations required to carry on its business as now conducted.

Appears in 1 contract

Sources: Lenders Funding Agreement

Status and Authority. It is a corporation duly incorporated and existing under the laws of the Province of Alberta Saskatchewan and has all authority, capacity and powers and all material Governmental Authorizations required to carry on its business as now conducted.

Appears in 1 contract

Sources: Full Recourse Guarantee