Common use of 2Authorization Clause in Contracts

2Authorization. ▇▇▇▇▇ has the requisite organizational power and authority to execute, deliver and perform the Transaction Documents and to consummate the transactions contemplated thereby. The execution, delivery and performance of the Transaction Documents, and the consummation of the transactions contemplated thereby, have been duly authorized by ▇▇▇▇▇.

Appears in 2 contracts

Sources: Payment Interest Purchase Agreement (XOMA Corp), Payment Interest Purchase Agreement (XOMA Corp)