Common use of 2Authorization Clause in Contracts

2Authorization. Seller has the requisite corporate power and authority to execute, deliver and perform its obligations under 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 Seller.

Appears in 2 contracts

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

2Authorization. The Seller has the all requisite corporate power and authority to execute, deliver and perform its obligations under the Transaction Documents and to consummate the transactions contemplated therebythis Agreement. The execution, delivery and performance of the Transaction Documentsthis Agreement, and the consummation of the transactions contemplated therebyhereby, have been duly authorized by all necessary corporate action on the part of the Seller.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Zenas BioPharma, Inc.), Royalty Purchase Agreement (XOMA Corp)

2Authorization. The Seller has the all requisite corporate power and authority to execute, deliver and perform its respective obligations under each of the Transaction Documents and to consummate the transactions contemplated therebyDocuments. The execution, delivery and performance of the Transaction Documents, and the consummation of the transactions contemplated therebyhereby, have been duly authorized by all necessary corporate action on the part of the Seller.

Appears in 1 contract

Sources: Revenue Participation Right Purchase and Sale Agreement (Coherus BioSciences, Inc.)

2Authorization. Seller has the requisite corporate power and authority to execute, deliver and perform its obligations under the Transaction Documents and to consummate the transactions contemplated thereby. The execution, delivery delivery, and performance by Seller of the Transaction Documents, this Agreement and the consummation of the transactions contemplated thereby, hereby (a) are within Seller’s corporate powers and (b) have been duly authorized by all necessary corporate action on the part of Seller.

Appears in 1 contract

Sources: Equity Purchase Agreement