Common use of Authority; Binding Nature of Agreements Clause in Contracts

Authority; Binding Nature of Agreements. (a) The execution, delivery and performance of this Agreement, the Transactional Agreements, and all other agreements and instruments contemplated to be executed and delivered by the Purchaser in connection herewith have been duly authorized by all necessary corporate action on the part of the Purchaser and its board of directors.

Appears in 3 contracts

Samples: Share Exchange Agreement, Share Exchange Agreement (Cosmos Group Holdings Inc.), Share Exchange Agreement (Bonanza Goldfields Corp.)

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Authority; Binding Nature of Agreements. (a) The execution, delivery Purchaser has all requisite corporate and performance of other power and authority to execute and deliver this Agreement, the Transactional Agreements, Agreement and all other agreements Transaction Agreements to which it is a party and instruments contemplated to be executed carry out the provisions of this Agreement and delivered by the Purchaser in connection herewith have been duly authorized by all necessary corporate action on the part of the Purchaser and its board of directorsother Transaction Agreements.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Novavax Inc), Asset Purchase Agreement (STERIS PLC), Asset Purchase Agreement (Merit Medical Systems Inc)

Authority; Binding Nature of Agreements. (a) The execution, delivery and performance of this Agreement, the Transactional Agreements, Agreement and all other agreements and instruments contemplated to be executed and delivered by the Purchaser in connection herewith have been duly authorized by all necessary corporate action on the part of the Purchaser and its board of directors. Purchaser has all requisite legal and corporate power and authority to purchase the Shares hereunder.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Cais Internet Inc), Preferred Stock Purchase Agreement (Cais Internet Inc), Preferred Stock Purchase Agreement (Cais Internet Inc)

Authority; Binding Nature of Agreements. (a) The executionPurchaser has the absolute and unrestricted right, delivery power and performance of authority to enter into and perform its obligations under this Agreement, and the Transactional Agreements, execution and all other agreements and instruments contemplated to be executed and delivered delivery of this Agreement by the Purchaser in connection herewith have been duly authorized by all necessary corporate action on the part of the Purchaser and its board of directors. This Agreement constitutes the legal, valid and binding obligation of the Purchaser, enforceable against it in accordance with its terms.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Kranem Corp), Asset Purchase Agreement (Vuance)

Authority; Binding Nature of Agreements. (a) The execution, delivery and performance of this Agreement, the Transactional Agreements, and all other agreements and instruments contemplated to be executed and delivered by Purchaser or Merger Sub, as the Purchaser case may be, in connection herewith have been duly authorized by all necessary corporate action on the part of the Purchaser and its Merger Sub and their respective board of directors.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Xoom Inc)

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Authority; Binding Nature of Agreements. (a) The execution, delivery and performance of this Agreement, Agreement and the Transactional Agreements, and all other agreements and instruments contemplated to be executed and delivered by the Purchaser or Merger Sub, as the case may be, in connection herewith herewith, have been duly authorized by all necessary corporate action on the part of the Purchaser and its board Merger Sub and their respective boards of directors.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Xoom Inc)

Authority; Binding Nature of Agreements. (a) The execution, delivery and performance of this Agreement, the Transactional Agreements, and all other agreements and instruments contemplated to be executed and delivered by the Purchaser or Merger Sub, as the case may be, in connection herewith have been duly authorized by all necessary corporate action on the part of the Purchaser and its Merger Sub and their respective board of directors.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Xoom Inc)

Authority; Binding Nature of Agreements. (a) The executionPurchaser has the corporate power and authority to enter into and perform its obligations under each of the Transaction Documents, and the execution and delivery and performance by Purchaser of this Agreement, the Transactional Agreements, and all other agreements and instruments contemplated to be executed and delivered by the Purchaser in connection herewith have each Transaction Document has been duly authorized by all necessary corporate action on the part of Purchaser (including any required shareholder approvals). Each Transaction Document constitutes the Purchaser and its board of directors.legal, valid, and

Appears in 1 contract

Samples: Asset Purchase Agreement (PhaseBio Pharmaceuticals Inc)

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