Common use of Authority of Buyer Clause in Contracts

Authority of Buyer. Buyer has full power and authority to enter into and perform this Agreement, and all proceedings necessary to duly authorize the execution and delivery of this Agreement by the officer executing the same on the respective Buyer’s behalf have been taken and this Agreement is the legal and binding obligation of the Buyer, enforceable in accordance with its terms and conditions applicable to Buyer.

Appears in 4 contracts

Samples: Definitive Asset Purchase Agreement (Sitestar Corp), Asset Purchase Agreement (Ckrush, Inc.), Asset Purchase Agreement (Sitestar Corp)

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Authority of Buyer. Buyer has full right, authority and power and authority to ------------------ enter into this Agreement and perform each agreement, document and instrument to be executed and delivered by the Buyer pursuant to this AgreementAgreement and to carry out the transactions contemplated hereby and thereby, and all proceedings necessary to duly authorize including, without limitation, the execution authorization, sale, issuance and delivery of the Parent Shares. The execution, delivery and performance by Buyer of this Agreement and each such other agreement, document and instrument have been duly authorized by the officer executing the same all necessary corporate action of Buyer and no other action on the respective Buyer’s behalf have been taken and this Agreement part of Buyer is the legal and binding obligation of the Buyer, enforceable required in accordance with its terms and conditions applicable to Buyer.connection

Appears in 2 contracts

Samples: Non Competition Agreement (Mac-Gray Corp), Stock Purchase Agreement (Mac-Gray Corp)

Authority of Buyer. Buyer has full power and authority to enter into and perform this Agreement, and all proceedings necessary to duly authorize the execution and delivery of this Agreement by the officer executing the same on the respective Buyer’s behalf have been taken and this Agreement is the legal to perform each and binding every obligation of the Buyer, enforceable in accordance with its terms and conditions applicable to Buyerhereunder.

Appears in 2 contracts

Samples: Purchase Agreement (Eagle Supply Group Inc), Purchase Agreement (Eagle Supply Group Inc)

Authority of Buyer. Buyer has full corporate power and authority to enter into and perform this Agreement, to carry out its obligations hereunder, and all proceedings necessary to consummate the transactions contemplated hereby. This Agreement has been duly authorize the executed and delivered by Buyer and (assuming due authorization, execution and delivery of this Agreement by each Seller) constitutes the officer executing the same on the respective Buyer’s behalf have been taken valid and this Agreement is the legal and legally binding obligation of the Buyer, enforceable against Buyer in accordance with its terms and conditions applicable terms, subject to Buyerthe Enforceability Exceptions.

Appears in 2 contracts

Samples: Warrant Purchase Agreement (Crestview Partners III GP, L.P.), Warrant Purchase Agreement (ProFrac Holding Corp.)

Authority of Buyer. Buyer has full power and authority to enter into and perform all its obligations under this Agreement, and all proceedings necessary to duly authorize the execution and delivery of this Agreement by the officer executing the same on the respective Buyer’s behalf have been taken and this Agreement is the legal and binding obligation of the Buyer, enforceable in accordance with its terms and conditions applicable to Buyer.

Appears in 2 contracts

Samples: Agreement (Sitestar Corp), Agreement (Sitestar Corp)

Authority of Buyer. Buyer has full all requisite corporate power and authority to enter into execute and perform this Agreement, and all proceedings necessary to duly authorize the execution and delivery of deliver this Agreement and to carry out the transactions contemplated hereby. This Agreement has been duly and validly executed and delivered by the officer executing the same on the respective Buyer’s behalf have been taken and this . This Agreement is the legal valid and binding obligation agreement of the Buyer, enforceable against Buyer in accordance with its terms and conditions applicable to Buyerterms.

Appears in 1 contract

Samples: Stock Purchase Agreement (Radiant Systems Inc)

Authority of Buyer. (a) Buyer has full power and authority to enter into execute, deliver and perform its obligations this Agreement. The execution, delivery and all proceedings necessary to duly authorize the execution and delivery performance of this Agreement by the officer executing the same on the respective Buyer’s behalf Buyer have been taken duly authorized and this approved by Buyer and do not require any further authorization or consent. This Agreement has been duly authorized, executed and delivered by Buyer and is the legal legal, valid and binding obligation agreement of the Buyer, Buyer enforceable in accordance with its terms and conditions applicable to Buyerterms.

Appears in 1 contract

Samples: Asset Purchase Agreement (MBC Funding Ii Corp.)

Authority of Buyer. Buyer has full corporate power and authority to enter into this Agreement and perform this Agreementthe transactions contemplated hereby and to carry out its obligations hereunder. The execution, delivery and all proceedings necessary to duly authorize the execution and delivery performance of this Agreement by and the officer executing the same on the respective Buyer’s behalf transactions contemplated hereby have been taken duly authorized and executed by Buyer and this Agreement is the legal constitute valid and binding obligation agreements of the Buyer, Buyer enforceable against Buyer in accordance with its their terms except as such enforceability is limited by general principles of equity and conditions applicable to Buyerprovisions of bankruptcy law.

Appears in 1 contract

Samples: Clark Usa Inc /De/

Authority of Buyer. Buyer It has full right, power and authority to enter into purchase the Property from Seller under this Agreement and to perform Buyer's obligations under this Agreement including the financial capacity to perform this Agreement, and all proceedings necessary to duly authorize the execution and delivery of this Agreement by the officer executing the same on the respective Buyer’s behalf have been taken and this Agreement is the legal and binding obligation of the Buyer, enforceable in accordance with its terms and conditions applicable to Buyer.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Skechers Usa Inc)

Authority of Buyer. 5.2.1 Buyer has full power and authority to enter into execute and perform deliver this AgreementAgreement and the other Transaction Documents and to carry out the Transaction, and has taken all proceedings necessary requisite corporate action to duly authorize the execution execution, delivery and delivery performance of this Agreement by and the officer executing the same on the respective Buyer’s behalf have been taken and this Agreement is the legal and binding obligation of the Buyer, enforceable in accordance with its terms and conditions applicable to Buyerother Transaction Documents.

Appears in 1 contract

Samples: Asset Purchase Agreement (BTG Inc /Va/)

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Authority of Buyer. (a) Buyer has full power and authority to enter into execute, deliver and perform its obligations this Agreement. The execution, delivery and all proceedings necessary to duly authorize the execution and delivery performance of this Agreement by the officer executing the same on the respective Buyer’s behalf Buyer have been taken duly authorized and this approved by Buyer and do not require any further authorization or consent. This Agreement has been duly executed and delivered by Buyer and is the legal legal, valid and binding obligation agreement of the Buyer, Buyer enforceable in accordance with its terms and conditions applicable to Buyerterms.

Appears in 1 contract

Samples: Asset Purchase Agreement (MBC Funding Ii Corp.)

Authority of Buyer. Buyer has full the power and authority to enter into execute, deliver, and perform this Agreement, Agreement and the other Acquisition Documents to which it is a party. Buyer has taken all proceedings necessary action to duly authorize the execution execution, delivery and delivery performance of this Agreement and the other Acquisition Documents to which it is a party, and has full partnership power to perform its obligations hereunder and thereunder and to consummate the transactions(s) contemplated by the officer executing the same on the respective Buyer’s behalf have been taken and this Agreement is the legal and binding obligation of the Buyer, enforceable in accordance with its terms and conditions applicable to BuyerAgreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Digital Television Services of Kansas LLC)

Authority of Buyer. Buyer has full right, authority and power and authority to enter into and perform this Agreement, and all proceedings necessary each agreement, document and instrument to duly authorize the execution be executed and delivery of delivered by Buyer pursuant to this Agreement and to carry out the transactions contemplated hereby. This Agreement and each other agreement, document and instrument executed and delivered by the officer executing the same on the respective Buyer’s behalf have been taken and Buyer pursuant to this Agreement is the legal constitute, or when executed and delivered will constitute, valid and binding obligation obligations of the Buyer, Buyer enforceable in accordance with its terms and conditions applicable to Buyertheir terms.

Appears in 1 contract

Samples: Asset Purchase Agreement

Authority of Buyer. Buyer has full all necessary power and authority to enter into make, execute, deliver and perform this Agreement, and all proceedings necessary to duly authorize the execution and delivery of consummate this Agreement by the officer executing the same on the respective Buyer’s behalf have been and has take all necessary actions required to be taken to authorize Buyer to execute and deliver this Agreement and to perform all of its obligations, undertakings and agreements to be observed and performed by it hereunder. This Agreement has been duly executed and delivered by Buyer and is the legal a valid and binding obligation agreement of the Buyer, enforceable in accordance with its terms and conditions applicable to Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Tactical Air Defense Services, Inc.)

Authority of Buyer. Buyer has the full power and authority to enter into and perform this Agreement, and all proceedings necessary to duly authorize the execution and delivery of this Agreement by the officer executing the same on the respective Buyer’s behalf have been taken and this Agreement is the legal and binding obligation of the Buyer, enforceable agreement in accordance with its terms and conditions applicable to the execution, delivery and performance of this agreement by Buyer have been duly authorized by all necessary action of Buyer; Buyer is not bound by any contractual or other obligation that would be violated by its execution, delivery or performance of this agreement; and this agreement constitutes the valid and binding obligation of Buyer enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Leveraged Recapitalization Agreement (Adelphia Communications Corp)

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