Common use of Authority to Execute and Perform Agreement Clause in Contracts

Authority to Execute and Perform Agreement. Each of the Parent and Merger Sub has the requisite power and all authority required to enter into, execute and deliver this Agreement and the Transaction Documents to which it is a party, to perform its obligations hereunder and thereunder and to consummate the Transactions. The execution, delivery and performance by each of the Parent and Merger Sub of this Agreement and the consummation by the Parent and Merger Sub of the Transactions have been duly authorized by all necessary corporate action.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (National Superstars Inc), Agreement and Plan of Merger (Somanta Pharmaceuticals Inc.)

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Authority to Execute and Perform Agreement. Each of the Parent Parent, Merger Sub and Merger Acquisition Sub has the requisite power and all authority required to enter into, execute and deliver this Agreement and the Transaction Documents to which it is a party, to perform its obligations hereunder and thereunder and to consummate the Transactions. The execution, delivery and performance by each of the Parent Parent, Merger Sub and Merger Acquisition Sub of this Agreement and the consummation by the Parent Parent, Merger Sub and Merger Acquisition Sub of the Transactions have been duly authorized by all necessary corporate action.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (It&e International Group), Agreement and Plan of Merger (Lavin Philip T)

Authority to Execute and Perform Agreement. Each of the Parent and Merger Sub has the requisite corporate power and all authority required to enter into, execute and deliver this Agreement and the Transaction Documents to which it is a party, to perform fully its obligations hereunder and thereunder and to consummate the Transactionshereunder. The execution, execution and delivery and performance by each of the Parent and Merger Sub of this Agreement and the consummation by the Parent and Merger Sub of the Transactions transactions contemplated hereby have been duly authorized by all necessary corporate actionaction on the part of Parent and Merger Sub. This Agreement has been duly executed and delivered by each of Parent and Merger Sub and constitutes their valid and binding obligations, enforceable against each of them in accordance with its terms.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Antigenics Inc /De/), Agreement and Plan of Merger (Antigenics Inc /De/)

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Authority to Execute and Perform Agreement. Each of the Parent and Merger Sub has each have the requisite power and all authority required to enter into, execute and deliver this Agreement and the Transaction Documents to which it is a they are party, to perform its their respective obligations hereunder and thereunder and to consummate the Transactions. The execution, delivery and performance by each of the Parent and Merger Sub of this Agreement and the consummation by the Parent and Merger Sub of the Transactions have been duly authorized by all necessary corporate action.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Infodata Systems Inc)

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