Common use of Authority to Purchase Clause in Contracts

Authority to Purchase. The execution and delivery of this Agreement and the completion of the transaction contemplated by this Agreement has been duly and validly authorized by all necessary corporate action on the part of the Purchaser, and this Agreement constitutes a legal, valid and binding obligation of the Purchaser enforceable against the Purchaser in accordance with its terms except as limited by laws of general application affecting the rights of creditors.

Appears in 56 contracts

Samples: Asset Purchase Agreement (Dussault Apparel Inc.), Asset Transfer and Liability Assumption Agreement (Rango Energy, Inc.), Asset Purchase Agreement (Jasper Explorations Inc.)

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Authority to Purchase. The execution and delivery of this Agreement and the completion of the transaction contemplated by this Agreement has have been duly and validly authorized by all necessary corporate action on the part of the Purchaser, and this Agreement constitutes a legal, valid and binding obligation of the Purchaser enforceable against the Purchaser in accordance with its terms except as limited by laws of general application affecting the rights of creditors.

Appears in 6 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Wave Wireless Corp), Asset Purchase Agreement (Unity Wireless Corp)

Authority to Purchase. The execution and delivery of this Agreement and the completion of the transaction contemplated by this Agreement has been duly and validly authorized by all necessary corporate action on the part of the PurchaserBuyer, and this Agreement constitutes a legal, valid and binding obligation of the Purchaser Buyer enforceable against the Purchaser Buyer in accordance with its terms except as limited by laws of general application affecting the rights of creditors.

Appears in 4 contracts

Samples: Amended And (Titan Trading Analytics Inc), Agreement (Titan Trading Analytics Inc), Amended And (Titan Trading Analytics Inc)

Authority to Purchase. The execution and delivery of this Agreement and the completion of the transaction transactions contemplated by this Agreement has hereby have been duly and validly authorized by all necessary corporate action on the part actions of the Purchaser, Purchaser and this Agreement constitutes a legal, valid and binding obligation of the Purchaser enforceable against the Purchaser in accordance with its terms except as may be limited by laws of general application affecting the rights of creditors.;

Appears in 4 contracts

Samples: Asset Transfer Agreement, Asset Transfer Agreement, Asset Transfer Agreement

Authority to Purchase. The execution and delivery of this Agreement and the completion of the transaction contemplated by this Agreement hereby has been duly and validly authorized by all necessary corporate action on the part of the Purchaser, Purchaser and this Agreement constitutes a legal, valid and binding obligation of the Purchaser Purchaser, enforceable against the Purchaser in accordance with its terms except as limited by laws of general application affecting the rights of creditors.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Illumination America, Inc.), Purchase and Sale Agreement (Famous Products Inc), Purchase and Sale Agreement (Legends Enterprises Inc)

Authority to Purchase. The execution and delivery of this Agreement and the completion of the transaction contemplated by this Agreement hereby has been duly and validly authorized by all necessary shareholder and corporate action on the part of the Purchaser, and this Agreement constitutes a legal, valid and binding obligation of the Purchaser enforceable against the Purchaser in accordance with its terms except as limited by to laws of general application affecting the rights of creditors.

Appears in 2 contracts

Samples: Agreement (Southern Ventures Inc), Agreement (Southern Ventures Inc)

Authority to Purchase. The execution All necessary corporate action on the Purchaser's part has duly and validly authorized the signing and delivery of this Agreement and the completion of the transaction contemplated by this Agreement has been duly and validly authorized by all necessary corporate action on the part of the PurchaserAgreement, and this Agreement constitutes a legal, valid valid, and binding obligation of the Purchaser enforceable against the Purchaser in accordance with its terms terms, except as limited by laws of general application affecting the rights of creditors.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Ableauctions Com Inc), Agreement (Ableauctions Com Inc)

Authority to Purchase. The execution and delivery of this Agreement and the completion of the transaction contemplated by this This Agreement has been duly and validly authorized executed and delivered by all necessary corporate action on the part of the Purchaser, Purchaser and this Agreement constitutes a legal, valid and binding obligation of the Purchaser enforceable against the Purchaser in accordance with its terms except as may be limited by laws of general application affecting the rights of creditors.

Appears in 2 contracts

Samples: Share Purchase Agreement (Highland Clan Creations Corp), Share Purchase Agreement (Highland Clan Creations Corp)

Authority to Purchase. The the execution and delivery of this Agreement and the completion of the transaction contemplated by this Agreement hereby has been duly and validly authorized by all necessary corporate action on the part of the Purchaser, and this Agreement constitutes a legal, valid and binding obligation of the Purchaser enforceable against the Purchaser in accordance with its terms except as limited by laws of general application affecting the rights of creditors.

Appears in 1 contract

Samples: Employment Agreement (Global Green Solutions Inc.)

Authority to Purchase. The execution and delivery of this Agreement and the completion of the transaction contemplated by this Agreement has Closing have been duly and validly authorized by all necessary corporate action on the part of the Purchaser, and this Agreement constitutes a legal, valid and binding obligation of the Purchaser enforceable against the Purchaser in accordance with its terms except as limited by laws of general application affecting the rights of creditors.

Appears in 1 contract

Samples: Share Purchase Agreement (Sono Resources, Inc.)

Authority to Purchase. The execution and delivery of this Agreement and the completion of the transaction transactions contemplated by this Agreement has hereby have been duly and validly authorized by all necessary corporate action on the part actions of the Purchaser, Purchaser and this Agreement constitutes a legal, valid and binding obligation of the Purchaser enforceable against the Purchaser in accordance with its terms except as may be limited by laws of general application affecting the rights of creditors.creditors and subject to compliance with the provisions of the Competition Act relating to notifiable transactions;

Appears in 1 contract

Samples: Asset Transfer Agreement

Authority to Purchase. The execution and delivery of this Agreement and the completion of the transaction contemplated by this Agreement has have been duly and validly authorized by all necessary corporate action on the part of the Purchaser, and this Agreement constitutes a legal, valid and binding obligation of the Purchaser enforceable against the Purchaser in accordance with its terms except as limited by laws Laws of general application affecting the rights of creditors.

Appears in 1 contract

Samples: Services Agreement

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Authority to Purchase. The execution and delivery of this Agreement and the completion of the transaction contemplated by this Agreement hereby has been duly and validly authorized by all necessary corporate action on the part of the Purchaser, and this Agreement constitutes a legal, valid and binding obligation of the Purchaser enforceable against the Purchaser in accordance with its terms except as limited by laws of general application affecting the rights of creditors.the

Appears in 1 contract

Samples: Agreement (Forest Glade International Inc)

Authority to Purchase. The execution and delivery of this Agreement agreement and the completion of the transaction contemplated by this Agreement hereby has been duly and validly authorized by all necessary corporate action on the part of the Purchaser, and this Agreement agreement constitutes a legal, valid and binding obligation of the Purchaser enforceable against the Purchaser in accordance with its terms except as limited by laws of general application affecting the rights of creditors.

Appears in 1 contract

Samples: Asset Purchase Agreement (Silicon South Inc)

Authority to Purchase. The execution and delivery of this Agreement and the completion of the transaction contemplated by this Agreement has been duly and validly authorized by all necessary corporate action on the part of the Purchaser, has been duly executed and this Agreement constitutes delivered, and constituted a valid, legal, valid binding and binding obligation enforceable agreement of the Purchaser enforceable against the Purchaser in accordance with its terms except as limited by Purchaser, subject to laws of general application affecting relating to bankruptcy, insolvency and the rights relief of creditorsdebtors and applicable securities laws.

Appears in 1 contract

Samples: Stock Purchase Agreement (Intracel Corp)

Authority to Purchase. The execution and delivery of this Agreement and --------------------- the completion of the transaction contemplated by this Agreement hereby has been duly and validly a authorized by all necessary corporate action on the part of the Purchaser, and this Agreement constitutes a legal, valid and binding obligation of the Purchaser enforceable against the Purchaser in accordance with its terms except as limited by laws of general application affecting the rights of creditors.

Appears in 1 contract

Samples: Agreement (Avvaa World Health Care Products Inc)

Authority to Purchase. The execution and delivery of this Agreement and the completion of the transaction contemplated by this Agreement has have been duly and validly authorized by all necessary corporate action on the part of the PurchaserPurchasers, and this Agreement constitutes a legal, valid and binding obligation of the Purchaser Purchasers enforceable against the Purchaser Purchasers in accordance with its terms except as limited by laws of general application affecting the rights of creditors.

Appears in 1 contract

Samples: Agreement (Garuda Capital Corp)

Authority to Purchase. The execution and delivery of this Agreement Agreement, and the completion of the transaction transactions contemplated by this Agreement has Agreement, have been duly and validly authorized by all necessary corporate action on the part of the PurchaserBuyer, and this Agreement constitutes a legal, valid valid, and binding obligation of the Purchaser Buyer, enforceable against the Purchaser Buyer in accordance with its terms terms, except as limited by laws of general application affecting the rights of creditors, and subject to the availability of any equitable remedy in any particular instance.

Appears in 1 contract

Samples: Share Purchase Agreement (Auto Tool Technologies Inc.)

Authority to Purchase. The execution and delivery of this Agreement and the completion of the transaction transactions contemplated by this Agreement has have been duly and validly authorized by all necessary corporate action on the part of the Purchaser, and this Agreement constitutes a legal, valid and binding obligation of the Purchaser enforceable against the Purchaser in accordance with its terms except as limited by laws of general application affecting the rights of creditors.

Appears in 1 contract

Samples: Agreement (Intelimax Media Inc.)

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