Common use of Authorization; Consents Clause in Contracts

Authorization; Consents. The Company has the requisite corporate power and authority to enter into and perform its obligations under this Agreement and to issue and sell the Securities to the Investor in accordance with the terms hereof. All consents, approvals, orders and authorizations required on the part of the Company in connection with the execution, delivery or performance of this Agreement have been obtained or made, other than such consents, approvals, orders and authorizations the failure of which to make or obtain would not have a Material Adverse Effect.

Appears in 6 contracts

Samples: Shares Purchase Agreement (Fresh2 Group LTD), Common Stock Purchase Agreement (SemiLEDs Corp), Securities Purchase Agreement (AnPac Bio-Medical Science Co., Ltd.)

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Authorization; Consents. The Company has the requisite corporate power and authority to enter into and perform its obligations under this Agreement and the Agreement, to issue and sell the Securities Units to the Investor Purchasers in accordance with the terms hereof. All consents, approvals, orders and authorizations required corporate action on the part of the Company in connection with necessary for the executionauthorization, execution and delivery of, and the performance by the Company of its obligations under, the Agreement has been taken, and no further consent or performance authorization of this Agreement have been obtained the Company, its Board of Directors, its stockholders, any governmental agency or madeorganization, or any other than such consents, approvals, orders and authorizations the failure of which to make person or obtain would not have a Material Adverse Effectentity is required.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Valley Forge Composite Technologies, Inc.), Securities Purchase Agreement (Valley Forge Composite Technologies, Inc.), Securities Purchase Agreement (Valley Forge Composite Technologies, Inc.)

Authorization; Consents. The Company has the requisite corporate power and authority to enter into and perform its obligations under this Agreement and to issue and sell the Transaction Documents, including, without limitation, the issuance of the Securities to the Investor Holders in accordance with the terms hereof. All consents, approvals, orders hereof and authorizations required on the part of the Company in connection with the execution, delivery or performance of this Agreement have been obtained or made, other than such consents, approvals, orders and authorizations the failure of which to make or obtain would not have a Material Adverse Effectthereof.

Appears in 4 contracts

Samples: Securities Investment and Subscription Agreement (Ener1 Inc), Securities Investment and Subscription Agreement (Ener1 Inc), Securities Investment and Subscription Agreement (Ener1 Inc)

Authorization; Consents. The Company has the requisite corporate power and authority to enter into and perform its obligations under this Agreement and to issue and sell the Securities to the Investor in accordance with the terms hereofWarrants. All consents, approvals, orders and authorizations required corporate action on the part of the Company in connection with by its officers, directors and shareholders necessary for the executionauthorization, execution and delivery or of, and the performance by the Company of its obligations under, this Agreement have has been obtained taken, and no further consent or madeauthorization of the Company, its Board of Directors, shareholders, any governmental authority or organization, or any other than such consents, approvals, orders and authorizations the failure of which to make person or obtain would not have a Material Adverse Effectentity is required.

Appears in 2 contracts

Samples: Conversion Agreement (Ener1 Inc), Conversion Agreement (Ener1 Inc)

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Authorization; Consents. The Company has the requisite corporate power and authority to enter into and perform its obligations under this Agreement and to issue and sell the Securities to the Investor Investors in accordance with the terms hereof. All consents, approvals, orders and authorizations required on the part of the Company or its Subsidiaries in connection with the execution, delivery or performance of this Agreement have been obtained or made, other than such consents, approvals, orders and authorizations the failure of which to make or obtain would not have a Material Adverse Effect.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Imax Corp), Securities Purchase Agreement (Imax Corp)

Authorization; Consents. The Company has the requisite corporate power and authority to enter into and perform its obligations under this Agreement and the Transaction Documents, to issue and sell the Securities Shares to the Investor Investors in accordance with the terms hereofhereof and thereof. All consents, approvals, orders and authorizations required on the part No further consent or authorization of the Company in connection with the executionCompany, delivery its Board of Directors, any Governmental Authority or performance of this Agreement have been obtained organization, or made, any other Person is required (other than such consents, approvals, orders approval as may be required under the Securities Act and applicable state securities laws in respect of the Registration Rights Agreement) except for such consents or authorizations the failure of which to make or obtain would not that have a Material Adverse Effectbeen obtained.

Appears in 1 contract

Samples: Stock Purchase Agreement (Lipid Sciences Inc/)

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