Common use of Authorization; Enforceability; No Violations Clause in Contracts

Authorization; Enforceability; No Violations. (a) Such Purchaser is duly organized and validly existing in good standing as a partnership under the laws of the jurisdiction of its incorporation or organization and has all requisite limited partnership power and authority to own its properties and assets and to carry on its business as it is now being conducted. Such Purchaser has the power to execute, deliver and perform the terms and provisions of the Documents and has taken all necessary action to authorize the execution, delivery and performance by it of such Documents and to consummate the transactions contemplated hereby and thereby. No other proceedings on the part of such Purchaser is necessary therefor.

Appears in 3 contracts

Samples: Form of Purchase Agreement (Us Search Corp Com), Purchase Agreement (Us Search Corp Com), Form of Purchase Agreement (Us Search Corp Com)

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Authorization; Enforceability; No Violations. (a) Such Purchaser is duly organized and organized, validly existing and in good standing as a partnership under the laws of the its jurisdiction of its incorporation or organization and has all requisite limited partnership power and authority to own its properties and assets and to carry on its business as it is now being conducted. Such Purchaser has the power to execute, deliver and perform the terms and provisions of this Agreement and the other Transaction Documents to which it is a party and has taken all necessary action to authorize the execution, delivery and performance by it of, and the consummation of such Documents and to consummate the transactions contemplated hereby by, this Agreement and thereby. No such other proceedings on the part of such Purchaser is necessary thereforTransaction Documents.

Appears in 2 contracts

Samples: Securities Purchase Agreement (General Moly, Inc), Investment and Securities Purchase Agreement (General Moly, Inc)

Authorization; Enforceability; No Violations. (a) Such Each Purchaser is duly organized and validly existing existing, in each case, in good standing as a partnership under the laws of the its jurisdiction of its incorporation organization or organization registration and has all requisite limited corporate or partnership power and authority to own its properties and assets and to carry on its business as it is now being conducted. Such Each Purchaser has the partnership power to execute, deliver and perform the terms and provisions of the Acquisition Documents to which it is a party and has taken all necessary partnership action to authorize the execution, delivery and performance by it of such Acquisition Documents and to consummate the transactions contemplated hereby and thereby. No other partnership proceedings on the part of any such Purchaser is necessary therefor.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Renters Choice Inc), Stock Purchase Agreement (Apollo Investment Fund Iv Lp)

Authorization; Enforceability; No Violations. (a) Such The Purchaser is duly organized and validly existing in good standing as a partnership corporation under the laws of the its jurisdiction of its incorporation or organization and has all requisite limited partnership corporate power and authority to own its properties and assets and to carry on its business as it is now being conducted. Such The Purchaser has the corporate power to execute, deliver and perform the terms and provisions of the Documents and has taken all necessary corporate action to authorize the execution, delivery and performance by it of such Documents and to consummate the transactions contemplated hereby and thereby. No other corporate proceedings on the part of such the Purchaser is necessary therefor.

Appears in 1 contract

Samples: Purchase Agreement (Royal Ahold)

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Authorization; Enforceability; No Violations. (a) Such If such Purchaser is or purports to be a corporation, partnership, limited partnership, limited liability company or other entity, such Purchaser is duly organized and validly existing in good standing as a partnership under the laws of the jurisdiction of its incorporation or organization and has all requisite limited partnership power and authority to own its properties and assets and to carry on its business as it is now being conducted. Such Purchaser has the power to execute, deliver and perform the terms and provisions of the Documents and has taken all necessary action to authorize the execution, delivery and performance by it of such Documents and to consummate the transactions contemplated hereby and thereby. No other proceedings on the part of such Purchaser is necessary therefor.

Appears in 1 contract

Samples: Form of Purchase Agreement (Us Search Corp Com)

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