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

Authorization; Enforceability; No Violations. (a) If the Purchaser is not an individual, the Purchaser is duly organized, validly existing and in good standing under the laws of its jurisdiction, has all requisite power and authority to execute, deliver and perform the terms and provisions of this Agreement and has taken all necessary action to authorize the execution, delivery and performance by it of this Agreement and to consummate the transactions contemplated hereby to be performed by it. If the Purchaser is an individual, it has the legal capacity to execute, deliver and perform the terms and provisions of this Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Idaho General Mines Inc)

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Authorization; Enforceability; No Violations. (a) If the Purchaser is not an individual, the The Purchaser is duly organized, validly existing and in good standing under the laws of its jurisdiction, has all requisite power and authority to execute, deliver and perform the terms and provisions of this Agreement and the Registration Rights Agreement and has taken all necessary action to authorize the execution, delivery and performance by it of this Agreement and the Registration Rights Agreement and to consummate the transactions contemplated hereby and thereby to be performed by it. If the Purchaser is an individual, it has the legal capacity to execute, deliver and perform the terms and provisions of this Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Viacom Inc)

Authorization; Enforceability; No Violations. (a) If the Such Purchaser (unless such Purchaser is not an individual, the Purchaser ) is duly organized, validly existing and in good standing under the laws of its jurisdiction, has all requisite power and authority to execute, deliver and perform the terms and provisions of this Agreement, the Registration Rights Agreement and the Escrow Agreement and has taken all necessary action to authorize the execution, delivery and performance by it of this Agreement, the Registration Rights Agreement and the Escrow Agreement and to consummate the transactions contemplated hereby and thereby to be performed by it. If the Purchaser is an individual, it has the legal capacity to execute, deliver and perform the terms and provisions of this Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Computer Motion Inc)

Authorization; Enforceability; No Violations. (a) If the Purchaser is not an individual, the Such Purchaser is duly organized, validly existing and in good standing under the laws of its jurisdiction, has all requisite power and authority to execute, deliver and perform the terms and provisions of this Agreement and the Registration Rights Agreement and has taken all necessary action to authorize the execution, delivery and performance by it of this Agreement and the Registration Rights Agreement and to consummate the transactions contemplated hereby and thereby to be performed by it. If the Purchaser is an individual, it has the legal capacity to execute, deliver and perform the terms and provisions of this Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Hollywood Media Corp)

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Authorization; Enforceability; No Violations. (a) If the Purchaser is not an individual, the Purchaser is duly organized, validly existing and in good standing under the laws of its jurisdiction, has all requisite power and authority to execute, deliver and perform the terms and provisions of this Agreement and has taken all necessary action to authorize the execution, delivery and performance by it of this Agreement and to consummate the transactions contemplated hereby to be performed by it. If the Purchaser is an individual, it has the legal capacity to execute, deliver and perform the terms and provisions of this Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (General Moly, Inc)

Authorization; Enforceability; No Violations. (a) If the Purchaser is not an individual, the Purchaser is duly organized, validly existing and in good standing under the laws of its jurisdiction, has all requisite power and authority to execute, deliver and perform the terms and provisions of this Agreement and has taken all necessary action to authorize the execution, delivery and performance by it of this Agreement and to consummate the transactions contemplated hereby to be performed by it. If the Purchaser is an individual, it he or she has the legal capacity to execute, deliver and perform the terms and provisions of this Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Idaho General Mines Inc)

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