Authorization, Execution and Enforceability. (a) The Company has all requisite corporate power and authority to execute, deliver and perform this Agreement and to consummate the Transactions. The execution, delivery and performance of this Agreement and the consummation of the Transactions has been duly authorized by the Board and no further corporate action on the part of the Company (including any action by the shareholders of the Company) is required in connection therewith.
Appears in 2 contracts
Samples: Share Subscription Agreement (Ma Kevin Xiaofeng), Share Subscription Agreement
Authorization, Execution and Enforceability. (a) The Company has all requisite corporate power and authority to execute, deliver and perform this Agreement each Transaction Document to which it is a party and to consummate each of the Transactions. The execution, delivery and performance of this Agreement each Transaction Document to which the Company is a party and the consummation of each of the Transactions has been duly authorized by the Board and no further corporate action on the part of the Company (including any action by the shareholders of the Company) is required in connection therewith.
Appears in 2 contracts
Samples: Purchase Agreement (China BCT Pharmacy Group, Inc.), Purchase Agreement (China BCT Pharmacy Group, Inc.)
Authorization, Execution and Enforceability. (a) The Company has all requisite corporate power and authority to execute, deliver and perform this Agreement and the each of the other Transaction Agreements and to consummate the Transactions. The execution, delivery and performance of this Agreement and each of the other Transaction Agreements and the consummation of the Transactions has been duly authorized by the Board and the Audit Committee and no further corporate action on the part of the Company (including any action by the shareholders of the Company) is required in connection therewith.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Broadpoint Securities Group, Inc.), Stock Purchase Agreement (Broadpoint Securities Group, Inc.)
Authorization, Execution and Enforceability. (a) The Company has all requisite corporate power and authority to execute, deliver and perform this Agreement each Transaction Document to which it is a party and to consummate each of the Transactions. The execution, delivery and performance of this Agreement each Transaction Document to which the Company is a party and the consummation of each of the Transactions has been duly authorized by the Board and by its Audit Committee and no further corporate action on the part of the Company (including any action by the shareholders of the Company) is required in connection therewith.
Appears in 1 contract
Samples: Series C Convertible Preferred Shares Purchase Agreement (XINHUA SPORTS & ENTERTAINMENT LTD)
Authorization, Execution and Enforceability. (a) The Company has all requisite corporate power and authority to execute, deliver and perform this Agreement each Transaction Document to which it is a party and to consummate each of the Transactions. The Other than the Authorizing Resolution, the execution, delivery and performance of this Agreement each Transaction Document to which the Company is a party and the consummation of each of the Transactions has been duly authorized by the Board and no further corporate action on the part of the Company (including any action by the shareholders of the Company) is required in connection therewith.
Appears in 1 contract