Authorization of Sale. All action necessary to authorize the execution, delivery and performance of this Agreement by Seller shall have been taken, and Seller shall have delivered to Purchaser a certificate to such effect executed by each Seller.
Authorization of Sale. On or prior to the date of this Agreement, the Company’s Board of Directors (the “Board”) shall have authorized the sale and issuance of the Shares and the transactions contemplated by this Agreement, subject to the terms and conditions contained herein.
Authorization of Sale. With respect to Xxxxxx, all partnership ---------------------- action necessary by Xxxxxx to authorize the execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby shall have been duly and validly taken.
Authorization of Sale. OF SHARES; ANTI-DILUTION; EXCHANGE OF SHARES.
Authorization of Sale. Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of up to shares (the “Shares”) of common stock, $.001 par value per share (the “Common Stock”), of the Company and warrants (the “Warrants”) to purchase up to an additional shares of Common Stock (the “Warrant Shares”) at an initial exercise price of $4.06 per share, subject to adjustment, in the form attached hereto as Exhibit A. The Company reserves the right to increase or decrease the number of shares of Common Stock and Warrants sold in this private placement prior to the Closing Date. The Shares, the Warrants and the Warrant Shares are sometimes referred to together as the “Securities.”
Authorization of Sale. Of The Shares Subject to the terms and conditions of this Agreement, the Company has authorized the sale of up to six million (6,000,000) shares (the "Shares") of common stock, par value $0.01 per share (the "Common Stock"), of the Company.
Authorization of Sale. The Seller will provide a resolution of its board of directors authorizing the sale and delivery of the deed, and a certificate of the secretary or assistant secretary of the corporation certifying such resolution and setting forth facts showing that the transfer is in conformity with the requirements of Section 909 of the Business Corporation Law. The deed in such case shall contain a recital sufficient to establish compliance with that section.
Authorization of Sale. The officers of Buyer who sign this Agreement have the requisite capacity, power, and authority to do so. The signing and delivery of this Agreement, and all related documents, by Buyer through its officers, and the performance of the Transaction does not (i) violate any Contract to which Buyer is a party; or (ii) violate any provisions of Buyer's Articles of Organization, Operating Agreement, or any of Buyer's other governing documents.
Authorization of Sale of the Shares -----------------------------------
Authorization of Sale. The execution and delivery, and performance by the Vendor, of this Agreement and each of the Closing Documents to which it is or is to become a party and the completion of the transactions contemplated by them have been duly authorized by all necessary corporate action on behalf of the Vendor.
