Common use of Authorization of Transactions Clause in Contracts

Authorization of Transactions. Buyer is a limited liability company, duly qualified under the laws of the State of Delaware, and has the requisite power and capacity to execute and deliver the Transaction Documents to which it is a party and to perform its obligations hereunder and thereunder. The execution, delivery and performance by Buyer of the applicable Transaction Documents and the consummation of the Transactions have been duly and validly authorized by all requisite action on the part of Buyer. The Transaction Documents to which Buyer is a party have been duly and validly executed and delivered by Buyer. Each Transaction Document to which Buyer is a party constitutes the valid and legally binding obligation of Buyer, enforceable against Buyer in accordance with its terms and conditions, except to the extent enforcement thereof may be limited by applicable bankruptcy, insolvency or other Laws affecting the enforcement of creditors’ rights or by the principles governing the availability of equitable remedies.

Appears in 7 contracts

Samples: Note Purchase Agreement (Electromedical Technologies, Inc), Note Purchase Agreement (Electromedical Technologies, Inc), Note Purchase Agreement (Electromedical Technologies, Inc)

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Authorization of Transactions. Buyer is a limited liability company, duly qualified under the laws of the State of DelawareNew York, and has the requisite power and capacity to execute and deliver the Transaction Documents to which it is a party and to perform its obligations hereunder and thereunder. The execution, delivery and performance by Buyer of the applicable Transaction Documents and the consummation of the Transactions have been duly and validly authorized by all requisite action on the part of Buyer. The Transaction Documents to which Buyer is a party have been duly and validly executed and delivered by Buyer. Each Transaction Document to which Buyer is a party constitutes the valid and legally binding obligation of Buyer, enforceable against Buyer in accordance with its terms and conditions, except to the extent enforcement thereof may be limited by applicable bankruptcy, insolvency or other Laws affecting the enforcement of creditors’ rights or by the principles governing the availability of equitable remedies.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Clubhouse Media Group, Inc.), Securities Purchase Agreement (Clubhouse Media Group, Inc.), Securities Purchase Agreement (Clubhouse Media Group, Inc.)

Authorization of Transactions. Buyer is a limited liability companycorporation, duly qualified under the laws of the State of Delawareauthorized and in good standing in Saint Kitts and Nevis, and has the requisite power and capacity to execute and deliver the Transaction Documents Documents, to which it is a party and to perform its obligations hereunder and thereunder. The execution, delivery and performance by Buyer of the applicable Transaction Documents and the consummation of the Transactions have been duly and validly authorized by all requisite action on the part of Buyer. The Transaction Documents to which Buyer Xxxxx is a party have been duly and validly executed and delivered by BuyerXxxxx. Each Transaction Document to which Buyer is a party constitutes the valid and legally binding obligation of Buyer, enforceable against Buyer in accordance with its terms and conditions, except to the extent enforcement thereof may be limited by applicable bankruptcy, insolvency or other Laws affecting the enforcement of creditors’ rights or by the principles governing the availability of equitable remedies.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Grom Social Enterprises, Inc.), Securities Purchase Agreement (Grom Social Enterprises, Inc.)

Authorization of Transactions. Buyer is a limited liability companynatural person, duly qualified under the laws of resident in the State of DelawareFlorida, and has the requisite power and capacity to execute and deliver the Transaction Documents to which it is a party and to perform its Buyer’s obligations hereunder and thereunder. The execution, delivery and performance by Buyer of the applicable Transaction Documents and the consummation of the Transactions have been duly and validly authorized by all requisite action on the part of Buyer. The Transaction Documents to which Buyer is a party have been duly and validly executed and delivered by Buyer. Each Transaction Document to which Buyer is a party constitutes the valid and legally binding obligation of Buyer, enforceable against Buyer in accordance with its terms and conditions, except to the extent enforcement thereof may be limited by applicable bankruptcy, insolvency or other Laws affecting the enforcement of creditors’ rights or by the principles governing the availability of equitable remedies.

Appears in 2 contracts

Samples: Note Purchase Agreement (Credex Corp), Note Purchase Agreement (Credex Corp)

Authorization of Transactions. The Buyer is a limited liability company, corporation duly qualified under the laws of organized and in good standing in the State of Delaware, Delaware and has the requisite power and capacity to execute and deliver the Transaction Documents to which it is are a party and to perform its obligations hereunder and thereunder. The execution, delivery and performance by Buyer of the applicable Transaction Documents and the consummation of the Transactions have been duly and validly authorized by all requisite action on the part of Buyer. The Transaction Documents to which Buyer Bxxxx is a party have been duly and validly executed and delivered by BuyerBxxxx. Each Transaction Document to which Buyer is a party constitutes the valid and legally binding obligation of Buyer, enforceable against Buyer in accordance with its terms and conditions, except to the extent enforcement thereof may be limited by applicable bankruptcy, insolvency or other Laws affecting the enforcement of creditors’ rights or by the principles governing the availability of equitable remedies.

Appears in 2 contracts

Samples: Note Purchase Agreement (HeartCore Enterprises, Inc.), Note Purchase Agreement (Zerospo)

Authorization of Transactions. Buyer is a limited liability company, duly qualified under the laws of the State of DelawarePuerto Rico, and has the requisite power and capacity to execute and deliver the Transaction Documents to which it is a party and to perform its obligations hereunder and thereunder. The execution, delivery and performance by Buyer of the applicable Transaction Documents and the consummation of the Transactions have been duly and validly authorized by all requisite action on the part of Buyer. The Transaction Documents to which Buyer is a party have been duly and validly executed and delivered by Buyer. Each Transaction Document to which Buyer is a party constitutes the valid and legally binding obligation of Buyer, enforceable against Buyer in accordance with its terms and conditions, except to the extent enforcement thereof may be limited by applicable bankruptcy, insolvency or other Laws affecting the enforcement of creditors’ rights or by the principles governing the availability of equitable remedies.

Appears in 1 contract

Samples: Stock Purchase Agreement (SIMPLICITY ESPORTS & GAMING Co)

Authorization of Transactions. Buyer is a limited liability companycorporation, duly qualified under the laws of authorized and in good standing in the State of Delaware, and has the requisite power and capacity to execute and deliver the Transaction Documents Documents, to which it is a party and to perform its obligations hereunder and thereunder. The execution, delivery and performance by Buyer of the applicable Transaction Documents and the consummation of the Transactions have been duly and validly authorized by all requisite action on the part of Buyer. The Transaction Documents to which Buyer Bxxxx is a party have been duly and validly executed and delivered by BuyerBxxxx. Each Transaction Document to which Buyer is a party constitutes the valid and legally binding obligation of Buyer, enforceable against Buyer in accordance with its terms and conditions, except to the extent enforcement thereof may be limited by applicable bankruptcy, insolvency or other Laws affecting the enforcement of creditors’ rights or by the principles governing the availability of equitable remedies.

Appears in 1 contract

Samples: Note Purchase Agreement (Pono Capital Two, Inc.)

Authorization of Transactions. Buyer is a limited liability company, corporation duly qualified organized and in good standing under the laws of the State of DelawareFrance, and has the requisite corporate power and capacity to execute and deliver the Transaction Documents Documents, to which it is a party and to perform its obligations hereunder and thereunder. The execution, delivery and performance by Buyer of the applicable Transaction Documents and the consummation of the Transactions have been duly and validly authorized by all requisite action on the part of Buyer. The Transaction Documents to which Buyer is a party have been duly and validly executed and delivered by Buyer. Each Transaction Document to which Buyer is a party constitutes the valid and legally binding obligation of Buyer, enforceable against Buyer in accordance with its terms and conditions, except to the extent enforcement thereof may be limited by applicable bankruptcy, insolvency or other Laws affecting the enforcement of creditors’ rights or by the principles governing the availability of equitable remedies.

Appears in 1 contract

Samples: Securities Purchase Agreement (ZHRH Corp)

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Authorization of Transactions. Buyer is a limited liability company, corporation duly qualified under the laws of authorized and in good standing in the State of Delaware, Delaware and has the requisite power and capacity to execute and deliver the Transaction Documents to which it is a party and to perform its obligations hereunder and thereunder. The execution, delivery and performance by the Buyer of the applicable Transaction Documents and the consummation of the Transactions have been duly and validly authorized by all requisite action on the part of the Buyer. The Transaction Documents to which the Buyer is a party have been duly and validly executed and delivered by the Buyer. Each Transaction Document to which Buyer the Company is a party constitutes the valid and legally binding obligation of Buyerthe Company, enforceable against Buyer the Company in accordance with its terms and conditions, except to the extent enforcement thereof may be limited by applicable bankruptcy, insolvency or other Laws affecting the enforcement of creditors’ rights or by the principles governing the availability of equitable remedies.

Appears in 1 contract

Samples: Note Purchase Agreement (Metavesco, Inc.)

Authorization of Transactions. Buyer is a limited liability company, duly qualified under the laws of the State of DelawareNevada, and has the requisite power and capacity to execute and deliver the Transaction Documents to which it is a party and to perform its obligations hereunder and thereunder. The execution, delivery and performance by Buyer of the applicable Transaction Documents and the consummation of the Transactions have been duly and validly authorized by all requisite action on the part of Buyer. The Transaction Documents to which Buyer is a party have been duly and validly executed and delivered by Buyer. Each Transaction Document to which Buyer is a party constitutes the valid and legally binding obligation of Buyer, enforceable against Buyer in accordance with its terms and conditions, except to the extent enforcement thereof may be limited by applicable bankruptcy, insolvency or other Laws affecting the enforcement of creditors’ rights or by the principles governing the availability of equitable remedies.

Appears in 1 contract

Samples: Securities Purchase Agreement (Clubhouse Media Group, Inc.)

Authorization of Transactions. Buyer is a limited liability companycorporation, duly qualified under the laws of authorized and in good standing in the State of Delaware, Florida and has the requisite power and capacity to execute and deliver the Transaction Documents to which it is a party and to perform its obligations hereunder and thereunder. The execution, delivery and performance by Buyer of the applicable Transaction Documents and the consummation of the Transactions have been duly and validly authorized by all requisite action on the part of Buyer. The Transaction Documents to which Buyer is a party have been duly and validly executed and delivered by Buyer. Each Transaction Document to which Buyer is a party constitutes the valid and legally binding obligation of Buyer, enforceable against Buyer in accordance with its terms and conditions, except to the extent enforcement thereof may be limited by applicable bankruptcy, insolvency or other Laws affecting the enforcement of creditors’ rights or by the principles governing the availability of equitable remedies.

Appears in 1 contract

Samples: Stock Purchase Agreement (Nutralife Biosciences, Inc)

Authorization of Transactions. Buyer is a limited liability company, corporation duly qualified under the laws of the State of Delaware, authorized and in good standing in Wyoming and has the requisite power and capacity to execute and deliver the Transaction Documents to which it is a party and to perform its obligations hereunder and thereunder. The execution, delivery and performance by Buyer of the applicable Transaction Documents and the consummation of the Transactions have been duly and validly authorized by all requisite action on the part of Buyer. The Transaction Documents to which Buyer Bxxxx is a party have been duly and validly executed and delivered by BuyerBxxxx. Each Transaction Document to which Buyer is a party constitutes the valid and legally binding obligation of Buyer, enforceable against Buyer in accordance with its terms and conditions, except to the extent enforcement thereof may be limited by applicable bankruptcy, insolvency or other Laws affecting the enforcement of creditors’ rights or by the principles governing the availability of equitable remedies.

Appears in 1 contract

Samples: Securities Purchase Agreement (Metavesco, Inc.)

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