Common use of Capacity and Authority Clause in Contracts

Capacity and Authority. Such Purchaser has the requisite capacity and authority to execute, deliver and perform each of the Transaction Documents and any and all ancillary documents thereto and to consummate the transactions contemplated thereby.

Appears in 2 contracts

Samples: Secured Note Purchase Agreement (China Granite Corp), Convertible Note Purchase Agreement (Dyntek Inc)

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Capacity and Authority. Such The Purchaser has the requisite capacity and authority to execute, deliver and perform each of the Transaction Documents and any and an all ancillary documents thereto and to consummate the transactions contemplated thereby. Each of the Transaction Documents executed and delivered by the Purchaser have been duly executed and delivered by the Purchaser and each is a valid and binding obligation of the Purchaser, enforceable against the Purchaser in accordance with their terms.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Acclaim Entertainment Inc)

Capacity and Authority. Such The Purchaser has the requisite capacity and authority to execute, deliver and perform each of the Share Transaction Documents and any and all ancillary documents thereto and to consummate the transactions contemplated thereby.

Appears in 1 contract

Samples: Subscription Agreement (Central European Media Enterprises LTD)

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Capacity and Authority. Such Purchaser has the requisite capacity and authority to execute, deliver and perform each of the Transaction Documents and any and an all ancillary documents thereto and to consummate the transactions contemplated thereby. Each of the Transaction Documents have been duly executed and delivered by the Purchaser and is a valid and binding obligation of each of the Purchasers, enforceable against each of the Purchasers in accordance with their terms.

Appears in 1 contract

Samples: Investment Agreement (Acclaim Entertainment Inc)

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