Common use of Legal Power and Authority Clause in Contracts

Legal Power and Authority. This Agreement has been duly authorized, executed and delivered by the Company. The Company has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the offering of the Placement Shares.

Appears in 3 contracts

Samples: Pangaea Logistics Solutions Ltd., Pangaea Logistics Solutions Ltd., Eagle Bulk Shipping Inc.

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Legal Power and Authority. This Agreement has been duly authorized, executed and delivered by the Company. The Company has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the offering of the Placement SharesSecurities.

Appears in 1 contract

Samples: Underwriting Agreement (Eagle Bulk Shipping Inc.)

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