Common use of Legal Power and Authority Clause in Contracts

Legal Power and Authority. The Company has all necessary power and authority to execute, deliver and perform its obligations under the Transaction Documents and to consummate the Transactions, and no stockholder actions are necessary for the Company’s execution, delivery and performance of its obligations under the Transaction Documents and to consummate the Transactions.

Appears in 2 contracts

Samples: Securities Purchase Agreement (BioScrip, Inc.), Securities Purchase Agreement (Coliseum Capital Management, LLC)

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Legal Power and Authority. The Company has all necessary power and authority to execute, deliver and perform its obligations under the Transaction Documents and to consummate the Transactions, and no stockholder actions are necessary for the Company’s execution, delivery and performance of its obligations under the Transaction Documents and to consummate the Transactions, other than, for the avoidance of doubt, Stockholder Approval to allow the Company to comply with its obligations under Section 4(b) of this Agreement.

Appears in 2 contracts

Samples: Exchange Agreement (BioScrip, Inc.), Exchange Agreement (BioScrip, Inc.)

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