Power and Authority; Authorization. (a) Each of the Investees has all necessary corporate power and authority to execute and deliver this Agreement and each other Investment Document to which it is a party, and to perform its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby.
Appears in 4 contracts
Samples: Investment Agreement (China Mass Media International Advertising Corp.), Investment Agreement (China Mass Media International Advertising Corp.), Investment Agreement (China Mass Media International Advertising Corp.)
Power and Authority; Authorization. (a) Each of the Investees Sellers and the Company has all necessary corporate power and authority to execute and deliver this Agreement and each other Investment Document to which it is a party, and to perform its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby.
Appears in 2 contracts
Samples: Investment Agreement (China Mass Media International Advertising Corp.), Investment Agreement (China Mass Media International Advertising Corp.)