Common use of Power and Authority; Authorization Clause in Contracts

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.)

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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.)

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