Common use of Power and Authority; Enforceability Clause in Contracts

Power and Authority; Enforceability. Buyer has the relevant entity power and authority to execute and deliver each Transaction Document to which it is party, and to perform and consummate the Transactions. Buyer has taken all action necessary to authorize the execution and delivery of each Transaction Document to which it is party, the performance of its obligations thereunder, and the consummation of the Transactions. Each Transaction Document to which Buyer is a party has been duly authorized, executed and delivered by, and is Enforceable against, Buyer.

Appears in 5 contracts

Samples: Stock Purchase Agreement (Eex Corp), Share Transfer Agreement (Prime Medical Services Inc /Tx/), Stock Purchase Agreement (Northgate Innovations Inc)

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Power and Authority; Enforceability. Buyer has the relevant entity corporate power and authority to execute and deliver each Transaction Document to which it is a party, and to perform and consummate the Transactions. Buyer has taken all action necessary to authorize the execution and delivery of each Transaction Document to which it is a party, the performance of its Buyer’s obligations thereunder, and the consummation of the Transactions. Each Transaction Document to which Buyer is a party has been duly authorized, executed and delivered by, and is Enforceable against, Buyer, if Buyer is a party thereto.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Insight Health Services Holdings Corp), Asset Purchase Agreement (Insight Health Services Holdings Corp)

Power and Authority; Enforceability. Buyer has the relevant entity power and authority to execute and deliver each Transaction Document to which it is party, and to perform and consummate the Transactions. Buyer has taken all action necessary to authorize the execution and delivery of each Transaction Document to which it is party, the performance of its obligations thereunder, and the consummation of the Transactions. Each Transaction Document to which Buyer is a party has been duly authorized, executed and delivered by, and is Enforceable against, Buyer.

Appears in 1 contract

Samples: Stock Purchase Agreement (Emerging Alpha Corp)

Power and Authority; Enforceability. Buyer has the relevant entity corporate power and authority to execute and deliver each Transaction Document to which it is party, and to perform and consummate the Transactions. Buyer has taken all action necessary to authorize the execution and delivery of each Transaction Document to which it is party, the performance of its Buyer’s obligations thereunder, and the consummation of the Transactions. Each Transaction Document to which Buyer is a party has been duly authorized, executed executed, and delivered by, and is Enforceable against, Buyer.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Mistras Group, Inc.)

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Power and Authority; Enforceability. Buyer has the relevant entity power and authority necessary to execute and deliver each Transaction Document to which it is party, a party and to perform and consummate the Transactions. Buyer has taken all action necessary to authorize the its execution and delivery of each Transaction Document to which it Buyer is a party, the performance of its obligations thereunder, thereunder and the its consummation of the Transactions. Each Transaction Document to which Buyer is a party has been duly authorized, executed and delivered by, by Buyer and is Enforceable againstenforceable against Buyer in accordance with its terms, Buyersubject to the Enforceability Exception.

Appears in 1 contract

Samples: Stock Purchase Agreement (Arthrocare Corp)

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