Common use of Authority of Buyer Clause in Contracts

Authority of Buyer. Buyer has full right, authority and power to enter into this Agreement and each agreement, document and instrument to be executed and delivered by Buyer pursuant to this Agreement and to carry out the transactions contemplated hereby. The execution, delivery and performance by Buyer of this Agreement and each such other agreement, document and instrument have been duly authorized by all necessary corporate action of Buyer and no other action on the part of Buyer is required in connection therewith. This Agreement and each other agreement, document and instrument executed and delivered by Buyer pursuant to this Agreement constitute, or when executed and delivered will constitute, valid and binding obligations of Buyer enforceable in accordance with their terms.

Appears in 4 contracts

Samples: Stock Purchase Agreement (C Quential Inc), Stock Purchase Agreement (Marketing Specialists Corp), Stock Purchase Agreement (Marketing Specialists Corp)

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Authority of Buyer. Buyer has full right, authority and power to enter into this Agreement and each agreement, document and instrument to be executed and delivered by Buyer pursuant to this Agreement and to carry out the transactions contemplated hereby. The execution, delivery and performance by Buyer of this Agreement and each such other agreement, document and instrument have been duly authorized by all necessary corporate action of Buyer and no other action on the part of Buyer is required in connection therewith. This Agreement and each other agreement, document and instrument executed and delivered by Buyer pursuant to this Agreement constitute, or when executed and delivered will constitute, valid and binding obligations of Buyer enforceable in accordance with their terms.. The execution, delivery and performance by Buyer of this Agreement and each such agreement, document and instrument:

Appears in 3 contracts

Samples: Asset Purchase Agreement (Brooktrout Technology Inc), Asset Purchase Agreement (Xircom Inc), Stock Purchase Agreement (Nextera Enterprises Inc)

Authority of Buyer. Buyer has full right, corporate power and authority and power to enter into this Agreement and each agreement, document and instrument to be executed and delivered by Buyer pursuant to this Agreement and to carry out the transactions contemplated herebyhereby and thereby. The execution, delivery and performance by Buyer of this Agreement and each such other agreement, document and instrument have been duly authorized by all necessary corporate action of Buyer and no other action on the part of Buyer is required in connection therewith. This Agreement and each other agreement, document and instrument executed and delivered by Buyer pursuant to this Agreement constituteconstitutes, or when executed and delivered will constitute, the valid and binding obligations obligation of Buyer enforceable in accordance with their its terms.. The execution, delivery and performance by Buyer of this Agreement and each agreement, document and instrument contemplated hereby:

Appears in 2 contracts

Samples: Asset Purchase Agreement (Natrol Inc), Asset Purchase Agreement (Natrol Inc)

Authority of Buyer. Buyer has full right, authority and power to enter into this Agreement Agreement, the Notes and each agreement, document and instrument to be executed and delivered by Buyer pursuant to this Agreement and to carry out the transactions contemplated hereby. The execution, delivery and performance by Buyer of this Agreement Agreement, the Notes and each such other agreement, document and instrument have been duly authorized by all necessary corporate action of Buyer and no other action on the part of Buyer is required in connection therewith. This Agreement Agreement, the Notes and each other agreement, document and instrument executed and delivered by Buyer pursuant to this Agreement constitute, or when executed and delivered will constitute, valid and binding obligations of Buyer enforceable in accordance with their terms.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Marketing Specialists Corp), Stock Purchase Agreement (Marketing Specialists Corp)

Authority of Buyer. Buyer has full right, authority and power to ------------------ enter into this Agreement and each agreement, document and instrument to be executed and delivered by Buyer pursuant to this Agreement and to carry out the transactions contemplated hereby. The execution, delivery and performance by Buyer of this Agreement and each such other agreement, document and instrument have been duly authorized by all necessary corporate action of Buyer and no other action on the part of Buyer is required in connection therewith. This Agreement and each other agreement, document and instrument executed and delivered by Buyer pursuant to this Agreement constitute, or when executed and delivered will constitute, valid and binding obligations of Buyer enforceable in accordance with their terms.. The execution, delivery and performance by Buyer of this Agreement and each such agreement, document and instrument:

Appears in 2 contracts

Samples: Asset Purchase Agreement (Segue Software Inc), Asset Purchase Agreement (Segue Software Inc)

Authority of Buyer. Buyer has full right, authority and power to enter into this Agreement and each agreement, document and instrument to be executed and delivered by Buyer pursuant to this Agreement (the "BUYER ANCILLARY DOCUMENTS") and to carry out the transactions contemplated hereby. The execution, delivery and performance by Buyer of this Agreement and each such other agreement, document and instrument Buyer Ancillary Document have been duly authorized by all necessary corporate action of Buyer and no other action on the part of Buyer is required in connection therewith. This Agreement and each other agreement, document and instrument executed and delivered by Buyer pursuant to this Agreement Ancillary Document constitute, or when executed and delivered will constitute, valid and binding obligations of Buyer enforceable in accordance with their termsterms (subject to applicable bankruptcy, insolvency and similar laws affecting creditors' rights generally and subject, as to enforceability, to general principles of equity).

Appears in 1 contract

Samples: Asset Purchase Agreement (Peoples Bancshares Inc)

Authority of Buyer. Buyer has full right, all necessary authority and power to enter into this Agreement and each agreement, document and instrument to be executed and delivered by Buyer pursuant to this Agreement and to carry out the transactions contemplated hereby. The execution, delivery and performance by Buyer of this Agreement and each such other agreement, document and instrument the consummation of the transactions contemplated hereby have been duly authorized by all necessary corporate action of Buyer and no other action on the part of Buyer is required in connection therewith. The consent of Buyer's stockholders is not required in connection with the execution, delivery and performance by Buyer of this Agreement or the consummation of the transactions contemplated hereby. This Agreement and each other agreement, document and instrument executed and delivered by Buyer pursuant to this Agreement constituteconstitutes, or when executed and delivered will constitute, the valid and binding obligations obligation of Buyer Buyer, enforceable in accordance with their its terms.. The execution, delivery and performance by Buyer of this Agreement do not, and the performance by Buyer of the transactions contemplated hereby will not:

Appears in 1 contract

Samples: Asset Purchase Agreement (MRV Communications Inc)

Authority of Buyer. Buyer has full right, authority and power to ------------------ enter into this Agreement and each agreement, document and instrument to be executed and delivered by Buyer pursuant to this Agreement and to carry out the transactions contemplated hereby. The execution, delivery and performance by Buyer of this Agreement and each such other agreement, document and instrument have been duly authorized by all necessary corporate action of Buyer and no other action on the part of Buyer is required in connection therewith. This Agreement and each other agreement, document and instrument executed and delivered by Buyer pursuant to this Agreement constitute, or when executed and delivered will constitute, valid and binding obligations of Buyer enforceable in accordance with their terms.

Appears in 1 contract

Samples: Stock Purchase Agreement (Merkert American Corp)

Authority of Buyer. Buyer has full right, corporate authority and power to enter into this Agreement and each agreement, document and instrument to be executed and delivered by Buyer pursuant to this Agreement and to carry out the transactions contemplated herebyperform its obligations hereunder. The execution, delivery and due performance by Buyer of this Agreement and each such other agreement, document and instrument have been duly authorized by all necessary corporate action of Buyer and no other action on the part of Buyer is required in connection therewithherewith. This Agreement and each other agreement, document and instrument executed and delivered by Buyer pursuant to this Agreement constituteconstitutes, or when executed and delivered will constitute, valid and binding obligations of Buyer enforceable in accordance with their terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Webhire Inc)

Authority of Buyer. Buyer has full right, authority and power to enter into this Agreement and each agreement, document and instrument to be executed and delivered by Buyer pursuant to this Agreement and to carry out the transactions contemplated hereby. The execution, delivery and performance by Buyer of this Agreement Agreement, and each such other agreement, document and instrument have been duly authorized by all necessary corporate action of Buyer and no other action on the part of Buyer is required in connection therewith. This Agreement and each other agreement, document and instrument to be executed and delivered by Buyer pursuant to this Agreement constitute, or when executed and delivered will constitute, valid and binding obligations of Buyer enforceable in accordance with their terms.. The execution, delivery and performance by Buyer of this Agreement and each such agreement, document and instrument:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Primix)

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Authority of Buyer. Buyer has full right, authority and power to enter into this Agreement Agreement, and each agreement, document and instrument to be executed and delivered by Buyer pursuant to this Agreement and to carry out the transactions contemplated herebytransactions. The execution, delivery and performance by Buyer of this Agreement Agreement, and each such other agreement, document and instrument have been duly authorized by all necessary corporate action of Buyer and no other action on the part of Buyer is required in connection therewith. This Agreement Agreement, and each other agreement, document and instrument executed and delivered by Buyer pursuant to this Agreement constitute, or when executed and delivered will constitute, valid and binding obligations of Buyer enforceable in accordance with their terms.. The execution, delivery and performance by Buyer of this Agreement, and each agreement, document and instrument:

Appears in 1 contract

Samples: Stock Purchase Agreement (Continucare Corp)

Authority of Buyer. Buyer has full right, authority and power to enter into this Agreement Agreement, and each agreement, document and instrument to be executed and delivered by Buyer pursuant to this Agreement and to carry out the transactions contemplated herebytransactions. The execution, delivery and performance by Buyer of this Agreement Agreement, and each such other agreement, document and instrument have been duly authorized by all necessary corporate action of Buyer and no other action on the part of Buyer is required in connection therewith. This Agreement Agreement, and each other agreement, document and instrument executed and delivered by Buyer pursuant to this Agreement constitute, or when executed and delivered will constitute, valid and binding obligations of Buyer enforceable in accordance with their terms.

Appears in 1 contract

Samples: Stock Purchase Agreement (QPQ Corp)

Authority of Buyer. Buyer has full right, authority and power to enter into this Agreement and each agreement, document and instrument to be executed and delivered by Buyer pursuant to this Agreement and to carry out the transactions contemplated hereby. The execution, delivery and performance by Buyer of this Agreement Agreement, and each such other agreement, document and instrument have been duly authorized by all necessary corporate action of Buyer and no other action on the part of Buyer is required in connection therewith. This Agreement and each other agreement, document and instrument executed and delivered by Buyer pursuant to this Agreement constitute, or when executed and delivered will constitute, valid and binding obligations of Buyer enforceable in accordance with their terms.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Primix)

Authority of Buyer. Buyer has full right, authority and power to ------------------ enter into this Agreement and each agreement, document and instrument to be executed and delivered by Buyer pursuant to this Agreement and to carry out the transactions contemplated hereby. The execution, delivery and performance by Buyer of this Agreement and each such other agreement, document and instrument have been duly authorized by all necessary corporate action of Buyer and no other action on the part of Buyer or its stockholders is required in connection therewith. This Agreement and each other agreement, document and instrument executed and delivered by Buyer pursuant to this Agreement constituteconstitutes, or when executed and delivered will constitute, valid and binding obligations of Buyer enforceable in accordance with their terms.. The execution, delivery and performance by Buyer of this Agreement and each such agreement, document and instrument:

Appears in 1 contract

Samples: Stock Purchase Agreement (Monroe Inc)

Authority of Buyer. Buyer has full right, authority and power to enter into this Agreement and each agreement, document and instrument to be executed and delivered by Buyer pursuant to this Agreement and to carry out the transactions contemplated hereby. The execution, delivery and performance by Buyer of this Agreement and each such other agreement, document and instrument have been duly authorized by all necessary corporate action of Buyer and no other action on the part of Buyer is required in connection therewith. This Agreement and each other agreement, document and instrument executed and delivered by the Buyer pursuant to this Agreement constituteconstitutes, or when executed and delivered will constitute, valid and binding obligations of the Buyer enforceable in accordance with their terms.. The execution, delivery and performance by the Buyer of this Agreement and each such agreement, document and instrument:

Appears in 1 contract

Samples: Stock Purchase Agreement (Breda Telephone Corp)

Authority of Buyer. Buyer has full rightthe requisite corporate, authority and power to enter into this Agreement and each agreement, document and instrument to be executed and delivered by Buyer pursuant to this Agreement and to carry out the transactions contemplated hereby. The execution, delivery and performance by Buyer of this Agreement Agreement, and each such other agreement, document and instrument have been duly authorized by all necessary corporate action of Buyer and no other action on the part of Buyer is required in connection therewith. This Agreement and each other agreement, document and instrument executed and delivered by Buyer pursuant to this Agreement constitute, or when executed and delivered will constitute, valid and binding obligations of Buyer enforceable in accordance with their terms.. The execution, delivery and performance by Buyer of this Agreement and each such agreement, document and instrument:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Primix)

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