Common use of Authorization and Power Clause in Contracts

Authorization and Power. The Purchaser has the requisite power and authority to enter into and perform this Agreement and to purchase the Shares being sold to it hereunder. The execution, delivery and performance of this Agreement by Purchaser and the consummation by it of the transactions contemplated hereby have been duly authorized by all necessary corporate action.

Appears in 31 contracts

Samples: Common Stock Private Purchase Agreement (Nymox Pharmaceutical Corp), Common Stock Private Purchase Agreement (Nymox Pharmaceutical Corp), Common Stock Private Purchase Agreement (Nymox Pharmaceutical Corp)

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Authorization and Power. The Purchaser has the requisite corporate power and corporate authority to enter into and perform this Agreement and to purchase the Shares being sold to it hereunder. The execution, delivery and performance of this Agreement by Purchaser and the consummation by it of the transactions contemplated hereby have been duly authorized by all necessary corporate action.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Viragen Inc), Common Stock Purchase Agreement (Viragen Inc)

Authorization and Power. The Purchaser has the requisite power and authority to enter into and perform this Agreement and to purchase the Shares being sold to it hereunder. The execution, delivery and performance of this Agreement by Purchaser and the consummation by it of the transactions contemplated hereby hereby, including without limitation, consenting to being named as an underwriter in the Registration Statement, have been duly authorized by all necessary corporate action.

Appears in 2 contracts

Samples: Share Purchase Agreement (Corel Corp), Common Stock Purchase Agreement (Pawnbroker Com Inc)

Authorization and Power. The Purchaser has the requisite power and authority to enter into and perform this Agreement and to purchase the Shares being sold to it hereunderShares. The execution, delivery This Agreement has been duly executed and performance of this Agreement delivered by Purchaser and constitutes a valid and binding obligation of Purchaser, enforceable against Purchaser in accordance with the consummation by it of the transactions contemplated hereby have been duly authorized by all necessary corporate action.terms hereof;

Appears in 2 contracts

Samples: Securities Purchase Agreement (GreenBox POS), Securities Purchase Agreement (Conversion Labs, Inc.)

Authorization and Power. The Purchaser has the requisite power and authority to enter into and perform this Agreement and to purchase the Shares being sold to it hereunder. The execution, delivery and performance of this Agreement by the Purchaser and the consummation by it of the transactions contemplated hereby have been duly authorized by all necessary corporate action.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Magnum Technology Fund LTD), Stock Purchase Agreement (DSP Group Inc /De/)

Authorization and Power. The Purchaser has the requisite power and authority to enter into and perform this Agreement its obligations under the Transaction Documents and to purchase the Shares being sold to it the Purchaser hereunder. The execution, delivery and performance of this Agreement the Transaction Documents by the Purchaser and the consummation by it the Purchaser of the transactions contemplated hereby thereby have been been, or will be at the closing, duly authorized by all necessary corporate corporate, partnership or limited liability company action.

Appears in 1 contract

Samples: Securities Purchase Agreement (Capitol Bancorp LTD)

Authorization and Power. The Purchaser has the requisite power and authority to enter into and perform this Agreement and to purchase the Note and the Shares being sold to it hereunder. The execution, delivery and performance of this Agreement by Purchaser shall constitute valid and the consummation by it binding obligations of the transactions contemplated hereby have been duly authorized by all necessary corporate actionPurchaser enforceable against Purchaser in accordance with their terms.

Appears in 1 contract

Samples: Security Agreement (Integrated Healthcare Holdings)

Authorization and Power. The Such Purchaser has the requisite power and authority to enter into and perform this Agreement the Transaction Documents and to purchase the Shares Notes, the Warrants and the AIRs being sold to it hereunder. The execution, delivery and performance of this Agreement the Transaction Documents by such Purchaser and the consummation by it of the transactions contemplated hereby have been duly authorized by all necessary corporate or partnership action., and no further consent or authorization of such Purchaser or its Board of

Appears in 1 contract

Samples: Securities Purchase Agreement (Consolidated Energy Inc)

Authorization and Power. The Purchaser has the requisite power and authority to enter into and perform this Purchase Agreement and to purchase the Shares being sold to it hereunderShares. The execution, delivery and performance of this Purchase Agreement by the Purchaser and the consummation by it of the transactions contemplated hereby have been duly authorized by all necessary corporate or partnership action. This Purchase Agreement constitutes, a valid and binding obligation of the Purchaser enforceable against the Purchaser in accordance with its terms.

Appears in 1 contract

Samples: Purchase Agreement (Yahoo Inc)

Authorization and Power. The Purchaser has the requisite power and authority to enter into and perform this Agreement the Transaction Documents and to purchase the Shares being sold to it hereunder. The execution, delivery and performance of this Agreement the Transaction Documents by Purchaser and the consummation by it of the transactions contemplated hereby have been duly authorized by all necessary corporate action.action and at the Initial Closing shall constitute valid and binding obligations of the Purchaser enforceable against the Purchaser in accordance with their terms, except as such enforceability may be

Appears in 1 contract

Samples: Common Stock Purchase Agreement (E-Medsoft Com)

Authorization and Power. The Purchaser has the requisite corporate power and corporate authority to enter into and perform this Agreement the Transaction Documents and to purchase the Shares being being, and to be sold to it hereunder. The execution, delivery and performance of this Agreement the Transaction Documents by Purchaser and the consummation by it of the transactions contemplated hereby have been duly authorized by all necessary corporate action.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Illinois Superconductor Corporation)

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Authorization and Power. The Purchaser has the requisite ----------------------- power and authority to enter into and perform this Agreement and to purchase the Shares being sold to it hereunder. The execution, delivery and performance of this Agreement by Purchaser and the consummation by it of the transactions contemplated hereby have been duly authorized by all necessary corporate action.

Appears in 1 contract

Samples: Escrow Agreement (Hollis Eden Pharmaceuticals Inc /De/)

Authorization and Power. The Purchaser has the requisite power and authority to enter into and perform this Agreement and to purchase the Shares being sold to it hereunder. The execution, delivery and performance of this Agreement by Purchaser shall constitute the valid and the consummation by it binding obligations of the transactions contemplated hereby have been duly authorized by all necessary corporate actionPurchaser enforceable against the Purchaser in accordance with their terms.

Appears in 1 contract

Samples: Stock Purchase Agreement (Integrated Healthcare Holdings)

Authorization and Power. The Purchaser has the requisite power and authority to enter into and perform this Agreement the Transaction Documents and to purchase the Shares being sold to it hereunder. The execution, delivery and performance of this Agreement the Transaction Documents by Purchaser and the consummation by it of the transactions contemplated hereby have been duly authorized by all necessary corporate action.action and at the Initial Closing shall constitute valid and binding obligations of the Purchaser enforceable against the Purchaser in accordance with their terms, except as such

Appears in 1 contract

Samples: Common Stock Purchase Agreement (National Scientific Corp/Az)

Authorization and Power. The Purchaser has the requisite power and authority to enter into and perform this Agreement and to purchase the Shares being sold to it hereunder. The execution, delivery and performance of this Agreement by Purchaser and the consummation by it of the transactions contemplated hereby have been duly authorized by all necessary corporate action.. (c)

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Cambex Corp)

Authorization and Power. The Purchaser has the requisite corporate power and authority to enter into and perform this Agreement and to purchase the Shares being sold to it hereunderin accordance with the terms hereof. The execution, delivery and performance of this Agreement by Purchaser and the consummation by it of the transactions contemplated hereby have been duly authorized by all necessary corporate action., and no further consent or authorization of the Purchaser, its Board of Directors or stockholders is required. This Agreement has been duly executed and

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Geron Corporation)

Authorization and Power. The Purchaser has the requisite power and authority to enter into and perform this Agreement, the Registration Rights Agreement and the Escrow Agreement and to purchase the Shares being sold to it hereunder. The execution, delivery and performance of this Agreement by Purchaser and the consummation by it of the transactions contemplated hereby have been duly authorized by all necessary corporate action.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Ameriquest Technologies Inc)

Authorization and Power. The Such Purchaser has the requisite power and authority to enter into and perform this Agreement and to purchase the Shares securities being sold to it hereunder. The execution, delivery and performance of this Agreement by the Purchaser and the consummation by it the Purchaser of the transactions contemplated hereby have been duly authorized by all necessary corporate actionpartnership action where appropriate. This Agreement and the Registration Rights Agreement have been duly executed and delivered by the Purchaser and at the Closing shall constitute valid and binding obligations of the Purchaser enforceable against the Purchaser in accordance with their terms.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Adsouth Partners, Inc.)

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