Common use of Power and Authority; Enforceability Clause in Contracts

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

Appears in 2 contracts

Samples: Merger Agreement (Iris International Inc), Stock Purchase Agreement (Northgate Innovations Inc)

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

Appears in 2 contracts

Samples: Stock Purchase Agreement (Infogrames Inc), Stock Purchase Agreement (Interplay Entertainment Corp)

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

Appears in 1 contract

Samples: Merger Agreement (Digital Lifestyles Group Inc)

Power and Authority; Enforceability. The Company has the relevant entity limited liability company power and authority necessary to execute and deliver each Transaction Document to which it is a party and to perform and consummate the Transactions. The Company has taken all action necessary to authorize the execution and delivery of each Transaction Document to which it is a party, the performance of the Company's ’s obligations thereunder, and the consummation of the - 11 - Transactions. Each Transaction Document to which the Company is party Party has been duly authorized, executed, and delivered by, and is Enforceable against, the Company.

Appears in 1 contract

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

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

Appears in 1 contract

Samples: Stock Purchase Agreement (Emerging Alpha Corp)

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

Appears in 1 contract

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

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

Appears in 1 contract

Samples: Stock Purchase Agreement (Eex Corp)

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