Common use of Actions Authorized Clause in Contracts

Actions Authorized. The Company has taken all corporate actions necessary to authorize it to enter into and perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 3 contracts

Samples: Preferred Stock Redemption Agreement (Jakks Pacific Inc), Equity Purchase Agreement (Hongkong Meisheng Culture Co LTD), Equity Purchase Agreement (Jakks Pacific Inc)

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Actions Authorized. The Company has taken all corporate actions necessary to authorize it to enter into and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Company and constitutes a legal, valid and binding obligation of the Company enforceable in accordance with its terms.

Appears in 2 contracts

Samples: Equity Subscription Agreement (Nortek Holdings Inc), Equity Subscription Agreement (Nortek Holdings Inc)

Actions Authorized. The Company has taken all corporate actions necessary to authorize it to enter into and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Company and constitutes legal, valid and binding obligations of the Company enforceable in accordance with its terms.

Appears in 1 contract

Samples: Stock Subscription Agreement (Hci Direct Inc)

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Actions Authorized. The Company has taken all corporate actions ------------------ necessary to authorize it to enter into and perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Exchange Agreement (Endo Pharma LLC)

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