Common use of Authorisation; Enforcement Clause in Contracts

Authorisation; Enforcement. (i) The Company has and shall have the requisite corporate power and authority to enter into this Agreement and on each Closing Date, to consummate the transactions contemplated by this Agreement that are to be consummated on that Closing Date and otherwise to carry out its obligations under this Agreement. (ii) The execution and delivery of this Agreement and the completion by it of the transactions required hereby and thereby have been and will be duly authorised by all necessary action on the part of the Company, its directors and its shareholders. (iii) This Agreement has been duly executed and delivered by the Company or on its behalf and the obligations assumed by the Company under this Agreement constitute and will constitute valid and binding obligations of the Company, enforceable against each of them in accordance with their terms.

Appears in 2 contracts

Samples: Direct Placement Agreement (Chemesis International Inc.), Direct Placement Agreement

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Authorisation; Enforcement. (i) The Company has and shall have the requisite corporate power and authority to enter into this Agreement and on each Closing Date, to consummate the transactions contemplated by this Agreement that are to be consummated on that Closing Date and otherwise to carry out its obligations under this Agreement. (ii) The execution and delivery of this Agreement and the completion by it of the transactions required hereby and thereby have been and will be duly authorised by all necessary action on the part of the Company, Company and its directors and its shareholders. (iii) This Agreement has been duly executed and delivered by the Company or on its behalf and the obligations assumed by the Company under this Agreement constitute and will constitute valid and binding obligations of the Company, enforceable against each of them in accordance with their terms.

Appears in 1 contract

Samples: Share Subscription Agreement (Western Magnesium Corp.)

Authorisation; Enforcement. (i) The Company has has, and the Resulting Company shall have have, the requisite corporate power and authority to enter into this Agreement and on each Closing Date, to consummate the transactions contemplated by this Agreement that are to be consummated on that Closing Date and otherwise to carry out its obligations under this Agreement. (ii) The execution and delivery of this Agreement and the completion by it of the transactions required hereby and thereby have been and will be duly authorised by all necessary action on the part of the Company, its the Resulting Company and their directors and its shareholders. (iii) This Agreement has been duly executed and delivered by the Company or on its behalf and the obligations assumed by the Company and the Resulting Company under this Agreement constitute and will constitute valid and binding obligations of the Company and the Resulting Company, enforceable against each of them in accordance with their terms.

Appears in 1 contract

Samples: Share Subscription Agreement (Global Crossing Airlines Group Inc.)

Authorisation; Enforcement. (i) The Company has and shall have the requisite corporate power and authority to enter into this Agreement and on each Closing Date, to consummate the transactions contemplated by this Agreement that are to be consummated on that Closing Date and otherwise to carry out its obligations under this Agreement. (ii) The execution and delivery of this Agreement and the completion by it of the transactions required hereby and thereby have been and will be duly authorised by all necessary action on the part of the Company, its directors and its Its shareholders. (iii) This Agreement has been duly executed and delivered by the Company or on its behalf and the obligations assumed by the Company under this Agreement constitute and will constitute valid and binding obligations of the Company, enforceable against each of them the Company in accordance with their terms.

Appears in 1 contract

Samples: Share Subscription Facility Agreement (Wisekey International Holding S.A.)

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Authorisation; Enforcement. (i) The Company has has, and the Resulting Company shall have have, the requisite corporate power and authority to enter into this Agreement and on each Closing Date, to consummate the transactions contemplated by this Agreement that are to be consummated on that Closing Date and otherwise to carry out its obligations under this Agreement. (ii) The execution and delivery of this Agreement and the completion by it of the transactions required hereby and thereby have been and will be duly authorised by all necessary action on the part of the Company, its the Resulting Company and their directors and its shareholders.shareholders.β€Œ (iii) This Agreement has been duly executed and delivered by the Company or on its behalf and the obligations assumed by the Company and the Resulting Company under this Agreement constitute and will constitute valid and binding obligations of the Company and the Resulting Company, enforceable against each of them in accordance with their terms.

Appears in 1 contract

Samples: Share Subscription Agreement

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