Common use of Authority and Execution Clause in Contracts

Authority and Execution. (a) The Purchaser has the power and authority to execute and deliver this Agreement and to perform its obligations hereunder. The execution, delivery, and performance by the Purchaser of this Agreement have been duly authorized by all necessary action.

Appears in 10 contracts

Samples: Subscription Agreement (Empire Resorts Inc), Subscription Agreement (Empire Resorts Inc), Subscription Agreement (Empire Resorts Inc)

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Authority and Execution. (a) The Purchaser Buyer has the requisite power and authority to execute and deliver enter into this Agreement and to perform its obligations hereunderconsummate the Transactions. The execution, delivery, execution and performance by the Purchaser delivery of this Agreement and the consummation of the Transactions have been duly authorized by all necessary actionaction on the part of Buyer.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Polaris Venture Partners Iv Lp), Form of Stock Purchase Agreement (Celgene Corp /De/)

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