Common use of Authority and No Violation Clause in Contracts

Authority and No Violation. (i) The Corporation has the requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunder. The execution and delivery of this Agreement by the Corporation and the consummation by each of the transactions contemplated by this Agreement, have been duly authorized by its Board of Directors and no other corporate proceedings on its part are necessary to authorize this Agreement or the transactions contemplated hereby other than:

Appears in 2 contracts

Samples: Acquisition Agreement (Applied Digital Solutions Inc), Acquisition Agreement (VeriChip CORP)

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Authority and No Violation. (ia) The Corporation Company has the requisite necessary corporate power power, authority and authority capacity to enter into this Agreement and to perform its obligations hereunderhereunder and under the Plan of Arrangement. The execution and delivery of this Agreement by the Corporation Company and the consummation by each the Company of the transactions contemplated by this Agreement, Agreement and the Plan of Arrangement have been duly authorized by its Board the board of Directors directors of the Company and no other corporate proceedings on its part are necessary to authorize this Agreement and the Plan of Arrangement, or the transactions contemplated hereby other than:hereby.

Appears in 2 contracts

Samples: Arrangement Agreement (Symmetry Holdings Inc), Arrangement Agreement (Symmetry Holdings Inc)

Authority and No Violation. (i) The Corporation Company has the requisite necessary corporate power and authority to enter into this Agreement and to perform its obligations hereunderunder this Agreement. The execution and delivery of this Agreement by the Corporation Company and the consummation by each the Company of the transactions contemplated by this Agreement, Transaction have been duly authorized by its Board board of Directors directors and no other corporate proceedings on its part are necessary to authorize this Agreement or the transactions contemplated hereby Transaction, other than:

Appears in 2 contracts

Samples: Combination Agreement (Masonite International Corp), Combination Agreement (Masonite International Corp)

Authority and No Violation. (i) The Corporation Concentric has the requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunder. The execution and delivery of this Agreement by the Corporation Concentric and the consummation by each Concentric of the transactions contemplated by this Agreement, Agreement have been duly authorized by its Board of Directors and no other corporate proceedings on its part are necessary to authorize this Agreement Agreement, or the transactions contemplated hereby other than:

Appears in 1 contract

Samples: Merger Agreement (Uranium Energy Corp)

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Authority and No Violation. (i) The Corporation Company has the requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunder. The execution and delivery of this Agreement by the Corporation Company and the consummation by each the Company of the transactions contemplated by this Agreement, Agreement have been duly authorized by its Board of Directors and no other corporate proceedings on its part are necessary to authorize this Agreement or the transactions contemplated hereby hereby, other than:

Appears in 1 contract

Samples: Agreement (Alcatel)

Authority and No Violation. (i) The Corporation has the requisite corporate power and authority capacity to enter into execute and deliver this Agreement Amendment and to perform its obligations hereunder. The execution execution, delivery and delivery performance of this Agreement Amendment by the Corporation and the consummation by each of the transactions contemplated by this Agreement, have has been duly authorized by its Board of Directors and no other corporate proceedings on its part are necessary to authorize the execution, delivery and performance of this Agreement or the transactions contemplated hereby other than:Amendment.

Appears in 1 contract

Samples: Arrangement Agreement (Canwest Mediaworks Inc)

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