Common use of Authority; Authorization Clause in Contracts

Authority; Authorization. Seller has full corporate authority and power to transact the business in which it is engaged, to execute and deliver the Seller's Documents, to perform its obligations thereunder, and to consummate the Acquisition. Seller has taken all corporate action necessary to authorize the execution and delivery of the Seller's Documents, the performance of its obligations thereunder, and the consummation of the Acquisition.

Appears in 2 contracts

Samples: Asset Purchase Agreement (SCB Computer Technology Inc), Asset Purchase Agreement (SCB Computer Technology Inc)

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Authority; Authorization. Seller has full corporate authority and power to transact the business in which it is engaged, to execute and deliver the Seller's Documents, to perform its obligations thereunder, and to consummate the AcquisitionTransactions. Seller has taken all corporate action necessary to authorize the execution and delivery of the Seller's Documents, the performance of its obligations thereunder, and the consummation of the AcquisitionTransactions.

Appears in 1 contract

Samples: Purchase and Sale Agreement (SCB Computer Technology Inc)

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Authority; Authorization. Seller Buyer has full corporate authority and power to transact the business in which it is engaged, to execute and deliver the SellerBuyer's Documents, to perform its obligations thereunder, and to consummate the Acquisition. Seller Buyer has taken all corporate action necessary to authorize the execution and delivery of the SellerBuyer's Documents, the performance of its obligations thereunder, and the consummation of the Acquisition.

Appears in 1 contract

Samples: Asset Purchase Agreement (SCB Computer Technology Inc)

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