Common use of Authority; Binding Nature of Agreements Clause in Contracts

Authority; Binding Nature of Agreements. (a) The execution, delivery and performance of this Agreement, the Transactional Agreements, and all other agreements and instruments contemplated to be executed and delivered by the Purchaser in connection herewith have been duly authorized by all necessary corporate action on the part of the Purchaser and its board of directors.

Appears in 3 contracts

Samples: Share Exchange Agreement, Share Exchange Agreement (Bonanza Goldfields Corp.), Share Exchange Agreement (Cosmos Group Holdings Inc.)

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Authority; Binding Nature of Agreements. (a) The execution, delivery and performance of this Agreement, the Transactional Agreements, Agreement and all other agreements and instruments contemplated to be executed and delivered by the Purchaser in connection herewith have been duly authorized by all necessary corporate action on the part of the Purchaser and its board of directors. Purchaser has all requisite legal and corporate power and authority to purchase the Shares hereunder.

Appears in 3 contracts

Samples: Preferred Stock Purchase Agreement (Cais Internet Inc), Preferred Stock Purchase Agreement (Cais Internet Inc), Stock Purchase Agreement (Cais Internet Inc)

Authority; Binding Nature of Agreements. (a) The execution, delivery and performance of this Agreement, the Transactional Agreements, and all other agreements and instruments contemplated to be executed and delivered by the Purchaser Sharing Economy in connection herewith have been duly authorized by all necessary corporate action on the part of the Purchaser Sharing Economy and its board of directors.

Appears in 3 contracts

Samples: Share Exchange Agreement (Sharing Economy International Inc.), Share Exchange Agreement (Sharing Economy International Inc.), Share Exchange Agreement (Sharing Economy International Inc.)

Authority; Binding Nature of Agreements. (a) The execution, delivery and performance of this Agreement, the Transactional Agreements, and all other agreements and instruments contemplated to be executed and delivered by Purchaser or Merger Sub, as the Purchaser case may be, in connection herewith have been duly authorized by all necessary corporate action on the part of the Purchaser and its Merger Sub and their respective board of directors.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Xoom Inc)

Authority; Binding Nature of Agreements. (a) The execution, delivery and performance of this Agreement, the Transactional Agreements, and all other agreements and instruments contemplated to be executed and delivered by the Purchaser IDUL in connection herewith have been duly authorized by all necessary corporate action on the part of the Purchaser IDUL and its board of directors.

Appears in 1 contract

Samples: Share Exchange Agreement (Industries International Inc)

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Authority; Binding Nature of Agreements. (a) The execution, delivery and performance of this Agreement, Agreement and the Transactional Agreements, and all other agreements and instruments contemplated to be executed and delivered by the Purchaser or Merger Sub, as the case may be, in connection herewith herewith, have been duly authorized by all necessary corporate action on the part of the Purchaser and its board Merger Sub and their respective boards of directors.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Xoom Inc)

Authority; Binding Nature of Agreements. (a) The execution, delivery and performance of this Agreement, the Transactional Agreements, and all other agreements and instruments contemplated to be executed and delivered by the Purchaser or Merger Sub, as the case may be, in connection herewith have been duly authorized by all necessary corporate action on the part of the Purchaser and its Merger Sub and their respective board of directors.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Xoom Inc)

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