Common use of Authority, Conflicts, Consents Clause in Contracts

Authority, Conflicts, Consents. (a) The Company has all requisite power and authority to enter into this Agreement and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of the Company. This Agreement has been duly executed and delivered by the Company and constitutes the valid and binding obligation of the Company, enforceable in accordance with its terms.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Sonic Innovations Inc), Agreement and Plan of Reorganization (SCM Microsystems Inc)

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Authority, Conflicts, Consents. (a) The Company has all requisite corporate power and authority to enter into this Agreement and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of the Company including, without limitation, the approval of this Agreement and the Merger by the Company's shareholders. This Agreement has been duly executed and delivered by the Company and constitutes the valid and binding obligation of the Company, enforceable in accordance with its terms.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Splash Technology Holdings Inc)

Authority, Conflicts, Consents. (a) The Company has and the Shareholders have all requisite power and authority to enter into this Agreement and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of the CompanyCompany and, to the extent applicable, the Shareholders. This Agreement has been duly executed and delivered by the Company and the Shareholders and constitutes the valid and binding obligation of the CompanyCompany and the Shareholders, enforceable in accordance with its terms.

Appears in 1 contract

Samples: Stock Purchase Agreement (Somera Communications Inc)

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Authority, Conflicts, Consents. (a) The Subject only to the requisite approval of the Merger and this Agreement by the board of directors of the Company and the Stockholder, the Company has all requisite power and authority to enter into this Agreement and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of the Company. This Agreement has been duly executed and delivered by the Company and constitutes the valid and binding obligation of the Company, enforceable in accordance with its terms.

Appears in 1 contract

Samples: Merger Agreement (Earth Biofuels Inc)

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