Common use of Authority; Consents and Approvals Clause in Contracts

Authority; Consents and Approvals. (a) Seller has all requisite corporate right, power and authority to execute, deliver and perform this Agreement and each other document and agreement referenced herein to be executed and delivered by Seller pursuant hereto (together, the “Seller’s Documents”). The execution, delivery, and performance of the Seller’s Documents by Seller has been duly and validly authorized and approved by all necessary corporate action. The Seller’s Documents constitute the legal, valid and binding obligations of Seller, enforceable against it in accordance with their respective terms.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Roller Bearing Co of America Inc), Asset Purchase Agreement (Roller Bearing Co of America Inc)

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Authority; Consents and Approvals. (a) Seller has all requisite corporate right, power and authority to execute, deliver and perform this Agreement and each other document and agreement referenced herein to be executed and delivered by Seller pursuant hereto (together, the “Seller’s Documents”"SELLER'S DOCUMENTS"). The execution, delivery, and performance of the Seller’s 's Documents by Seller has been duly and validly authorized and approved by all necessary corporate action. The Seller’s 's Documents constitute the legal, valid and binding obligations of Seller, enforceable against it in accordance with their respective terms.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Roller Bearing Co of America Inc), Asset Purchase Agreement (Roller Bearing Co of America Inc)

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Authority; Consents and Approvals. (a) The Seller has all requisite the corporate right, power and authority to execute, deliver and perform enter into this Agreement and each other document and agreement referenced herein to be executed and delivered by Seller pursuant hereto (together, the “Seller’s Documents”)carry out its obligations hereunder. The execution, delivery, delivery and performance of this Agreement by the Seller’s Documents Seller and the consummation by the Seller of the transactions contemplated hereby have been duly authorized by all requisite corporate action. This Agreement has been duly and validly authorized executed and approved delivered by all necessary corporate action. The Seller’s Documents constitute the legal, Seller and (assuming this Agreement constitutes a valid and binding obligations obligation of the Purchaser) constitutes a valid and binding agreement of the Seller, enforceable against it the Seller in accordance with their respective its terms.

Appears in 1 contract

Samples: Share Purchase Agreement (Comdisco Holding Co Inc)

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