Common use of Authority; No Violation; Consents Clause in Contracts

Authority; No Violation; Consents. (a) Buyer has all requisite corporate power and authority to execute and deliver this Agreement and to perform its obligations hereunder and to consummate the transactions contemplated hereby. The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby have been duly and validly approved by all requisite action on the part of Buyer and no other proceedings on the part of Buyer are necessary to approve this Agreement or to consummate the transactions contemplated hereby. This Agreement has been duly and validly executed and delivered by Buyer. Assuming the due authorization, execution and delivery of this Agreement by Seller, this Agreement constitutes the legal, valid and binding obligation of Buyer, enforceable against Buyer in accordance with its terms.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Royster-Clark Inc), Stock Purchase Agreement (Rentech Inc /Co/), Stock Purchase Agreement (Rentech Inc /Co/)

AutoNDA by SimpleDocs

Authority; No Violation; Consents. (a) Buyer has all requisite full corporate power power, right and authority to execute and deliver this Agreement and to perform its obligations hereunder and to consummate the transactions contemplated hereby. The execution, execution and delivery and performance of this Agreement and the consummation of the transactions contemplated hereby have been duly and validly approved by all requisite corporate action on the part of Buyer and no other proceedings on the part of Buyer are necessary to approve this Agreement or to consummate the transactions contemplated hereby. This Agreement has been duly and validly executed and delivered by BuyerBuyer and the Person who executed this Agreement on behalf of Buyer has been duly authorized to do so. Assuming the due authorization, execution and delivery of this Agreement by Sellerthe other parties hereto, this Agreement constitutes the a legal, valid and binding obligation of Buyer, enforceable against Buyer it in accordance with its terms.

Appears in 1 contract

Samples: Purchase Agreement (Legg Mason Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.