Common use of Authority of Purchaser Clause in Contracts

Authority of Purchaser. Purchaser has the power and authority (corporate or similar) to execute and deliver this Agreement, to consummate the transactions contemplated hereby and to comply with the terms, conditions and provisions hereof. The execution, delivery and performance of this Agreement by Purchaser has been duly authorized and approved by Purchaser and does not require any further authorization or consent of Purchaser or its beneficial owners. This Agreement is the legal, valid and binding agreement of Purchaser, enforceable against Purchaser in accordance with its terms.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Learning Co Inc), Securities Purchase Agreement (Lee Thomas H Equity Fund Iii L P), Securities Purchase Agreement (Lee Thomas H Equity Fund Iii L P)

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Authority of Purchaser. Purchaser has the full power and authority (corporate or similar) to execute execute, deliver and deliver perform this Agreement, to consummate the transactions contemplated hereby and to comply with the terms, conditions and provisions hereof. The execution, delivery and performance of this This Agreement by Purchaser has been duly authorized authorized, executed and approved delivered by Purchaser and does not require any further authorization or consent of Purchaser or its beneficial owners. This Agreement is the legal, valid and binding agreement of Purchaser, Purchaser enforceable against Purchaser in accordance with its terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sea Pines Associates Inc)

Authority of Purchaser. Purchaser has the power and authority (corporate or similar) to execute and deliver this Agreement, to consummate the transactions contemplated hereby and to comply with the terms, conditions and provisions hereof. The execution, delivery and performance of this Agreement by Purchaser has been duly authorized and approved by Purchaser and does not require any further authorization or consent of Purchaser or its beneficial owners. This Agreement is the legal, valid and binding agreement of Purchaser, enforceable against Purchaser in accordance with its terms.or

Appears in 1 contract

Samples: Securities Purchase Agreement (Firearms Training Systems Inc)

Authority of Purchaser. Purchaser has the corporate power and authority (corporate or similar) to execute and deliver this Agreement, to consummate the transactions contemplated hereby and to comply with the terms, conditions and provisions hereof. The execution, delivery and performance of this Agreement by Purchaser has been duly authorized and approved by Purchaser and does not require any further authorization or consent of Purchaser or its beneficial ownersPurchaser. This Agreement is the legal, valid and binding agreement of Purchaser, enforceable against Purchaser in accordance with its terms.

Appears in 1 contract

Samples: Stock Purchase Agreement (Oro Spanish Broadcasting Inc)

Authority of Purchaser. Purchaser has the full power and authority (corporate or similar) to execute enter into this Agreement and deliver this the License Agreement, to carry out his obligations hereunder and thereunder and to consummate the transactions transaction contemplated hereby and to comply with the terms, conditions and provisions hereofthereby. The execution, delivery and performance of this This Agreement by Purchaser has been duly authorized executed and approved delivered by Purchaser Purchaser, and does not require any further authorization or consent of Purchaser or its beneficial owners. This Agreement is the constitutes a legal, valid and binding agreement obligation of Purchaser, Purchaser enforceable against Purchaser in accordance with its terms.

Appears in 1 contract

Samples: Conditional Stock Purchase Agreement (Scopus BioPharma Inc.)

Authority of Purchaser. Purchaser has the all necessary power and authority (corporate or similar) to make, execute, deliver and consummate this Agreement and has taken all necessary actions required to be taken to execute and deliver this Agreement, to consummate the transactions contemplated hereby Agreement and to comply with the termsperform all of its obligations, conditions undertakings and provisions hereofagreements to be observed and performed by it hereunder. The execution, delivery and performance of this This Agreement by Purchaser has been duly authorized executed and approved delivered by Purchaser and does not require any further authorization or consent of Purchaser or its beneficial owners. This Agreement is the legal, a valid and binding agreement of Purchaser, enforceable against Purchaser in accordance with its terms.

Appears in 1 contract

Samples: Membership Interest Sale Agreement (Worldwide Web Networx Corp)

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Authority of Purchaser. The Purchaser has the full right, power and authority (corporate or similar) to execute and deliver this AgreementAgreement and the documents contemplated hereby, to consummate the transactions contemplated hereby Contemplated Transactions and to perform and comply with all of the terms, covenants and conditions to be performed and provisions hereofcomplied with by the Purchaser hereunder and thereunder. The execution, delivery and performance of this This Agreement by Purchaser has been duly authorized and approved validly executed and delivered by the Purchaser and does not require any further authorization or consent of Purchaser or its beneficial owners. This Agreement is the constitutes a legal, valid and binding agreement obligation of Purchaser, the Purchaser and is enforceable against Purchaser it in accordance with its terms.

Appears in 1 contract

Samples: Stock Purchase Agreement (EVCI Career Colleges Holding Corp)

Authority of Purchaser. Purchaser has the power and authority (corporate or similar) is duly authorized to execute and deliver this Agreement, to consummate the transactions contemplated hereby Agreement and to comply perform its obligations hereunder, and all required corporate action with the terms, conditions and provisions hereof. The execution, delivery and performance of this Agreement by Purchaser respect thereto has been duly authorized and approved by validly taken and this Agreement is binding upon the Purchaser and does not require any further authorization or consent of Purchaser or its beneficial owners. This Agreement is the legal, valid and binding agreement of Purchaser, enforceable against Purchaser in accordance with its terms.

Appears in 1 contract

Samples: Acquisition Agreement (Go Video Inc)

Authority of Purchaser. Purchaser has the full power and authority (corporate or similar) to execute enter into Agreement and deliver this Agreement, to consummate the transactions transaction contemplated hereby hereunder and to comply with the terms, conditions and provisions hereof. The execution, delivery and performance of this Agreement by Purchaser such transaction has been duly authorized by all necessary action by Purchaser, and approved by Purchaser all required consents and does not require any further authorization or consent of Purchaser or its beneficial ownersapprovals have been duly obtained. This Agreement is the a legal, valid and binding agreement obligation of Purchaser, enforceable against Purchaser in accordance with its terms.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Steadfast Apartment REIT III, Inc.)

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