Common use of Authority of Purchaser Clause in Contracts

Authority of Purchaser. The execution, delivery and consummation of this Agreement by Purchaser has been duly authorized by the board of directors of Purchaser in accordance with all applicable laws, the Certificate of Incorporation and By-Laws of Purchaser, and at the Closing Date no further corporate action will be necessary on the part of Purchaser to make this Agreement valid and binding on Purchaser and enforceable against Purchaser in accordance with its terms.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Waterlink Inc), Stock Purchase Agreement (Waterlink Inc)

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Authority of Purchaser. The execution, delivery and consummation of this Agreement by Purchaser has been duly authorized by the board of directors of Purchaser in accordance with all applicable laws, laws and the Certificate Articles of Incorporation and By-Laws Bylaws of Purchaser, Purchaser and at the Closing Date no further corporate action will be is necessary on the part of Purchaser to make this Agreement valid and binding on Purchaser and enforceable against Purchaser in accordance with its terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Childrens Wonderland Inc)

Authority of Purchaser. The execution, delivery and consummation of this Agreement by Purchaser has been duly authorized by the board of directors of Purchaser in accordance with all applicable laws, laws and the Certificate of Incorporation and By-Laws of Purchaser, and at the Closing Date no further corporate action will be necessary on the part of Purchaser to make this Agreement valid and binding on Purchaser and enforceable against Purchaser in accordance with its terms.

Appears in 1 contract

Samples: Stock Purchase Agreement (Waterlink Inc)

Authority of Purchaser. The execution, delivery and consummation of this Agreement by Purchaser has been duly authorized by the board of directors of Purchaser in accordance with all applicable laws, laws and the Certificate Articles of Incorporation and By-Laws Code of Regulations of Purchaser, and at the Closing Date no further corporate action will be is necessary on the part of Purchaser to make this Agreement valid and binding on Purchaser and enforceable against Purchaser in accordance with its terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Royal Precision Inc)

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Authority of Purchaser. The execution, delivery delivery, and consummation performance by Purchaser of this Agreement by Purchaser has been duly authorized by the board Board of directors of Purchaser in accordance with all applicable laws, the Certificate of Incorporation and By-Laws Directors of Purchaser, and at the Closing Date no further corporate action will be is necessary on the part of Purchaser to make this Agreement valid and binding on Purchaser and enforceable against upon Purchaser in accordance with its terms, and Seller has received certified copies of all resolutions pertaining to such authorization.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Apollo Group Inc)

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