Common use of Authority of Purchaser Clause in Contracts

Authority of Purchaser. Each Purchaser has full power and authority to enter into this Agreement and each other Transaction Document to which Purchaser is a party, to carry out its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery by Purchaser of this Agreement and any other Transaction Document to which Purchaser is a party, the performance by Purchaser of its obligations hereunder and thereunder and the consummation by Purchaser of the transactions contemplated hereby and thereby have been duly authorized by all requisite partnership action on the part of Purchaser. This Agreement has been duly executed and delivered by Pxxxxxxxx, and (assuming due authorization, execution and delivery by Seller) this Agreement constitutes a legal, valid and binding obligation of Purchaser enforceable against Purchaser in accordance with its terms. When each other Transaction Document to which Purchaser is or will be a party has been duly executed and delivered by Purchaser (assuming due authorization, execution and delivery by each other party thereto), such Transaction Document will constitute a legal and binding obligation of Purchaser enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Range Impact, Inc.)

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Authority of Purchaser. Each Purchaser has full corporate power and authority to enter into this Agreement and each the other Transaction Document Documents to which Purchaser it is a party, to carry out its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery by Purchaser of this Agreement and any other Transaction Document to which Purchaser it is a party, the performance by Purchaser it of its obligations hereunder and thereunder and the consummation by Purchaser it of the transactions contemplated hereby and thereby have been duly authorized by all requisite partnership corporate action on the part of Purchaser. This Agreement has been duly executed and delivered by PxxxxxxxxPurchaser, and (assuming due authorization, execution and delivery by Sellerthe Target Parties) this Agreement constitutes a legal, valid and binding obligation of Purchaser enforceable against Purchaser in accordance with its terms. When each other Transaction Document to which Purchaser is or will be a party has been duly executed and delivered by Purchaser thereby (assuming due authorization, execution and delivery by each other party thereto), such Transaction Document will constitute a legal and binding obligation of Purchaser Purchaser, as applicable, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Merger Agreement (Teladoc, Inc.)

Authority of Purchaser. Each The Purchaser has full the corporate power and authority capacity to enter into this Agreement and each the other Transaction Document Documents to which the Purchaser is a party, to carry out its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery by the Purchaser of this Agreement and any other Transaction Document to which the Purchaser is a party, the performance by the Purchaser of its obligations hereunder and thereunder and the consummation by the Purchaser of the transactions contemplated hereby and thereby have been duly authorized by all requisite partnership corporate action on the part of Purchaser. This Agreement has been duly executed and delivered by Pxxxxxxxxthe Purchaser, and (assuming due authorization, execution and delivery by Sellerthe Vendor Parties) this Agreement constitutes a legal, valid and binding obligation of the Purchaser enforceable against the Purchaser in accordance with its terms. When each other Transaction Document to which the Purchaser is or will be a party has been duly executed and delivered by Purchaser the Vendor Parties (assuming due authorization, execution and delivery by each other party thereto), such Transaction Document will constitute a legal legal, valid and binding obligation of the Purchaser enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Apogee Enterprises, Inc.)

Authority of Purchaser. Each Purchaser has full corporate power and authority to enter into this Agreement and each the other Transaction Document Documents to which Purchaser is a party, to carry out its obligations hereunder and thereunder and to consummate the transactions Transactions contemplated hereby and thereby. The execution and delivery by Purchaser of this Agreement and any other Transaction Document to which Purchaser is a party, the performance by Purchaser of its obligations hereunder and thereunder and the consummation by Purchaser of the transactions Transactions contemplated hereby and thereby have been duly authorized by all requisite partnership corporate action on the part of Purchaser. This Agreement has been duly executed and delivered by PxxxxxxxxPurchaser, and (assuming due authorization, execution and delivery by Seller) this Agreement constitutes a legal, valid and binding obligation of Purchaser enforceable against Purchaser in accordance with its terms. When each other Transaction Document to which Purchaser is or will be a party has been duly executed and delivered by Purchaser (assuming due authorization, execution and delivery by each other party thereto), such Transaction Document will constitute a legal and binding obligation of Purchaser enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Stock Purchase Agreement (Clearone Inc)

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Authority of Purchaser. Each Purchaser has full corporate power and authority to enter into this Agreement and each the other Transaction Document Documents to which Purchaser is a party, to carry out its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery by Purchaser of this Agreement and any other Transaction Document to which Purchaser is a party, the performance by Purchaser of its obligations hereunder and thereunder and the consummation by Purchaser of the transactions contemplated hereby and thereby have been duly authorized by all requisite partnership corporate action on the part of Purchaser. This Agreement and the Transaction Documents has been duly executed and delivered by PxxxxxxxxPurchaser, and (assuming due authorization, execution and delivery by SellerCompany) this Agreement constitutes a legal, valid and binding obligation of Purchaser enforceable against Purchaser in accordance with its terms. When each other Transaction Document to which Purchaser is or will be a party has been duly executed and delivered by Purchaser (assuming due authorization, execution and delivery by each other party thereto), such Transaction Document will constitute a legal and binding obligation of Purchaser enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Clearone Communications Inc)

Authority of Purchaser. Each Purchaser has full corporate power and authority to enter into this Agreement and each the other Transaction Document Documents to which Purchaser is a party, to carry out its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery by Purchaser of this Agreement and any other Transaction Document to which Purchaser is a party, the performance by Purchaser of its obligations hereunder and thereunder and the consummation by Purchaser of the transactions contemplated hereby and thereby have been duly authorized by all requisite partnership corporate action on the part of Purchaser. This Agreement has been duly executed and delivered by PxxxxxxxxPurchaser, and (assuming due authorization, execution and delivery by Seller) this Agreement constitutes a legal, valid and binding obligation of Purchaser enforceable against Purchaser in accordance with its terms. When each other Transaction Document to which Purchaser is or will be a party has been duly executed and delivered by Purchaser (assuming due authorization, execution and delivery by each other party thereto), such Transaction Document will constitute a legal and binding obligation of Purchaser enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Framework Agreement (Clearone Inc)

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