Common use of Authority to Buy Clause in Contracts

Authority to Buy. The Purchaser has all requisite power and authority to execute, deliver, and perform this Agreement. All necessary proceedings of the Purchaser have been duly taken to authorize the execution, delivery, and performance of this Agreement by the Purchaser. This Agreement has been duly authorized, executed, and delivered by the Purchaser, is the legal, valid, and binding obligation of the Purchaser, and is enforceable against the Purchaser in accordance with its terms.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Crown Northcorp Inc), Stock Purchase Agreement (Crown Northcorp Inc), Stock Purchase Agreement (Crown Northcorp Inc)

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Authority to Buy. The Purchaser has have all requisite power and authority to execute, deliver, and perform this Agreement. All necessary corporate proceedings of the Purchaser have been duly taken to authorize the execution, delivery, and performance of this Agreement by the Purchaser. This Agreement has been duly authorized, executed, and delivered by the Purchaser, is the legal, valid, and binding obligation of the Purchaser, and is enforceable against the Purchaser in accordance with its terms.

Appears in 2 contracts

Samples: Acquisition Agreement (PSPP Holdings Inc), Acquisition Agreement (UC Hub Group Inc)

Authority to Buy. The Purchaser PURCHASER has all requisite power and authority to execute, deliver, and perform this Agreement. All necessary corporate proceedings of the Purchaser PURCHASER have been duly taken to authorize the execution, delivery, and performance of this Agreement by the PurchaserPURCHASER. This Agreement has been duly authorized, executed, and delivered by the PurchaserPURCHASER, is the legal, valid, and binding obligation of the PurchaserPURCHASER, and is enforceable against the Purchaser as to it in accordance with its terms.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Star Services Group Inc), Asset Purchase Agreement (Star Services Group Inc)

Authority to Buy. The Purchaser has all requisite power and authority to execute, deliver, and perform this Agreement. All necessary corporate proceedings of the Purchaser have been duly taken to authorize the execution, delivery, and performance of this Agreement by the Purchaser. This Agreement has been duly authorized, executed, and delivered by the Purchaser, is . This Agreement further constitutes the legal, valid, and binding obligation of the Purchaser, Purchaser and is enforceable against the Purchaser in accordance with its terms.

Appears in 2 contracts

Samples: Acquisition Agreement (Fix Corp International Inc), Acquisition Agreement (Fix Corp International Inc)

Authority to Buy. The Purchaser has all requisite power and authority to execute, deliver, and perform this Agreement. All necessary corporate proceedings of the Purchaser have been duly taken to authorize the execution, delivery, and performance of this Agreement by the Purchaser. This Agreement has been duly authorized, executed, executed and delivered by the Purchaser, is the legal, valid, and binding obligation of the Purchaser, and is enforceable against the Purchaser in accordance with its terms.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Olympic Cascade Financial Corp), Stock Purchase Agreement (Olympic Cascade Financial Corp)

Authority to Buy. The Purchaser has all requisite power and authority to execute, deliver, and perform this Agreement. All necessary corporate proceedings of the Purchaser have been duly taken to authorize the execution, delivery, and performance of this Agreement by the Purchaser. This Agreement has been duly authorized, executed, and delivered by the Purchaser, is the legal, valid, and binding obligation of the Purchaser, and is enforceable against the as to Purchaser in accordance with its terms.

Appears in 1 contract

Samples: Royalty Interest Repurchase Agreement (Hemispherx Biopharma Inc)

Authority to Buy. The Purchaser has all requisite power and authority to execute, deliver, and perform this Agreement. All necessary corporate proceedings of the Purchaser have been duly taken to authorize the execution, delivery, and performance of this Agreement by the Purchaser. This Agreement has been duly authorized, executed, and delivered by the Purchaser, is the legal, valid, and binding obligation of the Purchaser, and is enforceable against as to the Purchaser in accordance with its terms.

Appears in 1 contract

Samples: Stock Purchase Agreement (Gse Systems Inc)

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Authority to Buy. The Purchaser has all requisite power and authority to execute, deliver, and perform this Agreement. All necessary corporate proceedings of the Purchaser have been duly taken to authorize the execution, delivery, and performance of this Agreement by the Purchaser. This Agreement has been duly authorized, executed, and delivered by the Purchaser, is the legal, valid, and binding obligation of the Purchaser, and is enforceable against the Purchaser as to it in accordance with its terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Maxplanet Corp)

Authority to Buy. The Such Purchaser has all requisite power and authority to execute, deliver, and perform this Agreement. All necessary proceedings of the such Purchaser have been duly taken to authorize the execution, delivery, and performance of this Agreement by the such Purchaser. This Agreement has been duly authorized, executed, executed and delivered by the such Purchaser, is the legal, valid, and binding obligation of the such Purchaser, and is enforceable against the as to such Purchaser in accordance with its terms.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Gp Strategies Corp)

Authority to Buy. The Purchaser has all requisite power and authority to execute, deliver, and perform this Agreement. All necessary corporate proceedings of the Purchaser have been duly taken to authorize the execution, delivery, and performance of this Agreement by the Purchaser. This Agreement has been duly authorized, executed, and delivered by the Purchaser, is the legal, valid, and binding obligation of the Purchaser, and is enforceable against the Purchaser as to them in accordance with its terms.

Appears in 1 contract

Samples: Share Exchange Agreement (L Air Holding Inc)

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