Common use of Authority to Perform Agreement Clause in Contracts

Authority to Perform Agreement. Purchaser has the corporate power to enter into this Agreement and to carry out its obligations hereunder. The execution and delivery of this Agreement, the payments provided for herein, and the consummation of transactions contemplated hereby, have been duly authorized by Purchaser's board of directors, and no other corporate proceeding on the part of Purchaser is necessary to authorize Purchaser's officers to perform this Agreement and the transactions contemplated herein.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Pro Dex Inc), Asset Purchase Agreement (Pro Dex Inc)

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Authority to Perform Agreement. The Purchaser has the requisite corporate power to enter into this Agreement and to carry out its obligations hereunder. The execution and delivery of this Agreement, the payments provided for herein, and the consummation of the transactions contemplated hereby, have been duly authorized by the Purchaser's board of directors, and no other corporate proceeding on the part of the Purchaser is necessary to authorize the Purchaser's officers to perform this Agreement and the transactions contemplated herein.

Appears in 1 contract

Samples: Stock Purchase Agreement (Kestrel Equity Corp)

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Authority to Perform Agreement. Purchaser has the corporate power to enter into this Agreement and to carry out its obligations hereunder. The execution and delivery of this Agreement, the payments provided for herein, and the consummation of transactions contemplated hereby, have been duly authorized by Purchaser's board Board of directorsDirectors, and no other corporate proceeding on the part of Purchaser is necessary to authorize Purchaser's officers to perform this Agreement and the transactions contemplated herein.

Appears in 1 contract

Samples: Common Stock Purchase & Sale Agreement (Jayhawk Energy, Inc.)

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