Common use of Authorization and Validity of Agreements Clause in Contracts

Authorization and Validity of Agreements. Enigma has all corporate power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement by Enigma and the consummation of the transactions contemplated hereby have been duly authorized by all necessary corporate action and no other corporate proceedings on the part of Enigma are necessary to authorize this Agreement or to consummate the transactions contemplated hereby. No Enigma stockholder approvals are required to consummate the transactions contemplated hereby. The execution and delivery of this Agreement by each Enigma Stockholder which is not a natural person (“Entity Shareholder”) and the consummation of the transactions contemplated hereby by each Entity Shareholder have been duly authorized by all necessary action by the Entity Shareholder and no other proceedings on the part of Enigma or any Enigma Stockholder are necessary to authorize this Agreement or to consummate the transactions contemplated hereby.

Appears in 3 contracts

Samples: Share Exchange Agreement (S-Mark Co. Ltd.), Share Exchange Agreement (Wongnapachant Ratanaphon), Share Exchange Agreement (IWEB, Inc.)

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Authorization and Validity of Agreements. Enigma GEEI has all corporate power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement by Enigma GEEI and the consummation of the transactions contemplated hereby have been duly authorized by all necessary corporate action and no other corporate proceedings on the part of Enigma GEEI are necessary to authorize this Agreement or to consummate the transactions contemplated hereby. No Enigma GEEI stockholder approvals are required to consummate the transactions contemplated hereby. The execution and delivery of this Agreement by each Enigma GEEI Stockholder which is not a natural person (“Entity Shareholder”) and the consummation of the transactions contemplated hereby by each Entity Shareholder have been duly authorized by all necessary action by the Entity Shareholder and no other proceedings on the part of Enigma GEEI or any Enigma GEEI Stockholder are necessary to authorize this Agreement or to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Share Exchange Agreement (Epsilon Corp)

Authorization and Validity of Agreements. Enigma AEEC has all corporate power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement by Enigma AEEC and the consummation of the transactions contemplated hereby have been duly authorized by all necessary corporate action and no other corporate proceedings on the part of Enigma AEEC are necessary to authorize this Agreement or to consummate the transactions contemplated hereby. No Enigma The SHAREHOLDERS have approved this Agreement on behalf of AEEC and no other stockholder approvals are required to consummate the transactions contemplated hereby. The execution and delivery of this Agreement by each Enigma Stockholder SHAREHOLDER which is not a natural person (“Entity Shareholder”) and the consummation of the transactions contemplated hereby by each Entity Shareholder have been duly authorized by all necessary action by the Entity Shareholder and no other proceedings on the part of Enigma AEEC or any Enigma Stockholder SHAREHOLDER are necessary to authorize this Agreement or to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Exchange Agreement (Usip Com Inc)

Authorization and Validity of Agreements. Enigma DPI has all corporate power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement by Enigma DPI and the consummation of the transactions contemplated hereby have been duly authorized by all necessary corporate action and no other corporate proceedings on the part of Enigma DPI are necessary to authorize this Agreement or to consummate the transactions contemplated hereby. No Enigma The SHAREHOLDERS have approved this Agreement on behalf of DPI and no other stockholder approvals are required to consummate the transactions contemplated hereby. The execution and delivery of this Agreement by each Enigma Stockholder SHAREHOLDER which is not a natural person ("Entity Shareholder") and the consummation of the transactions contemplated hereby by each Entity Shareholder have been duly authorized by all necessary action by the Entity Shareholder and no other proceedings on the part of Enigma DPI or any Enigma Stockholder SHAREHOLDER are necessary to authorize this Agreement or to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Share Exchange Agreement (Parallel Technologies Inc)

Authorization and Validity of Agreements. Enigma has OmniM2M and Ci2i have all corporate power and authority to execute and deliver this Agreement, to perform its their obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement by Enigma OmniM2M and Ci2i and the consummation of the transactions contemplated hereby have been duly authorized by all necessary corporate action and no other corporate proceedings on the part of Enigma OmniM2M or Ci2i are necessary to authorize this Agreement or to consummate the transactions contemplated hereby. No Enigma OmniM2M nor Ci2i stockholder approvals are required to consummate the transactions contemplated hereby. The execution and delivery of this Agreement by each Enigma OmniM2M and Ci2i Stockholder which is not a natural person (“Entity Shareholder”) and the consummation of the transactions contemplated hereby by each Entity Shareholder have been duly authorized by all necessary action by the Entity Shareholder and no other proceedings on the part of Enigma OmniM2M or Ci2i or any Enigma OmniM2M or Ci2i Stockholder are necessary to authorize this Agreement or to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Share Exchange Agreement (Traqiq, Inc.)

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Authorization and Validity of Agreements. Enigma GIC has all corporate power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement by Enigma GIC and the consummation of the transactions contemplated hereby have been duly authorized by all necessary corporate action and no other corporate proceedings on the part of Enigma GIC are necessary to authorize this Agreement or to consummate the transactions contemplated hereby. No Enigma The SHAREHOLDERS have approved this Agreement on behalf of GIC and no other stockholder approvals are required to consummate the transactions contemplated hereby. The execution and delivery of this Agreement by each Enigma Stockholder SHAREHOLDER which is not a natural person ("Entity Shareholder") and the consummation of the transactions contemplated hereby by each Entity Shareholder have been duly authorized by all necessary action by the Entity Shareholder and no other proceedings on the part of Enigma GIC or any Enigma Stockholder SHAREHOLDER are necessary to authorize this Agreement or to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Share Exchange Agreement (Dolce Ventures, Inc)

Authorization and Validity of Agreements. Enigma Xxxxxxx has all corporate power and authority to execute and deliver this Agreement, to perform its obligations hereunder hereunder, and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement by Enigma Xxxxxxx, and the consummation of the transactions contemplated hereby have been duly authorized by all necessary corporate action action, and no other corporate proceedings on the part of Enigma Xxxxxxx are necessary to authorize this Agreement or to consummate the transactions contemplated hereby. No Enigma The Xxxxxxx Shareholders have approved this Agreement on behalf of Xxxxxxx, and no other stockholder approvals are required to consummate the transactions contemplated hereby. The execution Xxxxxxx Shareholders are competent and delivery of duly authorized to execute this Agreement by each Enigma Stockholder which is not a natural person (“Entity Shareholder”) and have the consummation of the transactions contemplated hereby by each Entity Shareholder have been duly authorized by all necessary action by the Entity Shareholder power to execute and no perform this Agreement. No other proceedings on the part of Enigma Xxxxxxx or any Enigma Stockholder Xxxxxxx Shareholder are necessary to authorize this Agreement or to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Share Exchange Agreement (Bitmis Corp.)

Authorization and Validity of Agreements. Enigma GIC has all corporate power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement by Enigma GIC and the consummation of the transactions contemplated hereby have been duly authorized by all necessary corporate action and no other corporate proceedings on the part of Enigma GIC are necessary to authorize this Agreement or to consummate the transactions contemplated hereby. No Enigma The SHAREHOLDERS have approved this Agreement on behalf of GIC and no other stockholder approvals are required to consummate the transactions contemplated hereby. The execution and delivery of this Agreement by each Enigma Stockholder SHAREHOLDER which is not a natural person (“Entity Shareholder”) and the consummation of the transactions contemplated hereby by each Entity Shareholder have been duly authorized by all necessary action by the Entity Shareholder and no other proceedings on the part of Enigma GIC or any Enigma Stockholder SHAREHOLDER are necessary to authorize this Agreement or to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Share Exchange Agreement (Leading King LTD)

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