Common use of Authorization and Validity of Agreements Clause in Contracts

Authorization and Validity of Agreements. The Company 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 the Company and the consummation by the Company of the transactions contemplated hereby have been duly authorized by all necessary corporate action of the Company, and no other corporate proceedings on the part of the Company are necessary to authorize this Agreement or to consummate the transactions contemplated hereby.

Appears in 4 contracts

Samples: Share Exchange Agreement (Future FinTech Group Inc.), Share Exchange Agreement (Fuse Group Holding Inc.), Share Exchange Agreement (Future FinTech Group Inc.)

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Authorization and Validity of Agreements. The Company has all corporate the requisite power and authority and has taken all action necessary in order to authorize, execute and deliver this AgreementAgreement and the other Transaction-Related Agreements to which it is a party, to perform its obligations hereunder and to consummate the transactions contemplated herebyhereby and thereby and to perform the acts contemplated on its part hereunder and thereunder. The execution and delivery Each of this Agreement by and each of the other Transaction-Related Agreements to which the Company is a party is a valid and the consummation by the Company of the transactions contemplated hereby have been duly authorized by all necessary corporate action of the Company, and no other corporate proceedings on the part binding agreement of the Company are necessary to authorize this Agreement or to consummate enforceable against the transactions contemplated herebyCompany in accordance with its terms.

Appears in 2 contracts

Samples: Contribution Agreement (Archipelago Holdings L L C), Facility Services Agreement (Archipelago Holdings L L C)

Authorization and Validity of Agreements. The Company has all corporate requisite 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 Agreement, the performance by the Company of its obligations hereunder and the consummation by the Company of the transactions contemplated hereby have been duly authorized by all necessary requisite corporate action of the Company. This Agreement constitutes a legal, valid and no other corporate proceedings on the part binding obligation of the Company, enforceable against the Company are necessary to authorize this Agreement or to consummate the transactions contemplated herebyin accordance with its respective terms.

Appears in 2 contracts

Samples: Stock Purchase Agreement (First Busey Corp /Nv/), Stock Purchase Agreement (First Busey Corp /Nv/)

Authorization and Validity of Agreements. The Company (a) This Agreement has all corporate power been duly authorized, executed 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 delivered by the Company and the consummation by constitutes a valid and binding obligation of the Company of enforceable against the transactions contemplated hereby have been duly authorized by all necessary corporate action of the Company, and no other Company in accordance with its terms. All corporate proceedings on the part of the Company are necessary to authorize approve this Agreement or and to consummate the transactions contemplated herebyhereby have been taken prior to the date of this Agreement.

Appears in 1 contract

Samples: Subscription Agreement (PMC International Inc)

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Authorization and Validity of Agreements. The Company This Agreement has all corporate power been duly authorized, executed 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 delivered by the Company and the consummation by the Company of the transactions contemplated hereby have been duly authorized by all necessary corporate action constitutes a valid and binding obligation of the Company, and no other enforceable against the Company in accordance with its terms. All corporate proceedings on the part of the Company are necessary to authorize approve this Agreement or and to consummate the transactions contemplated herebyhereby have been taken and are in full force and effect.

Appears in 1 contract

Samples: Merger Agreement (Amtec Inc)

Authorization and Validity of Agreements. The Company This Agreement has all corporate power been duly authorized, executed 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 delivered by the Company and the consummation by the Company of the transactions contemplated hereby have been duly authorized by all necessary corporate action constitutes a valid and binding obligation of the Company, and no other enforceable against the Company in accordance with its terms. All corporate proceedings on the part of the Company are necessary to authorize approve this Agreement or and to consummate the transactions contemplated herebyhereby have been taken.

Appears in 1 contract

Samples: Option Agreement (United Pan Europe Communications Nv)

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