Common use of Authorization; Binding Effect Clause in Contracts

Authorization; Binding Effect. (a) Each of Buyer and any Buyer Designee has all requisite corporate power and authority to execute, deliver and perform this Agreement and the Collateral Agreements to which it will be a party, as the case may be, and to effect the transactions contemplated hereby and thereby and the execution, delivery and performance of this Agreement and the Collateral Agreements by Buyer has been duly authorized by all requisite corporate action and, to the extent not completed on the date hereof by a Buyer Designee, will be duly authorized by all requisite corporate action.

Appears in 7 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Maxlinear Inc), Asset Purchase Agreement (NetApp, Inc.)

AutoNDA by SimpleDocs

Authorization; Binding Effect. (a) Each of The Buyer and any Buyer Designee has all requisite corporate power and authority to execute, deliver and perform this Agreement and the Collateral Agreements to which it will be a party, as the case may be, and to effect the transactions contemplated hereby and thereby and the execution, delivery and performance of this Agreement and the Collateral Agreements by Buyer has been duly authorized by all requisite corporate action and, to the extent not completed on the date hereof by a Buyer Designee, will be duly authorized by all requisite corporate action.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Magnegas Corp), Asset Purchase Agreement (Magnegas Corp), Asset Purchase Agreement (Magnegas Corp)

Authorization; Binding Effect. (a) Each of Buyer and any Buyer Designee has all requisite corporate power and authority to execute, deliver and perform this Agreement and the Collateral Agreements to which it will be a party, as the case may be, and to effect the transactions contemplated hereby and thereby and the execution, delivery and performance of this Agreement and the Collateral Agreements by Buyer or a Buyer Designee has been duly authorized by all requisite corporate action and, to the extent not completed on the date hereof by a Buyer Designee, will be duly authorized by all requisite corporate action.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Triquint Semiconductor Inc), Asset Purchase Agreement (Triquint Semiconductor Inc), Asset Purchase Agreement (Emcore Corp)

Authorization; Binding Effect. (a) Each of Buyer and any Buyer Designee has all requisite corporate power and authority to execute, deliver and perform this Agreement and the Collateral Agreements to which it will be a party, as the case may be, and to effect the transactions contemplated hereby and thereby thereby, and the execution, delivery and performance of this Agreement and the Collateral Agreements by Buyer or Buyer Designee has been duly authorized by all requisite corporate action and, to the extent not completed on the date hereof by a Buyer Designee, will be duly authorized by all requisite corporate action.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Infineon Technologies Ag), Asset Purchase Agreement (Infineon Technologies Ag)

Authorization; Binding Effect. (a) Each of Buyer and any Buyer Designee has all requisite corporate power and authority to execute, deliver and perform this Agreement Agreement, and the Collateral Agreements to which it will be a party, as the case may be, and to effect the transactions contemplated hereby and thereby and the execution, delivery and performance of this Agreement and the Collateral Agreements by Buyer has been duly authorized by all requisite corporate action and, to the extent not completed on the date hereof by a Buyer Designee, will be duly authorized by all requisite corporate action.

Appears in 2 contracts

Samples: Definitive Asset Purchase Agreement, Definitive Asset Purchase Agreement (Akoustis Technologies, Inc.)

Authorization; Binding Effect. (a) Each of Buyer and any Buyer Designee has all requisite corporate limited liability company power and authority to execute, execute and deliver and perform this Agreement and the Collateral Agreements to which it will be a party, as the case may be, and to effect the transactions contemplated hereby and thereby and has duly authorized the execution, delivery and performance of this Agreement and the Collateral Agreements by Buyer has been duly authorized by all requisite corporate action and, to the extent not completed on the date hereof by a Buyer Designee, will be duly authorized by all requisite corporate limited liability company action.

Appears in 2 contracts

Samples: Corvis Corp, Broadwing Inc

Authorization; Binding Effect. (a) Each of Buyer and any Buyer Designee has the corporate power, including all requisite corporate power and authority necessary authorization, to execute, deliver and perform fulfill the provisions of this Agreement, and this Agreement constitutes a legal, valid and binding agreement of Buyer enforceable against Buyer in accordance with its terms, except as enforcement may be limited by bankruptcy, insolvency, reorganization, or similar laws affecting the Collateral Agreements to which it will be a party, as the case may be, enforcement of creditors' rights generally and to effect the transactions contemplated hereby rules and thereby and the execution, delivery and performance of this Agreement and the Collateral Agreements by Buyer has been duly authorized by all requisite corporate action and, to the extent not completed on the date hereof by a Buyer Designee, will be duly authorized by all requisite corporate actionlaws concerning equitable remedies.

Appears in 2 contracts

Samples: Asset Purchase and Sale Agreement (Zomax Optical Media Inc), Share Purchase and Sale Agreement (Zomax Optical Media Inc)

Authorization; Binding Effect. (a) Each of Parent and Buyer and any Buyer Designee has all requisite corporate power and authority to execute, execute and deliver and perform this Purchase Agreement and the Collateral Agreements to which it will be a party, as the case may be, and to effect the transactions contemplated hereby and thereby thereby, and the execution, delivery and performance of this Purchase Agreement and the Collateral Agreements by Buyer has have been duly authorized by all requisite corporate action and, to the extent not completed on the date hereof by a Buyer Designee, will be duly authorized by all requisite corporate action.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Avaya Inc), Asset Purchase Agreement (Commscope Inc)

Authorization; Binding Effect. (a) Each of The Buyer and any the Buyer Designee has have all requisite corporate power and authority to execute, deliver and perform this Agreement and the Collateral Agreements to which it they will be a party, as the case may be, and to effect the transactions contemplated hereby and thereby and the execution, delivery and performance of this Agreement and the Collateral Agreements by Buyer has been duly authorized by all requisite corporate action and, to the extent not completed on the date hereof by a Buyer Designee, will be duly authorized by all requisite corporate action.

Appears in 1 contract

Samples: Asset Purchase Agreement (Taronis Technologies, Inc.)

Authorization; Binding Effect. (a) Each of Buyer and any Buyer Designee has all requisite corporate power and authority to execute, deliver and perform this Agreement and the Collateral Agreements to which it will be a party, as the case may be, and to effect the transactions contemplated hereby and thereby and the execution, delivery and performance of this Agreement and the Collateral Agreements by Buyer has been duly authorized by all requisite corporate action and, to the extent not completed on the date hereof by a Buyer Designee, will be duly authorized by all requisite corporate action.the

Appears in 1 contract

Samples: Asset Purchase Agreement (Agere Systems Inc)

AutoNDA by SimpleDocs

Authorization; Binding Effect. (a) Each of Buyer and any Buyer Designee has all requisite corporate power and authority to execute, execute and deliver and perform this Agreement and the Collateral Agreements to which it will be is a party, as the case may be, party and to effect the transactions contemplated hereby and thereby thereby, and the execution, delivery and performance of this Agreement and the Collateral Agreements by Buyer has have been duly authorized by all requisite corporate action and, to the extent not completed on the date hereof by a Buyer Designee, will be duly authorized by all requisite corporate action.

Appears in 1 contract

Samples: Asset Purchase Agreement (Oak Technology Inc)

Authorization; Binding Effect. (a) Each of Buyer and any Buyer Designee Purchaser has all requisite corporate power and authority to execute, execute and deliver and perform this Agreement and the Collateral Agreements to which it will be a party, as the case may be, and to effect the transactions contemplated hereby and thereby and has duly authorized the execution, delivery and performance of this Agreement and the Collateral Agreements by Buyer has been duly authorized by all requisite corporate action and, to the extent not completed on the date hereof by a Buyer Designee, will be duly authorized by all requisite corporate action.

Appears in 1 contract

Samples: Asset Purchase Agreement (Manitex International, Inc.)

Authorization; Binding Effect. (a) Each of Buyer and any Buyer Designee has all requisite corporate power and authority to execute, deliver and perform this Agreement and the Collateral Agreements to which it will be a party, as the case may be, and to effect the transactions contemplated hereby and thereby and the execution, delivery and performance of this Agreement and the Collateral Agreements by Buyer or a Buyer Designee has been duly authorized by all requisite corporate action and, to the extent not completed on the date hereof by a Buyer Designee, will be duly authorized by all requisite corporate action.. Agere Systems Proprietary

Appears in 1 contract

Samples: Asset Purchase Agreement (Agere Systems Inc)

Authorization; Binding Effect. (a) Each of Buyer and any Buyer Designee has all requisite corporate or similar power and authority to execute, deliver and perform this Agreement and the Collateral Ancillary Agreements to which it will be a party, as the case may be, and to effect the transactions contemplated hereby and thereby and the execution, delivery and performance of this Agreement and the Collateral Ancillary Agreements by Buyer has been duly authorized by all requisite corporate action and, to the extent not completed on the date hereof by a Buyer Designee, will be duly authorized by all requisite corporate action.

Appears in 1 contract

Samples: Asset Purchase Agreement (Perspective Therapeutics, Inc.)

Authorization; Binding Effect. (a) Each of Buyer and any Buyer Designee has all requisite corporate power and authority to execute, execute and deliver and perform this Agreement and the each Collateral Agreements Agreement to which it is or will be a party, as the case may be, party and to effect the transactions contemplated hereby and thereby and the execution, delivery and performance of this Agreement and the Collateral Agreements by Buyer has been duly authorized by all requisite corporate action and, to the extent not completed on the date hereof by a Buyer Designee, will be duly authorized by all requisite corporate actionthereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (SAVVIS, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.