Authorization of Sale. All action necessary to authorize the execution, delivery and performance of this Agreement by Seller shall have been taken, and Seller shall have delivered to Purchaser a certificate to such effect executed by each Seller.
Authorization of Sale. On or prior to the date of this Agreement, the Company’s Board of Directors (the “Board”) shall have authorized the sale and issuance of the Shares and the transactions contemplated by this Agreement, subject to the terms and conditions contained herein.
Authorization of Sale. All action necessary to authorize the execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby shall have been duly and validly taken by Buyer.
Authorization of Sale. OF SHARES; ANTI-DILUTION; EXCHANGE OF SHARES.
Authorization of Sale. The Seller will provide a resolution of its board of directors authorizing the sale and delivery of the deed, and a certificate of the secretary or assistant secretary of the corporation certifying such resolution and setting forth facts showing that the transfer is in conformity with the requirements of Section 909 of the Business Corporation
Authorization of Sale. Of The Shares Subject to the terms and conditions of this Agreement, the Company has authorized the sale of up to six million (6,000,000) shares (the "Shares") of common stock, par value $0.01 per share (the "Common Stock"), of the Company.
Authorization of Sale. Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of up to shares (the “Shares”) of common stock, $.001 par value per share (the “Common Stock”), of the Company and warrants (the “Warrants”) to purchase up to an additional shares of Common Stock (the “Warrant Shares”) at an initial exercise price of $4.06 per share, subject to adjustment, in the form attached hereto as Exhibit A. The Company reserves the right to increase or decrease the number of shares of Common Stock and Warrants sold in this private placement prior to the Closing Date. The Shares, the Warrants and the Warrant Shares are sometimes referred to together as the “Securities.”
Authorization of Sale. The officers of Buyer who execute and deliver the Agreement have the requisite capacity, power and authority to do so. The execution and delivery by Buyer, through its officers, of this Agreement, and all documents attendant thereto, and the performance of the Transaction has been duly and validly authorized by the board of directors of Buyer, and will not (a) violate any Contract to which Buyer is a party; or (b) violate any provisions of the Articles of Incorporation, the Regulations or any other governing documents or corporate documents of Buyer.
Authorization of Sale. The execution and delivery, and performance by the Vendor, of this Agreement and each of the Closing Documents to which it is or is to become a party and the completion of the transactions contemplated by them have been duly authorized by all necessary corporate action on behalf of the Vendor.
Authorization of Sale. The execution and delivery of, and performance by the Company of, this Agreement and the completion of the transactions contemplated hereby have been duly authorized by all necessary corporate action on behalf of the Company. The execution and delivery of this Agreement by the Company and the consummation by it of the transactions contemplated hereby have been duly and validly authorized and approved by the Board of Directors (or equivalent governing body) of the Company, and no other organizational proceeding on the part of the Company is necessary to authorize this Agreement. This Agreement has been duly and validly executed and delivered by the Company and (assuming this Agreement constitutes a legal, valid and binding obligation of the other Parties hereto) constitutes a legal, valid and binding obligation of the Company, enforceable against it in accordance with its terms.
