Common use of Authorization of the Documents Clause in Contracts

Authorization of the Documents. The execution, delivery and performance of this Agreement has been duly authorized by all requisite action on the part of Seller, and this Agreement constitutes a legal, valid and binding obligation of Seller, enforceable against Seller, in accordance with its terms.

Appears in 4 contracts

Samples: Purchase Agreement (Penske Capital Partners LLC), Purchase Agreement (Penske Capital Partners LLC), Purchase Agreement (United Auto Group Inc)

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Authorization of the Documents. The execution, delivery and performance of this Agreement has been duly authorized by all requisite corporate action on the part of Seller, and this Agreement constitutes a legal, valid and binding obligation of Seller, enforceable against Seller, in accordance with its terms.

Appears in 3 contracts

Samples: Purchase Agreement (TLC Vision Corp), Purchase Agreement (United Auto Group Inc), Purchase Agreement (Penske Capital Partners LLC)

Authorization of the Documents. The execution, delivery and performance of this Agreement has been duly authorized by all requisite action on the part of each Seller, and this Agreement constitutes a legal, valid and binding obligation of each Seller, enforceable against each Seller, in accordance with its terms.

Appears in 2 contracts

Samples: Purchase Agreement (Penske Capital Partners LLC), Purchase Agreement (Penske Capital Partners LLC)

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Authorization of the Documents. The execution, delivery and performance of this Agreement has been duly authorized by all requisite partnership action on the part of Seller, and this Agreement constitutes a legal, valid and binding obligation of Seller, enforceable against Seller, in accordance with its terms.

Appears in 2 contracts

Samples: Purchase Agreement (United Auto Group Inc), Purchase Agreement (Penske Capital Partners LLC)

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