Common use of Authorization; Power Clause in Contracts

Authorization; Power. The execution and delivery by it of, and the performance by it under, the Operative Documents to which it is a party and the purchase of the Note and the Warrant issued in favor of it have been duly authorized by all requisite action, and it has the full right, power and authority to enter into, and perform its obligations under, this Agreement.

Appears in 3 contracts

Samples: Note and Warrant Purchase Agreement (Cti Industries Corp), Note and Warrant Purchase Agreement (Morton Industrial Group Inc), Note and Warrant Purchase Agreement (Morton Industrial Group Inc)

AutoNDA by SimpleDocs

Authorization; Power. The execution and delivery by it of, and the performance by it under, the Operative Transaction Documents to which it is a party and the purchase of the Note and the Warrant issued in favor of it have been duly authorized by all requisite action, and it has the full right, power and authority to enter into, and perform its obligations under, this Agreementthe Transaction Documents to which it is a party.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Argyle Security, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!