Authorization, Validity and Effect. Buyer has all the requisite power and authority to enter into and perform its obligations under this Agreement and to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby and thereby, have been duly and validly authorized by all necessary action on the part of Buyer. This Agreement and the other agreements contemplated hereby to which Buyer is a party have been, or will be, duly and validly executed and delivered by Buyer and constitute the legal, valid and binding obligation of Buyer, enforceable against Buyer in accordance with their respective terms, except as limited by the General Enforceability Exceptions.
Appears in 1 contract
Samples: Stock Purchase Agreement (Pioneer Power Solutions, Inc.)
Authorization, Validity and Effect. The Buyer has all the requisite corporate power and authority to enter into execute and perform its obligations under deliver this Agreement and all agreements and documents contemplated hereby to be executed and delivered by it, and to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and such other agreements and documents and the consummation of the transactions contemplated hereby herein and therebytherein, have been duly and validly authorized by all necessary corporate action on the part of Buyer. This Agreement and the other agreements contemplated hereby to which Buyer is a party have been, or will be, has been duly and validly executed and delivered by Buyer and constitute constitutes the legal, valid and binding obligation of Buyer, enforceable against Buyer in accordance with their respective its terms, except as limited by the General Enforceability Exceptions.
Appears in 1 contract
Samples: Asset Purchase Agreement (Bell Industries Inc /New/)
Authorization, Validity and Effect. Buyer has all the requisite corporate power and authority to enter into execute and perform its obligations under deliver this Agreement and all agreements and documents contemplated hereby to be executed and delivered by it, and to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and such other agreements and documents and the consummation of the transactions contemplated hereby herein and therebytherein, have been duly and validly authorized by all necessary corporate action on the part of Buyer. This Agreement and the other agreements contemplated hereby to which Buyer is a party have been, or will be, has been duly and validly executed and delivered by Buyer and constitute constitutes the legal, valid and binding obligation of Buyer, enforceable against Buyer in accordance with their respective its terms, except as limited by the General Enforceability Exceptions.
Appears in 1 contract
Samples: Asset Purchase Agreement (Scott's Liquid Gold - Inc.)
Authorization, Validity and Effect. Buyer has all the requisite corporate power and authority to enter into execute and perform its obligations under deliver this Agreement and all agreements and documents contemplated hereby to be executed and delivered by it and to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and such other agreements and documents and the consummation of the transactions contemplated hereby herein and thereby, therein have been duly and validly authorized by all necessary corporate action on the part of Buyer. This Agreement and the other agreements contemplated hereby to which Buyer is a party have been, or will be, has been duly and validly executed and delivered by Buyer and constitute constitutes the legal, valid and binding obligation of Buyer, enforceable against Buyer in accordance with their respective its terms, except as limited by the General Enforceability Exceptions.
Appears in 1 contract
Authorization, Validity and Effect. Buyer has all the requisite limited liability company power and authority to enter into execute and perform its obligations under deliver this Agreement and all agreements and documents contemplated hereby to be executed and delivered by it, and to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and such other agreements and documents and the consummation of the transactions contemplated hereby herein and therebytherein, have been duly and validly authorized by all necessary limited liability company action on the part of Buyer. This Agreement and the other agreements contemplated hereby to which Buyer is a party have been, or will be, has been duly and validly executed and delivered by Buyer and constitute constitutes the legal, valid and binding obligation of Buyer, enforceable against Buyer in accordance with their respective its terms, except as limited by the General Enforceability Exceptions.
Appears in 1 contract
Samples: Stock Purchase Agreement (Commonwealth Disposition LLC)