Common use of Corporate and Other Action Clause in Contracts

Corporate and Other Action. The Company has all requisite power and authority (corporate and other), and has taken all necessary corporate action, to authorize, execute, deliver and perform this Warrant Agreement; to execute, issue, sell and deliver the Warrants and a certificate or certificates evidencing the Warrants; to authorize and reserve for issuance and, upon payment from time to time of the Purchase Price, to issue, sell and deliver the shares of the Underlying Securities issuable upon exercise of the Warrants; and to perform all of its obligations under this Warrant Agreement and the Warrants. This Warrant Agreement has been duly executed and delivered by the Company and is a legal, valid and binding agreement of the Company enforceable in accordance with its terms. No authorization, approval, consent or other order of any regulatory authority is required for such authorization, issue or sale.

Appears in 4 contracts

Samples: Warrant Agreement (Tanisys Technology Inc), Warrant Agreement (Tanisys Technology Inc), Warrant Agreement (Us Medical Systems Inc)

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Corporate and Other Action. The Company has all requisite power and authority (corporate and other), and has taken all necessary corporate action, to authorize, execute, deliver and perform this Warrant Agreement; , to execute, issue, sell and deliver the Warrants and a certificate or certificates evidencing the Warrants; , to authorize and reserve for issuance issue and, upon payment from time to time of the Purchase Price, to issue, sell and deliver deliver, the shares of the Underlying Securities Common Stock issuable upon exercise of the Warrants; , and to perform all of its obligations under this Warrant Agreement and the Warrants. This Warrant Agreement has been duly executed and delivered by the Company and is a legal, valid and binding agreement of the Company enforceable in accordance with its terms. No authorization, approval, consent or other order of any regulatory authority is required for such authorization, execution, delivery, performance, issue or sale.

Appears in 2 contracts

Samples: Warrant Agreement (Thermoview Industries Inc), Warrant Agreement (Thermoview Industries Inc)

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Corporate and Other Action. The Company has all requisite power and authority (corporate and other), and has taken all necessary corporate action, to authorize, execute, deliver and perform this Warrant Agreement; , to execute, issue, sell and deliver the Warrants and a certificate or certificates evidencing the Warrants; , to authorize and reserve for issuance and, upon payment from time to time of the Purchase Price, to issue, sell and deliver deliver, the shares of the Underlying Securities Common Stock issuable upon exercise of the Warrants; , and to perform all of its obligations under this Warrant Agreement and the Warrants. This Warrant Agreement has been duly executed and delivered by the Company and is a legal, valid and binding agreement of the Company enforceable in accordance with its terms. No authorization, approval, consent or other order of any regulatory authority is required for such authorization, issue or sale.except to the extent enforceability may be

Appears in 1 contract

Samples: Warrant Agreement (Neutral Posture Ergonomics Inc)

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