Corporate Authority; Binding Nature of Agreement. The Purchaser has the power to enter into this Agreement and to carry out its obligation hereunder. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by the Board of Directors of the Purchaser and no other corporate proceedings on the part of the Purchaser are necessary to authorize the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby. This Agreement constitutes the valid and binding obligation of the Purchaser and is enforceable in accordance with its terms.
Appears in 7 contracts
Samples: Agreement of Share Exchange (House of BODS Fitness, Inc.), Agreement of Share Exchange (House of BODS Fitness, Inc.), Agreement of Share Exchange and Purchase and Sale (New Pacific Ventures Inc)
Corporate Authority; Binding Nature of Agreement. The Purchaser Seller has the power to enter into this Agreement and to carry out its obligation obligations hereunder. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by the Board of Directors and majority shareholders of the Purchaser Seller and no other corporate or organization proceedings on the part of the Purchaser Seller are necessary to authorize the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby. This Agreement constitutes the valid and binding obligation of the Purchaser Seller and is enforceable in accordance with its their terms.
Appears in 2 contracts
Samples: Share Exchange and Purchase and Sale (St Joseph Energy Inc), Share Exchange and Purchase and Sale (St Joseph Energy Inc)
Corporate Authority; Binding Nature of Agreement. The Purchaser has the power to enter into this Agreement and to carry out its obligation hereunder. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by the Board of Directors of the Purchaser and no other corporate proceedings on the part of the Purchaser are necessary to authorize the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby. This Agreement constitutes the valid and binding obligation of the Purchaser and is enforceable in accordance with its terms.. 4.4
Appears in 1 contract
Samples: Agreement of Purchase and Sale (Global Entertainment Holdings/Equities Inc)
Corporate Authority; Binding Nature of Agreement. The Purchaser has the power to enter into this Agreement and to carry out its obligation obligations hereunder. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by the Board of Directors of the Purchaser and no other corporate proceedings on the part of the Purchaser are necessary to authorize the execution and delivery of this Agreement and the consummation of the transactions contemplated herebyPurchaser. This Agreement constitutes the valid and binding obligation of the Purchaser and is enforceable in accordance with its terms, subject to applicable bankruptcy, reorganization, moratorium or similar laws relating to the enforcement of creditors' rights generally and the application of general principles of equity.
Appears in 1 contract
Samples: Asset Purchase Agreement (Electric & Gas Technology Inc)