Corporate Authorization; Binding Effect. Buyer has all requisite corporate power and corporate authority to enter into this Agreement and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement and the consummation by Buyer of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of Buyer. This Agreement has been duly executed and delivered by Buyer and constitutes a valid and binding agreement of Buyer, enforceable against it in accordance with its terms, except as such enforceability may be limited by
Appears in 6 contracts
Samples: Stockholder Agreement (Oscar Acquisition Corp), Stockholder Agreement (Oscar Acquisition Corp), Stockholder Agreement (Oscar Acquisition Corp)
Corporate Authorization; Binding Effect. The execution, delivery and performance of this Agreement by Buyer has all requisite corporate power and corporate authority been duly authorized by its general partner and, to enter into this Agreement and to consummate the transactions contemplated herebyextent required, the applicable limited partners. The execution and delivery of this This Agreement and the consummation by Buyer of the transactions contemplated hereby have been duly and validly authorized by all necessary corporate action on the part of Buyer. This , and this Agreement has been duly executed and delivered by Buyer and constitutes a the legal, valid and binding agreement obligation of Buyer, Buyer enforceable against it in accordance with its terms, except as such enforceability may be limited by.
Appears in 2 contracts
Samples: Hotel Purchase Agreement (Supertel Hospitality Inc), Hotel Purchase Agreement (Supertel Hospitality Inc)
Corporate Authorization; Binding Effect. Buyer has all requisite corporate power and corporate authority to enter into this Agreement and to consummate the transactions contemplated hereby. The execution execution, performance and delivery by Buyer of this Agreement Agreement, and of all of the other documents and instruments required hereby from Buyer, and the consummation by Buyer of the transactions contemplated hereby have been duly and validly authorized by all necessary corporate action on the part of Buyer. This Agreement has been duly executed and delivered by Buyer. This Agreement is, and the other documents and instruments to which Buyer is a party will be, when executed and constitutes a delivered by the parties thereto, the legal, valid and binding agreement obligations of Buyer, Buyer enforceable against it in accordance with its their respective terms, except as such enforceability may be limited by.
Appears in 2 contracts
Samples: Asset Purchase Agreement, Asset Purchase Agreement (Smithfield Foods Inc)
Corporate Authorization; Binding Effect. Buyer has all requisite corporate power and corporate authority to enter into this Agreement and to consummate the transactions contemplated hereby. The execution and delivery of this This Agreement and the consummation by Buyer of the transactions contemplated hereby have been duly and validly authorized by all necessary corporate action on the part of Buyer. This Agreement has been duly executed and delivered by Buyer and constitutes a the legal, valid and binding agreement obligation of Buyer, Buyer enforceable against it in accordance with its terms. Buyer has previously furnished Seller with a copy of the resolutions of Buyer's Board of Directors authorizing the transactions contemplated herein, except as such enforceability may be limited bycertified by the Secretary or any Assistant Secretary of Buyer.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Chicago Miniature Lamp Inc), Stock Purchase Agreement (Valmont Industries Inc)
Corporate Authorization; Binding Effect. Buyer Seller has all requisite the necessary corporate power and authority and has taken all corporate authority action necessary to enter into this Agreement and Agreement, to consummate the transactions contemplated hereby. The execution hereby and delivery of this Agreement and the consummation by Buyer of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of Buyerto perform its obligations hereunder. This Agreement has been duly executed and delivered by Buyer Seller and constitutes a legal, valid and binding agreement obligation of BuyerSeller, enforceable against it Seller in accordance with its respective terms, except as such enforceability may be limited by.
Appears in 1 contract
Corporate Authorization; Binding Effect. Buyer has all requisite corporate full power and corporate authority to enter into execute this Agreement and to consummate the transactions contemplated herebyperform its obligations hereunder. The execution and delivery of this This Agreement and the consummation by Buyer of the transactions contemplated hereby have been duly and validly authorized by all necessary corporate action on the part of Buyer. This Agreement has been duly executed and delivered by Buyer and constitutes a the legal, valid and binding agreement obligation of Buyer, Buyer enforceable against it in accordance with its terms, except as such enforceability may be limited by.
Appears in 1 contract
Samples: Stock Purchase Agreement (Central Tractor Farm & Country Inc)