Common use of Corporate Power and Authority Clause in Contracts

Corporate Power and Authority. Purchaser has the corporate power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. Purchaser has taken all action necessary to authorize the execution and delivery of this Agreement, the performance of its obligations hereunder and the consummation of the transactions contemplated hereby.

Appears in 9 contracts

Samples: Asset Purchase Agreement (Babyuniverse, Inc.), Exchange Agreement and Plan of Reorganization (Make Your Move Inc), Exchange Agreement and Plan of Reorganization (Make Your Move Inc)

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Corporate Power and Authority. Purchaser Buyer has the corporate all requisite power and authority to execute and deliver this Agreement, to perform its obligations hereunder hereunder, and to consummate the transactions contemplated hereby. Purchaser Buyer has taken all action necessary to authorize the its execution and delivery of this Agreement, the performance of its respective obligations hereunder and the consummation of the transactions contemplated herebyhereunder.

Appears in 8 contracts

Samples: Stock Purchase Agreement (Applied Digital Solutions Inc), Stock Purchase Agreement (Applied Digital Solutions Inc), Stock Purchase Agreement (Applied Digital Solutions Inc)

Corporate Power and Authority. Purchaser has the requisite corporate power and authority to execute execute, deliver and deliver perform this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. Purchaser has taken all action necessary to authorize the The execution and delivery of this Agreement, the performance of its obligations hereunder Agreement by Purchaser and the consummation of the transactions contemplated herebyhereby have been duly authorized by all necessary corporate action on the part of Purchaser. This Agreement has been duly executed and delivered by Purchaser and, assuming the due authorization, execution and delivery of this Agreement by Sellers, this Agreement constitutes a legal, valid and binding obligation of Purchaser enforceable against it in accordance with its terms.

Appears in 4 contracts

Samples: Share Sale and Purchase Agreement, Share Sale and Purchase Agreement (Invitrogen Corp), Share Sale and Purchase Agreement (Invitrogen Corp)

Corporate Power and Authority. Purchaser has the corporate power and authority and all licenses and permits required by governmental authorities to execute execute, deliver and deliver perform this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. Purchaser has taken all action necessary to authorize the execution and delivery of this Agreement, the performance of its obligations hereunder and the consummation of the transactions contemplated hereby.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Ne Restaurant Co Inc), Stock Purchase Agreement (Whole Foods Market Inc), Asset Purchase Agreement (Surgical Technologies Inc)

Corporate Power and Authority. The Purchaser has the corporate power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. The Purchaser has taken all action necessary to authorize the execution and delivery of this Agreement, the performance of its obligations hereunder and the consummation of the transactions contemplated hereby.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Florida Panthers Holdings Inc), Asset Purchase Agreement (Fun City Popcorn Inc), Asset Purchase Agreement (Fun City Popcorn Inc)

Corporate Power and Authority. Purchaser has the corporate power and authority to execute execute, deliver and deliver perform this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. Purchaser has taken all action necessary to authorize the execution and delivery of this Agreement, the performance of its obligations hereunder and the consummation of the transactions contemplated hereby.

Appears in 3 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Celadon Group Inc), Asset Purchase Agreement (Celadon Group Inc)

Corporate Power and Authority. Purchaser has the corporate power and authority to execute and deliver this Agreement, to perform its respective obligations hereunder and to consummate the transactions contemplated hereby. Purchaser has taken all action necessary to authorize the its execution and delivery of this Agreement, the performance of its respective obligations hereunder and the consummation of the transactions contemplated hereby.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Fine Air Services Corp), Stock Purchase Agreement (Fine Air Services Corp), Purchase and Sale Agreement (Fine Air Services Corp)

Corporate Power and Authority. Purchaser Buyer has the corporate power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. Purchaser Buyer has taken all action necessary to authorize the execution and delivery of this Agreement, the performance of its obligations hereunder and the consummation of the transactions contemplated hereby.

Appears in 3 contracts

Samples: Asset Purchase Agreement (RDE, Inc.), Asset Purchase Agreement (RDE, Inc.), Stock Purchase Agreement (Lender to Lender Franchise, Inc)

Corporate Power and Authority. Purchaser has the all requisite corporate power and authority to execute make, execute, deliver and deliver perform this Agreement and all other agreements, documents and instruments to which it is a party or is otherwise obligated which are executed, delivered or performed pursuant to this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. Purchaser has taken all action necessary to authorize the execution and delivery of this Agreement, the performance of its obligations hereunder and the consummation of the transactions contemplated hereby.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Utstarcom Inc), Asset Purchase Agreement (Amkor Technology Inc), Asset Purchase Agreement (Amkor Technology Inc)

Corporate Power and Authority. Purchaser has the corporate power and authority to own, lease and operate their respective properties and assets and to carry on their respective businesses as currently being conducted. Purchaser has the corporate power and authority to execute and deliver this Agreement, Agreement and to perform its obligations hereunder under this Agreement and to consummate the transactions contemplated herebyMerger. The execution, delivery and performance by Purchaser has taken all action necessary to authorize the execution and delivery of this Agreement, the performance of its obligations hereunder and the consummation of the transactions contemplated herebyAgreement have been duly authorized by all necessary corporate action.

Appears in 2 contracts

Samples: Merger Agreement (Docucorp International Inc), Merger Agreement (Skywire Software, LLC)

Corporate Power and Authority. The Purchaser has the corporate power and authority to execute enter into and deliver perform this Agreement, Agreement and any agreement entered into pursuant to perform its obligations hereunder the terms of this Agreement and the provisions of this Agreement and any agreement entered into pursuant to consummate the transactions contemplated hereby. Purchaser has taken all action necessary to authorize the execution and delivery terms of this Agreement, constitute valid and binding obligations on the performance of its obligations hereunder Purchaser and are enforceable against the consummation of the transactions contemplated herebyPurchaser, in accordance with their respective terms.

Appears in 2 contracts

Samples: Option Agreement (Abengoa, S.A.), Option Agreement (Stichting Seville)

Corporate Power and Authority. Purchaser has the corporate power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. Purchaser has taken all corporate action necessary to authorize the its execution and delivery of this Agreement, the performance of its obligations hereunder and the consummation of the transactions contemplated hereby.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Advanced Electronic Support Products Inc), Asset Purchase Agreement (Inspire Insurance Solutions Inc)

Corporate Power and Authority. Purchaser has the corporate all requisite power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. Purchaser has taken all action necessary to authorize the execution and delivery of this Agreement, the performance of its obligations hereunder and the consummation of the transactions contemplated hereby.

Appears in 2 contracts

Samples: Asset Purchase Agreement (U S Energy Systems Inc), Asset Purchase Agreement (Silver Point Capital L.P.)

Corporate Power and Authority. Purchaser has the corporate power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. Purchaser has taken all corporate action necessary to authorize the execution and delivery of this Agreement, the performance of its obligations hereunder and the consummation of the transactions contemplated hereby.

Appears in 2 contracts

Samples: Acquisition Agreement (Packaging Dynamics Corp), Acquisition Agreement (Packaging Dynamics Corp)

Corporate Power and Authority. The Purchaser has the corporate power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. The Purchaser has taken all action actions necessary to authorize the execution and delivery of this Agreement, the performance of its obligations hereunder and the consummation of the transactions contemplated hereby.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Florida Panthers Holdings Inc), Asset Purchase Agreement (Florida Panthers Holdings Inc)

Corporate Power and Authority. The Purchaser has the corporate power all requisite power, authority and authority legal right to execute and deliver this Agreementexecute, to perform its obligations hereunder and to deliver, enter into, consummate the transactions contemplated hereby. Purchaser has taken all action necessary to authorize the execution by and delivery of perform its obligations under this Agreement, the performance of its obligations hereunder First Amendment to Stockholders' Agreement and the consummation of the transactions contemplated hereby.First

Appears in 1 contract

Samples: Stock Purchase Agreement (Hudson Technologies Inc /Ny)

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Corporate Power and Authority. The Purchaser has the requisite corporate power and authority to execute enter into and deliver this Agreement, to perform its obligations hereunder under this Agreement and each additional agreement or instrument to consummate the transactions contemplated hereby. Purchaser has taken all action necessary be delivered pursuant to authorize the execution and delivery of this Agreement, the performance of its obligations hereunder and the consummation of the transactions contemplated hereby.

Appears in 1 contract

Samples: Share Purchase Agreement

Corporate Power and Authority. The Purchaser has the requisite corporate power and authority to execute enter into and deliver perform its obligations under this Agreement and each additional agreement or instrument to be delivered pursuant to this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. Purchaser has taken all action necessary to authorize the execution own and delivery of this Agreementlease its properties, the performance of and carry on its obligations hereunder and the consummation of the transactions contemplated herebybusinesses as now being conducted.

Appears in 1 contract

Samples: Share Exchange Agreement (Astro Aerospace Ltd.)

Corporate Power and Authority. The Purchaser has the corporate power and authority to execute execute, deliver and deliver perform this Agreement, to perform its obligations hereunder Agreement and to consummate the transactions other documents and instruments contemplated hereby. Purchaser has taken all action necessary to authorize the execution The execution, delivery and delivery performance of this Agreement, Agreement and the performance of its obligations hereunder documents contemplated hereby and the consummation of the transactions contemplated herebyhereby and thereby have been duly authorized and approved by the Purchaser. This Agreement and each of the other agreements, documents and instruments to be executed and delivered by the Purchaser have been duly executed and delivered by, and constitute the valid and binding obligation of the Purchaser enforceable against the Purchaser in accordance with their terms.

Appears in 1 contract

Samples: Share Transfer Agreement (Fuwei Films (Holdings), Co. Ltd.)

Corporate Power and Authority. Purchaser Buyer has the corporate power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. Purchaser Buyer has taken all corporate action necessary to authorize the its execution and delivery of this Agreement, the performance of its obligations hereunder and the consummation of the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Spectrafax Corp)

Corporate Power and Authority. Purchaser Buyer has the corporate power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. Purchaser Subject to approval by the Board of Directors of Buyer in the form of a corporate resolution, a copy which shall be provided to Seller on or before Closing, Buyer has taken all action actions necessary to authorize the execution and delivery of this Agreement, the performance of its obligations hereunder and the consummation of the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Claimsnet Com Inc)

Corporate Power and Authority. Purchaser has the all requisite corporate power and authority to execute enter into, execute, deliver and deliver perform this Agreement, to perform its obligations hereunder Agreement and to consummate the transactions contemplated hereby. Purchaser has taken all action necessary to authorize the execution and delivery of this Agreement, the performance of its obligations hereunder and the consummation of carry out the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Mercer Island Investors Group, Inc.)

Corporate Power and Authority. Purchaser has the all corporate power and authority to execute own, lease, possess and deliver this Agreement, to perform operate its obligations hereunder assets and to consummate transact its business. Purchaser has all corporate power and authority to enter into, execute, deliver and perform this Agreement and the related documents to which it is party and to carry out the transactions contemplated herebyhereby and thereby. Purchaser has taken all action necessary to authorize the execution This Agreement constitutes a legal, valid and delivery of this Agreement, the performance of its obligations hereunder and the consummation binding obligation of the transactions contemplated herebyPurchaser, enforceable in accordance with its terms.

Appears in 1 contract

Samples: Purchase Agreement (Lakes Entertainment Inc)

Corporate Power and Authority. Purchaser has the corporate power and ----------------------------- authority and all licenses and permits required by governmental authorities to execute execute, deliver and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. Purchaser has taken all action necessary to authorize the execution and delivery of under this Agreement, the performance of its obligations hereunder and the consummation of the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Harrys Farmers Market Inc)

Corporate Power and Authority. The Purchaser has the corporate power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. The Purchaser has taken all corporate action necessary to authorize the its execution and delivery of this Agreement, the performance of its obligations hereunder and the consummation of the transactions contemplated hereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (Galaxy Next Generation, Inc.)

Corporate Power and Authority. Purchaser has the corporate power and authority to execute and deliver this Agreement, to perform its respective obligations hereunder and to consummate the transactions contemplated hereby. Purchaser has taken all action necessary to authorize the its execution and delivery of this Agreement, the performance of its obligations hereunder and the consummation of the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Interiors Inc)

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