Common use of Due Authorization and Enforceability of Obligations Clause in Contracts

Due Authorization and Enforceability of Obligations. (a) The Purchaser has all necessary corporate power, authority and capacity to enter into this Agreement and to carry out its obligations under this Agreement.

Appears in 2 contracts

Samples: Share Purchase and Sale Agreement, Share Exchange Agreement

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Due Authorization and Enforceability of Obligations. (a) The Purchaser Buyer has all necessary corporate power, authority and capacity to enter into this Agreement and to carry out its obligations under this Agreement. The execution and delivery of this Agreement and the consummation of the transactions contemplated by this Agreement have been duly authorized by all necessary corporate action of the Buyer. This Agreement constitutes a valid and binding obligation of the Buyer enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Merge Healthcare Inc)

Due Authorization and Enforceability of Obligations. (a) The Purchaser has all necessary corporate power, authority and capacity and has taken all corporate actions necessary in order to enter into execute, deliver and perform under this Agreement and each of the Transaction Documents to carry out its obligations under this Agreementwhich it is or will be a party and to consummate the transactions contemplated hereby and thereby.

Appears in 1 contract

Samples: Subscription Agreement

Due Authorization and Enforceability of Obligations. (a) The Purchaser has all necessary corporate power, authority and capacity to enter into this Agreement and to carry out its obligations under this Agreement, including without limitation, the issuance of the Purchaser Consideration Shares.

Appears in 1 contract

Samples: Share Purchase and Sale Agreement (Uranium Energy Corp)

Due Authorization and Enforceability of Obligations. (a) The Purchaser Vendor has all necessary corporate power, authority and capacity to enter into this Agreement and to carry out its obligations under this Agreement.

Appears in 1 contract

Samples: Share Purchase and Sale Agreement

Due Authorization and Enforceability of Obligations. (a) The Purchaser has all necessary corporate power, authority and capacity to enter into this Agreement and to carry out its obligations under this Agreement. The execution and delivery of this Agreement and the consummation of the transactions contemplated by this Agreement have been duly authorized by all necessary corporate action of the Purchaser. This Agreement constitutes a valid and binding obligation of the Purchaser enforceable against it in accordance with its terms subject to any limitations imposed by Law.

Appears in 1 contract

Samples: Asset Sale Agreement (Corinthian Colleges Inc)

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Due Authorization and Enforceability of Obligations. (a) The Purchaser Buyer has all necessary corporate power, authority and capacity to enter into this Agreement and to carry out its obligations under this Agreement.. The execution and delivery of this Agreement and the consummation of the transactions contemplated by this Agreement have been duly authorized by all necessary corporate action of Buyer. This Agreement constitutes a valid and binding obligation of Buyer enforceable against it in accordance with its terms, except as may be limited

Appears in 1 contract

Samples: Asset Purchase Agreement (Brooks Automation Inc)

Due Authorization and Enforceability of Obligations. (a) The Purchaser has all necessary corporate power, authority and capacity to enter into this Agreement and to carry out its obligations under this Agreement. The execution and delivery of this Agreement and the consummation of the transaction contemplated under this Agreement have been duly authorized by all necessary corporate action of the Purchaser. This Agreement constitutes a valid and binding obligation of the Purchaser enforceable against it in accordance with its terms subject to any limitations imposed by Law.

Appears in 1 contract

Samples: Purchase Agreement (Tredegar Corp)

Due Authorization and Enforceability of Obligations. (a) The Purchaser has all necessary corporate power, authority and capacity to enter into this Agreement and to carry out its obligations under this Agreement. The execution and delivery of this Agreement and the consummation of the transactions contemplated by this Agreement have been duly authorized by all necessary corporate action of Purchaser. This Agreement constitutes a valid and binding obligation of Purchaser enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Residual Purchase Agreement (Optimal Group Inc)

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