Common use of Execution; Due Authority Clause in Contracts

Execution; Due Authority. (a) The execution, delivery and performance of this Agreement, the Investors Rights Agreement and the Royalty Agreement (and all other documents required to be executed and delivered by each Purchaser and the consummation of the Transactions), to the extent such Purchaser is a party to such agreements, have been duly and validly authorized by all necessary corporate action on the part of such Purchaser.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Prospect Global Resources Inc.), Securities Purchase Agreement (Prospect Global Resources Inc.), Securities Purchase Agreement (Prospect Global Resources Inc.)

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Execution; Due Authority. (a) The execution, delivery and performance of the Original Agreement, this Agreement, the Investors Rights Agreement Agreement, the Apollo Warrants and the Royalty Agreement (and all other documents required to be executed and delivered by each Purchaser the Company or any of the Guarantors) and the consummation of the Transactions), to the extent such Purchaser is a party to such agreementstransactions contemplated hereby and thereby, have been duly and validly authorized by all necessary corporate action on the part of such Purchaserthe Company and each of the Guarantors, except for obtaining the Requisite Shareholder Approval.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Prospect Global Resources Inc.), Securities Purchase Agreement (Prospect Global Resources Inc.)

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Execution; Due Authority. (a) The execution, delivery and performance of this Agreement, the Investors Rights Agreement Agreement, the Apollo Warrants and the Royalty Agreement (and all other documents required to be executed and delivered by each Purchaser the Company or any of the Guarantors) and the consummation of the Transactions), to the extent such Purchaser is a party to such agreementstransactions contemplated hereby and thereby, have been duly and validly authorized by all necessary corporate action on the part of such Purchaserthe Company and each of the Guarantors, except for obtaining the Requisite Shareholder Approval.

Appears in 1 contract

Samples: Securities Purchase Agreement (Prospect Global Resources Inc.)

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