Common use of Legal Power and Authority Clause in Contracts

Legal Power and Authority. Each of the Issuers and the Guarantors has all necessary power and authority to execute, deliver and perform their respective obligations under the Documents to which they are a party and to consummate the Transactions.

Appears in 3 contracts

Samples: Purchase Agreement (DriveTime Car Sales Company, LLC), Purchase Agreement (DT Credit Company, LLC), Purchase Agreement (TMX Finance LLC)

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Legal Power and Authority. Each of the Issuers The Issuer and the Guarantors each Guarantor has all necessary power corporate, partnership or limited liability company power, as applicable, and authority to execute, deliver and perform their its respective obligations under the Documents to which they are it is a party and to consummate the Transactions.

Appears in 2 contracts

Samples: Purchase Agreement (Nektar Therapeutics), Purchase Agreement (Nektar Therapeutics)

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