Common use of Power and Authority; Authorization; Binding Effect Clause in Contracts

Power and Authority; Authorization; Binding Effect. (a) The Purchaser has all requisite organizational power and authority under its constitutive documents and the laws of its jurisdiction of organization to execute and deliver, to perform its obligations under, and to consummate the transactions contemplated by, this Agreement and the Ancillary Agreements.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Innophos, Inc.), Agreement of Purchase and Sale (Innophos Investment Holdings, Inc.)

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Power and Authority; Authorization; Binding Effect. (a) The Purchaser has all requisite organizational power and authority under its constitutive documents and the laws of its jurisdiction of incorporation or organization and formation to execute and deliver, to perform its obligations under, and to consummate the transactions contemplated by, this Agreement and the Ancillary Agreements.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Commercial Vehicle Group, Inc.)

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Power and Authority; Authorization; Binding Effect. (a) The Purchaser Each of Sellers has all requisite organizational power and authority under its constitutive documents and the laws of its jurisdiction of incorporation or organization to execute and deliver, to perform its obligations under, and to consummate the transactions contemplated by, this Agreement and the Ancillary Agreements, as applicable.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Commercial Vehicle Group, Inc.)

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