Power and Authority; Authorization. Buyer has all requisite corporate power and authority to execute and deliver the Transaction Documents to which it is a party and to perform its obligations thereunder. The execution, delivery and performance of the Transaction Documents by Buyer and the consummation of the transactions contemplated thereby have been duly authorized by all requisite corporate action on the part of Buyer, and no other corporate proceedings on Buyer’s part are necessary to authorize the execution, delivery or performance of the Transaction Documents to which Buyer is a party.
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Samples: Purchase Agreement (Adams Resources & Energy, Inc.), Stock Purchase Agreement (Covenant Transportation Group Inc)
Power and Authority; Authorization. Buyer has all requisite corporate power and authority to execute and deliver the Transaction Documents to which it Buyer is a party and to perform its obligations thereunder. The execution, delivery and performance of the Transaction Documents to which it is a party by Buyer and the consummation of the transactions contemplated thereby have been duly authorized by all requisite corporate action on the part of Buyer, and no other corporate proceedings on Buyer’s part are necessary to authorize the execution, delivery or performance of the such Transaction Documents to which Buyer is a partyDocuments.
Appears in 2 contracts
Samples: Equity Purchase Agreement (Usa Truck Inc), Stock Purchase Agreement (Knight Transportation Inc)
Power and Authority; Authorization. Buyer has all requisite corporate power and authority to execute and deliver the Transaction Documents to which it is a party and to perform its obligations thereunderthereunder and consummate the transactions contemplated thereby. The execution, delivery and performance of the Transaction Documents by Buyer and the consummation of the transactions contemplated thereby have been duly authorized by all requisite corporate action on the part of Buyer, and no other corporate proceedings on Buyer’s 's part are necessary to authorize the execution, delivery or performance of the Transaction Documents to which Buyer is a partyDocuments.
Appears in 1 contract
Samples: Asset Purchase Agreement (Staffing 360 Solutions, Inc.)
Power and Authority; Authorization. Buyer has all requisite corporate power and authority to execute and deliver the Transaction Documents to which it Buyer is a party and to perform its obligations thereunder. The execution, delivery and performance by Buyer of the Transaction Documents by Buyer to which it is a party and the consummation of the transactions contemplated thereby have been duly authorized by all requisite corporate action on the part of Buyer, and no other corporate proceedings on Buyer’s (or any of its Affiliate’s) part are necessary to authorize the execution, delivery or performance of the Transaction Documents to which Buyer is a partyDocuments.
Appears in 1 contract
Samples: Asset Purchase Agreement (Pam Transportation Services Inc)
Power and Authority; Authorization. Buyer has all requisite corporate power and authority to execute and deliver the Buyer Transaction Documents to which it is a party and to perform its obligations thereunder. The execution, delivery and performance of the Buyer Transaction Documents by Buyer and the consummation of the transactions contemplated thereby have been duly authorized by all requisite corporate action on the part of Buyer, and no other corporate proceedings on Buyer’s part are necessary to authorize the execution, delivery or performance of the Buyer Transaction Documents to which Buyer is a partyDocuments.
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Power and Authority; Authorization. Buyer has all requisite corporate power and authority to execute and deliver this Agreement and the other Transaction Documents to which it is a party and to perform its obligations hereunder or thereunder. The execution, delivery and performance of the this Agreement and each other Transaction Documents Document by Buyer and the consummation of the transactions contemplated thereby have been duly authorized by all requisite corporate action on the part of Buyer, and no other corporate proceedings on Buyer’s part are necessary to authorize the execution, delivery or performance of the this Agreement and each other Transaction Documents Document to which Buyer is a party.
Appears in 1 contract
Samples: Lease Agreement (Celadon Group Inc)
Power and Authority; Authorization. Each of Buyer and Parent has all requisite corporate power and authority to execute and deliver the Transaction Documents to which it is a party and to perform its obligations thereunder. The execution, delivery delivery, and performance of the Transaction Documents to which it is a party by each of Buyer and Parent and the consummation of the transactions contemplated thereby have been duly authorized by all requisite corporate action on the part of BuyerBuyer and Parent, and no other corporate proceedings on Buyer’s or Parent’s part are necessary to authorize the execution, delivery delivery, or performance of the such Transaction Documents to which Buyer is a partyDocuments.
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