Common use of Power and Authority Relative to Transaction Clause in Contracts

Power and Authority Relative to Transaction. Purchaser has full corporate power and authority and has taken all required action necessary to permit it to execute and deliver and to carry out the terms of this Agreement and all other documents or instruments required or contemplated hereby and none of such actions will violate any law, rule, regulation, statute or ordinance applicable to Purchaser, violate any provisions of Purchaser’s Certificate of Incorporation or Articles of Association, each as amended, or result in any breach of, or default under, any agreement, instrument, order or judgment to which Purchaser is a party or by which its assets may be bound.

Appears in 3 contracts

Samples: Sale and Purchase Agreement (Marlborough Software Development Holdings Inc.), Sale and Purchase Agreement (Marlborough Software Development Holdings Inc.), Sale and Purchase Agreement (Bitstream Inc)

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Power and Authority Relative to Transaction. Purchaser The Buyer has full corporate power and authority and has taken all required action necessary to permit it to execute and deliver and to carry out the terms of this Agreement and all other documents or instruments required or contemplated hereby and none of such actions will violate any law, rule, regulation, statute provision of law or ordinance applicable to Purchaser, violate any provisions of Purchaser’s the Certificate of Incorporation or Articles of AssociationIncorporation, each as amended, or by-laws of the Buyer or will result in any breach of, or default under, of any agreement, mortgage, instrument, order or judgment to which Purchaser the Buyer is a party or by which its assets may be bound.

Appears in 1 contract

Samples: Purchase Agreement (Sybron International Corp)

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Power and Authority Relative to Transaction. Purchaser has full corporate power and authority and has taken all required action necessary to permit it to execute and deliver and to carry out the terms of this Agreement and all other documents or instruments required or contemplated hereby and none of such actions will materially violate any law, rule, regulation, statute or ordinance applicable to Purchaser, violate any provisions of Purchaser’s 's Certificate or Articles of Incorporation or Articles of AssociationBylaws, each as amended, or result in any breach of, or default under, of any material agreement, instrument, order or judgment to which Purchaser is a party or by which its assets may be bound.

Appears in 1 contract

Samples: Asset Purchase Agreement (Homegold Financial Inc)

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