Common use of Power and Authorization Clause in Contracts

Power and Authorization. Each of the Undersigned and each Purchaser is duly organized, validly existing and in good standing under the laws of its jurisdiction of formation, and the Undersigned has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the Purchase, in each case on behalf of itself and each Account. If the Undersigned is executing this Agreement on behalf of Accounts, (a) the Undersigned has all requisite discretionary and contractual authority to enter into this Agreement on behalf of, and bind, each Account, and (b) Exhibit A hereto is a true, correct and complete list of (i) the name of each Account and (ii) the principal amount of Purchased Notes to be issued to such Account.

Appears in 3 contracts

Samples: Private Placement Purchase Agreement (New Mountain Finance Corp), Private Placement Purchase Agreement (New Mountain Finance Corp), Private Placement Purchase Agreement (New Mountain Finance Corp)

AutoNDA by SimpleDocs

Power and Authorization. Each of the The Undersigned and each Purchaser Holder is duly organized, validly existing and in good standing under the laws of its jurisdiction of formation, and the Undersigned has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder hereunder, and to consummate the PurchaseExchange contemplated hereby, in each case on behalf of itself and each AccountHolder. If the Undersigned is executing this Agreement on behalf of Accounts, (a) the Undersigned has all requisite discretionary and contractual authority to enter into this Agreement on behalf of, and bind, each Account, and (b) Exhibit A hereto is a true, correct and complete list of (i) the name of each Account and (ii) the principal amount of Purchased Notes to be issued to such Account’s Exchanged Notes.

Appears in 2 contracts

Samples: Exchange Agreement (Forest City Enterprises Inc), Exchange Agreement (Forest City Enterprises Inc)

Power and Authorization. Each of the Undersigned and each Purchaser Holder is duly organized, validly existing and in good standing under the laws of its jurisdiction of formation, and the . The Undersigned has the power, authority and capacity capacity, on behalf of itself and Each Holder, to execute and deliver this Agreement, to perform its obligations hereunder hereunder, and to consummate the Purchase, in each case on behalf of itself and each AccountTransactions. If the Undersigned is executing this Agreement on behalf of Accounts, (a) the Undersigned has all requisite discretionary and contractual authority to enter into this Agreement on behalf of, and bind, each Account, and (b) Exhibit A hereto is a true, correct and complete list of (i) the name of each Account or Holder, and (ii) the principal amount of Purchased Outstanding Notes owned by such Holder that is to be issued delivered for exchange pursuant to such Accountthis Agreement.

Appears in 2 contracts

Samples: Purchase Agreement (Marcus Corp), Purchase Agreement (Marcus Corp)

Power and Authorization. Each of the Undersigned and each Purchaser Holder is duly organized, validly existing and in good standing under the laws of its jurisdiction of formation, and the Undersigned has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder hereunder, and to consummate the PurchaseTransaction contemplated hereby, in each case on behalf of itself and each AccountHolder. If the Undersigned is executing this Agreement on behalf of Accounts, (a) the Undersigned has all requisite discretionary and contractual authority to enter into this Agreement on behalf of, and bind, each Account, and (b) Exhibit A hereto is a true, correct and complete list of (i) the name of each Account and (ii) the principal amount of Purchased Notes to be issued to such Account’s Purchased Notes.

Appears in 2 contracts

Samples: Purchase Agreement (Forest City Realty Trust, Inc.), Purchase Agreement (Forest City Realty Trust, Inc.)

Power and Authorization. Each of the Undersigned and each Purchaser the Holder is duly organized, validly existing and in good standing under the laws of its jurisdiction of formation, and the Undersigned has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder hereunder, and to consummate the PurchaseExchange contemplated hereby, in each case on behalf of itself and each AccountHolder. If the Undersigned is executing this Agreement on behalf of Accounts, (a) the Undersigned has all requisite discretionary and contractual authority to enter into this Agreement on behalf of, and bind, each Account, and (b) Exhibit A hereto is a true, correct and complete list of (i) the name of each Account and (ii) the principal amount of Purchased Notes to be issued to such Account’s Exchanged Notes.

Appears in 2 contracts

Samples: Exchange Agreement (Forest City Enterprises Inc), Exchange Agreement (Forest City Enterprises Inc)

Power and Authorization. Each of the Undersigned and each the Purchaser is duly organized, validly existing and in good standing under the laws of its jurisdiction of formation, and the Undersigned has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder hereunder, and to consummate the PurchasePurchase contemplated hereby, in each case on behalf of itself and each Account. If the Undersigned is executing this Agreement on behalf of Accounts, (a) the Undersigned has all requisite discretionary and contractual authority to enter into this Agreement on behalf of, and bind, each Account, and (b) Exhibit A hereto is a true, correct and complete list of (i) the name of each Account and (ii) the principal amount of Purchased Notes to be issued to such Account.

Appears in 1 contract

Samples: Private Placement Purchase Agreement (Amtrust Financial Services, Inc.)

AutoNDA by SimpleDocs

Power and Authorization. Each of the Undersigned and each Purchaser Holder is duly organized, validly existing and in good standing under the laws of its jurisdiction of formation, and the Undersigned has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder hereunder, and to consummate the Purchase, in each case on behalf of itself and each AccountTransactions. If the Undersigned is executing this Agreement on behalf of Accounts, (a) the Undersigned has all requisite discretionary and contractual authority to enter into this Agreement on behalf of, and bind, each AccountAccount listed as a Holder on Exhibit A, and (b) Exhibit A hereto is a true, correct and complete list of (i) the name of each Account and Account, (ii) the principal amount of Purchased such Account’s Outstanding Notes and (iii) the Consideration to be issued to such AccountAccount in respect of its Exchanged Notes.

Appears in 1 contract

Samples: Convertible Notes Exchange Agreement (Assertio Holdings, Inc.)

Power and Authorization. Each of the Undersigned and each Purchaser is duly organized, validly existing and in good standing under the laws of its jurisdiction of formation, and the Undersigned has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder hereunder, and to consummate the Purchase, in each case on behalf of itself and each Account. If the Undersigned is executing this Agreement on behalf of Accounts, (a) the Undersigned has all requisite discretionary and contractual authority to enter into this Agreement on behalf of, and bind, each Account, and (b) Exhibit A hereto is a true, correct and complete list of (i) the name of each Account and (ii) the principal amount of Purchased Notes to be issued to such Account.

Appears in 1 contract

Samples: Private Placement Purchase Agreement (PROS Holdings, Inc.)

Power and Authorization. Each of the Undersigned and each Purchaser is duly organized, validly existing and in good standing under the laws of its jurisdiction of formation, and the Undersigned has the power, authority and capacity to execute and deliver this Agreement, to perform its obligations hereunder hereunder, and to consummate the PurchasePurchase contemplated hereby, in each case on behalf of itself and each Account. If the Undersigned is executing this Agreement on behalf of Accounts, (a) the Undersigned has all requisite discretionary and contractual authority to enter into this Agreement on behalf of, and bind, each Account, and (b) Exhibit A hereto is a true, correct and complete list of (i) the name of each Account and (ii) the principal amount of Purchased Notes to be issued to such Account.

Appears in 1 contract

Samples: Private Placement Purchase Agreement (Amarin Corp Plc\uk)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!