Power, Authority; Valid Agreement Clause Samples
Power, Authority; Valid Agreement. (i) The undersigned has all requisite power and authority to execute, deliver and perform its obligations under this Subscription Agreement and, if applicable, to subscribe for and acquire the Units; (ii) the undersigned’s execution of this Subscription Agreement has been authorized by all necessary corporate or other action on the undersigned’s behalf; and (iii) this Subscription Agreement is valid, binding and enforceable against the undersigned in accordance with its respective terms.
Power, Authority; Valid Agreement. (i) You have all requisite power and authority to execute, deliver and perform your obligations under this Agreement and the Company Agreement and to subscribe for and purchase or otherwise acquire your Interests; (ii) your execution of this Agreement and the Company Agreement has been authorized by all necessary corporate or other action on your behalf; and (iii) this Agreement and the Company Agreement are each valid, binding and enforceable against you in accordance with their respective terms.
Power, Authority; Valid Agreement. (i) The Investor has all requisite power and authority to execute, deliver and perform the Investor’s obligations under this Agreement and to purchase the Investor’s Shares; (ii) the Investor’s execution of this Agreement has been authorized by all necessary action on the Investor’s behalf; and (iii) this Agreement is valid, binding and enforceable against the Investor in accordance with its terms.
Power, Authority; Valid Agreement. (i) Such party has all requisite power and authority to execute, deliver and perform its obligations under this Agreement and any other documents delivered in connection herewith; (ii) such party’s execution of this Agreement has been authorized by all necessary corporate or other action on its behalf; and (iii) this Agreement is valid, binding and enforceable against such party in accordance with its terms (subject to applicable bankruptcy, insolvency, moratorium or similar laws affecting creditors’ rights generally).
Power, Authority; Valid Agreement. (1) You have all requisite power and authority to execute, deliver and perform your duties and obligations under this Subscription Agreement and the Note Purchase Agreement and to subscribe for and purchase or otherwise acquire your Notes;
(2) Your entry into and execution of this Subscription Agreement and the Note Purchase Agreement has been authorized by all necessary corporate or other action on your behalf; and
(3) This Subscription Agreement and the Note Purchase Agreement are each valid, binding and enforceable against you in accordance with their respective terms.
Power, Authority; Valid Agreement. The Member has (i) all requisite power and authority to execute, deliver and perform the obligations of the Member under this Agreement and to subscribe for and purchase or otherwise acquire the Interest for which the Member is acquiring, (ii) the Member’s execution of this Agreement has been authorized by all necessary action on the Member’s behalf and (iii) this Agreement is valid, binding and enforceable against the Member in accordance with its terms.