Common use of Purchaser Authorization Clause in Contracts

Purchaser Authorization. The Purchaser, if not an individual, is empowered and duly authorized to enter into this Agreement under any governing document, partnership agreement, trust instrument, pension plan, charter, certificate of incorporation, bylaw provision or the like; this Agreement constitutes a valid and binding agreement of the Purchaser enforceable against the Purchaser in accordance with its terms; and the person signing this Agreement on behalf of the Purchaser is empowered and duly authorized to do so by the governing document or trust instrument, pension plan, charter, certificate of incorporation, bylaw provision, board of directors or stockholder resolution, or the like.

Appears in 28 contracts

Samples: Founders Common Stock Purchase Agreement (DeepPower, Inc.), Securities Purchase Agreement (Renewable Innovations, Inc.), Securities Purchase Agreement (Healthy Extracts Inc.)

AutoNDA by SimpleDocs

Purchaser Authorization. The Purchaser, if not an individual, Purchaser is empowered and duly authorized to enter into this Agreement under any governing document, partnership agreement, trust instrument, pension plan, charter, certificate of incorporation, bylaw provision or the like; this Agreement constitutes a valid and binding agreement of the Purchaser enforceable against the Purchaser in accordance with its terms; and the person signing this Agreement on behalf of the Purchaser is empowered and duly authorized to do so by the governing document or trust instrument, pension plan, charter, certificate of incorporation, bylaw provision, board of directors or stockholder resolution, or the like.

Appears in 4 contracts

Samples: Series a 1 Preferred Stock Purchase Agreement (TransBiotec, Inc.), Securities Purchase Agreement (Cubed, Inc.), Series D Convertible Preferred Stock Purchase Agreement (Biopack Environmental Solutions Inc.)

Purchaser Authorization. The Purchaser, if not an individual, Purchaser is empowered and duly authorized to enter into this Agreement, the Note, the Pledge and Security Agreement, and the Escrow Agreement under any governing document, partnership agreement, trust instrument, pension plan, charter, certificate of incorporation, bylaw provision or the like; this Agreement constitutes a valid and binding agreement of the Purchaser enforceable against the Purchaser in accordance with its terms; and the person signing this Agreement on behalf of the Purchaser is empowered and duly authorized to do so by the governing document or trust instrument, pension plan, charter, certificate of incorporation, bylaw provision, board of directors or stockholder resolution, or the like.

Appears in 2 contracts

Samples: Note Purchase Agreement (SearchCore, Inc.), Note and Stock Purchase Agreement (SearchCore, Inc.)

AutoNDA by SimpleDocs

Purchaser Authorization. The Such Purchaser, if not an individual, is empowered and duly authorized to enter into this Agreement under any governing document, partnership agreement, trust instrument, pension plan, charter, certificate of incorporation, bylaw provision or the like; this Agreement constitutes a valid and binding agreement of the Purchaser enforceable against the Purchaser in accordance with its terms; and the person signing this Agreement on behalf of the Purchaser is empowered and duly authorized to do so by the governing document or trust instrument, pension plan, charter, certificate of incorporation, bylaw provision, board of directors or stockholder resolution, or the like.

Appears in 1 contract

Samples: Securities Purchase Agreement (Nestbuilder.com Corp.)

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