Common use of Purchaser’s Authority Clause in Contracts

Purchaser’s Authority. Purchaser has all necessary corporate power and authority to enter into and perform this Agreement and to consummate the transactions contemplated hereby. The execution, delivery, and performance by Purchaser of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized and approved by all requisite corporate action and this Agreement has been duly executed and delivered by Purchaser.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Tidelands Oil & Gas Corp/Wa), Purchase and Sale Agreement (Tidelands Oil & Gas Corp/Wa)

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Purchaser’s Authority. Purchaser has all necessary corporate power and authority to enter into and perform this Agreement and to consummate the transactions contemplated hereby. The executionThis Agreement, delivery, and performance by Purchaser of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized and approved by all requisite corporate action and this Agreement has been duly when executed and delivered by Purchaser, will be a valid and binding obligation of Purchaser in accordance with its terms. Purchaser has the requisite power and authority to consummate the transaction contemplated herein.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Builders Transport Inc)

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Purchaser’s Authority. Purchaser has all necessary corporate the requisite power and authority to enter into acquire the Assets. The execution, delivery and perform performance of this Agreement by Purchaser have been duly and validly authorized by all necessary action and proceedings, and no further action or authorization is necessary on the part of Purchaser in order to consummate the transactions contemplated hereby. The execution, delivery, and performance by Purchaser of in this Agreement and the consummation of the transactions contemplated hereby have been duly authorized and approved by all requisite corporate action and this Agreement has been duly executed and delivered by PurchaserAgreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (New Senior Investment Group Inc.)

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