Common use of Seller Authorization Clause in Contracts

Seller Authorization. (a) The execution, delivery and performance by Seller of this Agreement and the other Transaction Agreements to which it is or will be a party and the consummation of the transactions contemplated hereby and thereby are within the corporate power of Seller and have been duly authorized and approved by all necessary corporate action on the part of Seller and no other corporate or other organizational proceedings on the part of Seller are necessary to authorize the execution, delivery and performance of this Agreement and the other Transaction Agreements to which Seller is or will be a party.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (United States Steel Corp), Membership Interest Purchase Agreement (Fortress Transportation & Infrastructure Investors LLC)

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Seller Authorization. (a) The execution, execution and delivery by Seller and performance by Seller of this Agreement and the each other Transaction Agreements Agreement to which it is or will be a party and the consummation of the transactions contemplated hereby and thereby are within the Seller’s corporate power of Seller powers and have been duly authorized and approved by all necessary corporate action on the part of Seller and no other corporate or other organizational proceedings on the part of Seller are necessary to authorize the execution, delivery and performance of this Agreement and the other Transaction Agreements to which Seller is or will be a partySeller.

Appears in 1 contract

Samples: Stock Purchase Agreement (Masco Corp /De/)

Seller Authorization. (a) The execution, delivery and performance by Seller of this Agreement and the other Transaction Agreements to which it is or will be a party and the consummation of the transactions contemplated hereby and thereby are within the corporate power of Seller Seller’s powers and have been duly authorized and approved by all necessary corporate action on the part of Seller Seller. This Agreement constitutes a valid and no other corporate or other organizational proceedings on the part binding agreement of Seller are necessary to authorize the execution, delivery and performance of this Agreement and the other Transaction Agreements to which Seller is or will be a partySeller.

Appears in 1 contract

Samples: Purchase Agreement (Penn Virginia Resource Partners L P)

Seller Authorization. (a) The execution, delivery and performance by Seller of this Agreement and the other Transaction Agreements to which it is or will be a party and the consummation of the transactions contemplated hereby and thereby herein are within the Seller’s corporate power of Seller or other similar organizational powers and have been duly authorized and approved by all necessary corporate or other similar organizational action on the part of Seller Seller. Assuming due and no other corporate or other organizational proceedings on the part of Seller are necessary to authorize the executionvalid execution by Buyer, delivery and performance of this Agreement constitutes a valid and the other Transaction Agreements to which binding agreement of Seller, enforceable against Seller is or will be a partyin accordance with its terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Kinnate Biopharma Inc.)

Seller Authorization. (a) The execution, delivery and performance by Seller of this Agreement and the each other Transaction Agreements Agreement to which it is or will be a party and the consummation of the transactions contemplated hereby and thereby are within the Seller’s corporate power of Seller powers and have been duly authorized and approved by all necessary corporate action on the part of Seller and no other corporate or other organizational proceedings on the part of Seller are necessary to authorize the execution, delivery and performance of this Agreement and the other Transaction Agreements to which Seller is or will be a partySeller.

Appears in 1 contract

Samples: Stock Purchase Agreement (Verisk Analytics, Inc.)

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Seller Authorization. (a) The execution, delivery and performance by Seller of this Agreement and the each other Transaction Agreements Agreement to which it Seller is or will be a party and the consummation of the transactions contemplated hereby and thereby are within the Seller’s corporate power of Seller powers and have been duly authorized and approved by all necessary corporate action on the part of Seller and no other corporate or other organizational proceedings on the part of Seller are necessary to authorize the execution, delivery and performance of this Agreement and the other Transaction Agreements to which Seller is or will be a partySeller.

Appears in 1 contract

Samples: Equity Purchase Agreement (Verisk Analytics, Inc.)

Seller Authorization. (a) The execution, delivery and performance by Seller of this Agreement and each of the other Transaction Ancillary Agreements to which it Seller is or will be a party party, and the consummation by Seller of the transactions contemplated hereby and thereby are within the Seller’s corporate power of Seller powers and have been duly authorized and approved by all necessary corporate action on the part of Seller and no other corporate or other organizational proceedings on the part of Seller are necessary to authorize the execution, delivery and performance Seller. Each of this Agreement and the other Transaction Agreements each Ancillary Agreement to which Seller is or will be a partyparty has been duly executed and delivered by Seller and constitutes a valid and binding agreement of Seller enforceable in accordance with its terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Bankrate Inc)

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