Common use of Title to Common Shares to be Sold; All Authorizations Obtained Clause in Contracts

Title to Common Shares to be Sold; All Authorizations Obtained. Such Selling Stockholder has, and on the First Closing Date and the Second Closing Date (as defined below) will have, good and valid title to all of the Common Shares which may be sold by such Selling Stockholder pursuant to this Agreement on such date and the legal right and power, and all authorizations and approvals required by law [and under its charter or by-laws,] [partnership agreement,] [trust agreement] [or other organizational documents] to enter into this Agreement and its Custody Agreement and Power of Attorney, to sell, transfer and deliver all of the Common Shares which may be sold by such Selling Stockholder pursuant to this Agreement and to comply with its other obligations hereunder and thereunder.

Appears in 1 contract

Samples: Underwriting Agreement (Molina Healthcare Inc)

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Title to Common Shares to be Sold; All Authorizations Obtained. Such Selling Stockholder has, and on the First Closing Date and the Second Closing Date (as defined below) will have, good and valid title to all of the Common Shares which may be sold by such Selling Stockholder pursuant to this Agreement on such date and the legal right and power, and all authorizations and approvals required by law [and under its charter or by-laws,] [, partnership agreement,] [, trust agreement] [agreement or other organizational documents] , as applicable, to enter into this Agreement and its Custody Agreement and Power of Attorney, to sell, transfer and deliver all of the Common Shares which may be sold by such Selling Stockholder pursuant to this Agreement and to comply with its other obligations hereunder and thereunder.

Appears in 1 contract

Samples: Underwriting Agreement (Novatel Wireless Inc)

Title to Common Shares to be Sold; All Authorizations Obtained. Such Selling Stockholder has, and on the First Closing Date and the Second Closing Date (as defined below) will have, good and valid title to all of the Common Shares which may be sold by such Selling Stockholder pursuant to this Agreement on such date and the legal right and power, and all authorizations and approvals required by law [and under its charter or by-laws,] [, partnership agreement,] [, trust agreement] [agreement or other organizational documents] documents to enter into this Agreement and its Custody Agreement and Power of Attorney, to sell, transfer and deliver all of the Common Shares which may be sold by such Selling Stockholder pursuant to this Agreement and to comply with its other obligations hereunder and thereunder.

Appears in 1 contract

Samples: Underwriting Agreement (Gart Sports Co)

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Title to Common Shares to be Sold; All Authorizations Obtained. Such Selling Stockholder Shareholder has, and on the First Closing Date and the Second Closing Date (as defined below) will have, good and valid title to all of the Common Shares which may be sold by such Selling Stockholder Shareholder pursuant to this Agreement on such date and the legal right and power, and all authorizations and approvals required by law [and under its charter or by-laws,] [, partnership agreement,] [, trust agreement] [agreement or other organizational documents, as the case may be,] to enter into this Agreement and its such Selling Shareholder's Custody Agreement and Power of Attorney, to sell, transfer and deliver all of the Common Shares which may be sold by such Selling Stockholder Shareholder pursuant to this Agreement and to comply with its such Selling Shareholder's other obligations hereunder and thereunder.

Appears in 1 contract

Samples: Underwriting Agreement (Rent Way Inc)

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