Authorization of Purchase Sample Clauses

Authorization of Purchase. The execution and delivery of this Agreement and the consummation of the Purchase have been validly authorized by the Vendor.

Authorization of Purchase. The execution and delivery of this Agreement and the consummation of the Purchase have been duly and validly authorized by the Purchaser and the Parent and no other corporate proceedings on the part of the Purchaser or the Parent are necessary to authorize this Agreement.

Authorization of Purchase. (a) If the Purchaser is an entity of the kind set forth in Appendix A, then (i) it is duly organized, formed or incorporated, as the case may be, and validly existing and in good standing, under the laws of the Purchaser’s jurisdiction of organization, formation or incorporation set forth in Appendix A, and (ii) the Purchaser has all requisite power and authority to execute, deliver and perform the Purchaser’s obligations under this Subscription Agreement and the Partnership Agreement, and to subscribe for and purchase an Interest hereunder. The individual or individuals signing this Subscription Agreement and giving these warranties, as the case may be, on behalf of the Purchaser have been duly authorized by the Purchaser to do so and their execution of this Subscription Agreement (and the Purchaser’s Side letter) is sufficient (by itself without the additional consent of any person not listed on the signature pages hereto) to constitute legal, valid and binding obligations of the Purchaser in accordance with the applicable laws and by-laws of the Purchaser, and this Subscription Agreement is, upon acceptance by the General Partner, and the Partnership Agreement will be, the Purchaser’s legal, valid and binding obligations, enforceable against the Purchaser in accordance with their respective terms save as such terms are modified by operation of law, principles of equity or bankruptcy. (b) If the Purchaser is an individual, then he/she has all requisite legal capacity to acquire and hold the Interests and to execute, deliver and comply with the terms of each of the documents required to be executed and delivered by him/her in connection with his/her investment in the Fund. This Subscription Agreement is, upon acceptance by the General Partner, and the Partnership Agreement will be, his/her legal, valid and binding obligation, enforceable against him/her in accordance with their respective terms save as such terms are modified by operation of law, principles of equity or bankruptcy. Each of consent, approval, order, registration, qualification, designation, declaration, and filing with, any governmental or regulatory authority or other person (to the extent applicable) in any jurisdiction that will be required in connection with the execution, delivery and performance of this Subscription Agreement and the consummation of the transactions contemplated hereby or thereby, has been obtained by the Purchaser and remains in full force and effect. The execution ...

Authorization of Purchase. If such Vendor is a corporate entity, the execution and delivery of this Agreement and the consummation of the Purchase have been duly and validly authorized by all necessary corporate actions on the part of such Vendor.

Authorization of Purchase. The execution and delivery of this Agreement and the consummation of the Transaction: (a) have been duly and validly authorized by all necessary corporate action on the part of each member of the Purchaser and no other corporate proceedings on the part of each member of the Purchaser are necessary to authorize this Agreement or the Purchase, and (b) do not (or would not with the giving of notice, the passage of time or the happening of any other event or circumstance) result in a breach or a violation of, or conflict with, or allow any other Person to exercise any rights under, any of the Purchaser’s constating documents, shareholders’ agreements, resolutions of its board of directors or shareholders, or contracts by which it is bound.

Authorization of Purchase. If (a) the Purchaser is an entity of the kind set forth in Appendix A, then (i) it is duly organized, formed or incorporated, as the case may be, and validly existing and in good standing, under the laws of the Purchaser’s jurisdiction of organization, formation or incorporation set forth in Appendix A, and (ii) the Purchaser has all requisite power and authority to execute, deliver and perform the Purchaser’s obligations under this Subscription Agreement and the Partnership Agreement, and to subscribe for and purchase an Interest hereunder. The individual or individuals signing this Subscription Agreement and giving these warranties, as the case may be, on its behalf have been duly authorized by it to do so and this Subscription Agreement is, upon acceptance by the General Partner, and the Partnership Agreement will be, its legal, valid and binding obligations, enforceable against it in accordance with their respective terms save as such terms are modified by operation of law, principles of equity or bankruptcy; or

Authorization of Purchase. If a member dissociates from the company, the dissociating member must vote the member’s ownership shares in favor of authorizing the company to purchase the shares if requested to do so by members holding a majority of the ownership shares exclusive of those held by the dissociating member. In addition, if a member tenders all or part of the member’s interest for sale to the company, the tendering member must vote all of the ownership shares held by the member in favor of authorizing the company to purchase the tendered shares if requested to do so by members holding a majority of the ownership shares exclusive of those interest held by the tendering member. These obligations are specifically enforceable in equity, and all of the members acknowledge that the other members may lack an adequate remedy at law if the obligations are breached by a dissociating or transferring member.

Authorization of Purchase. Except for the flood warning system to be installed, the Engineer may purchase any engineering, testing, surveying and other equipment, literature, computer programs and vehicles required for performance of its Services. The Client will purchase the flood warning system equipment.

Authorization of Purchase. The execution and delivery of this Agreement and the consummation of the transactions set forth in this Agreement have been duly and validly authorized by BOSCom and no other corporate proceedings or approvals on the part of BOSCom are necessary to authorize this Agreement.