Common use of Approval and Authorization Clause in Contracts

Approval and Authorization. The execution and delivery of this Agreement by Seller and the performance of the transactions contemplated herein have been duly and validly authorized by Seller, and this Agreement is a legal, valid and binding obligation of Seller, enforceable against Seller in accordance with its respective terms subject to bankruptcy, insolvency, reorganization, moratorium and similar laws of general application relating to or affecting creditor's rights and general equity principles.

Appears in 5 contracts

Samples: Asset Purchase Agreement (BeautyKind Holdings, Inc.), Agreement for the Purchase and Sale of Personal Goodwill, Escrow Agreement (Craftmade International Inc)

AutoNDA by SimpleDocs

Approval and Authorization. The execution and delivery of this Agreement by each Seller and the performance of the transactions contemplated herein have been duly and validly authorized by each Seller, and this Agreement is a legal, valid and binding obligation of each Seller, enforceable against Seller each of them in accordance with its respective terms subject to bankruptcy, insolvency, reorganization, moratorium and similar laws of general application relating to or affecting creditor's rights and general equity principles.

Appears in 1 contract

Samples: Goodwill Purchase Agreement (Carreker Corp)

Approval and Authorization. The execution and delivery of this Agreement by such Seller and the performance of the transactions contemplated herein have been duly and validly authorized by such Seller, and this Agreement is a legal, valid valid, and binding obligation of such Seller, enforceable against such Seller in accordance with its respective terms subject to bankruptcy, insolvency, reorganization, moratorium and similar laws of general application relating to or affecting creditor's creditors’ rights and general equity principlesprinciples (the “Enforceability Exceptions”).

Appears in 1 contract

Samples: Personal Goodwill Purchase and Sale Agreement (Ufp Technologies Inc)

Approval and Authorization. The execution and delivery of this Agreement by Seller and the performance of the transactions contemplated herein have been duly and validly authorized by Seller, and this Agreement is a legal, valid and binding obligation of Seller, enforceable against Seller each of them in accordance with its respective terms subject to bankruptcy, insolvency, reorganization, moratorium and similar laws of general application relating to or affecting creditor's rights and general equity principles.

Appears in 1 contract

Samples: Goodwill Purchase Agreement (Winsonic Digital Media Group LTD)

Approval and Authorization. The execution and delivery of this Agreement by the Seller and the performance of the transactions contemplated herein have been duly and validly authorized by the Seller, and this Agreement is a legal, valid and binding obligation of the Seller, enforceable against the Seller in accordance with its respective terms subject to bankruptcy, insolvency, reorganization, moratorium and similar laws of general application relating to or affecting creditor's creditors’ rights and general equity principles.

Appears in 1 contract

Samples: Agreement for the Purchase and Sale of Personal Goodwill (Ufp Technologies Inc)

AutoNDA by SimpleDocs

Approval and Authorization. The execution and delivery of this Agreement by Seller and the performance of the transactions contemplated herein have been duly and validly authorized by Seller, and this Agreement is a legal, valid and binding obligation of Seller, enforceable against Seller him in accordance with its respective terms subject to bankruptcy, insolvency, reorganization, moratorium and similar laws of general application relating to or affecting creditor's rights and general equity principles.

Appears in 1 contract

Samples: Goodwill Purchase Agreement (Winsonic Digital Media Group LTD)

Approval and Authorization. The execution and delivery of this Agreement by Seller and the performance of the transactions contemplated herein have been duly and validly authorized by Seller, and this Agreement is a legal, valid and binding obligation of Seller, enforceable against Seller in accordance with its respective terms subject to bankruptcy, insolvency, reorganization, moratorium and similar laws of general application relating to or affecting creditor's ’s rights and general equity principles.

Appears in 1 contract

Samples: Stock Purchase Agreement (Nexeo Solutions Holdings, LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.