Common use of Authority and Consent Clause in Contracts

Authority and Consent. The execution, delivery and performance of this Agreement by TNCI has been duly authorized by its Board of Directors. This Agreement is valid and binding upon TNCI, and is enforceable against TNCI in accordance with its terms, subject to bankruptcy, reorganization, insolvency, fraudulent conveyance, moratorium, receivership or other similar laws relating to or affecting creditors' rights generally.

Appears in 4 contracts

Samples: Asset Purchase and Sale Agreement (Network Connection Inc), Asset Purchase and Sale Agreement (Interactive Flight Technologies Inc), Asset Purchase and Sale Agreement (Network Connection Inc)

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