Authority, Approval and Enforceability. This Agreement has been duly executed and delivered by Buyer and Buyer has all requisite corporate power to execute and deliver this Agreement and all Collateral Agreements executed and delivered or to be executed and delivered by it in connection with the transactions provided for hereby, to consummate the transactions contemplated hereby and by the Collateral Agreements, and to perform its obligations hereunder and under the Collateral Agreements. The execution, delivery and performance by Buyer of this Agreement and the Collateral Agreements have been duly and validly authorized by proper corporate action (including all necessary shareholder approval). This Agreement and each Collateral Agreement to which Buyer is a party constitutes, or upon execution and delivery will constitute, the legal, valid and binding obligation of Buyer enforceable in accordance with its terms, except as such enforcement may be limited by general equitable principles or by applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws relating to or affecting the rights of creditors in general.
Appears in 7 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (CRH Medical Corp), Membership Interest Purchase Agreement (CRH Medical Corp)
Authority, Approval and Enforceability. This Agreement has been duly executed and delivered by Buyer and Buyer has all requisite corporate power and legal capacity to execute and deliver this Agreement and all Collateral Agreements executed and delivered or to be executed and delivered by it Buyer in connection with the transactions provided for hereby, to consummate the transactions contemplated hereby and by the Collateral Agreements, and to perform its obligations hereunder and under the Collateral Agreements. The execution, execution and delivery and performance by Buyer of this Agreement and the Collateral Agreements and the performance of the transactions contemplated hereby and thereby have been duly and validly authorized and approved by proper all corporate action (including all necessary shareholder approval)on behalf of Buyer. This Agreement and each Collateral Agreement to which Buyer is a party constitutes, or upon execution and delivery will constitute, the legal, valid and binding obligation of Buyer Buyer, enforceable in accordance with its terms, except as such enforcement may be limited by general equitable principles or by applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws relating and judicial decisions from time to or affecting the time in effect which affect creditors' rights of creditors in generalgenerally.
Appears in 6 contracts
Samples: Stock Purchase Agreement (Envision Development Corp /Fl/), Stock Purchase Agreement (Heico Corp), Asset Purchase Agreement (Naturade Inc)
Authority, Approval and Enforceability. This Agreement has been duly executed and delivered by Buyer the Seller and Buyer the Seller has all requisite corporate power and legal capacity to execute and deliver this Agreement and all Collateral Agreements executed and delivered or to be executed and delivered by it in connection with the transactions provided for hereby, to consummate the transactions contemplated hereby in this Agreement and by the Collateral Agreements, and to perform its Seller's obligations hereunder and under the Collateral Agreements. The executionexecution and delivery of, delivery and performance by Buyer of under, this Agreement and the Collateral Agreements have been duly and validly authorized by proper corporate action (including all necessary shareholder approval). This Agreement and each Collateral Agreement to which Buyer the Seller is a party constitutes, or upon execution and delivery will constitute, the legal, valid and binding obligation of Buyer Seller, enforceable in accordance with its terms, except as such enforcement may be limited by general equitable principles or by applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws relating and judicial decisions from time to or affecting the time in effect which affect creditors' rights of creditors in generalgenerally.
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