Common use of Authority; Binding Agreement Clause in Contracts

Authority; Binding Agreement. Purchaser has full corporate power and authority to execute and deliver this Agreement and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Purchaser and, assuming the due authorization, execution and delivery hereof by Compost, constitutes a valid and legally binding agreement of Purchaser and is enforceable against Purchaser in accordance with its terms.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Compost America Holding Co Inc), Stock Purchase Agreement (Synagro Technologies Inc), Stock Purchase Agreement (Compost America Holding Co Inc)

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Authority; Binding Agreement. Purchaser represents and warrants to, and covenants with, Company that (i) Purchaser has full corporate power right, power, authority, and authority capacity to execute and deliver enter into this Agreement and to consummate the transactions contemplated hereby. This Agreement hereby and has been duly executed taken all necessary action to authorize the execution, delivery, and delivered by the Purchaser performance of this Agreement, and, assuming the due authorization, execution and delivery hereof by Compost, constitutes a valid and legally binding agreement of Purchaser and is enforceable against Purchaser in accordance with its terms.

Appears in 2 contracts

Samples: Note Purchase Agreement, Note Purchase Agreement

Authority; Binding Agreement. The Purchaser has the full corporate legal right, power and authority to execute and deliver this Agreement enter into and to consummate the transactions contemplated herebyperform this Agreement. This Agreement has been duly executed and delivered by constitutes the Purchaser and, assuming the due authorization, execution and delivery hereof by Compost, constitutes a Purchaser’s valid and legally binding agreement of Purchaser and is obligation, enforceable against the Purchaser in accordance with its terms.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Your Internet Defender, Inc), Stock Purchase Agreement (AMHN, Inc.)

Authority; Binding Agreement. The Purchaser represents and warrants to, and covenants with the Company that (i) the Purchaser has full corporate power right, power, authority and authority capacity to execute and deliver enter into this Agreement and to consummate the transactions contemplated hereby. This hereby and has taken all necessary action to authorize the execution, delivery, and performance of this Agreement, and (ii) this Agreement has been duly executed and delivered by the Purchaser and, assuming the due authorization, execution and delivery hereof by Compost, constitutes a valid and legally binding agreement obligation of the Purchaser and is enforceable against the Purchaser in accordance with its termsthe terms of this Agreement, except as enforceability may be limited by applicable law.

Appears in 2 contracts

Samples: Note Purchase Agreement, Note Purchase Agreement

Authority; Binding Agreement. The Purchaser has full corporate the requisite power and authority to execute execute, deliver and deliver perform this Agreement and to consummate the transactions contemplated hereby. This Agreement has been duly and validly executed and delivered by the Purchaser andand constitutes the legal and binding obligation thereof, assuming the due authorization, execution and delivery hereof by Compost, constitutes a valid and legally binding agreement of Purchaser and is enforceable against the Purchaser in accordance with its terms.

Appears in 1 contract

Samples: Option Agreement (Mazal Resources B.V.)

Authority; Binding Agreement. Purchaser has full corporate power and authority to execute and deliver this Agreement and to consummate the transactions contemplated herebyperform its obligations hereunder. This Agreement has been duly authorized, executed and delivered by the Purchaser and, assuming the due authorization, execution and delivery hereof by Compost, constitutes a valid and legally binding agreement of Purchaser and is its valid and binding obligation, enforceable against Purchaser it in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and other laws of general applicability relating to or affecting creditors’ rights and to general equitable principles.

Appears in 1 contract

Samples: Asset Purchase Agreement (Telular Corp)

Authority; Binding Agreement. Purchaser Buyer has full corporate power and authority to execute execute, deliver and deliver perform its obligations under this Agreement and to consummate carry out the transactions contemplated hereby. All necessary actions with respect to Buyer to authorize and approve the execution, delivery and performance of this Agreement and the transactions contemplated hereby have been taken and remain in full force and effect. This Agreement has been duly executed and delivered by is the Purchaser andlegal, assuming the due authorization, execution and delivery hereof by Compost, constitutes a valid and legally binding agreement obligation of Purchaser and is Buyer, enforceable against Purchaser Buyer in accordance with its terms, except to the extent enforceability may be limited by Enforcement Limitations.

Appears in 1 contract

Samples: Asset Purchase Agreement (Novoste Corp /Fl/)

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Authority; Binding Agreement. The Purchaser has full corporate power and authority to execute and deliver this Agreement and to consummate the transactions contemplated herebyTransactions. This Agreement has been duly executed and delivered by the Purchaser and, assuming the due authorization, execution and delivery hereof by Compostthe Seller, constitutes a valid and legally binding agreement of the Purchaser and is enforceable against the Purchaser in accordance with its terms, except that such enforcement may be subject to bankruptcy, insolvency, reorganization or other similar laws affecting or relating to enforcement of creditors’ rights generally.

Appears in 1 contract

Samples: Asset Purchase Agreement (Hammonds Industries, Inc.)

Authority; Binding Agreement. The Purchaser has full corporate power and authority to execute and deliver this Agreement and to consummate the Purchase Transaction and all transactions contemplated hereby. This Agreement has been duly executed and delivered by the Purchaser and, assuming the due authorization, execution and delivery hereof by Compost, constitutes a valid and legally binding agreement of Purchaser and is enforceable against Purchaser in accordance with its termsthe Purchaser.

Appears in 1 contract

Samples: Stock Purchase Agreement (American International Industries Inc)

Authority; Binding Agreement. Purchaser has full corporate power and authority to execute and deliver this Agreement and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Purchaser and, assuming the due authorization, execution and delivery hereof by Compostthe Shareholders, constitutes a valid and legally binding agreement of Purchaser and is enforceable against Purchaser in accordance with its terms, except that such enforcement may be subject to bankruptcy, insolvency, reorganization or other similar laws affecting or relating to enforcement of creditors' rights generally.

Appears in 1 contract

Samples: Stock Purchase Agreement (Synagro Technologies Inc)

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