Common use of Authority; No Violation Clause in Contracts

Authority; No Violation. (a) The Company has full corporate power and authority to execute and deliver this Agreement and, subject to receipt of stockholder approval, to consummate the transactions contemplated hereby. The Board of Directors of the Company has directed that this Agreement and the transactions contemplated hereby be submitted to the Company’s stockholders for approval at the Company Stockholders Meeting. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of the Company. Other than the Company Stockholders Meeting, no other corporate proceedings on the part of the Company are necessary to approve this Agreement or to consummate the transactions contemplated hereby. This Agreement has been duly and validly executed and delivered by the Company and (assuming due authorization, execution and delivery by Parent and Merger Sub of this Agreement) will constitute valid and binding obligations of the Company, enforceable against the Company in accordance with its terms, except as enforcement may be limited by general principles of equity whether applied in a court of law or a court of equity and by bankruptcy, insolvency and similar laws affecting creditors’ rights and remedies generally.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Unify Corp), Agreement and Plan of Merger (Warp Technology Holdings Inc), Agreement and Plan of Merger (Warp Technology Holdings Inc)

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Authority; No Violation. (a) The Company has full corporate power and authority to execute and deliver this Agreement and, subject to receipt of stockholder approval, and to consummate the transactions contemplated hereby. The Board of Directors of the Company has directed that this Agreement and the transactions contemplated hereby be submitted to the Company’s stockholders for approval at the Company Stockholders Meeting. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of the Company. Other than The Board of Directors of the Company Stockholders Meetinghas directed that this Agreement and the transactions contemplated hereby be submitted to the Company’s shareholders for approval and adoption at a meeting of such shareholders and, except for the approval and adoption of this Agreement by the requisite vote of the Company’s shareholders, no other corporate proceedings on the part of the Company are necessary to approve this Agreement or and to consummate the transactions contemplated hereby. This Agreement has been duly and validly executed and delivered by the Company and (assuming due authorization, execution and delivery by Parent and Merger Sub of Parent) this Agreement) will constitute Agreement constitutes a valid and binding obligations obligation of the Company, enforceable against the Company in accordance with its terms, except as enforcement may be limited by general principles of equity whether applied in a court of law or a court of equity and by bankruptcy, insolvency and similar laws affecting creditors’ rights and remedies generally.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Tower Bancorp Inc), Agreement and Plan of Merger (Abington Bancorp, Inc./Pa), Agreement and Plan of Merger (Susquehanna Bancshares Inc)

Authority; No Violation. (a) The Company has full corporate power and authority to execute and deliver this Agreement and, subject to receipt of stockholder approval, and to consummate the transactions contemplated hereby. The Board of Directors of the Company has directed that this Agreement and the transactions contemplated hereby be submitted to the Company’s stockholders for approval at the Company Stockholders Meeting. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of the Company. Other than The Board of Directors of the Company Stockholders Meetinghas directed that this Agreement and the transactions contemplated hereby be submitted to the Company’s shareholders for approval at a meeting of such shareholders and, except for the adoption of this Agreement by the requisite vote of the Company’s shareholders, no other corporate proceedings on the part of the Company are necessary to approve this Agreement or and to consummate the transactions contemplated hereby. This Agreement has been duly and validly executed and delivered by the Company and (assuming due authorization, execution and delivery by Parent and Merger Sub of Parent) this Agreement) will constitute Agreement constitutes a valid and binding obligations obligation of the Company, enforceable against the Company in accordance with its terms, except as enforcement may be limited by general principles of equity whether applied in a court of law or a court of equity and by bankruptcy, insolvency and similar laws affecting creditors’ rights and remedies generally.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Susquehanna Bancshares Inc), Agreement and Plan of Merger (Susquehanna Bancshares Inc)

Authority; No Violation. (a) The Company has full corporate power and authority to execute and deliver this Agreement and, subject to receipt the approval of stockholder approvalthis Agreement by the Required Company Vote, to consummate the transactions contemplated hereby. The Board of Directors of the Company has directed that this Agreement and the transactions contemplated hereby be submitted to the Company’s stockholders for approval at the Company Stockholders Meeting. The execution and delivery of this Agreement and the consummation by the Company of the transactions contemplated hereby have been duly and validly approved by the Board of Directors all necessary corporate action of the Company. Other than the Company Stockholders Meeting, and no other corporate and no shareholder proceedings (subject, in the case of the consummation of the Merger, to the approval of this Agreement by the Required Company Vote) on the part of the Company are necessary to approve this Agreement or to consummate the transactions contemplated hereby. This Agreement has been duly and validly executed and delivered by the Company and (assuming due authorization, execution and delivery by Parent and Merger Sub of this AgreementSub) will constitute constitutes a valid and binding obligations obligation of the Company, enforceable against the Company in accordance with its terms, except as enforcement may be limited by general principles of equity whether applied in a court of law or a court of equity and by bankruptcy, insolvency and similar laws affecting creditors’ rights and remedies generally.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Commerce Bancorp Inc /Nj/), Agreement and Plan of Merger (Toronto Dominion Bank)

Authority; No Violation. (a) The Company has full corporate power and authority to execute and deliver this Agreement and, subject to receipt of stockholder approval, and to consummate the transactions contemplated hereby. The Board of Directors of the Company has directed that this Agreement and the transactions contemplated hereby be submitted to the Company’s stockholders for approval at the Company Stockholders Meeting. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of the Company. Other than The Board of Directors of the Company Stockholders Meetinghas directed that this Agreement and the transactions contemplated hereby be submitted to the Company's stockholders for approval at a meeting of such stockholders and, except for the adoption of this Agreement by the requisite vote of the Company's stockholders, no other corporate proceedings on the part of the Company are necessary to approve this Agreement or and to consummate the transactions contemplated hereby. This Agreement has been duly and validly executed and delivered by the Company and (assuming due authorization, execution and delivery by Parent and Merger Sub of Parent) this Agreement) will constitute Agreement constitutes a valid and binding obligations obligation of the Company, enforceable against the Company in accordance with its terms, except as enforcement may be limited by general principles of equity whether applied in a court of law or a court of equity and by bankruptcy, insolvency and similar laws affecting creditors' rights and remedies generally.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (South Financial Group Inc), Agreement and Plan of Merger (Gulf West Banks Inc)

Authority; No Violation. (a) The Company has full corporate power and authority to execute and deliver this Agreement and, subject to receipt of stockholder approval, and to consummate the transactions contemplated hereby. The Board of Directors of the Company has directed that this Agreement and the transactions contemplated hereby be submitted to the Company’s stockholders for approval at the Company Stockholders Meeting. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of the Company. Other than The Board of Directors of the Company Stockholders Meetinghas directed that this Agreement and the transactions contemplated hereby be submitted to the Company’s shareholders for approval and adoption at a meeting of such shareholders and, except for the approval and adoption of this Agreement by the requisite vote of the Company’s shareholders, no other corporate proceedings on the part of the Company are necessary to approve and adopt this Agreement or and to consummate the transactions contemplated herebyMerger. This Agreement has been duly and validly executed and delivered by the Company and (assuming due authorization, execution and delivery by Parent and Merger Sub of Parent) this Agreement) will constitute Agreement constitutes a valid and binding obligations obligation of the Company, enforceable against the Company in accordance with its terms, except as enforcement may be limited by general principles of equity whether applied in a court of law or a court of equity and by bankruptcy, insolvency insolvency, receivership and similar laws affecting creditors’ rights and remedies generally.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Pennsylvania Commerce Bancorp Inc), Agreement and Plan of Merger (Republic First Bancorp Inc)

Authority; No Violation. (a) The Company has full corporate power and authority to execute and deliver this Agreement and, subject to receipt the adoption of stockholder approvalthis Agreement by the Required Company Vote (as defined in Section 4.12(b)), to consummate the transactions contemplated hereby. The Board of Directors of the Company has directed that by this Agreement and the transactions contemplated hereby be submitted to the Company’s stockholders for approval at the Company Stockholders MeetingAgreement. The execution and delivery of this Agreement and the consummation by the Company of the transactions contemplated hereby by this Agreement have been duly and validly approved by the Board of Directors all necessary corporate and stockholder action of the Company. Other than Company (subject, in the case of the consummation of the Merger, to the adoption of this Agreement by the Required Company Stockholders MeetingVote), and no other corporate or stockholder proceedings on the part of the Company are necessary to approve this Agreement or to consummate the transactions contemplated herebyby this Agreement. This Agreement has been duly and validly executed and delivered by the Company and (assuming due authorization, execution and delivery by Parent the other parties hereto and Merger Sub of this Agreementthereto) will constitute constitutes a valid and binding obligations obligation of the Company, enforceable against the Company in accordance with its terms, except as enforcement may be limited by general principles of equity whether applied in a court of law or a court of equity and by bankruptcy, insolvency and similar laws affecting creditors’ rights and remedies generally.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (As Seen on TV, Inc.), Agreement and Plan of Merger (Ediets Com Inc)

Authority; No Violation. (a) The Company Buyer has full corporate power and authority to execute and deliver this Agreement and, subject to receipt of stockholder approval, and to consummate the transactions contemplated hereby. The Board of Directors of the Company has directed that this Agreement and the transactions contemplated hereby be submitted to the Company’s stockholders for approval at the Company Stockholders Meeting. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of Buyer. The Board of Directors of Buyer has directed that this Agreement and the Company. Other than transactions contemplated hereby be submitted to Buyer's stockholders for approval at a meeting of such stockholders and, except for the Company Stockholders Meetingadoption of this Agreement by the requisite vote of Buyer's stockholders, no other corporate proceedings on the part of the Company Buyer are necessary to approve this Agreement or to consummate the transactions contemplated hereby. This Agreement has been duly and validly executed and delivered by the Company Buyer and (assuming due authorization, execution and delivery by Parent and Merger Sub of this Agreementthe Company) will constitute constitutes a valid and binding obligations obligation of the CompanyBuyer, enforceable against the Company Buyer in accordance with its terms, except as enforcement may be limited by general principles of equity whether applied in a court of law or a court of equity and by bankruptcy, insolvency and similar laws affecting creditors' rights and remedies generally.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Provident Bankshares Corp), Agreement and Plan of Merger (First Citizens Financial Corp)

Authority; No Violation. (a) The Company has full corporate power and authority to execute and deliver this Agreement and, subject to receipt of stockholder approval, and to consummate the transactions contemplated hereby. The Board of Directors of the Company has directed that this Agreement and the transactions contemplated hereby be submitted to the Company’s stockholders for approval at the Company Stockholders Meeting. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of the Company. Other than The Board of Directors of the Company Stockholders Meetinghas directed that this Agreement and the transactions contemplated hereby be submitted to the Company's stockholders for approval at a meeting of such stockholders and, except for the adoption of this Agreement by the requisite vote of the Company's stockholders, no other corporate proceedings on the part of the Company are necessary to approve this Agreement or and to consummate the transactions contemplated hereby. This Agreement has been duly and validly executed and delivered by the Company and (assuming due authorization, execution and delivery by Parent and Merger Sub of this AgreementBuyer) will constitute constitutes a valid and binding obligations obligation of the Company, enforceable against the Company in accordance with its terms, except as enforcement may be limited by general principles of equity whether applied in a court of law or a court of equity and by bankruptcy, insolvency and similar laws affecting creditors' rights and remedies generally.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (First Citizens Financial Corp), Agreement and Plan of Merger (Provident Bankshares Corp)

Authority; No Violation. (a) The Company Buyer has full corporate power and ----------------------- authority to execute and deliver this Agreement and, subject to receipt of stockholder approval, and to consummate the transactions contemplated hereby. The Board of Directors of the Company has directed that this Agreement and the transactions contemplated hereby be submitted to the Company’s stockholders for approval at the Company Stockholders Meeting. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of Buyer. The Board of Directors of Buyer has directed that this Agreement and the Company. Other than transactions contemplated hereby be submitted to Buyer's stockholders for approval at a meeting of such stockholders and, except for the Company Stockholders Meetingadoption of this Agreement by the requisite vote of Buyer's stockholders, no other corporate proceedings on the part of the Company Buyer are necessary to approve this Agreement or and to consummate the transactions contemplated hereby. This Agreement has been duly and validly executed and delivered by the Company Buyer and (assuming due authorization, execution and delivery by Parent and Merger Sub of the Company) this Agreement) will constitute Agreement constitutes a valid and binding obligations obligation of the CompanyBuyer, enforceable against the Company Buyer in accordance with its terms, except as enforcement may be limited by general principles of equity whether applied in a court of law or a court of equity and by bankruptcy, insolvency and similar laws affecting creditors' rights and remedies generally.

Appears in 1 contract

Samples: Agreement and Plan of Merger (New York Bancorp Inc)

Authority; No Violation. (a) The Company has full corporate power and authority to execute and deliver this Agreement and, subject to receipt the approval of stockholder approvalthis Agreement by the Required Company Vote (as defined in Section 4.12(b)), to consummate the transactions contemplated hereby. The Board of Directors of the Company has directed that this Agreement and the transactions contemplated hereby be submitted to the Company’s stockholders for approval at the Company Stockholders Meeting. The execution and delivery of this Agreement and the consummation by the Company of the transactions contemplated hereby have been duly and validly approved by the Board of Directors all necessary corporate and stockholder action of the Company. Other than the Company Stockholders Meeting, and no other corporate or stockholder proceedings on the part of the Company (subject, in the case of the consummation of the Merger, to the approval of this Agreement by the Required Company Vote) are necessary to approve this Agreement or to consummate the transactions contemplated hereby. This Agreement has been duly and validly executed and delivered by the Company and (assuming due authorization, execution and delivery by Parent and Merger Sub of this AgreementAcquiror) will constitute constitutes a valid and binding obligations obligation of the Company, enforceable against the Company in accordance with its terms, except as enforcement may be limited by general principles of equity whether applied in a court of law or a court of equity and by bankruptcy, insolvency and similar laws affecting creditors’ rights and remedies generally.

Appears in 1 contract

Samples: Agreement and Plan of Merger (People's United Financial, Inc.)

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Authority; No Violation. (a) The Company has full corporate power and authority to execute and deliver this Agreement and, subject to receipt the required approval of stockholder approvalthis Agreement by the shareholders of the Company, to consummate the transactions contemplated hereby. The Board of Directors of the Company has directed that this Agreement and the transactions contemplated hereby be submitted to the Company’s stockholders for approval at the Company Stockholders Meeting. The execution and delivery of this Agreement and the consummation by the Company of the transactions contemplated hereby have been duly and validly approved by the Board of Directors all necessary corporate action of the Company. Other than the Company Stockholders Meeting, and no other corporate and no shareholder proceedings (subject, in the case of the consummation of the Merger, to the required approval of this Agreement by the shareholders of the Company) on the part of the Company are necessary to approve this Agreement or to consummate the transactions contemplated hereby. This Agreement has been duly and validly executed and delivered by the Company and (assuming due authorization, execution and delivery by Parent and Merger Sub of this AgreementSub) will constitute constitutes a valid and binding obligations obligation of the Company, enforceable against the Company in accordance with its terms, except as enforcement may be limited by general principles of equity whether applied in a court of law or a court of equity and by bankruptcy, insolvency and similar laws affecting creditors’ rights and remedies generally.

Appears in 1 contract

Samples: Agreement and Plan of Merger (South Financial Group Inc)

Authority; No Violation. (a) The Company has full corporate power and authority to execute and deliver this Agreement and, subject to receipt the approval of stockholder approvalthis Agreement by the Required Company Vote (as defined in Section 4.12(b)), to consummate the transactions contemplated hereby. The Board of Directors of the Company has directed that this Agreement and the transactions contemplated hereby be submitted to the Company’s stockholders for approval at the Company Stockholders Meeting. The execution and delivery of this Agreement and the consummation by the Company of the transactions contemplated hereby have been duly and validly approved by the Board of Directors all necessary corporate and stockholder action of the Company. Other than the Company Stockholders Meeting, and no other corporate or stockholder proceedings on the part of the Company (subject, in the case of the consummation of the Merger, to the approval of this Agreement by the Required Company Vote) are necessary to approve this Agreement or to consummate the transactions contemplated hereby. This Agreement has been duly and validly executed and delivered by the Company and (assuming due authorization, execution and delivery by Parent and Merger Sub of this AgreementAcquiror) will constitute constitutes a valid and binding obligations obligation of the Company, enforceable against the Company in accordance with its terms, except as enforcement may be limited by general principles of equity whether applied in a court of law or a court of equity and by bankruptcy, insolvency and similar laws affecting creditors' rights and remedies generally.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Financial Federal Corp)

Authority; No Violation. (a) The Company Public has full corporate power and ----------------------- authority to execute and deliver this Agreement and, subject to receipt of stockholder approval, and to consummate the transactions contemplated hereby. The Board of Directors of the Company has directed that this Agreement and the transactions contemplated hereby be submitted to the Company’s stockholders for approval at the Company Stockholders Meeting. The execution and delivery of this Agreement and the consummation of the Merger and the other transactions contemplated hereby by this Agreement have been duly and validly approved by the Board of Directors of Public and, subject only to (ii) the Company. Other than approval of the Company Stockholders Meetingissuance of Public Common Stock in connection with the Merger as required by the applicable rules of Nasdaq (the "Required Public Vote"), no other corporate proceedings on the part of the Company Public or its respective stockholders are necessary to approve this Agreement or and to consummate the Merger and the other transactions contemplated hereby. This Agreement has been duly and validly executed and delivered by the Company Public and (assuming due authorization, execution and delivery by Parent and Merger Sub of the Company) this Agreement) will constitute Agreement constitutes a valid and binding obligations obligation of the CompanyPublic, enforceable against the Company it in accordance with its terms, except as enforcement may be limited by general principles of equity whether applied in a court of law or a court of equity and by bankruptcy, insolvency and similar laws affecting creditors' rights and remedies generally.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ipcs Inc)

Authority; No Violation. (a) The Company has full corporate power and authority to execute and deliver this Agreement and, subject to receipt of stockholder approval, and to consummate the transactions contemplated hereby. The Board of Directors of the Company has directed that this Agreement and the transactions contemplated hereby be submitted to the Company’s stockholders for approval at the Company Stockholders Meeting. The execution and delivery of this Agreement and the consummation by the Company of the transactions contemplated hereby by this Agreement have been duly and validly approved authorized by all requisite corporate action on the part of the Company and, except for the approval of the adoption of this Agreement by the Board of Directors vote or consent of the Company. Other than Shareholder of the Company Stockholders Meetingrequired by the Company's Certificate or Articles of Incorporation and Bylaws and the filing of the Certificate of Merger, no other corporate proceedings on the part of the Company are necessary to approve this Agreement or and to consummate the transactions contemplated hereby. This Agreement has been duly and validly executed and delivered by the Company and (assuming the due authorization, execution and delivery by Parent and Merger Sub of this AgreementSub) will constitute constitutes a valid and binding obligations obligation of the Company, enforceable against the Company in accordance with its terms, except subject to the effect of any applicable bankruptcy, reorganization, insolvency (including, without limitation, all laws relating to fraudulent transfers), moratorium or similar laws affecting creditors' rights and remedies generally and subject, as enforcement may be limited by to enforceability, to the effect of general principles of equity (regardless of whether applied such enforceability is considered in a court of law proceeding in equity or a court of equity and by bankruptcy, insolvency and similar laws affecting creditors’ rights and remedies generallyat law).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Perficient Inc)

Authority; No Violation. (a) The Company has full corporate power and authority to execute and deliver this Agreement and, subject to receipt of stockholder approval, to consummate the transactions contemplated hereby. The Board of Directors of the Company has directed that this Agreement and the transactions contemplated hereby be submitted to the Company’s 's stockholders for approval at the Company Stockholders Meeting. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of the Company. Other than the Company Stockholders Meeting, no other corporate proceedings on the part of the Company are necessary to approve this Agreement or to consummate the transactions contemplated hereby. This Agreement has been duly and validly executed and delivered by the Company and (assuming due authorization, execution and delivery by Parent and Merger Sub of this Agreement) will constitute valid and binding obligations of the Company, enforceable against the Company in accordance with its terms, except as enforcement may be limited by general principles of equity whether applied in a court of law or a court of equity and by bankruptcy, insolvency and similar laws affecting creditors' rights and remedies generally.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Infonow Corp /)

Authority; No Violation. (aA) The Company has full corporate power and authority to execute and deliver this Agreement and, subject to receipt of stockholder approval, and to consummate the transactions contemplated hereby. The Board of Directors of the Company has directed that this Agreement and the transactions contemplated hereby be submitted to the Company’s stockholders for approval at the Company Stockholders Meeting. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of the Company. Other than The Board of Directors of the Company Stockholders Meetinghas directed that this Agreement and the transactions contemplated hereby be submitted to the Company's stockholders for approval at a meeting of such stockholders and, except for the adoption of this Agreement by the holders of a simple majority of the outstanding shares of Company Common Stock, no other corporate proceedings on the part of the Company are necessary to approve this Agreement or and to consummate the transactions contemplated hereby. This Agreement has been duly and validly executed and delivered by the Company and (assuming due authorization, execution and delivery by Parent and Merger Sub of this AgreementSub) will constitute constitutes a valid and binding obligations obligation of the Company, enforceable against the Company in accordance with its terms, except as enforcement may be limited by general principles of equity whether applied in a court of law or a court of equity and by bankruptcy, insolvency and similar laws affecting creditors' rights and remedies generally.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Firstcity Financial Corp)

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