Common use of Authority Relative to Agreements; Board Approval Clause in Contracts

Authority Relative to Agreements; Board Approval. (a) The execution, delivery and performance of this Agreement and the Transaction Documents have been duly and validly authorized by all necessary action on the part of the Company, subject only to Stockholder Approval. This Agreement and the Transaction Documents have been duly executed and delivered by the Company for itself and constitute the valid and legally binding obligation of the Company, enforceable against the Company in accordance with their terms, subject to applicable bankruptcy, insolvency, moratorium or other similar laws relating to creditors' rights or general principles of equity.

Authority Relative to Agreements; Board Approval. (a) The execution, delivery and performance of this Agreement Note and the Transaction Documents Security Agreement, have been duly and validly authorized by all necessary corporate action on the part of the Company, subject only to Stockholder ApprovalBorrower. This Agreement Note and the Transaction Documents Security Agreement have been duly executed and delivered by the Company Borrower for itself and constitute the valid and legally binding obligation obligations of the CompanyBorrower, enforceable against the Company Borrower in accordance with their terms, subject to applicable bankruptcy, insolvency, moratorium or other similar laws relating to creditors' rights or general principles of equity.

Authority Relative to Agreements; Board Approval. (a) The execution, delivery and performance of this Agreement, the Registration Rights Agreement and the Transaction Documents Company Warrants have been duly and validly authorized by all necessary corporate action on the part of the Company, subject only to Stockholder Approval. This Agreement, the Registration Rights Agreement and the Transaction Documents Company Warrants have been duly executed and delivered by the Company for itself and constitute the valid and legally binding obligation obligations of the Company, enforceable against the Company in accordance with their terms, subject to applicable bankruptcy, insolvency, moratorium or other similar laws relating to creditors' rights or general principles of equity.

Authority Relative to Agreements; Board Approval. (a) The execution, delivery and performance of this Agreement and the Transaction Documents have been duly and validly authorized by all necessary action on the part of the Company, subject only to Stockholder Approval. This Agreement and the Transaction Documents have been duly executed and delivered by the Company for itself and constitute the valid and legally binding obligation of the Company, enforceable against the Company in accordance with their terms, subject to applicable bankruptcy, insolvency, moratorium or other similar laws relating to creditors' rights or general principles of equity.

Authority Relative to Agreements; Board Approval. (a) The execution, delivery and performance of this Agreement and the Transaction Documents Registration Rights Agreement have been duly and validly authorized by all necessary corporate action on the part of the Company, subject only to Stockholder Approval. This Agreement and the Transaction Documents Registration Rights Agreement have been duly executed and delivered by the Company for itself and constitute the valid and legally binding obligation obligations of the Company, enforceable against the Company in accordance with their terms, subject to applicable bankruptcy, insolvency, moratorium or other similar laws relating to creditors' rights or general principles of equity.