Common use of Authority Relative to this Agreement and Related Matters Clause in Contracts

Authority Relative to this Agreement and Related Matters. The Purchaser has all necessary corporate or limited liability company power and authority, as the case may be, to enter into this Agreement and to carry out its obligations hereunder. The execution and delivery by the Purchaser of this Agreement and the consummation by the Purchaser of the Transactions have been duly authorized by all necessary corporate or limited liability company (as applicable) action on the part of the Purchaser. This Agreement has been duly executed and delivered by the Purchaser and, assuming the due authorization, execution and delivery hereof by the Vendor, constitutes the legal, valid and binding obligation of the Purchaser, enforceable by the Purchaser in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization and other similar laws relating to or affecting creditors’ rights generally and by general equitable principles (regardless of whether such enforceability is considered in a proceeding in equity or at law).

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement

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Authority Relative to this Agreement and Related Matters. The Purchaser Buyer has all necessary corporate or limited liability company power and authority, as the case may be, to enter into this Agreement and to carry out its obligations hereunder. The execution and delivery by the Purchaser Buyer of this Agreement and the consummation by the Purchaser Buyer of the Transactions have been duly authorized by all necessary corporate or limited liability company (as applicable) action on the part of the PurchaserBuyer. This Agreement has been duly executed and delivered by the Purchaser Buyer and, assuming the due authorization, execution and delivery hereof by the VendorSeller, constitutes the legal, valid and binding obligation of the PurchaserBuyer, enforceable by the Purchaser Buyer in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization and other similar laws relating to or affecting creditors’ rights generally and by general equitable principles (regardless of whether such enforceability is considered in a proceeding in equity or at law).

Appears in 1 contract

Samples: Asset Purchase Agreement

Authority Relative to this Agreement and Related Matters. The Purchaser Buyer has all necessary corporate or limited liability company power and authority, as the case may be, to enter into this Agreement and to carry out its obligations hereunder. The execution and delivery by the Purchaser Buyer of this Agreement and the consummation by the Purchaser Buyer of the Transactions have been duly authorized by all necessary corporate or limited liability company (as applicable) action on the part of the PurchaserBuyer. This Agreement has been duly executed and delivered by the Purchaser Buyer and, assuming the due authorization, execution and delivery hereof by the VendorSeller, constitutes the legal, valid and binding obligation of the PurchaserBuyer, enforceable by the Purchaser Buyer in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization and other similar laws relating to or affecting creditors’ rights generally and by general equitable principles (regardless of whether such enforceability is considered in a proceeding in equity or at law).

Appears in 1 contract

Samples: Asset Purchase Agreement

Authority Relative to this Agreement and Related Matters. The Purchaser Buyer has all necessary corporate or limited liability company power and authority, as the case may be, to enter into this Agreement and to carry out its obligations hereunder. The execution and delivery by the Purchaser Buyer of this Agreement and the consummation by the Purchaser Buyer of the Transactions have been duly authorized by all necessary corporate or limited liability company (as applicable) action on the part of the PurchaserBuyer. This Agreement has been duly executed and delivered by the Purchaser Buyer and, assuming the due authorization, execution and delivery hereof by the VendorSeller, constitutes the legal, valid and binding obligation of the PurchaserBuyer, enforceable by against the Purchaser Buyer in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization reorganization, moratorium and other similar laws relating to or affecting creditors’ rights generally and by general equitable principles (regardless of whether such enforceability is considered in a proceeding in equity or at law).

Appears in 1 contract

Samples: Intellectual Property Purchase Agreement (FBEC Worldwide Inc.)

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Authority Relative to this Agreement and Related Matters. The Purchaser Buyer has all necessary corporate or limited liability company power and authority, as the case may be, to enter into this Agreement and to carry out its obligations hereunder. The execution and delivery by the Purchaser Buyer of this Agreement and the consummation by the Purchaser Buyer of the Transactions have been duly authorized by all necessary corporate or limited liability company (as applicable) action on the part of the PurchaserBuyer. This Agreement has been duly executed and delivered by the Purchaser Buyer and, assuming the due authorization, execution and delivery hereof by the VendorSeller, constitutes the legal, valid and binding obligation of the PurchaserBuyer, enforceable by the Purchaser Buyer in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization and other similar laws relating to or affecting creditors’ rights generally and by general equitable principles (regardless of whether such enforceability is considered in a proceeding in equity or at law).

Appears in 1 contract

Samples: Asset Purchase Agreement

Authority Relative to this Agreement and Related Matters. The Purchaser Buyer has all necessary corporate or limited liability company power and authority, as the case may be, to enter into this Agreement and to carry out its obligations hereunder. The execution and delivery by the Purchaser Buyer of this Agreement and the consummation by the Purchaser Buyer of the Transactions have been duly authorized by all necessary corporate or limited liability company (as applicable) action on the part of the PurchaserBuyer. This Agreement has been duly executed and delivered by the Purchaser Buyer and, assuming the due authorization, execution and delivery hereof by the VendorSeller, constitutes the legal, valid and binding obligation of the PurchaserBuyer, enforceable by the Purchaser against Buyer in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization reorganization, moratorium and other similar laws relating to or affecting creditors’ rights generally and by general equitable principles (regardless of whether such enforceability is considered in a proceeding in equity or at law).

Appears in 1 contract

Samples: Intellectual Property Purchase Agreement (Clone Algo Inc.)

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