Common use of Authority; Validity Clause in Contracts

Authority; Validity. MKG has full power and authority to execute and deliver this Agreement and to consummate the transactions contemplated hereby and this Agreement constitutes the legal and valid binding agreement of MKG, enforceable in accordance with its terms, except as the enforceability thereof may be limited by any applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance or other laws affecting the enforcement of creditors’ rights generally, and by general principles of equity.

Appears in 6 contracts

Samples: Stock Acquisition and Voting Agreement (MacKay Group, Inc.), Stock Acquisition and Voting Agreement (Biofield Corp \De\), Stock Acquisition Agreement (MacKay James)

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