Common use of Authorization and Binding Effect Clause in Contracts

Authorization and Binding Effect. Purchaser has full power and authority, corporate and otherwise, to enter into this Agreement. Execution, delivery and consummation of this Agreement by Purchaser have been duly authorized by all necessary corporate action and do not require any consent or approval of any Person that has not been obtained. This Agreement constitutes the valid and binding obligation of Purchaser, enforceable against Purchaser in accordance with the terms and conditions hereof.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Deere & Co), Asset Purchase Agreement (Deere & Co)

AutoNDA by SimpleDocs

Authorization and Binding Effect. The Purchaser has full all necessary authority and corporate power to execute and authority, corporate deliver this Agreement and otherwise, consummate the transactions contemplated hereby and has taken all action required to enter into this Agreement. Executionbe taken by or on the part of such Purchaser to authorize the execution, delivery and consummation performance of this Agreement by Purchaser have been duly authorized by all necessary corporate action and do not require any consent or approval of any Person that has not been obtainedAgreement. This Agreement constitutes the a valid and binding obligation of Purchaser, agreement enforceable against Purchaser in accordance with the terms and conditions hereofits terms.

Appears in 2 contracts

Samples: Partnership Agreement (Paincare Holdings Inc), Partnership Interest Purchase Agreement (Paincare Holdings Inc)

Authorization and Binding Effect. The Purchaser represents that it has the full right, power and authority, corporate and otherwise, authority to enter into and perform the Purchaser's obligations under this Agreement. Execution, delivery and consummation of that this Agreement Agreement, when executed and delivered by Purchaser have been duly authorized by all necessary corporate action and do not require any consent or approval of any Person that has not been obtained. This Agreement constitutes the Purchaser, will constitute valid and binding obligation obligations of the Purchaser, enforceable against Purchaser in accordance with its terms, subject to the terms law of general application relating to bankruptcy, insolvency and conditions hereofthe relief of debtors, rules of law governing specific performance, injunctive relief or other equitable remedies.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (International Displayworks Inc)

Authorization and Binding Effect. Purchaser has full power and authority, corporate and otherwise, authority to enter into this Agreement. Execution, delivery Agreement and consummation of to perform its obligations under this Agreement by Purchaser have been duly authorized by all necessary corporate action and do not require any consent or approval of any Person that has not been obtainedto consummate the transactions contemplated hereby. This Agreement constitutes the and all other agreements and instruments herein contemplated to be executed by Purchaser are (or upon execution and delivery thereof by Purchaser will be) valid and binding obligation agreements of Purchaser, enforceable against Purchaser in accordance with their respective terms, subject to the terms and conditions hereofEnforceability Exceptions.

Appears in 1 contract

Samples: Stock Subscription Agreement (Aftermarket Technology Corp)

AutoNDA by SimpleDocs

Authorization and Binding Effect. Purchaser This Agreement has full power and authority, corporate and otherwise, to enter into this Agreement. Execution, delivery and consummation of this Agreement by Purchaser have been duly authorized executed and delivered by all necessary corporate action the Purchaser and do not require any consent or approval of any Person that has not been obtained. This Agreement constitutes the legal, valid and binding obligation of each the Purchaser, enforceable against Purchaser in accordance with the terms and conditions hereofits terms.

Appears in 1 contract

Samples: Merger Agreement (Ironclad Performance Wear Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!