Common use of Authorization and Binding Effect Clause in Contracts

Authorization and Binding Effect. The Company has full right, power and authority to execute and deliver this Agreement, the Contribution Agreement and each of the Ancillary Agreements (as defined in the Contribution Agreement) and to perform its obligations hereunder and thereunder; and all action required to be taken for the due and proper authorization, execution and delivery by it of this Agreement, the Contribution Agreement and each of the Ancillary Agreements and the consummation by it of the transactions contemplated hereby and thereby has been duly and validly taken.

Appears in 3 contracts

Samples: Underwriting Agreement (Sanchez Energy Corp), Underwriting Agreement (Sanchez Energy Corp), Underwriting Agreement (Sanchez Energy Corp)

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Authorization and Binding Effect. The Company has full right, power and authority to execute and deliver this Agreement, the Contribution Agreement and each of the Ancillary Agreements (as defined in the Contribution Agreement) and to perform its obligations hereunder and thereunderhereunder; and all action required to be taken for the due and proper authorization, execution and delivery by it of this Agreement, the Contribution Agreement and each of the Ancillary Agreements and the consummation by it of the transactions contemplated hereby and thereby has been duly and validly taken.

Appears in 1 contract

Samples: Co Manager Agreement (Smart Rx Systems Inc)

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