Common use of Authorization and Binding Obligations Clause in Contracts

Authorization and Binding Obligations. The execution, delivery and performance of this Agreement and the agreements, exhibits and other documents to be executed and delivered by Buyer pursuant hereto have been duly and validly authorized and, upon execution thereof, will be duly executed and delivered by Buyer and constitute valid and binding agreements of Buyer enforceable in accordance with their terms except as such enforceability may be limited by bankruptcy, insolvency, moratorium or other laws relating to or affecting creditors' rights generally and the exercise of judicial discretion in accordance with general equitable principles.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Granite Broadcasting Corp), Stock Purchase Agreement (Granite Broadcasting Corp), Asset Purchase Agreement (Granite Broadcasting Corp)

AutoNDA by SimpleDocs

Authorization and Binding Obligations. The execution, delivery and performance of this Agreement and the agreements, exhibits and other documents to be executed and delivered by Buyer pursuant hereto have has been duly and validly authorized andby all necessary corporate action, upon execution thereof, will be including approval of the entire transaction by the requisite vote of the board of directors of Buyer. This Agreement has been duly executed and delivered by Buyer and constitute constitutes a valid and binding agreements agreement of Buyer Buyer, enforceable in accordance with their terms its terms, except as such its enforceability may be limited by bankruptcy, insolvency, moratorium or other laws relating to or affecting creditors' rights generally and the exercise of judicial discretion in accordance with general equitable principles.

Appears in 2 contracts

Samples: Asset Purchase Agreement (G Iii Apparel Group LTD /De/), Asset Purchase Agreement (Wire One Technologies Inc)

Authorization and Binding Obligations. The execution, delivery and performance of this Agreement and the agreements, exhibits and other documents to be executed and delivered by Buyer pursuant hereto have been duly and validly authorized andby all necessary corporate action, upon execution thereof, will be including approval of the entire transaction by the requisite vote of the board of directors of Buyer. This Agreement has been duly executed and delivered by Buyer and constitute constitutes a valid and binding agreements agreement of Buyer Buyer, enforceable in accordance with their terms its terms, except as such its enforceability may be limited by bankruptcy, insolvency, moratorium or other laws relating to or affecting creditors' ’ rights generally and the exercise of judicial discretion in accordance with general equitable principles.

Appears in 1 contract

Samples: Asset Purchase Agreement (G Iii Apparel Group LTD /De/)

AutoNDA by SimpleDocs

Authorization and Binding Obligations. The execution, delivery and performance of this This Agreement and the agreements, exhibits and other documents to be executed and delivered by Buyer Seller pursuant hereto or in connection herewith have been duly and validly authorized and, upon execution thereof, will be duly executed and delivered by Buyer Seller, and constitute valid and binding agreements of Buyer Seller enforceable in accordance with their terms terms, except as such enforceability may be limited by bankruptcy, insolvency, moratorium or other laws relating to or affecting creditors' rights generally and the exercise of judicial discretion in accordance with general equitable principles.

Appears in 1 contract

Samples: Asset Purchase Agreement (Granite Broadcasting Corp)

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