Common use of Authorization and Enforceability of Agreements Clause in Contracts

Authorization and Enforceability of Agreements. Purchaser has all requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunder. This Agreement has been duly executed and delivered by Purchaser and constitute the legal, valid and binding obligation of Purchaser, enforceable in accordance with its terms, except as may be limited by bankruptcy, reorganization, insolvency, moratorium or other laws relating to or affecting the enforcement of creditors' rights and remedies generally and except as enforcement may be limited by general principles of equity. This Agreement has been duly and validly authorized by and approved by all requisite corporate action on the part of Purchaser. No further approvals or consents by, or filings with, any federal, state, municipal, foreign or other court or governmental or administrative body, agency or other third party is required in connection with the execution and delivery by Purchaser of this Agreement, or the consummation by Purchaser of the transactions contemplated hereby, except for those which, if not obtained, would not have a material adverse impact on the ability of Purchaser to perform its business as currently conducted or the ability of Purchaser to execute and deliver such agreement, or to consummate the transactions contemplated hereby.

Appears in 2 contracts

Samples: Stock Purchase and Barter Agreement (Montena Sa), Stock Purchase and Barter Agreement (Maxwell Technologies Inc)

AutoNDA by SimpleDocs

Authorization and Enforceability of Agreements. Purchaser Buyer has all requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunder. This Agreement has been duly executed and delivered by Purchaser Buyer and constitute constitutes the legal, valid and binding obligation of PurchaserBuyer, enforceable in accordance with its terms, except as may be limited by bankruptcy, reorganization, insolvency, moratorium or other laws relating to or affecting the enforcement of creditors' ’ rights and remedies generally and except as enforcement may be limited by general principles of equity. This Agreement has been duly and validly authorized by and approved by all requisite corporate action on the part of PurchaserBuyer. No further approvals or consents by, or filings with, any federal, state, municipal, foreign or other court or governmental or administrative body, agency or other third party is required in connection with the execution and delivery by Purchaser Buyer of this Agreement, Agreement or the consummation by Purchaser Buyer of the transactions contemplated hereby, except for those which, if not obtained, would not have a material adverse impact on the ability of Purchaser to perform its business as currently conducted or the ability of Purchaser Buyer to execute and deliver such agreementthis Agreement, or to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Dj Orthopedics Inc)

AutoNDA by SimpleDocs

Authorization and Enforceability of Agreements. Purchaser Buyer has all requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunder. This Agreement has been duly executed and delivered by Purchaser Buyer and constitute constitutes the legal, valid and binding obligation of PurchaserBuyer, enforceable in accordance with its terms, except as may be limited by bankruptcy, reorganization, insolvency, moratorium or other laws relating to or affecting the enforcement of creditors' ’ rights and remedies generally and except as enforcement may be limited by general principles of equity. This Agreement has been duly and validly authorized by and approved by all requisite corporate action on the part of PurchaserBuyer. No further approvals or consents by, or filings with, any federal, state, municipal, foreign or other court or governmental or administrative body, agency or other third party is required in connection with the execution and delivery by Purchaser Buyer of this Agreement, Agreement or the consummation by Purchaser Buyer of the transactions contemplated hereby, except for those which, if not obtained, would not have a material adverse impact on the ability of Purchaser to perform its business as currently conducted or the ability of Purchaser Buyer to execute and deliver such agreementthis Agreement, or to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Dj Orthopedics Inc)

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