Common use of Authorization and Enforceability of Agreements Clause in Contracts

Authorization and Enforceability of Agreements. As of the Closing, VG will have all requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunder. At the Closing, this Agreement will be duly and validly authorized by and approved by all requisite corporate action (including stockholder approval) on the part of VG. This Agreement has been duly executed and delivered by VG and constitutes the legal, valid and binding obligation of VG enforceable in accordance with its terms. 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 the Buyer of this Agreement, or the consummation by the Buyer of the transactions contemplated hereby including the issuance of the Shares.

Authorization and Enforceability of Agreements. As of the Closing, VG will have all requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunder. At the Closing, this Agreement will be duly and validly authorized by and approved by all requisite corporate action (including stockholder approval) on the part of VG. This Agreement has been duly executed and delivered by VG and constitutes the legal, valid valid, and binding obligation of VG enforceable in accordance with its terms. No further approvals or consents by, or filings with, any federal, state, municipal, foreign or other court or governmental or administrative body, agency agency, or other third party is required in connection with the execution and delivery by the Buyer VG of this Agreement, or the consummation by the Buyer VG of the transactions contemplated hereby including the issuance of the VG Shares.

Authorization and Enforceability of Agreements. As of the Closing, VG will have all requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunder. At the Closingclosing, this Agreement will be duly and validly authorized by and approved by all requisite corporate action (including stockholder approval) on the part of VG. This Agreement has been duly executed and delivered by VG and constitutes the legal, valid valid, and binding obligation of VG enforceable in accordance with its terms. No further approvals or consents by, or filings with, any federal, state, municipal, foreign or other court or governmental or administrative body, agency agency, or other third party is required in connection with the execution and delivery by the Buyer VG of this Agreement, or the consummation by the Buyer VG of the transactions contemplated hereby including the issuance of the VG Shares.