Common use of Authorization and Execution of the Deposit Agreement Clause in Contracts

Authorization and Execution of the Deposit Agreement. The Deposit Agreement has been duly authorized by the Company and, at the Closing Time, will have been duly executed and delivered and will constitute a valid and legally binding agreement of the Company, enforceable against the Company in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization or other similar laws relating to or affecting the enforcement of creditors’ rights generally and by general principles of equity.

Appears in 2 contracts

Samples: Underwriting Agreement (Validus Holdings LTD), Underwriting Agreement (Validus Holdings LTD)

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Authorization and Execution of the Deposit Agreement. The Deposit Agreement has been duly has been duly authorized by the Company and, at the Closing Time, will have been duly executed and delivered and will constitute a valid and legally binding agreement of the Company, enforceable against the Company in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization insolvency or other similar laws relating to or affecting the enforcement of creditors’ rights generally and by general principles of equity.

Appears in 2 contracts

Samples: Purchase Agreement (Arch Capital Group Ltd.), Purchase Agreement (Arch Capital Group Ltd.)

Authorization and Execution of the Deposit Agreement. The Deposit Agreement has been duly authorized by the Company and, at the Closing TimeDate (as defined below), will have been duly executed and delivered and will constitute a valid and legally binding agreement of the Company, enforceable against the Company in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization or other similar laws relating to or affecting the enforcement of creditors’ rights generally and by general principles of equity.;

Appears in 1 contract

Samples: Endurance Specialty Holdings LTD

Authorization and Execution of the Deposit Agreement. The Deposit Agreement has been duly authorized by the Company and, at the Closing Time, will have been duly executed and delivered and will constitute constitutes a valid and legally binding agreement of the Company, enforceable against the Company in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization insolvency or other similar laws relating to or affecting the enforcement of creditors’ rights generally and by general principles of equity.

Appears in 1 contract

Samples: Purchase Agreement (Arch Capital Group Ltd.)

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Authorization and Execution of the Deposit Agreement. The Deposit Agreement has been duly authorized by the Company and, at the Closing Time, will have been duly executed and delivered and will constitute a valid and legally binding agreement of the Company, enforceable against the Company in accordance with its terms, except as such enforceability enforcement thereof may be limited by bankruptcy, insolvency, reorganization reorganization, fraudulent conveyance, moratorium or other similar laws relating to or affecting the enforcement of creditors’ rights generally and or by general principles of equityequity and the discretion of the court before which any proceedings therefor may be brought.

Appears in 1 contract

Samples: Purchase Agreement (Arch Capital Group Ltd.)

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