Common use of Authorization and Validity of Agreements Clause in Contracts

Authorization and Validity of Agreements. The execution, delivery and performance by it of this Agreement, and the consummation by it of the transactions contemplated hereby, have been duly authorized and approved by all necessary corporate or equivalent action on its part. This Agreement has been duly executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency or other laws relating to or affecting creditors’ rights generally and by general equity principles.

Appears in 6 contracts

Samples: Exclusive License Agreement (Adlai Nortye Ltd.), Exclusive License Agreement (Allarity Therapeutics, Inc.), Exclusive License Agreement (Allarity Therapeutics, Inc.)

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Authorization and Validity of Agreements. The execution, execution and delivery and performance by it of this Agreement, Agreement and the consummation by it of the transactions contemplated hereby, hereby have been duly authorized and approved by all necessary corporate or equivalent other action on its part. This Agreement has been duly executed and delivered by it and constitutes it. This Agreement is its legal, valid and binding obligation, enforceable against it in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency or other laws relating to or affecting creditors’ rights generally and by general equity principles.

Appears in 5 contracts

Samples: Standstill Agreement (Ashland Inc), Standstill Agreement (Marathon Oil Corp), Standstill Agreement (Marathon Oil Corp)

Authorization and Validity of Agreements. (i) The execution, delivery and performance by it the Partnership of this Agreement, Agreement and the consummation by it of the transactions contemplated hereby, hereby have been duly authorized and approved by all necessary corporate or equivalent similar action on its part. This Agreement has been duly and validly executed and delivered by it the Partnership and constitutes is its legal, valid and binding obligation, enforceable against it in accordance with its terms, except as enforceability the same may be limited by applicable bankruptcy, insolvency insolvency, reorganization, moratorium or other laws relating related to or affecting creditors' rights generally and by general equity principles.

Appears in 5 contracts

Samples: Master Transaction Agreement (Millennium Chemicals Inc), Master Transaction Agreement (Lyondell Petrochemical Co), Master Transaction Agreement (Occidental Petroleum Corp /De/)

Authorization and Validity of Agreements. The execution, execution and delivery and the performance by it of this Agreement, Agreement and the consummation by it of the transactions contemplated hereby, hereby have been duly authorized and approved by all necessary corporate or equivalent action on its part. This Agreement has been duly executed and delivered by it and constitutes its legal, valid and binding obligation, obligation enforceable against it in accordance with its terms, except as enforceability the same may be limited by applicable bankruptcy, insolvency insolvency, reorganization, moratorium or other laws relating to or affecting creditors’ rights generally and by general equity principles.

Appears in 2 contracts

Samples: Joint Development and License Agreement (NantKwest, Inc.), Joint Development and License Agreement (Conkwest, Inc.)

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Authorization and Validity of Agreements. The execution, delivery and performance by it of this Agreement, and the consummation by it of the transactions contemplated hereby, have been duly authorized and approved by all necessary corporate or equivalent action on its part. This Agreement has been duly executed and delivered by it and constitutes constitute its legal, valid and binding obligation, enforceable against it in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency or other laws relating to or affecting creditors’ rights generally and by general equity principles.

Appears in 1 contract

Samples: Intellectual Property License Agreement (Sensata Technologies Holding N.V.)

Authorization and Validity of Agreements. The execution, delivery and performance by it of this Agreementthe Applicable Agreements, and the consummation by it of the transactions contemplated herebythereby, have been duly authorized and approved by all necessary corporate or equivalent action on its part. This Agreement has The Applicable Agreements have been duly executed and delivered by it and constitutes constitute its legal, valid and binding obligationobligations, enforceable against it in accordance with its their terms, except as enforceability may be limited by applicable bankruptcy, insolvency or other laws relating to or affecting creditors’ rights generally and by general equity principles.

Appears in 1 contract

Samples: Master Exchange Agreement (Arcadia Resources, Inc)

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