Common use of Authorization for Agreement Clause in Contracts

Authorization for Agreement. The execution, delivery and performance of this Agreement by Seller and the consummation of the transactions contemplated hereby will have been duly authorized by all necessary actions of Seller prior to the Closing, and this Agreement is, and any documents or instruments to be executed and delivered by Seller pursuant hereto will be, legal, valid and binding obligations of Seller enforceable in accordance with their terms, except as enforceability may be limited by applicable bankruptcy, insolvency, moratorium or similar laws from time to time in effect which affect creditors’ rights generally and by legal and equitable limitations on the availability of equitable remedies.

Appears in 2 contracts

Samples: Asset Sale and Purchase Agreement (Big Dog Holdings Inc), Asset Sale and Purchase Agreement

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Authorization for Agreement. The execution, delivery and performance of this Agreement by Seller Buyer and the consummation of the transactions contemplated hereby will have been duly authorized by all necessary actions of Seller Buyer prior to the Closing, and this Agreement is, and any documents or instruments to be executed and delivered by Seller Buyer pursuant hereto will be, legal, valid and binding obligations of Seller Buyer enforceable in accordance with their terms, except as enforceability may be limited by applicable bankruptcy, insolvency, moratorium or similar laws from time to time in effect which affect creditors’ rights generally and by legal and equitable limitations on the availability of equitable remedies.

Appears in 2 contracts

Samples: Asset Sale and Purchase Agreement (Big Dog Holdings Inc), Asset Sale and Purchase Agreement

Authorization for Agreement. The execution, delivery delivery, and performance of this Agreement by Seller and the consummation of the transactions contemplated hereby by this Agreement will have been duly authorized by all necessary actions of Seller prior to the Closing, and this Agreement is, and any documents or instruments to be executed and delivered by Seller pursuant hereto to this Agreement will be, legal, valid valid, and binding obligations of Seller enforceable in accordance with their terms, except as enforceability may be limited by applicable bankruptcy, insolvency, moratorium moratorium, or similar laws from time to time in effect which that affect creditors’ rights generally and by legal and equitable limitations on the availability of equitable remedies.

Appears in 1 contract

Samples: Asset Sale and Acquisition Agreement

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Authorization for Agreement. The execution, delivery delivery, and performance of this Agreement by Seller Buyer and the consummation of the transactions contemplated hereby by this Agreement will have been duly authorized by all necessary actions of Seller Buyer prior to the Closing, and this Agreement is, and any documents or instruments to be executed and delivered by Seller Buyer pursuant hereto to this Agreement will be, legal, valid valid, and binding obligations of Seller Buyer enforceable in accordance with their terms, except as enforceability may be limited by applicable bankruptcy, insolvency, moratorium moratorium, or similar laws from time to time in effect which that affect creditors’ rights generally and by legal and equitable limitations on the availability of equitable remedies.

Appears in 1 contract

Samples: Asset Sale and Acquisition Agreement

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