Common use of Authorization of Agreement; Enforceability Clause in Contracts

Authorization of Agreement; Enforceability. Such Guarantor has the right, power and authority to execute, deliver and perform this Guaranty and has taken all necessary corporate or other organizational action to authorize its execution, delivery and performance of this Guaranty. This Guaranty has been duly executed and delivered by the duly authorized officers of such Guarantor and this Guaranty constitutes the legal, valid and binding obligation of such Guarantor enforceable against such Guarantor in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or similar state or federal debtor relief laws from time to time in effect which affect the enforcement of creditors’ rights in general and the availability of equitable remedies.

Appears in 7 contracts

Samples: Guaranty Agreement (Afp Imaging Corp), Guaranty Agreement (Ucn Inc), Guaranty Agreement (Clearpoint Business Resources, Inc)

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Authorization of Agreement; Enforceability. Such Guarantor has the right, power and authority to execute, deliver and perform this Guaranty and has taken all necessary corporate or other organizational action to authorize its the execution, delivery and performance of this GuarantyGuaranty in accordance with its terms. This Guaranty has been duly executed and delivered by the duly authorized officers of such Guarantor and this Guaranty constitutes the legal, valid and binding obligation of such Guarantor enforceable against such Guarantor in accordance with its terms, except as such enforcement enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar state or federal debtor relief laws from time to time in effect which affect the enforcement of creditors’ rights in general and the availability of equitable remedies.

Appears in 7 contracts

Samples: Credit Agreement (Blackbaud Inc), Credit Agreement (Blackbaud Inc), Credit Agreement (Blackbaud Inc)

Authorization of Agreement; Enforceability. Such Subsidiary Guarantor has the right, power and authority to execute, deliver and perform this Guaranty and has taken all necessary corporate or and other organizational action to authorize its the execution, delivery and performance of this GuarantyGuaranty in accordance with its terms. This Guaranty has been duly executed and delivered by the duly authorized officers of such Subsidiary Guarantor and this Guaranty constitutes the legal, valid and binding obligation of such Guarantor Subsidiary Guarantor, enforceable against such Guarantor in accordance with its terms, except as such enforcement enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar state or federal debtor relief laws from time to time in effect which affect the enforcement of creditors’ rights in general and the availability of equitable remedies.

Appears in 2 contracts

Samples: Subsidiary Guaranty Agreement (Pool Corp), Subsidiary Guaranty Agreement (Pool Corp)

Authorization of Agreement; Enforceability. Such Guarantor has the right, power and authority to execute, deliver and perform this Guaranty and has taken all necessary corporate or and other organizational action to authorize its the execution, delivery and performance of this GuarantyGuaranty in accordance with its terms. This Guaranty has been duly executed and delivered by the duly authorized officers of such the Guarantor and this Guaranty constitutes the legal, valid and binding obligation of such Guarantor Guarantor, enforceable against such Guarantor in accordance with its terms, except as such enforcement enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar state or federal debtor relief laws from time to time in effect which affect the enforcement of creditors’ rights in general and the availability of equitable remedies.

Appears in 1 contract

Samples: Guaranty Agreement (Gray Television Inc)

Authorization of Agreement; Enforceability. Such Subsidiary Guarantor has the right, power and authority to execute, deliver and perform this Guaranty and has taken all necessary corporate or and other organizational action to authorize its the execution, delivery and performance of this GuarantyGuaranty in accordance with its terms. This Guaranty has been duly executed and delivered by the duly authorized officers of such the Subsidiary Guarantor and this Guaranty constitutes the legal, valid and binding obligation of such Guarantor Subsidiary Guarantor, enforceable against such Guarantor in accordance with its terms, except as such enforcement enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar state or federal debtor relief laws from time to time in effect which affect the enforcement of creditors' rights in general and the availability of equitable remedies.

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (Cross Country Healthcare Inc)

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Authorization of Agreement; Enforceability. Such Guarantor has the right, power and authority to execute, deliver and perform this Guaranty and has taken all necessary corporate or other organizational action to authorize its the execution, delivery and performance of this GuarantyGuaranty in accordance with its terms. This Guaranty has been duly executed and delivered by the duly authorized officers of such Guarantor and this Guaranty constitutes the legal, valid and binding obligation of such Guarantor enforceable against such Guarantor in accordance with its terms, except as such enforcement enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar state or federal debtor relief laws from time to time in effect which affect the enforcement of creditors' rights in general and the availability of equitable remedies.

Appears in 1 contract

Samples: Guaranty Agreement (Blackbaud Inc)

Authorization of Agreement; Enforceability. Such Subsidiary Guarantor has the right, power and authority to execute, deliver and perform this Guaranty and has taken all necessary corporate or and other organizational action to authorize its the execution, delivery and performance of this GuarantyGuaranty in accordance with its terms. This Guaranty has been duly executed and delivered by the duly authorized officers or other representatives of such Subsidiary Guarantor and this Guaranty constitutes the legal, valid and binding obligation of such Guarantor Subsidiary Guarantor, enforceable against such Guarantor in accordance with its terms, except as such enforcement enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar state or federal debtor relief laws from time to time in effect which that affect the enforcement of creditors' rights in general and the availability of equitable remedies.

Appears in 1 contract

Samples: Credit Agreement (Corrections Corp of America)

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