Common use of Authorization of Declaration Clause in Contracts

Authorization of Declaration. The Declaration has been duly authorized by the Company and, on the Closing Date, will have been duly executed and delivered by the Company and the Administrators, and assuming due authorization, execution and delivery of the Declaration by the Institutional Trustee and the Delaware Trustee, the Declaration will constitute a valid, legal and binding agreement of the Company, enforceable against the Company in accordance with its terms, except to the extent that enforceability may be limited by the Enforceability Exceptions.

Appears in 4 contracts

Samples: Purchase Agreement (Hill Vernon W Ii), Purchase Agreement (Republic First Bancorp Inc), Center Bancorp Inc

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Authorization of Declaration. The Declaration has been qualified under the 1939 Act and has been duly authorized by the Company and, on at the Closing DateTime, will have been duly executed and delivered by the Company and the AdministratorsTrustees, and assuming due authorization, execution and delivery of the Declaration by the Institutional Trustee and the Delaware TrusteeTrustees, the Declaration will constitute will, at the Closing Time, be a valid, legal valid and legally binding agreement of the Company, enforceable against the Company in accordance with its terms, terms except to the extent that enforceability may be limited by any of the Enforceability Exceptions.

Appears in 2 contracts

Samples: Underwriting Agreement (Stifel Financial Corp), Underwriting Agreement (Stifel Financial Corp)

Authorization of Declaration. The Declaration has been duly authorized by the Company andauthorized, on the Closing Date, will have been duly executed and delivered by the Company and the Administrators, and assuming due authorization, execution and delivery of the Declaration by the Institutional Trustee and the Delaware Trustee, the Declaration will constitute constitutes a valid, legal and binding agreement of the Company, enforceable against the Company in accordance with its terms, except to the extent that enforceability may be limited by the Enforceability Exceptions.

Appears in 2 contracts

Samples: Placement Agreement (Northeast Bancorp /Me/), Horizon Bancorp /In/

Authorization of Declaration. The Declaration has been duly authorized by the Company and, on the Closing Date, will have been when duly executed and delivered by the Company and the Administrators, and assuming due authorization, execution and delivery of the Declaration by the Institutional Trustee and the Delaware Trustee, the Declaration will constitute a valid, legal and binding agreement of the Company, enforceable against the Company in accordance with its terms, except to the extent that enforceability may be limited by the Enforceability Exceptions.

Appears in 1 contract

Samples: Placement Agreement (Lakeland Bancorp Inc)

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Authorization of Declaration. The Declaration has been duly authorized by the Company and, on the Closing Date, will have been and when duly executed and delivered by the Company and the AdministratorsAdministrator on the Closing Date, and assuming due authorization, execution and delivery of the Declaration by the Institutional Trustee and the Delaware Trustee, the Declaration will constitute a valid, legal and binding agreement of the Company, enforceable against the Company in accordance with its terms, except to the extent that enforceability may be limited by the Enforceability Exceptions.

Appears in 1 contract

Samples: Century Bancorp Inc

Authorization of Declaration. The Declaration has been duly authorized by the Company and, on the Closing Date, will have been when duly executed and delivered by the Company and the Administrators, and assuming due authorization, execution and delivery of the Declaration by the Institutional Property Trustee and the Delaware Trustee, the Declaration will constitute a valid, legal and binding agreement of the Company, enforceable against the Company in accordance with its terms, except to the extent that enforceability may be limited by the Enforceability Exceptions.

Appears in 1 contract

Samples: Purchase Agreement (Virginia Commerce Bancorp Inc)

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