Common use of Authorization of Transaction; Agreement Binding Clause in Contracts

Authorization of Transaction; Agreement Binding. The Company has full corporate power and authority to execute and deliver, and to perform its obligations under, this Agreement. This Agreement constitutes the valid and legally binding obligation of the Company, enforceable in accordance with its terms, except as such enforcement may be limited by general equitable principles or by applicable bankruptcy, insolvency or similar laws which affect creditors’ rights generally.

Appears in 11 contracts

Samples: Contribution Agreement, Share Contribution and Purchase Agreement (HQ Global Education Inc.), Contribution Agreement (Caspian International Oil Corp)

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Authorization of Transaction; Agreement Binding. The Company Employee has full corporate power and authority to execute and deliver, and to perform its his obligations under, this Agreement. This Agreement constitutes the valid and legally binding obligation of the CompanyEmployee, enforceable in accordance with its terms, except as such enforcement may be limited by general equitable principles or by applicable bankruptcy, insolvency or similar laws which affect creditors' rights generally.

Appears in 2 contracts

Samples: Cancellation Agreement (Directed Electronics, Inc.), Key Employee Sale Bonus Cancellation Agreement (Directed Electronics, Inc.)

Authorization of Transaction; Agreement Binding. The Company has full corporate power and authority to execute and deliver, and to perform its obligations under, this Agreement. This Agreement constitutes the valid and legally binding obligation of the Company, enforceable in accordance with its terms, except as such enforcement may be limited by general equitable principles or by applicable bankruptcy, insolvency insolvency, or similar laws which affect affecting creditors’ rights generally.

Appears in 1 contract

Samples: Stock Purchase Agreement (Champions Biotechnology, Inc.)

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Authorization of Transaction; Agreement Binding. The Company has full the corporate power and authority to execute and deliver, and to perform its obligations under, this Agreement. This Agreement constitutes the valid and legally binding obligation of the Company, enforceable in accordance with its terms, except as such enforcement may be limited by general equitable principles or by applicable bankruptcy, insolvency or similar laws which affect creditors’ rights generally.

Appears in 1 contract

Samples: Subscription and Shareholders’ Agreement (Directed Electronics, Inc.)

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