Common use of Authorization of Transactions Clause in Contracts

Authorization of Transactions. Seller has full corporate power and authority to execute and deliver this Agreement and to consummate the transactions contemplated hereby. This Agreement has been duly authorized, executed and delivered by Seller and constitutes the valid and binding agreement of Seller, enforceable against Seller in accordance with its terms, except as such enforcement may be limited by application of equitable remedies and principles and by insolvency, moratorium, bankruptcy, and similar laws.

Appears in 4 contracts

Samples: Domain Purchase Agreement (Esports Technologies, Inc.), Domain Purchase Agreement (Esports Technologies, Inc.), Domain Purchase Agreement (Esports Technologies, Inc.)

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Authorization of Transactions. Each Seller has full corporate power power, authority and authority legal capacity to execute and deliver enter into this Agreement and the other documents contemplated hereby to consummate the transactions contemplated herebywhich such Seller is a party and to perform its obligations hereunder and thereunder. This Agreement has been duly authorized, executed and delivered by such Seller and constitutes the valid and binding agreement of such Seller, enforceable against Seller in accordance with its respective terms, except as that such enforcement enforceability may be limited by application of equitable remedies and principles and by bankruptcy, insolvency, moratorium, bankruptcy, and moratorium or other similar lawslaws affecting or limiting the enforcement of creditor’s rights generally.

Appears in 2 contracts

Samples: Share Purchase Agreement, Share Purchase Agreement (Colfax CORP)

Authorization of Transactions. (i) Seller has full corporate limited liability company power and authority and has taken all action necessary to authorize, execute and deliver this Agreement and to consummate perform its obligations hereunder, except as may be limited by the transactions contemplated herebyEnforceability Limitations. This Agreement has been duly authorized, executed and delivered by Seller and constitutes the a legal, valid and binding agreement obligation of Seller, Seller enforceable against Seller in accordance with its terms, except as such enforcement may be limited by application of equitable remedies and principles and by insolvency, moratorium, bankruptcy, and similar lawsthe Enforceability Limitations.

Appears in 2 contracts

Samples: Merger and Membership Interests Purchase Agreement, Merger and Membership Interests Purchase Agreement

Authorization of Transactions. Seller has full corporate power and authority to execute and deliver this Agreement and to consummate the transactions contemplated hereby. The board of directors of Seller has duly approved this Agreement and has duly authorized the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby. No other corporate proceedings on the part of Seller are necessary to approve and authorize the execution and delivery of this Agreement. This Agreement has been duly authorized, executed and delivered by Seller and constitutes the valid and legally binding agreement obligation of Seller, enforceable against Seller in accordance with its terms, except as such enforcement may be limited by application of equitable remedies and principles and by insolvency, moratorium, bankruptcy, and similar laws.

Appears in 1 contract

Samples: Asset and Share Purchase Agreement (Centurion Wireless Technologies Inc)

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Authorization of Transactions. Seller has full corporate power power, authority and authority capacity to execute and deliver this Agreement and to consummate the transactions contemplated herebyperform all of its obligations hereunder (and under any other agreement executed and delivered in connection with this Agreement). This Agreement has been duly authorized, executed and delivered by Seller and constitutes the valid and legally binding agreement obligations of Seller, enforceable against Seller in accordance with its terms, except as such enforcement may be limited by application of equitable remedies terms and principles and by insolvency, moratorium, bankruptcy, and similar lawsconditions.

Appears in 1 contract

Samples: Redemption and Security Agreement (SUMOTEXT, Inc.)

Authorization of Transactions. Seller has full corporate power and authority to execute and deliver this Agreement and to perform execute and deliver this Agreement and to perform its obligations hereunder. This Agreement constitutes the valid and legally binding obligation of Each Seller, enforceable in accordance with its terms and conditions. Seller need not give any notice to, make any filing with, or obtain, any authorization, consent or approval of any government or governmental agency in order to consummate the transactions contemplated hereby. This Agreement has been duly authorized, executed and delivered by Seller and constitutes the valid and binding agreement of Seller, enforceable against Seller in accordance with its terms, except as such enforcement may be limited by application of equitable remedies and principles and by insolvency, moratorium, bankruptcy, and similar lawsthis Agreement.

Appears in 1 contract

Samples: Warrant Purchase Agreement (Cyberlux Corp)

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