Common use of Authorization; Validity; Enforcement Clause in Contracts

Authorization; Validity; Enforcement. The Buyer has the requisite power and authority to enter into and perform its obligations under the Transaction Documents. The execution and delivery of this Agreement and the other Transaction Documents by the Buyer and the consummation by the Buyer of the transactions contemplated hereby and thereby have been, or when executed will be, duly authorized by the Buyer. This Agreement and the other Transaction Documents have been duly and validly authorized, executed and delivered on behalf of the Buyer and shall constitute the legal, valid and binding obligations of the Buyer enforceable against the Buyer in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.

Appears in 2 contracts

Samples: Securities Purchase Agreement (BJs RESTAURANTS INC), Securities Purchase Agreement (BJs RESTAURANTS INC)

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Authorization; Validity; Enforcement. The Buyer has the requisite power and authority to enter into and perform its obligations under this Agreement and the Transaction DocumentsAncillary Agreements. The execution and delivery of this Agreement and the other Transaction Documents Ancillary Agreements by the Buyer and the consummation by the Buyer of the transactions contemplated hereby and thereby have been, or when executed will be, been duly authorized by the Buyer. This Agreement and has been, and, when executed, the other Transaction Documents have been Ancillary Agreements will be, duly and validly authorized, executed and delivered on behalf of the Buyer and shall constitute constitutes the legal, valid and binding obligations of the Buyer enforceable against the Buyer in accordance with their respective its terms, except as such enforceability may be limited by general principles of equity or applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.

Appears in 1 contract

Samples: Stock Purchase Agreement (Eventbrite, Inc.)

Authorization; Validity; Enforcement. The Such Buyer has the requisite power and authority to enter into and perform its obligations under this Agreement and the Transaction DocumentsRegistration Rights Agreement. The execution and delivery of this Agreement and the other Transaction Documents Registration Rights Agreement by the such Buyer and the consummation by the such Buyer of the transactions contemplated hereby and thereby have been, or when executed will be, been duly authorized by the such Buyer. This Agreement and the other Transaction Documents Registration Rights Agreement have been duly and validly authorized, executed and delivered on behalf of the such Buyer and shall constitute the legal, valid and binding obligations of the such Buyer enforceable against the such Buyer in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.

Appears in 1 contract

Samples: Securities Purchase Agreement (Acacia Research Corp)

Authorization; Validity; Enforcement. The Buyer has the requisite power and authority to enter into and perform its obligations under the Transaction Documents. The execution and delivery of this Agreement and the other Transaction Documents by the to which such Buyer is a party and the consummation by the Buyer it of the transactions contemplated hereby and thereby have been, or when executed will be, duly authorized by the Buyer. This Agreement and the other Transaction Documents have been duly and validly authorized, authorized by all necessary action on the part of such Buyer and no further consent or authorization of such Buyer or its members is required. Each Transaction Document to which such Buyer is a party has been duly and validly executed and delivered by or on behalf of the such Buyer and shall constitute constitutes the legal, valid and binding obligations of the such Buyer enforceable against the such Buyer in accordance with their respective its terms, except as such enforceability may be limited by general principles of equity or to applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.

Appears in 1 contract

Samples: Securities Purchase Agreement (Navidea Biopharmaceuticals, Inc.)

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Authorization; Validity; Enforcement. The Such Buyer has the requisite power and authority to enter into and perform its obligations under this Agreement and the Transaction DocumentsRegistration Rights Agreement. The execution and delivery of this Agreement and the other Transaction Documents Registration Rights Agreement by the each Buyer and the consummation by the such Buyer of the transactions contemplated hereby and thereby have been duly authorized by such Buyer. This Agreement has been, or and, when executed executed, the Registration Rights Agreement will be, duly authorized by the Buyer. This Agreement and the other Transaction Documents have been duly and validly authorized, executed and delivered on behalf of the each Buyer and shall constitute constitutes the legal, valid and binding obligations of the each Buyer enforceable against the each Buyer in accordance with their respective its terms, except as such enforceability may be limited by general principles of equity or applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Samples: Securities Purchase Agreement (Eastman Kodak Co)

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