Common use of Authorization; Validity of Agreement; Necessary Action Clause in Contracts

Authorization; Validity of Agreement; Necessary Action. The Shareholder has full power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Shareholder and constitutes a valid and binding obligation of the Shareholder, enforceable against it in accordance with its terms.

Appears in 8 contracts

Samples: Voting Agreement (United States Exploration Inc), Voting Agreement (United States Exploration Inc), Voting Agreement (United States Exploration Inc)

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Authorization; Validity of Agreement; Necessary Action. The Shareholder has full power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Shareholder and constitutes a valid and binding obligation of the Shareholder, enforceable against it in accordance with its termsterms (except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and general equitable principles).

Appears in 4 contracts

Samples: Securities Purchase Agreement (Institutional Financial Markets, Inc.), Securities Purchase Agreement (Institutional Financial Markets, Inc.), Voting Agreement (Institutional Financial Markets, Inc.)

Authorization; Validity of Agreement; Necessary Action. The Shareholder has full power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Shareholder and, assuming this Agreement constitutes a valid and binding obligation of A, constitutes a valid and binding obligation of the Shareholder, enforceable against it in accordance with its termsterms (except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and to general equity principles).

Appears in 4 contracts

Samples: Voting and Support Agreement (Roney Glen E), Voting and Support Agreement (Texas Regional Bancshares Inc), Voting and Support Agreement (Texas Regional Bancshares Inc)

Authorization; Validity of Agreement; Necessary Action. The Shareholder has full power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Shareholder and, assuming this Agreement constitutes a valid and binding obligation of the Company and complies with all applicable laws, constitutes a valid and binding obligation of the Shareholder, enforceable against it in accordance with its termsterms (except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally or by general equity principles).

Appears in 2 contracts

Samples: Voting and Sell Down Agreement (ConnectOne Bancorp, Inc.), Voting and Sell Down Agreement (ConnectOne Bancorp, Inc.)

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Authorization; Validity of Agreement; Necessary Action. The Shareholder has full power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Shareholder and constitutes a valid and binding obligation of the Shareholder, enforceable against it in accordance with its termsterms (except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and to general equity principles).

Appears in 1 contract

Samples: Merger Agreement (Paxar Corp)

Authorization; Validity of Agreement; Necessary Action. The Such Shareholder has full all necessary legal capacity, right, power and authority to execute and deliver this Agreement, to perform its obligations hereunder Agreement and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Shareholder and or on behalf of such Shareholder, and, assuming this Agreement constitutes a valid and binding obligation obligations of each of the Seller and the Purchaser, constitutes valid and binding obligations of such Shareholder, enforceable against it such Shareholder in accordance with its terms.

Appears in 1 contract

Samples: Stock Purchase Agreement (Zoltek Companies Inc)

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