Common use of Authorizations; Enforceability Clause in Contracts

Authorizations; Enforceability. (a) Each Seller has all necessary corporate power and authority to enter into, execute and deliver this Agreement and the other Transaction Documents and to perform all of the obligations to be performed by it hereunder and thereunder and to consummate the transactions contemplated hereunder and thereunder. None of the execution and delivery by any Seller of the Transaction Documents, the performance by any Seller of any of the obligations to be performed by it hereunder or thereunder, or the consummation by any Seller of any of the transactions contemplated hereby or thereby, will require any notice to, action, approval or consent by, or in respect of, or filing or registration with, any Governmental Authority or other Person, except filings necessary to perfect Liens created by the Transaction Documents.

Appears in 3 contracts

Samples: Protective Rights Agreement (Healthcare Royalty, Inc.), Protective Rights Agreement (Healthcare Royalty, Inc.), Royalty Interest Acquisition Agreement (Aviragen Therapeutics, Inc.)

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Authorizations; Enforceability. (a) Each Seller has all necessary corporate legal power and authority to enter into, execute and deliver this Agreement and the other Transaction Documents and to perform all of the obligations to be performed by it hereunder and thereunder and to consummate the transactions contemplated hereunder and thereunder. None of the execution and delivery by any Seller of the Transaction Documents, the performance by any Seller of any of the obligations to be performed by it hereunder or thereunder, or the consummation by any Seller of any of the transactions contemplated hereby or thereby, will require any notice to, action, approval or consent by, or in respect of, or filing or registration with, any Governmental Authority or other Person, except (i) the Licensee Consent and (ii) any filings necessary to perfect Liens created by the Transaction Documents.

Appears in 1 contract

Samples: Royalty Interest Acquisition Agreement (Albireo Pharma, Inc.)

Authorizations; Enforceability. (a) Each Seller has all necessary corporate power and authority to enter into, execute and deliver this Agreement and the other Transaction Documents and to perform all of the obligations to be performed by it hereunder and thereunder and to consummate the transactions contemplated hereunder and thereunder. None of the execution and delivery by any Seller of the Transaction Documents, the performance by any Seller of any of the obligations to be performed by it hereunder or thereunder, or the consummation by any Seller of any of the transactions contemplated hereby or thereby, will require any notice to, action, approval or consent by, or in respect of, or filing or registration with, any Governmental Authority or other Person, except filings in the United States necessary to perfect Liens created by the Transaction DocumentsDocuments as identified on Schedule 3.02(a).

Appears in 1 contract

Samples: Royalty Interest Acquisition Agreement (Supernus Pharmaceuticals Inc)

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Authorizations; Enforceability. (a) Each Seller has all necessary corporate power and authority to enter into, execute and deliver this Agreement and the other Transaction Documents and to perform all of the obligations to be performed by it hereunder and thereunder and to consummate the transactions contemplated hereunder and thereunder. None of the execution and delivery by any Seller of the Transaction Documents, the performance by any Seller of any of the obligations to be performed by it hereunder or thereunder, or the consummation by any Seller of any of the transactions contemplated hereby or thereby, will require any notice to, action, approval or consent by, or in respect of, or filing or registration with, any Governmental Authority or other Person, except those that have already been obtained and copies of which have been provided to the Buyer, and filings necessary to perfect Liens created by the Transaction Documents.

Appears in 1 contract

Samples: Royalty Interest Acquisition Agreement (Akebia Therapeutics, Inc.)

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