Common use of Authorized and Effective Agreement Clause in Contracts

Authorized and Effective Agreement. Buyer has all requisite corporate power and authority to enter into and to perform this Agreement. The execution and delivery of this Agreement and the consummation of the transactions contemplated by this Agreement have been duly and validly authorized by all necessary corporate action in respect thereof on the part of Buyer and its shareholders. This Agreement has been duly and validly executed and delivered by Buyer, but is subject to proxy and shareholder approval.

Authorized and Effective Agreement. Buyer Seller has all requisite corporate power and authority to enter into and to perform this Agreement. The execution and delivery of this Agreement and the consummation of the transactions contemplated by this Agreement have been duly and validly authorized by all necessary corporate action in respect thereof on the part of Buyer Seller and its shareholders. This Agreement has been duly and validly executed and delivered by BuyerSeller, but is subject to proxy and shareholder approval.

Authorized and Effective Agreement. Buyer Seller has all requisite corporate the full power and authority authority, and is duly authorized to enter into into, execute and deliver this Agreement and to perform this Agreement. The execution and delivery of this Agreement and the consummation of the transactions contemplated by this Agreement have been duly and validly authorized by all necessary corporate action in respect thereof on the part of Buyer and its shareholdersobligations hereunder. This Agreement has been duly and validly executed and delivered by Buyer, but Seller and is legally binding upon and enforceable against Seller in accordance with its terms; subject to proxy general principles of equity, and shareholder approvalapplicable bankruptcy, insolvency, reorganization or other similar laws of general application related to creditors’ rights and remedies.

Authorized and Effective Agreement. Buyer Seller has all requisite corporate the full power and authority authority, and is duly authorized to enter into into, execute and deliver this Agreement and to perform this Agreement. The execution and delivery of this Agreement and the consummation of the transactions contemplated by this Agreement have been duly and validly authorized by all necessary corporate action in respect thereof on the part of Buyer and its shareholdersobligations hereunder. This Agreement has been duly and validly executed and delivered by BuyerSeller and is legally binding upon and enforceable against Seller in accordance with its terms, but is subject except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent transfer and similar laws of general applicability relating to proxy and shareholder approvalor affecting creditors’ rights or by general equity principles.

Authorized and Effective Agreement. Buyer Seller has all requisite corporate the full power and authority authority, and is duly authorized to enter into into, execute and deliver this Agreement and to perform this Agreement. The execution and delivery of this Agreement and the consummation of the transactions contemplated by this Agreement have been duly and validly authorized by all necessary corporate action in respect thereof on the part of Buyer and its shareholdersobligations hereunder. This Agreement has been duly and validly executed and delivered by Buyer, but Seller and is legally binding upon and enforceable against Seller in accordance with its terms; subject to proxy general principles of equity, and shareholder approvalapplicable bankruptcy, insolvency, reorganization or other similar laws of general application related to creditors' rights and remedies.