Common use of Corporate Approval; Binding Effect Clause in Contracts

Corporate Approval; Binding Effect. The Buyer has obtained all ---------------------------------- necessary corporate authorizations and approvals required for the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Buyer and constitutes the legal, valid and binding obligation of the Buyer, enforceable against the Buyer in accordance with its terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Mangosoft Inc)

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Corporate Approval; Binding Effect. The Buyer has obtained all ---------------------------------- necessary corporate authorizations and approvals required for the execution and delivery of this Agreement and the other documents, instruments or agreements to be executed and delivered by it in connection herewith, and the consummation of the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Buyer and constitutes constitutes, the legal, valid and binding obligation of the Buyer, enforceable against the Buyer in accordance with its terms.

Appears in 1 contract

Samples: Foreclosure Agreement (Colonial Commercial Corp)

Corporate Approval; Binding Effect. The Buyer has obtained all ---------------------------------- necessary corporate authorizations and approvals required for the execution and delivery of this Agreement and the Notes and the consummation of the transactions contemplated herebyhereby (other than any approvals required to be obtained by Buyer from its bank or other lending institution). This Agreement has been duly executed and delivered by the Buyer and constitutes constitutes, and the Notes when executed and delivered will constitute, the legal, valid and binding obligation of the Buyer, enforceable against the Buyer in accordance with its terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Premier Research Worldwide LTD)

Corporate Approval; Binding Effect. The Buyer has obtained all ---------------------------------- necessary corporate authorizations and approvals required for the execution and delivery of this Agreement and the consummation of the transactions contemplated herebyAgreement. This Agreement has been duly executed and delivered by the Buyer and constitutes the legal, valid and binding obligation obligations of the Buyer, enforceable against the Buyer in accordance with its terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Converse Inc)

Corporate Approval; Binding Effect. The Buyer has obtained all ---------------------------------- necessary corporate authorizations and approvals required for the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Buyer and constitutes the legal, valid and binding obligation of the Buyer, enforceable against the Buyer in accordance with its terms.

Appears in 1 contract

Samples: Master Lease Agreement (Sheridan Group Inc)

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Corporate Approval; Binding Effect. The Buyer has obtained all ---------------------------------- necessary corporate authorizations and approvals from its board of directors and stockholders required for the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Buyer and constitutes the legal, valid and binding obligation of the Buyer, enforceable against the Buyer in accordance with its terms.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ply Gem Industries Inc)

Corporate Approval; Binding Effect. The Buyer Purchaser has obtained all ---------------------------------- necessary corporate authorizations and approvals from its Board of Directors required for the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Buyer Purchaser and constitutes the legal, valid and binding obligation of the BuyerPurchaser, enforceable against the Buyer Purchaser in accordance with its terms.

Appears in 1 contract

Samples: Agreement (Factory Card Outlet Corp)

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