Corporate Approval; Binding Effect. The Buyer has obtained all necessary authorizations and approvals from its Board of Directors and shareholders required for the execution and delivery of the Transaction Documents to which it is a party and the consummation of the transactions contemplated hereby and thereby. Each of the Transaction Documents to which the Buyer is a party has been duly executed and delivered by the Buyer and constitutes the legal, valid and binding obligation of the Buyer enforceable against it in accordance with its terms, except that the enforceability thereof may be limited by any applicable bankruptcy, reorganization, insolvency or other Laws affecting creditors' rights generally or by general principles of equity.
Appears in 3 contracts
Samples: Asset Purchase Agreement (Baker J Inc), Asset Purchase Agreement (Footstar Inc), Asset Purchase Agreement (Footstar Inc)
Corporate Approval; Binding Effect. The Buyer has obtained all necessary authorizations and approvals from its Board of Directors and shareholders stockholders required for the execution and delivery of the Transaction Documents to which it is a party and Buyer Agreements, the consummation of the transactions contemplated hereby and thereby. Each the issuance of the Transaction Documents to which the Purchase Shares. The Buyer is a party has Agreements have been duly executed and delivered by the Buyer and each constitutes the legal, valid and binding obligation of the Buyer Buyer, enforceable against it the Buyer in accordance with its terms, except that the as enforceability thereof may be limited by any applicable bankruptcy, reorganization, insolvency or other Laws laws affecting creditors' rights generally or by general principles of equity.
Appears in 1 contract
Samples: Acquisition Agreement (Origin Investment Group Inc)
Corporate Approval; Binding Effect. The Buyer has obtained all necessary authorizations and approvals from its Board of Directors and shareholders required for the execution and delivery of the Transaction Documents to which it is a party and the consummation of the transactions contemplated hereby and thereby. Each of the Transaction Documents to which the Buyer is a party has been duly executed and delivered by the Buyer Buyer, and constitutes the legal, valid and binding obligation of the Buyer Buyer, enforceable against it Buyer in accordance with its terms, except that the as enforceability thereof may be limited by any applicable bankruptcy, reorganization, insolvency or other Laws laws affecting creditors' β rights generally or by general principles of equity.
Appears in 1 contract
Corporate Approval; Binding Effect. The Buyer has obtained all necessary authorizations and approvals from its Board of Directors and shareholders required for the execution and delivery of the Transaction Documents to which it is a party and the consummation of the transactions contemplated hereby and thereby. Each of the Transaction Documents to which the Buyer is a party has been duly executed and delivered by the Buyer and constitutes the legal, valid and binding obligation of the Buyer Buyer, enforceable against it the Buyer in accordance with its terms, except that the as enforceability thereof may be limited by any applicable bankruptcy, reorganization, insolvency or other Laws laws affecting creditors' β rights generally or by general principles of equity.
Appears in 1 contract
Samples: Asset Purchase Agreement (Bos Better Online Solutions LTD)