Common use of Corporate Approval; Binding Effect Clause in Contracts

Corporate Approval; Binding Effect. The Buyer has obtained all necessary authorizations and approvals required for the execution and delivery of this Agreement and the Escrow Agreement and the consummation of the transactions contemplated hereby and thereby. Each of this Agreement and the Escrow 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, except to the extent such enforceability is subject to the effect of any applicable bankruptcy, insolvency, reorganization, moratorium or other law affecting or relating to creditors' rights generally and general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law).

Corporate Approval; Binding Effect. The Buyer has obtained all necessary authorizations and approvals required for the execution and delivery of this Agreement and the Escrow Agreement and the consummation of the transactions contemplated hereby and therebyhereby. Each of this Agreement and the Escrow 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, except to the extent such enforceability is subject to the effect of any applicable bankruptcy, insolvency, reorganization, moratorium or other law Law affecting or relating to creditors' ’ rights generally and general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law).

Corporate Approval; Binding Effect. The Buyer has obtained all necessary authorizations and approvals required for the execution and delivery of this Agreement and the Escrow Agreement and the consummation of the transactions contemplated hereby and therebyhereby. Each of this Agreement and the Escrow 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, except to the extent such enforceability is subject to the effect of any applicable bankruptcy, insolvency, reorganization, moratorium or other law affecting or relating to creditors' ’ rights generally and general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law).

Corporate Approval; Binding Effect. The Buyer Each of the Buyers has obtained all necessary authorizations and approvals from its Board of Directors required for the execution and delivery of this Agreement and the Escrow Agreement and the consummation of the transactions contemplated hereby and thereby. Each of this Agreement and the Escrow This Agreement has been duly executed and delivered by the Buyer Buyers and constitutes the legal, valid and binding obligation of the Buyer, Buyers enforceable against the Buyer Buyers in accordance with its terms, except to as the extent such enforceability is subject to the effect of any same may be limited by applicable bankruptcy, insolvency, reorganization, moratorium reorganization or other law laws affecting or relating to the enforcement of creditors' rights generally and the application of general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law)equity.