Common use of Corporate Authorization; Enforceability Clause in Contracts

Corporate Authorization; Enforceability. The execution, delivery and performance by Buyer of this Agreement are within Buyer's corporate powers and have been duly authorized by all necessary corporate action on the part of Buyer. This Agreement has been duly executed and delivered by Buyer and constitutes the valid and binding agreement of Buyer, enforceable against Buyer in accordance with its terms, except to the extent that its enforceability may be subject to applicable bankruptcy, insolvency, reorganization, moratorium and similar laws affecting the enforcement of creditors' rights generally and by general equitable principles.

Appears in 2 contracts

Samples: Stock Purchase Agreement (American Lawyer Media Inc), Stock Purchase Agreement (American Lawyer Media Inc)

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Corporate Authorization; Enforceability. The execution, delivery and performance by each Buyer of this Agreement are within such Buyer's ’s corporate powers and have been duly authorized by all necessary corporate action on the part of such Buyer. This Agreement has been duly executed and delivered by each Buyer and constitutes the valid and binding agreement of each Buyer, enforceable against such Buyer in accordance with its terms, except to the extent that its enforceability may be subject to applicable bankruptcy, insolvency, reorganization, moratorium and similar laws Laws affecting the enforcement of creditors' rights generally and by general equitable principles.

Appears in 1 contract

Samples: Purchase Agreement (American Lawyer Media Inc)

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Corporate Authorization; Enforceability. The Buyer has all requisite power and authority to execute and deliver this Agreement and to consummate the transactions contemplated hereby and has taken all necessary corporate or other action to authorize the execution, delivery and performance by Buyer of this Agreement are within Buyer's corporate powers and have been duly authorized by all necessary corporate action on the part of BuyerAgreement. This Agreement has been duly executed and delivered by Buyer and constitutes the valid and binding agreement of Buyer, enforceable against Buyer in accordance with its terms, except to the extent that its their enforceability may be subject to applicable bankruptcy, insolvency, reorganization, moratorium and similar laws Laws affecting the enforcement of creditors' rights generally and by general equitable principles.

Appears in 1 contract

Samples: Asset Purchase Agreement (American Lawyer Media Inc)

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