Common use of Corporate Authorization; Enforceability Clause in Contracts

Corporate Authorization; Enforceability. The execution, delivery and performance by the Company of this Agreement is within the Company's corporate powers and has been duly authorized by all necessary corporate action on the part of the Company. This Agreement constitutes a valid and binding agreement of the Company, enforceable against the Company in accordance with its terms, except as enforceability may be affected by bankruptcy, insolvency, moratorium or other similar laws.

Appears in 2 contracts

Samples: Redemption Agreement (Childrens Place Retail Stores Inc), Redemption Agreement (Childrens Place Retail Stores Inc)

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

Appears in 2 contracts

Samples: Form of Share Cancellation Agreement (Makkanotti Group Corp.), Cancellation and Transfer Agreement (TabacaleraYsidron, Inc.)

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

Appears in 1 contract

Samples: Spinoff Agreement (Eclips Media Technologies, Inc.)

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Corporate Authorization; Enforceability. The execution, delivery and performance by the Company of this Agreement is within the Company's its corporate powers and has been duly authorized by all necessary corporate action on the part of the Company, including authorization by its full Board of Directors. This Agreement has been duly executed and delivered by Company and constitutes a the valid and binding agreement obligation of the Company, enforceable against the Company in accordance with its terms, except as to the extent that its enforceability may be affected by subject to applicable bankruptcy, insolvency, reorganization, moratorium or other and similar lawsLaws affecting the enforcement of creditors’ rights generally and by general equitable principles.

Appears in 1 contract

Samples: Stock Purchase Agreement (Genesis Fluid Solutions Holdings, Inc.)

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