Corporate Power and Authority; Enforceability. The Company has the corporate power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. This Agreement constitutes the legal, valid, and binding obligation of the Company, and is enforceable against the Company in accordance with its terms.
Appears in 2 contracts
Samples: Confidentiality Agreement (Nexxus Lighting, Inc.), Exchange Agreement (Super Vision International Inc)
Corporate Power and Authority; Enforceability. The Company has the corporate power and authority to execute and deliver this AgreementAgreement and each of the other Transaction Documents to which the Company is a party, to perform its obligations hereunder and thereunder and to consummate the transactions contemplated herebyhereby and thereby. This Agreement constitutes and the other Transaction Documents to which the Company is a party constitute the legal, valid, and binding obligation of the Company, and is enforceable against the Company in accordance with its their respective terms.
Appears in 2 contracts
Samples: Preferred Stock Exchange Agreement, Confidentiality Agreement (Nexxus Lighting, Inc.)
