Common use of Due Authorization; Binding Agreement Clause in Contracts

Due Authorization; Binding Agreement. This Agreement has been duly executed and delivered on behalf of such Party and constitutes a legal, valid and binding obligation of such Party and is enforceable against it in accordance with the terms hereof subject to the effects of bankruptcy, insolvency or other laws of general application affecting the enforcement of creditor rights and judicial principles affecting the availability of specific performance and general principles of equity, whether enforceability is considered a proceeding at law or equity.

Appears in 4 contracts

Samples: License Agreement (VBI Vaccines Inc/Bc), Collaboration and License Agreement (VBI Vaccines Inc/Bc), License Agreement (AN2 Therapeutics, Inc.)

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Due Authorization; Binding Agreement. The execution, delivery and performance of this Agreement and the Related Documents by such Party have been duly authorized by all necessary corporate or organizational action. This Agreement has been duly executed and delivered the Related Documents are legal and valid obligations binding on behalf of such Party and constitutes a legal, valid and binding obligation of such Party and is enforceable against it in accordance with the their respective terms hereof subject to the effects of bankruptcy, insolvency or other laws of general application affecting the enforcement of creditor rights and judicial principles affecting the availability of specific performance and general principles of equity, whether enforceability is considered a in the proceeding at law or equity.

Appears in 4 contracts

Samples: Transaction Agreement, Supply Agreement (Arena Pharmaceuticals Inc), Transaction Agreement (Arena Pharmaceuticals Inc)

Due Authorization; Binding Agreement. This Each of the parties to this Agreement represents that this Agreement has been duly authorized, executed and delivered on behalf of by such Party party and constitutes a the legal, valid and binding obligation of such Party and is party enforceable against it in accordance with the terms hereof subject its terms. This Agreement shall be binding upon and inure to the effects benefit of bankruptcythe parties hereto and their respective Estates, insolvency or other laws of general application affecting the enforcement of creditor rights heirs, executors, legal representatives, successors and judicial principles affecting the availability of specific performance and general principles of equity, whether enforceability is considered a proceeding at law or equitypermitted assigns.

Appears in 2 contracts

Samples: Stockholders Agreement (Silgan Holdings Inc), Stockholders Agreement (Silgan Holdings Inc)

Due Authorization; Binding Agreement. This Each of the parties to this ------------------------------------ Agreement represents that this Agreement has been duly authorized, executed and delivered on behalf of by such Party party and constitutes a the legal, valid and binding obligation of such Party and is party enforceable against it in accordance with the terms hereof subject its terms. This Agreement shall be binding upon and inure to the effects benefit of bankruptcythe parties hereto and their respective Estates, insolvency or other laws of general application affecting the enforcement of creditor rights heirs, executors, legal representatives, successors and judicial principles affecting the availability of specific performance and general principles of equity, whether enforceability is considered a proceeding at law or equitypermitted assigns.

Appears in 1 contract

Samples: Stockholders Agreement (Silgan Holdings Inc)

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Due Authorization; Binding Agreement. This Each of the parties to this Agreement represents that this Agreement has been duly authorized, executed and delivered on behalf of by such Party party and constitutes a the legal, valid and binding obligation of such Party and is party enforceable against it in accordance with its terms. Neither this Agreement nor any rights or obligations hereunder shall be assigned by any party without the terms hereof subject prior written consent of the other party. This Agreement shall be binding upon and inure to the effects benefit of bankruptcy, insolvency or other laws of general application affecting the enforcement of creditor rights parties hereto and judicial principles affecting the availability of specific performance their respective successors and general principles of equity, whether enforceability is considered a proceeding at law or equitypermitted assigns.

Appears in 1 contract

Samples: Stockholders Agreement (Silgan Holdings Inc)

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