Common use of Due Authorization; Due Execution; No Conflicts Clause in Contracts

Due Authorization; Due Execution; No Conflicts. This Agreement has been duly executed and delivered by the Seller and is the valid and binding obligation of the Seller, enforceable in accordance with its terms. The execution, delivery and performance by the Seller of this Agreement does not (a) violate any provision of law, statute, rule or regulation applicable to the Seller or any ruling, writ, injunction, order, judgment or decree of any court, administrative agency or other governmental body applicable to the Seller or (b) conflict with or result in any breach of any of the terms, conditions or provisions of, or constitute (with due notice or lapse of time or both) a default (or give rise to any right of termination, cancellation or acceleration) under, or result in the creation of, any lien, security interest, charge or encumbrance upon any of the properties or assets of the Seller under any note, indenture, mortgage, lease agreement, or other agreement, contract or instrument to which the Seller is a party or by which the Seller’s property is bound or affected.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Opko Health, Inc.), Securities Purchase Agreement (Frost Gamma Investments Trust), Securities Purchase Agreement (Frost Gamma Investments Trust)

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Due Authorization; Due Execution; No Conflicts. This Agreement has been duly executed and delivered by the such Seller and is the valid and binding obligation of the such Seller, enforceable in accordance with its terms. The execution, delivery and performance by the such Seller of this Agreement does not (a) violate any provision of law, statute, rule or regulation applicable to the such Seller or any ruling, writ, injunction, order, judgment or decree of any court, administrative agency or other governmental body applicable to the such Seller or (b) conflict with or result in any breach of any of the terms, conditions or provisions of, or constitute (with due notice or lapse of time or both) a default (or give rise to any right of termination, cancellation or acceleration) under, or result in the creation of, any lien, security interest, charge or encumbrance upon any of the properties or assets of the such Seller under any note, indenture, mortgage, lease agreement, or other agreement, contract or instrument to which the such Seller is a party or by which the such Seller’s property is bound or affected.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Frost Gamma Investments Trust), Securities Purchase Agreement (Hsiao Jane Ph D)

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Due Authorization; Due Execution; No Conflicts. This Agreement has been duly executed and delivered by the Seller and is the valid and binding obligation of the such Seller, enforceable in accordance with its terms. The execution, delivery and performance by the Seller of this Agreement by Seller does not (a) violate any provision of law, statute, rule or regulation applicable to the Seller or any ruling, writ, injunction, order, judgment or decree of any court, administrative agency or other governmental body applicable to the Seller or (b) conflict with or result in any breach of any of the terms, conditions or provisions of, or constitute (with due notice or lapse of time or both) a default (or give rise to any right of termination, cancellation or acceleration) under, or result in the creation of, any lien, security interest, charge or encumbrance upon any of the properties or assets of the Seller under any note, indenture, mortgage, lease agreement, or other agreement, contract or instrument to which the Seller is a party or by which the Seller’s property is bound or affected.

Appears in 1 contract

Samples: Stock Repurchase & Lock Up Agreement (Hemisphere Media Group, Inc.)

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