Common use of Due Organization, Authorization, etc Clause in Contracts

Due Organization, Authorization, etc. Stockholder has all requisite power and capacity to execute and deliver this Agreement and to perform Stockholder's obligations hereunder. This Agreement has been duly executed and delivered by Stockholder and constitutes a legal, valid and binding obligation of Stockholder, enforceable against Stockholder in accordance with its terms, subject to (i) laws of general application relating to bankruptcy, insolvency and the relief of debtors, and (ii) rules of law governing specific performance, injunctive relief and other equitable remedies.

Appears in 4 contracts

Samples: Voting Agreement (Onsale Inc), Voting Agreement (Egghead Com Inc), Voting Agreement (Egghead Com Inc)

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Due Organization, Authorization, etc. Stockholder has all requisite power and capacity to execute and deliver this Agreement and to perform consummate the transactions contemplated hereby. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by all necessary action on the part of Stockholder's obligations hereunder. This Agreement has been duly executed and delivered by or on behalf of Stockholder and, assuming its due authorization, execution and delivery by Concentric, constitutes a legal, valid and binding obligation of Stockholder, enforceable against Stockholder in accordance with its terms, subject to (i) laws of general application relating to bankruptcy, insolvency and the relief of debtors, and (ii) rules of law governing specific performance, injunctive relief and other equitable remedies.

Appears in 2 contracts

Samples: Merger Agreement (Concentric Network Corp), Merger Agreement (Nextlink Communications Inc /De/)

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Due Organization, Authorization, etc. Stockholder has all requisite ------------------------------------- power and capacity to execute and deliver this Voting Agreement and to perform Stockholder's his obligations hereunder. This Voting Agreement has been duly executed and delivered by Stockholder and constitutes a legal, valid and binding obligation of Stockholder, enforceable against Stockholder in accordance with its terms, subject to (i) laws of general application relating to bankruptcy, insolvency and the relief of debtors, and (ii) rules of law governing specific performance, injunctive relief and other equitable remedies.

Appears in 1 contract

Samples: Voting Agreement (Gateway Co Inc)

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