Common use of Enforceability; Authority; No Conflict Clause in Contracts

Enforceability; Authority; No Conflict. (a) This Agreement constitutes the legal, valid and binding obligation of Seller, enforceable against Seller in accordance with its terms. Upon the execution and delivery by Seller each agreement to be executed or delivered by Seller at the Closing (collectively, the “Seller’s Closing Documents”), each of Seller’s Closing Documents will constitute the legal, valid and binding obligation of Seller, enforceable against Seller in accordance with its terms. Seller has the absolute and unrestricted right, power and authority to execute and deliver this Agreement and the Seller’s Closing Documents to which it is a party and to perform its obligations under this Agreement and the Seller’s Closing Documents, and such action has been duly authorized by all necessary action by Seller’s shareholders and board of directors.

Appears in 1 contract

Samples: Asset Purchase Agreement (Acambis PLC)

AutoNDA by SimpleDocs

Enforceability; Authority; No Conflict. (a) 3.2.1 This Agreement constitutes the legal, valid and binding obligation of Seller, enforceable against Seller in accordance with its terms. Upon the execution and delivery by Seller of each other agreement to be executed or delivered by any or all of Seller at the Closing (collectively, the “Seller’s Closing Documents”), each of Seller’s Closing Documents will constitute the legal, valid and binding obligation of Seller, enforceable against Seller it in accordance with its terms. Seller has the absolute and unrestricted right, power and authority to execute and deliver this Agreement and the Seller’s Closing Documents to which it is a party and to perform its obligations under this Agreement and the Seller’s Closing Documents, and such action has been duly authorized by all necessary action by Seller’s shareholders and board of directors.

Appears in 1 contract

Samples: Asset Purchase Agreement (Golden Eagle International Inc)

Enforceability; Authority; No Conflict. (a) This Agreement constitutes the legal, valid and binding obligation of SellerSeller and each Owner, enforceable against Seller it in accordance with its terms. Upon the execution and delivery by Seller of this Agreement, and each other agreement to be executed or delivered by Seller or Owner at the Closing (collectively, the “Seller’s Seller Closing Documents”), each of Seller’s such Seller Closing Documents Document will constitute the legal, valid and binding obligation of SellerSeller and/or Owner, as applicable, enforceable against Seller it in accordance with its terms. Seller and each Owner has the absolute and unrestricted full right, power and authority to execute and deliver this Agreement and the Seller’s each Seller Closing Documents Document to which it is a party and to perform its respective obligations under this Agreement and the Seller’s Seller Closing Documents, and such action has been duly authorized by all necessary action by Seller’s shareholders and respective board of directorsdirectors (or equivalent thereof) and equity holders.

Appears in 1 contract

Samples: Asset Purchase and Contribution Agreement (Fox Factory Holding Corp)

Enforceability; Authority; No Conflict. (a) This Agreement constitutes the legal, valid and binding obligation of such Seller, enforceable against Seller in accordance with its terms. Upon the execution and delivery by Seller of the Escrow Agreement, and each other agreement to be executed or delivered by Seller at the Closing (collectively, the “Seller’s Closing Documents”), each of Seller’s Closing Documents will constitute the legal, valid and binding obligation of Seller, enforceable against Seller in accordance with its terms. Seller has the absolute and unrestricted right, power and authority to execute and deliver this Agreement and the Seller’s Closing Documents to which it is a party and to perform its obligations under this Agreement and the Seller’s Closing Documents, and such action has been duly authorized by all necessary action by Seller’s shareholders Members and board of directorsManager.

Appears in 1 contract

Samples: Asset Purchase Agreement (Mitek Systems Inc)

Enforceability; Authority; No Conflict. (a) This Agreement constitutes the legal, valid and binding obligation of Seller, Seller enforceable against Seller it in accordance with its terms. Upon the execution and delivery by Seller of each agreement to be executed or delivered by Seller at the Closing (collectively, the “Seller’s Closing Documents”), each of Seller’s Closing Documents will constitute the legal, valid and binding obligation of Seller, Seller enforceable against Seller in accordance with its terms. Seller has the absolute and unrestricted right, power and authority to execute and deliver this Agreement and the Seller’s Closing Documents to which it is a party and to perform its obligations under this Agreement and the Seller’s Closing Documents, and such action has been duly authorized by all necessary action by Seller’s shareholders and board of directors.

Appears in 1 contract

Samples: Asset Purchase Agreement (Caraustar Industries Inc)

AutoNDA by SimpleDocs

Enforceability; Authority; No Conflict. (a) This Agreement constitutes the legal, valid and binding obligation of Seller, enforceable against Seller it in accordance with its terms. Upon the execution and delivery by Seller of each agreement and certificate to be executed or and delivered by Seller at the Closing pursuant to Section 2.6(a) (collectively, the “Seller’s Closing Documents”), each of Seller’s Closing Documents will constitute the legal, valid and binding obligation of Seller, enforceable against Seller it in accordance with its terms. Seller has the absolute and unrestricted right, power and authority to execute and deliver this Agreement and the Seller’s Closing Documents to which it is a party and to perform its obligations under this Agreement and the Seller’s Closing Documents, and such action has been duly authorized by all necessary action by the Seller Stockholders and directors of Seller’s shareholders and board of directors.

Appears in 1 contract

Samples: Asset Purchase Agreement (Spindle, Inc.)

Enforceability; Authority; No Conflict. (a) This Agreement constitutes the legal, valid and binding obligation of Seller, enforceable against Seller in accordance with its terms. Upon the execution and delivery by Seller of each other agreement to be executed or delivered by Seller Seller, as applicable, at the Closing (collectively, the “Seller’s Seller Closing Documents”), each of Seller’s Seller Closing Documents will constitute the legal, valid and binding obligation of Seller, enforceable against Seller in accordance with its respective terms. Seller has the absolute and unrestricted right, power and authority to execute and deliver this Agreement and the Seller’s Seller Closing Documents to which it is a party and to perform its obligations under this Agreement and the Seller’s Seller Closing Documents, and such action has been duly authorized by all necessary action by SellerEVP’s shareholders Members and board of directorsManagers.

Appears in 1 contract

Samples: Membership Interests Purchase Agreement (Pure Earth, Inc.)

Enforceability; Authority; No Conflict. (a) This Agreement constitutes the legal, valid and binding obligation of Seller, enforceable against Seller it in accordance with its terms. Upon the execution and delivery by Seller each of any other agreement to be executed or delivered by Seller at the Closing (collectively, the “Seller’s Closing Documents”), each of Seller’s Closing Documents will constitute the legal, valid and binding obligation of Seller, enforceable against Seller it in accordance with its terms. Seller has the absolute and unrestricted right, power and authority to execute and deliver this Agreement and the Seller’s Closing Documents to which it is a party and to perform its obligations under this Agreement and the Seller’s Closing Documents, and such action has been duly authorized by all necessary action by Seller’s shareholders and board of directorsdirectors and, prior to Closing, will have been authorized by Seller’s shareholders.

Appears in 1 contract

Samples: Asset Purchase Agreement (Onelink Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.