Common use of Execution; Validity of Agreement; Due Authorization Clause in Contracts

Execution; Validity of Agreement; Due Authorization. This Agreement and each other Transaction Agreement to which the Purchaser is a party has been duly executed and delivered by the Purchaser and this Agreement and each other Transaction Agreement to which the Purchaser is a party constitutes a legal, valid and binding obligation of the Purchaser, enforceable against the Purchaser in accordance with its respective terms. The execution and delivery of this Agreement by the Purchaser and the performance by the Purchaser of its obligations hereunder have been duly authorized by all necessary corporate action on the part of the Purchaser.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Viggle Inc.), Asset Purchase Agreement (MGT Capital Investments Inc), Asset Purchase Agreement (MGT Capital Investments Inc)

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