Common use of Incorporation; Authorization Clause in Contracts

Incorporation; Authorization. The Holder has all necessary power, authority, capacity and right to enter into this Agreement and to carry out each of its obligations under this Agreement. This Agreement has been duly executed and delivered by the Holder and, assuming due authorization, execution and delivery by XXXX, constitutes a legal, valid and binding agreement enforceable by XXXX against the Holder in accordance with its terms, subject, however, to limitations with respect to enforcement imposed by law in connection with bankruptcy, insolvency, reorganization or other laws affecting creditors’ rights generally and to the extent that equitable remedies such as specific performance and injunctions are only available in the discretion of the court from which they are sought.

Appears in 4 contracts

Samples: Merger Agreement (Akerna Corp.), Akerna Corp., Akerna Corp.

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