Common use of Incorporation; Authorization Clause in Contracts

Incorporation; Authorization. XXXX is a corporation duly incorporated and validly existing under the laws of Delaware and it has the requisite corporate power, authority and capacity to enter into this Agreement and to perform its obligations hereunder. This Agreement has been duly executed and delivered by XXXX and constitutes a legal, valid and binding agreement enforceable by the Holder against XXXX 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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