Matters Relating to the Business Contribution Member. The Business Contribution Member has all requisite corporate power and authority to execute and deliver this Agreement and each of the Related Agreements to which it is a party and to perform fully its obligations hereunder and thereunder. The execution and delivery of this Agreement, the Related Agreements and the consummation of the transactions contemplated hereby and thereby have been duly authorized by all necessary corporate action on the part of the Business Contribution Member. This Agreement and each of the Related Agreements to which the Business Contribution Member is a party has been duly executed and delivered by the Business Contribution Member, and this Agreement and each of the Related Agreements to which the Business Contribution Member is a party constitute the legal, valid and binding obligations of the Business Contribution Member, enforceable against the Business Contribution Member in accordance with their respective terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws now or hereafter in effect relating to creditors' rights and remedies generally and subject, as to enforceability, to general principles of equity (regardless of whether enforceability is considered in a proceeding at law or in equity).
Appears in 7 contracts
Samples: Agreement (Dispatch Management Services Corp), Agreement (Dispatch Management Services Corp), Agreement (Dispatch Management Services Corp)
Matters Relating to the Business Contribution Member. The Business Contribution Member has all requisite corporate power and authority to execute and deliver this Agreement and each of the Related Agreements to which it is a party and to perform fully its obligations hereunder and thereunder. The execution and delivery of this Agreement, the Related Agreements and the consummation of the transactions contemplated hereby and thereby have been duly authorized by all necessary corporate action on the part of the Business Contribution Member. This Agreement and each of the Related Agreements to which the Business Contribution Member is a party has been duly executed and delivered by the Business Contribution Member, and this Agreement and each of the Related Agreements to which the Business Contribution Member is a party constitute the legal, valid and binding obligations of the Business Contribution Member, enforceable against the Business Contribution Member in accordance with their respective terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws now or hereafter in effect relating to creditors' rights and remedies generally and subject, as to enforceability, to general principles of equity (regardless of whether enforceability is considered in a proceeding at law or in equity).
Appears in 3 contracts
Samples: Agreement (Dispatch Management Services Corp), Agreement (Dispatch Management Services Corp), Agreement (Dispatch Management Services Corp)
Matters Relating to the Business Contribution Member. The Business Contribution Member has all requisite corporate power and authority to execute and deliver this Agreement and each of the Related Agreements to which it he is a party and to perform fully its his obligations hereunder and thereunder. The execution and delivery of this Agreement, the Related Agreements and the consummation of the transactions contemplated hereby and thereby have been duly authorized by all necessary corporate action on the part of the Business Contribution Member. This Agreement and each of the Related Agreements to which the Business Contribution Member is a party has been duly executed and delivered by the Business Contribution Member, and this Agreement and each of the Related Agreements to which the Business Contribution Member is a party constitute the legal, valid and binding obligations of the Business Contribution Member, enforceable against the Business Contribution Member in accordance with their respective terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws now or hereafter in effect relating to creditors' rights and remedies generally and subject, as to enforceability, to general principles of equity (regardless of whether enforceability is considered in a proceeding at law or in equity).
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