Organization; Authorization; Validity of Agreement; Necessary Action. Each Company T Shareholder, as of the date hereof (i) is duly organized, validly existing and in good standing under the Laws of the jurisdiction in which it is organized (in the case of good standing, to the extent the concept is recognized by such jurisdiction) and (ii) has all corporate, limited partnership, trust or other organizational power and authority to execute and deliver this Agreement and to perform its obligations hereunder and to consummate the transactions contemplated by this Agreement. The execution and delivery by such Company T Shareholder of this Agreement, the performance by such Company T Shareholder of its obligations hereunder and the consummation by such Company T Shareholder of the transactions contemplated by this Agreement have been duly and validly authorized by such Company T Shareholder and no other actions or proceedings on the part of such Company T Shareholder are necessary to authorize the execution and delivery by him, her or it of this Agreement, the performance by him, her or it of its obligations hereunder or the consummation by him, her or it of the transactions contemplated by this Agreement. This Agreement has been duly executed and delivered by such Company T Shareholder and, assuming this Agreement constitutes a valid and binding obligation of Company Y, constitutes a legal, valid and binding agreement of such Company T Shareholder enforceable against such Company T Shareholder in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar Laws of general applicability relating to or affecting creditors’ rights and to general equity principles (the “Bankruptcy and Equity Exception”).
Appears in 6 contracts
Samples: Voting Agreement (Tudou Holdings LTD), Voting Agreement (Tudou Holdings LTD), Voting Agreement (Youku Inc.)
Organization; Authorization; Validity of Agreement; Necessary Action. Each If such Company T Y Shareholder is not a natural person, such Company Y Shareholder, as of the date hereof (i) is duly organized, validly existing and in good standing under the Laws of the jurisdiction in which it is organized (in the case of good standing, to the extent the concept is recognized by such jurisdiction) and (ii) has all corporate, limited partnership, trust or other organizational power and authority to execute and deliver this Agreement and to perform its obligations hereunder and to consummate the transactions contemplated by this Agreement. If such Company Y Shareholder is a natural person, he or she, as of the date hereof, has the legal capacity and authority to execute and deliver this Agreement and perform his or her obligations hereunder and to consummate the transactions contemplated by this Agreement. The execution and delivery by such Company T Y Shareholder of this Agreement, the performance by such Company T Y Shareholder of his, her or its obligations hereunder and the consummation by such Company T Y Shareholder of the transactions contemplated by this Agreement have been duly and validly authorized by such Company T Y Shareholder and no other actions or proceedings on the part of such Company T Y Shareholder are necessary to authorize the execution and delivery by him, her or it of this Agreement, the performance by him, her or it of its obligations hereunder or the consummation by him, her or it of the transactions contemplated by this Agreement. This Agreement has been duly executed and delivered by such Company T Y Shareholder and, assuming this Agreement constitutes a valid and binding obligation of Company YT, constitutes a legal, valid and binding agreement of such Company T Y Shareholder enforceable against such Company T Y Shareholder in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar Laws of general applicability relating to or affecting creditors’ rights and to general equity principles (the “Bankruptcy and Equity Exception”).
Appears in 6 contracts
Samples: Voting Agreement (Tudou Holdings LTD), Voting Agreement (Tudou Holdings LTD), Voting Agreement (Tudou Holdings LTD)
Organization; Authorization; Validity of Agreement; Necessary Action. Each The Company T Shareholder, as of the date hereof (i) is duly organized, validly existing and in good standing under the Laws of the jurisdiction in which it is organized (in the case of good standing, to the extent the concept is recognized by such jurisdiction) and (ii) has all corporate, limited partnership, trust or other organizational power and authority to execute and deliver this Agreement and to perform its obligations hereunder and to consummate the transactions contemplated by this Agreement. The execution and delivery by such the Company T Shareholder of this Agreement, the performance by such the Company T Shareholder of its obligations hereunder and the consummation by such the Company T Shareholder of the transactions contemplated by this Agreement have been duly and validly authorized by such the Company T Shareholder and no other actions or proceedings on the part of such the Company T Shareholder are necessary to authorize the execution and delivery by him, her or it of this Agreement, the performance by him, her or it of its obligations hereunder or the consummation by him, her or it of the transactions contemplated by this Agreement. This Agreement has been duly executed and delivered by such the Company T Shareholder and, assuming this Agreement constitutes a valid and binding obligation of Company Y, constitutes a legal, valid and binding agreement of such the Company T Shareholder enforceable against such the Company T Shareholder in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar Laws of general applicability relating to or affecting creditors’ rights and to general equity principles (the “Bankruptcy and Equity Exception”).
Appears in 6 contracts
Samples: Voting Agreement (Tudou Holdings LTD), Voting Agreement (Tudou Holdings LTD), Voting Agreement (Youku Inc.)
Organization; Authorization; Validity of Agreement; Necessary Action. Each Company T Shareholder, as of the date hereof With respect to each Stockholder that (i) is not a natural person, such Stockholder (A) is duly organized, validly existing and in good standing under the Laws laws of the jurisdiction in which it is organized (in the case of good standing, to the extent the concept is recognized by such jurisdiction) and (iiB) has all corporate, limited partnership, trust or other organizational power and authority to execute and deliver this Agreement and to perform its obligations hereunder and to consummate the transactions contemplated by this Agreement and (ii) is a natural person, he or she has the legal capacity and authority to execute and deliver this Agreement and perform his or her obligations hereunder and to consummate the transactions contemplated by this Agreement. The execution and delivery of this Agreement by such Company T Shareholder of this AgreementStockholder, the performance by such Company T Shareholder Stockholder of his, her or its obligations hereunder and the consummation by such Company T Shareholder Stockholder of the transactions contemplated by this Agreement hereby have been duly and validly authorized by such Company T Shareholder Stockholder and no other actions or proceedings on the part of such Company T Shareholder Stockholder are necessary to authorize the execution and delivery by him, her or it of this Agreement, the performance by him, her or it of its obligations hereunder or the consummation by him, her or it of the transactions contemplated by this Agreement. This Agreement has been duly executed and delivered by such Company T Shareholder Stockholder and, assuming this Agreement constitutes a valid and binding obligation of Company YParent, constitutes a legal, valid and binding agreement of such Company T Shareholder Stockholder enforceable against such Company T Shareholder Stockholder in accordance with its terms. There is no beneficiary or holder of a voting trust certificate or other interest of any trust of which such Stockholder is trustee whose consent is required for the execution and delivery of this Agreement (including the irrevocable proxy granted herein), subject to bankruptcythe performance by such Stockholder of his, insolvency, fraudulent transfer, reorganization, moratorium and similar Laws her or its obligations hereunder or the consummation by such Stockholder of general applicability relating to or affecting creditors’ rights and to general equity principles (the “Bankruptcy and Equity Exception”)transactions contemplated by this Agreement.
Appears in 5 contracts
Samples: Voting Agreement (LEP Summer Holdings LLC), Voting Agreement (LEP Summer Holdings LLC), Voting Agreement (Edelman Financial Group Inc.)
Organization; Authorization; Validity of Agreement; Necessary Action. Each If such Company T Shareholder is not a natural person, such Company T Shareholder, as of the date hereof (i) is duly organized, validly existing and in good standing under the Laws of the jurisdiction in which it is organized (in the case of good standing, to the extent the concept is recognized by such jurisdiction) and (ii) has all corporate, limited partnership, trust or other organizational power and authority to execute and deliver this Agreement and to perform its obligations hereunder and to consummate the transactions contemplated by this Agreement. If such Company T Shareholder is a natural person, he or she, as of the date hereof, has the legal capacity and authority to execute and deliver this Agreement and perform his or her obligations hereunder and to consummate the transactions contemplated by this Agreement. The execution and delivery by such Company T Shareholder of this Agreement, the performance by such Company T Shareholder of his, her or its obligations hereunder and the consummation by such Company T Shareholder of the transactions contemplated by this Agreement have been duly and validly authorized by such Company T Shareholder and no other actions or proceedings on the part of such Company T Shareholder are necessary to authorize the execution and delivery by him, her or it of this Agreement, the performance by him, her or it of its obligations hereunder or the consummation by him, her or it of the transactions contemplated by this Agreement. This Agreement has been duly executed and delivered by such Company T Shareholder and, assuming this Agreement constitutes a valid and binding obligation of Company Y, constitutes a legal, valid and binding agreement of such Company T Shareholder enforceable against such Company T Shareholder in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar Laws of general applicability relating to or affecting creditors’ rights and to general equity principles (the “Bankruptcy and Equity Exception”).
Appears in 3 contracts
Samples: Voting Agreement (Tudou Holdings LTD), Voting Agreement (Youku Inc.), Voting Agreement (Tudou Holdings LTD)
Organization; Authorization; Validity of Agreement; Necessary Action. Each If such Company T Y Shareholder is not a natural person, such Company Y Shareholder, as of the date hereof (i) is duly organized, validly existing and in good standing under the Laws of the jurisdiction in which it is organized (in the case of good standing, to the extent the concept is recognized by such jurisdiction) and (ii) has all corporate, limited partnership, trust or other organizational power and authority to execute and deliver this Agreement and to perform its obligations hereunder and to consummate the transactions contemplated by this Agreement. If such Company Y Shareholder is a natural person, he or she, as of the date hereof, has the legal capacity and authority to execute and deliver this Agreement and perform his or her obligations hereunder and to consummate the transactions contemplated by this Agreement. The execution and delivery by such Company T Y Shareholder of this Agreement, the performance by such Company T Y Shareholder of his, her or its obligations hereunder and the consummation by such Company T Y Shareholder of the transactions contemplated by this Agreement have been duly and validly authorized by such Company T Y Shareholder and no other actions or proceedings on the part of such Company T Y Shareholder are necessary to authorize the execution and delivery by him, her or it of this Agreement, the performance by him, her or it of its obligations hereunder or the consummation by him, her or it of the transactions contemplated by this Agreement. This Agreement has been duly executed and delivered by such Company T Y Shareholder and, assuming this Agreement constitutes a valid and binding obligation of Company YT, constitutes a legal, valid and binding agreement of such Company T Y Shareholder enforceable against such Company T Y Shareholder in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar Laws of general applicability relating to or affecting creditors’ ' rights and to general equity principles (the “"Bankruptcy and Equity Exception”").
Appears in 2 contracts
Samples: Voting Agreement (Youku Inc.), Voting Agreement (Tudou Holdings LTD)
Organization; Authorization; Validity of Agreement; Necessary Action. Each If such Company T Shareholder is not a natural person, such Company T Shareholder, as of the date hereof (i) is duly organized, validly existing and in good standing under the Laws of the jurisdiction in which it is organized (in the case of good standing, to the extent the concept is recognized by such jurisdiction) and (ii) has all corporate, limited partnership, trust or other organizational power and authority to execute and deliver this Agreement and to perform its obligations hereunder and to consummate the transactions contemplated by this Agreement. If such Company T Shareholder is a natural person, he or she, as of the date hereof, has the legal capacity and authority to execute and deliver this Agreement and perform his or her obligations hereunder and to consummate the transactions contemplated by this Agreement. The execution and delivery by such Company T Shareholder of this Agreement, the performance by such Company T Shareholder of his, her or its obligations hereunder and the consummation by such Company T Shareholder of the transactions contemplated by this Agreement have been duly and validly authorized by such Company T Shareholder and no other actions or proceedings on the part of such Company T Shareholder are necessary to authorize the execution and delivery by him, her or it of this Agreement, the performance by him, her or it of its obligations hereunder or the consummation by him, her or it of the transactions contemplated by this Agreement. This Agreement has been duly executed and delivered by such Company T Shareholder and, assuming this Agreement constitutes a valid and binding obligation of Company Y, constitutes a legal, valid and binding agreement of such Company T Shareholder enforceable against such Company T Shareholder in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar Laws of general applicability relating to or affecting creditors’ ' rights and to general equity principles (the “"Bankruptcy and Equity Exception”").
Appears in 2 contracts
Samples: Voting Agreement (Tudou Holdings LTD), Voting Agreement (Youku Inc.)
Organization; Authorization; Validity of Agreement; Necessary Action. Each That such Company T Y Shareholder, as of the date hereof hereof, (i) is duly organized, validly existing and in good standing under the Laws of the jurisdiction in which it is organized (in the case of good standing, to the extent the concept is recognized by such jurisdiction) and (ii) has all corporate, limited partnership, trust or other organizational power and authority to execute and deliver this Agreement and to perform its obligations hereunder and to consummate the transactions contemplated by this Agreement. The execution and delivery by such Company T Y Shareholder of this Agreement, the performance by such Company T Y Shareholder of its obligations hereunder and the consummation by such Company T Y Shareholder of the transactions contemplated by this Agreement have been duly and validly authorized by such Company T Y Shareholder and no other actions or proceedings on the part of such Company T Y Shareholder are necessary to authorize the execution and delivery by him, her or it of this Agreement, the performance by him, her or it of its obligations hereunder or the consummation by him, her or it of the transactions contemplated by this Agreement. This Agreement has been duly executed and delivered by such Company T Y Shareholder and, assuming this Agreement constitutes a valid and binding obligation of Company YT, constitutes a legal, valid and binding agreement of such Company T Y Shareholder enforceable against such Company T Y Shareholder in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar Laws of general applicability relating to or affecting creditors’ rights and to general equity principles (the “Bankruptcy and Equity Exception”).
Appears in 2 contracts
Samples: Voting Agreement (Tudou Holdings LTD), Voting Agreement (Tudou Holdings LTD)
Organization; Authorization; Validity of Agreement; Necessary Action. Each Company T Shareholder, as of the date hereof (i) is duly organized, validly existing and in good standing under the Laws of the jurisdiction in which it is organized (in the case of good standing, to the extent the concept is recognized by such jurisdiction) and (ii) has all corporate, limited partnership, trust or other organizational power and authority to execute and deliver this Agreement and to perform its obligations hereunder and to consummate the transactions contemplated by this Agreement. The execution and delivery by such Company T Shareholder of this Agreement, the performance by such Company T Shareholder of its obligations hereunder and the consummation by such Company T Shareholder of the transactions contemplated by this Agreement have been duly and validly authorized by such Company T Shareholder and no other actions or proceedings on the part of such Company T Shareholder are necessary to authorize the execution and delivery by him, her or it of this Agreement, the performance by him, her or it of its obligations hereunder or the consummation by him, her or it of the transactions contemplated by this Agreement. This Agreement has been duly executed and delivered by such Company T Shareholder and, assuming this Agreement constitutes a valid and binding obligation of Company Y, constitutes a legal, valid and binding agreement of such Company T Shareholder enforceable against such Company T Shareholder in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar Laws of general applicability relating to or affecting creditors’ ' rights and to general equity principles (the “"Bankruptcy and Equity Exception”").
Appears in 2 contracts
Samples: Voting Agreement (Tudou Holdings LTD), Voting Agreement (Youku Inc.)
Organization; Authorization; Validity of Agreement; Necessary Action. Each The Company T Shareholder, as of the date hereof (i) is duly organized, validly existing and in good standing under the Laws of the jurisdiction in which it is organized (in the case of good standing, to the extent the concept is recognized by such jurisdiction) and (ii) has all corporate, limited partnership, trust or other organizational power and authority to execute and deliver this Agreement and to perform its obligations hereunder and to consummate the transactions contemplated by this Agreement. The execution and delivery by such the Company T Shareholder of this Agreement, the performance by such the Company T Shareholder of its obligations hereunder and the consummation by such the Company T Shareholder of the transactions contemplated by this Agreement have been duly and validly authorized by such the Company T Shareholder and no other actions or proceedings on the part of such the Company T Shareholder are necessary to authorize the execution and delivery by him, her or it of this Agreement, the performance by him, her or it of its obligations hereunder or the consummation by him, her or it of the transactions contemplated by this Agreement. This Agreement has been duly executed and delivered by such the Company T Shareholder and, assuming this Agreement constitutes a valid and binding obligation of Company Y, constitutes a legal, valid and binding agreement of such the Company T Shareholder enforceable against such the Company T Shareholder in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar Laws of general applicability relating to or affecting creditors’ ' rights and to general equity principles (the “"Bankruptcy and Equity Exception”").
Appears in 2 contracts
Samples: Voting Agreement (Youku Inc.), Voting Agreement (Tudou Holdings LTD)
Organization; Authorization; Validity of Agreement; Necessary Action. Each Company T Shareholder, as of the date hereof With respect to each Stockholder that (i) is not a natural person, such Stockholder (A) is duly organized, validly existing and in good standing under the Laws laws of the jurisdiction in which it is organized (in the case of good standing, to the extent the concept is recognized by such jurisdiction) and (iiB) has all corporate, limited partnership, trust or other organizational power and authority to execute and deliver this Agreement and to perform its obligations hereunder and to consummate the transactions contemplated by this Agreement and (ii) is a natural person, he or she has the legal capacity and authority to execute and deliver this Agreement and perform his or her obligations hereunder and to consummate the transactions contemplated by this Agreement. The execution and delivery by such Company T Shareholder Stockholder of this Agreement, the performance by such Company T Shareholder Stockholder of his, her or its obligations hereunder and the consummation by such Company T Shareholder Stockholder of the transactions contemplated by this Agreement have been duly and validly authorized by such Company T Shareholder Stockholder and no other actions or proceedings on the part of such Company T Shareholder Stockholder are necessary to authorize the execution and delivery by him, her or it of this Agreement, the performance by him, her or it of its obligations hereunder or the consummation by him, her or it of the transactions contemplated by this Agreement. This Agreement has been duly executed and delivered by such Company T Shareholder Stockholder and, assuming this Agreement constitutes a valid and binding obligation of Company YParent, constitutes a legal, valid and binding agreement of such Company T Shareholder Stockholder enforceable against such Company T Shareholder Stockholder in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar Laws laws of general applicability relating to or affecting creditors’ rights and to general equity principles (regardless of whether such enforceability is considered in a proceeding in equity or at law). There is no beneficiary or holder of a voting trust certificate or other interest of any trust of which such Stockholder is trustee whose consent is required for the “Bankruptcy execution and Equity Exception”delivery of this Agreement (including the irrevocable proxy), the performance by such Stockholder of his, her or its obligations hereunder or the consummation by such Stockholder of the transactions contemplated by this Agreement.
Appears in 1 contract
Organization; Authorization; Validity of Agreement; Necessary Action. Each Company T ShareholderSuch Stockholder, as of the date hereof (i) if it is a legal entity, is duly organized, organized under the laws of its respective jurisdiction of organization and is validly existing and in good standing under the Laws laws of the jurisdiction in which it is organized (in the case of good standing, to the extent the concept is recognized by such jurisdiction) and (ii) . Such Stockholder has all corporate, limited partnership, trust or other organizational full power and authority to execute and deliver this Agreement and Agreement, to perform its obligations hereunder and to consummate the transactions contemplated by this Agreementhereby. The execution and delivery by such Company T Shareholder Stockholder, if it is a legal entity, of this Agreement, the performance by such Company T Shareholder it of its obligations hereunder and the consummation by such Company T Shareholder it of the transactions contemplated by this Agreement hereby have been duly and validly authorized by such Company T Shareholder Stockholder and no other actions or proceedings on the part of such Company T Shareholder Stockholder or any general or limited partner or stockholder thereof are necessary to authorize the execution and delivery by him, her or it of this Agreement, the performance by him, her or it of its obligations hereunder or the consummation by him, her or it of the transactions contemplated by hereby. If such Stockholder is an individual, such Stockholder has the legal capacity and all requisite power and authority to enter into this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by such Company T Shareholder each Stockholder and, assuming this Agreement constitutes a valid and binding obligation of Company YTD, constitutes a legal, valid and binding agreement obligation of such Company T Shareholder Stockholder, enforceable against such Company T Shareholder it in accordance with its terms, subject to except as enforcement may be limited by general principles of equity whether applied in a court of law or a court of equity and by bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium insolvency and similar Laws of general applicability relating to or laws affecting creditors’ rights and to general equity principles (the “Bankruptcy and Equity Exception”)remedies generally.
Appears in 1 contract
Organization; Authorization; Validity of Agreement; Necessary Action. Each Company T Shareholder, as of the date hereof With respect to each Shareholder that (i) is not a natural person, such Shareholder (A) is duly organized, validly existing and in good standing (in those jurisdictions where good standing is recognized) under the Laws laws of the jurisdiction in which it is organized (in the case of good standing, to the extent the concept is recognized by such jurisdiction) and (iiB) has all corporate, limited partnership, trust or other organizational power and authority to consummate the transactions contemplated by this Agreement and (ii) is a natural person, he or she has the legal capacity and authority to execute and deliver this Agreement and to perform its his or her obligations hereunder and to consummate the transactions contemplated by this Agreement. The execution and delivery by such Company T Shareholder of this Agreement, the performance by such Company T Shareholder of his, her or its obligations hereunder and the consummation by such Company T Shareholder of the transactions contemplated by this Agreement have been duly and validly authorized by such Company T Shareholder and no other actions or proceedings on the part of such Company T Shareholder are necessary to authorize the execution and delivery by him, her or it of this Agreement, the performance by him, her or it of his, her or its obligations hereunder or the consummation by him, her or it of the transactions contemplated by this Agreement. This Agreement has been duly executed and delivered by such Company T Shareholder and, assuming this Agreement constitutes a valid and binding obligation of Company Y, constitutes a legal, valid and binding agreement of such Company T Shareholder enforceable against such Company T Shareholder in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar Laws of general applicability relating to or affecting creditors’ rights and to general equity principles (the “Bankruptcy and Equity Exception”. There is no beneficiary or holder of a voting trust certificate or other interest of any trust of which such Shareholder is trustee whose consent is required for the execution and delivery of this Agreement (including the irrevocable proxy), the performance by such Shareholder of his, her or its obligations hereunder or the consummation by such Shareholder of the transactions contemplated by this Agreement.
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Organization; Authorization; Validity of Agreement; Necessary Action. Each Company T Shareholder, as of the date hereof With respect to each Seller Group Member that (i) is not a natural person, such Seller Group Member (A) is duly organized, validly existing and in good standing under the Laws of the jurisdiction in which it is organized (in the case of good standing, to the extent the concept is recognized by such jurisdiction) and (iiB) has all the requisite corporate, limited partnership, trust or other organizational power and authority to execute and deliver this Agreement and to perform its obligations hereunder and to consummate the transactions contemplated by this Agreement or (ii) is a natural person, he or she has the legal capacity and authority to execute and deliver this Agreement and perform his or her obligations hereunder and to consummate the transactions contemplated by this Agreement. The execution and delivery by such Company T Shareholder Seller Group Member of this Agreement, the performance by such Company T Shareholder Seller Group Member of his, her or its obligations hereunder and the consummation by such Company T Shareholder Seller Group Member of the transactions contemplated by this Agreement have been duly and validly authorized by such Company T Shareholder Seller Group Member and no other actions or proceedings on the part of such Company T Shareholder Seller Group Member are necessary to authorize the execution and delivery by him, her or it of this Agreement, the performance by him, her or it of its obligations hereunder or the consummation by him, her or it of the transactions contemplated by this Agreement. This Agreement has been duly executed and delivered by such Company T Shareholder Seller Group Member and, assuming this Agreement constitutes a valid and binding obligation of the Company Yand the Key Shareholder, constitutes a legal, valid and binding agreement of such Company T Shareholder Seller Group Member enforceable against such Company T Shareholder Seller Group Member in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar Laws of general applicability relating to or affecting creditors’ rights and to general equity principles (the “Bankruptcy and Equity Exception”)principles.
Appears in 1 contract
Samples: Voting Agreement (Qu Shawn Xiaohua)
Organization; Authorization; Validity of Agreement; Necessary Action. Each Company T Shareholder, as of the date hereof With respect to each Stockholder that (i) is not a natural person, such Stockholder (A) is duly organized, validly existing and in good standing under the Laws laws of the jurisdiction in which it is organized (in the case of good standing, to the extent the concept is recognized by such jurisdiction) and (iiB) has all corporate, limited partnership, trust or other organizational power and authority to execute and deliver this Agreement and to perform its obligations hereunder and to consummate the transactions contemplated by this Agreement and (ii) is a natural person, he or she has the legal capacity and authority to execute and deliver this Agreement and perform his or her obligations hereunder and to consummate the transactions contemplated by this Agreement. The execution and delivery by such Company T Shareholder Stockholder of this Agreement, the performance by such Company T Shareholder Stockholder of his, her or its obligations hereunder and the consummation by such Company T Shareholder Stockholder of the transactions contemplated by this Agreement have been duly and validly authorized by such Company T Shareholder Stockholder and no other actions or proceedings on the part of such Company T Shareholder Stockholder are necessary to authorize the execution and delivery by him, her or it of this Agreement, the performance by him, her or it of its obligations hereunder or the consummation by him, her or it of the transactions contemplated by this Agreement. This Agreement has been duly executed and delivered by such Company T Shareholder Stockholder and, assuming this Agreement constitutes a valid and binding obligation of the Company Yand Parent, constitutes a legal, valid and binding agreement of such Company T Shareholder Stockholder enforceable against such Company T Shareholder Stockholder in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar Laws laws of general applicability relating to or affecting creditors’ rights and to general equity principles (regardless of whether such enforceability is considered in a proceeding in equity or at law). There is no beneficiary or holder of a voting trust certificate or other interest of any trust of which such Stockholder is trustee whose consent is required for the “Bankruptcy execution and Equity Exception”delivery of this Agreement (including the irrevocable proxy), the performance by such Stockholder of his, her or its obligations hereunder or the consummation by such Stockholder of the transactions contemplated by this Agreement.
Appears in 1 contract