Power and Authority; Execution and Delivery. Each Stockholder that is not a natural person is a limited partnership or corporation duly organized, validly existing and in good standing under the laws of the State of its organization. The Stockholder has all requisite partnership, corporate or individual, as applicable, power and authority to execute and deliver this Agreement and to consummate the transactions contemplated hereby, and has taken all necessary action to authorize the execution, delivery and performance of this Agreement. This Agreement has been duly executed and delivered by the Stockholder and constitutes a valid and binding obligation of the Stockholder, enforceable against the Stockholder in accordance with its terms.
Appears in 3 contracts
Samples: Stockholder Tender Agreement (National Discount Brokers Group Inc), Stockholder Tender Agreement (Deutsche Bank Ag\), Stockholder Tender Agreement (Deutsche Bank Ag\)
Power and Authority; Execution and Delivery. Each Stockholder that is not a natural person is a limited partnership or corporation duly organized, validly existing and in good standing under the laws of the State of its organizationDelaware. The Stockholder has all requisite partnership, corporate or individual, as applicable, power and authority to execute and deliver this Agreement and to consummate the transactions contemplated hereby, and has taken all necessary action to authorize the execution, delivery and performance of this Agreement. This Agreement has been duly executed and delivered by the Stockholder and constitutes a valid and binding obligation of the Stockholder, enforceable against the Stockholder in accordance with its terms.
Appears in 2 contracts
Samples: And Option Agreement (Bordeaux Acquisition Corp), Voting and Option Agreement (TPG Partners Lp)
