Common use of Power; Authorization; Enforceability Clause in Contracts

Power; Authorization; Enforceability. (a) The Seller is duly organized and validly existing under the Laws of the jurisdiction in which it is organized. (b) The Seller has all requisite corporate (or similar) power and authority to execute and deliver this Agreement and to consummate the Share Purchase. The execution and delivery by the Seller of this Agreement and the consummation by it of the Share Purchase have been duly authorized by all necessary corporate (or similar) action on the part of the Seller. The Seller has duly executed and delivered this Agreement and, assuming due authorization, execution and delivery by the Company, this Agreement constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms (except insofar as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other Laws of general applicability relating to or affecting creditors’ rights, or by principles governing the availability of equitable remedies, whether considered in a proceeding at law or in equity).

Power; Authorization; Enforceability. (a) The Seller Company is duly organized and validly existing under the Laws of the jurisdiction in which it is organized. (b) The Seller Company has all requisite corporate (or similar) power and authority to execute and deliver this Agreement and to consummate the Share Purchase. The execution and delivery by the Seller Company of this Agreement and the consummation by it of the Share Purchase have been duly authorized by all necessary corporate (or similar) action on the part of the SellerCompany. The Seller Company has duly executed and delivered this Agreement and, assuming due authorization, execution and delivery by the CompanySeller, this Agreement constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms (except insofar as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other Laws of general applicability relating to or affecting creditors’ rights, or by principles governing the availability of equitable remedies, whether considered in a proceeding at law or in equity).

Power; Authorization; Enforceability. (a) The Seller Buyer is duly organized and organized, validly existing and in good standing under the Laws laws of the jurisdiction in which it is organized. (b) The Seller Buyer has all requisite corporate (or similar) other power and authority to execute and deliver this Agreement and to consummate the Share Stock Purchase. The execution and delivery by the Seller Buyer of this Agreement and the consummation by it of the Share Stock Purchase have been duly authorized by all necessary corporate (or similar) other organizational action on the part of the SellerBuyer. The Seller Buyer has duly executed and delivered this Agreement and, assuming due authorization, execution and delivery by the Companyother parties, this Agreement constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms (except insofar as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other Laws of general applicability relating to or affecting creditors’ rights, or by principles governing the availability of equitable remedies, whether considered in a proceeding at law or in equity).

Power; Authorization; Enforceability. (a) The Such Seller is duly organized and organized, validly existing and in good standing under the Laws laws of the jurisdiction in which it is organized. (b) The Such Seller has all requisite corporate (or similar) limited liability company power and authority to execute and deliver this Agreement and to consummate the Share Stock Purchase. The execution and delivery by the such Seller of this Agreement and the consummation by it of the Share Stock Purchase have been duly authorized by all necessary corporate (or similar) limited liability company action on the part of the such Seller. The Such Seller has duly executed and delivered this Agreement and, assuming due authorization, execution and delivery by the Companyother parties, this Agreement constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms (except insofar as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other Laws of general applicability relating to or affecting creditors’ rights, or by principles governing the availability of equitable remedies, whether considered in a proceeding at law or in equity).

Power; Authorization; Enforceability. (a) The Each Seller is duly organized and organized, validly existing and in good standing under the Laws laws of the jurisdiction in which it is organized. (b) The Each Seller has all requisite corporate (or similar) power and authority to execute and deliver this Agreement and to consummate the Share Stock Purchase. The execution and delivery by the each Seller of this Agreement and the consummation by it of the Share Stock Purchase have been duly authorized by all necessary corporate (necessary, corporate, limited liability company, trust or similar) other organizational action on the part of the such Seller. The Each Seller has duly executed and delivered this Agreement and, assuming due authorization, execution and delivery by the Companyother parties, this Agreement constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms (except insofar as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other Laws statute, law, rule or regulation (“Law”) of general applicability relating to or affecting creditors’ rights, or by principles governing the availability of equitable remedies, whether considered in a proceeding at law or in equity).