Common use of Power; Authorization Clause in Contracts

Power; Authorization. Such Investor has all requisite power and authority to execute and deliver this Agreement. This Agreement, when executed and delivered by such Investor, will constitute a valid and legally binding obligation of such Investor, enforceable in accordance with its respective terms, except as: (a) limited by applicable bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting enforcement of creditors’ rights generally; and (b) limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies.

Appears in 10 contracts

Samples: Note and Warrant Purchase Agreement (Miso Robotics, Inc.), Senior Secured Promissory Note (Miso Robotics, Inc.), Senior Secured Promissory Note (Miso Robotics, Inc.)

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Power; Authorization. Such Investor has all requisite power and authority to execute and deliver this Agreement. This Agreement, when executed and delivered by such Investor, will constitute a valid and legally binding obligation obligations of such Investor, enforceable in accordance with its respective terms, except as: (ai) as limited by applicable bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting enforcement of creditors’ rights generally; generally and (bii) as limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies.

Appears in 4 contracts

Samples: Common Stock and Warrant Purchase Agreement (Akesis Pharmaceuticals, Inc.), Securities Purchase Agreement (Akesis Pharmaceuticals, Inc.), Common Stock and Warrant Purchase Agreement (Akesis Pharmaceuticals, Inc.)

Power; Authorization. Such The Investor has all requisite power and authority to execute and deliver this Agreement. This Agreement, when executed and delivered by such the Investor, will constitute a valid and legally binding obligation obligations of such the Investor, enforceable in accordance with its respective terms, except as: (ai) as limited by applicable bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting enforcement of creditors’ rights generally; generally and (bii) as limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies.

Appears in 1 contract

Samples: Securities Purchase Agreement (Akesis Pharmaceuticals, Inc.)

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Power; Authorization. Such Investor has all requisite power and authority to execute and deliver this Agreement. This Agreement, when executed and delivered by such Investor, will constitute a valid and legally binding obligation of such Investor, enforceable in accordance with its respective terms, except as: (ai) as limited by applicable bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting enforcement of creditors’ rights generally; , and (bii) as limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies.

Appears in 1 contract

Samples: Convertible Note and Warrant Purchase Agreement (Capnia, Inc.)

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