Common use of Representations and Warranties of Beacon Clause in Contracts

Representations and Warranties of Beacon. Beacon is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. Beacon has all requisite power and authority, rights and franchises to own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, and to enter into and perform this Agreement. The execution, delivery and performance of this Agreement by Beacon are within Beacon's power and have been duly authorized. This Agreement has been duly executed by Beacon and is a legally valid and binding obligation of Beacon, enforceable against Beacon in accordance with its terms, except as enforceability thereof may be affected by (i) bankruptcy, insolvency or similar laws affecting the enforcement of creditors rights generally and (ii) availability of certain equitable remedies may be limited by certain equitable principles of general applicability.

Appears in 3 contracts

Samples: Contribution Agreement (Beacon Education Management Inc), Contribution Agreement (Beacon Education Management Inc), Contribution Agreement (Beacon Education Management Inc)

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Representations and Warranties of Beacon. Beacon is a corporation limited liability company duly organizedformed, validly existing and in good standing under the laws of the State of DelawareTennessee. Beacon has all requisite power and authority, rights and franchises to own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, and to enter into and perform this Agreement. The execution, delivery and performance of this Agreement by Beacon are within Beacon's power and have been duly authorized. This Agreement has been duly executed by Beacon and is a legally valid and binding obligation of Beacon, enforceable against Beacon in accordance with its terms, except as enforceability thereof may be affected by (i) bankruptcy, insolvency or similar laws affecting the enforcement of creditors rights generally and (ii) availability of certain equitable remedies may be limited Limited by certain equitable principles of general applicability.

Appears in 1 contract

Samples: Contribution Agreement (Beacon Education Management Inc)

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Representations and Warranties of Beacon. Beacon is a corporation limited liability company duly organizedformed, validly existing and in good standing under the laws of the State of DelawareTennessee. Beacon has all requisite power and authority, rights and franchises to own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, and to enter into and perform this Agreement. The execution, delivery and performance of this Agreement by Beacon are within Beacon's power and have been duly authorized. This Agreement has been duly executed by Beacon and is a legally valid and binding obligation of Beacon, enforceable against Beacon in accordance with its terms, except as enforceability thereof may be affected by (i) bankruptcy, insolvency or similar laws affecting the enforcement of creditors rights generally and (ii) availability of certain equitable remedies may be limited by certain equitable principles of general applicability.

Appears in 1 contract

Samples: Contribution Agreement (Beacon Education Management Inc)

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