Common use of Representations and Warranties of Parent, BV Sub and Merger Sub Clause in Contracts

Representations and Warranties of Parent, BV Sub and Merger Sub. Parent and Merger Sub hereby represent and warrant to the Stockholder as follows: (a) Parent, BV Sub and Merger Sub have the corporate power and authority to enter into and perform all of their respective obligations under this Agreement. This Agreement has been duly and validly executed and delivered by Parent, BV Sub and Merger Sub and constitutes a valid and binding agreement of each of them, enforceable against them in accordance with its terms, except to the extent that its enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting the enforcement of creditors’ rights generally or by general equitable principles. (b) Except for filings under the Exchange Act, no filing with, and no permit, authorization, consent or approval of, any Governmental Authority is necessary for the execution of this Agreement by Parent, BV Sub or Merger Sub, compliance by Parent, BV Sub and Merger Sub with the provisions hereof or performance of their obligations hereunder.

Appears in 2 contracts

Samples: Merger Agreement (Navteq Corp), Stockholder Voting Agreement (Navteq Corp)

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Representations and Warranties of Parent, BV Sub and Merger Sub. Parent Parent, BV Sub and Merger Sub hereby represent and warrant to the Stockholder as follows: (a) Parent, BV Sub and Merger Sub have the corporate power and authority to enter into and perform all of their respective obligations under this Agreement. This Agreement has been duly and validly executed and delivered by Parent, BV Sub and Merger Sub and constitutes a valid and binding agreement of each of them, enforceable against them in accordance with its terms, except to the extent that its enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting the enforcement of creditors’ rights generally or by general equitable principles. (b) Except for filings under the Exchange Act, no filing with, and no permit, authorization, consent or approval of, any Governmental Authority is necessary for the execution of this Agreement by Parent, BV Sub or Merger Sub, compliance by Parent, BV Sub and Merger Sub with the provisions hereof or performance of their obligations hereunder.

Appears in 2 contracts

Samples: Stockholder Voting Agreement (Traffic.com, Inc.), Merger Agreement (Navteq Corp)

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