Common use of Valid Agreements; Restrictive Documents Clause in Contracts

Valid Agreements; Restrictive Documents. IndeNet has the full authority to execute, deliver and perform this Agreement and the transactions contemplated hereby. This Agreement has been duly and validly authorized, executed and delivered by IndeNet and constitutes a valid and binding agreement of IndeNet enforceable against IndeNet in accordance with its terms except as the enforcement thereof may be limited by bankruptcy, reorganization, moratorium, insolvency and other laws of general applicability relating to or affecting creditors' rights or general principles of equity. IndeNet is not subject to, or a party to, any mortgage, lien, lease, license, permit, agreement, contract, instrument, law, rule, ordinance, regulation, order, judgment or decree, or any other restriction of any kind or character, which would prevent consummation of the transactions contemplated by this Agreement or compliance by IndeNet with the terms, conditions and provisions of this Agreement or any other agreement entered into by IndeNet in connection with the transactions contemplated herein. The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby will not (i) violate, conflict with or result in the breach or material modification of any of the terms of, or constitute (or with notice or lapse of time or both constitute) a default under, or otherwise give any other contracting party the right to accelerate or terminate, any obligation, contract, agreement, lien, judgment, decree or other instrument to which IndeNet is a party or by or to which IndeNet may be bound or subject; (ii) violate any order, writ, judgment, injunction, award or decree of any court, arbitrator or governmental or regulatory body against, or binding upon, IndeNet or its assets; or (iii) violate any statute, law or regulation of any jurisdiction.

Valid Agreements; Restrictive Documents. IndeNet The Stockholder has the full authority legal right and capacity to execute, deliver and perform this Agreement and the transactions contemplated hereby. This Agreement has been duly and validly authorized, executed and delivered by IndeNet the Stockholder and constitutes a the valid and binding agreement obligation of IndeNet the Stockholder, enforceable against IndeNet the Stockholder in accordance with its terms except as the enforcement thereof may be limited by bankruptcy, reorganization, moratorium, insolvency and other laws of general applicability relating to or affecting creditors' rights or general principles of equity. IndeNet The Stockholder is not subject to, or a party to, any charter, by-law, mortgage, lien, lease, license, permit, agreement, contract, instrument, law, rule, ordinance, regulation, order, judgment or decree, or any other restriction of any kind or character, which would prevent either the consummation of the transactions contemplated by this Agreement or the compliance by IndeNet the Stockholder with the terms, conditions and provisions of this Agreement or any other agreement entered into by IndeNet such Stockholder in connection with the transactions contemplated hereinhereby. The execution, delivery and performance of this Agreement by the Stockholder and the consummation of the transactions contemplated hereby by such Stockholder will not (i) violate, conflict with or result in the a breach or material modification of any provision of any of the terms ofStockholder's charter documents, or constitute (or with notice or lapse of time or both constitute) a default under, or otherwise give any other contracting party the right to accelerate or terminate, any obligation, contract, agreement, lien, judgment, decree or other instrument to which IndeNet is a party or by or to which IndeNet may be bound or subjectif any; (ii) violate any order, writ, judgment, injunction, award or decree of any court, arbitrator or governmental or regulatory body against, or binding upon, IndeNet upon the Stockholder or its assetsupon the assets of the Stockholder; or (iii) violate any statute, law or regulation of any jurisdiction.

Valid Agreements; Restrictive Documents. IndeNet has the full authority to executeThe execution, deliver delivery and perform performance of this Agreement Agreement, and the transactions contemplated hereby, have been duly authorized by all necessary corporate action on the part of Torchmark. This Agreement has been duly and validly authorized, executed and delivered by IndeNet on behalf of Torchmark and constitutes a its valid and binding agreement of IndeNet obligation, enforceable against IndeNet Torchmark in accordance with its terms terms, except as the enforcement thereof may be limited by bankruptcy, reorganization, moratorium, insolvency applicable bankruptcy and other laws of general applicability application relating to or affecting creditors' rights or general principles of equity. IndeNet Torchmark is not subject to, or a party to, any charter, by-law, mortgage, lien, lease, license, permit, agreement, contract, instrument, law, rule, ordinance, regulation, order, judgment or decree, or any other restriction of any kind or character, which materially and adversely affects the rights granted under the License, or which would prevent consummation of the transactions contemplated by this Agreement or Agreement, compliance by IndeNet Torchmark with the terms, conditions and provisions of this Agreement or any other agreement entered into by IndeNet Torchmark in connection with the transactions contemplated hereinhereby. The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby will not (i) violate, conflict with or result in the breach of any provision of the charter documents of Torchmark, (ii) violate or material modification result in the breach of any of the terms of, result in a material modification of, or otherwise give any other contracting party the right to terminate, or constitute (or with notice or lapse of time or both constitute) a default under, or otherwise give any other contracting party the right to accelerate or terminate, any obligation, contract, agreement, lien, judgment, decree or other instrument contract to which IndeNet Torchmark is a party or by or to which IndeNet may be bound or subjectparty; (iiiii) violate any order, writ, judgment, injunction, award or decree of any court, arbitrator or governmental or regulatory body against, or binding upon, IndeNet or its assetsthe Product; or (iiiiv) violate any statute, law or regulation of any jurisdiction, which violation could have a material adverse effect on the License.

Valid Agreements; Restrictive Documents. IndeNet has the full authority All transactions contemplated by and necessary to execute, deliver and perform this Agreement and have been authorized by all necessary corporate action on the transactions contemplated herebypart of Dicom. This Agreement has been duly and validly authorized, executed and delivered by IndeNet on behalf of Dicom and constitutes a valid and binding agreement of IndeNet obligation, enforceable against IndeNet Dicom in accordance with its terms terms, except as the enforcement thereof may be limited by bankruptcy, reorganization, moratorium, insolvency applicable bankruptcy and other laws of general applicability application relating to or affecting creditors' rights or general principles of equity. IndeNet Dicom is not subject to, or a party to, any mortgage, lien, lease, license, permit, agreement, contract, instrument, law, rule, ordinance, regulation, order, judgment or decree, or any other restriction of any kind or character, which would prevent consummation of the transactions contemplated by this Agreement or compliance by IndeNet Dicom with the terms, conditions and provisions of this Agreement or any other agreement entered into by IndeNet Dicom in connection with the transactions contemplated hereinhereby. The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby will not (i) violate, conflict with or result in the breach or material modification of any provision of the terms ofDicom Charter Documents, or constitute (or with notice or lapse of time or both constitute) a default under, or otherwise give any other contracting party the right to accelerate or terminate, any obligation, contract, agreement, lien, judgment, decree or other instrument to which IndeNet is a party or by or to which IndeNet may be bound or subject; (ii) violate any order, writ, judgment, injunction, award or decree of any court, arbitrator or governmental or regulatory body against, or binding upon, IndeNet or its assetsDicom; or (iii) violate any statute, law or regulation of any jurisdiction, which violation could have a material adverse effect on Dicom.