Common use of Valid and Enforceable Agreement; Authorization Clause in Contracts

Valid and Enforceable Agreement; Authorization. This Agreement and each of the Transaction Agreements have been duly executed and delivered by the Purchaser and constitute a legal, valid and binding obligation of the Purchaser, enforceable against the Purchaser in accordance with their respective terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance and other similar laws of general application affecting enforcement of creditors’ rights generally and by general principles of equity. The Purchaser has duly taken all necessary corporate action to authorize the execution, delivery and performance of this Agreement and the Transaction Agreements and the transactions contemplated hereby and thereby.

Appears in 4 contracts

Samples: Securities Purchase Agreement (First Reserve Fund Xii Lp), Share Repurchase Agreement (Mueller Industries Inc), Share Repurchase Agreement (Leucadia National Corp)

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Valid and Enforceable Agreement; Authorization. This Agreement and each of the other Transaction Agreements have been duly executed and delivered by the Purchaser and constitute a legal, valid and binding obligation of the Purchaser, enforceable against the Purchaser in accordance with their respective terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance and other similar laws of general application affecting enforcement of creditors’ rights generally and by general principles of equity. The Purchaser has duly taken all necessary corporate action to authorize the execution, delivery and performance of this Agreement and the other Transaction Agreements and the transactions contemplated hereby and thereby.

Appears in 1 contract

Samples: Securities Purchase Agreement (Canada Pension Plan Investment Board)

Valid and Enforceable Agreement; Authorization. This Agreement and each of the Transaction Agreements Agreement have been duly executed and delivered by the Purchaser and constitute a legal, valid and binding obligation of the Purchaser, enforceable against the Purchaser in accordance with their respective terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance and other similar laws of general application affecting enforcement of creditors’ rights generally and by general principles of equity. The Purchaser has duly taken all necessary corporate action to authorize the execution, delivery and performance of this Agreement and the Transaction Agreements Agreement and the transactions contemplated hereby and thereby.. Section 3.3

Appears in 1 contract

Samples: Execution Copy Share Repurchase Agreement (Hamilton Insurance Group, Ltd.)

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Valid and Enforceable Agreement; Authorization. This Agreement and each of the Transaction Agreements Agreement have been duly executed and delivered by the Purchaser Seller and constitute a legal, valid and binding obligation of the PurchaserSeller, enforceable against the Purchaser Seller in accordance with their respective terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance and other similar laws of general application affecting enforcement of creditors’ rights generally and by general principles of equity. The Purchaser Seller has duly taken all necessary corporate or limited partnership action to authorize the execution, delivery and performance of this Agreement and the Transaction Agreements Agreement and the transactions contemplated hereby and thereby.. Section 2.3

Appears in 1 contract

Samples: Execution Copy Share Repurchase Agreement (Hamilton Insurance Group, Ltd.)

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