2Authorization. This Agreement has been duly executed and delivered by Buyer, and is a valid and binding obligation of Buyer, enforceable against it in accordance with its terms, except as such enforceability may be limited by (a) bankruptcy, insolvency, reorganization, moratorium or other similar laws, now or hereafter in effect, relating to or limiting creditors rights generally, and (b) general principles of equity (whether considered in an action in equity or at law), subject to approval by the shareholders of Buyer if necessary, and further subject to all filings necessary to be made by Buyer with the US Securities and Exchange Commission ("SEC") and any approvals necessary to be obtained from the SEC.
Appears in 3 contracts
Sources: Stock Purchase Agreement (Acquired Sales Corp), Stock Sale and Purchase Agreement (Acquired Sales Corp), Stock Purchase Agreement (Acquired Sales Corp)