Common use of Authority; Execution and Delivery; and Enforceability Clause in Contracts

Authority; Execution and Delivery; and Enforceability. Purchaser has full power and authority to execute this Agreement and to consummate the Acquisition and the other transactions contemplated hereby. The execution and delivery by Purchaser of this Agreement and the consummation by Purchaser of the Acquisition and the other transactions contemplated hereby have been duly authorized by all necessary corporate action. Purchaser has duly executed and delivered this Agreement and this Agreement constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 2 contracts

Samples: Stock and Intellectual Property Purchase Agreement (Advanced Technology Industries Inc), Asset Purchase Agreement (Advanced Technology Industries Inc)

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Authority; Execution and Delivery; and Enforceability. The Purchaser has full all requisite right, power and authority to execute execute, deliver and perform its obligations under this Agreement and to consummate the Acquisition and the other transactions contemplated herebyAgreement. The execution execution, delivery and delivery by Purchaser performance of this Agreement Agreement, and the consummation by Purchaser of the Acquisition and the other transactions contemplated hereby Transaction, have been duly authorized by all necessary corporate actionaction on the part of the Purchaser. Purchaser This Agreement has been duly executed and delivered this Agreement by the Purchaser and this Agreement constitutes its legal, the valid and binding obligationobligation of the Purchaser, enforceable against it the Purchaser in accordance with its terms.

Appears in 1 contract

Samples: Release Agreement (Theravance Biopharma, Inc.)

Authority; Execution and Delivery; and Enforceability. Purchaser has full power and authority to execute this Agreement and to consummate the Acquisition and the other transactions contemplated hereby. The execution and delivery by Purchaser of this Agreement and the consummation by Purchaser of the Acquisition and the other transactions contemplated hereby have been duly authorized by all necessary corporate action. Purchaser has duly executed and delivered this Agreement and this Agreement constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Stock Purchase Agreement (Echostar Communications Corp)

Authority; Execution and Delivery; and Enforceability. Such Purchaser has full power and authority to execute this Agreement and to consummate the Acquisition and the other transactions contemplated hereby. The execution and delivery by such Purchaser of this Agreement and the consummation by such Purchaser of the Acquisition and the other transactions contemplated hereby have been duly authorized by all necessary corporate action. Such Purchaser has duly executed and delivered this Agreement and this Agreement constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Stock Subscription Agreement (Advanced Technology Industries Inc)

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Authority; Execution and Delivery; and Enforceability. The Purchaser has full all requisite right, power and authority to execute execute, deliver and perform its obligations under this Agreement Agreement. The execution, delivery and to consummate the Acquisition performance of this Agreement, and the other consummation of the transactions contemplated hereby. The execution and delivery by Purchaser of this Agreement and the consummation by Purchaser of the Acquisition and the other transactions contemplated hereby , have been duly authorized by all necessary corporate actionaction on the part of the Purchaser. Purchaser This Agreement has been duly executed and delivered this Agreement by the Purchaser and this Agreement constitutes its legal, the valid and binding obligationobligation of the Purchaser, enforceable against it the Purchaser in accordance with its terms, subject to any limitation on enforceability under Bankruptcy Laws.

Appears in 1 contract

Samples: Equity Purchase Agreement (Innoviva, Inc.)

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