Common use of Authority Relative to Agreement Clause in Contracts

Authority Relative to Agreement. The execution, delivery and performance by Buyer of this Agreement have been duly and effectively authorized by all necessary corporate action. This Agreement has been duly executed and delivered by Buyer and is a legal, valid and binding obligation of Buyer enforceable against it in accordance with its terms.

Appears in 2 contracts

Samples: Asset Purchase Agreement (WQN, Inc.), Asset Purchase Agreement (Blindspot Alert, Inc.)

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Authority Relative to Agreement. The execution, delivery and performance by Buyer of this Agreement by Buyer have been duly and effectively authorized by all necessary corporate action. This Agreement has been duly executed and delivered by Buyer and is a legalvalid, valid legally binding and binding enforceable obligation of Buyer enforceable against it in accordance with its termsBuyer, subject only to the effect of bankruptcy, insolvency or other laws generally affecting creditors' rights.

Appears in 1 contract

Samples: Asset Purchase Agreement (Informedics Inc)

Authority Relative to Agreement. The execution, delivery and ------------------------------- performance by Buyer of this Agreement Agreement, and the transactions contemplated hereby by the Buyer, have been duly and effectively authorized and ratified by all necessary corporate action. This Agreement has been duly executed and delivered by Buyer and is a legalvalid, valid legally binding and binding enforceable obligation of Buyer enforceable against it in accordance with its termsBuyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Comforce Corp)

Authority Relative to Agreement. The execution, delivery and performance by Buyer of this Agreement by Buyer and the consummation by it of the transactions contemplated hereby, have been duly and effectively authorized approved by all necessary corporate action. This Agreement has been duly executed and delivered by action on the part of Buyer and is a this Agreement constitutes the legal, valid and binding obligation of Buyer enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Coffee Holding Co Inc)

Authority Relative to Agreement. The execution, delivery and ------------------------------- performance by Buyer of this Agreement Agreement, and the transactions contemplated hereby by the Buyer and COMFORCE, have been duly and effectively authorized and ratified by all necessary corporate action. This Agreement has been duly executed and delivered by Buyer and COMFORCE and is a legalvalid, valid legally binding and binding enforceable obligation of Buyer enforceable against it in accordance with its termsand COMFORCE.

Appears in 1 contract

Samples: Subscription Agreement (Comforce Corp)

Authority Relative to Agreement. The execution, delivery and performance by Buyer of this Agreement have has been duly and effectively authorized by all necessary corporate actionaction by Buyer. This Agreement has been duly executed and delivered by Buyer and is a legalvalid, valid legally binding and binding enforceable obligation of Buyer enforceable against it in accordance with its termsthe Buyer.

Appears in 1 contract

Samples: Stock Purchase Agreement (Capital Corp of the West)

Authority Relative to Agreement. The execution, delivery and performance by Buyer of this Agreement by Buyer and the consummation by it of the transactions contemplated hereby, have been duly and effectively authorized approved by all necessary corporate action. This Agreement has been duly executed and delivered by action on the part of Buyer and is a this Agreement constitutes the legal, valid and binding obligation of Buyer enforceable against it in accordance with its termsBuyer, except as the same may be limited by bankruptcy, insolvency, reorganization or other laws affecting the enforcement of creditors rights generally.

Appears in 1 contract

Samples: Agreement for Purchase and Sale (Lady Luck Gaming Corp)

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Authority Relative to Agreement. The As of the Closing, the execution, delivery and performance of this Agreement by Buyer, and the consummation by Buyer of this Agreement the transactions contemplated hereby, will have been duly and effectively authorized and/or ratified by all necessary corporate actionaction on the part of Buyer. This Agreement Buyer has been duly executed and delivered by Buyer and is this Agreement. This Agreement constitutes a legal, valid and binding obligation of Buyer Buyer, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Lease Agreement (Margo Caribe Inc)

Authority Relative to Agreement. The execution, delivery and performance by Buyer of this Agreement have been duly and effectively authorized by all necessary corporate action. This Agreement has been duly executed and delivered by Buyer and is a constitutes the legal, valid and binding obligation of Buyer and is enforceable against it Buyer in accordance with its terms.

Appears in 1 contract

Samples: Building Purchase Agreement

Authority Relative to Agreement. The execution, delivery and performance by Buyer of this Agreement have been duly and effectively authorized by all necessary corporate action. This Agreement has been duly executed and delivered by Buyer and is a legal, valid and binding obligation of Buyer enforceable against it in accordance with its terms, except insofar as enforcement may be limited by (i) bankruptcy, insolvency, reorganization or similar laws relating to or affecting the enforcement of creditors' rights generally, and (ii) general principles of equity.

Appears in 1 contract

Samples: Product Supply Agreement (Sterling Chemicals Inc)

Authority Relative to Agreement. The execution, delivery and performance by Buyer of this Agreement by the Buyer have been duly authorized in time and effectively authorized as required by all corporate actions necessary corporate action. This Agreement has been duly executed and delivered by Buyer and is a legal, valid and binding obligation of Buyer enforceable against it in accordance with its termsthe Buyer.

Appears in 1 contract

Samples: Purchase Agreement (Voice Diary Inc)

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