Common use of Authorization; Due Execution Clause in Contracts

Authorization; Due Execution. The Company has full power and authority to enter into this Agreement and to perform its obligations hereunder and to consummate the transactions contemplated hereby. This Agreement has been duly authorized, executed and delivered by the Company and constitutes the legal, valid and binding agreement of the Company, enforceable against it in accordance with its terms, subject to applicable bankruptcy, insolvency and other similar laws affecting the enforceability of creditors' rights generally, general equitable principles and the discretion of courts in granting equitable remedies.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Rheometric Scientific Inc), Securities Purchase Agreement (Rheometric Scientific Inc)

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Authorization; Due Execution. The Company has full the requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunder under the terms of this Agreement. All corporate action on the part of the Company, its officers, directors and, if applicable, stockholders, necessary for the authorization, execution and to consummate the transactions contemplated herebydelivery of this Agreement has been taken. This Agreement has been duly authorized, executed and delivered by the Company and, upon due execution and constitutes delivery by the legalPurchaser, this Agreement will be a valid and binding agreement obligation of the Company, enforceable against it the Company in accordance with its terms, subject to applicable bankruptcy, insolvency and other similar laws affecting the enforceability of creditors' rights generally, general equitable principles and the discretion of courts in granting equitable remedies.accordance

Appears in 1 contract

Samples: Stock Purchase Agreement (HTG Molecular Diagnostics, Inc)

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Authorization; Due Execution. The Company has full the requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunder and to consummate under the transactions contemplated herebyterms of this Agreement. This Agreement has been duly authorized, executed and delivered by All corporate action on the Company and constitutes the legal, valid and binding agreement part of the Company, enforceable against it in accordance with its termsofficers, subject to applicable bankruptcydirectors and stockholders necessary for the authorization, insolvency execution and other similar laws affecting the enforceability delivery of creditors' rights generally, general equitable principles and the discretion of courts in granting equitable remedies.this Agreement has been

Appears in 1 contract

Samples: Stock Purchase Agreement (Fate Therapeutics Inc)

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