Common use of Authorization; Enforceability; No Violations Clause in Contracts

Authorization; Enforceability; No Violations. (a) The Investor is duly organized, validly existing and in good standing under the laws of its jurisdiction, has all requisite power and authority to execute, deliver and perform the terms and provisions of this Agreement and the Registration Rights Agreement and has taken all necessary action to authorize the execution, delivery and performance by it of this Agreement and the Registration Rights Agreement and to consummate the transactions contemplated hereby and thereby to be performed by it.

Appears in 6 contracts

Samples: Financing Agreement (Gadzoox Networks Inc), Financing Agreement (Computer Motion Inc), Line Financing Agreement (Gadzoox Networks Inc)

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Authorization; Enforceability; No Violations. (a) The Investor is duly organized, validly existing and in good standing under the laws of its jurisdiction, has all requisite power and authority to execute, deliver and perform the terms and provisions of this Agreement and the Registration Rights Agreement and has taken all necessary action to authorize the execution, delivery and performance by it of this Agreement and the Registration Rights Agreement and to consummate the transactions contemplated hereby and thereby to be performed by it.

Appears in 2 contracts

Samples: Equity Line Financing Agreement (Cybermesh International Corp.), Equity Financing Agreement (Pantera Petroleum Inc.)

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