Authorization; Enforceability. Each of the parties hereto represents and warrants that it has taken all action necessary to authorize the execution, delivery and performance of this Agreement and the transactions contemplated hereby; and upon execution and delivery, this Agreement shall constitute a valid and binding obligation of the respective party, subject to applicable bankruptcy, insolvency, reorganization, moratorium and similar laws affecting creditors' rights or by the principles governing the availability of equitable remedies.
Appears in 261 contracts
Samples: Security Agreement (Galaxy Next Generation, Inc.), Security Agreement (Eyi Industries Inc), Security Agreement (Smartire Systems Inc)
Authorization; Enforceability. Each of the parties hereto represents and warrants that it has taken all action necessary to authorize the execution, delivery and performance of this Agreement and the transactions contemplated hereby; and upon execution and delivery, this Agreement shall constitute a valid and binding obligation of the respective party, subject to applicable bankruptcy, insolvency, reorganization, moratorium and similar laws affecting creditors' ’ rights or by the principles governing the availability of equitable remedies.
Appears in 184 contracts
Samples: Security Agreement (Zvue Corp), Security Agreement (Cargo Connection Logistics Holding, Inc.), Security Agreement (Pure Biofuels Corp)
Authorization; Enforceability. Each of the parties hereto represents and warrants that it has taken all action necessary to authorize the execution, delivery and performance of this Agreement and the transactions contemplated hereby; and upon execution and delivery, this Agreement shall constitute a valid and binding obligation of the respective party, subject to applicable bankruptcy, insolvency, reorganization, moratorium and similar laws affecting creditors' ’ rights or by the principles governing the availability of equitable remedies. Section 4.2.
Appears in 2 contracts
Samples: Security Agreement (Xinhua China LTD), Amended and Restated Security Agreement (Xinhua China LTD)
Authorization; Enforceability. Each of the parties hereto represents and warrants that it has taken all action necessary to authorize the execution, delivery and performance of this Agreement and the transactions contemplated hereby; and upon execution and delivery, this Agreement shall constitute a valid and binding obligation obligations of the respective party, subject to applicable bankruptcy, insolvency, reorganization, moratorium and similar laws affecting creditors' rights or by the principles governing the availability of equitable remedies.
Appears in 2 contracts
Samples: Loan Agreement (World Wireless Communications Inc), Registration Rights Agreement (World Wireless Communications Inc)
Authorization; Enforceability. Each of the parties hereto represents and warrants that it has taken all action necessary to authorize the execution, delivery and performance of this Agreement and the transactions contemplated hereby; and upon execution and delivery, this Agreement shall constitute a valid and binding obligation of the respective party, subject to applicable bankruptcy, insolvency, reorganization, moratorium and similar laws affecting creditors' rights or by the principles governing the availability of equitable remedies. Section 4.2.
Appears in 1 contract
Samples: Security Agreement (Advanced Communications Technologies Inc)
Authorization; Enforceability. Each of the parties hereto represents and warrants that it has taken all action necessary to authorize the execution, delivery and performance of this Agreement and the transactions contemplated hereby; and upon execution and delivery, this Agreement shall constitute a valid and binding obligation of the respective party, subject to applicable bankruptcy, insolvency, reorganization, moratorium moratorium, fraudulent conveyance and similar laws affecting creditors' ’ rights or and by the principles governing the availability of equitable remedies.
Appears in 1 contract
Authorization; Enforceability. Each of the parties hereto represents and warrants that he or it has taken all action necessary to authorize the execution, delivery and performance of this Agreement and the transactions contemplated hereby; and upon execution and delivery, this Agreement shall constitute a valid and binding obligation of the respective party, subject to applicable bankruptcy, insolvency, reorganization, moratorium and similar laws affecting creditors' ’ rights or by the principles governing the availability of equitable remedies.
Appears in 1 contract
