Common use of Authorization of Agreement and Enforceability Clause in Contracts

Authorization of Agreement and Enforceability. Seller has taken all necessary organizational action to authorize the execution and delivery of this Agreement and the Ancillary Agreements, the performance by it of all terms and conditions hereof and thereof to be performed by it and the consummation of the transactions contemplated hereby and thereby. This Agreement constitutes, and the Ancillary Agreements to which Seller is a party, upon Seller’s execution and delivery thereof, will constitute, the legal, valid and binding obligations of Seller, enforceable in accordance with their terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Atrinsic, Inc.)

AutoNDA by SimpleDocs

Authorization of Agreement and Enforceability. Seller has taken all necessary organizational action to authorize the The execution and delivery of this Agreement and the Ancillary AgreementsDocuments by Buyer have been duly authorized by all necessary corporate action, the performance by it of all terms and conditions hereof Buyer has full legal power and thereof authority to be performed by it and the consummation of the transactions contemplated hereby and thereby. This enter into this Agreement constitutes, and the Ancillary Agreements Documents and to which Seller is a party, upon Seller’s execution carry out the transaction of the purchase and delivery thereof, will constitute, the legal, valid and binding obligations of Seller, enforceable in accordance with their termssale provided for herein.

Appears in 1 contract

Samples: Asset Purchase Agreement (Loyaltypoint Inc)

Authorization of Agreement and Enforceability. Seller has taken all necessary organizational action to authorize the execution and delivery of this Agreement and the Ancillary AgreementsAgreement, the performance by it of all terms and conditions hereof and thereof to be performed by it and the consummation of the transactions contemplated hereby and therebyhereby. This Agreement constitutes, and the Ancillary Agreements to which Seller is a party, upon Seller’s execution and delivery thereof, will constitute, constitutes the legal, valid and binding obligations obligation of Seller, enforceable in accordance with their its terms.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Unilife Corp)

AutoNDA by SimpleDocs

Authorization of Agreement and Enforceability. Seller has taken all necessary organizational action to authorize the The execution and delivery of this Agreement and the Ancillary AgreementsDocuments by Seller have been duly authorized by all necessary corporate action, the performance by it of all terms and conditions hereof Seller has full legal power and thereof authority to be performed by it and the consummation of the transactions contemplated hereby and thereby. This enter into this Agreement constitutes, and the Ancillary Agreements Documents and to which Seller is a party, upon Seller’s execution carry out the transaction of the purchase and delivery thereof, will constitute, the legal, valid and binding obligations of Seller, enforceable in accordance with their termssale provided for herein.

Appears in 1 contract

Samples: Asset Purchase Agreement (Loyaltypoint Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.