Authorization of the Documents. The execution, delivery and ------------------------------ performance of each of the Documents has been duly authorized by all requisite corporate action on the part of the Company, and each of the Documents constitutes a legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms except to the extent that enforceability may be limited by principles of equity, bankruptcy, insolvency or other similar laws affecting rights of persons generally and relating to equitable principles of general application.
Appears in 1 contract
Samples: Preferred Stock Purchase Agreement (Intek Information Inc)
Authorization of the Documents. The execution, delivery and ------------------------------ performance by the Corporation of each of the Documents has been duly authorized by all requisite corporate action on the part of the CompanyCorporation, and each of the Documents constitutes a legal, valid and binding obligation of the CompanyCorporation, enforceable against the Company Corporation, in accordance with its terms except to the extent that enforceability may be limited by principles of equity, bankruptcy, insolvency or other similar laws affecting creditors' rights of persons generally and relating to equitable principles of general applicationgenerally.
Appears in 1 contract
Samples: Agreement (Concentric Network Corp)
Authorization of the Documents. The execution, delivery and ------------------------------ performance of each of the Documents has been duly authorized by all requisite corporate action on the part of the CompanyCorporation, and each of the Documents constitutes a legal, valid and binding obligation of the CompanyCorporation, enforceable against the Company Corporation, in accordance with its terms except to the extent that enforceability may be limited by principles of equity, bankruptcy, insolvency or other similar laws affecting creditors' rights of persons generally and relating to equitable principles of general applicationgenerally.
Appears in 1 contract
Samples: Preferred Stock Purchase Agreement (Transaction Information Systems Inc)
Authorization of the Documents. The execution, delivery and ------------------------------ performance of each of the Documents has been duly authorized by all requisite corporate action on the part of the CompanyCorporation, and each of the Documents constitutes a legal, valid and binding obligation of the CompanyCorporation, enforceable against the Company Corporation in accordance with its terms terms, except to the extent that enforceability may be limited by principles of equity, bankruptcy, insolvency or other similar laws affecting creditors' rights of persons generally and relating to equitable principles of general applicationgenerally.
Appears in 1 contract
Samples: Preference Stock Purchase Agreement (Day International Group Inc)
Authorization of the Documents. The execution, delivery and ------------------------------ performance of each of the Documents has been duly authorized by all requisite corporate action on the part of the Company, and each of the Documents constitutes a legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms except to the extent that enforceability may be limited by principles of equity, bankruptcy, insolvency or other similar laws affecting creditors' rights of persons generally and relating to equitable principles of general applicationgenerally.
Appears in 1 contract
