Common use of Authorization of the Transaction Clause in Contracts

Authorization of the Transaction. Vantiv has all requisite limited liability company power and authority to execute and deliver this Agreement and to perform its obligations hereunder. The execution and delivery by Vantiv of this Agreement, the performance by Vantiv of its obligations under this Agreement and the consummation by Vantiv of the transactions contemplated hereby and thereby have been duly and validly authorized by all necessary limited liability company action on the part of Vantiv. This Agreement has been duly and validly executed and delivered by Vantiv and this Agreement constitutes the valid and binding obligations of Vantiv, enforceable against Vantiv in accordance with its terms, except as such enforcement may be limited by general equitable principles or by applicable bankruptcy, insolvency, fraudulent transfer, moratorium, or similar laws, legal requirements and judicial decisions from time to time in effect which affect creditors’ rights generally.

Appears in 2 contracts

Samples: Warrant Cancellation Agreement, Warrant Cancellation Agreement (Vantiv, Inc.)

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Authorization of the Transaction. Vantiv has all requisite limited liability company corporate power and authority to execute and deliver this Agreement and to perform its obligations hereunder. The execution and delivery by Vantiv of this Agreement, the performance by Vantiv of its obligations under this Agreement and the consummation by Vantiv of the transactions contemplated hereby and thereby have been duly and validly authorized by all necessary limited liability company corporate action on the part of Vantiv. This Agreement has have been duly and validly executed and delivered by Vantiv and this Agreement constitutes the constitute valid and binding obligations of Vantiv, enforceable against Vantiv in accordance with its their terms, except as such enforcement may be limited by general equitable principles or by applicable bankruptcy, insolvency, fraudulent transfer, moratorium, or similar laws, legal requirements and judicial decisions from time to time in effect which affect creditors’ rights generally.

Appears in 2 contracts

Samples: Tax Receivable Termination Agreement (Vantiv, Inc.), Tax Receivable Termination Agreement (Vantiv, Inc.)

Authorization of the Transaction. Vantiv has all requisite limited liability company corporate power and authority to execute and deliver this Agreement Addendum and to perform its obligations hereunder. The execution and delivery by Vantiv of this AgreementAddendum, the performance by Vantiv of its obligations under this Agreement Addendum and the consummation by Vantiv of the transactions contemplated hereby and thereby have been duly and validly authorized by all necessary limited liability company corporate action on the part of Vantiv. This Agreement Addendum has been duly and validly executed and delivered by Vantiv and this Agreement Addendum constitutes the valid and binding obligations of Vantiv, enforceable against Vantiv in accordance with its terms, except as such enforcement may be limited by general equitable principles or by applicable bankruptcy, insolvency, fraudulent transfer, moratorium, or similar laws, legal requirements and judicial decisions from time to time in effect which affect creditors’ rights generally.

Appears in 1 contract

Samples: Tax Receivable Purchase Addendum (Vantiv, Inc.)

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Authorization of the Transaction. Vantiv has all requisite limited liability company corporate power and authority to execute and deliver this Agreement Addendum and to perform its obligations hereunder. The execution and delivery by Vantiv of this AgreementAddendum, the performance by Vantiv of its obligations under this Agreement Addendum and the consummation by Vantiv of the transactions contemplated hereby and thereby have been duly and validly authorized by all necessary limited liability company corporate action on the part of Vantiv. This Agreement Addendum has been duly and validly executed and delivered by Vantiv and this Agreement Addendum constitutes the valid and binding obligations of Vantiv, enforceable against Vantiv in accordance with its terms, except as such enforcement may be limited by general equitable principles or by applicable bankruptcy, insolvency, fraudulent transfer, moratorium, or similar laws, legal requirements and judicial decisions from time to time in effect which affect creditors’ rights generally.

Appears in 1 contract

Samples: Tax Receivable Agreement (Vantiv, Inc.)

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