Common use of Authorization, Validity and Enforceability of Agreements Clause in Contracts

Authorization, Validity and Enforceability of Agreements. BOLD has all corporate power and authority to execute and deliver this Agreement and all agreements, instruments and other documents to be executed and delivered in connection with the transactions contemplated by this Agreement (collectively the “Agreements”) to perform its obligations hereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery of the Agreements by BOLD and the consummation by BOLD of the transactions contemplated hereby and thereby, have been duly authorized by all necessary corporate action of BOLD, and no other corporate proceedings on the part of BOLD are necessary to authorize the Agreements or to consummate the transactions contemplated hereby and thereby. The Agreements constitute the valid and legally binding obligation of BOLD and is enforceable in accordance with its terms, except as such enforcement may be limited by general equitable principles, or by bankruptcy, insolvency and other similar laws affecting the enforcement of creditors rights generally. BOLD does not need to give any notice to, make any filings with, or obtain any authorization, consent or approval of any government or governmental agency or other party in order for it to consummate the transactions contemplated by any of the Agreements, other than filings that may be required or permitted under states securities laws, the Securities Act and/or the Securities Exchange Act of 1934, as amended (the “Exchange Act”) resulting from the issuance of the BOLD Shares in connection with the Share Exchange.

Appears in 2 contracts

Samples: Share Exchange Agreement (Bold Energy Inc.), Share Exchange Agreement (Bold Energy Inc.)

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Authorization, Validity and Enforceability of Agreements. BOLD SNNC has all corporate power and authority to execute and deliver this Agreement and all agreements, instruments instruments, and other documents to be executed and delivered in connection with the transactions contemplated by this Agreement (collectively the “Agreements”) to perform its obligations hereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery of the Agreements by BOLD SNNC and the consummation by BOLD SNNC of the transactions contemplated hereby and thereby, have been duly authorized by all necessary corporate action of BOLDSNNC, and no other corporate proceedings on the part of BOLD SNNC are necessary to authorize the Agreements or to consummate the transactions contemplated hereby and thereby. The Agreements constitute the valid and legally binding obligation of BOLD SNNC and is enforceable in accordance with its terms, except as such enforcement may be limited by general equitable principles, or by bankruptcy, insolvency and other similar laws affecting the enforcement of creditors rights generally. BOLD SNNC does not need to give any notice to, make any filings with, or obtain any authorization, consent or approval of any government or governmental agency or other party in order for it to consummate the transactions contemplated by any of the Agreements, other than filings that may be required or permitted under states securities laws, the Securities Act and/or the Securities Exchange Act of 1934, as amended (the “Exchange Act”) resulting from the issuance of the BOLD SNNC Shares in connection with the Share Exchange.

Appears in 1 contract

Samples: Share Purchase Agreement (Sibannac, Inc.)

Authorization, Validity and Enforceability of Agreements. BOLD AMMO has all corporate power and authority to execute and deliver this Agreement and all agreements, instruments and other documents to be executed and delivered in connection with the transactions contemplated by this Agreement (collectively the "Agreements") to perform its obligations hereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery of the Agreements by BOLD AMMO and the consummation by BOLD AMMO of the transactions contemplated hereby and thereby, have been duly authorized by all necessary corporate action of BOLDAMMO, and no other corporate proceedings on the part of BOLD AMMO are necessary to authorize the Agreements or to consummate the transactions contemplated hereby and thereby. The Agreements constitute the valid and legally binding obligation of BOLD AMMO and is enforceable in accordance with its terms, except as such enforcement may be limited by general equitable principles, or by bankruptcy, insolvency and other similar laws affecting the enforcement of creditors rights generally. BOLD AMMO does not need to give any notice to, make any filings with, or obtain any authorization, consent or approval of any government or governmental agency or other party in order for it to consummate the transactions contemplated by any of the Agreements, other than filings that may be required or permitted under states securities laws, the Securities Act and/or the Securities Exchange Act of 1934, as amended (the "Exchange Act") resulting from the issuance of the BOLD AMMO Shares in connection with the Share Exchange.

Appears in 1 contract

Samples: Share Exchange Agreement (Ammo, Inc.)

Authorization, Validity and Enforceability of Agreements. BOLD DIA has all power (corporate power or otherwise) and authority to execute and deliver this Agreement and all agreements, instruments and other documents to be executed and delivered in connection with the transactions contemplated by this Agreement (collectively the “Transaction Agreements”) to perform its obligations hereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery of the Transaction Agreements by BOLD DIA and the consummation by BOLD DIA of the transactions contemplated hereby and thereby, have been duly authorized by all necessary corporate action of BOLDDIA, and no other corporate proceedings on the part of BOLD DIA are necessary to authorize the Transaction Agreements or to consummate the transactions contemplated hereby and thereby. The Transaction Agreements constitute the valid and legally binding obligation of BOLD DIA and is are enforceable in accordance with its their terms, except as such enforcement may be limited by general equitable principles, or by bankruptcy, insolvency and other similar laws affecting the enforcement of creditors rights generally. BOLD does DIA is not need required to give any notice to, make any filings with, or obtain any authorization, consent or approval of any government or governmental agency or other party in order for it to consummate the transactions contemplated by any of the AgreementsTransaction Agreements and transaction contemplated herein, other than filings that may be required or permitted under states securities laws, the Securities Act and/or filing of an DIA Charter Documents to increase the Securities Exchange Act number of 1934, as amended (the “Exchange Act”) resulting from the issuance authorized shares of the BOLD Shares in connection with the Share ExchangeDIA’s common stock.

Appears in 1 contract

Samples: Agreement and Plan for Share Exchange (CREATIVE LEARNING Corp)

Authorization, Validity and Enforceability of Agreements. BOLD MLWN has all corporate power and authority to execute and deliver this Agreement and all agreements, instruments and other documents to be executed and delivered in connection with the transactions contemplated by this Agreement (collectively the “Agreements”) to perform its obligations hereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery of the Agreements by BOLD MLWN and the consummation by BOLD MLWN of the transactions contemplated hereby and thereby, have been duly authorized by all necessary corporate action of BOLDMLWN, and no other corporate proceedings on the part of BOLD MLWN are necessary to authorize the Agreements or to consummate the transactions contemplated hereby and thereby. The Agreements constitute the valid and legally binding obligation of BOLD MLWN and is enforceable in accordance with its terms, except as such enforcement may be limited by general equitable principles, or by bankruptcy, insolvency and other similar laws affecting the enforcement of creditors rights generally. BOLD MLWN does not need to give any notice to, make any filings with, or obtain any authorization, consent or approval of any government or governmental agency or other party in order for it to consummate the transactions contemplated by any of the Agreements, other than filings that may be required or permitted under states securities laws, the Securities Act and/or the Securities Exchange Act of 1934, as amended (the “Exchange Act”) resulting from the issuance of the BOLD MLWN Shares in connection with the Share Exchange.

Appears in 1 contract

Samples: Share Exchange Agreement (Eva Live Inc)

Authorization, Validity and Enforceability of Agreements. BOLD YNXG has all corporate power and authority to execute and deliver this Agreement and all agreements, instruments and other documents to be executed and delivered in connection with the transactions contemplated by this Agreement (collectively the “Agreements”) to perform its obligations hereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery of the Agreements by BOLD YNXG and the consummation by BOLD YNXG of the transactions contemplated hereby and thereby, have been duly authorized by all necessary corporate action of BOLDYNXG, and no other corporate proceedings on the part of BOLD YNXG are necessary to authorize the Agreements or to consummate the transactions contemplated hereby and thereby. The Agreements constitute the valid and legally binding obligation of BOLD YNXG and is enforceable in accordance with its terms, except as such enforcement may be limited by general equitable principles, or by bankruptcy, insolvency and other similar laws affecting the enforcement of creditors creditors’ rights generally. BOLD YNXG does not need to give any notice to, make any filings with, or obtain any authorization, consent or approval of any government or governmental agency or other party in order for it to consummate the transactions contemplated by any of the Agreements, other than filings that may be required or permitted under states securities laws, the Securities Act and/or the Securities Exchange Act of 1934, as amended (the “Exchange Act”) resulting from the issuance of the BOLD YNXG Shares in connection with the Share Exchange.

Appears in 1 contract

Samples: Share Exchange Agreement (Yanex Group, Inc.)

Authorization, Validity and Enforceability of Agreements. BOLD Creative has all power (corporate power or otherwise) and authority to execute and deliver this Agreement and all agreements, instruments and other documents to be executed and delivered in connection with the transactions contemplated by this Agreement (collectively the “Transaction Agreements”) to perform its obligations hereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery of the Transaction Agreements by BOLD Creative and the consummation by BOLD Creative of the transactions contemplated hereby and thereby, have been duly authorized by all necessary corporate action of BOLDCreative, and no other corporate proceedings on the part of BOLD Creative are necessary to authorize the Transaction Agreements or to consummate the transactions contemplated hereby and thereby. The Transaction Agreements constitute the valid and legally binding obligation of BOLD Creative and is are enforceable in accordance with its their terms, except as such enforcement may be limited by general equitable principles, or by bankruptcy, insolvency and other similar laws affecting the enforcement of creditors rights generally. BOLD does Creative is not need required to give any notice to, make any filings with, or obtain any authorization, consent or approval of any government or governmental agency or other party in order for it to consummate the transactions contemplated by any of the Transaction Agreements, other than filings that may be required or permitted under states securities laws, the Securities Act and/or the Securities Exchange Act of 1934, as amended (the “Exchange Act”) resulting from the issuance of the BOLD Creative Preferred Shares in connection with the Share ExchangeExchange and transaction contemplated herein.

Appears in 1 contract

Samples: Agreement and Plan for Share Exchange (CREATIVE LEARNING Corp)

Authorization, Validity and Enforceability of Agreements. BOLD FORMRUNNER has all corporate power and authority to execute and deliver this Agreement and all agreements, instruments instruments, and other documents to be executed and delivered in connection with the transactions contemplated by this Agreement (collectively the “Agreements”) to perform its obligations hereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery of the Agreements by BOLD FORMRUNNER and the consummation by BOLD FORMRUNNER of the transactions contemplated hereby and thereby, have been duly authorized by all necessary corporate action of BOLDFORMRUNNER, and no other corporate proceedings on the part of BOLD FORMRUNNER are necessary to authorize the Agreements or to consummate the transactions contemplated hereby and thereby. The Agreements constitute the valid and legally binding obligation of BOLD FORMRUNNER and is enforceable in accordance with its terms, except as such enforcement may be limited by general equitable principles, or by bankruptcy, insolvency and other similar laws affecting the enforcement of creditors rights generally. BOLD FORMRUNNER does not need to give any notice to, make any filings with, or obtain any authorization, consent or approval of any government or governmental agency or other party in order for it to consummate the transactions contemplated by any of the Agreements, other than filings that may be required or permitted under states securities laws, the Securities Act and/or the Securities Exchange Act of 1934, as amended (the “Exchange Act”) resulting from the issuance of the BOLD FORMRUNNER Shares in connection with the Share Exchange.

Appears in 1 contract

Samples: Share Exchange Agreement (FBC Holding, Inc.)

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Authorization, Validity and Enforceability of Agreements. BOLD CENTURYTOUCH has all corporate power and authority to execute and deliver this Agreement and all agreements, instruments and other documents to be executed and delivered in connection with the transactions contemplated by this Agreement (collectively the “Agreements”) to perform its obligations hereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery of the Agreements this Agreement by BOLD CENTURYTOUCH and the consummation by BOLD CENTURYTOUCH of the transactions contemplated hereby and thereby, have been duly authorized by all necessary corporate action of BOLDCENTURYTOUCH, and no other corporate proceedings on the part of BOLD CENTURYTOUCH are necessary to authorize the Agreements this Agreement or to consummate the transactions contemplated hereby and thereby. The Agreements constitute This Agreement constitutes the valid and legally binding obligation of BOLD CENTURYTOUCH and is enforceable in accordance with its terms, except as such enforcement may be limited by general equitable principles, or by bankruptcy, insolvency and other similar laws affecting the enforcement of creditors rights generally. BOLD CENTURYTOUCH does not need to give any notice to, make any filings with, or obtain any authorization, consent or approval of any government or governmental agency or other party person in order for it to consummate the transactions contemplated by any of the Agreementsthis Agreement, other than filings that may be required or permitted under states securities laws, the Securities Act and/or the Securities Exchange Act of 1934, as amended (the “Exchange Act”) resulting from the issuance of the BOLD CENTURYTOUCH Shares or securities in connection with the Share ExchangePrivate Placement.

Appears in 1 contract

Samples: Share Exchange Agreement (Centurytouch LTD)

Authorization, Validity and Enforceability of Agreements. BOLD TIGER has all corporate power and authority to execute and deliver this Agreement and all agreements, instruments and other documents to be executed and delivered in connection with the transactions contemplated by this Agreement (collectively the “Agreements”) to perform its obligations hereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery of the Agreements by BOLD TIGER and the consummation by BOLD TIGER of the transactions contemplated hereby and thereby, have been duly authorized by all necessary corporate action of BOLDTIGER, and no other corporate proceedings on the part of BOLD TIGER are necessary to authorize the Agreements or to consummate the transactions contemplated hereby and thereby. The Agreements constitute the valid and legally binding obligation of BOLD TIGER and is enforceable in accordance with its terms, except as such enforcement may be limited by general equitable principles, or by bankruptcy, insolvency and other similar laws affecting the enforcement of creditors rights generally. BOLD TIGER does not need to give any notice to, make any filings with, or obtain any authorization, consent or approval of any government or governmental agency or other party in order for it to consummate the transactions contemplated by any of the Agreements, other than filings that may be required or permitted under states securities laws, the Securities Act and/or the Securities Exchange Act of 1934, as amended (the “Exchange Act”) resulting from the issuance of the BOLD TIGER Shares in connection with the Share Exchange.

Appears in 1 contract

Samples: Share Exchange Agreement (Tiger Jiujiang Mining, Inc.)

Authorization, Validity and Enforceability of Agreements. BOLD ISRB has all corporate power and authority to execute and deliver this Agreement and all agreements, instruments and other documents to be executed and delivered in connection with the transactions contemplated by this Agreement (collectively the “Agreements”) to perform its obligations hereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery of the Agreements by BOLD ISRB and the consummation by BOLD ISRB of the transactions contemplated hereby and thereby, have been duly authorized by all necessary corporate action of BOLDISRB, and no other corporate proceedings on the part of BOLD ISRB are necessary to authorize the Agreements or to consummate the transactions contemplated hereby and thereby. The Agreements constitute the valid and legally binding obligation of BOLD ISRB and is enforceable in accordance with its terms, except as such enforcement may be limited by general equitable principles, or by bankruptcy, insolvency and other similar laws affecting the enforcement of creditors rights generally. BOLD ISRB does not need to give any notice to, make any filings with, or obtain any authorization, consent or approval of any government or governmental agency or other party in order for it to consummate the transactions contemplated by any of the Agreements, other than filings that may be required or permitted under states securities laws, the Securities Act and/or the Securities Exchange Act of 1934, as amended (the “Exchange Act”) resulting from the issuance of the BOLD ISRB Shares in connection with the Share Exchange.

Appears in 1 contract

Samples: Share Exchange Agreement (Inspired Builders, Inc.)

Authorization, Validity and Enforceability of Agreements. BOLD The Company has all corporate power and authority to execute and deliver this Agreement and all agreements, instruments and other documents to be executed and delivered in connection with the transactions contemplated by this Agreement (collectively the “Agreements”) to perform its obligations hereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery of the Agreements by BOLD the Company and the consummation by BOLD the Company of the transactions contemplated hereby and thereby, have been duly authorized by all necessary corporate action of BOLDthe Company, and no other corporate proceedings on the part of BOLD the Company are necessary to authorize the Agreements or to consummate the transactions contemplated hereby and thereby. The Agreements constitute the valid and legally binding obligation of BOLD the Company and is enforceable in accordance with its terms, except as such enforcement may be limited by general equitable principles, or by bankruptcy, insolvency and other similar laws affecting the enforcement of creditors rights generally. BOLD Except for the Share Increase, the Company does not need to give any notice to, make any filings with, or obtain any authorization, consent or approval of any government or governmental agency or other party in order for it to consummate the transactions contemplated by any of the Agreements, other than filings that may be required or permitted under states securities laws, the Securities Act and/or the Securities Exchange Act of 1934, as amended (the “Exchange Act”) resulting from the issuance of the BOLD Shares Exchanged Securities in connection with the Share Securities Exchange.

Appears in 1 contract

Samples: Securities Exchange Agreement

Authorization, Validity and Enforceability of Agreements. BOLD Wireless Attachments has all corporate power and authority to execute and deliver this Agreement and all agreements, instruments and other documents to be executed and delivered in connection with the transactions contemplated by this Agreement (collectively the “Agreements”) to perform its obligations hereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery of the Agreements by BOLD Wireless Attachments and the consummation by BOLD Wireless Attachments of the transactions contemplated hereby and thereby, have been duly authorized by all necessary corporate action of BOLDWireless Attachments, and no other corporate proceedings on the part of BOLD Wireless Attachments are necessary to authorize the Agreements or to consummate the transactions contemplated hereby and thereby. The Agreements constitute the valid and legally binding obligation of BOLD Wireless Attachments and is enforceable in accordance with its terms, except as such enforcement may be limited by general equitable principles, or by bankruptcy, insolvency and other similar laws affecting the enforcement of creditors creditors’ rights generally. BOLD Wireless Attachments does not need to give any notice to, make any filings with, or obtain any authorization, consent or approval of any government or governmental agency or other party in order for it to consummate the transactions contemplated by any of the Agreements, other than filings that may be required or permitted under states securities laws, the Securities Act and/or the Securities Exchange Act of 1934, as amended (the “Exchange Act”) resulting from the issuance of the BOLD Wireless Attachments Shares in connection with the Share Exchange.

Appears in 1 contract

Samples: Share Exchange Agreement (Wireless Attachments, Inc.)

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