Common use of Authorization; Validity; Enforcement Clause in Contracts

Authorization; Validity; Enforcement. This Agreement and the Registration Rights Agreement have been duly and validly authorized, executed and delivered on behalf of such Buyer and constitute the legal, valid and binding obligations of such Buyer enforceable against such Buyer in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or to applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.

Appears in 4 contracts

Sources: Securities Purchase Agreement (Integrated Biopharma Inc), Securities Purchase Agreement (I2 Telecom International Inc), Securities Purchase Agreement (Artemis International Solutions Corp)

Authorization; Validity; Enforcement. This Agreement and the Registration Rights Agreement have been duly and validly authorized, executed and delivered on behalf of such Buyer and shall constitute the legal, valid and binding obligations of such Buyer enforceable against such Buyer in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or to applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors' rights and remedies.

Appears in 3 contracts

Sources: Securities Purchase Agreement (Millennium Cell Inc), Securities Purchase Agreement (Millennium Cell Inc), Securities Purchase Agreement (Lakes Entertainment Inc)

Authorization; Validity; Enforcement. This Agreement and the Registration Rights Agreement to which the Buyer is a party have been duly and validly authorized, executed and delivered on behalf of such the Buyer and shall constitute the legal, valid and binding obligations of such the Buyer enforceable against such the Buyer in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or to applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors' rights and remedies.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Natural Gas Systems Inc/New), Securities Purchase Agreement (Natural Gas Systems Inc/New)

Authorization; Validity; Enforcement. This Agreement has been, and the Registration Rights Agreement shall have been by the Closing Date, duly and validly authorized, executed and delivered on behalf of such Buyer and shall constitute the legal, valid and binding obligations of such Buyer enforceable against such Buyer in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or to applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.

Appears in 1 contract

Sources: Securities Purchase Agreement (Commerce One Inc / De/)

Authorization; Validity; Enforcement. This Agreement and the Registration Rights Agreement have been duly and validly authorized, executed and delivered on behalf of such Buyer and shall constitute the legal, valid and binding obligations of such Buyer enforceable against such Buyer in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or to applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.

Appears in 1 contract

Sources: Securities Purchase Agreement (NGAS Resources Inc)