Common use of Contemplated Transaction Clause in Contracts

Contemplated Transaction. The execution, delivery and performance by the Company of this Agreement and each Ancillary Agreement to which it is (or will be) a party and the consummation by the Company of the Contemplated Transactions are within the corporate power and authority of the Company and have been duly authorized by all necessary corporate action on the part of the Company. This Agreement and each Ancillary Agreement to which the Company is (or will be) a party (a) has been (or, in the case of Ancillary Agreements to be entered into at or prior to the Closing, will be) duly executed and delivered by the Company and (b) is (or, in the case of Ancillary Agreements to be entered into at or prior to the Closing, will be) a legal, valid and binding obligation of the Company, Enforceable against the Company in accordance with its terms.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sapient Corp)

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Contemplated Transaction. The execution, delivery and performance by the each Acquired Company of this Agreement and each Ancillary Agreement to which it is (or will be) a party and the consummation by the Company of the Contemplated Transactions are within the corporate power and authority of the each Acquired Company and have been duly authorized by all necessary corporate action on the part of the each Acquired Company. This Agreement and each Ancillary Agreement to which the each Acquired Company is (or will be) a party (a) has been (or, in the case of Ancillary Agreements to be entered into at or prior to the Closing, will be) duly executed and delivered by the each Acquired Company and (b) is (or, in the case of Ancillary Agreements to be entered into at or prior to the Closing, will be) a legal, valid and binding obligation of the such Acquired Company, Enforceable enforceable against the each such Acquired Company in accordance with its terms.

Appears in 1 contract

Samples: LLC Interest Purchase Agreement (I2 Technologies Inc)

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Contemplated Transaction. The execution, delivery and performance by the Company of this Agreement and each Ancillary Agreement to which it is (or will be) a party and the consummation by the Company of the Contemplated Transactions are within the corporate power and authority of the Company and have been duly authorized by all necessary corporate action on the part of the Company. This Agreement and each Ancillary Agreement to which the Company is (or will be) a party (a) has been (or, in the case of Ancillary Agreements to be entered into at or prior to the Closing, will be) duly executed and delivered by the Company and (b) is (or, in the case of Ancillary Agreements to be entered into at or prior to the Closing, will be) a legal, valid and binding obligation of the Company, Enforceable enforceable against the Company in accordance with its terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Starrett L S Co)

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