Common use of Corporate Authorization; Enforceability Clause in Contracts

Corporate Authorization; Enforceability. The execution, delivery and performance by the Company of this Agreement are within the corporate powers and have been, duly authorized by all necessary corporate action on the part of the Company. This Agreement has been duly executed and delivered by the Company and constitutes the valid and binding agreement of the Company, enforceable against the Company in accordance with its terms, except to the extent that its enforceability may be subject to applicable bankruptcy, insolvency, reorganization, moratorium and similar laws affecting the enforcement of creditors’ rights generally and by general equitable principles.

Appears in 2 contracts

Samples: Cancellation and Transfer Agreement (TabacaleraYsidron, Inc.), Form of Share Cancellation Agreement (Makkanotti Group Corp.)

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Corporate Authorization; Enforceability. The execution, delivery and performance by the Company of this Agreement are is within the Company's corporate powers and have been, has been duly authorized by all necessary corporate action on the part of the Company. This Agreement has been duly executed and delivered by the Company and constitutes the a valid and binding agreement of the Company, enforceable against the Company in accordance with its terms, except to the extent that its as enforceability may be subject to applicable affected by bankruptcy, insolvency, reorganization, moratorium and or other similar laws affecting the enforcement of creditors’ rights generally and by general equitable principleslaws.

Appears in 2 contracts

Samples: Redemption Agreement (Childrens Place Retail Stores Inc), Redemption Agreement (Childrens Place Retail Stores Inc)

Corporate Authorization; Enforceability. The execution, delivery and performance by the Company of this Agreement are is within the its corporate powers and have been, has been duly authorized by all necessary corporate action on the part of the Company, including authorization by its full Board of Directors. This Agreement has been duly executed and delivered by the Company and constitutes the valid and binding agreement obligation of the Company, enforceable against the Company in accordance with its terms, except to the extent that its enforceability may be subject to applicable bankruptcy, insolvency, reorganization, moratorium and similar laws Laws affecting the enforcement of creditors’ rights generally and by general equitable principles.

Appears in 1 contract

Samples: Stock Purchase Agreement (Genesis Fluid Solutions Holdings, Inc.)

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Corporate Authorization; Enforceability. The execution, delivery and performance by the Company of this Agreement are is within the its corporate powers and have been, has been duly authorized by all necessary corporate action on the part of the Company. This Agreement has been duly executed and delivered by the Company and constitutes the valid and binding agreement obligation of the Company, enforceable against the Company in accordance with its terms, except to the extent that its enforceability may be subject to applicable bankruptcy, insolvency, reorganization, moratorium and similar laws Laws affecting the enforcement of creditors’ rights generally and by general equitable principles.

Appears in 1 contract

Samples: Spinoff Agreement (Eclips Media Technologies, Inc.)

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