Common use of Corporation Authorization Clause in Contracts

Corporation Authorization. Each Holder that is not a natural person represents and warrants to each of the other Holders and Pubco that such Holder is validly organized and existing under the laws of its state of organization and has all requisite power and authority to execute and deliver this Agreement, to perform fully its obligations hereunder and to consummate the transactions contemplated hereby, and that this Agreement constitutes the valid and binding agreement of such Holder.

Appears in 19 contracts

Samples: Management Incentive Unit Agreement (BRP Group, Inc.), Stockholders Agreement (Goosehead Insurance, Inc.), Stockholders Agreement (Goosehead Insurance, Inc.)

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Corporation Authorization. Each Holder that is not a natural person represents and warrants to each of the other Holders and Pubco that such Holder is validly organized and existing under the laws of its state of organization and has all requisite power and authority to execute and deliver this Second Voting Agreement, to perform fully its obligations hereunder and to consummate the transactions contemplated hereby, and that this Second Voting Agreement constitutes the valid and binding agreement of such Holder.

Appears in 1 contract

Samples: Second Voting Agreement (Jones Mark Evan)

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