Common use of Due Execution and Enforceability Clause in Contracts

Due Execution and Enforceability. The Company and the Sellers have full power and authority to execute and deliver this Agreement and all other agreements contemplated hereby, and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by Seller and by the Company and constitutes the valid, binding and legally enforceable obligation of Sellers and the Company, enforceable in accordance with its terms, except to the extent that enforcement may be affected by bankruptcy, insolvency, reorganization, moratorium or other laws relating to or affecting the enforcement of the rights and remedies of creditors generally and general equitable principles.

Appears in 2 contracts

Samples: Stock Exchange Agreement (Therapy Lasers Inc), Stock Exchange Agreement (Therapy Lasers Inc)

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Due Execution and Enforceability. The Each of the Company and the Sellers have full power and authority to execute and deliver this Agreement and all other agreements contemplated hereby, and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by Seller Sellers and by the Company and constitutes the valid, binding and legally enforceable obligation of Sellers and the Company, enforceable in accordance with its terms, except to the extent that enforcement may be affected by bankruptcy, insolvency, reorganization, moratorium or other laws relating to or affecting the enforcement of the rights and remedies of creditors generally and general equitable principles.

Appears in 1 contract

Samples: Merger Agreement (Pinnacle Global Group Inc)

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Due Execution and Enforceability. The Company and the Sellers have full power and authority to execute and deliver this Agreement and all other agreements contemplated hereby, and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by Seller Sellers and by the Company and constitutes the valid, binding and legally enforceable obligation of Sellers and the Company, enforceable in accordance with its terms, except to the extent that enforcement may be affected by bankruptcy, insolvency, reorganization, moratorium or other laws relating to or affecting the enforcement of the rights and remedies of creditors generally and general equitable principles.

Appears in 1 contract

Samples: Stock Purchase Agreement (Therapy Lasers Inc)

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