Common use of Enforceability and Authority; No Conflict Clause in Contracts

Enforceability and Authority; No Conflict. (a) The execution, delivery, and performance by Buyer of this Agreement and Buyer’s Closing Documents have been duly authorized by all necessary corporate action. This Agreement has been duly executed and delivered by Buyer and constitutes the legal, valid, and binding obligation of Buyer, enforceable against Buyer in accordance with its terms. Upon execution and delivery of Buyer’s Closing Documents by Buyer, each of Buyer’s Closing Documents will constitute the legal, valid, and binding obligation of Buyer, enforceable against Buyer in accordance with its terms. Buyer has the absolute and unrestricted right, power, and authority to execute and deliver this Agreement and Buyer’s Closing Documents and to perform its obligations under this Agreement and Buyer’s Closing Documents.

Appears in 7 contracts

Samples: Stock Purchase Agreement, Share Purchase Agreement (Xspand Products Lab, Inc.), Membership Interest Purchase Agreement (Helix TCS, Inc.)

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