Common use of Execution and Effect of Agreement Clause in Contracts

Execution and Effect of Agreement. Buyer has the requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunder, and the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby and the performance of Buyer’s obligations hereunder have been duly authorized by all necessary corporate action on the part of Buyer. This Agreement has been duly executed and delivered by Buyer and constitutes the legal, valid and binding obligation of Buyer, enforceable against it in accordance with its terms, subject to the Enforceability Exceptions.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Rainmaker Systems Inc), Asset Purchase Agreement (Rainmaker Systems Inc), Asset Purchase Agreement (Rainmaker Systems Inc)

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Execution and Effect of Agreement. Buyer has the requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunder, and the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby and the performance of Buyer’s obligations hereunder have been duly authorized by all necessary corporate action on the part of Buyer. This Agreement has been duly executed and delivered by Buyer and constitutes the legal, valid and binding obligation of Buyer, enforceable against it in accordance with its terms, subject to the Enforceability Exceptions.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Macrovision Corp), Asset Purchase Agreement (Macrovision Corp)

Execution and Effect of Agreement. Buyer has the requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunder, under this Agreement and the execution and delivery of this Agreement Agreement, and the consummation of the transactions transaction contemplated hereby and the performance of Buyer’s obligations hereunder have hereby, has been duly authorized by all necessary corporate action on the part of Buyer. This Agreement has been duly executed and delivered by Buyer and constitutes the legal, valid and binding obligation of Buyer, Buyer enforceable against it in accordance with its terms, subject to the Enforceability Exceptions.

Appears in 1 contract

Samples: Stock Purchase Agreement (Airnet Systems Inc)

Execution and Effect of Agreement. Buyer has the requisite full corporate power and authority to enter into this Agreement and to perform its obligations hereunder, and the other documents contemplated hereby. The execution and delivery of this Agreement and the other documents contemplated hereby and the consummation of the transactions contemplated hereby and the performance of Buyer’s obligations hereunder thereby have been duly authorized by all the necessary corporate action on the part of Buyer. This , and no other proceedings will be necessary to authorize this Agreement has been duly executed or the other documents contemplated hereby or the consummation of the transactions contemplated hereby or thereby, and delivered by Buyer and this Agreement constitutes the legal, valid and binding obligation of Buyer, enforceable against it Buyer in accordance with its terms, subject to the Enforceability Exceptions.

Appears in 1 contract

Samples: Stock Purchase Agreement (Moll Industries Inc)

Execution and Effect of Agreement. Buyer has and its designated affiliates, as the requisite case may be, have the full corporate power and authority to enter into this Agreement and to perform its obligations hereunder, and the other documents contemplated hereby. The execution and delivery of this Agreement Agreement, and other document contemplated hereby and the consummation of the transactions contemplated hereby and the performance of Buyer’s obligations hereunder have been duly authorized by all the necessary corporate action on the part of Buyer. This , and this Agreement has been duly executed and delivered by Buyer and constitutes the legal, a valid and binding obligation of Buyer, enforceable against it Buyer in accordance with its terms, subject to the Enforceability Exceptions.

Appears in 1 contract

Samples: Purchase Agreement (Graham Packaging Holdings Co)

Execution and Effect of Agreement. Buyer has the requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunder, and the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby and the performance of Buyer’s 's obligations hereunder have been duly authorized by all necessary corporate action on the part of Buyer. This Agreement has been duly executed and delivered by Buyer and constitutes the legal, valid and binding obligation of Buyer, enforceable against it in accordance with its terms, subject to the Enforceability Exceptions.

Appears in 1 contract

Samples: Purchase Agreement (Core Mark International Inc)

Execution and Effect of Agreement. Buyer has the requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunder, and the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby Contemplated Transactions and the performance of Buyer’s obligations hereunder have been duly authorized by all necessary corporate action on the part of Buyer. This Agreement has been duly executed and delivered by Buyer and constitutes the legal, valid and binding obligation of Buyer, enforceable against it in accordance with its terms, subject to the Enforceability Exceptions.

Appears in 1 contract

Samples: Stock Purchase Agreement (Rainmaker Systems Inc)

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Execution and Effect of Agreement. Buyer has the requisite corporate full right, power and authority to enter into and perform under and pursuant to this Agreement and to perform its obligations hereunder, and the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby and the performance of Buyer’s obligations hereunder have been duly authorized by all necessary corporate action on the part of BuyerAgreement. This Agreement has been duly executed and delivered by Buyer and constitutes the is a legal, valid and binding obligation of Buyer, Buyer enforceable against it in accordance with its terms, subject to the Enforceability Exceptions.

Appears in 1 contract

Samples: Stock Purchase Agreement (Colonial Direct Financial Group Inc)

Execution and Effect of Agreement. Buyer has the requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunderAgreement, and the execution and delivery of this Agreement and the consummation of the transactions and contemplated hereby and the performance of Buyer’s obligations hereunder have been duly authorized by all necessary corporate action on the part of Buyer. This Agreement has been duly executed and delivered by Buyer and constitutes the a legal, valid and binding obligation of Buyer, enforceable against it Buyer in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance, and other Laws affecting the Enforceability Exceptionsrights of creditors generally.

Appears in 1 contract

Samples: Stock Purchase Agreement (Litton Industries Inc)

Execution and Effect of Agreement. Buyer has the requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunder, and the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby and the performance of Buyer’s 's obligations hereunder have been duly authorized by all necessary corporate action on the part of Buyer. This Agreement has been duly executed and delivered by Buyer and constitutes the legal, valid and binding obligation of Buyer, enforceable against it Buyer in accordance with its terms, subject to the Enforceability Exceptions.

Appears in 1 contract

Samples: Asset Purchase Agreement (Designs Inc)

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