Common use of LIQTECH Clause in Contracts

LIQTECH. has the power and authority to execute and deliver this Agreement and to perform and consummate the transactions contemplated hereby. The execution, delivery and performance by LIQTECH of this Agreement and consummation of the transactions contemplated herein have been duly authorized and approved by all necessary corporate actions, including but not limited to duly and validly authorized action and approval by the board of directors of LIQTECH. This Agreement constitutes the valid and legally binding obligation of LIQTECH, enforceable against it in accordance with its terms, except to the extent that enforcement of the rights and remedies created hereby may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws now or hereafter in effect relating to creditors’ rights generally or to general principles of equity.