Common use of Valid and Binding Agreement Clause in Contracts

Valid and Binding Agreement. The execution, delivery and performance of this Agreement by Buyer have been duly and validly authorized by all necessary corporate action. This Agreement has been duly executed and delivered by Buyer and constitutes the valid and binding obligation of Buyer, enforceable against it in accordance with its terms.

Appears in 2 contracts

Samples: Adr Purchase Agreement (Grand Toys International Inc), Ads Purchase Agreement (Grand Toys International Inc)

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Valid and Binding Agreement. The execution, delivery and performance of this Agreement by Buyer have has been duly and validly authorized by all necessary corporate action. This Agreement has and each other Transaction Document to which Buyer is a party have been duly executed and delivered by Buyer and constitutes the valid and binding obligation of Buyer, enforceable against it in accordance with its terms, subject to the Remedies Exception.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Daseke, Inc.), Purchase and Sale Agreement (Daseke, Inc.)

Valid and Binding Agreement. The execution, delivery and performance of this Agreement by Buyer have been duly and validly authorized by all necessary corporate action. This Agreement has been duly validly executed and delivered by Buyer and constitutes the a valid and binding obligation of Buyer, Buyer enforceable against it in accordance with its terms.

Appears in 2 contracts

Samples: Purchase Agreement (Family Home Health Services, Inc.), Purchase Agreement (Family Home Health Services, Inc.)

Valid and Binding Agreement. The execution, delivery and performance of this Agreement by Buyer and Parent have been duly and validly authorized by all necessary corporate action. This Agreement has been duly executed and delivered by Buyer and Parent and constitutes the valid and binding obligation of BuyerBuyer and Parent, enforceable against it them in accordance with its terms, subject to the Remedies Exception.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Concentra Operating Corp), Stock Purchase Agreement (Integramed America Inc)

Valid and Binding Agreement. The execution, delivery and performance of this Agreement by Buyer have been duly and validly authorized by all necessary corporate action. This Agreement has been duly executed and delivered by Buyer and constitutes the valid and binding obligation of Buyer, enforceable against it in accordance with its terms, subject to the Remedies Exception.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Patina Oil & Gas Corp), Stock Purchase Agreement (Infowave Software Inc)

Valid and Binding Agreement. The execution, delivery and performance by Seller of this Agreement by Buyer have been duly and validly authorized by all necessary corporate action. This Agreement has been duly executed and delivered by Buyer Seller and constitutes the valid and binding obligation of BuyerSeller, enforceable against it Seller in accordance with its terms, subject to the Remedies Exception.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (American Real Estate Partners L P)

Valid and Binding Agreement. The execution, delivery and performance of this Agreement by Buyer have been duly and validly authorized by all necessary corporate action. This Agreement has been duly authorized and executed and delivered by on behalf of Buyer and all necessary action on the part of Buyer to authorize the transactions herein contemplated has been taken, and no further action will be necessary for such purpose. This Agreement constitutes the valid and binding obligation agreement of Buyer, enforceable against it in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting generally the enforcement of creditor’s rights.

Appears in 1 contract

Samples: Agreement for the Purchase and Sale of Property (Diamond Resorts International, Inc.)

Valid and Binding Agreement. The execution, delivery and performance of this Agreement by Buyer have been duly and validly authorized by all necessary corporate limited liability company action. This Agreement has been duly executed and delivered by Buyer and constitutes the valid and binding obligation of Buyer, enforceable against it in accordance with its terms, subject to the Remedies Exception.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (American Real Estate Partners L P)

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Valid and Binding Agreement. The execution, delivery and performance of this Agreement by Buyer have been duly and validly authorized by all necessary corporate action. This Agreement has been duly executed and delivered by Buyer and constitutes the valid and binding obligation of Buyer, enforceable against it in accordance with its terms, subject to the Bankruptcy and Equity Exception.

Appears in 1 contract

Samples: Sale and Support Agreement (Watsco Inc)

Valid and Binding Agreement. The execution, delivery and performance of this Agreement by Buyer have has been duly and validly authorized by all necessary corporate company action. This Agreement has and each other Transaction Document to which Buyer is a party have been duly executed and delivered by Buyer and constitutes the valid and binding obligation of Buyer, enforceable against it in accordance with its terms, subject to the Remedies Exception.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Daseke, Inc.)

Valid and Binding Agreement. The execution, delivery and performance of this Agreement by Buyer have such Owner has been duly and validly authorized by all necessary corporate or equivalent action. This Agreement has been duly executed and delivered by Buyer such Owner and constitutes the valid and binding obligation of Buyersuch Owner, enforceable against it in accordance with its terms, subject to the Remedies Exception.

Appears in 1 contract

Samples: Inducement Agreement (Imation Corp)

Valid and Binding Agreement. The Assuming Stockholder Approval, the execution, delivery and performance of this Agreement by Buyer have been will be duly and validly authorized by all necessary corporate action. This Agreement has been duly executed and delivered by Buyer and constitutes the valid and binding obligation of Buyer, enforceable against it in accordance with its terms, subject to the Remedies Exception.

Appears in 1 contract

Samples: Buyer Option Agreement (Irvine Sensors Corp/De/)

Valid and Binding Agreement. The execution, delivery and performance of this Agreement by Buyer have Seller has been duly and validly authorized by all necessary corporate action. This Agreement has been duly executed and delivered by Buyer Seller and constitutes the valid and binding obligation of BuyerSeller, enforceable against it in accordance with its terms, subject to the Remedies Exception.

Appears in 1 contract

Samples: Stock Purchase Agreement (Concentra Operating Corp)

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