Common use of Approval and Authorization Clause in Contracts

Approval and Authorization. The execution and delivery of this Agreement and the performance of the transactions contemplated herein have been duly and validly authorized by all necessary action on the part of the Buyer and is a legal, valid and binding obligation of the Buyer, enforceable against the Buyer in accordance with its terms subject to bankruptcy, insolvency, reorganization, moratorium and similar laws of general application relating to, or affecting creditor's rights and general equity principles.

Appears in 5 contracts

Samples: Asset Purchase Agreement (BeautyKind Holdings, Inc.), Agreement for the Purchase and Sale of Personal Goodwill, Escrow Agreement (Craftmade International Inc)

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Approval and Authorization. The execution and delivery of this Agreement and the performance of the transactions contemplated herein have been duly and validly authorized by all necessary action on the part of the Buyer and is a legal, valid and binding obligation of the Buyer, enforceable against the Buyer in accordance with its terms subject to bankruptcy, insolvency, reorganization, moratorium and similar laws of general application relating to, to or affecting creditor's rights and general equity principles.

Appears in 3 contracts

Samples: Goodwill Purchase Agreement (Winsonic Digital Media Group LTD), Goodwill Purchase Agreement (Winsonic Digital Media Group LTD), Goodwill Purchase Agreement (Carreker Corp)

Approval and Authorization. The execution and delivery of this Agreement and the performance of the transactions contemplated herein have been duly and validly authorized by all necessary action on the part of the Buyer Purchaser, and this Agreement is a legal, valid and binding obligation of the BuyerPurchaser, enforceable against the Buyer Purchaser in accordance with its terms subject to bankruptcy, insolvency, reorganization, moratorium and similar laws of general application relating to, or affecting creditor's rights and general equity principlesterms.

Appears in 2 contracts

Samples: Agreement for the Purchase and Sale of Personal Goodwill (Craftmade International Inc), Agreement for the Purchase and Sale of Personal Goodwill (Craftmade International Inc)

Approval and Authorization. The execution and delivery of this Agreement and the performance of the transactions contemplated herein have been duly and validly authorized by all necessary action on the part of the Buyer and is a legal, valid and binding obligation of the Buyer, enforceable against the Buyer in accordance with its terms subject to bankruptcy, insolvency, reorganization, moratorium and similar laws of general application relating to, to or affecting creditor's ’s rights and general equity principles.

Appears in 1 contract

Samples: Stock Purchase Agreement (Nexeo Solutions Holdings, LLC)

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Approval and Authorization. The execution and delivery of this Agreement and the performance of the transactions contemplated herein have been duly and validly authorized by all necessary action on the part of the Buyer and is a are legal, valid valid, and binding obligation obligations of the Buyer, enforceable against the Buyer in accordance with its the terms hereof subject to bankruptcy, insolvency, reorganization, moratorium and similar laws of general application relating to, or affecting creditor's rights and general equity principlesthe Enforceability Exceptions.

Appears in 1 contract

Samples: Personal Goodwill Purchase and Sale Agreement (Ufp Technologies Inc)

Approval and Authorization. The execution and delivery of this Agreement and the performance of the transactions contemplated herein have been duly and validly authorized by all necessary action on the part of the Buyer and is a legal, valid and binding obligation of the Buyer, enforceable against the Buyer in accordance with its terms subject to bankruptcy, insolvency, reorganization, moratorium and similar laws of general application relating to, or affecting creditor's creditors’ rights and general equity principles.

Appears in 1 contract

Samples: Agreement for the Purchase and Sale of Personal Goodwill (Ufp Technologies Inc)

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