Common use of Authority and Binding Agreement Clause in Contracts

Authority and Binding Agreement. (i) It has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder, (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of this Agreement and the performance of its obligations hereunder, and (iii) this Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its terms, except as enforcement may be affected by bankruptcy, insolvency or other similar laws and by general principles of equity.

Appears in 18 contracts

Samples: License and Supply Agreement (UroGen Pharma Ltd.), License, Development and Commercialization Agreement (Aimmune Therapeutics, Inc.), License, Development and Commercialization Agreement (Brickell Biotech, Inc.)

AutoNDA by SimpleDocs

Authority and Binding Agreement. (ia) It has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder, (iib) it has taken all necessary corporate action on its part required to authorize the execution and delivery of this Agreement and the performance of its obligations hereunder, and (iiic) this Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, valid and binding obligation of such Party that is enforceable against it in accordance with its terms, except as enforcement may be affected by bankruptcy, insolvency or other similar laws and by general principles of equity.

Appears in 3 contracts

Samples: Development and Commercialization Agreement (Zura Bio LTD), Development and Commercialization Agreement (JATT Acquisition Corp), Development and Commercialization Agreement (JATT Acquisition Corp)

Authority and Binding Agreement. (ia) It has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder, (iib) it has taken all necessary corporate action on its part required to authorize the execution and delivery of this Agreement and the performance of its obligations hereunder, and (iiic) this Agreement has been duly executed and delivered on behalf of such Party, Party and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its terms, except as enforcement may be affected by bankruptcy, insolvency or other similar laws and by general principles of equity.

Appears in 2 contracts

Samples: Distribution Agreement (Neuronetics, Inc.), Distribution Agreement (Neuronetics, Inc.)

Authority and Binding Agreement. (ia) It has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder, (iib) it has taken all necessary corporate action on its part required to authorize the execution and delivery of this Agreement and the performance of its obligations hereunder, and (iiic) this Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its terms, except as enforcement may be affected by bankruptcy, insolvency insolvency, or other similar laws and by general principles of equity.

Appears in 1 contract

Samples: Development and Commercialization Agreement (Agenus Inc)

AutoNDA by SimpleDocs

Authority and Binding Agreement. (i) It has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder, ; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of this Agreement and the performance of its obligations hereunder, hereunder and (iii) this Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its terms, except as enforcement may be affected by bankruptcy, insolvency or other similar laws and by general principles of equity.

Appears in 1 contract

Samples: License and Collaboration Agreement (Immunomedics Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.