Common use of Corporate Acts and Proceedings Clause in Contracts

Corporate Acts and Proceedings. This Agreement has been duly authorized by all necessary corporate action on behalf of Buyer, has been duly executed and delivered by authorized officers of Buyer, and is a valid and binding Agreement on the part of Buyer that is enforceable against Buyer in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency, moratorium, reorganization or other similar laws affecting the enforcement of creditors' rights generally and to judicial limitations on the enforcement of the remedy of specific performance and other equitable remedies.

Appears in 6 contracts

Samples: Asset Purchase and Sale Agreement (Golden West Brewing Company, Inc.), Asset Purchase and Sale Agreement (Golden West Brewing Company, Inc.), Asset Purchase and Sale Agreement (XML Global Technologies Inc)

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Corporate Acts and Proceedings. This Agreement has been duly authorized by all necessary corporate action on behalf of BuyerSeller, has been duly executed and delivered by authorized officers of BuyerSeller, and is a valid and binding Agreement on the part of Buyer Seller that is enforceable against Buyer Seller in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency, moratorium, reorganization or other similar laws affecting the enforcement of creditors' rights generally and to judicial limitations on the enforcement of the remedy of specific performance and other equitable remedies.

Appears in 3 contracts

Samples: Asset Purchase and Sale Agreement (XML Global Technologies Inc), Asset Purchase and Sale Agreement (American Educational Products Inc), Asset Purchase and Sale Agreement (Skylynx Communications Inc)

Corporate Acts and Proceedings. This Agreement has been duly authorized by all necessary corporate action on behalf of BuyerSeller, has been duly executed and delivered by authorized officers of BuyerSeller, and is a valid and binding Agreement on the part of Buyer Seller that is enforceable against Buyer Sellers and Seller in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency, moratorium, reorganization or other similar laws affecting the enforcement of creditors' rights generally and to judicial limitations on the enforcement of the remedy of specific performance and other equitable remedies.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Southshore Corp /Co)

Corporate Acts and Proceedings. This Agreement has been duly authorized by all necessary corporate action on behalf of Buyerthe Company, and has been duly executed and delivered by authorized officers of Buyer, and the Company. This Agreement is a valid and binding Agreement on obligation of the part of Buyer that is Company, enforceable against Buyer in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency, moratorium, reorganization or other similar laws affecting the enforcement of creditors' ’ rights generally generally, and to except for judicial limitations on the enforcement of the remedy of specific performance enforcement and other equitable remedies.

Appears in 1 contract

Samples: Conversion and Voting Agreement (Hypertension Diagnostics Inc /Mn)

Corporate Acts and Proceedings. This Agreement has been duly authorized by all necessary corporate action on behalf of Buyer, has been duly executed and delivered by authorized officers of Buyer, and is a valid and binding Agreement on the part of Buyer that is enforceable against Buyer in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency, moratorium, reorganization or other similar laws affecting the enforcement of creditors' ’ rights generally and to judicial limitations on the enforcement of the remedy of specific performance and other equitable remedies.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Global Casinos Inc)

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Corporate Acts and Proceedings. This Agreement has been duly authorized by all necessary corporate action on behalf of BuyerPurchaser, has been duly executed and delivered by authorized officers of BuyerPurchaser, and is a valid and binding Agreement agreement on the part of Buyer Purchaser that is enforceable against Buyer Purchaser in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency, moratorium, reorganization or other similar laws affecting the enforcement of creditors' rights generally and to judicial limitations on the enforcement of the remedy of specific performance and other equitable remedies.

Appears in 1 contract

Samples: Agreement (Life Usa Holding Inc /Mn/)

Corporate Acts and Proceedings. This Agreement has been duly authorized by all necessary corporate action on behalf of Buyerthe Company, has been duly executed and delivered by authorized officers of Buyerthe Company, and is a valid and binding Agreement agreement on the part of Buyer that is the Company enforceable against Buyer the Company in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency, moratorium, reorganization or other similar laws affecting the enforcement of creditors' rights generally and to judicial limitations on the enforcement of the remedy of specific performance and other equitable remedies.

Appears in 1 contract

Samples: Agreement (Life Usa Holding Inc /Mn/)

Corporate Acts and Proceedings. This Agreement has been duly ------------------------------ authorized by all necessary corporate action on behalf of Buyer, and has been duly executed and delivered by authorized officers of BuyerBuyer and constitutes a legal, and is a valid and binding Agreement on the part agreement of Buyer that is enforceable against Buyer in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency, moratorium, reorganization or other similar laws affecting the enforcement of creditors' rights generally and to judicial limitations . All corporate action necessary on the enforcement part of Buyer for the consummation of the remedy of specific performance and other equitable remediesmatters described herein has been taken by Buyer, or will be taken by Buyer on or before the Closing Date.

Appears in 1 contract

Samples: Stock Purchase Agreement (Virtual Mortgage Network Inc)

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