Common use of Due Authorization, etc Clause in Contracts

Due Authorization, etc. Such Stockholder has all requisite power and authority to execute, deliver and perform this Agreement, to appoint Purchaser as its Proxy and to consummate the transactions contemplated hereby. The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by all necessary action on the part of such Stockholder. This Agreement has been duly executed and delivered by or on behalf of such Stockholder and constitutes a legal, valid and binding obligation of such Stockholder, enforceable against such Stockholder in accordance with its terms.

Appears in 5 contracts

Samples: Support and Exchange Agreement (Oriole Homes Corp), Support and Exchange Agreement (Loeb Partners Corp), Support and Exchange Agreement (Oriole Homes Corp)

AutoNDA by SimpleDocs

Due Authorization, etc. Such The Stockholder has all requisite power and authority to execute, deliver and perform this Agreement, to appoint Purchaser as its Proxy and to consummate the transactions contemplated hereby. The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by all necessary action on the part of such the Stockholder. This Agreement has been duly executed and delivered by or on behalf of such the Stockholder and constitutes a legal, valid and binding obligation of such the Stockholder, enforceable against such the Stockholder in accordance with its terms.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Yak Communications Inc), Agreement and Plan of Merger (Globalive Communications Corp.), Support and Exchange Agreement (Yak Communications Inc)

Due Authorization, etc. Such Stockholder has all requisite power and authority capacity to execute, execute and deliver and perform this Agreement, to appoint Purchaser as its Proxy and to consummate the transactions contemplated hereby. The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by all necessary action on the part of such to perform Stockholder's obligations hereunder. This Agreement has been duly executed and delivered by or on behalf of such Stockholder and constitutes a legal, valid and binding obligation of such Stockholder, enforceable against such Stockholder in accordance with its terms, subject to (a) laws of general application relating to bankruptcy, insolvency and the relief of debtors, and (b) rules of law governing specific performance, injunctive relief and other equitable remedies.

Appears in 2 contracts

Samples: Company Voting Agreement (Flextronics International LTD), Company Voting Agreement (Flextronics International LTD)

Due Authorization, etc. Such Stockholder has all requisite power and authority to execute, deliver and perform this Agreement, to appoint Purchaser and Parent as its Proxy and to consummate the transactions contemplated hereby. The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by all necessary action on the part of such Stockholder. This Agreement has been duly executed and delivered by or on behalf of such Stockholder and constitutes a legal, valid and binding obligation of such Stockholder, enforceable against such Stockholder in accordance with its terms.

Appears in 2 contracts

Samples: Support and Exchange Agreement (D&b Acquisition Sub Inc), Support and Exchange Agreement (Dave & Busters Inc)

AutoNDA by SimpleDocs

Due Authorization, etc. Such Stockholder is an entity duly organized, validly existing and in good standing under the laws of its State of organization. Such Stockholder has all requisite necessary power and authority to execute, execute and deliver and perform this Agreement, to appoint Purchaser as its Proxy Agreement and to consummate the transactions contemplated hereby. The execution, execution and delivery and performance of this Agreement and the consummation of the transactions contemplated hereby by such Stockholder have been duly authorized by all necessary action on the part of such StockholderStockholder and no other proceedings on the part of such Stockholder are necessary to authorize this Agreement, or to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by or on behalf of such Stockholder and (assuming the due authorization, execution and delivery by the Company) constitutes a legal, valid and binding obligation of such Stockholder, enforceable against such Stockholder in accordance with its terms.

Appears in 1 contract

Samples: Voting Agreement (XpresSpa Group, Inc.)

Due Authorization, etc. Such Stockholder has all requisite power and authority to execute, deliver and perform this Agreement, to appoint the Purchaser as its Proxy proxy and to consummate the transactions contemplated hereby. The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by all necessary action on the part of such Stockholder. This Agreement has been duly executed and delivered by or on behalf of such Stockholder and constitutes a legal, valid and binding obligation of such Stockholder, enforceable against such Stockholder in accordance with its terms.

Appears in 1 contract

Samples: Exchange Agreement (Jac Acquisition Co Inc)

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