Common use of Power; Binding Agreement Clause in Contracts

Power; Binding Agreement. Parent has the corporate power and authority to enter into and perform all of its obligations under this Agreement. The execution, delivery and performance of this Agreement by Parent will not violate any other agreement, arrangement or understanding (in each case, oral or written) to which Parent is a party. This Agreement has been duly and validly executed and delivered by Parent and, assuming that this Agreement has been duly executed and delivered by the other party hereto, constitutes a valid and binding agreement of Parent, enforceable against Parent in accordance with its terms.

Appears in 6 contracts

Samples: Stockholder Agreement (Landrys Seafood Restaurants Inc), Stockholder Agreement (Schussler Steven W), Stockholder Agreement (Berman Lyle)

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Power; Binding Agreement. Parent has the corporate power and authority to enter into and perform all of its obligations under this Agreement. The execution, delivery and performance of this Agreement by Parent will not violate any other agreement, arrangement or understanding (in each case, oral or written) to which Parent is a party. This Agreement has been duly and validly executed and delivered by Parent and, assuming that this Agreement has been duly executed and delivered by the other party hereto, constitutes a valid and binding agreement of Parent, enforceable against Parent in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors’ rights and to general equity principles.

Appears in 5 contracts

Samples: Voting Agreement (Benefit Overseas LTD), Voting Agreement (3SBio Inc.), Voting Agreement (Yucheng Technologies LTD)

Power; Binding Agreement. Parent has the corporate legal capacity, power and authority to enter into and perform all of its obligations under this Agreement. The execution, delivery and performance of this Agreement by Parent will not violate any other agreement, arrangement or understanding (in each case, oral or written) to which Parent is a party. This Agreement has been duly and validly executed and delivered by Parent and, assuming that this Agreement has been duly executed and delivered by the other party hereto, constitutes a valid and binding agreement of Parent, enforceable against Parent in accordance with its terms.

Appears in 3 contracts

Samples: Voting and Support Agreement (Hain Celestial Group Inc), Voting and Support Agreement (Tendercare International Inc), Voting and Support Agreement (Spectrum Organic Products Inc)

Power; Binding Agreement. Parent has the corporate power and authority to enter into and perform all of its obligations under this Agreement. The execution, delivery and performance of this Agreement by Parent will not violate any other agreement, arrangement or understanding (in each case, oral or written) to which Parent is a party. This Agreement has been duly and validly executed and delivered by Parent and, assuming that this Agreement has been duly executed and delivered by the other party hereto, constitutes a valid and binding agreement obligation of Parent, enforceable against Parent in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar Laws of general applicability relating to or affecting creditors’ rights and to general principles of equity.

Appears in 3 contracts

Samples: Voting Agreement (Morgan Stanley), Voting Agreement (Full Alliance International LTD), Voting Agreement (Yongye International, Inc.)

Power; Binding Agreement. Parent has the corporate power and authority to enter into and perform all of its obligations under this Agreement. The execution, delivery and performance of this Agreement by Parent will not violate any other agreement, arrangement or understanding (in each case, oral or written) to which Parent is a party. This Agreement has been duly and validly executed and delivered by Parent and, assuming that this Agreement has been duly executed the due authorization, execution and delivered delivery by the other party heretoShareholders and the Company, constitutes a valid and binding agreement obligation of Parent, enforceable against Parent in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar Laws of general applicability relating to or affecting creditors’ rights and to general principles of equity.

Appears in 2 contracts

Samples: Voting Agreement (New Horizon Capital Iii, L.P.), Voting Agreement (Feihe International Inc)

Power; Binding Agreement. Parent has the corporate power and authority to enter into and perform all of its obligations under this Agreement. The execution, delivery and performance of this Agreement by Parent will not violate any other agreement, arrangement or understanding (in each case, oral or written) to which Parent is a party. This Agreement has been duly and validly executed and delivered by Parent and, assuming that the due authorization, execution and delivery of this Agreement has been duly executed and delivered by the other party heretoCompany and the Stockholders, constitutes a valid and binding agreement obligation of Parent, enforceable against Parent in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar Laws of general applicability relating to or affecting creditors’ rights and to general principles of equity.

Appears in 2 contracts

Samples: Voting Agreement (MEMSIC Inc), Voting Agreement (Idg-Accel China Growth Fund Ii L P)

Power; Binding Agreement. Parent has the corporate power and authority to enter into and perform all of its obligations under this Agreement. The execution, delivery and performance of this Agreement by Parent will not violate any other agreement, arrangement or understanding (in each case, oral or written) material agreement to which Parent is a party. This Agreement has been duly and validly executed and delivered by Parent and, assuming that this Agreement has been duly executed and delivered by the other party hereto, constitutes a valid and binding agreement of Parent, enforceable against Parent in accordance with its terms.

Appears in 1 contract

Samples: Voting Agreement (Travelers Group Inc)

Power; Binding Agreement. Parent has the corporate power and authority to enter into and perform all of its obligations under this Agreement. The execution, delivery and performance of this Agreement by Parent will not violate any other agreement, arrangement or understanding (in each case, oral or written) to which Parent is a party. This Agreement has been duly and validly executed and delivered by Parent and, assuming that this Agreement has been duly executed and delivered by the other party hereto, constitutes a valid and binding agreement of Parent, enforceable against Parent in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors’ rights generally and to general equity principles.

Appears in 1 contract

Samples: Voting Agreement (Zhongpin Inc.)

Power; Binding Agreement. Parent has the corporate power and ------------------------ authority to enter into and perform all of its obligations under this Agreement. The execution, delivery and performance of this Agreement by Parent will not violate any other agreement, arrangement or understanding (in each case, oral or written) material agreement to which Parent is a party. This Agreement has been duly and validly executed and delivered by Parent and, assuming that this Agreement has been duly executed and delivered by the other party hereto, constitutes a valid and binding agreement of Parent, enforceable against Parent in accordance with its terms.

Appears in 1 contract

Samples: Voting Agreement (Berkshire Hathaway Inc /De/)

Power; Binding Agreement. Parent has the corporate power and authority to enter into and perform all of its obligations under this Agreement. The execution, delivery and performance of this Agreement by Parent will not violate any other agreement, arrangement or understanding (in each case, oral or written) to which Parent is a party. This Agreement has been duly and validly executed and delivered by Parent and, assuming that this Agreement has been duly executed and delivered by the other party hereto, constitutes a valid and binding agreement of Parent, enforceable against Parent in accordance with its terms, except as enforcement may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar Laws affecting creditors’ rights generally and by general principles of equity (regardless of whether considered in a proceeding in equity or at Law).

Appears in 1 contract

Samples: Voting Agreement (China TransInfo Technology Corp.)

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Power; Binding Agreement. Parent has the corporate power and authority to enter into and perform all of its obligations under this Agreement. The execution, delivery and performance of this Agreement by Parent will not violate any other agreement, arrangement or understanding (in each case, oral or written) to which Parent is a party. This Agreement has been duly and validly executed and delivered by Parent and, assuming that this Agreement has been duly executed and delivered by the other party hereto, constitutes a valid and binding agreement of Parent, enforceable against Parent in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors' rights and to general equity principles.

Appears in 1 contract

Samples: Voting Agreement (Tigerwind Group LTD)

Power; Binding Agreement. Parent has the corporate power and authority to enter into and perform all of its Parent's obligations under this Agreement. The execution, delivery and performance of this Agreement by Parent will not violate any other agreement, arrangement or understanding (in each case, oral or written) to which Parent is a party. This Agreement has been duly and validly authorized, executed and delivered by Parent and, assuming that this Agreement has been duly executed and delivered by the other party hereto, constitutes a valid and binding agreement of Parent, enforceable against Parent in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors' rights and to general equity principles.

Appears in 1 contract

Samples: Option and Support Agreement (Knowledge Beginnings Inc)

Power; Binding Agreement. Parent has all the corporate legal capacity, power and authority to enter into this Agreement and perform all of its obligations under this Agreementto consummate the transactions contemplated hereby. The execution, execution and delivery and performance of this Agreement have been duly and validly authorized by Parent will not violate any and no other agreement, arrangement or understanding (in each case, oral or written) corporate proceedings on the part of Parent are necessary to which Parent is a partyauthorize this Agreement. This Agreement has been duly and validly executed and delivered by Parent and, assuming that this Agreement has been duly executed and delivered by the other party hereto, constitutes a valid and binding agreement obligation of Parent, enforceable against Parent in accordance with its terms.

Appears in 1 contract

Samples: Exhibit Jj (Pioneer Electronic Corp)

Power; Binding Agreement. Parent has the corporate power and authority to enter into and perform all of its obligations under this Agreement. The execution, delivery and performance of this Agreement by Parent will not violate any other agreement, arrangement or understanding (in each case, oral or written) agreement to which Parent it is a party. This Agreement has been duly and validly executed and delivered by Parent and, assuming that this Agreement has been duly executed and delivered by the other party hereto, constitutes a valid and binding agreement of Parent, enforceable against Parent in accordance with its terms.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Memry Corp)

Power; Binding Agreement. Parent has the corporate power and authority to enter into and perform all of its obligations under this Agreement. The execution, delivery and performance of this Agreement by Parent will not violate any other agreement, arrangement or understanding (in each case, oral or written) to which Parent is a party. This Agreement has been duly and validly executed and delivered by Parent and, assuming that this Agreement has been duly executed the due authorization, execution and delivered delivery by the other party heretoShareholders, constitutes a valid and binding agreement obligation of Parent, enforceable against Parent in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar Laws of general applicability relating to or affecting creditors’ rights and to general principles of equity.

Appears in 1 contract

Samples: Voting Agreement (Yuqing Jing)

Power; Binding Agreement. The Parent has the corporate power and authority to enter into and perform all of its obligations under this Agreement. The execution, delivery and performance of this Agreement by the Parent will not violate any other agreement, arrangement or understanding (in each case, oral or written) agreement to which the Parent is a party. This Agreement has been duly and validly executed and delivered by Parent andauthorized, assuming that this Agreement has been duly executed and delivered by the other party hereto, Parent and constitutes a valid and binding agreement obligation of the Parent, enforceable against the Parent in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency and similar laws affecting creditors' rights generally and subject to general principles of equity.

Appears in 1 contract

Samples: Proxy Agreement (Giant Cement Holding Inc)

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