Examples of Buying Party in a sentence
Each of this Agreement and the other Transaction Agreements to which any of the Buying Parties is a party constitutes a valid and binding obligation of each such Buying Party, enforceable in accordance with its terms, except as such enforceability may be limited by (i) applicable insolvency, bankruptcy, reorganization, moratorium or other similar Laws affecting creditors' rights generally, and (ii) applicable equitable principles (whether considered in a proceeding at law or in equity).
Except as described above, no other corporate proceedings on the part of any Buying Party is necessary to authorize the execution and delivery of this Agreement or any other Transaction Agreements by any of the Buying Parties and the consummation by the Buying Parties of the transactions contemplated by this Agreement and the other Transaction Agreements.
Without limiting the generality of the foregoing, the execution and delivery by the Buying Parties and the performance by the Buying Parties of this Agreement and each of the other Transaction Agreements to which either Buying Party is a party, and the consummation of the transactions contemplated by this Agreement and the other Transaction Agreements have been duly authorized by the respective boards of directors of each of VitalStream and Buyer.
No Buying Party nor any Subsidiary of VitalStream shall have sought protection pursuant to any Bankruptcy Law.
Each Buying Party has the requisite power and authority to execute and deliver the Transaction Documents to which it is a party and to perform the Transactions to be performed by it.