Agreements Duly Authorized Clause Samples
The "Agreements Duly Authorized" clause confirms that each party entering into the contract has obtained all necessary approvals and authority to do so. In practice, this means that the individuals signing the agreement on behalf of their organizations have the legal power and internal permissions required, such as board resolutions or executive approvals. This clause helps prevent disputes over the validity of the contract by ensuring that all parties are properly empowered to bind their respective entities.
POPULAR SAMPLE Copied 1 times
Agreements Duly Authorized. The Company has full corporate power and authority to enter into this Agreement, the Warrants and all other agreements, documents, certificates and instruments required to be delivered pursuant to this Agreement. The Company has duly and validly authorized this Agreement, the Warrants and each of the transactions contemplated thereby. This Agreement and the Warrants have been duly authorized, executed and delivered by the Company and each such document constitutes a valid and binding agreement of the Company enforceable against the Company in accordance with the terms hereof, except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting creditors’ rights generally or general equitable principles. When issued, the Warrants will constitute the legal, valid and binding obligations of the Company, including to issue and sell, upon exercise thereof and payment of the respective exercise prices therefor, the number and type of securities of the Company called for thereby in accordance with the terms thereof, and all such warrants are enforceable against the Company in accordance with their terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’ rights generally or subject to general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law), and except as enforceability of any indemnification or contribution provision may be limited under federal or state securities laws.
Agreements Duly Authorized. The Company has full corporate power and authority to enter into this Agreement and all other agreements, documents, certificates and instruments required to be delivered pursuant to this Agreement. The Company has duly and validly authorized this Agreement and each of the transactions contemplated thereby. This Agreement has been duly authorized, executed and delivered by the Company and, assuming due authorization, execution an delivery by the Underwriter, constitutes a valid and binding agreement of the Company enforceable against the Company in accordance with the terms hereof, except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting creditors’ rights generally or general equitable principles.
Agreements Duly Authorized. The Company has full corporate power and authority to enter into this Agreement. The Company has duly and validly authorized this Agreement and the consummation of the transactions contemplated hereby. This Agreement has been duly authorized, executed and delivered by the Company.
Agreements Duly Authorized. The Guarantor and the Issuer have full corporate power and authority to enter into the Transaction Documents. This Agreement has been duly authorized, executed and delivered by the Guarantor and the Issuer. Each of the Transaction Documents has been duly authorized by the Guarantor and the Issuer, as applicable, and, when duly executed and delivered in accordance with its respective terms by each of the parties thereto, will constitute a valid and legally binding agreement of each of the Guarantor and the Issuer, as applicable, and enforceable against each of the Guarantor and/or the Issuer, as applicable and in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency or similar laws affecting creditors’ rights generally or by equitable principles relating to enforceability.
Agreements Duly Authorized. The Company has full corporate power and authority to enter into this Agreement. This Agreement has been duly authorized, executed and delivered by the Company. The Warrant Agreement has been duly authorized by the Company and, when executed and delivered by the Company and the Warrant Agent, will be a valid and binding agreement of the Company, enforceable against the Company in accordance with its terms except as the enforceability thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’ rights generally and general principles of equity.