Common use of Authorization and Binding Obligations Clause in Contracts

Authorization and Binding Obligations. The execution, delivery and performance of this Agreement by Seller and each Ancillary Agreement to which Seller is or will be a party have been duly and validly authorized by all necessary company action of Seller. This Agreement and each Ancillary Agreement have been (or when delivered will be) duly executed and delivered by Seller and constitutes (or will constitute) a valid and binding agreement of Seller enforceable against it in accordance with its terms, except as its enforceability may be limited by Enforceability Exceptions.

Appears in 1 contract

Sources: Asset Purchase Agreement (Integrated Ventures, Inc.)

Authorization and Binding Obligations. The execution, delivery and performance of this Agreement by Seller Sellers and each Ancillary Agreement to which a Seller is or will be a party have been duly and validly authorized by all necessary corporate or limited liability company action of SellerSellers, as applicable. This Agreement and each Ancillary Agreement have has been (or when delivered will be) duly executed and delivered by Seller Sellers, as applicable, and constitutes (or will constitute) a valid and binding agreement of Seller Sellers, as applicable, enforceable against it the applicable Seller in accordance with its terms, except as its enforceability may be limited by Enforceability Exceptions.

Appears in 1 contract

Sources: Asset Purchase Agreement (Agenus Inc)

Authorization and Binding Obligations. The execution, delivery and performance of this Agreement by Seller and each Ancillary Agreement to which Seller is or will be a party have been duly and validly authorized by all necessary limited liability company action of SellerSeller or Court action. This Agreement and each Ancillary Agreement have has been (or when delivered will be) duly executed and delivered by Seller and constitutes (or will constitute) a valid and binding agreement of Seller enforceable against it in accordance with its terms, except as its enforceability may be limited by Enforceability Exceptions.

Appears in 1 contract

Sources: Asset Purchase Agreement (Lbi Media Holdings Inc)

Authorization and Binding Obligations. The execution, delivery and performance of this Agreement by Seller and each Ancillary Agreement to which Seller is or will be a party have been duly and validly authorized by all necessary company action of Seller. This Agreement and each Ancillary Agreement have has been (or when delivered will be) duly executed and delivered by Seller and constitutes (or will constitute) a valid and binding agreement of Seller enforceable against it in accordance with its terms, except as its enforceability may be limited by Enforceability Exceptions.

Appears in 1 contract

Sources: Asset Purchase Agreement (Lbi Media Holdings Inc)

Authorization and Binding Obligations. The execution, delivery and performance of this Agreement by Seller and each Ancillary Agreement to which Seller is or will be a party have been duly and validly authorized by all necessary limited liability company action of Seller. This Agreement and each Ancillary Agreement have has been (or when delivered will be) duly executed and delivered by Seller and constitutes (or will constitute) a valid and binding agreement of Seller enforceable against it in accordance with its terms, except as its enforceability may be limited by Enforceability Exceptions.

Appears in 1 contract

Sources: Asset Purchase Agreement (Lbi Media Holdings Inc)