Common use of Authorization; Binding Obligation Clause in Contracts

Authorization; Binding Obligation. This Agreement has been duly executed and delivered, or will be duly executed and delivered, by the Seller and, assuming due authorization, this Agreement to which the Seller is a party constitute or will constitute the valid and legally binding obligations of the Seller enforceable against it in accordance with its terms.

Appears in 5 contracts

Sources: Asset Acquisition and Stockholders’ Agreement (McPi, Inc.), Asset Purchase Agreement, Asset Purchase Agreement

Authorization; Binding Obligation. This Agreement has been duly executed and delivered, or will be duly executed delivered by Buyer and delivered, by the Seller and, assuming due authorization, this Agreement to which the Seller is a party constitute or will constitute the valid and legally binding obligations of the Seller Buyer, enforceable against it in accordance with its terms.

Appears in 1 contract

Sources: Acquisition Agreement (Adc Telecommunications Inc)

Authorization; Binding Obligation. This Agreement has been duly executed and delivereddelivered by Seller, or will be duly executed and delivered, by the Seller and, assuming due authorization, this Agreement to which the Seller is a party constitute or will constitute constitutes the valid and legally binding obligations of the Seller Seller, enforceable against it in accordance with its terms.

Appears in 1 contract

Sources: Acquisition Agreement (C Cor Net Corp)