Common use of Authorization; Validity Clause in Contracts

Authorization; Validity. The execution, delivery and performance by the Investor of the transactions contemplated by this Agreement have been duly authorized by any necessary corporate or similar action on the part of the Investor. This Agreement has been duly executed by the Investor and constitutes the valid and binding obligation of the Investor, enforceable against it in accordance with its terms, except as limited by general equitable principles and applicable bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting enforcement of creditors’ rights generally.

Appears in 9 contracts

Sources: Securities Purchase Agreement (Diagnostic Imaging International Corp), Securities Purchase Agreement (Diagnostic Imaging International Corp), Securities Purchase Agreement (World Moto, Inc.)

Authorization; Validity. The execution, delivery and performance by the Investor of the transactions contemplated by this Agreement have been duly authorized by any necessary corporate or similar action on the part of the Investor, as applicable. This Agreement has been duly executed by the Investor and constitutes the valid and binding obligation of the Investor, enforceable against it in accordance with its terms, except as limited by general equitable principles and applicable bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting enforcement of creditors’ rights generally.

Appears in 3 contracts

Sources: Securities Purchase Agreement (Zenosense, Inc.), Securities Purchase Agreement (Zenosense, Inc.), Securities Purchase Agreement (Zenosense, Inc.)

Authorization; Validity. The execution, execution and delivery of this Agreement by Owner and performance by the Investor Owner’s consummation of the transactions contemplated by this Agreement have been duly authorized and validly authorized. Assuming the valid execution and delivery of this Agreement by any necessary corporate or similar action on the part of the Investor. This Developer, this Agreement has been duly executed by the Investor and constitutes the a legal, valid and binding obligation agreement of the Investor, Owner enforceable against it in accordance with its terms, except as limited by general equitable principles and subject to applicable bankruptcy, insolvency, reorganization, moratorium and other similar laws affecting the rights of creditors generally, and the exercise of judicial discretion in accordance with general application affecting enforcement principles of creditors’ rights generallyequity.

Appears in 1 contract

Sources: Option Agreement (Extreme Networks Inc)