Common use of Power; Binding Agreement Clause in Contracts

Power; Binding Agreement. Parent and the Purchaser each has the corporate power and authority to enter into and perform all of its obligations under this Agreement. The execution, delivery and performance of this Agreement by each of Parent and the Purchaser will not violate any other agreement to which either of them is a party. This Agreement has been duly and validly executed and delivered by each of Parent and the Purchaser and constitutes a valid and binding agreement of each of Parent and the Purchaser, enforceable against each of Parent and the Purchaser in accordance with its terms.

Appears in 25 contracts

Sources: Stockholder Agreement (Exide Electronics Group Inc), Stockholder Agreement (Opal Inc), Shareholder Agreement (HFS Inc)

Power; Binding Agreement. Each of Parent and the Purchaser each has the corporate power and authority to enter into and perform all of its obligations under this Agreement. The execution, delivery and performance of this Agreement by each of Parent and the Purchaser will not violate any other agreement to which either of them is a party. This Agreement has been duly and validly executed and delivered by each of Parent and the Purchaser and constitutes a valid and binding agreement of each of Parent and the Purchaser, enforceable against each of Parent and the Purchaser in accordance with its terms.

Appears in 13 contracts

Sources: Voting and Option Agreement (Kaynar Technologies Inc), Tender Agreement (Logica PLC / Eng), Tender Agreement (Logica PLC / Eng)

Power; Binding Agreement. Parent and the Purchaser each has the ------------------------ corporate power and authority to enter into and perform all of its obligations under this Agreement. The execution, delivery and performance of this Agreement by each of Parent and the Purchaser will not violate any other agreement to which either of them is a party. This Agreement has been duly and validly executed and delivered by each of Parent and the Purchaser and constitutes a valid and binding agreement of each of Parent and the Purchaser, enforceable against each of Parent and the Purchaser in accordance with its terms.

Appears in 2 contracts

Sources: Stockholders Agreement (Hain Food Group Inc), Stockholders Agreement (Hain Food Group Inc)

Power; Binding Agreement. Each of Parent and the ------------------------- Purchaser each has the corporate legal capacity, power and authority to enter into and perform all of its obligations under this Agreement. The execution, delivery and performance of this Agreement by each of Parent and the Purchaser will not violate any other agreement to which either of them is a partyParent or the Purchaser are parties including, without limitation, any voting agreement, stockholders agreement or voting trust. This Agreement has been duly and validly executed and delivered by each of Parent and the Purchaser and constitutes a valid and binding agreement of each of Parent and the Purchaser, enforceable against each of Parent and the Purchaser them in accordance with its terms.

Appears in 2 contracts

Sources: Support Agreement (Apollo Investment Fund L P), Support Agreement (Apollo Investment Fund L P)

Power; Binding Agreement. Parent and the Purchaser each has the corporate power and authority to enter into and perform all of its obligations under this Agreement. The execution, delivery and performance of this Agreement by the each of the Parent and the Purchaser will not violate any other agreement to which either of them is a party. This Agreement has been duly and validly executed and delivered by each of the Parent and the Purchaser and constitutes a valid and binding agreement of each of the Parent and the Purchaser, enforceable against each of the Parent and the Purchaser in accordance with its terms.

Appears in 2 contracts

Sources: Stock Agreement With Purchase Option (American Studios Inc), Stock Agreement With Purchase Option (Pca International Inc)

Power; Binding Agreement. Each of Parent and the Purchaser each has the corporate legal capacity, power and authority to enter into and perform all of its obligations under this Agreement. The execution, delivery and performance of this Agreement by each of Parent and the Purchaser will not violate any other agreement to which either of them is a partyParent or the Purchaser are parties including, without limitation, any voting agreement, stockholders agreement or voting trust. This Agreement has been duly and validly executed and delivered by each of Parent and the Purchaser and constitutes a valid and binding agreement of each of Parent and the Purchaser, enforceable against each of Parent and the Purchaser them in accordance with its terms.

Appears in 1 contract

Sources: Support Agreement (Vivendi)