Power to execute this Agreement. (a) The Investor has the right, power and authority, and has taken or will take all action necessary, to validly execute, deliver and exercise its rights and perform its obligation under this Agreement; (b) Other than those set out in this Agreement, no other consent, approval, authorization or other order of any court, regulatory body, administrative agency or other order of any other governmental body is required for the execution and delivery by the Investor of this Agreement or the performance by the Investor of the transactions contemplated under this Agreement; (c) This Agreement is a valid and binding obligation of the Investor and is enforceable against the Investor in accordance with its terms; (d) The execution, delivery and performance of this Agreement will not violate any judgment, order or decree to which the Investor is subject and will not be inconsistent with any constitutional documents or contracts to which the Investor is a party to or otherwise binding on the Investor; and (e) There is no action, proceeding, claim or investigation pending against the Investor before any court or administrative authority, which, if determined against the Investor, may reasonably be expected to have a material adverse effect on the Investor’s ability to perform the obligations hereunder.
Appears in 1 contract
Sources: Share Subscription Agreement (WaferGen Bio-Systems, Inc.)
Power to execute this Agreement. (a) The Investor has the right, power and authority, and has have taken or will take all action necessary, to validly execute, deliver and exercise its rights right, and perform its obligation obligations under this Agreement;
(b) Other than those set out in this Agreement, no other consent, approval, authorization or other order of any court, regulatory body, administrative agency or other order of any other governmental body is required for the execution and delivery by the Investor of this Agreement or the performance by the Investor of the transactions contemplated under this Agreement;
(c) This Agreement is a valid and binding obligation of the Investor and is enforceable against the Investor in accordance with its terms;
(d) The execution, delivery and performance of this Agreement will not violate any judgment, order or decree to which the Investor is are subject and will not be inconsistent with any constitutional documents or contracts to which the Investor is are a party to or otherwise binding on the Investor; and
(e) There is no action, proceeding, claim or investigation pending against the Investor before any court or administrative authority, which, if determined against the Investor, may reasonably be expected to have a material adverse effect on the Investor’s ability to perform the obligations hereunder.
Appears in 1 contract
Sources: Share Subscription and Shareholders’ Agreement (WaferGen Bio-Systems, Inc.)
Power to execute this Agreement. (a) The Investor has the right, power and authority, and has taken or will take all action necessary, to validly execute, deliver and exercise its rights rights, and perform its obligation their obligations under this Agreement;
(b) Other than those set out in this Agreement, no other consent, approval, authorization or other order of any court, regulatory body, administrative agency or other order of any other governmental body is required for the execution and delivery by the Investor of this Agreement or the performance by the Investor of the transactions contemplated under this Agreement;
(c) This Agreement is a valid and binding obligation of the Investor and is enforceable against the Investor in accordance with its terms;
(d) The execution, delivery and performance of this Agreement will not violate any judgment, order or decree to which the Investor is subject and will not be inconsistent with any constitutional documents or contracts to which the Investor is id a party to or otherwise binding on the Investor; and
(e) There is no action, proceeding, claim or investigation pending against the Investor before any court or administrative authority, which, if determined against the Investor, may reasonably be expected to have a material adverse effect on the Investor’s ability to perform the obligations hereunder.
Appears in 1 contract
Sources: Share Subscription Agreement (WaferGen Bio-Systems, Inc.)