Common use of Representations and Warranties of ▇▇▇▇▇▇▇ Clause in Contracts

Representations and Warranties of ▇▇▇▇▇▇▇. ▇▇▇▇▇▇▇ represents and warrants to the Company that (a) ▇▇▇▇▇▇▇ is a corporation duly organized, validly existing and in good standing under the laws of the State of Wisconsin and has the corporate power and authority to enter into this Agreement and to carry out its obligations hereunder, (b) the execution and delivery of this Agreement by ▇▇▇▇▇▇▇ and the consummation by ▇▇▇▇▇▇▇ of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of ▇▇▇▇▇▇▇ and no other corporate proceedings on the part of ▇▇▇▇▇▇▇ are necessary to authorize this Agreement or any of the transactions contemplated hereby, (c) this Agreement has been duly executed and delivered by ▇▇▇▇▇▇▇ and constitutes a valid and binding obligation of ▇▇▇▇▇▇▇, and, assuming this Agreement constitutes a valid and binding obligation of Company, is enforceable against ▇▇▇▇▇▇▇ in accordance with its terms.

Appears in 2 contracts

Sources: Stock Option Agreement (Ziegler Companies Inc), Stock Option Agreement (PMC International Inc)

Representations and Warranties of ▇▇▇▇▇▇▇. ▇▇▇▇▇▇▇ represents and warrants to the Company that (a) ▇▇▇▇▇▇▇ is a corporation duly organized, validly existing and in good standing under the laws of the State of Wisconsin and has the corporate power and authority to enter into this Agreement and to carry out its obligations hereunder, (b) the execution and delivery of this Agreement by ▇▇▇▇▇▇▇ and the consummation by ▇▇▇▇▇▇▇ of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of ▇▇▇▇▇▇▇ and no other corporate proceedings on the part of ▇▇▇▇▇▇▇ are necessary to authorize this Agreement or any of the transactions contemplated hereby, (c) this Agreement has been duly executed and delivered by ▇▇▇▇▇▇▇ and constitutes a valid and binding obligation of ▇▇▇▇▇▇▇, and, assuming this Agreement constitutes a valid and binding obligation of Company, is enforceable against ▇▇▇▇▇▇▇ in accordance with its terms.

Appears in 2 contracts

Sources: Stock Option Agreement (Ziegler Companies Inc), Stock Option Agreement (PMC International Inc)