Example ContractsClausesauthority and validityVariants
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Authority; Enforceability. This Agreement, the Purchased Shares, and any other agreements delivered together with this Agreement or in connection herewith (collectively, the “Transaction Documents”) have been duly authorized, executed and delivered by the Company and are valid and binding agreements of the Company enforceable in accordance with their terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors’ rights generally and to general principles of equity. The Company has full corporate power and authority necessary to enter into and deliver the Transaction Documents and to perform its obligations thereunder.

Authority; Enforceability. This Agreement,Authority. Purchaser has all necessary corporate power and authority to enter into this Agreement and the Purchased Shares,other Transaction Documents to which Purchaser is a party, to carry out its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery by Purchaser of this Agreement and any other agreements delivered together with this Agreement or in connection herewith (collectively,Transaction Document to which Purchaser is a party, the Transaction Documents”)performance by Purchaser of its obligations hereunder and thereunder and the consummation by Purchaser of the transactions contemplated hereby and thereby have been duly authorized,authorized by all requisite corporate action on the part of Purchaser. This Agreement has been duly executed and delivered by the CompanyPurchaser, and are(assuming due authorization, execution and delivery by [[Organization A:Organization]]) this Agreement constitutes a legal, valid and binding agreementsobligation of the CompanyPurchaser enforceable against Purchaser in accordance with theirits terms, subject toexcept as such enforceability may be limited by bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium andor similar laws of general applicability relating to orLaws affecting creditors’creditors' rights generally and toby general principles of equity. The Companyequity (regardless of whether enforcement is sought in a proceeding at law or in equity). When each other Transaction Document to which Purchaser is or will be a party has full corporate powerbeen duly executed and authority necessary to enter intodelivered by Purchaser (assuming due authorization, execution and deliver thedelivery by each other party thereto), such Transaction DocumentsDocument will constitute a legal and to performbinding obligation of Purchaser enforceable against it in accordance with its obligations thereunder.terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar Laws affecting creditors' rights generally and by general principles of equity (regardless of whether enforcement is sought in a proceeding at law or in equity).

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