Common use of Ability to Carry Out Obligations Clause in Contracts

Ability to Carry Out Obligations. PURCHASER has the right, power, and authority to enter into and perform its obligations under this Agreement. The execution and delivery of this Agreement by PURCHASER and the performance by PURCHASER of its obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach or violation or any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which PURCHASER or its shareholders are a party, or by which they may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would cause PURCHASER to be liable to any party, or (c) an event that would result in the creation or imposition or any lien, charge or encumbrance on any asset of PURCHASER or upon the securities of PURCHASER to be acquired by the shareholders of SUGO.

Ability to Carry Out Obligations. PURCHASER The Vendor has the right, power, and authority to enter into into, and perform its his obligations under this Agreement. The execution and delivery of this Agreement by PURCHASER the Vendor and the performance by PURCHASER the Vendor of its their obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach or violation or any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which PURCHASER Vendor officers or its shareholders directors or Vendor are a party, or by which they may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would cause PURCHASER Vendor to be liable to any party, or (c) an event that would result in the creation or imposition or of any lien, charge charge, or encumbrance on any asset of PURCHASER Vendor or upon the securities Stock of PURCHASER Vendor to be acquired by the shareholders of SUGOPurchaser.

Ability to Carry Out Obligations. PURCHASER The Seller has the right, power, and authority to enter into into, and perform its obligations under this Agreement. The execution and delivery of this Agreement by PURCHASER the Seller and the performance by PURCHASER the Seller of its obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach or violation or of any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which PURCHASER the Company, the officers, directors or its shareholders Seller are a party, or by which they may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would cause PURCHASER the Company (and/or assigns) to be liable to any party, or (c) an event that would result in the creation or imposition or of any lien, charge charge, or encumbrance on any asset of PURCHASER the Company or upon the securities of PURCHASER Shares to be acquired by the shareholders of SUGOBuyer.

Ability to Carry Out Obligations. PURCHASER has Trust, and the shareholders therein, have the right, power, power and authority to enter into and perform its their obligations under this Agreement. The execution and delivery of this Agreement by PURCHASER the Trust and the performance by PURCHASER the shareholders of its their obligations hereunder thereunder will not cause, constitute, constitute or conflict with or result in (a) any breach or violation or of any of the provisions provision of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylawbylaws, or other agreement or instrument to which PURCHASER the company or its the Trust or the company's shareholders are a party, or by which they may be bound, nor will any consents or authorizations of any party other than those hereto be required, or (b) an event that would cause PURCHASER the company to be liable to any party, or (c) an event that would Would result in the creation or imposition or of any lien, charge charge, or encumbrance on any asset of PURCHASER the company or upon the securities of PURCHASER the company to be acquired by the shareholders of SUGObuyer.

Ability to Carry Out Obligations. PURCHASER Seller has the right, power, and authority to enter into into, and perform its obligations under this Agreement. The execution and delivery of this Agreement by PURCHASER Seller and the performance by PURCHASER Seller of its obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach or violation or of any of the provisions of of, or constitute a default under under, any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which PURCHASER Axxxxx, its officers, directors or its shareholders Seller are a party, or by which they may be bound, nor will any consents or authorizations of any party other than those hereto be required, or (b) an event that would cause PURCHASER to be liable to any party, or (c) an event that would result in the creation or imposition or of any lien, charge charge, or encumbrance on any asset of PURCHASER Axxxxx or upon the securities shares of PURCHASER to be acquired by the shareholders Capital Stock of SUGOAxxxxx.

Ability to Carry Out Obligations. PURCHASER has The Seller have the right, power, and authority to enter into into, and perform its their obligations under this Agreement. The execution and delivery of this Agreement by PURCHASER the Seller and the performance by PURCHASER the Seller of its their obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach or violation or of any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which PURCHASER the Company, the officers, directors or its shareholders Seller are a party, or by which they may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would cause PURCHASER the Company (and/or assigns) to be liable to any party, or (c) an event that would result in the creation or imposition or of any lien, charge charge, or encumbrance on any asset of PURCHASER the Company or upon the securities of PURCHASER Shares to be acquired by the shareholders of SUGOBuyer.

Ability to Carry Out Obligations. PURCHASER The Seller has the right, power, and authority to enter into into, and perform its obligations under this Agreement. The execution and delivery of this Agreement by PURCHASER the Seller and the performance by PURCHASER the Seller of its obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach or violation or of any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which PURCHASER the Company, the officers, directors or its shareholders are the Seller is a party, or by which they may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would cause PURCHASER the Company (and/or assigns) to be liable to any party, or (c) an event that would result in the creation or imposition or of any lien, charge charge, or encumbrance on any asset of PURCHASER the Company or upon the securities of PURCHASER Shares to be acquired by the shareholders of SUGOBuyer.

Ability to Carry Out Obligations. PURCHASER Each of the Stockholders has the right, power, and authority to enter into and perform its obligations under this Agreement. The execution and delivery of this Agreement by PURCHASER the Stockholders and the performance by PURCHASER the Stockholders of its obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach or violation or any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which PURCHASER The Company or its shareholders are the Stockholders is a party, party or by which they may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would cause PURCHASER PURCHASERS or Escrow Agent to be liable to any party, or (c) an event that would result in the creation or imposition or of any lien, charge charge, or encumbrance on any asset of PURCHASER The Company or upon the securities of PURCHASER to be acquired by the shareholders of SUGOShares.

Ability to Carry Out Obligations. PURCHASER has The Sellers have the right, power, and authority to enter into into, and perform its obligations under this Agreement. The execution and delivery of this Agreement by PURCHASER the Sellers and the performance by PURCHASER the Sellers of its obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach or violation or of any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which PURCHASER the Company, the officers, directors or its shareholders are the Sellers is a party, or by which they may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would cause PURCHASER the Company (and/or assigns) to be liable to any party, or (c) an event that would result in the creation or imposition or of any lien, charge charge, or encumbrance on any asset of PURCHASER the Company or upon the securities of PURCHASER Shares to be acquired by the shareholders of SUGOBuyer.

Ability to Carry Out Obligations. PURCHASER The Seller has the right, power, and authority to enter into into, and perform its obligations under this Agreement. The execution and delivery of this Agreement by PURCHASER the Seller and the performance by PURCHASER the Seller of its obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach or violation or of any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which PURCHASER the Company, the officers, directors or its shareholders are Seller is a party, or by which they may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would cause PURCHASER the Company (and/or assigns) to be liable to any party, or (c) an event that would result in the creation or imposition or of any lien, charge charge, or encumbrance on any asset of PURCHASER the Company or upon the securities of PURCHASER Shares to be acquired by the shareholders of SUGOBuyer.

Ability to Carry Out Obligations. PURCHASER The Seller has the right, power, and authority to enter into into, and perform its his obligations under this Agreement. The execution and delivery of this Agreement by PURCHASER the Seller and the performance by PURCHASER the Seller of its his obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach or violation or any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which PURCHASER the Seller, the officers, directors or its shareholders Seller are a party, or by which they may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would cause PURCHASER the Seller (and/or assigns) to be liable to any party, or (c) an event that would result in the creation or imposition or of any lien, charge charge, or encumbrance on any asset of PURCHASER the Seller or upon the securities Shares of PURCHASER the Seller to be acquired by the shareholders of SUGOPurchaser.

Ability to Carry Out Obligations. PURCHASER Issuer and each Control Shareholder has the right, power, and authority to enter into and perform his or its obligations under this Agreement. The execution and delivery of this Agreement by PURCHASER Issuer and the performance by PURCHASER Issuer of its obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach or violation or any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which PURCHASER Issuer or its shareholders are a party, or by which they may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would cause PURCHASER Issuer to be liable to any party, or (c) an event that would result in the creation or imposition or any lien, charge or encumbrance on any asset of PURCHASER Issuer or upon the securities of PURCHASER Issuer to be acquired by the shareholders of SUGOBSM Shareholders.