Common use of Ability to Carry Out Obligations Clause in Contracts

Ability to Carry Out Obligations. The Purchaser, as to itself, has the power, and authority to enter into, and perform its obligations under this Agreement. The execution and delivery of this Agreement by such Purchaser and the performance by such Purchaser of its obligations hereunder will not cause, constitute, or conflict with or result in any breach or violation of any of the provisions of or constitute a default under any agreement to which such Purchaser is a party, or by which such Purchaser is bound.

Appears in 6 contracts

Samples: Stock Purchase Agreement (Evergreen International Corp.), Stock Purchase Agreement (Ang Ban Siong), Stock Purchase Agreement (Spirit International, Inc.)

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Ability to Carry Out Obligations. The Each Purchaser, as to itself, has the power, and authority to enter into, and perform its obligations under this Agreement. The execution and delivery of this Agreement by such Purchaser and the performance by such Purchaser of its obligations hereunder will not cause, constitute, or conflict with or result in any breach or violation of any of the provisions of or constitute a default under any agreement to which such Purchaser is a party, or by which such Purchaser is bound.

Appears in 5 contracts

Samples: Securities Purchase Agreement (CX Network Group, Inc.), Securities Purchase Agreement (Su Huibin), Securities Purchase Agreement (mLight Tech, Inc.)

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