AIRCARGO AND KITTY HAWK Sample Clauses

AIRCARGO AND KITTY HAWK. Aircargo and Kitty Hawk jointly and severally represent and warrant to AIA, KFS and Kalitta that: A. Aircargo is a Texas corporation and Kitty Hawk is a Delaware corporation. Each is duly formed and in good standing. The execution, delivery and performance of this agreement by each of them have been duly authorized, and each of them has full power and authority to execute, deliver and comply with the terms of this agreement. B. Xxxxxxxxxxx xx chairman of the board of directors and chief executive officer of Aircargo and Kitty Hawk, and is duly authorized to execute and deliver this agreement and all closing documents under it on behalf of Aircargo and Kitty Hawk. C. Neither Aircargo nor Kitty Hawk knows of any circumstance or claim that might prevent or delay Aircargo's performing its closing obligations under this agreement except satisfaction of the conditions of closing under Paragraph 4.6(B). D. This agreement constitutes the legal, valid and binding obligation of Aircargo and Kitty Hawk, enforceable against each of them in accordance with its terms. This agreement does not breach any obligation of Aircargo or Kitty Hawk under any contract to which either of them is a party. No consent of any person or entity is required to enable Aircargo's performance of its closing obligations under this agreement except those that are conditions of Aircargo's closing obligations under Paragraph 4.6(B).
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