Common use of Authorisation and Validity of the Agreement Clause in Contracts

Authorisation and Validity of the Agreement. Each of the Vendors has the legal capacity, right, power and authority to execute, deliver and perform this Agreement and the other agreements and documents contemplated by this Agreement. The execution, delivery and performance by the Vendors of this Agreement and the consummation by them of the transactions contemplated hereby have been duly authorised by all necessary action on the part of the Vendors. This Agreement has been duly executed and delivered by the Vendors.

Appears in 2 contracts

Samples: Sale and Purchase Agreement (Fleminghouse Investments LTD), Sale and Purchase Agreement (Euroweb International Corp)

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Authorisation and Validity of the Agreement. Each of the Vendors The Vendor has the legal capacity, right, power and authority to execute, deliver and perform this Agreement and the other agreements and documents contemplated by this Agreement. The execution, delivery and performance by the Vendors Vendor of this Agreement and the consummation by them of the transactions contemplated hereby have been duly authorised by all necessary action on the part of the VendorsVendor. This Agreement has been duly executed and delivered by the VendorsVendor.

Appears in 2 contracts

Samples: Sale and Purchase Agreement (Emvelco Corp.), Sale and Purchase Agreement (Fleminghouse Investments LTD)

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