Common use of Authorisation by Sellers Clause in Contracts

Authorisation by Sellers. This Agreement has been duly authorised, executed and delivered by the Sellers and the Company and creates legal, valid and binding obligations of the Sellers, enforceable in accordance with its terms. No consent, approval or authorisation of any Person or entity is required in connection with the Sellers’ execution or delivery of this Agreement or the consummation by the Sellers of the transactions contemplated by this Agreement, except for the approval of the Board to the transfer of the Sale Shares from the Sellers to the Acquirer.

Appears in 3 contracts

Samples: Share Purchase Agreement (Mphase Technologies Inc), Share Purchase Agreement, Share Purchase Agreement

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Authorisation by Sellers. This Agreement has been duly authorised, executed and delivered by the Sellers and the Company and creates legal, valid and binding obligations of the Sellers, enforceable in accordance with its terms. No consent, approval or authorisation of any Person or entity is required in connection with the Sellers’ Sellers execution or delivery of this Agreement or the consummation by the Sellers of the transactions contemplated by this Agreement, except for the approval of the Board to the transfer of the Sale Shares from the Sellers to the AcquirerPurchaser.

Appears in 1 contract

Samples: Share Purchase Agreement (Genius Group LTD)

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