Common use of Authority and Capacity Clause in Contracts

Authority and Capacity. The Seller has all requisite corporate power, authority and capacity to carry on its business as it is now being conducted, to execute and deliver this Agreement and to perform all of its obligations hereunder.

Appears in 3 contracts

Samples: Agreement for the Bulk Purchase and Sale of Mortgage Servicing Rights (First Savings Financial Group, Inc.), Agreement for the Bulk Purchase and Sale of Mortgage Servicing Rights (Mr. Cooper Group Inc.), Agreement for the Bulk Purchase and Sale of Mortgage Servicing Rights (Home Point Capital Inc.)

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Authority and Capacity. The Seller has possesses all requisite corporate legal right, power, authority and capacity to carry on its business as it is now being conductedexecute, deliver and perform this Agreement, and each other agreement, instrument and document to execute be executed and deliver delivered by Seller, and consummate the transactions contemplated herein and therein. The execution, delivery and performance of this Agreement has been duly authorized by all necessary action on the part of the Company, its stockholders, board of directors and to perform all of its obligations hereunderofficers.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Reviv3 Procare Co), Asset Purchase Agreement (Reviv3 Procare Co)

Authority and Capacity. The Seller has all requisite corporate power, authority and capacity to carry on its business as it is now being conducted, to execute and deliver this Agreement and the Interim Servicing Agreement and to perform all of its obligations hereunderhereunder and thereunder.

Appears in 2 contracts

Samples: Servicing Rights Purchase and Sale Agreement (Taylor Capital Group Inc), Servicing Rights Purchase and Sale Agreement (Taylor Capital Group Inc)

Authority and Capacity. The Seller has Sellers have all requisite corporate powercapacity, power and authority to execute, deliver and capacity to carry on its business as it is now being conducted, to execute and deliver perform this Agreement and each Related Agreement to perform all of its obligations hereunderbe executed and delivered by Sellers, and to consummate the Transaction.

Appears in 1 contract

Samples: Stock Purchase Agreement (Lifeway Foods Inc)

Authority and Capacity. The Seller has all requisite corporate power, authority and capacity to carry on its business as it is now being conducted, to execute and deliver enter into this Agreement and to perform the obligations required of it hereunder and thereunder, in particular the corporate power and authority to transfer to Purchaser all of its obligations hereunderservicing rights in the Mortgages, related Mortgage documents and Related Escrow Accounts.

Appears in 1 contract

Samples: Sale Agreement for Purchase of Mortgage Loans (Emb Corp)

Authority and Capacity. The Seller has all requisite corporate power, authority and capacity to carry on its business as it is now being conducted, to execute and deliver enter into this Agreement and to perform all of its obligations hereunderhereunder and to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Purchase and Sale Agreement

Authority and Capacity. The Seller has all requisite corporate powercapacity, power and authority to execute, deliver and capacity to carry on its business as it is now being conducted, to execute and deliver perform this Agreement and each Related Agreement to perform all of its obligations hereunderbe executed and delivered by Seller, and to consummate the Transaction.

Appears in 1 contract

Samples: Stock Purchase Agreement (Qsgi Inc.)

Authority and Capacity. The Seller has all requisite corporate organizational power, authority and capacity to carry on its business as it is now being conducted, to execute and deliver this Agreement and to perform all of its obligations hereunder.;

Appears in 1 contract

Samples: Servicing Rights Purchase and Sale Agreement (First Horizon National Corp)

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Authority and Capacity. The Seller has all requisite corporate power, authority and capacity to carry on its business as it is now being conducted, to execute and deliver this Agreement and to perform all of its obligations hereunder. The Seller has all requisite power and authority to enter into this Agreement, and the agreements to which it is or will become a party contemplated by this Agreement, and to carry out the transactions contemplated hereby. The Seller does not believe, nor does it have any cause or reason to believe, that it cannot perform each and every covenant required of it contained in this Agreement.

Appears in 1 contract

Samples: Bulk Agreement for the Purchase and Sale of Mortgage Servicing Rights (HomeStreet, Inc.)

Authority and Capacity. The Seller has all requisite corporate power, authority and capacity to carry on its business as it is now being conducted, to execute and deliver this Agreement and to perform all of its obligations hereunder.

Appears in 1 contract

Samples: Bulk Purchase and Sale of Mortgage Servicing Rights (Mr. Cooper Group Inc.)

Authority and Capacity. The Seller has all requisite corporate power, authority and capacity to carry on its business as it is now being conducted, to execute and deliver this Agreement and the Interim Servicing Agreement and to perform all of its obligations hereunderhereunder and thereunder.

Appears in 1 contract

Samples: Agreement for the Bulk Purchase and Sale of Mortgage Servicing Rights (HomeStreet, Inc.)

Authority and Capacity. The Seller has all requisite corporate power, authority and capacity to carry on its business as it is now being conductedenter into this Agreement, to execute and deliver this Agreement and to perform the obligations required hereunder, and in particular Seller has the corporate power and authority to transfer all of its obligations hereunderright, title and interest in the Servicing and Related Escrow Items.

Appears in 1 contract

Samples: Loan Servicing Purchase and Sale Agreement (Helmstar Group Inc)

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