Common use of Authority and Consents Clause in Contracts

Authority and Consents. Seller has the right, power, legal capacity and authority to enter into, and perform its obligations under this Agreement, and no approvals or consents of any persons or entity other than Seller are necessary in connection with it. The execution and delivery of this Agreement by Seller have been duly authorized by all necessary corporate action of Seller (including any necessary action by Seller's security holders), and this Agreement constitutes a legal, valid and binding obligation of Seller enforceable in accordance with its terms.

Appears in 5 contracts

Samples: Asset Purchase Agreement (B2Digital, Inc.), Master Asset Purchase Agreement (Telecommunication Products Inc), Business Services Asset Purchase Agreement (Chequemate International Inc)

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Authority and Consents. Seller has the right, power, legal capacity and authority to enter into, into and perform its obligations under this Agreement, and no approvals or consents of any governmental authorities or persons or entity other than Seller are necessary in connection with it. The execution and delivery of this Agreement by Seller have has been duly authorized by all necessary corporate action on the part of Seller (including any necessary action by Seller's security holders), and this Agreement constitutes a legal, valid and binding obligation of Seller enforceable in accordance with its terms.

Appears in 5 contracts

Samples: Agreement for Purchase and Sale of Stock (Modern Medical Modalities Corp), Agreement for Purchase and Sale of Assets (Modern Medical Modalities Corp), Agreement for Purchase and Sale of Stock (Modern Medical Modalities Corp)

Authority and Consents. Seller has the right, power, legal capacity and authority to enter into, and perform its obligations under this Agreement, and no approvals or consents of any persons or entity other than Seller are necessary in connection with it. The execution and delivery of this Agreement by Seller have has been duly authorized by all necessary corporate action of Seller save and except shareholder and regulatory approval (including any necessary action by Seller's security holders), and on receipt of shareholder and regulatory approval this Agreement constitutes will constitute a legal, valid and binding obligation of Seller enforceable in accordance with its terms.

Appears in 2 contracts

Samples: Cinemaworks Asset Purchase Agreement (Chequemate International Inc), Cinemaworks Asset Purchase Agreement (Chequemate International Inc)

Authority and Consents. Seller has the right, power, legal capacity and authority to enter into, and perform its obligations under this Agreement, Agreement and no approvals or consents of any persons or entity other than Seller are is necessary in connection with it. The execution and delivery of this Agreement by Seller have been duly authorized by all necessary corporate action of Seller (including any necessary action by Seller's security holders), and this Agreement constitutes a legal, valid and binding obligation of Seller enforceable in accordance with its terms.

Appears in 2 contracts

Samples: Agreement (Health Sciences Group Inc), Agreement (Health Sciences Group Inc)

Authority and Consents. Seller has the right, power, legal capacity and authority to enter into, and perform its obligations under this Agreement, and no approvals or consents of any persons or entity other than Seller Selling Parties are necessary in connection with it. The execution and delivery of this Agreement by Seller have been duly authorized by all necessary corporate action of Seller (including any necessary action by Seller's security holders), and this Agreement constitutes a legal, valid and binding obligation of Seller enforceable in accordance with its terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Chequemate International Inc)

Authority and Consents. Except as set forth in SCHEDULE 6.21, Seller has the right, power, legal capacity and authority to enter into, and perform its obligations under this Agreement, and no approvals or consents of any persons or entity other than Seller Selling Parties are necessary in connection with it. The execution and delivery of this Agreement by Seller have been duly authorized by all necessary corporate action of Seller (including any necessary action by Seller's security holders), and this Agreement constitutes a legal, valid and binding obligation of Seller enforceable in accordance with its terms.

Appears in 1 contract

Samples: Nordic Lites Asset Purchase Agreement (Dynatec International Inc)

Authority and Consents. The Seller has the right, power, legal capacity capacity, and authority to enter into, and perform its obligations under this Agreement, and no approvals or consents of any persons or entity other than Seller are necessary in connection with it. The execution and delivery of this Agreement by the Seller have has been duly authorized by all necessary corporate action on the part of Seller (including any necessary action by the Seller's security holders), and this Agreement constitutes a legal, valid and binding obligation of Seller enforceable in accordance with its terms.

Appears in 1 contract

Samples: Agreement for Purchase and Sale of Assets (Us Electricar Inc)

Authority and Consents. Seller has the right, power, legal capacity and authority to enter into, into and perform its obligations under this Agreement, and no approvals or consents subject to the approval of any persons or entity other than Seller are necessary in connection with itthe Bankruptcy Court. The Seller's execution and delivery of this Agreement by Seller and the consummation of the transactions contemplated hereunder have been duly authorized by all and no further corporate authorization is necessary corporate action on the part of Seller (including any necessary action by Seller's security holders), and this Agreement constitutes a legal, valid and binding obligation of Seller enforceable in accordance with its terms.

Appears in 1 contract

Samples: Exhibit 2b Asset Purchase Agreement (Detection Systems Inc)

Authority and Consents. Seller has the right, power, legal capacity and authority to enter into, and perform its their respective obligations under this Agreement, and no approvals or consents of any persons or entity other than Seller are necessary in connection with it. The execution and delivery of this Agreement by Seller have been duly authorized by all necessary corporate action of Seller (including any necessary action by Seller's security holders), and this Agreement constitutes a legal, valid and binding obligation of Seller enforceable in accordance with its terms.

Appears in 1 contract

Samples: Engagement Agreement (Surge Global Energy, Inc.)

Authority and Consents. Seller represents and warrants that it has the right, power, legal capacity capacity, and authority to enter into, into and perform its obligations under this Agreement, and no approvals approval or consents consent of any persons or entity other than Seller are person is necessary in connection with it. The execution and delivery of this Agreement by Seller have been duly authorized by all necessary corporate action of Seller (including any necessary action by Seller's security holders), and this Agreement constitutes a legal, valid and binding obligation of Seller enforceable in accordance with its termstherewith.

Appears in 1 contract

Samples: Stock Purchase Agreement (Prestige Capital Corp)

Authority and Consents. Seller has the right, power, legal capacity and authority to enter into, and perform its obligations under this Agreement, and no approvals or consents of any persons or entity other than Seller are necessary in connection with it. The execution and delivery of this Agreement by Seller have been duly authorized by all necessary corporate action of Seller (including any necessary action by Seller's security holders), and this Agreement constitutes a legal, valid and binding obligation of Seller enforceable in accordance with its terms.

Appears in 1 contract

Samples: Express Asset Purchase Agreement (Chequemate International Inc)

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Authority and Consents. The Seller has the right, power, legal capacity and authority to enter into, into and perform its obligations under this Agreement, Agreement and no approvals or consents of any persons person or entity other than Seller are is necessary in connection with ittherewith. The execution This Agreement, when executed and delivery of this Agreement by Seller have been duly authorized by all necessary corporate action of Seller (including any necessary action by Seller's security holders)delivered, and this Agreement constitutes shall constitute a legal, valid and binding obligation of the Seller enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Patent Application (Omnireliant Holdings, Inc.)

Authority and Consents. Except as set forth in SCHEDULE 4.13, Seller has the right, power, legal capacity and authority to enter into, and perform its obligations under this Agreement, and no approvals or consents of any other persons or entity other than Seller are necessary in connection with it. The execution and delivery of this Agreement by Seller have been duly authorized by all necessary corporate action of Seller (including any necessary action by Seller's security holders), and this Agreement constitutes a legal, valid and binding obligation of Seller enforceable in accordance with its terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Streamlogic Corp)

Authority and Consents. a) Seller has the right, power, legal capacity capacity, and authority to enter into, and perform its obligations under respective obligation under, this Agreementagreement, and no approvals or consents of any persons or entity other than Seller are necessary in connection with it. The execution and delivery of this Agreement agreement by Seller Corporation have been duly authorized by all necessary corporate action on the part of Seller (including any necessary action by Seller's security holders), and this Agreement constitutes a legal, valid and binding obligation of Seller enforceable in accordance with its termsCorporation.

Appears in 1 contract

Samples: Stock Purchase Agreement (Majestic Companies LTD)

Authority and Consents. Seller Each of the Sellers has the right, power, legal capacity capacity, and authority to enter into, into and perform its their respective obligations under this Agreement, ; and no approvals or consents of any persons or entity other than Seller the Sellers are necessary in connection with it. The execution and delivery of this Agreement by Seller the Sellers have been duly authorized by all necessary corporate action of Seller (including any necessary action by Seller's security holders), and this Agreement constitutes a legal, valid and binding obligation of Seller enforceable in accordance with its termsaction.

Appears in 1 contract

Samples: Stock Purchase Agreement (Gti Corp)

Authority and Consents. Seller has the right, power, legal capacity capacity, and authority to enter into, into and perform its Seller's obligations under this Agreement, and no approvals or consents of any persons or entity other than Seller are necessary in connection with it. The execution and delivery of this Agreement by Seller have been duly authorized by all necessary corporate action of Seller (including any necessary action by Seller's security holders), and this Agreement constitutes a legal, valid and binding obligation of Seller enforceable in accordance with its terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Internetstudios Com Inc)

Authority and Consents. Seller has the right, power, legal capacity and ---------------------- authority to enter into, and perform its obligations under this Agreement, and no approvals or consents of any persons or entity other than Seller are necessary in connection with it. The execution and delivery of this Agreement by Seller have been duly authorized by all necessary corporate action of Seller (including any necessary action by Seller's security holders), and this Agreement constitutes a legal, valid and binding obligation of Seller enforceable in accordance with its terms.

Appears in 1 contract

Samples: Cinemaworks Asset Purchase Agreement (Cinema Internet Networks Inc)

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