Common use of Authority; Due Authorization Clause in Contracts

Authority; Due Authorization. This Agreement has been duly and validly executed and delivered by Seller, and upon the execution and delivery by Buyer of this Agreement and the performance by Buyer of Buyer's obligations herein, will constitute, a legal, valid and binding obligation of Seller enforceable against Seller in accordance with its terms, except as such enforcement may be limited by bankruptcy or insolvency laws or other laws affecting enforcement of creditors' rights or by general principles of equity.

Appears in 3 contracts

Samples: Agreement to Purchase Limited Liability Company Interests (Rocky Mountain High Brands, Inc.), Agreement to Purchase Limited Liability Company Interests (Rocky Mountain High Brands, Inc.), Agreement for the Purchase of Preferred Stock (Swap-a-Debt, Inc.)

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Authority; Due Authorization. This Agreement has been duly and validly executed and delivered by Seller, and upon the execution and delivery by Buyer of this Agreement and the performance by Buyer of Buyer's ’s obligations herein, will constitute, a legal, valid and binding obligation of Seller enforceable against Seller in accordance with its terms, except as such enforcement may be limited by bankruptcy or insolvency laws or other laws affecting enforcement of creditors' rights or by general principles of equitySeller.

Appears in 3 contracts

Samples: Agreement for the Purchase of Common Stock (BestGofer Inc.), Agreement for the Purchase of Common Stock (BestGofer Inc.), Agreement for the Purchase of Common Stock (Apex 10 Inc.)

Authority; Due Authorization. This Agreement has been duly and validly executed and delivered by Seller, and upon the execution and delivery by Buyer of this Agreement and the performance by Buyer of Buyer's ’s obligations herein, will constitute, a legal, valid and binding obligation of Seller enforceable against Seller in accordance with its terms, except as such enforcement may be limited by bankruptcy or insolvency laws or other laws affecting enforcement of creditors' rights or by general principles of equity.

Appears in 3 contracts

Samples: Agreement for the Purchase of Perferred Stock (Portage Resources Inc.), Agreement for the Purchase of Common Stock (Megas Inc), Agreement for the Purchase of Common Stock (Shanghai Yutong Pharma, Inc)

Authority; Due Authorization. This Agreement has been duly and validly executed and delivered by Seller, and upon the execution and delivery by Buyer Purchasers of this Agreement and the performance by Buyer Purchasers of Buyer's their obligations herein, will constitute, a legal, valid and binding obligation of Seller enforceable against Seller in accordance with its terms, except as such enforcement may be limited by bankruptcy or insolvency laws or other laws affecting enforcement of creditors' rights or by general principles of equity.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Latin-American Fuels Corp), Stock Purchase Agreement (LIFE Power & Fuels LLC)

Authority; Due Authorization. This Agreement has been duly and validly executed and delivered by SellerSellers, and upon the execution and delivery by Buyer Purchaser of this Agreement and the performance by Buyer Purchaser of Buyer's its obligations herein, will constitute, a legal, valid and binding obligation of Seller Sellers enforceable against Seller Sellers in accordance with its terms, except as such enforcement may be limited by bankruptcy or insolvency laws or other laws affecting enforcement of creditors' rights or by general principles of equity.

Appears in 2 contracts

Samples: Stock Purchase Agreement (GAS Investment China Co., LTD), Stock Purchase Agreement (Dolce Ventures, Inc)

Authority; Due Authorization. This Agreement has been duly and validly executed and delivered by such Seller, and upon the execution and delivery by Buyer Purchaser of this Agreement and the performance by Buyer Purchaser of Buyer's its obligations herein, will constitute, a legal, valid and binding obligation of such Seller enforceable against such Seller in accordance with its terms, except as such enforcement may be limited by bankruptcy or insolvency laws or other laws affecting enforcement of creditors' rights or by general principles of equity.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Glauser Steven Jerry), Stock Purchase Agreement (Bittel Stephen)

Authority; Due Authorization. This Agreement has been duly and validly executed and delivered by SellerSellers, and upon the execution and delivery by Buyer Purchasers of this Agreement and the performance by Buyer Purchasers of Buyer's their obligations herein, will constitute, a legal, valid and binding obligation of Seller Sellers enforceable against Seller Sellers in accordance with its terms, except as such enforcement may be limited by bankruptcy or insolvency laws or other laws affecting enforcement of creditors' rights or by general principles of equity.

Appears in 1 contract

Samples: Stock Purchase Agreement (Usip Com Inc)

Authority; Due Authorization. This Agreement has been duly and validly executed and delivered by SellerSellers, and upon the execution and delivery by Buyer Purchaser of this Agreement and the performance by Buyer Purchaser of Buyer's its obligations herein, will constitute, a legal, valid and binding obligation of Seller Sellers enforceable against Seller Sellers in accordance with its terms, except as such enforcement may be limited by bankruptcy or insolvency laws or other laws affecting enforcement of creditors' rights or by general principles of equity.

Appears in 1 contract

Samples: Unit Purchase Agreement (Juhl Wind, Inc)

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Authority; Due Authorization. This Agreement has been duly and validly executed and delivered by Seller, and upon the execution and delivery by Buyer of this Agreement and the performance by Buyer of Buyer's obligations herein, will constitute, a legal, valid and binding blinding obligation of Seller enforceable against Seller in accordance with its terms, except as such enforcement may be limited by bankruptcy or insolvency laws or other laws affecting enforcement of creditors' rights or by general principles of equity.

Appears in 1 contract

Samples: Stock Purchase Agreement (Trans-Science Corp)

Authority; Due Authorization. This Agreement has been duly and validly executed and delivered by such Seller, and upon the execution and delivery by Buyer Purchasers of this Agreement and the performance by Buyer Purchasers of Buyer's their obligations herein, will constitute, a legal, valid and binding obligation of such Seller enforceable against such Seller in accordance with its terms, except as such enforcement may be limited by bankruptcy or insolvency laws or other laws affecting enforcement of creditors' rights or by general principles of equity.

Appears in 1 contract

Samples: Stock Purchase Agreement (Eudora Partners LLC)

Authority; Due Authorization. This Agreement has been duly and validly executed and delivered by SellerSellers, and upon the execution and delivery by Buyer of this Agreement and the performance by Buyer of Buyer's ’s obligations herein, will constitute, a legal, valid and binding obligation of Seller Sellers enforceable against Seller Sellers in accordance with its terms, except as such enforcement may be limited by bankruptcy or insolvency laws or other laws affecting enforcement of creditors' rights or by general principles of equity.

Appears in 1 contract

Samples: Stock Purchase Agreement (InfoSpi, Inc.)

Authority; Due Authorization. This Agreement has been duly and validly executed and delivered by Seller, and upon the execution and delivery by Buyer Purchaser of this Agreement and the performance by Buyer Purchaser of Buyer's its obligations herein, will constitute, a legal, valid and binding obligation of Seller enforceable against Seller in accordance with its terms, except as such enforcement may be limited by bankruptcy or insolvency laws or other laws affecting enforcement of creditors' rights or by general principles of equity.

Appears in 1 contract

Samples: Stock Purchase Agreement (Aamaxan Transport Group, Inc.)

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