Common use of Authority of Seller; Enforceability Clause in Contracts

Authority of Seller; Enforceability. Seller has the full right, power, and authority to enter into this Agreement and perform its obligations hereunder. The execution, delivery, and performance of this Agreement by Seller have been duly authorized by all necessary organizational action of Seller, and when executed and delivered by both parties, this Agreement will constitute a legal, valid, and binding obligation of Seller, enforceable against Seller in accordance with its terms and conditions.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Nyiax, Inc.), Intellectual Property Assignment Agreement (American International Group, Inc.), Intellectual Property Assignment Agreement (Corebridge Financial, Inc.)

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Authority of Seller; Enforceability. Seller is duly organized, validly existing, and in good standing as a limited liability company as represented herein under the laws of its jurisdiction of organization. Seller has the full right, power, and authority to enter into this Agreement and perform its obligations hereunder. The execution, delivery, and performance of this Agreement by Seller have Seller’s representative whose signature is set forth herein has been duly authorized by all necessary organizational action of SellerSeller and, and when executed and delivered by both parties, this Agreement will constitute a legal, valid, and binding obligation of Seller, enforceable against Seller in accordance with its terms and conditions.

Appears in 2 contracts

Samples: Copyright Acquisition Agreement (Color Star Technology Co., Ltd.), Copyright Acquisition Agreement (Color Star Technology Co., Ltd.)

Authority of Seller; Enforceability. Seller is duly organized, validly existing, and in good standing as a corporation or other entity as represented herein under the laws of its jurisdiction of incorporation or organization. Seller has the full right, power, and authority to enter into this Agreement and perform its obligations hereunder. The execution, delivery, and performance of this Agreement by Seller have Seller’s representative whose signature is set forth herein has been duly authorized by all necessary organizational action of SellerSeller and, and when executed and delivered by both parties, this Agreement will constitute a legal, valid, and binding obligation of Seller, enforceable against Seller in accordance with its terms and conditions.

Appears in 2 contracts

Samples: Software Purchase Agreement (GD Culture Group LTD), Software Purchase Agreement (GD Culture Group LTD)

Authority of Seller; Enforceability. Seller has the full right, right power, capacity and authority to enter into this Agreement Agreement, to perform Seller’s obligations hereunder and perform its obligations hereunderto consummate the transactions contemplated hereby. The execution, delivery, delivery and performance by Seller of this Agreement by Seller and the consummation of the transactions contemplated hereby have been duly authorized approved by all necessary organizational requisite action on the part of Seller, and when . This Agreement has been duly executed and delivered by both partiesSeller, this Agreement will constitute a and constitutes legal, valid, binding and binding obligation enforceable obligations of Seller, enforceable against Seller in accordance with its terms and conditions.

Appears in 1 contract

Samples: Asset Purchase Agreement (To the Stars Academy of Arts & Science Inc.)

Authority of Seller; Enforceability. Seller This Agreement has the full right, power, and authority to enter into this Agreement and perform its obligations hereunder. The execution, delivery, and performance of this Agreement by Seller have been duly authorized by all necessary organizational action of Sellerauthorized, and when executed and delivered by both partiesthe Seller, and this Agreement will (and the obligations of the Seller set forth herein) constitute a the legal, valid, valid and binding obligation of the Seller, enforceable against the Seller in accordance with its terms terms, subject to the effect, if any, of bankruptcy, insolvency, reorganization, moratorium and conditionsother similar laws affecting the rights of creditors generally and the effect, if any, of general principles of equity.

Appears in 1 contract

Samples: Stock Purchase Agreement (Buckhead America Corp)

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Authority of Seller; Enforceability. Seller has the full right, power, and authority to enter into this Agreement and perform its obligations hereunder. The execution, delivery, and performance of this Agreement by Seller have been duly authorized by all necessary organizational action of Seller, and when executed and delivered by both partiesParties, this Agreement will constitute a legal, valid, and binding obligation of Seller, enforceable against Seller in accordance with its terms and conditions.

Appears in 1 contract

Samples: Patent Purchase Agreement (Fangdd Network Group Ltd.)

Authority of Seller; Enforceability. Seller has the full right, power, all necessary power ----------------------------------- and authority to enter into this Agreement and perform Agreement, to carry out its obligations hereunderhereunder and to consummate the transactions contemplated hereby. The execution, delivery, and performance of this This Agreement by Seller have has been duly authorized by all necessary organizational action of Sellerauthorized, and when executed and delivered by both partiesSeller, and this Agreement will constitute a Agreement, assuming due authorization, execution and delivery by Buyer, constitutes the legal, valid, valid and binding obligation of Seller, enforceable against Seller Seller, in accordance with its terms and conditionsterms.

Appears in 1 contract

Samples: Stock Purchase Agreement (Bay Harbour Management Lc)

Authority of Seller; Enforceability. Seller has the full right, power, power and authority to enter into this Agreement and perform the documents to be delivered hereunder, to carry out its obligations hereunderhereunder and to consummate the transactions contemplated hereby. The execution, delivery, This Agreement and performance of this Agreement by Seller the documents to be delivered hereunder have been duly authorized by all necessary organizational action of Seller, and when executed and delivered by both partiesSeller, and (assuming due authorization, execution and delivery by Buyer) this Agreement will and the documents to be delivered hereunder constitute a legal, valid, valid and binding obligation obligations of Seller, enforceable against Seller in accordance with its terms and conditionstheir respective terms.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Fortem Resources Inc.)

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