Common use of Authority of Seller Clause in Contracts

Authority of Seller. Seller has all necessary power and authority, and the full legal capacity, to enter into and deliver this Agreement and each of the other agreements, certificates, instruments and documents contemplated hereby (collectively, the “Transaction Documents”) to which Seller is a party, to carry out the Seller’s obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby. This Agreement and each Transaction Document to which Seller is a party constitute legal, valid, and binding obligations of Seller enforceable against Seller in accordance with their respective terms.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Blum Holdings, Inc.), Stock Purchase Agreement (Blum Holdings, Inc.)

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Authority of Seller. Seller has all necessary full power and authorityauthority and has taken all requisite action, and the full legal capacitycorporate or otherwise, to enter into authorize Seller to execute and deliver this Agreement and each of the other agreementsAgreement, certificatesany agreement or document contemplated hereby, instruments and documents contemplated hereby (collectively, the “Transaction Documents”) to which Seller is a party, to carry out the Seller’s obligations hereunder and thereunder and to consummate the transactions contemplated hereby and therebyhereby. This Agreement and each Transaction Document to which Seller is a party constitute legalThe obligation imposed on seller by this Agreement, validor by any agreement or document contemplated hereby, constitutes the valid and binding obligations obligation and agreement of Seller Seller, enforceable against Seller in accordance with their respective its terms.

Appears in 2 contracts

Samples: Asset Sale Agreement, Asset Sale Agreement (Silver Star Energy Inc)

Authority of Seller. Seller has all necessary requisite municipal power and authority, and the full legal capacity, authority to enter into and deliver this Agreement and each of the other agreements, certificates, instruments and documents contemplated hereby (collectively, the “Transaction Documents”) Ancillary Documents to which Seller is a party, to carry out the Seller’s its obligations hereunder and thereunder thereunder, and to consummate the transactions contemplated hereby and thereby. This The execution and delivery by Seller of this Agreement and each Transaction any Ancillary Document to which Seller is a party constitute legalparty, valid, the performance by Seller of its obligations hereunder and binding obligations of Seller enforceable against Seller in accordance with their respective terms.thereunder and the

Appears in 2 contracts

Samples: Asset Purchase and Sale Agreement, Asset Purchase and Sale Agreement

Authority of Seller. Seller has all necessary the legal competence, full power and authority, and the full legal capacity, authority to enter into and deliver this Agreement and each of the other agreements, certificates, instruments and documents contemplated hereby (collectively, the “Transaction Documents”) to which Seller is a party, to carry out the Seller’s obligations hereunder and thereunder and to consummate the transactions contemplated hereby hereby. The Seller has duly executed and thereby. This delivered this Agreement and each Transaction Document to which Seller is a party constitute the Agreement and consummation of the transactions contemplated hereby constitutes Seller’s legal, valid, valid and binding obligations of Seller obligation, enforceable against Seller in accordance with their respective termsthe terms of this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Paradigm Holdings, Inc)

Authority of Seller. Seller has all necessary full power and authority, and the full legal capacity, authority to enter into and deliver this Agreement and each of the other agreements, certificatesinstruments, instruments and documents contemplated hereby required to be delivered in connection with this Agreement or at the Closing (collectively, the “Transaction Documents”) to which Seller is a party, to carry out the Seller’s his obligations hereunder and thereunder thereunder, and to consummate the transactions contemplated hereby and thereby. This Agreement and each Transaction Document to which Seller is a party constitute legal, valid, and binding obligations of Seller enforceable against Seller in accordance with their respective terms.

Appears in 1 contract

Samples: Share Purchase Agreement (Fuling Global Inc.)

Authority of Seller. Seller has all necessary requisite corporate power and authority, and the full legal capacity, authority to enter into execute and deliver this Agreement Agreement, the Deed and each of the other agreements, certificates, agreements and instruments to be executed and documents contemplated hereby delivered by it pursuant to this Agreement (collectively, the “Transaction Ancillary Documents”) to which Seller is a party, to carry out the Seller’s obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby. This Agreement and each Transaction Document to which Seller is a party constitute legal, valid, and binding obligations of Seller enforceable against Seller in accordance with their respective terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Rare Element Resources LTD)

Authority of Seller. Seller has all necessary power the right, power, legal capacity and authorityauthority to own its properties and assets, to carry on its business as presently conducted, and the full legal capacity, to enter into and deliver perform its obligations under this Agreement and each Agreement. Except as set forth in Schedule 2.2 attached hereto, no approvals or consents of the any person, including without limitation, any party to loans, contracts, leases, or other agreements, certificatesor any federal, instruments and documents contemplated hereby (collectively, state or local authority or administrative agency are necessary to authorize the “Transaction Documents”) to which execution of this Agreement by Seller is a party, to carry out or the Seller’s obligations hereunder and thereunder and to consummate consummation by Seller of the transactions contemplated hereby and thereby. This Agreement and each Transaction Document to which Seller is a party constitute legal, valid, and binding obligations of Seller enforceable against Seller in accordance with their respective termshereby.

Appears in 1 contract

Samples: Purchase and Sale Agreement (National Technical Systems Inc /Ca/)

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Authority of Seller. Seller is an individual and has all necessary requisite power and authority, and the full legal capacity, authority to enter into and deliver this Agreement and each of the other agreements, certificates, instruments and documents contemplated hereby (collectively, the “Transaction Documents”) to which Seller is a party, to carry out the Seller’s obligations hereunder and thereunder and to consummate the transactions contemplated hereby hereby. The execution, delivery and thereby. This performance of this Agreement by Seller has been duly authorized, duly and each Transaction Document to which validly executed and delivered by Seller is a party constitute and constitutes the legal, valid, valid and binding obligations obligation of Seller Seller, enforceable against Seller in accordance with their respective its terms, subject to applicable bankruptcy, insolvency, moratorium or other similar laws relating to creditors' rights and general principles of equity.

Appears in 1 contract

Samples: Merger Agreement (Chateau Communities Inc)

Authority of Seller. Seller has all necessary power and authority, and the full legal capacity, power and authority to enter into execute and deliver this Agreement and each of the other agreements, certificates, instruments and documents contemplated hereby (collectively, the “Transaction Documents”) to which Seller is a party, to carry out the Seller’s perform his obligations hereunder and thereunder and to consummate the transactions contemplated hereby and therebyhereunder. This Agreement and each Transaction Document to which Seller is a party constitute legal, valid, valid and binding obligations obligation of Seller Seller, enforceable against Seller in accordance with their respective its terms, except as such enforceability may be limited by general principles of equity or applicable bankruptcy, insolvency, reorganization, moratorium, liquidation or similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.

Appears in 1 contract

Samples: Share Purchase Agreement (Hebron Technology Co., LTD)

Authority of Seller. Seller has all necessary power legal capacity and authority, and the full legal capacity, authority to enter into execute and deliver this Agreement and each of the other agreements, certificates, instruments and documents contemplated hereby (collectively, the “Transaction Documents”) to which Seller is a partyAgreement, to carry out the Seller’s perform its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and therebyprovided for herein. This Agreement has been duly executed and each Transaction Document to which delivered by Seller is a party constitute legal, valid, and constitutes the valid and binding obligations agreement of Seller Seller, enforceable against Seller it in accordance with their respective its terms, subject to applicable bankruptcy, insolvency and other similar laws affecting the enforceability of creditors' rights generally, general equitable principles and the discretion of courts in granting equitable remedies.

Appears in 1 contract

Samples: Stock Purchase and Option Agreement (Entreport Inc)

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