Authority of Seller. Seller has full power and authority and has taken all requisite action, corporate or otherwise, to authorize Seller to execute and deliver this Agreement, any agreement or document contemplated hereby, and to consummate the transactions contemplated hereby. The obligation imposed on seller by this Agreement, or by any agreement or document contemplated hereby, constitutes the valid and binding obligation and agreement of Seller, enforceable against Seller in accordance with its terms.
Appears in 2 contracts
Samples: Asset Sale Agreement, Asset Sale Agreement (Silver Star Energy Inc)
Authority of Seller. Seller has full all necessary power and authority authority, and has taken all requisite action, corporate or otherwisethe full legal capacity, to authorize Seller to execute enter into and deliver this AgreementAgreement and each of the other agreements, any agreement or document certificates, instruments and documents contemplated herebyhereby (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 herebyhereby and thereby. The obligation imposed on seller by this AgreementThis Agreement and each Transaction Document to which Seller is a party constitute legal, or by any agreement or document contemplated herebyvalid, constitutes the valid and binding obligation and agreement obligations of Seller, Seller enforceable against Seller in accordance with its their respective terms.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Blum Holdings, Inc.), Stock Purchase Agreement (Blum Holdings, Inc.)
Authority of Seller. Each Seller has full corporate or limited liability company power and authority to enter into this Agreement and has taken all requisite action, corporate or otherwisethe other Transaction Documents to which such Seller is a party, to authorize Seller to execute carry out its obligations hereunder and deliver this Agreement, any agreement or document contemplated hereby, thereunder and to consummate the transactions contemplated herebyhereby and thereby. The obligation imposed on seller execution and delivery by each Seller of this Agreement, or by Agreement and any agreement or document contemplated hereby, constitutes the valid and binding obligation and agreement of Seller, enforceable against other Transaction Document to which such Seller in accordance with its terms.is a
Appears in 1 contract
Authority of Seller. Seller has full all requisite corporate power and authority and has taken all requisite action, corporate or otherwise, to authorize Seller to execute and deliver this Agreement, any agreement or document contemplated herebythe Deed and the other agreements and instruments to be executed and delivered by it pursuant to this Agreement (collectively, the “Ancillary Documents”) and to consummate the transactions contemplated hereby. The obligation imposed on seller by this Agreement, or by any agreement or document contemplated hereby, constitutes the valid hereby and binding obligation and agreement of Seller, enforceable against Seller in accordance with its termsthereby.
Appears in 1 contract
Samples: Asset Purchase Agreement Between Rare Element Resources (Rare Element Resources LTD)
Authority of Seller. Seller has full power the right, power, legal capacity and authority to own its properties and has taken all requisite action, corporate or otherwiseassets, to authorize Seller to execute and deliver this Agreement, any agreement or document contemplated herebycarry on its business as presently conducted, and to consummate enter into and perform its obligations under this Agreement. Except as set forth in Schedule 2.2 attached hereto, no approvals or consents of any person, including without limitation, any party to loans, contracts, leases, or other agreements, or any federal, state or local authority or administrative agency are necessary to authorize the execution of this Agreement by Seller or the consummation by Seller of the transactions contemplated hereby. The obligation imposed on seller by this Agreement, or by any agreement or document contemplated hereby, constitutes the valid and binding obligation and agreement of Seller, enforceable against Seller in accordance with its terms.
Appears in 1 contract
Samples: Agreement of Purchase and Sale of Assets (National Technical Systems Inc /Ca/)
Authority of Seller. (a) Seller has full power and right, authority and has taken all requisite actionpower to enter into this Agreement and each agreement, corporate or otherwise, document and instrument to authorize be executed and delivered by Seller pursuant to execute and deliver this Agreement, any agreement or document contemplated hereby, Agreement and to consummate carry out the transactions contemplated hereby. The obligation imposed execution, delivery and performance by Seller of this Agreement and each such other agreement, documents and instrument have been duly authorized by all necessary action of Seller and no other action on seller by this Agreement, or by any agreement or document contemplated hereby, constitutes the valid and binding obligation and agreement part of Seller, enforceable against Seller is required in accordance with its termsconnection therewith.
Appears in 1 contract
Samples: Asset Purchase Agreement (Unique Casual Restaurants Inc)
Authority of Seller. Seller has full all necessary corporate power and authority to enter into this Agreement and has taken all requisite action, corporate or otherwiseexecute the other Transaction Documents to which Seller is a party, to authorize Seller to execute carry out its obligations hereunder and deliver this Agreement, any agreement or document contemplated hereby, thereunder and to consummate the transactions contemplated hereby. The obligation imposed on seller by this Agreement, or by any agreement or document contemplated hereby, constitutes the valid hereby and binding obligation and agreement of Seller, enforceable against Seller in accordance with its termsthereby.
Appears in 1 contract
Samples: Asset Sale and Purchase Agreement (EzFill Holdings Inc)
Authority of Seller. Seller is an individual and has full all requisite power and authority and has taken all requisite action, corporate or otherwise, to authorize Seller to execute and deliver enter into this Agreement, any agreement or document contemplated hereby, Agreement and to consummate carry out the transactions contemplated hereby. The obligation imposed on seller execution, delivery and performance of this Agreement by this AgreementSeller has been duly authorized, or duly and validly executed and delivered by any agreement or document contemplated hereby, Seller and constitutes the legal, valid and binding obligation and agreement of Seller, enforceable against Seller in accordance with 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: Agreement and Plan of Merger (Chateau Communities Inc)
Authority of Seller. Seller has the legal competence, full power and authority and has taken all requisite action, corporate or otherwise, to authorize Seller to execute and deliver enter into this Agreement, any agreement or document contemplated hereby, Agreement and to consummate the transactions contemplated hereby. The obligation imposed on seller by Seller has duly executed and delivered this AgreementAgreement and the Agreement and consummation of the transactions contemplated hereby constitutes Seller’s legal, or by any agreement or document contemplated hereby, constitutes the valid and binding obligation and agreement of Sellerobligation, enforceable against Seller in accordance with its termsthe terms of this Agreement.
Appears in 1 contract
Authority of Seller. Each Seller has full power and authority to enter into this Agreement and has taken all requisite action, corporate or otherwisethe other Transaction Documents to which such Seller is a party, to authorize Seller to execute carry out its obligations hereunder and deliver this Agreement, any agreement or document contemplated hereby, thereunder and to consummate the transactions contemplated herebyhereby and thereby. The obligation imposed on seller This Agreement has been duly executed and delivered by each Seller, and (assuming due authorization, execution and delivery by Buyer) this AgreementAgreement constitutes a legal, or by any agreement or document contemplated hereby, constitutes the valid and binding obligation and agreement of Seller, each Seller enforceable against each Seller in accordance with its terms.
Appears in 1 contract
Samples: Stock Purchase Agreement (Addvantage Technologies Group Inc)
Authority of Seller. Seller has full power and authority to enter into this Agreement and has taken all requisite actionagreements, corporate instruments, and documents required to be delivered in connection with this Agreement or otherwiseat the Closing (collectively, the “Transaction Documents”) to which Seller is a party, to authorize Seller to execute carry out his obligations hereunder and deliver this Agreement, any agreement or document contemplated herebythereunder, and to consummate the transactions contemplated herebyhereby and thereby. The obligation imposed on seller by this AgreementThis Agreement and each Transaction Document to which Seller is a party constitute legal, or by any agreement or document contemplated herebyvalid, constitutes the valid and binding obligation and agreement obligations of Seller, Seller enforceable against Seller in accordance with its their respective terms.
Appears in 1 contract
Authority of Seller. Seller has the full legal capacity, power and authority and has taken all requisite action, corporate or otherwise, to authorize Seller to execute and deliver this Agreement, any agreement or document contemplated hereby, Agreement and to consummate the transactions contemplated herebyperform his obligations hereunder. The obligation imposed on seller by this Agreement, or by any agreement or document contemplated hereby, constitutes the This Agreement is a valid and binding obligation and agreement of Seller, enforceable against Seller in accordance with 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 full power legal capacity and authority and has taken all requisite action, corporate or otherwise, to authorize Seller to execute and deliver this Agreement, any agreement or document contemplated hereby, to perform its obligations hereunder and to consummate the transactions contemplated herebyprovided for herein. The obligation imposed on seller This Agreement has been duly executed and delivered by this Agreement, or by any agreement or document contemplated hereby, Seller and constitutes the valid and binding obligation and agreement of Seller, enforceable against Seller it in accordance with 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)