Common use of Authority of Seller Clause in Contracts

Authority of Seller. Seller is an individual with the legal capacity to execute, deliver and perform his obligations under this Agreement. This Agreement has been duly executed and delivered by Seller and, assuming due authorization, execution and delivery by the Company, constitutes a legal, valid and binding agreement of Seller, enforceable against Seller in accordance with its terms (subject to applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and other laws affecting creditors’ rights generally and general principles of equity (the “Bankruptcy and Equity Exception”)).

Appears in 1 contract

Samples: Stock Purchase Agreement (TKO Group Holdings, Inc.)

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Authority of Seller. Seller is an individual with has the full legal capacity capacity, power and authority to execute, execute and deliver this Agreement and to perform his obligations under this Agreementhereunder. This Agreement has been duly executed and delivered by Seller and, assuming due authorization, execution and delivery by the Company, constitutes is a legal, valid and binding agreement obligation of Seller, enforceable against Seller in accordance with its terms (subject to terms, except as such enforceability may be limited by general principles of equity or applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and other moratorium, liquidation or similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights generally and general principles of equity (the “Bankruptcy and Equity Exception”))remedies.

Appears in 1 contract

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

Authority of Seller. Seller is an individual with has the legal capacity competence, full power and authority to execute, deliver enter into this Agreement and perform his obligations under this Agreementto consummate the transactions contemplated hereby. This Agreement The Seller has been duly executed and delivered by Seller and, assuming due authorization, execution this Agreement and delivery by the Company, Agreement and consummation of the transactions contemplated hereby constitutes a Seller’s legal, valid and binding agreement of Sellerobligation, enforceable against Seller in accordance with its the terms (subject to applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and other laws affecting creditors’ rights generally and general principles of equity (the “Bankruptcy and Equity Exception”))this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Paradigm Holdings, Inc)

Authority of Seller. The person executing this Agreement on behalf of Seller is an individual with has the legal lawful right, power, authority and capacity to execute, deliver bind Seller to the terms hereof and perform his obligations under consummate the transactions contemplated by this Agreement. This Agreement has been duly executed , pursuant to the terms, provisions and delivered by Seller and, assuming due authorization, execution and delivery by the Company, constitutes a legal, valid and binding agreement conditions of Seller, enforceable against Seller in accordance with its terms (subject to applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and other laws affecting creditors’ rights generally and general principles of equity (the “Bankruptcy and Equity Exception”))this Agreement.

Appears in 1 contract

Samples: Agreement for the Purchase And

Authority of Seller. Seller is an individual with has the right, power, legal capacity and authority to executeown its properties and assets, deliver to carry on its business as presently conducted, and to enter into and perform his its obligations under this Agreement. This 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 has been duly executed and delivered by Seller and, assuming due authorization, execution and delivery or the consummation by Seller of the Company, constitutes a legal, valid and binding agreement of Seller, enforceable against Seller in accordance with its terms (subject to applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and other laws affecting creditors’ rights generally and general principles of equity (the “Bankruptcy and Equity Exception”))transactions contemplated hereby.

Appears in 1 contract

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

Authority of Seller. Seller is an individual with and has all requisite power and authority to enter into this Agreement and to carry out the legal capacity to executetransactions contemplated hereby. The execution, deliver delivery and perform his obligations under performance of this Agreement. This Agreement by Seller has been duly authorized, duly and validly executed and delivered by Seller and, assuming due authorization, execution and delivery by constitutes the Company, constitutes a legal, valid and binding agreement obligation of Seller, enforceable against Seller in accordance with its terms (terms, subject to applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and or other similar laws affecting relating to creditors' rights generally and general principles of equity (the “Bankruptcy and Equity Exception”))equity.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Chateau Communities Inc)

Authority of Seller. Seller has full power and authority to enter into this Agreement and agreements, instruments, and documents required to be delivered in connection with this Agreement or at the Closing (collectively, the “Transaction Documents”) to which Seller is an individual with the legal capacity a party, to execute, deliver and perform carry out his obligations under this Agreementhereunder and thereunder, and to consummate the transactions contemplated hereby and thereby. This Agreement has been duly executed and delivered by each Transaction Document to which Seller and, assuming due authorization, execution and delivery by the Company, constitutes is a party constitute legal, valid valid, and binding agreement obligations of Seller, Seller enforceable against Seller in accordance with its terms (subject to applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and other laws affecting creditors’ rights generally and general principles of equity (the “Bankruptcy and Equity Exception”))their respective terms.

Appears in 1 contract

Samples: Share Purchase Agreement (Fuling Global Inc.)

Authority of Seller. Seller is an individual with has the legal capacity corporate power and authority to execute, deliver and perform his obligations under this Agreement. This Agreement has been duly authorized, executed and delivered by Seller and, assuming due authorization, execution and delivery by is the Company, constitutes a legal, valid and binding agreement obligation of Seller, Seller enforceable against Seller in accordance with its terms (subject to applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and other laws affecting creditors’ rights generally and general principles of equity (the “Bankruptcy and Equity Exception”))terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sea Pines Associates Inc)

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Authority of Seller. Seller is an individual with the has legal capacity and authority to execute, execute and deliver and perform his obligations under this Agreement, to perform its obligations hereunder and to consummate the transactions provided for herein. This Agreement has been duly executed and delivered by Seller and, assuming due authorization, execution and delivery by constitutes the Company, constitutes a legal, valid and binding agreement of Seller, enforceable against Seller it in accordance with its terms (terms, subject to applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium insolvency and other similar laws affecting the enforceability of creditors' rights generally generally, general equitable principles and general principles the discretion of equity (the “Bankruptcy and Equity Exception”))courts in granting equitable remedies.

Appears in 1 contract

Samples: Stock Purchase and Option Agreement (Entreport Inc)

Authority of Seller. Seller is an individual with the legal capacity to execute, deliver and perform his obligations under this Agreement. This Agreement has been duly executed and delivered by Seller and, assuming due authorization, execution and delivery by the CompanyXxxxx, constitutes a legal, valid and binding agreement of Seller, enforceable against Seller in accordance with its terms (subject to applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and other laws affecting creditors’ rights generally and general principles of equity (the “Bankruptcy and Equity Exception”)).

Appears in 1 contract

Samples: Stock Purchase Agreement (Endeavor Group Holdings, Inc.)

Authority of Seller. The Seller is an individual with has the legal capacity requisite limited partnership power and authority to execute, deliver and perform his obligations under this Agreement. This Agreement has been duly authorized, executed and delivered by Seller and, assuming due authorization, execution and delivery by is the Company, constitutes a legal, valid and binding agreement obligation of Seller, the Seller enforceable against Seller in accordance with its terms (subject to applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and other laws affecting creditors’ rights generally and general principles of equity (the “Bankruptcy and Equity Exception”))terms.

Appears in 1 contract

Samples: Stock Repurchase Agreement (Tessco Technologies Inc)

Authority of Seller. The Seller is an individual with has the full legal right, power, capacity and authority to execute, deliver enter into this Agreement and perform to carry out his obligations under this Agreementhereunder. This Agreement has been duly executed and delivered by Seller andthe Seller, assuming due authorization, execution and delivery by the Company, this Agreement constitutes a legal, valid and binding agreement obligation of Seller, the Seller enforceable against Seller him in accordance with its terms (subject to applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and other laws affecting creditors’ rights generally and general principles of equity (the “Bankruptcy and Equity Exception”))terms.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Digital Video Display Technology Corp)

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