Common use of Authority of Seller Clause in Contracts

Authority of Seller. Seller has full power and authority to enter into this Agreement, to carry out its obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery by Seller of this Agreement and any other documents delivered hereunder, the performance by Seller of its obligations hereunder and the consummation by Seller of the transactions contemplated hereby have been duly authorized by all requisite company action on the part of Seller. This Agreement has been duly executed and delivered by Seller, and this Agreement constitutes a legal, valid and binding obligation of Seller enforceable against Seller in accordance with its terms.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Grilled Cheese Truck, Inc.), Asset Purchase Agreement (Grilled Cheese Truck, Inc.), Asset Purchase Agreement (Grilled Cheese Truck, Inc.)

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Authority of Seller. Seller has full power and authority to enter into this Agreement, to carry out its obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery by Seller of this Agreement and any other documents delivered hereunderby Seller, the performance by Seller sale of its obligations hereunder the Purchased Assets, and the consummation by Seller performance of the transactions obligations of Seller contemplated hereby have been duly and validly authorized by all requisite company action on necessary action. Seller has the part of Seller. This Agreement has been duly executed and delivered by Sellerright, power, authority, and legal capacity to enter into and perform this Agreement and the transaction contemplated hereby, and (assuming due authorization, execution, and delivery by Buyer) this Agreement constitutes a legal, the valid and binding obligation agreement of Seller Seller, enforceable against Seller in accordance with its terms.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement

Authority of Seller. Seller has full all requisite power and authority to enter into this Agreement, to carry out its obligations hereunder execute and to consummate the transactions contemplated hereby. The execution and delivery by Seller of deliver this Agreement and any other documents delivered to perform her obligations hereunder, the performance by Seller of its obligations hereunder and the consummation by Seller of the transactions contemplated hereby have been duly authorized by all requisite company action on the part of Seller. This Agreement has been duly executed and delivered by Seller, Seller and this Agreement constitutes a legal, the valid and binding obligation of Seller Seller, enforceable against Seller in accordance with its terms.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Studio Ii Brands Inc), Stock Purchase Agreement (Studio Ii Brands Inc)

Authority of Seller. Seller has full power and authority to enter into execute and deliver this AgreementAgreement and the other Transaction Documents to which it is a party, and to carry out perform its obligations hereunder and to consummate the transactions contemplated herebythereunder. The execution execution, delivery and delivery performance by Seller of this Agreement and any the other documents delivered hereunder, the performance by Seller of its obligations hereunder Transaction Documents to which it is or will be a party and the consummation by Seller of the transactions contemplated hereby and thereby, have been duly and validly authorized by all requisite company action on necessary action. Assuming due authorization, execution and delivery by the part of Seller. This other parties hereto, this Agreement has been duly executed and delivered by Seller, and this . This Agreement constitutes a the legal, valid and binding obligation obligations of Seller Seller, enforceable against Seller in accordance with its terms.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (CLS Holdings USA, Inc.)

Authority of Seller. Such Seller has the legal capacity and full power and authority to enter into this Agreement, to carry out its obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery by such Seller of this Agreement and any other documents delivered hereunderAgreement, the performance by such Seller of its obligations hereunder hereunder, and the consummation by such Seller of the transactions contemplated hereby have been duly authorized by all requisite company action on the part of Sellerauthorized. This Agreement has been duly executed and delivered by such Seller, and (assuming due authorization, execution and delivery by Buyer and the other Sellers) this Agreement constitutes a legal, valid and binding obligation of such Seller enforceable against such Seller in accordance with its terms.

Appears in 1 contract

Samples: Securities Purchase Agreement (Titan Machinery Inc.)

Authority of Seller. Seller has full all necessary corporate power and authority to enter into this Agreement, to carry out its obligations hereunder and thereunder and to consummate the transactions contemplated herebyhereby and thereby. The execution and delivery by Seller of this Agreement and any other documents delivered hereunderAgreement, the performance by Seller of its obligations hereunder and thereunder and the consummation by Seller of the transactions contemplated hereby and thereby have been duly authorized by all requisite company corporate action on the part of Seller. This Agreement has been duly executed and delivered by Seller, and this Agreement constitutes a legal, valid and binding obligation of Seller enforceable against Seller in accordance with its terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Supreme Industries Inc)

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Authority of Seller. Seller has full authority to enter into this Agreement and to carry out the transaction Contemplated hereby. Seller is a duly organized, validly existing company under the Companies' Act, 1956 and has full corporate power and authority to enter into this Agreement, Agreement and to carry out its obligations hereunder and to consummate the transactions transaction contemplated hereby. The Seller has taken all action required to be taken by them for the execution and delivery by Seller of this Agreement and any other documents delivered hereunder, the performance by Seller of its obligations hereunder and the consummation by Seller of the transactions transaction contemplated hereby have been duly authorized by all requisite company action hereby, and no other proceedings on the part of SellerSeller will be necessary to consummate the transaction contemplated hereby. This Agreement has been duly executed and delivered by Seller, and this Agreement constitutes is a legal, valid and binding obligation agreement of Seller Seller, enforceable against Seller in accordance with its terms.

Appears in 1 contract

Samples: Share Purchase Agreement (Distinctive Devices Inc)

Authority of Seller. Seller has full power and authority to enter into this AgreementAgreement and the other Transaction Documents to which Seller is a party, to carry out its obligations hereunder and thereunder, and to consummate the transactions contemplated herebyhereby and thereby. The execution and delivery by Seller of this Agreement and any other documents delivered hereunderTransaction Document to which Seller is a party, the performance by Seller of its obligations hereunder and thereunder, and the consummation by Seller of the transactions contemplated hereby and thereby have been duly authorized by all requisite company action on the part of Seller. This Agreement has been duly executed and delivered by Sellerthe Transaction Documents constitute legal, valid, and this Agreement constitutes a legal, valid and binding obligation obligations of Seller enforceable against Seller in accordance with its their respective terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (KULR Technology Group, Inc.)

Authority of Seller. Seller has full corporate power and authority to enter into this Agreement, to carry out its obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery by Seller of this Agreement and any other documents delivered hereunderAgreement, the performance by Seller of its obligations hereunder and the consummation by Seller of the transactions contemplated hereby have been duly authorized by all requisite company corporate action on the part of Seller. This Agreement has been duly executed and delivered by Seller, and (assuming due authorization, execution and delivery by the Purchaser) this Agreement constitutes a legal, valid and binding obligation of Seller enforceable against Seller in accordance with its terms.

Appears in 1 contract

Samples: Purchase Agreement (Microphase Corp)

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